5 States Potentially Headed for Obamacare Disasters
Is disaster on the way for your state?
When it comes to the Affordable Care Act, commonly known as Obamacare, some states appear to be in much worse shape than others. For certain states, total enrollment has been nothing short of abysmal — particularly when compared with the potential market size of uninsured individuals.
As The Motley Fool’s Brian Orelli noted recently, experts say that ideally around 40% of Obamacare enrollees should belong to a younger demographic. That figure counts on younger Americans to generally be healthier. Insurance companies need a solid pool of healthy individuals to enroll in order to offset less healthy enrollees.
How many states have achieved that 40% mark so far? Zip. Nada.
The District of Columbia reported 44% of its enrollees were between the ages of 18 and 34, but D.C. technically is not a state. Massachusetts came the closest, with 31% of individuals signing up for Obamacare in the desired young age range.
The biggest potential for disaster, however, stems from a combination of relatively high total enrollment and low enrollment of younger residents. If a state has low overall enrollment, insurers might not generate much in terms of revenue — but at least they also won’t lose a lot if there aren’t enough healthy individuals signing up to subsidize the less healthy members. But if there are high levels of enrollment combined with low numbers of healthier enrollees, it could make for a disaster.
So which states appear to be most likely to be headed for this potential Obamacare disaster? Here are the top five.
Read it all at the Motley Fool.
Now that a new report by Oxfam International duly informed us that the 85 unnamed richest people have as much wealth as the poorest 3.5 billion people combined, we want to know where they’re staying overnight when they come into town for dinner. We already know where the poorest 3.5 billion are staying: in shacks and hovels and moldy apartment blocks, the lucky ones. The rest are on the street. And they’re not likely to go to New York for dinner.
The wealthiest 1% had a net worth of $110 trillion, or 46% of the world’s total wealth, according to the report. The bottom 50% of all humanity – the poorest 3.5 billion people – carves up amongst itself $1.7 trillion, or 0.7% of the world’s total wealth, same as the wealthiest 85 individuals.
That gap between the very few immensely rich and the impoverished masses has grown – particularly since central banks have embarked on their money printing and zero-interest-rate-policy orgies, lovingly dubbed QE and ZIRP. The Fed had made its philosophy clear from get-go. It would print money and buy assets to drive up asset prices, which would bail out the banks and deleverage corporations by reflating the decomposing assets on their balance sheets. The Fed would also lend them short-term money at near zero cost to bail them out rather than let their teetering empires collapse. Once that job was accomplished, the Fed continued with its QE and ZIRP mania to create that “wealth effect,” as Chairman Bernanke pointed out repeatedly, which would somehow throw off some crumbs for the hoi polloi.
Not a lot of crumbs were thrown their way, but those on the receiving end of QE hit pay dirt: the richest 1% in the US received 95% of the huge wealth the Fed created out of nothing since 2009, according to Oxfam, while the bottom 90% of Americans have become poorer.
Read on HERE.
Imagine All the People Living in Islamist Hegemony: Why Lennon and Dylan Know All About Islamist Hegemony
If you want to understand Arab and Muslim politics, read Constantine Zurayk’s article published shortly after the 1948 Arab-Israeli War. Zurayk was a frustrated Arab moderate trying to understand how Middle East politics worked. He realized that as long as Israel was only perceived as a high mountain to Arab ambitions, Israel would always stand in the way of Arab political development. When Zionism or Israel is made to be the focus, this conflict will justify all Arab and Muslim anti-Israel, anti-Jewish, anti-Western, anti-American sentiments.
See here in Zurayk’s account:
“Seven Arab states declare war on Zionism in Palestine, stop impotent before it, and turn on their heels. The representatives of the Arabs deliver fiery speeches in the highest international forums, warning what the Arab state and peoples will do if this or that decision be enacted. Declarations fall like bombs from the mouths of officials at the meetings of the Arab League, but when action becomes necessary, the fire is still and quiet and steel and iron are rusted and twisted, quick to bend and disintegrate”
His message was not Israel as the central problem, but Arabs as the central problem.
In other words, radical nationalists, traditional society, and Islamism fuse to destroy the West; all three fail. But since Islam must be true, then it has to be the right way. Islam cannot be wrong; it is the basic concept building Muslim society. The desperate work of Western society–the enlightenment and antimonarchic– is futile and unacceptable. The Arab and Muslim worlds are not ready for Thomas Paine, George Washington, or anti-clericalism (like the one that infested the French Revolution).
Arab and Islamic politics would have benefited greatly if the Eastern cultural tradition had been replaced by Bob Dylan’s “Only a Pawn in Their Game” or “Imagine” by John Lennon.
Much more to read found HERE.
War Crimes Against Southern Civilians
This is the untold story of the Union’s “hard war” against the people of the Confederacy. Styled the “Black Flag” campaign, it was agreed to by Lincoln in a council with his generals in 1864. Cisco reveals the shelling and burning of cities, systematic destruction of entire districts, mass arrests, forced expulsions, wholesale plundering of personal property, and even murder of civilians. Carefully researched largely from primary sources, this examination also gives full attention to the suffering of Black victims of Federal brutality.
The above is the Kindle version. It is on my kindle now.
The below is the hardcover version.
“…blows the lid off the conspiracy of silence about the violent, mass-murdering origins of the American Leviathan state…” — -Thomas J. DiLorenzo, www.LewRockwell.com
From the Inside Flap
“Of all the enormities committed by Americans in the nineteenth century–including slavery and the Indian wars–the worst was the invasion of the South, which destroyed some twenty billion dollars of private and public property and resulted in the deaths of some two million people, most of whom were civilians–both white and black.” –David Aiken, editor of A City Laid Waste: The Capture, Sack, and Destruction of the City of Columbia Finally, here is the first book-length survey of the Union’s “hard war” against the people of the Confederacy–one that included the shelling and burning of cities, systematic destruction of entire districts, mass arrests, forced expulsions, wholesale plundering, and murder. In a series of compelling chapters, Cisco chronicles the St. Louis massacre, where Federal authorities proceeded to impose a reign of terror and dictatorship in Missouri. He tells of the events leading to, and the suffering caused by, the Federal decree that forced twenty thousand Missouri civilians into exile. The arrests of civilians, the suppression of civil liberties, theft, and murder to “restore the union” in Tennessee are also examined. Women and children were robbed, brutalized, and left homeless in Sherman’s infamous raid through Georgia. In South Carolina, homes, farms, churches, and whole towns disappeared in flames. Civilians received no mercy at the hands of the Union invaders. Thoroughly researched from sources including letters, diaries, and newspaper accounts of the time, Walter Brian Cisco’s exhaustive book notably pays careful attention to the suffering of African-American victims of Federal brutality, revealing that wherever Federal troops encountered Southern blacks, whether free or slave, they were robbed, brutalized, belittled, kidnapped, threatened, tortured, and sometimes raped or killed by their blue-clad “liberators.” Apologists for Lincoln’s hard war continue to downplay the suffering endured and the damage done, blame the victims, or call some of the above incidents “accidents” or “mistakes.” Many also cling to the Lincolnian myth that only by the most horrendous of wars could the slaves be freed, ignoring the fact that the rest of the Western world managed to bring an end to the institution without bloodshed. This book serves to set the record straight and to show that the war on Southern civilians was not justified, despite the convictions by many that such a war was necessary to save the union. Walter Brian Cisco’s first book, States Rights Gist: A South Carolina General of the Civil War, a biography of the little-known general, was a 1992 selection of the History Book Club. He is also the author of Taking a Stand: Portraits from the Southern Secession Movement, Henry Timrod: A Biography, and Wade Hampton: Confederate Warrior, Conservative Statesman, considered the definitive biography of Hampton and the 2006 winner of the Douglas Southall Freeman History Award. He lives in Orangeburg, South Carolina.