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    Thoughts on the bailout

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    Adam
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    Thoughts on the bailout

    Post by Adam on Wed Feb 18, 2009 4:11 pm

    What do you think?

    What are some of the things in the bill that you we're shocked to find out?

    -Welfare reform is over

    -The banning of lead "toys" now applies to motorcycles, ATV's, etc. (yes, seriously)

    -Senior Citizens who get sick can be turned down for treatment based on their age and life expectancy

    What else?


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    Scottish Lass

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    Re: Thoughts on the bailout

    Post by Scottish Lass on Wed Feb 18, 2009 4:38 pm

    Shocked is too strong a word, but I'm frustrated by the dog parks, doorbells, and "green" golf carts as examples of the sheer waste in this bill. The vast, vast majority of this bill/law will not create/save jobs, and certainly not the number the president promises. Lower taxes on employers does, but what do I know?
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    Adam
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    Re: Thoughts on the bailout

    Post by Adam on Wed Feb 18, 2009 4:41 pm

    It seems this package was a reward to Obama supporters and nothing more.


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    Scottish Lass

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    Re: Thoughts on the bailout

    Post by Scottish Lass on Wed Feb 18, 2009 4:44 pm

    I know my (D) governor is all excited about it--the "green" golf carts (aren't they already electric, for crying out loud?) are on his personal list.
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    Adam
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    Re: Thoughts on the bailout

    Post by Adam on Wed Feb 18, 2009 4:45 pm

    Yes, they've always been electric, no idea what's so special about these.


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    Bob

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    Re: Thoughts on the bailout

    Post by Bob on Wed Feb 18, 2009 8:03 pm

    Adam wrote:-Senior Citizens who get sick can be turned down for treatment based on their age and life expectancy

    What is this about?
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    Adam
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    Re: Thoughts on the bailout

    Post by Adam on Wed Feb 18, 2009 10:01 pm

    http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mccaughey&sid=aLzfDxfbwhzs

    Part of it-

    Medicare now pays for treatments deemed safe and effective. The stimulus bill would change that and apply a cost- effectiveness standard set by the Federal Council (464).

    The Federal Council is modeled after a U.K. board discussed in Daschle’s book. This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis.

    In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision.

    Hidden Provisions

    If the Obama administration’s economic stimulus bill passes the Senate in its current form, seniors in the U.S. will face similar rationing. Defenders of the system say that individuals benefit in younger years and sacrifice later.

    The stimulus bill will affect every part of health care, from medical and nursing education, to how patients are treated and how much hospitals get paid. The bill allocates more funding for this bureaucracy than for the Army, Navy, Marines, and Air Force combined (90-92, 174-177, 181).

    Hiding health legislation in a stimulus bill is intentional. Daschle supported the Clinton administration’s health-care overhaul in 1994, and attributed its failure to debate and delay. A year ago, Daschle wrote that the next president should act quickly before critics mount an opposition. “If that means attaching a health-care plan to the federal budget, so be it,” he said. “The issue is too important to be stalled by Senate protocol.”


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    Ivan

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    Re: Thoughts on the bailout

    Post by Ivan on Wed Feb 18, 2009 10:57 pm

    The stimulus package will do little good and most likely great harm. Many of you may not agree with me, but I believe we need to lower our expectations economically and expect a lower standard of living. And I believe this will affect the whole world.

    The worst is yet to come. If you have a job, keep it if you can!


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    MrMerlin777

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    Re: Thoughts on the bailout

    Post by MrMerlin777 on Thu Feb 19, 2009 5:38 pm

    A communistic redistribution of wealth period.
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    spokenfor

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    Re: Thoughts on the bailout

    Post by spokenfor on Fri Feb 20, 2009 1:52 pm

    anyone have a link that gives a good breakdown in plain English as to what exactly IS in the package?
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    Adam
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    Re: Thoughts on the bailout

    Post by Adam on Fri Feb 20, 2009 2:18 pm

    no one knows everything that's in it yet. It's still being poured over by many.


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    Scottish Lass

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    Re: Thoughts on the bailout

    Post by Scottish Lass on Fri Feb 20, 2009 8:11 pm


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