Billionaires for Wealthcare Serande the Masses on Capitol Hill - 11/5/09 (HQ)

On November 5th, 2009, a group of grassroots billionaire health insurance executives went to our nation's Capitol to thank the assembled teabagging masses for protesting for the right to keep putting profits over people.

They sang, they chanted, they drank champagne, and they headed into the halls of Congress to serenade Congressmen and their lobbyists, who were eating lunch.

http://www.billionairesforwealthcare.com

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• song

[doulando]

Bravo! judging by the responses here, you achieved your goal.

[taxyttik17]

WOW the new song is Wonderful!

[frednoname1]

What a bunch of dumbasses.

[concretewater87]

AMAZING signs!!!! "Let them eat Advil!" omg! hahaha

[FredCPA1962]

and you still havent addressed the 8yr (rev)/10(yr)benefit donut hole vis a vis the 20 yr cost. please think that thru as well. or the 8% cost pr tax vs real costs of higher premiums for priv plans (INCLUDING new taxes loaded ontop). i know its not hard when you consider it all. you can hang your hat on cbo if you want. but there are many unaddressed issues i have raised here. i know they are inconvenient. i wish they werent. cause we both want the same thing. peace.

[FredCPA1962]

but at some point if you care to, talk to someone who works with numbers all day long. who has done it for say 20-25 years. and they will tell you why the cbo is full of shit. in this regard. its your kharma dude. you still havent worked thru the math i have stated on why it is understated. please address (not here, in your own mind) my reasoning why it is a fallacy. i trust in you you to come to the correct conclusion. i have faith in you to really think this trough. good luck man.

[FredCPA1962]

yes guy. thats what they estimate. and that is where they are wrong. its cool. i am not going to walk you thru why they are wrong. you know in your heart that is rediculous.

[monkeyfelo]

Well gonna have to admit this is the last time I am going to "walk you through it" you should try googling things it is quite amazing.

CBO estimates that only 6 million people will choose the public plan. The vast majority of people will continue to get their care through employer sponsored coverage.

Benefits will continue to have a tax exclusion and so businesses will have a monetary incentive to continue to provide coverage for their employees.

[FredCPA1962]

does it take inot account revenues are raised for 10 years and costs are incurred for 8 years? i think it does. can we look at second 10 years. i was unaware the doc fix had been stripped out. so then the 109bil surplus is NOT including reducitons to hospital reimbursements. but does inlcude medicare cust of 500bill (10yr #)correct? am i on track with that one? what would be results of that? if indeed the final ver includes this. i beleive 3200 had it was pretty sure 3962 did include this.

[FredCPA1962]

please provide links for this data. and please refute if you could the CBO assumptions that i have stated that arrive at your number. which is false. in the real world, as the assumptions are not realistic. i am willing to look, if you have any data. i am not guessing. have you seen how the cbo sausage is made? you are aware i am sure they must follow the dictates of the legislation now matter how unrealistic the actual (and what past history would inform us) track record is.

[monkeyfelo]

See again it shows that you don't read things before you make things up. Seeing as though the CBO score is for HR 3962 it does not take into account the Medicare doc fix which is HR 3961

[FredCPA1962]

seems result would be more people IN a public option plan (thats cheaper). if thats the case, how do costs reduce vis a vis budget? if more pople are IN pub opt exchange versuion while fewwer are in priv plans. i dunnio. walk me thru this.