Obama: UPS and FedEx are doing fine, it's the USPS that sucks

[Mercor]

Quote from insider trading:

BTW,On the rare occasion I have to ship something I use The Postal Service Priority mail

If I could I would trade my current health Ins for Medicaid.My grandfather had private medical ins as part of his retirement package.After a year of pre approvals,tests being denied,co pays,deductibles,maximum daily benefits etc he voluntarily switched to Medicare and was happy with it until he passed

When are you going to learn. We have covered this issue many times with you. Why don't you understand?

Medicare is great now because they have unlimited money to spend. The system takes in more then it spends. But this year it goes upside down and will spend more then it takes in. It is this deficit forecast that is the major scare tactic of Obama when he says the system is broken.

Do you understand the problem now?

 

[insider trading]

Quote from ang_99:

I use USPS to ship also, they are a hell of a lot cheaper than UPS and fedex, but i guess thats why they lose money.

Medicaid is good and does work for the old folks but thats because we pay for it. Which is fine with me, I'll subsizdize the old folks now if in the future I get the same.

They lose money because their main source of revenue was first class letters.People are sending less and less letters every day and there is no going back.I used to go to the post office twice a month to pay bills,I do it all online now.I only go to my mail box once a week now as all messages come to my email.Technology has taken over the need of the post office

 

[insider trading]

Quote from Mercor:

When are you going to learn. We have covered this issue many times with you. Why don't you understand?

Medicare is great now because they have unlimited money to spend. The system takes in more then it spends. But this year it goes upside down and will spend more then it takes in. It is this deficit forecast that is the major scare tactic of Obama when he says the system is broken.

Do you understand the problem now?

Like everything else more money has to go to Medicaid.The price increase to keep Medicaid afloat is less then the price that the private insurance industry raises prices every year

 

[Mercor]

Quote from insider trading:

AT&T was able to switch to different business ventures.Internet service,Cell phone Service ,other wireless services

The post office cant just switch to different business ventures,the main purpose of the post office is mail service

No reason the post office couldn't have started overnight deliveries instead of fed ex.

No reason the post office could not have started electronic mail , wire transfers.

This is why the Government does not innovate, there is no incentive

This is why you see very few new medical advancements from Government controlled heath care systems

 

[insider trading]

Quote from bugscoe:

And the best President in the world can't help that he just threw the gov under the bus in trying to sell gov run health care.

He is not trying to sell "gov run health care".He is trying to offer every American who is being screwed over by the Private health insurers the ability to buy into what is basically Medicaid

Medicaid is not "Gov run health care".

 

[insider trading]

Quote from Mercor:

No reason the post office couldn't have started overnight deliveries instead of fed ex.

No reason the post office could not have started electronic mail , wire transfers.

This is why the Government does not innovate, there is no incentive

This is why you see very few new medical advancements from Government controlled heath care systems

I agree private industry is better then the government for innovation.The problem with todays health care system is the private health insurance industry and they don't really innovate anything.The innovators sell to both Medicare patients and private ins patients

 

[John_Wensink]

There is zero innovation by these gov't run entities, you cannot fire or layoff people and there is no incentive to work hard.
There is an endless supply of money available to burn and that's exactly what this bullshit healthcare system will be.

No money will be saved, it will become this digusting bloated gov't agency, healthcare will be terrible and we will all suffer for it. And once you give something like this to the stupid f+cks who think it's free you cannot take it back.

The USPS loses 20 million dollars a day everyday. How much do you think universal healthcare is going to cost?

Here is a list of obamas estimates

Deficits of $1.8 trillion this year and $1.3 trillion in 2010, as predicted by the White House, would add to the federal debt. The current $11.7 trillion debt already equals about $38,500 for every U.S. resident. The recession, now in its postwar-record 21st month, has dealt a worse blow to the budget than the administration expected:

• The economy is set to shrink by 2.6% this year, more than twice what the White House predicted in February and May.

• As a result, tax revenue is down by $353 billion over 10 months, which is about what the White House thought it would lose for the entire year.

• Unemployment, projected at 8.1% this year by the White House, was 9.4% in July. Spending for jobless benefits, Medicaid and Medicare has soared as people have lost work and health insurance. Jobless benefits are costing more than twice what was spent last year.

Quote from insider trading:

AT&T was able to switch to different business ventures.Internet service,Cell phone Service ,other wireless services

The post office cant just switch to different business ventures,the main purpose of the post office is mail service

 

[Dr. Zhivodka]

What are you talking about? Billy Tauzin just innovated himself a $1million per year raise.

Quote from insider trading:

The problem with todays health care system is the private health insurance industry and they don't really innovate anything.The innovators sell to both Medicare patients and private ins patients

 

[insider trading]

Quote from John_Wensink:

There is zero innovation by these gov't run entities, you cannot fire or layoff people and there is no incentive to work hard.
There is an endless supply of money available to burn and that's exactly what this bullshit healthcare system will be.

No money will be saved, it will become this digusting bloated gov't agency, healthcare will be terrible and we will all suffer for it. And once you give something like this to the stupid f+cks who think it's free you cannot take it back.

The USPS loses 20 million dollars a day everyday. How much do you think universal healthcare is going to cost?

Here is a list of obamas estimates

Deficits of $1.8 trillion this year and $1.3 trillion in 2010, as predicted by the White House, would add to the federal debt. The current $11.7 trillion debt already equals about $38,500 for every U.S. resident. The recession, now in its postwar-record 21st month, has dealt a worse blow to the budget than the administration expected:

• The economy is set to shrink by 2.6% this year, more than twice what the White House predicted in February and May.

• As a result, tax revenue is down by $353 billion over 10 months, which is about what the White House thought it would lose for the entire year.

• Unemployment, projected at 8.1% this year by the White House, was 9.4% in July. Spending for jobless benefits, Medicaid and Medicare has soared as people have lost work and health insurance. Jobless benefits are costing more than twice what was spent last year.

Obamas health care plan is to make what is basically Medicaid available to every American


Medicaid and Medicare are very good programs.The price increase to keep Medicaid afloat is less then the price increase that private insurers raise prices every year

Medicaid is so good that the private insurance industry knows Americans will leave in droves to switch to the Medicaid program,which is why they are fighting it with everything they have

 

[insider trading]

Quote from Dr. Zhivodka:

What are you talking about? Billy Tauzin just innovated himself a $1million per year raise.

Thats nothing compared to the top dogs of the private insurance companies though