Financial topics

[Reality Check]

You're missing the point. These mandates can't be implemented without
economic disaster just like Nixon's wage-price controls couldn't be
implemented without economic disaster. It's not a matter of
postponing it a year. The same economic forces that make the mandates
impossible in 2014 are still going to exist in 2015.

Maybe I am missing everything here.

What specific economic disaster(s) will occur in 2014 if not delayed,

and in 2015 if delayed a year ?

[aedens]

Our state is already gone, dead, vapid, statist nightmare of self serving dullards sucking the marrow from the last standing taxpayers
who have not already left or on the way out. The south will fall sooner or later and Texas is going to morph into the Socialist state of Texas.
Texas often talks about it Mexican Border issue ignoring the real border problem. The wave of Socialist immigrants from other
US socialists blue states. It destoyed us. Like I told you all point blank we just sacrificed our areas books to the black hole. How is it simple math eludes
taxpayers. The last tax spasm will finish them off to serfdom or worse as they stood by and did nothing and they deserve all of it.
Great idea to dump more countless thousands on us, and also illegals to make sure gerrymandering is a red herron. Are they to ignorant
to walk out the front door to see. Yes they are.

[Reality Check]

[

The reason that the Soviet Union, East Germany, North Korea and Cuba
all got stuck economically in the 1950s is because you CANNOT exert
that level of control successfully.

I agree. It did make their economies sick and it did eventually kill their economic systems.

But it took decades, not years, and they did not change there medical system until the entire economic system crashed and burned.

So maybe we agree if you are talking over a period of five (5) to twenty ( 20 ) years Obama Care maybe the straw that breaks the camels back and destroys the U.S. economy.

But not in one or two years - and Obama and his cronies simply do not understand and/or care about such a collapse - they just care about control and the politics that keep them exercising that control.

[Reality Check]

I do believe Obama Care will kill the quality of the medical system for those on Medicaid, the vast majority of Americans enrolled in a basic Obama Care approved health insurance plan, and those on Medicare.

Visiting your "health care provider" will mean seeing a Nurse practitioner ( not a doctor ) , as is already the case in many state run work place injury medical plans.

And this will occur very rapidly over the next couple of years.

[John]

> But it took decades, not years, and they did not change their
> medical system until the entire economic system crashed and
> burned.

Nixon's wage-price controls started collapsing within a year, and were
dead within three years.

China's Great Leap Forward killed tens of millions of people in two
years.

Russia, East Germany, North Korea and Cuba froze their entire economic
systems for decades, if that's what you mean. But that's not
going to happen in the U.S.

[Reality Check]

Perhaps this is the two possible scenarios with Obama Care:

1. It will keep it's promise and provide "Quality Health Care at an Affordable Price" at the expense of the tax payer and also at the expense of businesses, thus causing an economic disaster when implemented.

2. It will not keep it's promise of delivering "Quality Health Care at an Affordable Price" because it provides piss-poor health care insurance and as result few will signup for it's free lunch, because the lunch leaves a bad taste in their mouth, will not cause an economic disaster in the next year or two.

[John]

You asked me to define what disasters would occur with Obamacare in
2014 and 2015. The exact details can only be seen in retrospect.
However, you can make an educated guess by examining the problems
we've seen so far, and multiply them by 100 or 1000. Also, assume
that everyone is lying.

Here's what happened after about 1 1/2 years of Nixon's
wage-price controls:

> What no one understood at the time was that economic conditions
> had undergone a profound and dramatic change. The cycle of
> wage-driven price hikes had been broken during Phase II. But
> government and private forecasters uniformly failed to recognize
> that demand had begun putting such severe pressure on supplies
> that within a matter of months, prices of virtually all
> commodities -- foodstuffs, minerals and petroleum -- would
> explode, reaching historic highs. The rate of inflation shot up to
> 11% by the summer of 1973, leaving Phase III in shambles.

> Part of the reason for the sudden change was the Federal Reserve
> Board’s expansive money supply policy in 1972. Suddenly there was
> too much money chasing scarce goods and pushing prices
> higher. Phase II controls also contributed by blocking price
> increases, thereby masking the sea changes which the economy was
> about to undergo. Finally, there were unforeseen supply shortages,
> particularly in the commodity sector of the economy. But if the
> causes of the price increases were not well understood, the
> increases themselves became all too visible as prices rose sharply
> after Phase III was ushered in. Faced with mounting criticism, the
> Administration tried to put a tougher face on Phase III.

> http://nixonswageandpricefreeze.wordpre ... ce-freeze/

There was a similar problem with Mao's Great Leap Forward. All the
provincial politicians lied about how much food was being produced,
rather than be punished (i.e., executed) for not meeting their quota.
Mao himself purposely ignored all the warning signs. Once people
started starving, it was too late -- there was way too little food to
feed everyone, and tens of millions of people starved.

[Reality Check]

Nixon's wage-price controls started collapsing within a year, and were
dead within three years.

I lived through them, and I recall they were intended to be temporary and that a defense of the foreign exchange gold standard, and the end of the gold standard, also occurred during the six ( ? ) years Nixon was in office.

China's Great Leap Forward killed tens of millions of people in two
years.

I do not believe Obama Care is going to include the forced relocation of millions of people.

Russia, East Germany, North Korea and Cuba froze their entire economic
systems for decades, if that's what you mean. But that's not
going to happen in the U.S.

If you had ask me ten ( 10 ) years ago if what has happened in the last six ( 6 ) years could ever happen in the United States I would have said no.

But things have changed, and with "Immigration Reform" and Generations X liars in charge of who get's registered to vote ( and with the U.S. Supreme Court saying it's unconstitutional to require proof of citizenship to register to vote, or to vote ), the rate of change may accelerate.

[Reality Check]

This is brutal, but true.

Food production and distribution breaks down, babies and workers die.

Medical Care for the elderly and sick is eliminated and babies and workers live.

Disrupting health care delivery to those who consume the vast majority of health care will have a limited effect on the economy.

Wage price controls under Nixon, even though simplistic in concept, impacted every part of the economy.

As long as the Medical Care workers receive just as much money in total, the effect on the economy of the elderly and very sick dieing is limited.
This is particularly true if three times as many young healthy immigrants ( 30 Million over time ) are being let into the country, as will happen if the Immigration reform bill passes, to replace the dead.

[John]

> Nixon's wage-price controls started collapsing within a year, and
> were dead within three years.

> I lived through them, and I recall they were intended to be
> temporary and that a defense of the foreign exchange gold
> standard, and the end of the gold standard, also occurred during
> the six ( ? ) years Nixon was in office.

Read the paper that I referenced and quoted. it's absolutely
fascinating, and might help convince you about what's going to happen
if Obamacare is implemented.

http://nixonswageandpricefreeze.wordpre ... ce-freeze/