Source or link?

And are you referring to the seventies, or to the debacle the last four years or so?

Shoot, Captain, I made a mistake. I posted my reply to you, but somehow it made it on a post to Dobrien. Here it is again:

Sorry, I don't use Rumble, too crowded.

But I want to tell you there is a time for certain things to be done, and the time isn't here yet. As I said too many Lib/Marxist/Socialists running around still. Did you read my comment about how Obamma completely turned my mathematically proven 'advise' around?

Here's the post:

To explain the gutting of the American healthcare system, let me first explain that I worked in the industry in the 'eighties, researched and studied the situation, and due to my math background, as other wise persons also knew, realized what was happening.

And that was this: Providers---hospitals, clinics, and doctors---contract with the government, and private insurers, to discount prices and rates. The Medicare contractual was upwards of fifty percent off, and Medicaid up to 70% discount. Contracts with private insurers were not even close to those amounts. The upshot is that in order to stay in business, providers had to raise their prices to extra-governmental payors. So, in essence, private healthcare insurers were subsidizing Medicare and Medicaid. (Private pay was never contractualized.) Pretty easy to understand, right?

But as an unwilling 'advisor' to the government, at that time, I explained all this. Yet in his September 2009 speech to Congress, Obamma perverted the concept, actually twisted the rationale and reasoning, and said that private insurers were subsidizing Medicare and Medicaid. Which was evil itself, as it was anti-math and anti-reason.

But even more evil, and this is when I realized there was rottenness in this country, ALL OF CONGRESS stood up and applauded! Applauded the perversion of reason itself!!

9 Days Ago.

I don't want to give the adversary anymore ammunition than they need. It is true they are definitely feeling the loss and can't quite get up the logic or rationality to attempt to defend that loss. Yet. Better to keep them in the dark.

Here's how I explained it in January 2015 on another social media platform:

With the advent of Medicare/Medicaid Pay-As-You-Go healthcare plans, and therefore limited government funding (but unlimited government coercion), healthcare providers were forced to accept government contracts, where in some years government paid only 35-45% (Medicare) and 18-20% (Medicaid) of billed costs. Private insurance plans and contracts paid considerable more than that, up to 90% or even 100%, in the case of self-pay. As providers accepted more and more Medicare and Medicaid (grudgingly), the income they needed to pay costs, salaries and capital investment dwindled. To make ends meet, billed costs were adjusted upward, and obviously, healthcare insurers were bearing the greater burden of payments. Each year, then, with each negotiated government or private contracts, costs escalated, spiraled, actually. The end result is that private insurers subsidized Medicare and Medicaid payments. That is, insurers were paying the costs for Medicare-Medicaid patients, not government.

I tried explaining this to Socialist Obama, but in his now famous (or is it infamous) speech of 2010, he stated that Medicare was subsidizing private healthcare insurers. All of Congress then stood up and applauded. I WAS FURIOUS!!

What I'll always wonder: Did BHO intentionally turn the subsidy relation around, or is he simply incapable of understanding the economics of it?
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And then I added:
I believe that:
1) He doesn't understand, and
2) He wanted to believe the reverse.

And now, knowing more about the thinking of black folk than I did back then, I believe I was right: both are correct. The cause and effect relationship confused him, and he wanted to think capitalism was immoral anyway. In fact he believed I was immoral because I was a capitalist.
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To continue the original post of 2015:
So that the end result would be the installation of Socialized Medicine in America.

I told him, if Obamacare was passed, first insurers would go broke, then the government would go broke. I found out later that he wanted the capitalist insurers to go broke.

((Projection for these people is completely unconscious.))

And if you're trying to get information from me about certain things, I've told you there are too many Lefties and Lefty stooges running loose, many with their heads cut off, still.

You may be 'on my side', but you have little knowledge of either insurance, hedges, or the economy and finance.

Are you going to provide sources and links?

Yes, and it will be even more rare when I skedaddle. Which is going to be very soon. I have done my work, and the election is over.