via Zero Hedge
…insurance costs are soaring for the young. In 45 states and Washington, D.C., young adults will find that their premiums have risen since Obamacare’s implementation, according to an October study by the conservative Heritage Foundation. And in most states, we’re not talking about the kind of slight increases that could be offset by forgoing a couple of lattes a month. Instead, these increases are enough to make young adults squeeze in another roommate — or maybe even move back in with Mom and Dad.
Obamacare requires better coverage than in the past, which also explains the higher premium. But young adults don’t need the added costs. In Arizona, the average monthly premium for a 27-year-old is expected to soar to $261.87 a month, up from $102. It’s the same story in other states, including Georgia (where monthly premiums are increasing by $165), Illinois ($133), Michigan ($138) and Vermont ($216).
Yes We Can…
Hope and Change
Because like any other Ponzi, this
particular welfare programObamacare needs an influx of new registrants, especially young ones, to keep the funding coming in and succeed. Otherwise, not even all central bank chairmen getting to work around the globe creating wealth effects for a few hundred thousand people, or all false-flag, YouTube justified diversionary wars around the world, will do much to deflect attention from how the supposedly crowning achievement of Obama’s two-term presidential career has disintegrated before everyone’s eyes.
…a far deeper problem with Obamacare than the ongoing website debacle, is that the targeted core constituency of Obamacare, young people under 35, are nowhere near the fastest enrolling population group, with that distinction instead going to the oldest group, people 55 and over, which also happens the be the biggest use of funds within Obamacare.From the WSJ:
If we like your healthcare – you might be able to keep it…
The American Homeownership Dream is officially dead. Long live the New Normal American Dream: Renting.” What happened since then is that the American Dream briefly became a full-blown nightmare when in Q3 mortgage rates exploded, pummeling the affordability of housing, and ground any new mortgage-funded transactions to a complete halt (don’t believe us – just ask the tens of thousands of mortgage brokers let go by the TBTF banks in the past 6 months). Which is why it was not at all surprising to find that the just updated Q3 homeownership rate has remained stuck at 65.1%: the lowest since 1995.
Meanwhile – Who’s gonna pay for Obamacare?
Three More Years!
Our technocracy is detached from competence. It’s not the technocracy of engineers, but of “thinkers” who read Malcolm Gladwell and Thomas Friedman and watch TED talks and savor the flavor of competence, without ever imbibing its substance……The Navy had to be cut to the bone and the Benghazi mission had to make do without security so that a Canadian company which began employing a classmate of Michelle Obama’s could score over half a billion to build a broken website. Obama mocked Mitt Romney’s criticism of his Navy cuts by telling him that we don’t fight with bayonets and horses anymore. Bayonets and horses are outdated. In our glorious modernity, we spend fortunes to build websites that don’t work instead.
…Competence is the real modernity and it has very little to do with the empty trappings of design that surround it. In some ways the America of a few generations ago was a far more modern place because it was a more competent place. For all our nice toys, we look like primitive savages compared to men who could build skyscrapers and fleets within a year… and build them well.
I Generally speaking, government always grows — it never shrinks — whether times are good or bad.
II In each area it purports to “assist”, government attempts to replace individual decision-making with central planning.
III In order to implement its grand central plans and solidify its power, government must take from one citizen to give to another; this is, in effect, lawful theft.
IV No matter how many times central planning fails, the self-appointed masterminds in government assert that “this time is different” and that with only a few tweaks and more money, their delusional plans will succeed.
V Because it uses funds confiscated from taxpayers, self-restraint is no obstacle to government’s ambitions.
VI Its fundamental misunderstanding of human nature notwithstanding, government must claim to grant “rights”, which require it steal the labors of one citizen to give to another (such as food, shelter, employment, and health care).
VII No matter how widespread the harm it causes, government will never provide an honest and historical accounting — a report card — of its failures.
VIII As more individuals and families are harmed by the failures of central planning, government must find suitable scapegoats, must lie to do so, and therefore must also repress dissent.
IX In order to build its network of redistribution and grow a culture of dependency on its services, government must inevitably undermine the family unit, religion, and the notion of God-given rights in order to cow, bribe, or intimidate its citizens.
X As government grows ever more powerful, it must also become increasingly oppressive through compulsion and force. To do otherwise would mean government must shrink, and this it cannot do.
And when all else fails – Lie
Via Zero Hedge
…among women, a group President Barack Obama won by 11 points in 2012, just 38 percent think it’s a good idea, while 45 percent do not. That’s down from early October, when most women said the law was a good idea by a 41-39 percent margin.
Among white women, results are even worse. Three weeks ago, they thought it was a bad idea by a 46-36 percent margin. Now a majority say so, at 52-32 percent.
So “women’s health” is more than just free contraceptives and abortions?…
NBC/Bloomberg/Chicago Sun Times
…Obama and many of our journalists were trained in the post-modern academy where they were taught that there is no such thing as moral truth but only culturally inculcated narratives. In such a world, the moral narrative that can be drummed into the head of the populace is the truth that wins. Convincing people that a good has been achieved is the same as achieving it.
“As his record at the time of his original candidacy should have warned us, he has no business in the Oval Office.”
via PJ Media