Breaking: Obama opposes repeal of law so terrible that even his own team abandoned it

posted at 4:47 pm on October 17, 2011 by Allahpundit

So attached is this guy to health-care boondoggles that he can’t bear to part with one that even his own HHS advisors admit is a catastrophe in the making.

Alas, fellow “Princess Bride” fans, it seems the CLASS Act is only … mostly dead.

President Obama is against repealing the health law’s long-term care CLASS Act and might veto Republican efforts to do so, an administration official tells The Hill, despite the government’s announcement Friday that the program was dead in the water.

“We do not support repeal,” the official said Monday. “Repealing the CLASS Act isn’t necessary or productive. What we should be doing is working together to address the long-term care challenges we face in this country.”

Over the weekend, The Hill has learned, an administration official called CLASS Act advocates to reassure them that Obama is still committed to making the program work. That official also told advocates that widespread media reports on the program’s demise were wrong, leaving advocates scratching their heads.

Health and Human Services Secretary Kathleen Sebelius announced Friday in a blog post on the liberal Huffington Post web site that the administration did not see a way to make the program sustainable. Sebelius indicated her agency hadn’t been able to figure out a way to ensure the program providing long-term care paid for itself as required by law.

In other words, it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway. You’ll never find a sharper illustration of his basic approach to fiscal reality than you’re seeing right here.

In fairness, he probably does understand that the program’s well and truly dead, but so terrible would it look for him to sign legislation repealing any part of ObamaCare that he prefers the idiocy of vetoing a bill that’s aimed at undoing a program already undone by his own staff. There’s wonderful symbolism in that: Agenda and “messaging” trumps all, even if it means keeping a policy in place that’s now acknowledged as destructive by both parties. So much for the guy who was going to end “business as usual” in D.C. Guy Benson’s right too that O likely wants to keep stringing along the CLASS Act true believers for as long as he can, partly to soak them for donations before election day and partly to deflect tough questions they might ask about which other unworkable parts of ObamaCare the administration might be prepared to discard. All the more reason for the GOP to pursue repeal and put Senate Democrats on the spot. If they want to protect Obama by filibustering before it gets to his desk, great! Voting in favor of a program that even Kathleen Sebelius thinks is a hopeless boondoggle will make for some nifty NRSC attack ads next year. If Senate Dems are tired of covering for His Majesty and want to let him handle this with a veto, great! We, and the White House press corps, will have all sorts of “Obama vs. math” fun at his expense. There’s no downside here. Repeal, repeal, repeal.

Also via Benson, here’s a flashback from 2009 that I like to call “Harry Reid vs. math.” Reid knew at the time, of course, that CLASS was a bust from the word go. He can add. He’s just a liar who would say anything to get O-Care passed.

Breaking on Hot Air

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In other words, it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway.

Dear Liar is so wonderful he can bend math.

rbj on October 17, 2011 at 4:50 PM

It’s amazing, this guy makes Bill Clinton look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

they are a bunch of lying criminals. Including the msm who peddled the deficit neutral bullship.

rob verdi on October 17, 2011 at 4:51 PM

The man is nuts. The House should pass ma resolution saying he needs a full psychiatric work up.

InkyBinkyBarleyBoo on October 17, 2011 at 4:51 PM

CLASS Act — Pinin’ for the Fjords, while the president still asks us to admire it’s beautiful plumage.

jon1979 on October 17, 2011 at 4:53 PM

the administration did not see a way to make the program sustainable.

Since when does that matter?

forest on October 17, 2011 at 4:53 PM

My president is insane; his remaining supporters, more so.

Rational Thought on October 17, 2011 at 4:53 PM

Pretzel in Chief

Schadenfreude on October 17, 2011 at 4:54 PM

If Obama repeals this, it will slow his progress down on destroying us. Can’t have that now, can we?!!!

capejasmine on October 17, 2011 at 4:54 PM

but so terrible would it look for him to sign legislation repealing any part of ObamaCare that he prefers the idiocy of vetoing a bill that’s aimed at undoing a program already undone by his own staff.

And here you all were just last week claiminig that Obama doesn’t talk with his staff or cabinent secretaries. Oh, wait …

parke on October 17, 2011 at 4:54 PM

Math? No one needs stinkin math to run a country…I was Law Review, what I say is law.
This guy has no clue, he is running the country like a kid’s backyard club…

right2bright on October 17, 2011 at 4:56 PM

I say again, the man is lost in a thick fog without a compass . . . and, at times, it appears that he possesses less than a dozen functioning brain synapse connections. If he wasn’t so dangerous he’d be a knee slapping joke.

rplat on October 17, 2011 at 4:56 PM

Missed his calling as a used car salesman.

fogw on October 17, 2011 at 4:58 PM

-Mr. President, sir, even your own staff members believe this is unworkable.

“My what?”

-Your staff, sir.

“I have a staff?”

Bishop on October 17, 2011 at 4:58 PM

Obama’s Ego is destroying this nation.

portlandon on October 17, 2011 at 4:58 PM

Hey, why doesn’t crr6 come around anymore to defend all this ridiculous bullsh*t? I miss the comedy.

Meh on October 17, 2011 at 4:59 PM

Obama has no intention of letting reality interfere with his governance.

hawksruleva on October 17, 2011 at 4:59 PM

And here you all were just last week claiminig that Obama doesn’t talk with his staff or cabinent secretaries. Oh, wait …

parke on October 17, 2011 at 4:54 PM

The story had said he was talking with his closest advisers while giving little time for most. The claim was never that he had completely shut-out all of his staff.

And if there’s any time he’d be making an exception and holding meetings, it’d be over ObamaCare going to SCOTUS and a major part of it falling apart around the same time.

Nice attempt to deflect from his idiocy, though. Your spin job would be so much easier if we actually said what you wish we had said.

amerpundit on October 17, 2011 at 5:00 PM

1 + 1 = 2,346; cmon folks, we can make this work.

AltTuning on October 17, 2011 at 5:00 PM

So attached is this guy to health-care boondoggles that he can’t bear to part with one that even his own HHS advisors admit is a catastrophe in the making.

What did he do when his own lawyers said he doesn’t have the authority to go into Libya? He went anyway.

What did he do when he was told that Solyndra was not a good investment? He gave them half a bil. smackers of tax payer money.

This is Obama’s MO: do what makes no sense whatsoever, and blame Bush/Koch/Jews/Tea Party/etc. later on when it blows up in his face.

Weight of Glory on October 17, 2011 at 5:01 PM

CBO had scored the long-term-care program for people with disabilities as saving the nation $86 billion in spending over 10 years — that’s about 40 percent of the reform law’s $210 billion in total estimated deficit reduction over the next decade.

In a new blog post, CBO Director Douglas Elmendorf clarified that last week’s decision by the Obama administration not to implement the program means those savings are now moot. Because the program is not being implemented, Elmendorf said a repeal bill would not be considered saving money.

….
“Beginning immediately, therefore, legislation to repeal the CLASS provisions in current law would be estimated as having no budgetary impact.”

I understand the CBO saying that repealing CLASS won’t save money (because it won’t), but aren’t they now obligated to admit that the imaginary $86 billion CLASS was projected to save is not ever going to be saved, and therefore Obamacare is not deficit-neutral (as they claimed before its passage), but instead will ADD significantly to the deficit, just as its critics predicted?

AZCoyote on October 17, 2011 at 5:02 PM

Obama’s Ego is destroying this nation.

portlandon on October 17, 2011 at 4:58 PM

This.

“The moment when the rise of the oceans began to slow and our planet began to heal …”

He can do anything.

d1carter on October 17, 2011 at 5:02 PM

And here you all were just last week claiminig that Obama doesn’t talk with his staff or cabinent secretaries. Oh, wait …

parke on October 17, 2011 at 4:54 PM

Um, doesn’t this reinforce that notion?

lorien1973 on October 17, 2011 at 5:02 PM

1 + 1 = 2,346; cmon folks, we can make this work.

AltTuning on October 17, 2011 at 5:00 PM

It’ll be a 2,346% reduction in our premiums!

forest on October 17, 2011 at 5:03 PM

Bitter clinger

SouthernGent on October 17, 2011 at 5:03 PM

I understand why he doesn’t want to begin dismantling the signature achievement of his entire presidency just before voters consider him for another term…..but C’mon.

If the GOP doesn’t rub his nose in this for the next 12 months, I might just sit at home and live off the government dole until the whole thing collapses, voting democrat the entire time. Democrats will have proven themselves to be the more intelligent party, and I’d be an idiot not to take advantage of their largess while it is available. If it is going rain soup until the earth impacts the sun, you might as well hold out your hat and enjoy the ride.

Mord on October 17, 2011 at 5:04 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

NeighborhoodCatLady on October 17, 2011 at 5:04 PM

I’m always fearful that Americans are just dumb enough to re-elect this commie thug, but man oh man does it look like eveything he touches is blowing up in his face big time.

xrayiiis on October 17, 2011 at 5:04 PM

Math? No one needs stinkin math to run a country…I was Law Review, what I say is law.
This guy has no clue, he is running the country like a kid’s backyard club…

right2bright on October 17, 2011 at 4:56 PM

Beloved Dear Leader got his education at the finest universities including at Harvard in Oz Land where he excelled in reeling and writhing, of course, to begin with and then the different branches of arithmetic: ambition, distraction, falsification and derision with additional courses in Karl Marx and Napoleon Bonaparte – extra.

Cheshire Cat on October 17, 2011 at 5:04 PM

“What we should be doing is working together to address the long-term care challenges we face in this country.”

I, for one, am damn sick and tired of government officials and their spokesliars telling me what I should be doing. In the USA, the people tell the government what it should be doing.

ROCnPhilly on October 17, 2011 at 5:04 PM

What would a psychotic-political breakdown of this man look like? Sort of what we’re seeing just more so. He’s a leftist; this is his deepest comfort zone. As his fortunes unravel, I expect he’ll keep retreating to this leftist corner. Against all political common sense, but it won’t matter. The impersonation of the moderate — the trans-partisan, post-racial “new kind of politician” garbage that dupes like David Brooks and most independents gobbled up — was the huge effort. It was never his true nature or interest. He’s a stock academic leftist with a toxic twist of seething, familial anti-American resentment. The increasing heat and desperation will reveal more and more of it.

rrpjr on October 17, 2011 at 5:06 PM

Oh I forgot to mention: This is yet more evidence that Obama ALWAYS doubles-down.

Mord on October 17, 2011 at 5:07 PM

Obama heckled by Miracle Max’s wife

Christien on October 17, 2011 at 5:09 PM

That’s classic Romney. It doesn’t work but I’ll do it anyway. And I will defend it to my death. Or maybe flip-flop at a later date.

antisocial on October 17, 2011 at 5:09 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

NeighborhoodCatLady on October 17, 2011 at 5:04 PM

teke184 on October 17, 2011 at 5:10 PM

Obama has no intention of letting reality interfere with his governance.

hawksruleva on October 17, 2011 at 4:59 PM

In Dear Leader’s world everything is nonsense. Nothing is what it is, because everything is what it isn’t. And contrary wise, what is, can’t be. And what can’t be, must be. You see?

Cheshire Cat on October 17, 2011 at 5:10 PM

Do we have a number on how many people actually signed up for this?

Jason Coleman on October 17, 2011 at 5:10 PM

it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway.

The math isn’t impossible if Obama makes the outrageous premiums mandatory, like the rest of Obamacare.

Hot Air readers should be able to put 2 and 2 together and see why Obama opposes repeal and where he intends for it to go.

cool breeze on October 17, 2011 at 5:14 PM

Yet another reason to vote Republican in NOV 2012…

Khun Joe on October 17, 2011 at 5:14 PM

Apparently “Bending the Cost Curve” means “Structural Overload Buckling Failure of the Cost Curve”

TexasDan on October 17, 2011 at 5:16 PM

The answer: He’s going to both repeal and “not repeal” the provision. He thinks he’s god and for god all things are possible.

Must we wait until next November to remove this S*** For Brains from the White House?

ROCnPhilly on October 17, 2011 at 5:16 PM

Do we have a number on how many people actually signed up for this?

Jason Coleman on October 17, 2011 at 5:10 PM

It’s hard to get an accurate count, what with all the waivers….

psrch on October 17, 2011 at 5:17 PM

Hey, why doesn’t crr6 come around anymore to defend all this ridiculous bullsh*t? I miss the comedy.

Meh on October 17, 2011 at 4:59 PM

LOL, what’s left to defend?

Allow me to fill in…

Er, well I think he’s doing a fine job.

crr6 on August 10, 2011 at 6:15 PM

Del Dolemonte on October 17, 2011 at 5:17 PM

Being in the LTC industry for almost 5 years, the CLASS act was the most ridiculous piece of legislative nonsense I’ve ever seen.

The numbers simply COULDN’T work because of Adverse Selection. Since it was supposed to be available to everyone (regardless of each person’s different health condition), the unhealthiest people would have been the MOST likely to buy. AND, since the law wouldn’t allow for a different (read as: “higher“) price for the people who were more likely to eventually go on claim, the program was doomed from the jump.

Costs would have necessarily spiraled out of control, almost immediately.
The ONLY way anyone but the sickest among us would have chosen to buy it would have been to outlaw PRIVATE Long Term Care insurance altogether, making the CLASS Act the only game in town.

………..which, of course, was the point all along.

Cretins.

JustTurnRight on October 17, 2011 at 5:18 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter Billy Martin look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

NeighborhoodCatLady on October 17, 2011 at 5:04 PM

teke184 on October 17, 2011 at 5:10 PM

psrch on October 17, 2011 at 5:19 PM

If you believe enough and your heart is pure enough……

Aviator on October 17, 2011 at 5:20 PM

i think people miss the point of the class act. the point is to get people to hire healthcare aides, in-home and in nursing care centers.

who organizes these aides??? SEIU. this is a long term goal.

everyone knows it is a ponzi scheme…even the Dim head of the Senate committee. Obama and most of the dims are deeply corrupt…putting themselves above their party…and yes, country

r keller on October 17, 2011 at 5:20 PM

Pretty amazing but I actually fell asleep within the 28 seconds of that clip.

dirtseller on October 17, 2011 at 5:21 PM

Pretty amazing but I actually fell asleep within the 28 seconds of that clip.

dirtseller on October 17, 2011 at 5:21 PM

That’s part of their plan.

forest on October 17, 2011 at 5:23 PM

Instead of a 9-9-9 plan, Obama’s plan is I-Me-Mine.

HellCat on October 17, 2011 at 5:24 PM

We, and the White House press corps, will have all sorts of “Obama vs. math” fun at his expense.

The WH Press Corp Corpse?

They *might* do as you suggest, or they *might* put on their state-issued kneepads and get to work making sure O gets re-elected…

Hmmm…

Midas on October 17, 2011 at 5:25 PM

Hey, why doesn’t crr6 come around anymore to defend all this ridiculous bullsh*t? I miss the comedy.

Meh on October 17, 2011 at 4:59 PM

She was hospitalized with withdrawal symptoms after her neighborhood 7-11 ran out of Cheetos.

Aviator on October 17, 2011 at 5:26 PM

Hey, why doesn’t crr6 come around anymore to defend all this ridiculous bullsh*t? I miss the comedy.

Meh on October 17, 2011 at 4:59 PM

What I never understood about crr6, and those like her, was that ObamaCare was obviously and unworkable. And yet she kept cheering as it made its way through the courts. Why cheer something so disastrous for everyone?

redeye on October 17, 2011 at 5:28 PM

No we know for sure that Obama is insane.

sadatoni on October 17, 2011 at 5:31 PM

redeye on October 17, 2011 at 5:28 PM

The term “useful idiot” comes to mind.

Aviator on October 17, 2011 at 5:36 PM

Long Term Health Care is a problem even for private insurers let alone government mortar forkers. Example Prudential has only a 6 % customer satisfaction rating in LTHC. The trouble is that insurance companies have become so large, bureaucratized and inefficient that they have become quasi-governments unto themselves.Of course, Uncle Sam (or is it Comrade Sam? or Mighty Mufti Sam?) stands at the head of the line for sloth, incompetence, arrogance and total waste. WHAT A MESS WE ARE ALL IN WHEN INSURANCE COMPANIES ARE THE BEST OF A MANGY LOT!!!!!!!

MaiDee on October 17, 2011 at 5:37 PM

Hey everybody…!

… I have a great idea.

Let’s elect Barack Hussein Obowma as President of the United States…!

… Who’s with me???

/

Seven Percent Solution on October 17, 2011 at 5:39 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter Billy Charlie Sheen look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

NeighborhoodCatLady on October 17, 2011 at 5:04 PM

teke184 on October 17, 2011 at 5:10 PM

pambi on October 17, 2011 at 5:48 PM

In other words, it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway.

Dear Liar is so wonderful he can bend math.

rbj on October 17, 2011 at 4:50 PM

2 + 2 = 5

It’s all in the book.

malclave on October 17, 2011 at 5:50 PM

What I never understood about crr6, and those like her, was that ObamaCare was obviously and unworkable. And yet she kept cheering as it made its way through the courts. Why cheer something so disastrous for everyone?

redeye on October 17, 2011 at 5:28 PM

Welcome to the right side of the issue. I hope you’ll stay with us in the future.

crr6 on June 18, 2011 at 2:38 AM

Del Dolemonte on October 17, 2011 at 5:51 PM

I, for one, am damn sick and tired of government officials and their spokesliars telling me what I should be doing. In the USA, the people tell the government what it should be doing.

ROCnPhilly on October 17, 2011 at 5:04 PM

ROCnPhilly you must be ‘old school’ like me, because they do not teach that idea in public schools since 1963. Only govt people who can tell me what to do is my commanding officers.

Of course those elected freaks pass laws and in effect tell us what we can and can’t do — with consequences included.

jarhead0311 on October 17, 2011 at 5:53 PM

Obama has no intention of letting reality interfere with his governance.

hawksruleva on October 17, 2011 at 4:59 PM

“..forget it, he’s rolling..”

The War Planner on October 17, 2011 at 5:53 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter Billy Martin look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

jarhead0311 on October 17, 2011 at 5:58 PM

Obama is in a difficult position, which congressional Republicans should exploit. A unilateral cancellation of CLASS by executive branch fiat could be considered an impoundment. Impoundments of congressionally authorized expenditures are allowable only in limited circumstances and otherwise violate one of several Congress v. Nixon SCOTUS decisions (impoundments were debated as one ground of impeachment). Hence, repeal of CLASS by Congress would “save” Obama from violating a SCOTUS decision! If he vetoes the repeal, he will have to admit that the program he and other Democrats pushed is unsustainable.

chsw

chsw on October 17, 2011 at 5:58 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter Billy Martin my wife look reasonable.

She never goes on the internet so I am safe in that comment. I think. I hope.

jarhead0311 on October 17, 2011 at 6:04 PM

Example Prudential has only a 6 % customer satisfaction rating in LTHC.
MaiDee on October 17, 2011 at 5:37 PM

Not sure where you saw those numbers. I’m no apologist for Pru, but I haven’t seen numbers anywhere near that low for any LTC company, except maybe for one that went belly-up a couple years back.

The big dogs in LTC (Genworth, John Hancock) and a few others all have extremely high customer satisfaction ratings, as well as renewal rates in the 90% range.

People elect to buy LTC insurance, and if they aren’t happy they go somewhere else. Competition at its finest, and
Waaaaaaay different from the socialist asshats in Washington.

JustTurnRight on October 17, 2011 at 6:16 PM

Alas, fellow “Princess Bride” fans, it seems the CLASS Act is only … mostly dead.

excellent

have fun stormin the castle!

cmsinaz on October 17, 2011 at 6:25 PM

Dear Liar is so wonderful he can bend math.

rbj on October 17, 2011 at 4:50 PM

I’ll bet that he can divide by zero, too.

Mirimichi on October 17, 2011 at 6:26 PM

doubling down on stupid…it’s his MO

cmsinaz on October 17, 2011 at 6:26 PM

I would like to think one of the candidates will work this into a response in tomorrow’s debate.
During the New Hampshire debate they all missed a tremendous opportunity to hammer Mitt on his advisers going to Washington to consult the regime re. Romneycare.

diogenes on October 17, 2011 at 6:30 PM

Obama’s just stayin’ CLASSy.

Seriously, not only is he steering us into an iceberg, he’s removed the ship’s wheel and is in the process of drilling holes in the lifeboats. He doesn’t want anyone to survive what he’s doing to this country.

Left Coast Right Mind on October 17, 2011 at 6:33 PM

B. HUSSEIN is holdin out hope that the SCOTUS will rule in his favor, then he’ll really soak the rich.

madmonkphotog on October 17, 2011 at 6:35 PM

What a dick.

txag92 on October 17, 2011 at 6:45 PM

Alas, fellow “Princess Bride” fans, it seems the CLASS Act is only … mostly dead.

Fessik, rip his arms off.

Lily on October 17, 2011 at 6:53 PM

Obama: But, Madame Secretary, you forgot my pixie dust!

Repeat after me: Yes We Can!

Steve Z on October 17, 2011 at 7:12 PM

I love it so much! If you believe in fairies, clap your hands!

Mason on October 17, 2011 at 7:43 PM

I reject your reality and substitute my own!

DrW on October 17, 2011 at 7:47 PM

If the USSR or China had planted a Charm SchoolGRad or Manchurian Candidate in the White House, what would that person have done differently than Mr. Obama has done in actuality?

The President of the United States is attempting to destroy our country.

Of this, I no longer have any doubt.

DrW on October 17, 2011 at 7:50 PM

i think people miss the point of the class act. the point is to get people to hire healthcare aides, in-home and in nursing care centers.

who organizes these aides??? SEIU. this is a long term goal.

everyone knows it is a ponzi scheme…even the Dim head of the Senate committee. Obama and most of the dims are deeply corrupt…putting themselves above their party…and yes, country

r keller on October 17, 2011 at 5:20 PM

Ding ding ding!! We have a winner!!

The whole stinking bill was nothing but a jobs program for SEIU members, with eventual public employment of all of them.

rockmom on October 17, 2011 at 8:15 PM

Oh, and every time any Democrat in a campaign complains that Republicans are “anti-Science,” the Republican should come right back with “Democrats are against Math!!”

rockmom on October 17, 2011 at 8:16 PM

In other words, it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway. You’ll never find a sharper illustration of his basic approach to fiscal reality than you’re seeing right here.

Nothing, absolutely nothing is to hard for the “won.” Hell will freeze over before he gives up his ego. Come to think of it, with an even stronger La Nina on the rise hell might freeze over.

chemman on October 17, 2011 at 8:17 PM

I say again, the man is lost in a thick fog snow cloud without a compass . . . and, at times, it appears that he possesses less than a dozen functioning brain synapse connections. If he wasn’t so dangerous he’d be a knee slapping joke.

rplat on October 17, 2011 at 4:56 PM

FIFY

chemman on October 17, 2011 at 8:21 PM

That video makes you wonder how we can still be standing. I’d say he was stupid if I thought he wasn’t complete aware of what he is saying.

Cindy Munford on October 17, 2011 at 8:38 PM

You certainly don’t want to inject any common sense into this Administration. If they leave it on the books, they can not fund it and claim their saving a bunch of money, or some other foolish thing.

I can’t wait to find out what else is out there with Obamacare.

bflat879 on October 17, 2011 at 8:48 PM

Obama’s Ego is destroying this nation.

portlandon on October 17, 2011 at 4:58 PM

Ego, Id, SuperEgo, and IQ all conspiring against him.

BobMbx on October 17, 2011 at 8:50 PM

I’m no apologist for Pru, JustTurnRight on October 17, 2011 at 6:16 PM

Yes you are. You might even work for an insurance company You’re probably referring to Moody’s bond ratings. But in all consumer surveys, hatred of insurance companies is second only to Osama Bin Laden.http://insurance.freeadvice.com/reviews/19/survey/Prudential/ Check this out.But I do agree that with Obama out of the way there will be more competition.

MaiDee on October 17, 2011 at 9:17 PM

It’s amazing, this guy makes Bill Clinton Jimmy Carter Billy Carter Billy Charlie SheenCharles Manson look reasonable.

CrazyGene on October 17, 2011 at 4:50 PM

NeighborhoodCatLady on October 17, 2011 at 5:04 PM

teke184 on October 17, 2011 at 5:10 PM
pambi on October 17, 2011 at 5:48 PM

What do I win?

massrighty on October 17, 2011 at 9:48 PM

Alas, fellow “Princess Bride” fans, it seems the CLASS Act is only … mostly dead.

Nah. Spamalot:

“I’m not dead yet.”

nukemhill on October 17, 2011 at 10:12 PM

CLASS isn’t about providing long term care. The program is purposely a money losing proposition to help financially collapse the health care system. It’s Obama’s goal. He’s following the Cloward-Piven strategy to the letter.

TulsAmerican on October 17, 2011 at 10:20 PM

“Yes. No. Maybe. I dunno. Whatever.”

juanito on October 17, 2011 at 11:47 PM

In other words, it’s mathematically impossible to make the CLASS Act work, yet somehow The One’s going to make it work anyway. You’ll never find a sharper illustration of his basic approach to fiscal reality than you’re seeing right here.

At some point, AP, the collective LSM has got to cock their heads and say “Wait…what?” I live for the day when some, or even one of them, decide they’ve had enough of lying and dissembling to prop us this SCOAMF. I guess I’d like to know that someone in a once-noble profession still has the tiniest scrap of dignity that they just won’t sell.

Extrafishy on October 18, 2011 at 6:14 AM

Math class is tough!” – Barak “Barbie” Obama

mechkiller_k on October 18, 2011 at 8:44 AM

Mr. President, sir, even your own staff members believe this is unworkable.

“My what?”

-Your staff, sir.

“I have a staff?”

Bishop on October 17, 2011 at 4:58 PM

I saw what you did. LOL!

44Magnum on October 18, 2011 at 10:14 AM

Yes you are. You might even work for an insurance company
MaiDee on October 17, 2011 at 9:17 PM

MaiDee, I need to put some Learnin’ to ya….
Long Term Care is a rather esoteric branch of the insurance industry, so I’ll excuse your ignorance.

I did indeed sell for and/or manage an insurance agency for almost 20 years and am now happily retired. The site that you linked was an online, self-selected group of people that want some place to vent, ….NOT an actual survey of insurance policy owners. Heck, I personally sold more policies than the number of people in that survey, and I’m just one guy.

Comparing that self-selected, tiny group to the insurance owners of the nation is like equating “guys in my bowling league” to “2012 likely voters”.

As I said, I never sold for Pru, but overall LTC insurance policy owners are far-and-away some of the most satisfied in the industry, especially when you compare them to Car and Home insurance clients. The renewal numbers are, again, in the mid to upper 90% range. I make money ONLY if these people ELECT to stay with us each year and not go elsewhere, which they can at ANY time.
That said, they choose to stay in overwhelming numbers.

President Genius and his cohorts want the industry to fail so they can take it over. That’s what CLASS was about: dependancy and control. What some of them (not Obama yet, of course) realized is that they don’t have the first CLUE how to do it….. and get away with it.

Yet.

JustTurnRight on October 18, 2011 at 11:16 AM

Socialist truth is the only truth.

GarandFan on October 18, 2011 at 2:22 PM

even a partial repeal still has to make it past harry reid, and since it would be a pretty big admission of failure I don’t think he’d do it…even if the white house insisted.

runawayyyy on October 17, 2011 at 5:00 PM

Told ya. They won’t agree to repeal any part of it, no matter who says what, no matter how bad the math looks for them. They know the media will cover for them. They know the media will blame all this on republicans refusing to make the program work. obama is hoping they try to repeal it so the media template is set, but even if the republicans don’t try to repeal it they’ll still get the blame for it. And it will stick too. Again.

runawayyyy on October 18, 2011 at 4:16 PM

JustTurnRight

I’m not your enemy. In fact I’m just as desirous as you to see Obama dumped in the next election but am not ebullient at the prospects since 47% of all Americans pay no income taxes and a very high percentage of those are certainly Obama supporters. The ONLY thing saving us is that a high percentage of this particular electorate “can’t be bothered” to vote. They’d rather fornicate, take drugs and drink. Thank God for that!

I worked for insurance companies (the casualty end) for 20 years and although statistically my story may be anecdotal, the experiences and named companies are real. I started off with the Employers Group of Insurance Cos. in Boston but eventually was sent to New York. Soon thereafter the Employers merged with the Commercial Union. at that point I moved on to the Aetna Casualty & Surety and thence to Fireman’s Fund. At first I liked insurance companies but then I noticed a not-so-subtle swing as James Robinson III (Jimmy Three Sticks) and then Sandy Weill (whom I once met)at one point or another became my ultimate boss. To make a longer story less longer suffice it to say that home office departmental chiefs who once only had a secretary now had a staff of 75 and even the secretaries had secretaries. And, at that time at least, there were three different computer systems-underwriting-sales-claims-each costing a million dollars a day and COULDN’T INTERFACE WITH EACH OTHER. One horror story after another ad infinitum.As a NY branch office manager (line vs staff-you know the drill) I was ordered-even over my branch VP objections (he agreed with me by the way) to hire two extra auditors-not because we needed them but it made the audit department stronger.

Some day I’ll go into the horror stories about the life insurance end of the business (actuarial dishonesty etc). But enough for now with one addendum-the insurance industry, in general, has turned from conservative to liberal with Obama getting the majority of their votes.

MaiDee on October 18, 2011 at 4:37 PM

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