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Budget cuts, you're the President.
#11
RE: Budget cuts, you're the President.
(October 28, 2011 at 4:44 pm)Cinjin Wrote: Military budget gets nailed first. They would be allocated only 8% of what they receive currently. Yep, we'd be forced to end certain "wars" in certain countries ... too damn bad. Future increased budgetary allocations would only be considered if the continental US were directly attacked by an aggressive hostile force.

Cin, 8% wouldn’t even cover military retiree pay. DoD spent about $713 billion in 2009 including around $200 billion on the wars in Iraq and Afghanistan. Retiree pay for 2009 was about $73 billion. That’s a little more than 10% right there. That number is pay only. It doesn’t include healthcare costs.

http://www.slate.com/articles/news_and_p...udget.html
http://actuary.defense.gov/cfo2009.pdf

Quote:The CEOs of both Health Insurance Companies and the Pharmaceuticals would be lined up in the streets and shot on site for crimes against humanity. (this one I'm not fucking kidding about. They are COVERED in blood money and I would volunteer to do it myself) Reporting RECORD FUCKING PROFITS year after year after year!!! Mother fucking blood sucking cock smoking pieces of maggot shit!

Pharmaceuticals do earn large profits. The industry average is around 20% of revenue. That’s right below networking and communications equipment manufactures and Internet service/retailers. The health insurance industry doesn’t have huge profit margins though. While they do let people die by denying life saving services in some cases; earning huge profits is not something they are guilty of.

Health Insurance Profits

Rank Company Revenues %
1 UnitedHealth Group 3.7
2 WellPoint 4.1
3 Aetna 4.5
4 Humana 2.2
5 Cigna 1.5
6 Health Net 0.6
7 Coventry Health Care 3.2
8 WellCare Health Plans -0.6
9 Universal American 2
10 Amerigroup -1.1
11 Centene 2.4
12 Molina Healthcare 2
13 Medical Mutual of Ohio 3.1
14 HealthSpring 5.4

http://money.cnn.com/magazines/fortune/f...s/profits/
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#12
RE: Budget cuts, you're the President.
Cut drug war bull-shit funding.

Raise taxes on rich. 50% should do.

Cut defense budget for useless things, but not for soldier benefits or domestic aid necessities.

Do not go to war unless needed to actually protect domestic safety.

Take away laws claiming corporation to have all rights of American citizens.

Increase funding for education and intellectual advancement.

Legalize and tax all drugs.

Cut funding for useless programs, like women's rights activism programs.

-Das ist a short list, I'm sure a lot of you have great ideas too.

Quote:"An individual has not started living until he can rise above the narrow confines of his individualistic concerns to the broader concerns of all humanity. "
Martin Luther King, Jr.
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#13
RE: Budget cuts, you're the President.
(October 28, 2011 at 8:56 pm)popeyespappy Wrote:
(October 28, 2011 at 4:44 pm)Cinjin Wrote: Military budget gets nailed first. They would be allocated only 8% of what they receive currently. Yep, we'd be forced to end certain "wars" in certain countries ... too damn bad. Future increased budgetary allocations would only be considered if the continental US were directly attacked by an aggressive hostile force.

Cin, 8% wouldn’t even cover military retiree pay. DoD spent about $713 billion in 2009 including around $200 billion on the wars in Iraq and Afghanistan. Retiree pay for 2009 was about $73 billion. That’s a little more than 10% right there. That number is pay only. It doesn’t include healthcare costs.

http://www.slate.com/articles/news_and_p...udget.html
http://actuary.defense.gov/cfo2009.pdf

Quote:The CEOs of both Health Insurance Companies and the Pharmaceuticals would be lined up in the streets and shot on site for crimes against humanity. (this one I'm not fucking kidding about. They are COVERED in blood money and I would volunteer to do it myself) Reporting RECORD FUCKING PROFITS year after year after year!!! Mother fucking blood sucking cock smoking pieces of maggot shit!

Pharmaceuticals do earn large profits. The industry average is around 20% of revenue. That’s right below networking and communications equipment manufactures and Internet service/retailers. The health insurance industry doesn’t have huge profit margins thoughout. ADDED: They still consistently have HUGE PROFIT MARGINS. While they do let people die by denying life saving services in some cases; earning huge profits is not something they are guilty of.

Those stats you show are NOT across the board. Granted, neither are these, but implying that health insurance is barely getting by is laughable. Also, I don't see several major players on that list ... I wonder why that is?

Some of these on this list are up 12, 15, 20, even 47% from previous years and they are in the health insurance business. It equals hundreds of millions of dollars. And by the way, that's AFTER they pay the filthy lobbyists, politicians and lawyers their outrageous cuts.

http://money.cnn.com/magazines/fortune/f...index.html




As for the military's 8%, I was exaggerating how much they need to be cut, but I still wouldn't give them a dime more than 20%. Fuck 'em. Sell some jets, auction some tanks ... have a fucking bake sale! We don't need them and more importantly, we don't WANT them.
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#14
RE: Budget cuts, you're the President.
(October 28, 2011 at 10:17 pm)Cinjin Wrote:
(October 28, 2011 at 8:56 pm)popeyespappy Wrote:
(October 28, 2011 at 4:44 pm)Cinjin Wrote: Military budget gets nailed first. They would be allocated only 8% of what they receive currently. Yep, we'd be forced to end certain "wars" in certain countries ... too damn bad. Future increased budgetary allocations would only be considered if the continental US were directly attacked by an aggressive hostile force.

Cin, 8% wouldn’t even cover military retiree pay. DoD spent about $713 billion in 2009 including around $200 billion on the wars in Iraq and Afghanistan. Retiree pay for 2009 was about $73 billion. That’s a little more than 10% right there. That number is pay only. It doesn’t include healthcare costs.

http://www.slate.com/articles/news_and_p...udget.html
http://actuary.defense.gov/cfo2009.pdf

Quote:The CEOs of both Health Insurance Companies and the Pharmaceuticals would be lined up in the streets and shot on site for crimes against humanity. (this one I'm not fucking kidding about. They are COVERED in blood money and I would volunteer to do it myself) Reporting RECORD FUCKING PROFITS year after year after year!!! Mother fucking blood sucking cock smoking pieces of maggot shit!

Pharmaceuticals do earn large profits. The industry average is around 20% of revenue. That’s right below networking and communications equipment manufactures and Internet service/retailers. The health insurance industry doesn’t have huge profit margins thoughout. ADDED: They still consistently have HUGE PROFIT MARGINS. While they do let people die by denying life saving services in some cases; earning huge profits is not something they are guilty of.

Those stats you show are NOT across the board. Granted, neither are these, but implying that health insurance is barely getting by is laughable. Also, I don't see several major players on that list ... I wonder why that is?

Some of these on this list are up 12, 15, 20, even 47% from previous years and they are in the health insurance business. It equals hundreds of millions of dollars. And by the way, that's AFTER they pay the filthy lobbyists, politicians and lawyers their outrageous cuts.

http://money.cnn.com/magazines/fortune/f...index.html




As for the military's 8%, I was exaggerating how much they need to be cut, but I still wouldn't give them a dime more than 20%. Fuck 'em. Sell some jets, auction some tanks ... have a fucking bake sale! We don't need them and more importantly, we don't WANT them.

Sorry Cin. The list you provided is medical facilities, i.e. hospitals. Your original post said, "Health Insurance Companies." Health insurance companies do not make big profits.

http://money.cnn.com/magazines/fortune/f...index.html

As far as increases from previous years goes the largest on the list of top health insurance companies was number 9 Wellcare Health Plans. Their 2009 profit as a percentage of revenues was up 53% over 2008. Their margin was all the way up to 2.5%. Do you think a 2.5% margin is too much? How about number 14 Healthspring’s 5.4% margin? It’s the biggest margin on the list. Is that too much?

These health insurance companies don’t consistently report huge profit margin Cinjin. If you want to beat their CEO’s to death with a ball bat that’s fine with me. I’m sure most of them deserve it for something. Just make sure you’re doing it for the right reasons because the profits their companies are earning are not unreasonable.

Save a life. Adopt a greyhound.
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#15
RE: Budget cuts, you're the President.
(October 28, 2011 at 11:13 pm)popeyespappy Wrote: Sorry Cin. The list you provided is medical facilities, i.e. hospitals. Your original post said, "Health Insurance Companies." Health insurance companies do not make big profits.

As far as increases from previous years goes the largest on the list of top health insurance companies was number 9 Wellcare Health Plans. Their 2009 profit as a percentage of revenues was up 53% over 2008. Their margin was all the way up to 2.5%. Do you think a 2.5% margin is too much? How about number 14 Healthspring’s 5.4% margin? It’s the biggest margin on the list. Is that too much?

These health insurance companies don’t consistently report huge profit margin Cinjin. If you want to beat their CEO’s to death with a ball bat that’s fine with me. I’m sure most of them deserve it for something. Just make sure you’re doing it for the right reasons because the profits their companies are earning are not unreasonable.

popeyespappy, I did indeed read the link I posted incorrectly. Oops. However, my point is that the statistics that you are referencing are easily dismissed with other statistics from equally reputable sources. The health insurance business is making record profits, perhaps not across the board, but there are several major players that are not listed on that very condensed list you posted.

Please see this article to see my point. http://abcnews.go.com/Health/HealthCare/...id=9818699

Article Wrote:In the midst of a deep economic recession, America's health insurance companies increased their profits by 56 percent in 2009, a year that saw 2.7 million people lose their private coverage.

The nation's five largest for-profit insurers closed 2009 with a combined profit of $12.2 billion, according to a report by the advocacy group Health Care for American Now (HCAN).

The owners and CEOs of these companies have blood on their hands and I stand by what I said.
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#16
RE: Budget cuts, you're the President.
Budget cuts...In Turkey?
Or in America?
For my own country, I probably would not be able to cut anything. But I would try to stop corruption, since that accounts for the major losses in our economy today, and probably levy some more taxes, since I'd have to levy some more if I want to keep the current welfare system alive.
Free healthcare and free education were somewhat guaranteed back in the days, but the new "welfare" system that exists now is somewhat weird, as it does drain resources at a high rate, and the government is privatizing our national property more and more, and often sells it to foreign bidders.
I probably would take on debt to buy these back, no, budget cuts is not what we need, we need more money to spend.

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#17
RE: Budget cuts, you're the President.
Sounds like a shitty situation. Is everyone being sold up the river by their governments these days?
I am the Infantry. I am my country’s strength in war, her deterrent in peace. I am the heart of the fight… wherever, whenever. I carry America’s faith and honor against her enemies. I am the Queen of Battle. I am what my country expects me to be, the best trained Soldier in the world. In the race for victory, I am swift, determined, and courageous, armed with a fierce will to win. Never will I fail my country’s trust. Always I fight on…through the foe, to the objective, to triumph overall. If necessary, I will fight to my death. By my steadfast courage, I have won more than 200 years of freedom. I yield not to weakness, to hunger, to cowardice, to fatigue, to superior odds, For I am mentally tough, physically strong, and morally straight. I forsake not, my country, my mission, my comrades, my sacred duty. I am relentless. I am always there, now and forever. I AM THE INFANTRY! FOLLOW ME!
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#18
RE: Budget cuts, you're the President.
Yes..
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#19
RE: Budget cuts, you're the President.
Cut everything. Pocket it. Leave national debt. Live in Switzerland Smile
Please give me a home where cloud buffalo roam
Where the dear and the strangers can play
Where sometimes is heard a discouraging word
But the skies are not stormy all day
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#20
RE: Budget cuts, you're the President.
You haven't been to Switzerland, have you? Smile
I have, it's boring and the people really are dull, but on the plus side, it's fucking beautiful.
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