Topic: The next tax payer funded bailout on the horizon
boredinaz06's photo
Wed 01/29/14 01:00 PM
Edited by boredinaz06 on Wed 01/29/14 01:02 PM


President Obama made many outrageous statements last night in his State of the Union address, but perhaps his most ridiculous claim was that ObamaCare is working.

It is not working for the sick who have lost their insurance coverage or doctor, those who have been hit by skyrocketing premium increases, or the doctors driven out of medical practice.

But ObamaCare may be working for power-hungry politicians and bureaucrats.

And it is working for President Obamas corporate cronies, some of whom may soon get a taxpayer bailout.

Hidden within ObamaCare is a provision guaranteeing the profits of insurance companies that participate in ObamaCares exchanges.

That��s right - ObamaCare not only guarantees customers for insurance companies via the individual mandate�� that forces Americans to obtain a government-approved insurance policy, but it guarantees the insurance companies will profit from their participation in ObamaCares exchanges!

If the companies profits fall below a certain threshold, the government will make sure they still turn a profit.

The money for this bailout fund will come from a tax assessed on insurance companies but actually paid for by you and me in the form of even higher premiums - premiums that you and I must pay in order to comply with ObamaCares mandate...

... or pay additional taxes to the IRS.

Either way, President Obama will get our money.

With more Americans walking away from the law, it is likely the fund will not have enough money to bail out every insurance company that will lose money from participating in ObamaCare.

While reports are the Administration will find a way to supplement the fund, this could well mean the President will sign yet one more Executive Order - this one giving even more taxpayer funds to the insurance industry!



http://www.chooseliberty.org/obamacarebailout.aspx?pid=0129a

no photo
Wed 01/29/14 02:12 PM



President Obama made many outrageous statements last night in his State of the Union address, but perhaps his most ridiculous claim was that ObamaCare is working.

It is not working for the sick who have lost their insurance coverage or doctor, those who have been hit by skyrocketing premium increases, or the doctors driven out of medical practice.

But ObamaCare may be working for power-hungry politicians and bureaucrats.

And it is working for President Obamas corporate cronies, some of whom may soon get a taxpayer bailout.

Hidden within ObamaCare is a provision guaranteeing the profits of insurance companies that participate in ObamaCares exchanges.

That��s right - ObamaCare not only guarantees customers for insurance companies via the individual mandate�� that forces Americans to obtain a government-approved insurance policy, but it guarantees the insurance companies will profit from their participation in ObamaCares exchanges!

If the companies profits fall below a certain threshold, the government will make sure they still turn a profit.

The money for this bailout fund will come from a tax assessed on insurance companies but actually paid for by you and me in the form of even higher premiums - premiums that you and I must pay in order to comply with ObamaCares mandate...

... or pay additional taxes to the IRS.

Either way, President Obama will get our money.

With more Americans walking away from the law, it is likely the fund will not have enough money to bail out every insurance company that will lose money from participating in ObamaCare.

While reports are the Administration will find a way to supplement the fund, this could well mean the President will sign yet one more Executive Order - this one giving even more taxpayer funds to the insurance industry!



http://www.chooseliberty.org/obamacarebailout.aspx?pid=0129a


But it is working, just as planned. And I bet most thought this was about health care and it is but it has nothing to do with health.

no photo
Wed 01/29/14 02:37 PM

But it is working, just as planned. And I bet most thought this was about health care and it is but it has nothing to do with health.


No, I'm afraid you got it all wrong. You are giving them way more credit thana they deserve. They actually thought that Obamacare was what people wanted. Some folks are convinced that a perfect law will make a perfect person. Now I ain't saying Obamacare is a perfect law, far from it. But when those who don't believe in natural law look at a law, they look at the intentions, not the effect.

no photo
Wed 01/29/14 03:08 PM


But it is working, just as planned. And I bet most thought this was about health care and it is but it has nothing to do with health.


No, I'm afraid you got it all wrong. You are giving them way more credit thana they deserve. They actually thought that Obamacare was what people wanted. Some folks are convinced that a perfect law will make a perfect person. Now I ain't saying Obamacare is a perfect law, far from it. But when those who don't believe in natural law look at a law, they look at the intentions, not the effect.


Au contraire, they didn't then or now care what the people want. It is all about power and removing another right and they are succeeding. It's sum toll is to give the insurance and large medial industries a larger share of the pie. They care less about the outcome on the people.

You are trying to believe the hype not the effect. Whenever in doubt, follow the money. It always leads to the truth.

And oh by the way, this is but another small stepping stone towards the goal. 98% of the people can't even fathom the goal even if it were a dead fish and they were slapped in the face with it.

boredinaz06's photo
Wed 01/29/14 04:19 PM


You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.

no photo
Wed 01/29/14 04:44 PM



You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.


I'm not sure to whom you are referring, the elite. They have their own private medical care totally unrelated to the people.

no photo
Wed 01/29/14 05:01 PM




You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.


I'm not sure to whom you are referring, the elite. They have their own private medical care totally unrelated to the people.


Yes, Michael Jackson had his own private doctor but he died anyways.

no photo
Wed 01/29/14 05:12 PM





You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.


I'm not sure to whom you are referring, the elite. They have their own private medical care totally unrelated to the people.


Yes, Michael Jackson had his own private doctor but he died anyways.



But two different purposes, Jackson wanted to escape reality and got what he asked for. The elite want to extend reality and get what they pay for. Got any good parts?

boredinaz06's photo
Wed 01/29/14 05:39 PM




You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.


I'm not sure to whom you are referring, the elite. They have their own private medical care totally unrelated to the people.


Well the people who voted for it implies congress, we pay for %75 of their coverage.

no photo
Wed 01/29/14 06:40 PM





You must remember that the people who passed go to top notch hospitals that you and me will never afford, they afford it because we pick up %75 of their costs.


I'm not sure to whom you are referring, the elite. They have their own private medical care totally unrelated to the people.


Well the people who voted for it implies congress, we pay for %75 of their coverage.


Oh yes only the best that the taxpayer can be coerced into paying for our political elite.