patient protection and affordable care act
Here are this week's need-to-know facts about the stock market, economy, Wall Street, and life-changing global events...
It's the numbers that count in this crazy world. They can tell stories that words sometimes can't.
Here's a look at some of the fascinating, infuriating, amusing, depressing, and altogether important numbers that the world has put up on the board recently - and why you need to know them.
Fight Club: Is Healthcare (aka Obamacare) a Right?
The always vocal, usually incorrect and always extremely left Congresswoman Sheila Jackson Leerecently said:
"Healthcare is a right! It should be in the Constitution. Although it was not listed per se in the Constitution, it should be!"
Many who support Obamacare think socialized medicine is a right.
I tuned in to a national television show to see how she would defend her silly dribble, not surprisingly she was a no show!
My short answer to her and my opponent this week: "What a load of crap!I don't believe anything tangible can be a right." And neither should you!
Healthcare is a tangible item, like a house, a car or a wide screen TV.
Just to clear up any doubt: You are invited to read my cliff notes on the Constitution below but it would be better if you took the time to read them in their entirety.
It had been awhile since I read the Bill of Rights, I had forgotten how rich with human spirit they are!
Why the Obamacare Law Can't Stop Soaring Healthcare Costs
One of the many promises of the Obamacare law was that it would help reduce out-of-control healthcare costs.
But as we get closer to the full implementation of the Affordable Care Act in January 2014, it's becoming increasingly clear that the law will do little to lower what healthcare providers charge.
Basically, the Obamacare law focuses mostly on who will pay and how they pay - the insurance side of the equation - rather than why costs are so high and rise much faster than the overall inflation rate.
Journalist Steven Brill, who wrote an exhaustive piece on this topic for the March issue of Time magazine, was blunt as he broke the bad news personally last week to the Senate Finance Committee at a hearing to determine if adding transparency to the pricing of healthcare services could help control costs.
"[Transparency] starts the conversation about prices that we didn't have in the debate over Obamacare. It's only a start," Brill said. "Obamacare does nothing about these prices. Nothing to solve the problem - Zero."