PETER SCHIFF

PETER SCHIFF

Sunday, May 30, 2010

Ron Paul: Introducing the Private Option Health Care Act






05/31/2010

Introducing the Private Option Health Care Act

by Ron Paul

Most everyone agrees that health care in the United stated has major problems, the biggest problems relating to skyrocketing costs. No one doubts the system is in need of reform. However, too many in Washington see tighter government controls as the solution. In fact, the problems are rooted in past government controls that created more problems than they solved.

Ironically, laws and policies in the 1970s promoting health maintenance organizations, resulted from desperate attempts to control spiraling costs. However, instead of promoting an efficient health care system, HMOs took far too much control away from patients and physicians and gave it to the insurers. This excessive reliance on third-party payers instead removed incentives for insured patients to economize on health care costs, and allowed the problem to snowball. Furthermore, the third-party payer system created a two-tier health care system where people whose employers could afford to offer Cadillac plans have access to top quality health care, while others face financial obstacles in obtaining quality health care.

For these and other reasons I introduced the Private Option Health Care Act last week. This bill places individuals back in control of health care by replacing the recently passed "tax, spend, and regulate" health care law with reforms designed to restore a free-market health care system.

First, the bill would provide all Americans with a tax credit for 100% of health care expenses. This tax is fully refundable against both income and payroll taxes. It would also allow individuals to roll over unused amounts in cafeteria plans and flexible savings accounts. Next, it would provide a tax credit for premiums for high deductible insurance policies connected with a health savings account and allow seniors to use funds in HSAs to pay for "Medigap" policies. In addition, it would repeal the 7.5% threshold for the deduction of medical expenses and thus make all medical expenses tax-deductible.

The Private Option Health Care Act allows Congress to correct the mistake it made last month by replacing the new health care law with health care measures that give control to individuals instead of the federal government and corporations. Our health is too vital to allow for the typical government interference and fixes.

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Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies.

Robert Kiyosaki : Silver is the best hedge against inflation

Robert Kiyosaki : Cash is Trash Gold and Silver are God's money


Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....




Robert Kiyosaki has been saying for a long to collect silver assets. This business has no competition and is about building wealth. The automated system makes this MLM business very easy to do and to profit from.
Robert Kiyosaki : I better be street smart than college educated , the Obama administration as well as all the big corporations are full of college educated kids with no real world experience , they will have to increase either inflation or taxes ,Israel will attack Iran every time there is an economic problem they have to create a war , wars cannot be financed unless you have inflation and taxes , The reason the US can fight so many wars is that it can tax but also inflate the monetary system by printing money ...whatever everybody is doing do not do it ....the one I am watching more than anything else is Silver , Silver is an industrial metal unlike Gold and today there is less silver in the world than there is gold ...says Robert Kiyosaki




Wikipedia : Robert Toru Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author and motivational speaker. Kiyosaki is best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written 15 books which have combined sales of over 26 million copies.[1] Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA, currently his new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times. Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" audio cassettes and disks. He also publishes a monthly newsletter

Robert Kiyosaki - New Rules of Money, : Conventional Education Vs. Financial Literacy

Robert Kiyosaki The Rich Dad Difference


part 1: 3 types of education
part 2: The Cashflow Quadrant
part 3: Savers are Losers
part 4: Assets vs Liabilities
part 5: Good Debt vs. Bad Debt
part 6: Live Above Your Means
part 7: 3 Types Of Income
part 8: Investing Isn't Risky
part 9: Life's 4 Quarters
part 10: The CASHFLOW Game
part 11: The Core of Learning



More on Robert Kiyosaki can be found here http://kiyosaki-blog.blogspot.com Robert Kiyosaki is the author of the best seller 'Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!'

From Wikipedia : Robert Toru Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author and motivational speaker. Kiyosaki is best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written 15 books which have combined sales of over 26 million copies.[1] Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA, currently his new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times. Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" audio cassettes and disks. He also publishes a monthly newsletter

Peter Schiff Report : European Market Overview

European Market Overview






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