Seeking Alpha


Send Message
View as an RSS Feed
View DrP79's Comments BY TICKER:
Latest  |  Highest rated
  • Obamacare signs up 8M [View news story]
    so nice that you listed two major ideas given some folks had said that NO IDEAS were proposed.

    Tort reform is a major way to LOWER costs. first one would not have to pay the legal costs and then we could cut down on the number of tests that are given primarily as ways to limit the legal liability rather than to provide information.

    Another major way to LOWER cost to cut down on required coverage. Given my age and being male, I really do not need OB/GYN coverage, regardless of what one thinks about abortion.

    Crossing state lines is important. There is a reason why car insurance is cheaper. More competition is a big reason as well as bigger insurance pools.

    Similarly, one should pay for the items that are insurable. One pays to have a car replaced not to have one's oil changed.

    Yet the major improvement is Health Savings Accounts, whereby individuals save their own money to pay for care. Then we can use the power of competition to actually LOWER THE COST instead of shifting the payment with additional costs.

    Third parties are NEVER as careful with money as those who pay their own costs.
    Apr 19 05:11 PM | 2 Likes Like |Link to Comment
  • Keystone pipeline decision delayed again, likely until after November elections [View news story]
    Just like the IRS scandal, the decision process has been hijacked.

    If the decision was no, it can be appealed. Yet putting off the decision puts it in limbo where NOTHING can be done. Thus the punting on the decision is actually worse than saying no.

    Justice delayed is justice denied.
    Apr 19 09:08 AM | 18 Likes Like |Link to Comment
  • Obamacare signs up 8M [View news story]
    The GOP put out many ideas at the time, [and continue today] but the Democrats did not even allow discussion of those ideas. Further, they filled the amendment tree so that few could get voted on, and the few allowed they rammed down on party votes.

    The President held a "health summit" where he insulted Rep Ryan to his face and said "I won" end of story.

    Many of the "unintended consequences" were well known at the time.
    Apr 19 09:00 AM | 4 Likes Like |Link to Comment
  • Obamacare signs up 8M [View news story]
    change is not always reform.

    The best change would have been to let the market work instead of this Rube Goldberg contraption that even its proponents do not understand. The rules are still not in place after missing many deadlines.

    Yet the argument what is the replacement is a red herring. There were numerous ideas that were not even allowed to be discussed as the law was rammed through on a party line vote. Many of the "unintended consequences" were brought up at the time.
    Apr 18 12:46 PM | 7 Likes Like |Link to Comment
  • Obamacare signs up 8M [View news story]
    body counts - I have not heard that term in years since Watergate timeframe. Yet it is an apt analogy.

    Funny how the leftists also have taken on the IRS scandals. They want the US to be inward focused and leave our allies in the lurch.
    Apr 18 10:14 AM | 8 Likes Like |Link to Comment
  • Obamacare signs up 8M [View news story]
    8 million is the GROSS number

    - how many lost their insurance due to the law
    - how many have actually paid for it instead of signing up
    - how many have signed up for the Medicare that the states have to pay for
    - what are the demographics of the enrollees

    How many NET new folks have insurance that they did not

    After we find out the NET users, we then can turn to the COST

    - is the insurance as good as what they formerly had
    - what will be the effect on health care providers, hospitals
    - what is the effect on full time employment
    - how many folks have been changed to part time employment
    - how many folks have lost their jobs or not been hired
    - are the number and demographics of the enrollees actuarialy viable
    - what are the additional tax and regulatory burdens
    Apr 18 08:55 AM | 16 Likes Like |Link to Comment
  • GM to play bankruptcy card [View news story]
    another fine by-product of the Government take over
    Apr 16 07:16 AM | 1 Like Like |Link to Comment
  • Why Johnson & Johnson Can Be Prescribed For Most Investors [View article]
    You discounted ADP for other reasons, but the AAA club is now down to three firms. ADP got stripped of its credit rating when it announced the spinoff of its auto dealer unit.
    Apr 16 07:08 AM | 1 Like Like |Link to Comment
  • Eleven Senate Democrats push Obama to approve Keystone XL [View news story]
    It would be nice if the administration would do things in the NATIONAL interest instead of his PERSONAL interest.

    He is driving a wedge between our close allies, Canada in this case, and supporting our enemies interests. More cheaper energy is good for us, strengthens our relationship with Canada, and hurts Russia and the oil barons of the middle east.

    That 5 Democrats up for election understand the nature of the vote means that their interests are slowly changing from his also.
    Apr 10 03:06 PM | 6 Likes Like |Link to Comment
  • McDonald's closes in on triple digit return [View news story]
    one can only hope that the author means the return to the price of the stock to over triple digits

    - A close of over $100 could add to the excitement -

    Of course that title should read instead

    - McDonald's Stock price to return to triple digits -
    Apr 10 03:02 PM | Likes Like |Link to Comment
  • Top U.S. firms double amount of profit held abroad to avoid taxes [View news story]
    try just two policies

    Obamacare has a huge additional regulatory and cost burden on firms employing 50 or more people. Couple that with the immense about of UNCERTAINTY of exactly what is required, keeps many firms from expand. Indeed is a major cause to reduce full time employment as we have seen in changing people to part time work.

    The EPA alone is causing huge additional costs to finding and using new energy sources.

    I am sure that you can find studies that show how the recent "stimulus" effects of recent years have gone into favored accounts. The unions benefitted from the auto bailouts while the government lost $50 billion dollars in the process. We have not yet seen the full effects of GM recall after bankruptcy will play out.

    Yet crony capitalism is hardly to be desired.
    Apr 9 12:08 PM | 2 Likes Like |Link to Comment
  • Top U.S. firms double amount of profit held abroad to avoid taxes [View news story]
    One might want to take a look at the increase in regulatory burden as well as the tax complexity. It is not surprising that we have had the slowest recovery in the post war era.

    And the level of government spending is at record highs crowding out investment. Policies that depend on spending other peoples money should note the effect on those whose money is being spent. Socialism eventually runs out of other peoples money.

    Yet this article is about a true stimulus effect of what people might do with their OWN money instead.

    BTW on a site that is devoted to stocks, one might look how anyone buying stocks affects the stock prices for EVERYONE.
    Apr 9 11:50 AM | 3 Likes Like |Link to Comment
  • Top U.S. firms double amount of profit held abroad to avoid taxes [View news story]
    and you missed the point of the MULTIPLIER EFFECT on true stimulus on the economy.

    If all the evil rich folks do is put their OWN MONEY in the bank, the banks will lend it out to others for further investment. Or those evil rich folks could actually spend money and that will increase sales to others.

    Not to mention the largest ownership of stocks, bonds, etc are institutional firms, mutual firms, and retirement funds who act on behalf of lots of little people.

    Further, please read the point about the SHORT TERM nature of tax holidays, instead of permanent tax changes.
    Apr 9 11:17 AM | 2 Likes Like |Link to Comment
  • Top U.S. firms double amount of profit held abroad to avoid taxes [View news story]
    How terrible - returning money to the owners in dividends and buybacks. I suppose it should be be tagged to go to OTHER PEOPLE just like the socialists do with the tax money in the first place.

    Then that money must then vanish from the economy as owners are misers and put in it underground caves and there cannot be any multiplier effects.

    Needless to say a tax holiday, by definition, is short term at best and will not have the same effect as a permanent solution.
    Apr 9 10:07 AM | 2 Likes Like |Link to Comment
  • Top U.S. firms double amount of profit held abroad to avoid taxes [View news story]
    The ONLY way out is more taxes?

    Sounds like we have another example of a Laffer curve effect. Reduce the tax on keeping the money overseas, and you will have more money being repatriated.

    Further, as it would be the firm's own money, there would be a true stimulus effect. This would not be the crony capitalism that wasted so much of OTHER PEOPLE'S money and actually reduced the future standards of living.
    Apr 9 08:56 AM | 1 Like Like |Link to Comment