Tag: Obamacare

The Dirty Little Health Care Secret

In reading the book Antifragile: Things That Gain From Disorder by Nassim Nicholas Taleb, I learned about a field of study called, iatrogenesis.

Iatrogenesis is the degree of harm committed on patients by doctors and the health  care systems. In other words, iatrogenesis is all about how many people die because of errors by physicians and hospitals. The numbers are staggering.

According to one source, the number of deaths in the United States due to medical error is approximately 98,000! Remember, this number is from reported deaths, and may or may not be correct depending on how or whether errors are reported within a given hospital system.

The 98,000 to 100,000 number is supported by the references in this Newsweek article.

Other sources credit the number of deaths as over 225,000 patients. This is the number that brings iatrogenesis deaths up to the third largest killer in the nation. Even if this number is not correct, the 98,000 to 100,000 number is roughly equivalent to the deaths that would have been caused by a jumbo jet crashing, everyday.

One thing we do know is that the 100,000 level of iatrogenic deaths is conservative. Some say it is very conservative.

So, how does this affect us today? How does this affect Obama care? Here is my reasoning.

1. The mortality numbers published for the United States show our health system to be more deadly that many other countries. This difference is in large part attributable to our much larger number of doctors, hospitals, MRI and CT Scan machines per capita than any other country in the world.

2. It is obvious that the more health care you get, the greater you are at risk for being killed by the system.

3. According to Nicholas Taleb, the life expectancy of Americans will get longer as our medical care becomes rationed more and more like European health care.

You will notice that I have found one of the only positive things about Obama care. Even though everybody will pay more for healthcare, and everybody will get less healthcare, more people will live through the experience.

We will get the shaft from Obama in our healthcare system. Simply by the principles revealed in iatrogenesis, we should benefit.

How do you like them apples?

Mellow Out, Lay Back, Remember The Good Times

Yep. Remember the good times because you won’t see anymore for a long time. Barack Obama has guaranteed that we will be less prosperous, less employed, less healthy, and less secure than at any time in the last century. Barack Obama is the Force of Ruin.

So here we are, standing at a crossroads in American history with more people getting money from the Federal Government than those who pay into the system.  We are crossing the Great Divide. We have a choice of becoming a nation of welfare sponges like the United Kingdom, or remaining the towering vision of freedom and wealth that our founding fathers envisioned.

Because of Barack Obama, our future is in doubt.

Obama can be called Hooverian, or Carteresque. Like Herbert Hoover, Barack Obama inherited a bad situation, mostly from his party’s policies. Whatever actions he has taken since have been wrong. He was dead wrong, and we are the ones strapped to the guillotine to pay for his sins.

Economically, his stimulus program produced almost no measurable jobs. A little investigation tells you why. Huge sums of money were used to clean up debt from various city balance sheets, union controlled transit companies, and just plain ignorant state and local government projects. Nobody will remember, but I said a long time ago that there was no such thing as “shovel ready jobs”. The shovels were for the mountains of money being thrown about to the politically favored.

As an example, the City of Philadelphia received one billion dollars in stimulus funds. Of that, most of the money was used to pay down the debt of local transit companies (SEPTA and City of Philadelphia Transit). Of course, this didn’t produce one job, but it did keep those inefficient companies from going bankrupt. Instead, we paid off over five hundred billion dollars in debt, and kept those over paid union workers on the job. How about that for a cool payoff?

The same story was repeated over and over across the nation. Corrupt city officials got a big payday. That is Democrat politics for you. It is called, “screw you, citizens”.

Then we have the Obama care debacle. Here we have a plan, and subsequent set of laws, that gives every citizen healthcare, whether they want it or not. Every rating agency comes up with the following analysis. The program will deliver healthcare to more people, who will pay significantly more for that care, get less care than before, and at a lower quality. This is just more of Obamanomics, “screw you , citizens”.

With all this economic disruption going on, you would think there was some planning involved.  Well, the first part of the Democrat plan is to NOT HAVE A BUDGET! If  there were a budget the Democrats would have to explain why they cannot stick to the plan.

How about Quantitative Easing by the Federal Reserve? Here is another Obama “watch the pea under the shell” game. All this means that Obama’s Administration will buy bad mortgages and other non-performing assets from the books of the big banks. Doing this should make more money available to loan. Sorry, I don’t think it will happen to much extent.

I hate to tell you this, but the real interest rates for banks are at zero, now. Banks do not have to pay for the money they borrow. There is lots of money to loan. The problem is that the economy sucks. It’s jobs, stupid!

Guess who will wind up paying off those mortgages?

Screw you, citizens.