Fausta's Blog

American and Latin American Politics, Society, and Culture

March 23, 2010 By Fausta

The 20-pen bill signing ceremony

Obama Signs Health Care Overhaul Bill, With a Flourish

Moments later, the president sat down at a table, and affixed his left-handed, curlicue signature, almost letter by letter, to the measure, the Affordable Health Care for America Act, using 20 pens that he intended to pass out to key lawmakers and others as mementoes [sic].

Via Dean’s World,

The Times photographer caught La Pelosi, madam of the house of ill-repute, in mid-orgasm:

Roger Kimball compares Margaret Thatcher vs. Nancy Pelosi and morality. Since Nancy has none, guess who won.

But the consequences of the health”care” bill will affect all of society. Matthew Continetti takes a look at the crystal ball,

I believe we have only the dimmest understanding of the full consequences of this legislation. It will raise taxes. Its cost-controls are unproven and trivial. The bill will increase demand for a fixed commodity and thus increase the overall price of that commodity. So health care spending will continue to rise as more people enter the system, the population gets older, and technology continues to improve. Susan Ferrechio runs through the various unintended consequences here.

Even when the exchanges become fully operational, not everyone will be insured. The penalty for violating the mandate is too small to coerce universal compliance. In fact, as Scott Gottlieb points out, it is quite likely that there will be more uninsured in the medium run as businesses fob off their employees to the exchanges and those employees who do not receive subsidies (43 percent of the individual market, according to CBO) cannot afford the higher premiums for government-mandated insurance. Liberals will respond to this crisis of their own making by calling for an increase to subsidies, a public option, or universal Medicare.

Jim Pethokoukis explains how Health reform is faith-based deficit reduction

One problem is that despite being nonpartisan, the CBO’s methods are still dictated by Congress. That means Capitol Hill can get away with financial chicanery such as front-loading some tax increases and delaying spending plans — something that can help the numbers work because, in a fixed 10-year period, the tax income is counted for more years than the spending.

But back to those 20 pens Obama used for signing the bill; perhaps he used one pen for each way ObamaCare will take away our freedoms.

AND BY THE WAY,
Seven minutes into the above video, YES, you heard correctly, Joe Biden did say, “this is a big f____ing deal”. Ben Smith catches the mother of all Biden moments,

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Filed Under: Barack Obama, Congress, Democrats, health care, healthcare, Nancy Pelosi Tagged With: Fausta's blog, ObamaCare

Comments

  1. Dan S says

    March 23, 2010 at 3:58 pm

    It does look as if the hag is abusing the chair and thoroughly enjoying it.

  2. Robert says

    March 23, 2010 at 4:57 pm

    Let’s be clear. I did not vote for Obama………. and as much as I love your blog, I wish you would not cite folks that say “it will do this and it will do that, when they are no more proven than the dimocrats.” And take away freedom? My “life time of a hard working brother” is in a hospital in a coma and his insurance met the lifetime limit on 11 March. The hospital wants him out. No one will take him without insurance. And no, he didn’t drink and didn’t smoke and always paid his taxes…….Maybe freedom will meet humanity this one time.

  3. Fausta says

    March 23, 2010 at 5:55 pm

    Robert,
    Sorry to hear about your brother.
    However, I do not expect that ObamaCare will cover long-term care.

  4. Glenn B. says

    March 23, 2010 at 6:02 pm

    It seems that someone is picking at straws here.

  5. Hart Williams says

    March 24, 2010 at 8:08 am

    Uh, in case you’ve been comatose for the last, oh, 30 years or so, the use of multiple pens to sign bills goes WAY back. In fact, in the news last week, they were recapping LBJ’s signing of the original Medicare bill in 1965* using … wait for it … MULTIPLE PENS!!!! (Gasp.)

    (That would be 45 years ago.)

  6. Xavier Baudet says

    March 24, 2010 at 1:12 pm

    Some 1200 dollars anually on total coverage, that’s what the average Dutchman pays for his healthcare, in a system similar to Obamacare. Imagine how much you’ll have left to spend each month? This new healthcare system means a major boost for the US economy. And we haven’t even begun to discuss how this will affect crime rates, poverty etc. But it will certainly hurt the Republican Party since they tried to make Americans believe that this was `socialism’ and there’d be `deathpanels’ and such. Crazy

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