More bad news – it never stops. Lies, mistakes, lies, glitches. Also, remember the state sites? News reports said they were working just fine, though IFO doesn’t recall any specific states being cited. She does know that CoverOregon, the Oregon healthcare website isn’t working.
We read somewhere that the Washington site was working beautifully. But no. Read that article VERY carefully and you will understand this devastating report from CNN:
Some people won’t feel sorry for this woman. She voted for Obama and she supports the ACA, which IFO suspects she thought would mean free insurance. Who wouldn’t support free? But when your life has disintegrated to the level that this woman has reached, it’s hard to think clearly, or process complex ideas at all.
We do feel sorry for her. We just hope she never votes ever again.
And in other bad news, the federal website won’t be working properly by Nov. 30, 2013, the administration’s latest drop-dead deadline date. It’s hard to keep up with this rolling disaster. Imagine the poor White House spinmeisters!
Investment lesson: watch out for who will be hurt by this bad news. Recall that drug companies were expecting a big win. Health care insurance companies, too. Just sayin’
Lesson number two (pun intended): G-vt never gets anything right in the long run, sometimes in the short term as well. Any company that does a substantial amount of business with any government agency should be scrutinized extra-carefully before you decide whether to purchase shares.