Posted on 11/25/2009 9:42:45 AM PST by Shellybenoit
Two days from now is "black Friday," the number one, busiest shopping day of the year. Its called black Friday because if sales are low, retailers and manufacturers are going to have a black year. Many of these items are purchased on a Buy Now-Pay Later basis.
In the spirit of black Friday, each house of Congress has passed its own version of Obamacare, unlike this Friday, they are selling us their bill of goods on a Pay Now-Buy Later basis. In each version of the plan Americans are paying billions of dollars of taxes before much money is spent on building their new health care infrastructure.
Why is this a bad thing? Because it is the typical Congressional cover-up. When estimating the costs of these supposedly deficit neutral plans, the CBO figured on ten years of taxes, but only 6-7 years of health plan expenses. In reality, if (God Forbid) they are passed, the health care plans will spend more than than their revenues, every year they are in operation.
The members of Congress are not stupid, they know that Obamacare is a budget-buster. Yet despite all of the warnings, they are going fill steam ahead, driving America into fiscal insolvency:
(Excerpt) Read more at yidwithlid.blogspot.com ...
Cloward-Piven. It’s all by design.
Wrong, it's called Black Friday because if sales are good the retailer will make enough money to put them "into black ink" territory.
WITH duress and threats of taxes, jail time, 250,000 fines, real private employer mandates, employer health taxes, additional legal compliance hours, etc,. “Health Care”, duress and threats.....that’s really good for ones health, mental health, and spiritual health. Call threats and duress healthy for the young people too?
The key point of collecting revenue as soon as it passes and then waiting until 2014 to pay out expenses is to build up a reserve.
Most likely Congress will take the additional tax revenue and medicare savings and issue treasury bonds in exchange. They then spend the cash now and transferred the liabilities to future congresses to pay interest and principal on the treasury bills.
Good Lord! Have Jesse J. and A. Sharpton been alerted to this *outrage* yet?
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