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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (5677)	10/4/2010 7:41:28 AM
From: Boca_PETE	1 Recommendation Respond to of 10065

marc, I agree - there will be many consequences, some intended and some unintended, of Obama"Care" on the markets and the economy. Bob discussed some of them on his radio show yesterday. He mentioned - the hidden 3.8% medicare tax on what was supposed to be a "Tax-free" gain on the sale of one's personal residence if threshold for applying the 3.8% medicare tax to investment income is exceeded. - how because it is becoming uneconomical for them, insurance companies are starting to announce the discontinuation of offering health insurance. This will force cancelled policyholders to buy coverage initially on the newly created Obama'Care" exchanges (if they ever get created), and, ultimately we will be left by default with a "Single-Payor System" (probably the administration's intent all along). P