The Bright Side To ObamaCare?

Paging… Dr. Obama?

For everyone that is either groaning or that is pleased with the way  ObamaCare is slowly panning out, there may be a bright side that hasn’t been considered before!

A new study claims that our medical device market will continue to climb to an estimated $10 billion because of ObamaCare! Why is that good news? Economic stimulation from the medical side. The only way our economy booms is if money changes hands. Everyone wants to continue to invest in preventative electronics: pedometers, scales, blood meters, etc. That in itself is great news. People want to stay healthy and want to prevent themselves from getting sick. A major reason for this preventative approach for health is due to rising costs of medicine and doctor’s visits. So yes, we are all money conscious, but why would that be a bad thing?

This brings me to the second bright side; the cost of our future ObamaCare. It may be cheaper and better than your current insurance program. In fact, Forbes has recently posted an article explaining that insurers’ have guaranteed and promised ObamaCare will be competitively priced. That is good news, as affordable healthcare is in everyone’s best interest, especially those that are often sick and cannot afford a quality health care plan.

Related: ObamaCare and the 49-Employee Company

A couple more positive points to take away from ObamaCare:

 1 in 2 Americans have a “pre-existing” condition they could be denied health insurance for. ObamaCare chips away at pre-existing conditions until 2017 when there are no more pre-existing conditions for anyone, including high-risk customers.

ObamaCare requires that all insurance plans cover preventive services and stops insurance companies from dropping you when you are sick, as well as offering a number of other reforms and protections.

Not to mention, it may help balance the ever increasing and outrageous medical costs of hospitals and health services. Because, lets face it, if something doesn’t start harassing the medical/healthcare world, we may as well start taking out loans to help with the ER visits and the yearly health checkups.

Related: A Case Against Gun Control

Along with the good, why not a couple bad speculative points apparent from where I stand:

  • Most likely it will make private insurance go up and cover less to account for the “competitive” price of ObamaCare.
  • It most likely will cause a huge hit on the government’s budget and spending.
  • Lower middle class and middle class will be most heavily affected out of all the classes, but when isn’t this the case?

All of the above is pure speculation on good and bad points, I suppose, as it is not 100% clear how everything will unravel yet.  Uncertainty is especially present with constant updates and changes being made before that January 1st deadline when everyone in America will have to have insurance or an exemption of some sort to avoid fees. But what about those illegally staying in America, those that have not yet become citizens, or those that are vacationing in our country? Will we turn away dying people from hospitals? Will uninsured people involved in life threatening incidents be refused? Let’s not forget our morals people.

Cheers to long healthy lives!



Forbes: New Study Says ObamaCare Will Boost Consumer Medical Device Market to $10 Billion

Forbes: ObamaCare Will Be Price Competitive To What’s On The Market, Insurers Say

ObamaCare Facts

Wondergressive: ObamaCare and the 49-Employee Company

Wondergressive: A Case Against Gun Control


For those that want extra research for themselves here is an extended Obama Care Summary:

United States’ Taxes, Spending, Graphs, and No Pie Charts

April 15th, the IRS’ tax filling deadline, is right around the corner regardless of whether or not you straight up love taxation. With the looming government-sponsored-khaki-bag-with-a-superimposed-$-on-it (©Wondergressive 2013), one cannot help but wonder what all of our money is spent on? Or better yet: Where does the United States’ government say that it goes?

Lets begin, continue, finish, and be confused with the numbers. As 2013 taxes have yet to be collected, I’ll be examining the collected tax statistics for 2011. From the 2011 IRS Data Book:

So after tax collections and refunds, the US government scored a wicked  haul just over $2.4 trillion. Sounds like a lot of money? Well that is primarily allocated to the fact that that it is a lot of money. You could buy so many flapjacks with $2.4 trillion, it is ridiculous. Unfortunately, there has been no fiscal policy, to date, which allows for such lumberjackian-breakfast style accommodations(©Wondergressive 2013).

Aside from selling treasury shares which collect huge amounts of interest, tax revenues are the only way in which our government gets money. So every paycheck you give money to the government in exchange for a service. Do you like the results that you’re getting?

Now that we know how much money the great tax vacuum inhales every year lets examine the federal budget spending (outlays in billions of dollars) for that same year:

As you can see, the majority of spending is divided between discretionary programs and mandatory programs. Social security, medicare, medicaid, and other programs received approximately $2 trillion dollars in government spending. Great, we’ve got around $400 billion left! Lets spend it on some cool stuff that will make us all happier.

Right away we’ve got a problem: The defense budget is allocated almost $700 billion. That’s 30% of 2011 total collected tax revenue.

The non defense budget consists of another $600 billion dollars. According to an article from, nondefense discretionary programs include

…nearly all of the federal government’s investments in primary and secondary education, in transportation infrastructure, and in scientific, technological, and health care research and development. It also includes nearly all of the federal government’s law enforcement resources, as well as essentially all federal efforts to keep our air, water, food, pharmaceuticals, consumer products, workplaces, highways, airports, coasts, and borders safe. It includes veterans’ health care services and some nutritional, housing, and child care assistance to low-income families. It even includes the funding for such national treasures as the Smithsonian Institution, our national parks system, and the National Aeronautics and Space Administration, better known as NASA.

In lay speak that means: all of the neat stuff.

Next on the list comes the net interest. $230 billion dollars of interest was accrued by previous treasury bonds. In the unlikely case that you are completely unaware of debt and its practice; interest accrued is a compounding tax on borrowed money. It acts as incentive for borrowers, giving them a payout for “helping” a country in need. As the U.S. general public holds $11,855,687,948,374.48 in debt, I’ll spare you any more ironic explanations of debt.

Wait a second. Wait just one second. In 2011 the U.S. Government spent approximately $3.6 trillion. The tax revenue accounts for approximately 67% of that money spent. So, as I stated earlier, the other 32% must come from treasury shares. That means that almost a third of our 2011 spending was covered by a pseudo-credit card.
So who all helped finance our deficit? The chart to the left shows the amount of money, in billions of dollars, that the united states owes to various countries and companies.

China and Japan rake in the most with a combined $2.1 trillion. To put that into perspective that’s almost the entire collected tax revenue for 2011. An entire year of hardworking laborers would just barely be able to pay off these two debts. This is assuming that the United States spends absolutely nothing on anything else.

So, when you hear about congress and the president running around every year trying to figure out a budget, you now have a better understanding of what the heck they are actually doing. Every person has a different idea of what the United States budget should be and when there are outside interests holding gigantic stakes there is absolutely no easy way to get out of this.

The best way to fix anything is to start small. A billion dollars here a billion dollars there. It might be an idea to start turning off the white house bowling alley an hour earlier each night.

Treasury Securities
ondefense Discretionary Programs
National Public Debt
2011 IRS Data Book
2011 Budget Summary Tables

Related From Wondergressive:
Open Access Journals Suddenly Open to the Public
ObamaCare and the 49-Employee Company

Money, Designed to Fail: In The Federal Reserve’s Grip

federal reserve

Batman The Dark Knight fighting the federal reserve?

Some subjects, at first glance, can be so overly daunting that even bright minds will, with glazed eyes, decide richer intellects are more capable and shrug the issue off into apathy.

For example, the Higgs boson, discovered back in 1964, is a subatomic particle so significant it may explain the very nature of existence itself, a penultimate ambition if ever there was one, yet its existence remains widely unknown nearly 5 decades later, because to fully understand the ramifications requires at minimum the knowledge gained through a PhD in theoretical physics. Also, binaural beats, discovered by Heinrich Wilhelm Dove in 1839, are sounds that, when heard, can literally induce nearly any state of human consciousness, including theta meditation, tryptamine psychedelia, and even localized paralysis with no anesthesia.

The debate on topics of this magnitude are fiercely heated, yet, unfortunately, they are held in arenas sparsely populated by a scant collection of fringe scientists and an infinitesimal handful of scholarly spectators, well outside the realms of normal societal debate. This, as I’m sure you’ve noticed, is the state of most key intellectual issues: Only the highly versed may stake a claim, and the general public offhandedly writes them off as overindulgent lunatics. However, with the massive popularity Ron Paul sparked these last 2 election cycles and the thriving Occupy Wall Street paradigm, one such momentous issue has moved from the relative obscurity of the PhD economist realm to the forefront of societal debate. This monumental issue is the abolishment of the United States Federal Reserve and, moreover, the ubiquitous zeitgeist that allows economic establishments of that nature to flourish as an international norm. Setting aside faith and politics from the holy triumvirate of taboo discussion topics, we can take a comprehensive look into money and the colossal flaw in the supposed root of evil that makes the world go round.

According to some of the forefront theorists in economics, the core issue of central banking’s nature lies in three highly interwoven rudiments: the United States runs on a fiat currency, the Federal Reserve is a private institution, and the national debt compiles interest.

Great, why do I care about the Federal Reserve?

Firstly, the massive and seemingly high-brow topic of international finance, with its overwhelming abstruse jargon, appears to be a megalithic realm of study to digest, however, when the terms are properly defined, the ideas are quite clear; of all the technical terms flippantly bandied, “fiat” is arguably the most important. A fiat currency is the antithesis of monetary stability, because all substantial elements have been removed.

This means there is no gold standard to back a fiat bill’s worth, nor silver, crops, textiles, stocks, bonds, futures, or any other physical medium whatsoever. In our current fiat system, money is valued exclusively by the faith of the public that the money has value, meaning dollars are worth something only because people accept them as an exchange medium through ignorance of its insubstantiality or by force through legal tender laws, and, therefore, it is subject to the whims of public opinion for its foundation of stability. With nefarious intentions or not, in 1913 Congress repealed the gold standard, leaving the fate of the forefront global empire at the whims of an elite troupe of financiers to dictate.  To this day, a contemporary aristocracy of money changers governs humanity’s prosperity through sheer managing of the supply of fiat currency, thus directing the fluctuations in cycles of the species, and this raw colossal power is motivated by several individual’s personal agendas. I say several individuals because, contrary to popular belief, the Federal Reserve Bank is not a government agency.

Wait, doesn’t the government make my money?

Nope. Much like Best Buy or Microsoft, the Federal Reserve is a privately owned system with shareholders spanning the globe and a foremost vector at profit. It is not, in fact, a part of the government, as the name implies. While the private Federal Reserve System operates utterly fiat, the epitome of disastrous fiscal policy, and being above state legislation, it pulls the strings of D.C. with a singular colossal unregulated power.

Let’s take a look at a simplified example: The government needs to fund a war. Instead of raising taxes, jeopardizing reelection, congress turns to the Federal Reserve central bank – the privately owned company operating outside the jurisdiction of U.S. law requesting a loan of, let’s say, three hundred billion dollars. As Federal Reserve notes are simply printed sans backing, as we’ve already seen, the lower classes are left paying for this new money’s manifestation through a hidden unregulated tax. Most know this tax as inflation. When more currency is printed, the current money loses value to compensate for the unaltered total substance on the market.Now the security that the government supplies on these loans is nothing less than the future taxable effort of the citizenry, indebting future generations into an unsanctified bondage for the sake of instant gratification. This is a hierarchical manifestation of our current credit card culture (link NSFW). Furthermore, notice the inscription at the top of any bill, “Federal Reserve Note,” detailing how that dollar actually denotes a liability, because in truth, every bill circulating is a promissory note to the overarching Federal Reserve, so every bill is worth less than worthless – negative value – and this amassing of loans is the national debt.

Okay, then what’s the National Debt?

this is the last point, and arguably the most outrageous. As opposed to being wealthier, the possessor of U.S. currency of any denomination is indebted to the Fed, lien-holder over every last cent, for the stated value, and this circulating supply of paper constitutes the national debt. The national debt and the currency we trade at market are one in the same, because the national debt is our currency.

Furthermore, the paramount issue is in the interest the Federal Reserve charges on this unsecured debt; this is the supreme crux of the matter: the Federal Reserve charges interest.

The initial loan the state takes out is the entirety of the circulating money supply, so imagine this parallel situation: A man loans a friend his car but decides to charge interest and demands an extra ten percent of his car as payment. Clearly, that would be obtuse nonsense as only the totality of the car, or money supply, exists. That means the interest can absolutely never be paid, because it is not real. Inflation only occurs when central banks increase the money supply, thus the interest can only be discharged by securing yet another loan ad infinitum. Let me see if I have this right: The only way interest can be paid on the national debt is by borrowing more money from the Federal Reserve, but that further increases the national debt, and that new money will also have interest that can only be paid by borrowing even more.

When will it end?

Never. It can’t. Worse still, in this paradigm, repossessions, foreclosures, and mass-joblessness are not only likely, they are completely inevitable. Forefront fiscal thinkers have predicted many of the economic problems of the day, sometimes years before they are widely obvious because once the mechanics are understood, the endgame is clear. With a substance-backed money system, as commerce runs, dollars change hands but the same core amount of money is always at play. Contrarily, with the interest-bearing fiat currency being embraced by the majority of the industrialized world, money is continually siphoned out to pay an interest that can never be paid. Today, if one man works hard and successfully discharges his mortgage, another man, somewhere, absolutely could not have. It is a zero-sum game that only the central bank can win.

In any socio-economic climate a natural ebb and flow carries every individual into their rightful spot in civilizations’ hierarchy, but in a privatized interest-yielding fiat system, this order is dismantled. The committee that decides the rates holds every card, fixing the deck to whatever devices it sees fit. This methodology supersedes the democratic republic our forefathers envisioned when, as farmers and peasants, they undertook to sever the lecherous ties of the mightiest empire in the world, Great Britain. In a time of such surplus that every man woman and child could be fed clothed and housed ten times over, it is not a matter of greed or redistributing wealth, it is a question of structure.

The ideal of America, the Dream, is that anyone, anywhere, can pick themselves up by the bootstraps and be a success if they have the gall, the tenacity, the die-hard spirit to see that ambition through, but so long as we have a central bank, there will always be a destitute serfdom, dreaming of one day owning a home, retirement, or passing on a legacy to their descendants, ultimately, by the sweat of their labor, only to spoon-feed that dream directly to the Fed.



Higgs Boson

Binaural Beats

Campaign for Liberty: Ron Paul

Huffington Post: Occupy Wall Street

Forbes: Fiat Money

Library of Economics: Gold Standard

Ron Paul on Legal Tender Laws

Who Owns The Federal Reserve?

Alan Greenspan: Federal Reserve is Above The Law

Inflation Tax

George Carlin: Credit Cards

Promissory Note


Paul Ryan: “School? Get a job! In fact get three!”




According to Paul Ryan, the until now unheard of fifth horseman of the apocalypse (riding a red, white and blue horse representing poverty), students should stop asking for rational and affordable tuition costs and instead work extra jobs.  Three jobs to be exact.

According to Ryan the Pell Grants which provide millions of low and middle class students up to $5,500 toward tuition per year is no longer sustainable.  What Ryan believes is sustainable though is billions in tax breaks for big oil companies,  billions of tax breaks for income on investment dividends, tax breaks on corporate jets, as well as tax breaks for heirs of million dollar estates.

As Gerald Ford said, “a government big enough to give you everything you want is a government big enough to take from you everything you have.”