Obamacare failures keep mounting!!! And these co-ops PAID no taxes!!!

[healthmyths]

Classic illustration!
This pompous anti-capitalist President PROMISING lower costs by competing with those evil, profit-driven capitalists!
Isn't just hilarious! These same wonderful people oriented co-ops FUNDEd with $2 billion of taxes paid some by from taxes paid by these EVIL profit making companies...FAILED!

Perfect example of how these ignorant people think the world runs on what????

Not so, Richard Pollock of the Daily Caller News Foundation’s Investigative Group. Pollock has filed dozens of stories about the Obamacare co-ops since 23 of the tax-funded groups were created in 2011 at a cost of $2 billion.
President Obama promised the co-ops would help lower medical costs by competing with profit-driven private companies.

Read more: CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About
None of these dismal developments come as a surprise to those following Pollock’s byline for the past four years. Here are a dozen of his most significant co-op stories, some of which were reported when he worked for the Washington Examiner.

• One third of Obamacare co-ops have failed.
• New York’s Obamacare co-op drew the most consumer complaints.
• Feds admit more Obamacare co-op failures are coming.
• Obamacare co-op execs hid millions in lavish pay, consulting fees.
• House panel says Obamacare co-op illegally diverted $25 million.
• ‘Luxurious’ funding lets Obamacare co-ops undercut commercial rivals.
• Obamacare co-ops mostly not ready for opening day.
• Four investigations of Obamacare co-ops.
• Obamacare’s Louisiana co-op riddled with self-dealing, conflicts of interest.
• Groups led by insider trader, child abuser got Obamacare co-op loans.
• Obama political ally got $340 million Obamacare co-op loan.
• Obamacare co-ops being formed behind closed doors.

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

 

[healthmyths]

Evil profit makers. How in the hell do these ignorant pompous pious people think the government runs?
Profit making companies hire people. Spend money. Make a profit. Taxed by governments. Distributes left over profits as dividends. Which are taxed again!
But those pure non-profits... oh they are so pious. So compassionate!
While you may be scrambling to make your annual charitable contributions, nonprofit executive compensation is rising faster than inflation, though not by much. Median pay for executives at the largest charities and foundations increased 3.8 percent in 2011 to $429,512, according to a September report from the Chronicle of Philanthropy, whereas the inflation rate was about 3 percent during the year.

More from the Fiscal Times:
- 10 Insanely Overpaid Public Employees
- 10 Insanely Overpaid Public College Presidents
- 7 Places Where the Wealthy Hide Their Money

In 2010, one-third of nonprofits surveyed provided bonuses to their well-paid executives, and the median bonus was over $50,000. This year, top executives are expected to receive modest increases, from 2.5 to 3.5 percent. But when you’re making what the highest-paid executive on our list does -- $2.5 million a year -- that’s a decent raise. More than 20 nonprofit groups paid top executives more than $1 million a year in 2010 and 2011, according to the report.
The rising nonprofit salaries prompted New York Gov. Andrew Cuomo to issue an executive order in May that limits some charities from using state funds to pay salaries of more than $199,000. Other states, such as New Jersey, Florida and Massachusetts, have also made efforts to curb nonprofit executive pay.

10 Insanely Overpaid Nonprofit Execs

And remember THESE NON-Profits pay NO taxes!!!

 

[Arianrhod]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

 

[Conservative65]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

Should we accept your word for it that they aren't true?

 

[Arianrhod]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

Should we accept your word for it that they aren't true?

Take my word for the fact that there are already two threads on the co-ops?

 

[healthmyths]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

I didn't say it.. Read more: CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

 

[Conservative65]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

Should we accept your word for it that they aren't true?

Take my word for the fact that there are already two threads on the co-ops?

I didn't get the answer for which I asked but a type of answer that I expected.

 

[healthmyths]

CO-OP FLOP: The Biggest Obamacare Disaster You’ve Never Heard About

Not true. There are two threads on the subject.

Should we accept your word for it that they aren't true?

Take my word for the fact that there are already two threads on the co-ops?

Prove it because I never said "You've never heard about"... that was the exact phrase used by the link.
So show the two other threads. Should be easy to do for someone who makes the accusation.

 

[Greenbeard]

Classic illustration!
This pompous anti-capitalist President PROMISING lower costs by competing with those evil, profit-driven capitalists!

You're building a case against competition?

 

[healthmyths]

Classic illustration!
This pompous anti-capitalist President PROMISING lower costs by competing with those evil, profit-driven capitalists!

You're building a case against competition?

I'm stating the very obvious to most people except idiots that agree with Obama:
"Somebody invested in roads and bridges. If you've got a business—you didn't build that. Somebody else made that happen."
Except how do you and Obama explain the lack of "investment" by non-profits,i.e. pay no TAXES to build the roads,bridges?
You didn't build that - Wikipedia, the free encyclopedia

This is why when idiots like Obama and obviously you with NO idea of how businesses work that actually pay for these roads and bridges!

Non-profits pay no taxes BUT they still get to use the roads and bridges.

 

[Maryland Patriot]

Classic illustration!
This pompous anti-capitalist President PROMISING lower costs by competing with those evil, profit-driven capitalists!

You're building a case against competition?

I don't think that's the point, however it could be making a point on the value of reading comprehension based on a lack thereof by various forum members.

 

[Greenbeard]

I don't think that's the point, however it could be making a point on the value of reading comprehension based on a lack thereof by various forum members.

Point seems to be that fostering competition and new market entrants was a fool's errand.

Perhaps! But if so, that's a pretty alarming finding with some pretty big implications for that sector.

 

[healthmyths]

Classic illustration!
This pompous anti-capitalist President PROMISING lower costs by competing with those evil, profit-driven capitalists!

You're building a case against competition?

I don't think that's the point, however it could be making a point on the value of reading comprehension based on a lack thereof by various forum members.

Actually the issue is most of the forum members read ONLY the headlines and never go any deeper especially when it comes from MSM.

It is most evident with people who don't understand what those "evil" profits do i.e.. like Obama who said:
"Somebody invested in roads and bridges. If you've got a business—you didn't build that. Somebody else made that happen."
When he said that he didn't realize that NON-profits, government, newspapers like St. Petersburg Times that are "non-profits" don't pay any taxes.
And it is "for-profits" that pay the taxes that pay for "roads and bridges". So when idiots bash those evil "profiteers" i.e. capitalists, businesses they continually forget.. they pay taxes
that build the "roads and bridges". Property taxes are paid by evil "for profit' businesses.

1. 
   Nonprofits are also exempt from paying sales and property taxes. While the income of a nonprofit organization may not be subject to federal taxes, nonprofit organizations do pay employee taxes (Social Security and Medicare) just like any for-profit company.

 

[healthmyths]

I don't think that's the point, however it could be making a point on the value of reading comprehension based on a lack thereof by various forum members.

Point seems to be that fostering competition and new market entrants was a fool's errand.

Perhaps! But if so, that's a pretty alarming finding with some pretty big implications for that sector.

How do you foster competition when a non-profit competitor doesn't have to pay income,sales or property taxes? This is a decided advantage that doesn't foster
competition.