Warren Buffet Tells Barack Obama to Re-Write the Health Care Bill


Barack Obama and the MSM were quick to report that financial guru Warren Buffet was on the side of Barack Hussein Obama. How come we do not hear more of the fact that even Warren Buffet thinks Obamacare is a disaster?

Warren Buffet told Obama to re-write the health care bill. Not jsut add things to it that Republicans want, but to start from scratch. Buffet calls for plan C.

Warren Buffett came out against the health care bill today, essentially echoing the Republican position that the administration should scrap the current bill and start over. Buffett, a longtime Obama supporter, told CNBC the current health care system is “like a tapeworm eating at our economic body,” with costs that are “really out of control.” He added, “Unfortunately, we came up with a bill that really doesn’t attack the cost situation that much.”

Buffet appears to agree with Republicans, Independents and a majority of Americans who say … scrap the bill and start over from scratch. Buffet realizes this bill will bankrupt America.

Barack Obama is supposedly going to unveil a smaller version of his failed Obamacare plan on Wednesday. It is obvious that this will be a window dressing version of what Republicans really wanted in health care reform. It is also obvious that Pelosi and Obama are getting desperate to pass anything because they don’t have the votes.

So in the end Obama will provide America with only have a crap sandwich, instead of a full one.  It’s not just about what you add, its about what needs to go. It is also becoming apparent that this bill will not be able to pay for itself without using fuzzy math.

If you liked this post, you may also like these:

  • Obama Bipartisan Health Care Talks … Pelosi Aide Admits Summit is a Trick
  • Barack Obama’s Secretary Paid Higher Tax Rate Than the One, But the Question Should Be Why … Also, Obama Does not Even Qualify for Buffet Rule
  • Republican Minority Leader Boehner: Climate bill a ‘pile of s–t’ … If the Crap Fits … Cap & Trade
  • Warren Buffett’s Annual Letter Says Berkshire Hathaway Received $29 Billion From New GOP-Trump Tax Code
  • Daily Commentary – Wednesday, July 22nd, 2009 – Health Care Smoke and Mirrors … Obama Not Familiar with Health Care Provisions

  • Comments

    22 Responses to “Warren Buffet Tells Barack Obama to Re-Write the Health Care Bill”

    1. Michelle Smith on March 2nd, 2010 3:07 pm

      I am in agreement with scraping the whole thing and starting over however, the main concern at the moment needs to be the economy. We don’t need the government wasting anymore money.

      The healthcare we have now isn’t perfect but it works. Worry about healthcare after the economy gets back on track. People are loosing their homes and everything they have worked for their whole lives. Do you think they can afford healthcare at this point? As it stands right now, I don’t believe anybody has been refused treatment in an emergency situation based on whether or not they have insurance. Yes, those of us who do have insurance are footing the bill for those that don’t BUT this healthcare bill they are trying to force down our throats isn’t the answer. It is impossible to insure every person living in this country. There are too many without jobs. Who is going to pay for it? The same people who are already paying for it but on a much larger scale. How is that supposed to help? The majority of people who work for a business already have coverage provided by their employer whether it is deducted from their checks or paid for by the company.

      We need a system where insurance companies work with doctors on what is a reasonable rate and work with the patients who cannot afford to pay up front or out of pocket at the time of visit. Set up a payment plan. Prescriptions need to be affordable for those on medicare and medicade and those without insurance. Regulate the insurance companies so that people with pre-existing conditions can still receive coverage and limit the amount of claims that can be turned down for each insurance company. They are in business to make money not provide free healthcare but they can and should work with doctors and patients.

    2. super dave on March 2nd, 2010 3:32 pm

      all this health reform the democrats are (forcing) on us is bull$hit. they care nothing about our wellbeing.
      the government is going to make a ton of money off the taxpayers with this scam. the service will be worse and medical care will be what is is in britian now. dirty needles and blood on the floors. old bedridden people forced to drink dirty water from flower vases because of the lack of interest and the patient load.

    3. Sanny on March 2nd, 2010 5:37 pm

      While BO was having his medical check-up did the doctors check his ears to see why he doesn’t listen to WE THE PEOPLE???

      It looks like he has to do it HIS WAY…..

      keep it up BO…….we will have OUR WAY sooner than you think…..

    4. flippy on March 2nd, 2010 6:12 pm

      For those that don’t really pay attention to the cost of the healthcare this is a key point in why the health system in this county is broken.

      The doctor will bill (typically) $180 for a visit. The insurance company will respond to the doctor and say “We are BCBS, and you have a contract with us, so we are reducing your bill to $80″. Now, the insurance company pays the doctor $45 and you pay $35(co-pay) and everyone sleeps well that night.

      Except the person with “bad” insurance. They pay their premiums and they think they have coverage, but they don’t have a rate negotiated with this doctor, and they only pay 50% of “reasonable and Customary” which they decide is $60 (because they get to decide whatever they want here). In other words, the insurance company pays $30 and you pay $150.

      Same visit, same care…in fact the visit was long over before cost was even decided.

      Ad then their is the person without insurance. They pay $180. Why?

      Think about it.

      Why should the manner in which I pay (Cash vs. insurance claim) make a difference in what a doctor charges? If anything, the insurance claim should be FAR MORE expensive than cash, as that option requires time of the doctors staff.

      That’s what is broken. I can’t think of anything else that we purchase that we have NO IDEA what the bill is going to be until well after we have walked out of the door. There should be a standard medical pricing for all procedures. An office visit with a urologist should have a standard price. It should be mandatory that insurance recognize that price (or higher) or that policy should not be allowed to be sold. If doctors want to charge more, they should be required to publish the deviations from this list before they see the patient.

      Note: let the doctors charge what they want, they just have to be upfront about it.

      A health bill needs to start here.

    5. J.Jay on March 3rd, 2010 6:29 am

      I am starting to agree that he should just have rammed it through. Just like Bush.
      Make bipartisan amends later.

      All this talking to Reps only fueled their strategy of just sitting there and blocking. Saw that senate session with Jim Bunning? One guy stubbornly refusing consent to a bill reps and dems had agreed on? Investing a few hours in destroying existances in a tough economy. That self important bastard. Then he talked about missing a damn game. I don’t even want to know what else died because of the time he wasted.

      One guy clogging the government.

      This country is (edit) up.
      SM: You do realize that it was the people who blocked the Dems on health care and not the Republicans, right? This all started with the Tea Party and the Town Hall meetings where the people voiced their outrage. Republicans had to be dragged into this.

      Dude, how do you explain a bill that even Democrats will not pass? They have to be bought off to vote for it.

      This is a piece of crap legislation and every one knows it. Obamacare represents the worst of politics. Being bought off for your vote and tax payers of other states have to pay for these corrupt deals made in others.

      I am all for health insurance reform; however, keep one thing in mind … its called insurance for a reason. There is a risk involved.

      Just a hunch, but I think maybe I might just know something about this seeing that I am a health care consultant. Lowering costs only work when all people have skin in the game. HSA’s are the way to go, they have worked every where they have been used.

      As for Bunning, Heaven forbid we actually pay for the continuous spending of this socialist administration. Why can’t the $’s come from the stimulus package? It would be a better use of the money that the scams and fraud that they have previous spent the money on.

      Just curious? How long should some one get unemployment benefits for? Ya think 2 years is enough to find a job? It would appear to me that any one who went two years was not trying to find a job but waiting for the job to find them.

      Sounds harsh, but people are supposed to be responsible. Get out and change your careers and location. Go to where the hiring is. Travel, do something. The days of sitting on your butt and waiting to get a job like the one you might have lost are long over.

    6. super dave on March 3rd, 2010 8:12 am

      i would rather pay my doctor twice the amount than to have my paycheck taxed to support or (subsidize) a bunch of minorities and illegals that do nothing to support this country but lay around and bleed the government.
      it’s not about our health, it’s nothing more than reparation for the minorities.

    7. katablog.com on March 3rd, 2010 9:21 am

      I understand comments about pre-existing conditions, but look at the other side – if the Insurance industry exempts pre-existing conditions, few will buy insurance. Insurance means placing a bet against your future needs. No pre-existing conditions would be like no insurance until your house is on fire, then you call the insurance company.

      I also agree that individual payers should get the same rate as insurance companies. It’s crazy that one person gets seen by a doctor for $60 and the next pays $180. The doctor does the same work in both cases.

      One big problem on health care costs are all the mandates for hospitals and doctors to take illegal aliens and provide “free” health care – it ain’t free, it’s merely free to the receiver. The rest of us pay.

      The American people are the ones who pay and receive the health care monstrosity being pushed through Congress. We the People should be heard and our voices should dictate what we want. The majority of Americans are against the bill Congress and BHO (who will be exempt from this brand of health care) insist on ramming through against our will.

    8. super dave on March 3rd, 2010 9:43 am

      What we are witnessing here is an absolute abuse of power by obama and the criminal democrats. obama will not rest until he creates a European welfare state so he can call himserlf some kind of supreme ruler or whatever his small brain has led him to believe that he is.
      he already has the mindless, non working, non tax paying followers for subjects.

    9. Evan Falchuk on March 3rd, 2010 10:21 am

      Warren Buffet is wrong.

      We’ve been focused on controlling costs for decades.

      It’s turned health care from being about how doctors and patients can work together to get the best out come to being about how we can stop them from spending money.

      It’s a mistake, and it’s causing the problems with quality — and, ironically, cost — we see today.

      More here: http://bit.ly/9qC3Xs


      Evan Falchuk

    10. flippy on March 3rd, 2010 12:35 pm

      Katablog -

      Yes, but the other-other side to pre-existing conditions clauses is this scenario.

      “Mary” has a job at a small company and medical insurance. Pays the premiums and is generally healthy except she feinted once a couple of years ago and the cardiologist noted seriously low blood pressure. She also broke her leg badly a couple of months back and goes to physical therapy every other week and probably will for the next 4 months. She has worked for the same company for 10 years (duration >1 year is irrelevant). Her share of the premiums is $250 and her employer picks up the other $1000 per month (typical PPO family coverage)

      Now Mary loses her job. For the sake of argument her employer declares bankruptcy.

      Now the next part varies from state to state, but in the state of Florida companies of her size do not administer COBRA but there is something called mini-COBRA where she can continue her coverage for 18 months at 110% of the previous cost. So, she can keep her coverage for $1375 per month (up from $250 from her perspective).

      Or, she could individual insurance and pay a bit less, but her heart condition is not insurable, so if she suffers any cardiovascular problems she won’t be covered (at any cost). This is not even considered a pre-existing condition, this is simply “NOT COVERED”. The PT for her leg is a “Pre-existing condition” so they will give her insurance for future broken legs, but the rest of the PT is on her dime.

      Unless of course she finds a new job with group coverage, in which case there are no pre-existing exclusions and she will be covered for both…..

    11. super dave on March 3rd, 2010 2:53 pm

      so what do the middle class do ? obama has admitted that they will be stretched to even afford his plan. in my opinion, it’s worthless if a group cannot afford it.
      he’s only catering to the minorities and illegals without caring whether the middle class taxpayer will even be able to purchase this insurance.
      the middle class carries the weight of the country on it’s shoulders now. and to top it off, you will be forced to carry insurance ? ridiculous.

    12. brie. on March 3rd, 2010 5:31 pm

      Was watching CNN…the hospital charged a patient a $1,000 for a toothbrush, also gave other outrageous examples…they said the insurance company will pay a claim for up to a $100,000.00 without even looking at the bill….that is a big problem, insurance companies don’t even pay attention to the claim and what is begin billed…this also increases your health care premiums….just raise the rates on the insured….

    13. brie. on March 3rd, 2010 6:23 pm

      New photo of Bin Laden on CNN, another finger pointer and a resemblance to Obama….

    14. brie. on March 3rd, 2010 8:43 pm

      Saw a video of Obama eating at a southern restaurant in Savannah, Ga….menu was southern fried chicken, mashed potatoes, sweet potatoes, mac and cheese, creamed corn, green beans, biscuits and gravy, etc…..So much for chlosterol….He told the press, “Don’t tell Michelle…I’ll be damned if he didn’t have to point his finger across the table from someone…meanwhile, Michelle was in Mississippi lecturing on her crusade for obesity….wonder how much the whole trip to Ga cost us…..

    15. brie. on March 3rd, 2010 9:03 pm

      We The People know what we want and have made it quite clear, and it isn’t Obama’s health care reform bill…he said he will make some alterations but will not scratch the bill and start over…he is so defiant…so I guess passing the bill means, it ain’ta gonna happen….!!!! Neither is his re-election…!!!

    16. Dolf on March 4th, 2010 6:48 am

      personaly I think that healthcare should not be left to companies who’s aim it is to make profits or that those companies are thightly regulated.

    17. super dave on March 4th, 2010 8:12 am

      obama needs to stop the hospitals from overcharging. this is your main problem. hospitals are one of the most corrupt businesses
      on the planet. they charge for pillows, blankets,one bandaid and you pay for the whole box. one tylenol and you pay for the whole bottle.
      you get raped moneywise by the hospital before you even set foot in a room.
      this is the reason insurance companies raise their rates. this can be fixed without health care reform. this reform bill is nothing more than a giveaway to the minorities and illegals with our tax dollars footing the bill.

    18. super dave on March 4th, 2010 9:53 am

      did you notice all the fake doctors obama had surrounding him during his last teleprompter broadcast ? those lab coats must have cost us a fortune.

    19. brie. on March 4th, 2010 10:10 am

      Obama is a dictator, you feel like your under communist control…latest news today is that Obama is firmly rejecting calls from Republicans to draft new legislation from scratch. He is demanding an up or down vote and said Republicans can’t kill the bill with mere talk….Republicans and Democrats both aren’t in support of this….what is wrong with this idiot, why does he insist on getting his own way knowing it isn’t what America wants and is definitely not a solution to the health care issues…..he is on a mission to destroy the US….it’s overdue time to put a stop to this madness, he is out of control…I bet he is still under the influence and thinking of Rev Wright to spew hatred for Americans and destroy….!!!!!

      Read an article that Michelle is fuming and fighting over the after midnight calls that he makes to Oprah, she said I am his wife, not you. She didn’t want to do the Christmas interview with Oprah but Obama insisted…poor little Bo, with all the disturbance in the White House, he is probably having control problems, well, who’s cleaning up the mess he made today…!!!!

    20. brie. on March 4th, 2010 12:06 pm

      What about illegal immigrants, does he want those covered too…seems like he didn’t have a problem with his illegal immigrant aunt, which we well knew about, he is the lowest of all life…did a thorough background check on anyone he was going to put into his administration, except for himself, the biggest offender of all…

      I can see helping the poor people that have worked and struggled all their life but paid their own way but I can’t see offering health care to those that have sat on their fat butts and never worked a day in their life, just lived off the system, this is the Obama way…

      I bet Michelle ripped and reamed him a new one for eating that fried chicken while she was campaigning for obesity..always a smack in the face from him…it’s always about Obama and what he wants…!!!

      I wonder how much time he spends on his basketball court and not in the Oval Office…I recall him overseas when he had the opportunity to visit our wounded troops in Germany. He wasn’t permitted to bring in his cameras so he played basketball instead…what a heartless, uncaring creature…

    21. George on March 6th, 2010 10:56 am

      This is so awesome! The insurance companies have fooled everybody into thinking they’re going to make more money if the reform bill passes. These guys are geniuses. They’ve not just spent, but INCREASED lobbying dollars by $500,000,000 in the pass nine months in opposition of health care reform all for the good of the American people. These health care lobbyists are brilliant. I saw somebody mention health care reform would be handing them a shit sandwich, well, you should think it tastes great because you’re eating one now from the insurance companies and you want to bite the hand that tries to take it from you.

    22. Super Dave 2.0 (the non-redneck version) on March 24th, 2010 9:06 pm

      I’m glad George posted–just hope everyone got it. Ignorance always eats out of the trash and resists change.

      Something like 18 out of 20 posts are regurgitation of misinformation. Anyway who has paid any attention to details of the bill or what went down in the discussions can debunk this conversation. Even the Tea Party fan has forgotten that Fox started the hype with talking points and spin that the Tea Party then used. And…SHOCKER…Fox was the first to cover Tea Party gatherings when they were small. So where is the real propaganda machine?

      Wish people would stop watching 24 hour news networks anyway because they are all sensational and breed conversations like this– no information, just slander.

    Leave a Reply

    Support Scared Monkeys! make a donation.

    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
    E-mail It