Medicare

Restoring The Republic III – Curing The Sickness Known As Healthcare

Don’t get me wrong. I like O-Care about as much as I like getting a prostate exam. The bill is typical of unthinking, boilerplate socialism’s response to the negative externalities that result from market failure. We should therefore trash Obamacare, but let’s just make that the warm-up set. The real heavy lifting required to fix our healthcare system involves addressing the causes of a market failure so catastrophic that something as obviously stupid as Obamacare seemed like a palatable solution.

Karl Denninger explains why poor people often can’t afford health insurance. The care provided is so badly overpriced that health plans are paying out more vastly more than the goods and services provided can possibly be worth. He describes the price mark-up of a common chemotherapy drug below.

Medicare Fraud Costs Trump Sequester Cuts By Over $100 Billion

Have any of the liberal journalists who have bellyached over the sequester's supposedly draconian cuts -- which amount to a mere $44 billion -- considered that it pales in comparison to the amount of money that Medicare fraud costs the taxpayer every year?

That would be as much as $300 billion a year, or three times what the U.S. government spends on education, as Chris Parker of the Houston Press noted in an April 25 story:

Given how often such blatant thievery goes undetected, no one's sure how much fraud there really is. Conservative estimates place the bill at $100 billion annually. The more adventurous peg the figure closer to $300 billion — three times what the feds spend on education.

It has left federal health care little more than an unlocked home, where street punks and gangsters, doctors and even states walk right in and help themselves to whatever's inside.

Parker also observed that some people who were involved in Medicare fraud look mighty familiar, like Democratic Rep. Shelia Jackson Lee of Texas.  Houston Riverside General Hospital, the medical center she vouched for after it was hit with cuts, was found to have committed $116 million dollars in Medicare fraud – and her husband, Elwyn Lee, was once on the board.  

Medicare malfeasance is, alas, a bipartisan fiasco. Florida Governor Rick Scott (R), you may recall, was CEO of a hospital company that also has engaged in felonious Medicare transactions.

While liberal journalists like E.J. Dionne have been squawking about how disastrous the sequester cuts -- in truth they are actually reductions in the rate of spending --are, the fact of the matter is they are a drop in the federal budget bucket, and are significantly less than money we as taxpayers lose every year thanks to fraud in Medicare, a program which needs fundamental reform to prevent insolvency in a few decades time.

Medicare Fraud Costs Trump Sequester Cuts By Over $100 Billion

Have any of the liberal journalists who have bellyached over the sequester's supposedly draconian cuts -- which amount to a mere $44 billion -- considered that it pales in comparison to the amount of money that Medicare fraud costs the taxpayer every year?

That would be as much as $300 billion a year, or three times what the U.S. government spends on education, as Chris Parker of the Houston Press noted in an April 25 story:

Given how often such blatant thievery goes undetected, no one's sure how much fraud there really is. Conservative estimates place the bill at $100 billion annually. The more adventurous peg the figure closer to $300 billion — three times what the feds spend on education.

It has left federal health care little more than an unlocked home, where street punks and gangsters, doctors and even states walk right in and help themselves to whatever's inside.

Parker also observed that some people who were involved in Medicare fraud look mighty familiar, like Democratic Rep. Shelia Jackson Lee of Texas.  Houston Riverside General Hospital, the medical center she vouched for after it was hit with cuts, was found to have committed $116 million dollars in Medicare fraud – and her husband, Elwyn Lee, was once on the board.  

Medicare malfeasance is, alas, a bipartisan fiasco. Florida Governor Rick Scott (R), you may recall, was CEO of a hospital company that also has engaged in felonious Medicare transactions.

While liberal journalists like E.J. Dionne have been squawking about how disastrous the sequester cuts -- in truth they are actually reductions in the rate of spending --are, the fact of the matter is they are a drop in the federal budget bucket, and are significantly less than money we as taxpayers lose every year thanks to fraud in Medicare, a program which needs fundamental reform to prevent insolvency in a few decades time.

Austerity Cuts vs. Real Entitlement Reform

In his latest attempt to cajole Republicans into raising taxes, Obama has called for a budget plan that makes some cuts to Medicare providers and subjects Social Security payments to the chained CPI.  John Boehner was correct to reject this ploy of holding entitlement savings hostage for tax increases.  However, he has come close to negotiating such a deal in the past, and there are | Read More »

Krauthammer: Senate Democrats Budget ‘Marches Us Off a Cliff Into Greece and Perhaps Cyprus’

Senate Democrats on Saturday narrowly passed their first budget in four years.

Appearing on PBS's Inside Washington Friday before the vote, syndicated columnist Charles Krauthammer called it "the most appalling document you have ever seen" claiming, "It marches us off a cliff into Greece and perhaps into Cyprus" (video follows with transcript and absolutely no need for additional commentary):

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Krauthammer: Senate Democrats Budget ‘Marches Us Off a Cliff Into Greece and Perhaps Cyprus’

Senate Democrats on Saturday narrowly passed their first budget in four years.

Appearing on PBS's Inside Washington Friday before the vote, syndicated columnist Charles Krauthammer called it "the most appalling document you have ever seen" claiming, "It marches us off a cliff into Greece and perhaps into Cyprus" (video follows with transcript and absolutely no need for additional commentary):

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Poll Shows Democrats Skeptical of ObamaCare; Media Mostly Silent

On March 20, the Washington Examiner’s Philip Klein reported that it seems Obamacare’s true costs are starting to sink in with its most ardent supporters: Democrats.  Despite years of the liberal media reporting that this new trillion dollar health care entitlement will save money over the next decade, that outcome is, to be generous, highly dubious, especially with the possibility of eleven million new illegals being able to apply for health care benefits, the cost of health care will have to increase. 

Klein wrote:

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Poll Shows Democrats Skeptical of ObamaCare; Media Mostly Silent

On March 20, the Washington Examiner’s Philip Klein reported that it seems Obamacare’s true costs are starting to sink in with its most ardent supporters: Democrats.  Despite years of the liberal media reporting that this new trillion dollar health care entitlement will save money over the next decade, that outcome is, to be generous, highly dubious, especially with the possibility of eleven million new illegals being able to apply for health care benefits, the cost of health care will have to increase. 

Klein wrote:

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Scarborough Smacks Down Krugman For Pompously Behaving Like a Sighing Al Gore

As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening.

Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):

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Krugman: Quoting What I Said in the Past Is an Ad Hominem Attack

New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening.

At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

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Let us kill the Medicare ‘doc fix.’

Background: the ‘doc fix’ is one of those things that happens in Dizzy City with alarming regularity. Basically, it was set up in order to control Medicare costs by linking Medicare subsidies to doctors to annual growth; if costs rose too high, Medicare payments to doctors would shrink. Nice feedback loop – only thing is, the first year it was supposed to come into effect | Read More »

Huffington Post Shocker: ‘How Obama’s Politics Led to Sequestration’

For conservatives, it's been truly delicious the past few weeks watching previously devote Obamaites break ranks with their colleagues to finally tell the world that the emperor has no clothes.

A fine example Monday was the perilously liberal economist and media darling Jeffrey Sachs who published an article at the Huffington Post with the headline "How Obama's Politics Led to Sequestration":

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Time Executive Editor: ‘We’re All Welfare Queens’ and ‘Socialists From the Day We’re Born’

"We're all socialists from the day we're born. You know, you don't have to be poor or unemployed to be on Welfare. We're all at the trough. We're all Welfare queens."

So said TIME magazine executive editor Michael Duffy on the syndicated Chris Matthews Show Sunday (video follows with transcript and commentary):

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MSNBC’s Morning Joe Takes The Side Of The White House Against Woodward

Bob Woodward is a legend in modern journalism, especially for fellow liberal reporters. But that all is for naught now that Woodward has committed the cardinal sin of criticizing the White House for an operative's use of what apparently is a fairly common tactic: a harsh bullying of the press in order to demand even more favorable coverage than the Obama-friendly press already lavishes on Team Obama.  It centers on Woodward reporting that sequestration was the White House's idea.  This morning Matt Lauer, on the Today Show, questioned Woodward's judgement, saying "I'm a little surprised you've gone public with this."  Even, the New York Times offered no refuge for Woodward.

He isn’t the only one.  Clinton operative and op-ed columnist Lanny Davis has received similar treatment, and veteran White House reporter Ron Fournier at National Journal also reported threatening emails and calls. But in today’s broadcast of Morning Joe, co-host Mika Brzezinski decided to give deference to Obama acolyte David Axelrod’s days as a journalist for the Chicago Tribune in order to portray Woodward as going over the line in his reporting on Gene Sperling's harassment:

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David Brooks Labels Republicans As ‘Mindless Anti-Government Fanatics’

Faux conservative David Brooks of the New York Times used his Friday appearance with Mark Shields on the PBS NewsHour to bash Republicans over sequestration, comparing GOP tactics in dealing with spending to a trite circus act.  Either Mr. Brooks forgot that sequestration was the president’s idea or doesn't care about facts getting in the way of cozying up to his liberal media buddies.  Even liberal Democratic Sen. Max Baucus (Montana) admitted to that, and it’s explicitly mentioned that sequestration was the White House’s idea in Bob Woodward’s new book about the 2011 debt ceiling fiasco.  

Shields piggybacked off of Brooks’ remarks, and said that the GOP’s fallback position is blaming the president, as if Obama is blameless in this dismal situation.

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In Shift, NY Times Embraces ‘Moral Dimension’ Provided by Bishops — at Least for Expanding Obama-Care

Friday's lead New York Times story celebrated "G.O.P. Governors Providing a Lift For Health Law." The most notable convert: Florida Gov. Rick Scott, who reversed his position this week and announced his support for expanding Medicaid.

The Times' Abby Goodnough and Robert Pear credited Scott for the embrace of Obama-care (via "proponents" who "say that doing so will not only save lives, but also create jobs and stimulate the economy") and also found a convenient "moral dimension" in the call by Catholic bishops to expand the Medicaid program, a dimension the paper never found when the Church was opposing the Obama-care requirement that religion institutions provide contraception coverage.

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Buzzfeed’s Ben Smith: ‘Obama Prepares To Screw His (Young) Base’ — As If It Hasn’t Been Happening for Years

Buzzfeed's Ben Smith, who used to toil at Politico, must be blind in one eye and can't see out of the other.

In what appears to be a sudden revelation in his column ("Obama Prepares To Screw His Base") on ObamaCare's harsh treatment of young people, Smith notes how they "will pay disproportionately for ObamaCare." What this really represents is something which alarmed those who studied the bill both before and after its passage in March 2010. In other words, people who follow these things closely have known about this situation for years. But course, it has fallen on deaf, deliberately ignorant, or deliberately negligent establishment press ears. Thus, most low-information voters don't know what's coming. Beyond that, Smith acts as if the Obama administration hasn't been shafting young people ever since Barack Obama took his first oath of office in January 2009, when it has been doing so in a variety of ways on a daily basis. Excerpts from Smith's somnambulance, wherein he actually tries to blame Sarah Palin for what's coming, follow the jump (bolds are mine throughout this post):

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Evan Thomas Slams Paul Krugman on PBS’s ‘Inside Washington’

Despite his awful track record and penchant for making stuff up when it fits his agenda, New York Times columnist Paul Krugman is one of the liberal media's most beloved economic darlings.

That's why it was quite a shock to see former Newsweek editor Evan Thomas slam him on PBS's Inside Washington Friday (video follows with transcript and commentary):

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Rick Santelli Responds to Negative GDP Report: ‘We Are Now Europe’

Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year.

"We are now Europe," he declared on CNBC's Squawk Box.

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Rick Santelli Responds to Negative GDP Report: ‘We Are Now Europe’

Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year.

"We are now Europe," he declared on CNBC's Squawk Box.

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To AP’s Taylor, Congress’s Ratings Are ‘in the Gutter,’ and Harry Reid Is a ‘Traditionalist’

An emailer who is a retired journalist wrote to me today about a January 27 Associated Press item by Andrew Taylor presented as an objective news report, calling it "Appalling ... the worst ever." If it's not, it's pretty close, though I'm not sure how any report on a single congressional action can top the comprehensive slop seen in the June 2008 classic titled, "Everything Seemingly Is Spinning Out of Control." Readers visit that linked article at their peril.

The AP report concerns the "no budget, no pay" provision added to the bill the House recently passed to increase the government's borrowing cap. Taylor's travesty reeks of contempt and imbalance. Several paragraphs follow the jump (bolds and numbered tags are mine):

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Paul Ryan: ‘If We Had a Clinton Presidency, We Would Have Fixed This Fiscal Mess By Now’

Congressman Paul Ryan (R-Wisc.) made a comment on NBC's Meet the Press Sunday that is guaranteed to raise eyebrows on both sides of the aisle.

"If we had a Clinton presidency, if we had Erskine Bowles chief-of-staff at the White House, or President of the United States, I think we would have fixed this fiscal mess by now. That's not the kind of presidency we're dealing with right now."

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Paul Ryan: ‘If We Had a Clinton Presidency, We Would Have Fixed This Fiscal Mess By Now’

Congressman Paul Ryan (R-Wisc.) made a comment on NBC's Meet the Press Sunday that is guaranteed to raise eyebrows on both sides of the aisle.

"If we had a Clinton presidency, if we had Erskine Bowles chief-of-staff at the White House, or President of the United States, I think we would have fixed this fiscal mess by now. That's not the kind of presidency we're dealing with right now."

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Maher Shockingly Blasts ‘Takers’: ‘We Have 23.5% Dirt Bags In America’

Stop the presses! Stop the presses! Bill Maher on Friday actually said something well-reasoned and intelligent that conservatives - including members of the Tea Party - might agree with.

"We have 23.5 percent dirt bags in America," the HBO Real Time host surprisingly said. "It just seems like there’s less people pulling the wagon and more people in the wagon, and at some point the wagon is going to break" (video follows with transcript and commentary):

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PBS Panelists Call Obama’s Inaugural Address ‘Humanitarian’ Rather Than Liberal

During PBS’ coverage of the 2013 Inauguration, syndicated columnist Mark Shields, Gwen Ifill, and Yale University’s Beverly Gage seemed to have forgotten what the definition of liberal is within the context of Obama’s second inaugural address.  In fact, Gage said that this wasn’t an “endorsement of collective liberalism,” and Shields called it more “humanitarian.” 

The non-taxpayer subsidized liberal media has been more honest. Today’s New York Times said Obama offered a “liberal vision.”  Slate’s John Dickerson, who infamously called for Obama to destroy the GOP, called the 44th president’s address “a liberal love letter.”  ABC finally figured out that Obama is a progressive liberal.

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Politico’s Carrie Budoff Brown: Obama Has ‘Conflicted Relationship With Entitlement Reform’

For four years (and really going back further when you consider former President George W. Bush's halting attempt to reform Social Security in the middle of last decade), Barack Obama and his party have paid lip service at best to the idea of entitlement reform while refusing to provide any specifics about what they would do to fix Social Security and Medicare, both of which are unsustainable in their current forms. Obama rejected his own Simpson Bowles commission's recommendations. Democrats have treated serious proposals coming from Republicans as grannycide.

Yet the Politico's Carrie Budoff Brown, who must be gaining strength in her arms and shoulders from all of her water-carrying for Obama and his party, wants us to believe that Obama has a "deeply conflicted relationship with entitlement reform." And in case you missed it (I certainly did), Obama has tried "harder than any other Democratic president to tackle the issue" (no Democratic Party president has "tried hard" to tackle the issue). Several paragraphs from her Tuesday dispatch follow the jump (bolds are mine):

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NYT’s Backhanded Compliment for AZ Gov. Brewer: ‘Compassionate…Not a Word Often Used to Describe Her’

New York Times Phoenix bureau chief Fernanda Santos reported Sunday on Arizona Gov. Jan Brewer's controversial action to expand Medicaid in Arizona, in a story full of labeling bias and a denigrating description of the supposedly uncompassionate governor: "Medicaid Expansion Is Delicate Maneuver for Arizona's Republican Governor." (Previously, Santos has advocated for Arizona's illegal immigrants cowering in "the shadows.")

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NYT’s Backhanded Compliment for AZ Gov. Brewer: ‘Compassionate…Not a Word Often Used to Describe Her’

New York Times Phoenix bureau chief Fernanda Santos reported Sunday on Arizona Gov. Jan Brewer's controversial action to expand Medicaid in Arizona, in a story full of labeling bias and a denigrating description of the supposedly uncompassionate governor: "Medicaid Expansion Is Delicate Maneuver for Arizona's Republican Governor." (Previously, Santos has advocated for Arizona's illegal immigrants cowering in "the shadows.")

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George Will: ‘The Journalistic Narrative About Washington Today Is 180 Degrees Wrong’

George Will spoke an inconvenient truth about the media Sunday that should have everyone of its members sitting up and taking notice.

Appearing on ABC’s This Week, Will said, “The journalistic narrative about Washington today is 180 degrees wrong” (video follows with transcript and commentary):

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CNBC’s Jim Cramer: ‘No More Taxes’

“No more tax revenue! None. NONE.”

That was not the cry of a dyed-in-the-wool conservative politician. Rather it was Jim Cramer, CNBC’s own host of “Mad Money,” speaking to the upcoming fight in Washington over the debt ceiling. [See video after the jump]

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