Tag Archive for medicare

$313 Billion for Health Care Through Medicaid and Medicare Savings

Supreme Soviet News Service ABC has issued this State approved Truth: Calling Medicare and Medicaid “one of the greatest threats to our federal deficit,” President Obama used his weekly address to announce savings in Medicare and Medicaid that the administration said will generate more than $313 billion over 10 years for funding health care reform.…

Place Blame Where It Belongs

Mises’s Stephen Mauzy weighs in on institutionalized Ponzi schemes: The 1960s voting generation seems to have learned a thing or two about the fine art of institutionalized Ponzi schemes from their progenitors. Medicare’s costs doubled every four years between 1966 and 1980. Total Medicare spending reached $440 billion for fiscal year 2007, which was 16% of…

US Authorities Report Demise Of US Imminent

This country is toast. I give it two years tops before the currency detonates. Once the dollar goes, so goes the country. 74 trillion in unfunded Medicare liabilities 10.4 trillion in unfunded Socialist Security liabilities 1.5 quadrillion dollar derivatives market backed entirely by worthless assets Exponential increase of the US money supply in just a…