FACTS are a bitch guys!!!
Originally Posted by rjdiner
Yeah, well, so am I. I like you anyway, and here's hoping you don't hold this too much against me. 'Coz I do surely still like you, I just, well, don't happen to agree with you right this second.
FACT: Since Inauguration the stock market is up over 50%
Fact: Since the inauguration, GATA has testified credibly as to JPMorgan manipulating the silver market, Goldman Sachs has been sued by the SEC for fraud, the debt auctions have become perilous and China has been busily liquidating our bonds.
Fact: What all these things have in common is that they have nothing to do with Obama. (Bernanke, Geithner and Paulson, now... whole 'nother story.)
FACT: 32 million people have health care that did not have it before
(You're killing me, smalls. Are you really going to make me say this?)
Fact: There is no benefit in this healthcare bill which will take effect before September.
Fact: The government will not provide one single person with healthcare, in any form, before 2014.
Fact: The oft-touted figure of 32 million was pulled out of someone's ass. The reliable stats on this one are compiled by the US Census Bureau, and I happen to have the most recent data available (2008, published in Sept 2009). According to the
US Census Bureau, the number of uninsured is 46.3 million. 9.5 million are not Americans, but rather foreign-born nationals residing within our borders - neither the Census Bureau nor I choose to comment on the legality of their residence, merely the fact of their coverage. 17.8 million are presumed voluntarily uninsured, as their income exceeds the national average. The Census Bureau acknowledges that a certain unstated portion of the uninsured are, further, eligible for Medicaid and not receiving it for reasons unknown.
Ergo...
Fact: Less than 19 million Americans are uninsured due to lack of ability to obtain coverage. This number has not changed since the healthcare bill, and there is no promise that these people will be given healthcare due to this bill.
FACT: The cost of the healthcare bill will be a net savings over the next 10 years
Fact: Many of the taxes, penalties and fees will take place this year while the government will not be providing any coverage until 2014.
Fact: The CBO assumed 7% GDP growth when compiling it's figures. 2008
GDP growth was 1.1%. 2007 was 2%. 2006 was 2.87%.
Fact: Playing with the figures does not make for reliable results.
And finally...
Fact: I don't care about Obama. I care that this is a bad bill. It's fiscally unsound, inefficient and a drag on an economy which is already in dire straits. It's a grossly unconstitutional misinterpretation of the commerce clause. It did not do enough for insurance reform. I would still hate this bill if it had been signed by the Almighty Jesus.
This is not a political rhetoric thing. This is not a Democrat vs Republican thing. This is about whether this bill is a benefit to the American people. I don't believe it is, and I base my opinion on a thorough knowledge of the facts. Y'all are free to disagree with me.
FTR, Beck is a grandstanding RINO clown and Cramer's an idiot. Y'all can disagree with me on that one, too.