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Will this be the largest corporate welfare bill? Has anyone run

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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 08:50 AM
Original message
Will this be the largest corporate welfare bill? Has anyone run
the numbers yet or will the bank bailouts still be?
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orpupilofnature57 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 08:53 AM
Response to Original message
1. I guess banks , We'll benefit from this ,They benefited from that ,they always
need more.
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 08:56 AM
Response to Original message
2. Nope. The MIC, hands down.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 08:58 AM
Response to Reply #2
3. Yes, at present that is first.
The ongoing nature of both now will be interesting to follow. Medical cost inflation is one of the highest in the US.
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:02 AM
Response to Reply #3
4. $100B annually vs. $600B annually.
If you flipped those expenditures, everyone would have their own personal physician tagging along with them.
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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:02 AM
Response to Original message
5. I'm not excited by the 'public option' as explained so far... I am hopeful it will evolve ....
As I understand the present proposal, all but 5% of our citizens will be 'boxed out' of selecting the 'public option' if they are offered insurance coverage from an employer or already have healthcare insurance.

So the plan 'offered' by an employer may be the worst in the land, and yet you won't qualify.

Even if you do qualify to choose the 'public option' it will take 4 years to get up and running, and in the meantime you will have access to 'catastrophic coverage' which likely will involve large deductibles and co-pays.

When Congress gets down to hammering out the details, it will become obvious that without significant details being added this will create huge loopholes for the healthcare insurance companies to game the system, and make out like bandits.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:58 AM
Response to Reply #5
9. Loopholes will be the game as it always is.
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:53 AM
Response to Original message
6. declining care on pre-existing condition will be illegal, cutting coverage will be illegal, reducing
coverage will be illegal. I don't think that exactly qualifies as "corporate welfare."
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 01:05 PM
Response to Reply #6
12. Subsidies and 30 million additional mandated customers by law could be.
Edited on Thu Sep-10-09 01:19 PM by mmonk
Have you done the math? If the average annual monetary contribution of those 30 million is $6,000.00, the money would equal, for example, $1,800,000,000,000.00.
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:55 AM
Response to Original message
7. First you'd have to factually demonstrate that this actually will be a corporate welfare bill.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:59 AM
Response to Reply #7
11. Sure. 30 million mandated customers by law and subsidies.
Edited on Thu Sep-10-09 10:00 AM by mmonk
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:55 AM
Response to Original message
8. no, the iraq afghanistan wars are corporate welfare to the kill industries
this will actually KEEP PEOPLE ALIVE
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 09:59 AM
Response to Original message
10. The MIC's bigger but they could have competition.

These is a two trillion dollar robbery at least.
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