Supreme Court Ruling on Health Care

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Sorry it wasn’t the corporations TAKING, it was the GOVERNMENT declaring that a private corporation could use eminent domain. Had the government not allowed this it would not have happened.

Aside from that Kelo is one of the worst of SCOTUS’s history. Did you know the developer went bankrupt, left town and Mrs Kelo’s house still stands?

Again you mistake the role of GOVERNMENT in forcing people to give up their property. Cannot be done directly by a private company

LIsa
It was also government regulation (mark to market rule) that instantly made solvent lending institutions insolvent and destroyed the credit markets in a few short weeks. Except for the auto makers (and they should have been allowed to fail) the entire economic crisis could have been avoided without a tax dollar being spent if the FDIC and the SEC had simply changed their rule - but instead they decided to destroy the country in a power grab.

slate.com/articles/business/moneybox/2008/04/the_marktomarket_melee.html
 
Hmmm, it looks like the corporation wasn’t the one actually taking things. Emminent doman laws fall into the public sector, hence, why the CITY, and not the CORPORATION were named in the suit.
Obviously, that is pointless. They were seizing the property to give to a developer. If you look further. You’ll see the same scenario playing out all over the country.
 
Sorry it wasn’t the corporations TAKING, it was the GOVERNMENT declaring that a private corporation could use eminent domain. Had the government not allowed this it would not have happened.

Aside from that Kelo is one of the worst of SCOTUS’s history. Did you know the developer went bankrupt, left town and Mrs Kelo’s house still stands?

Again you mistake the role of GOVERNMENT in forcing people to give up their property. Cannot be done directly by a private company

LIsa
Lisa please see above.

Sooner or later, you are going to have to face up to the fact. Your on the wrong side.
 
Lisa please see above.

Sooner or later, you are going to have to face up to the fact. Your on the wrong side.
Nope I used to be on the side of darkness…then I grew up. I highly recommend it! You know the phrase…when I was a child I spoke as a child. But I’ve put away childish things including leftism.

Hope you see the light someday.
Lisa
 
Nope I used to be on the side of darkness…then I grew up. I highly recommend it! You know the phrase…when I was a child I spoke as a child. But I’ve put away childish things including leftism.

Hope you see the light someday.
Lisa
Ditto! 👍
 
Better than giving to the government. Privitation leads to alot more jobs.
Actually, the government can sell all its land and other operations to the privates to balance its budget that way. But that wouldn’t necessarily lead to more jobs. Just saying.
 
Obviously, that is pointless. They were seizing the property to give to a developer. If you look further. You’ll see the same scenario playing out all over the country.
You continue to persist in blaming the corporation which was simply taking advantage of government power. How is government seizing property to give to a developer “privatization.”

The same scenario is NOT playing out over the country. People were so horrified and disgusted by Kelo that it would be very difficult to support the same type of action. This was made even worse by the reality that the developer disappeared so instead of the pot of gold the government was left with egg on face.

Now if you want to discuss MORE government seizing of assets, let’s talk about taking taxpayer money to give to the UAW to prop up Government Motors, Solyndra, et al. That is hardly an example of privatization but a perfect example of how government messes up virtually everything it does. And you want them to have more power and money?

You worship a false god if you have such faith in government.
Lisa
 
And you want them to have more power and money?
The government has all the power it needs simply by the ability to print trillions of dollars which are currently accepted all over the world. (It doesn’t even have to tax.) You, I, and corporations can’t print it but so far Bernanke hasn’t printed any for you or me. He’s done very well for the investment bankers and even the big AIG insurance holding company. And AFAIK two trillion is still sitting with the 12 member banks and counted against our deficit.
 
The government has all the power it needs simply by the ability to print trillions of dollars and currently it is accepted all over the world. (It doesn’t even have to tax.) You, I, and corporations can’t print it but so far Bernanke hasn’t printed any for you or me. He’s done very well for the investment bankers and even the big AIG insurance holding company. And AFAIK two trillion is still sitting with the 12 member banks and counted against our deficit.
And it seems BerBANKe is talking about printing trillions more.

Everyone get ready for $5/gal gasoline, and $3 eggs.👍

Me either Romney gets it in November, or I’m packing my bags as soon as I graduate, pay off my debt and save my money.
 
And it seems BerBANKe is talking about printing trillions more.

Everyone get ready for $5/gal gasoline, and $3 eggs.👍

Me either Romney gets it in November, or I’m packing my bags as soon as I graduate, pay off my debt and save my money.
Romney was the only Republican candidate AFAIK who approves of Bernanke. He’s going to make the same mistake Bush and Obama made by (re)nominating BB as Chairman of the Fed.

As far as I’m concerned BB can at least share (he was also behind Greenspan’s 1% loose money policy) the blame for rising healthcare costs over the last 10 years, costs which were conveniently hidden from or downplayed in the CPU numbers.
 
Romney was the only Republican candidate AFAIK who approves of Bernanke. He’s going to make the same mistake Bush and Obama made by (re)nominating BB as Chairman of the Fed.

As far as I’m concerned BB can at least share (he was also behind Greenspan’s 1% loose money policy) the blame for rising healthcare costs over the last 10 years, costs which were conveniently hidden from or downplayed in the CPU numbers.
I sadly agree, we need a Paul Volker-like Chairman who will raise interest rates to kill off the inflation.
 
Good luck in trying to find a consensus to determine that 85% which the CBO will find acceptable.
CBO does not decide whether ObamaTax can be repealed or not. That was indirectly decided by the Supreme court who declared ObamaTax a tax which means it can be repealed through budget reconciliation
 
Poll: Majority of Voters Believe ‘Obamacare’ Is a Tax
A majority of voters say that Democrats’ signature health reform law is a tax hike, according to a national poll from Quinnipiac University released on Thursday.
More than half of those polled, 55 percent, say that the law is a tax increase, while 36 percent say it is not.
The Supreme Court in June ruled that the law’s insurance requirement was constitutional under Congress’s taxing power. Since then, Republicans have hammered home the point that the law increases Americans’ taxes, although Democrats have argued that it is more accurately a penalty.
While most voters see the Affordable Care Act as a tax, they are closely split over the Supreme Court’s decision upholding the law. Forty-eight percent of voters agree with the Court’s ruling, and 45 percent disagree. Voters are more certain that Congress should repeal the law, with 49 percent backing repeal and 43 percent opposed
“President Barack Obama has worked mightily to avoid the ‘T’ word, but most American voters say the ACA is in effect a tax hike,” said Peter Brown, assistant director of the Quinnipiac University Polling Institute, in a statement
“The big question is whether the Republicans can sell the idea to voters that the president’s Affordable Care Act breaks his promise not to raise taxes on those who make less than $250,000. That’s why what voters believe on this issue matters”
The poll surveyed 2,722 registered voters from July 1-8, with a margin of error of plus or minus 1.9 percentage points
nationaljournal.com/healthcare/poll-majority-of-voters-believe-obamacare-is-a-tax-20120712
 
You continue to persist in blaming the corporation which was simply taking advantage of government power. How is government seizing property to give to a developer “privatization.”

The same scenario is NOT playing out over the country. People were so horrified and disgusted by Kelo that it would be very difficult to support the same type of action. This was made even worse by the reality that the developer disappeared so instead of the pot of gold the government was left with egg on face.

Now if you want to discuss MORE government seizing of assets, let’s talk about taking taxpayer money to give to the UAW to prop up Government Motors, Solyndra, et al. That is hardly an example of privatization but a perfect example of how government messes up virtually everything it does. And you want them to have more power and money?

You worship a false god if you have such faith in government.
Lisa
Lisa, I guess you didn’t read the Chicago Tribune article.

The conversation had centered on the selling off of public property and enterprise. Then the statement was made. “Corporations don’t take from people.” Obviously, that is not accurate. But, more importantly. The push of private corporations to displace Public interest in favor of their own. Has intensified, post 2008. Almost like they had planned for this. To say Kelo v New London, is not a sign of privitazation. :rolleyes: I hope your not that naive.

By the way, General Motors, and my friends, and family, are doing fine. Thanks for thinking about them.🙂
 
CBO does not decide whether ObamaTax can be repealed or not. That was indirectly decided by the Supreme court who declared ObamaTax a tax which means it can be repealed through budget reconciliation
Abyssinia, the CBOs opinion carries a lot of weight.😉
 
Lisa, I guess you didn’t read the Chicago Tribune article.

The conversation had centered on the selling off of public property and enterprise. Then the statement was made. “Corporations don’t take from people.” Obviously, that is not accurate. But, more importantly. The push of private corporations to displace Public interest in favor of their own. Has intensified, post 2008. Almost like they had planned for this. To say Kelo v New London, is not a sign of privitazation. :rolleyes: I hope your not that naive.

By the way, General Motors, and my friends, and family, are doing fine. Thanks for thinking about them.🙂
General Motors is “alive” only because of Obama’s pandering to the UAW. It should have gone bankrupt as did major airlines. THat would have allowed a restructuring, including the demise of the sugar cookie contracts of the UAW. Since Obama was paying off yet another group of cronies, he couldn’t allow it and took taxpayer money to keep the UAW happy. GM is “taking” our money only with the government’s power to tax and spend, not because GM took the funds from the citizens of America. This is not private enterprise.

You have provided not one bit of evidence that corporations are taking from the public…without the might of the government behind them. The whole concept is utterly ridiculous. Nor have you provided the slightest bit of evidence that the government forcing one owner to sell property to another owner is “privatization.” Without the government force the transaction would not have occurred. It would have taken a willing buyer and seller to have a valid contract. Mrs Kelo was clearly not willing and was forced to part with her property.

Finally this has nothing to do with the thread so this is my last foray down your rabbit trail.

Lisa
 
CBO does not decide whether ObamaTax can be repealed or not. That was indirectly decided by the Supreme court who declared ObamaTax a tax which means it can be repealed through budget reconciliation
Not that simply. Bush’s tax cuts were passed through reconciliation but with a stipulation – that they expire after a certain length of time, in that case 10 years. So they’re going to have to be creative. Personally I would like them to repeal that 10% floor (currently at 7.5%) on medical deductions. This is a tax increase on the middle class and would probably affect more than the mandate tax.

But more to the point it seems Ryan has conceded the entire bill can’t be repealed through the reconciliation process.
 
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