MISH'S
Global Economic
Trend Analysis

Recent Posts

Tuesday, March 16, 2010 11:11 PM


HealthCare Premiums Will Decrease 3000%; Obama Needs Remedial Math Lessons; Ron Paul's Campaign For Liberty vs. Organizing For America ObamaCare


Mish Moved to MishTalk.Com Click to Visit.

Inquiring minds are listening to President Obama proclaim Health Care Premiums Will Decrease 3000%.



Basic Math

While prices of goods and services can rise an infinite amount, the most prices fall is 100%, to zero. Of course bids on a piece of property could turn negative if a toxic waste dump was found on a site. However, Obama is discussing HealthCare, not liabilities associated with toxic waste cleanup.

Assume, you pay $5,000 a year for health insurance. To see a 3000% drop, your healthcare provider would have to pay you $145,000 to take the insurance.

This is not FantasyLand, the Twilight Zone, or Bizarro World where health care has a negative cost and providers pay you to take coverage. Therefore, president Obama is either disingenuous or in serious need of remedial math lessons.

Organizing America

In an Email earlier today, I received an ad for "The Final March For Reform" paid for by Organizing America, touting "This is Day 6: Write Congress."

They even have a sample letter urging you to blast your Congressman urging passage of ObamaCare. Instead, you may wish to click on the above link urging defeat.

Message From Ron Paul: Stop the Health Care Takeover



Finally, if you are against passage of this legislation, please sign Ron Paul's Petition To Stop the Health Care Takeover!

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Last 10 Posts


Copyright 2009 Mike Shedlock. All Rights Reserved.
View My Stats