Author Topic: The CLASS-less Democrats  (Read 559 times)

Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
The CLASS-less Democrats
« on: October 27, 2011, 06:10:44 PM »
WOLF: CLASS-less Democrats
Obamacare collapsing en route to Supreme Court

Class, for lack of a better comparison, is like bladder control: You either have it or you don’t. When it comes to forcing Obamacare upon America with dishonest gimmicks, the Democrats have no class. A major portion of Obamacare just collapsed under its own weight, and Democrats are forced to admit that Republicans were right about it all along.

The Orwellian-named CLASS Act (Community Living Assistance Services and Supports) is a major entitlement program tucked quietly within the 2,700 pages of Obamacare. Its stated goal was to provide long-term care, principally nursing home care and home health visits. In reality, elderly in need became the unknowing pawns of Democrats who wanted a slick gimmick to balance the Obamacare books.

Consider just how thoroughly dishonest the Democrats have been. The White House falsely claimed that its health care overhaul would reduce the deficit. To make this appear to be true, it counted 10 years of CLASS incoming revenue but just five years of expenses. Democratic Sen. Kent Conrad of North Dakota admitted it was “a Ponzi scheme of the first order, the kind of thing Bernie Madoff would have been proud of.” And then he voted for it. Classless.

“Totally unsustainable.” That’s how Health and Human Services (HHS) Secretary Kathleen Sebelius described the CLASS Act in sworn testimony before the Senate Finance Committee earlier this year. Then she continued to foist it upon America anyway. Classless.

But a funny thing happened along the way to the Democrats’ health care utopia. The stubbornly inescapable and elegantly simple Stein’s Law, named for the late economist Herbert Stein, kicked in with a vengeance: “Things that can’t go on forever, don’t.” Collecting 10 years of revenues for every five years of expenses can’t go on forever, and now even HHS admits there is “no viable path forward” for the CLASS Act. Despite HHS’ fatal prognosis for the program, it wants to keep the program on the books anyway so at some point it can attempt a resurrection. Classless.

“No viable path forward.” Remember that phrase because you’ll be hearing it more often as the rest of Obamacare faces its own day of reckoning with Stein’s Law. The CLASS Act collapse is a harbinger of things to come, and two lessons are critically important:

First, the CLASS Act is nonviable for the same reason that the rest of Obamacare is nonviable: There simply isn’t enough of other people’s money to pay for it. Obamacare is propped up by the individual mandate, which forces would-be free Americans to purchase far more health insurance than they need as an obvious means to transfer wealth. Because Obamacare doles out welfare goodies to families earning up to $88,500 a year - imagine that - a whole lot of wealth needs to be transferred. The individual mandate, as currently adjudicated in federal court, has been ruled unconstitutional. If the Supreme Court resurrects the mandate, it’s likely an even higher court - the voters - will strike it down.

Let’s hope the Supreme Court, particularly in light of the CLASS Act collapse, has the wisdom of Solomon and rejects the ill-advised urge to split this baby in half. As U.S. federal Judge Roger Vinson ruled, it’s not enough simply to discard the individual mandate and hope the rest will survive. After all, the White House itself has declared that the individual mandate and the remainder of the law are “inseparably linked.” The collapse of the CLASS Act, absent its own individual mandate, is proof positive.

Second, the Democrats, from President Obama on down, were willfully and demonstrably dishonest while peddling Obamacare to the nation. There’s just no way around this fact. There’s no amount of nuance that can escape this reality: The Democrats lied. They should be reminded of this every time they try to peddle more laws. So when Vice President Joseph R. Biden claims, for example, that rapes and murders will increase if the president’s latest stimulus plan isn’t passed - an absurd claim, a four-Pinocchio whopper according to one liberal newspaper - he has forfeited any presumption of honesty. When Obama administration officials make claims, the burden of proof is on them, and until veracity can be independently confirmed, their claims deserve to be discounted. The Democrats are well into fool-me-twice territory.

Obamacare will not survive. Even if this ill-conceived law does somehow miraculously withstand the potent legal and political challenges, it cannot survive the unforgiving laws of economics. So when the president forces an unconstitutional law on the nation against the clear will of the majority of Americans and it is proving itself to be wholly unsustainable, there’s really only one conclusion you can reach about Obamacare: “No viable path forward.”

Dr. Milton R. Wolf, a Washington Times columnist, is a board-certified diagnostic radiologist and President Obama’s cousin. He blogs at miltonwolf.com.

http://www.washingtontimes.com/news/2011/oct/26/class-less-democrats/



Just how much of the Obamacare "statistics" did these people pull out of thin air? I'm guessing well over 50%. And still they try to hold onto this program.

George Whorewell

  • Getbig V
  • *****
  • Posts: 7365
  • TND
Re: The CLASS-less Democrats
« Reply #1 on: October 27, 2011, 09:34:45 PM »
That was an extremely racist article. It was so racist that the racist author is even racist against his cousin who is president of the United States.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39441
  • Doesnt lie about lifting.
Re: The CLASS-less Democrats
« Reply #2 on: October 28, 2011, 05:11:58 AM »
The idiots like straw woman still can't see how this is a ponzi scheme and was used to get the favorable CBO rating.   


Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
Re: The CLASS-less Democrats
« Reply #3 on: October 29, 2011, 09:30:17 AM »
Obamacare is collapsing before our eyes.  :o

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39441
  • Doesnt lie about lifting.
Re: The CLASS-less Democrats
« Reply #4 on: October 29, 2011, 09:32:19 AM »
Obamacare is collapsing before our eyes.  :o

According to Straw - ObamaCare is complete viable.   

Two crack pipes on every stove!

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39441
  • Doesnt lie about lifting.
Re: The CLASS-less Democrats
« Reply #5 on: January 18, 2012, 07:11:17 AM »
Repeal the CLASS 'Ponzi scheme'
By: Rep. Charles Boustany
January 17, 2012 10:09 PM EST
 


‘Obamacare” appears ready to collapse under its own weight. Look at the CLASS Act, a government-run long-term care program Congress is likely to vote to repeal from the 2010 law.

Sen. Harry Reid (D-Nev.) and then-Speaker Nancy Pelosi (D-Calif.) ignored warnings from the Medicare actuary and the American Academy of Actuaries when they added this budget gimmick to the 2010 health law. A bipartisan Senate majority voted to strip CLASS from the law, but Democratic leaders needed CLASS premiums to offset the costs of unrelated parts of “Obamacare.”

Last year, Health and Human Services Secretary Kathleen Sebelius suspended CLASS after department attorneys conceded HHS lacked the legal authority to make CLASS appear more actuarially sound. Citing HHS, the Congressional Budget Office added: “The program cannot be operated without mandatory participation so as to ensure its solvency.”

Unfortunately, CLASS could return to haunt us if it isn’t fully repealed before October 2012. Legal experts at the Congressional Research Service warn that a federal judge could force HHS to revive CLASS after this key deadline in the law expires.

As we seek to repeal CLASS, we should confront two myths used to sell this Ponzi scheme.

First, CLASS does not guarantee a daily minimum cash benefit for working disabled Americans with pre-existing conditions. The administration planned to break the law, according to HHS attorneys, by excluding them from coverage, writing new income rules and phasing enrollment because of health status.

HHS also said solvency or legal problems could force the program’s shutdown, at the risk of leaving some working disabled Americans “worse off.”

Second, CLASS is a bad deal for healthy Americans and leaves us unprepared for the aging of the baby-boom generation. Howard Gleckman of the Urban Institute notes the average CLASS premium would run as high as $391 per month, “which far exceeds private market premiums.”

In addition, consumers receive no private contract that guarantees benefits. They must meet a five-year vesting period and forfeit what they contribute into a pay-as-you-go system with no reserve requirements.

Approximately, six out of 10 seniors will likely need some type of long-term care. The number of Americans 85 or older could grow 250 percent by 2040, and this group has the greatest need for long-term care.

As a physician, I treated hundreds of patients who needed long-term care, including ones with Alzheimer’s. More than 13.5 million seniors could have this disease by 2040. Middle-class families remain dangerously unprepared for these costs. Some people will likely spend more than $100,000 on care. The fictional CLASS daily benefit of $50 per day won’t cover this.

I urge my House and Senate colleagues to support this CLASS repeal. We should instead make it easier for disabled Americans to save for future needs, expand access to affordable private long-term care coverage and better educate Americans about the need for retirement planning.

Rep. Charles Boustany (R-La.), a physician, is chairman of the Ways and Means Subcommittee on Oversight.
 
 
© 2012 POLITICO LLC
 

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39441
  • Doesnt lie about lifting.
Re: The CLASS-less Democrats
« Reply #6 on: August 13, 2012, 07:19:54 PM »
Bump