Even More Obamacare Follies

#501
#501
VolsNSkinsFan said:
Twitter cost $400 million to build. This is supposed to be the largest website in govt history. Im thinking more like $2-3 Billion by the end of 2014
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I'm surprised Twitter cost $400 million. That wasn't the cost of the original launch was it? What all is included in that number?
 
#502
#502
DC_Vol said:
I'm surprised Twitter cost $400 million. That wasn't the cost of the original launch was it? What all is included in that number?
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they did two main tranches

Twitter Poised to Close a Two-Stage $800M Funding, With $400M Payday - Kara Swisher - Social - AllThingsD

JULY 20, 2011

In a move reminiscent of one done by Facebook in 2009, Twitter is close to completing an $800 million funding deal that will include a second part in which around $400 million of the total will be used to cash out current investors and also employees.
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Twitter Gets Their Venture Round | TechCrunch

1st investment into twitter was in 2007

t sounds like the company had a strong talk with investors about not disclosing the size of the round or any other particulars. No one’s talking, other than to narrow it down to betwen $1 – $5 million.
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$1-5 million to get it up and running, $400 million to get it worldwide, $400 million to the founders. I cant wait till it starts trading
 
#504
#504
VolsNSkinsFan said:
they did two main tranches

Twitter Poised to Close a Two-Stage $800M Funding, With $400M Payday - Kara Swisher - Social - AllThingsD



Twitter Gets Their Venture Round | TechCrunch

1st investment into twitter was in 2007



$1-5 million to get it up and running, $400 million to get it worldwide, $400 million to the founders. I cant wait till it starts trading
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OK - that $400M wasn't just for the development of the website.

Why excited about the IPO? How do you think they will monetize?
 
#505
#505
DC_Vol said:
OK - that $400M wasn't just for the development of the website.

Why excited about the IPO? How do you think they will monetize?
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$400 million was spent on development the other $400 million was spent on coke and strippers.

They already are monetizing. The company is worth $25 billion easy. FB should have been at $55 long ago, but the IPO was botched. Twitter and the NYSE aren't screwing this one up

Anyway the healthcare.gov website will easily cost 5x as much as twitter
 
#506
#506
“Most people are going to keep their own plan,” Axelrod said in a discussion with Senator Tom Coburn (R., Okla.). “The majority of people in this country — the vast majority of people in this country — are keeping their plan.”
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looks like Obamacare is evolving
 
#507
#507
Republicans oppose delay on healthcare fee

For your daily dose of irony, I present...

Republicans in Congress don't usually fight for tax increases, especially ones that are part of President Barack Obama's health care law.

But GOP senators balked when Democrats proposed delaying a new temporary fee on everyone covered by health insurance.

So employers, insurance companies and other health plan sponsors are in line to pay $63 a person next year for everyone who has coverage. The temporary fee covers all workers, spouses and dependents covered by health insurance.

...

The temporary fee on people with health insurance is designed to raise $25 billion over the next three years.


The money will provide a cushion for insurers from the initial hard-to-predict costs of covering previously uninsured people with medical problems. Under the law, insurers will be forbidden, effective Jan. 1, 2014, to turn away applicants who are ill.

...

Unions that operate multi-employer health plans also will pay the fee. More than 20 million union workers and family members are covered by such plans.


These unions and large employers argue that they shouldn't have to pay the fee because they won't benefit from the fund.
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(See the bolded)
 
#509
#509
I'm ok with the GOP supporting the taxes for all things Obamacare. It's not their law, and the worst that could happen is that we strip the funding for it and throw it in the debt pile.

I laughed more at the irony of unions not wanting to pay for benefits they don't receive.
 
#510
#510
Weezy said:
I'm ok with the GOP supporting the taxes for all things Obamacare. It's not their law, and the worst that could happen is that we strip the funding for it and throw it in the debt pile.

I laughed more at the irony of unions not wanting to pay for benefits they don't receive.
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This is the only thing Obama has stood up to the unions about. He probably had no legal option, but they are and have been po'ed at him.
 
#511
#511
Absurd that a male's cost in healthcare covers gynecologist. I suppose LG applauds that he's finally covered.
 
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#513
#513
Some health insurance gets pricier as Obamacare rolls out - latimes.com

Thousands of Californians are discovering what Obamacare will cost them — and many don't like what they see.

These middle-class consumers are staring at hefty increases on their insurance bills as the overhaul remakes the healthcare market. Their rates are rising in large part to help offset the higher costs of covering sicker, poorer people who have been shut out of the system for years.
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"It doesn't seem right to make the middle class pay so much more in order to give health insurance to everybody else," said Harris, who is three months pregnant. "This increase is simply not affordable."
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"She said, 'I was all for Obamacare until I found out I was paying for it,'" Kehaly said.
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Article got over 26,000 likes on Facebook, but tell me more about how the Republicans are losing
 
#516
#516
@vj44: FACT: Nothing in #Obamacare forces people out of their health plans. No change is required unless insurance companies change existing plans.
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Not being received well in the twitterverse
 
#517
#517
The White House knew that beteeen 40-67% of *individual* policyholders would lose their current insurance because those policies do not meet the ACA criteria since 2010 per NBC report on Morning Joe.
 
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#518
#518
Gramps said:
The White House knew that beteeen 40-67% of *individual* policyholders would lose their current insurance because those policies do not meet the ACA criteria since 2010 per NBC report on Morning Joe.
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Are you serious gramps?

If so, this madness has got to stop
 
#519
#519
Obsessed said:
Are you serious gramps?

If so, this madness has got to stop
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Yes, serious. It is now public the White House has been misleading the Ametican people about this since 2010.

Obama has said many times if you like your policy you can keep it, while knowing that was not true.
 
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#520
#520
Gramps said:
Yes, serious. It is now public the White House has been misleading the Ametican people about this since 2010.

Obama has said many times if you like your policy you can keep it, while knowing that was not true.
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Thanks for the update gramps.

Something had to be done with this administration.
 
#521
#521
Obsessed said:
Thanks for the update gramps.

Something had to be done with this administration.
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It may be hitting. Sen Feinstein is po'ed about the NSA surveillance program and speaking out against it. Appears some Dems have had enough of his BS.
 
#523
#523
Gramps said:
Yes, serious. It is now public the White House has been misleading the Ametican people about this since 2010.

Obama has said many times if you like your policy you can keep it, while knowing that was not true.
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which had been said from the beginning. There was absolutely no way for him to be correct with that statement given the new plan requirements. Sad that so many people just believe everything they're told and are shocked when a politician lies directly to their face. Unfortunately this time it will cost them dearly
 
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