ObamaCare is just a ploy to cover up the financial crisis.

Right Condition ^ | 10/28/2009 | me

[arkadyka]

There is no easy way to say this, but the country that some of us love is broke. Not broke in the whimsical sense or even shock value sense, but really broke. To illustrate the example clearly, let's say you have a decent job and are making about 80k/year. Not bad right? Even living on the east coast you can achieve a comfortable living for yourself. Go buy a a new Mercedes - you deserved it! But wait, you have promised certain people that you will take care of their retirement and medical needs and they depend you, after all they did pay you premiums their entire life. You can't very well back out on this promise now, they have completely changed their lives and need you to pay up. You then discover that the cost of these obligations is anywhere between 640k-800k just for this year alone. Should you get rid of that Mercedes or go trick more people into paying you premiums promising that you will take care of them?

[rednesss]

I are thinking spellcheck be you friend.

[marine86297]

I’ve always said, Gubmint is one big, fat, PONZI scheme.

[autumnraine]

THERE IS NO FDIC? I mean I knew that they were in the negative, but I didn’t realize that they were doing it like they do Social Security, spending and putting in IOU’s.

Now every money person I hear on the radio is garbage to me with their ‘don’t worry about banking, you’re FDIC insured!’

[Roos_Girl]

The FDIC has no time requirements to pay you back money that they have “insured”.

[Sicon]

let's say you have a decent job and are making about 80k/year. Not bad right? Even living on the east coast you can achieve a comfortable living for yourself.

The author is clearly not from the NY/NJ metropolitan area. I live in Somerset, NJ, and $80K is nowhere near "comfortable", unless you already own your house outright.

[ErnBatavia]

If the FDIC ever fails to reimburse one penny, it’ll be “game over” for this regime, and they damn well know it.

[Roos_Girl]

California is already issuing IOUs without too much concern or complaint. Do you think the Feds won’t do the same with the same outcome? I’m not so sure.

[Fredgoblu]

******Urgent******

Does anybody have the text of Obama's speech at Deeds' campaign yesterday. I heard a 5 second clip this morning in reference to the health care "reform". It was a throwaway clip as far as the mainstream media is concerned. But what he said, and more importantly what he did not say, were incredibly telling.

Obama said that the plan was designed to "provide more affordable health care to those without insurance." He DID NOT SAY that his plan would make health care more affordable for those that have insurance.

In other words, Obama is telling us that he will take from the "haves" in order to finance his utopian worldview for the "have nots".

[unique]

In other words, Obama is telling us that he will take from the "haves" in order to finance his utopian worldview for the "have nots".

That's the bottomline behind everything that BO is doing.

[chris_bdba]

Yep this is exactly what I've been saying, these bills are nothing but a scheme to trick us into giving them more money so they can just put off the eventual collapse until it becomes someone else's problem later down the road. We must stop this now nd allow it to collapse on those most responsible.

[chris_bdba]

Yes I think you are rght. They take and take and yet the only people who get are the non productive. I would not want to be anywhere near a large city when this all finally all caves in. There will be a lot of angry welfare recipients who want their check and will be the first dumped off onto their own.

[ErnBatavia]

No way...immediate revolt on a national scale - even these Marxists aren’t gonna risk that.