but there was another major obstacle to obamacare s implementation. total dickishness. you see, obamacare for all its well-documented issues and problems is still a well-intentioned attempt to get people who have not had health insurance in this country health insurance. medicaid has traditionally covered people up to this income level. obamacare was going to cover them ostensibly down to this income level. so it was going to be the gap there, about the size of an ipad ee cement instead of an ipad it is about 8 million people living just above the poverty line so to provide health insurance for this nation s, you know, center, the federal government was going give the state government money to expand their medicaid program. for three years the state would pay for this program, i think the number was about 0. and then after that, they would pay up to 10%, i think, by the time it was 2020. so what a great deal. but wouldn t you know it. 26 states declined to go to that expens
center, the federal government was going give the state government money to expand their medicaid program. for three years the state would pay for this program, i think the number was about 0. and then after that, they would pay up to 10%, i think, by the time it was 2020. so what a great deal. but wouldn t you know it. 26 states declined to go to that expense. 26 states. holy that s like a third of (laughter) a little more 26 states! it must be a pretty eclectic group with many different reasons to explain why they would turn down federal money to bring health care to their working poor or may be it was just one reason. all of those states have republican governors or legislatures that are controlled by republicans. oh. which makes it really hard not to see this is just the latest example of that hit game show sweeping part of the nation, what dow hate more, poverty or obama? what, spite, spite, the emotion that makes you turn down millions of dollars that would g
you see, obamacare for all its well-documented issues and problems is still a well-intentioned attempt to get people who have not had health insurance in this country health insurance. medicaid has traditionally covered people up to this income level. obamacare was going to cover them ostensibly down to this income level. so it was going to be the gap there, about the size of an ipad ee cement instead of an ipad it is about 8 million people living just above the poverty line so to provide health insurance for this nation s, you know, center, the federal government was going give the state government money to expand their medicaid program. for three years the state would pay for this program, i think the number was about 0. and then after that, they would pay up to 10%, i think, by the time it was 2020. so what a great deal. but wouldn t you know it. 26 states declined to go to that expense. 26 states. holy that s like a third of (laughter) a little more 26 states! it m
so what a great deal. but wouldn t you know it. 26 states declined to go to that expense. 26 states. holy that s like a third of (laughter) a little more 26 states! it must be a pretty eclectic group with many different reasons to explain why they would turn down federal money to bring health care to their working poor or may be it was just one reason. all of those states have republican governors or legislatures that are controlled by republicans. oh. which makes it really hard not to see this is just the latest example of that hit game show sweeping part of the nation, what dow hate more, poverty or obama? what, spite, spite, the emotion that makes you turn down millions of dollars that would go towards health care for the working poor because you hate the president. and arbies. arby s. (laughter) technically it s food. now of course of course i imagine that the state when asked why they didn t accept the medicaid expansion don t probably list spite as the answe
here s sara eisen at cnbc global headquarters and tyler matheson in chicago. good afternoon. the markets are up big. the dow gaining 230 points in just two days. i m here in chicago as was just said, at the morningstar annual fund manager of the year award. it is perhaps the biggest event in the entire mutual fund industry. think of it as kind of the golden globes minus the alcohol. i will be somewhere between tina fey and if you watched sunday night, jacqueline bissett. rea we are joined by the best managers in domestic stocks, international stocks, asset allocation, fixed income and this year, alternatives. we will find out what they owned last year, what they re doing this year and you will want to be asking yourself why the heck am i not in their fund if you re not. if you are, listen to this, our domestic fund manager, if you put $10,000 in his small cap fund or his team s small cap fund 15 years ago, $10,000 would be worth more than $50,000 today. and in the interna