Karl Denninger of Market-Ticker.org says Obama Care is destined to be a
disaster. Denninger says, "What Congress calculated rather coldly is
they could shove a gun up young people's backs and make them fork up the
money." There are two very big problems with this, according to
Denninger, "They have no reason to buy today, and the fine is
insufficient motivation because it is a small fraction of the premium."
Denninger predicts, "This is not going to bring down healthcare costs.
This is going to accelerate costs. This is extremely bad law." Join
Greg Hunter as he goes One-on-One with trader/financial analyst Karl
Denninger.
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