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Obama is Financially Destroying Middle Income Families
VisionToAmerica.org ^ | August 10, 2011 | VisionToAmerica.org

Posted on 08/10/2011 3:18:08 PM PDT by Iam1ru1-2

Supposedly, one of the main purposes behind Obamacare was to provide affordable health care coverage for every American family.

Yeah, right!

Since the passage of Obamacare, healthcare costs have climbed higher than they have ever been. More and more employers are reducing the amount and type of coverage they provide to their employees while increasing how much the employees pay.

Deductibles are getting so high that many families can’t reach the limit and have to pay everything out of pocket.

And then Obamacare mandated that every American WILL purchase health insurance or be penalized and fined by the IRS when filling out their taxes.

So Mr. President, please explain to the millions of us middle income families how we are suppose to pay for the mandated health insurance when we can barely pay the bills we have now?

I know a couple who are approaching 60 years of age. They were both victims of financial downsizing, which means they lost their health insurance. The COBRA plans employers are required to offer are outrageously expensive and who can afford it when you don’t have a job? This couple struggled for over 2 years trying to find work. They exhausted all of their savings and retirement funds just trying to survive. They eventually found jobs, but they are now making about 60% of what they use to. They are living from paycheck to paycheck and sometimes still not making ends meet. They both have existing medical conditions that aren’t being treated because they can’t afford it. And now Obama says they have to purchase health insurance.

Insurance at their age and with their health issues would be the largest single monthly bill for this couple, next to their mortgage. They make too much to get any state Medicaid help, but make too little to afford to pay their bills, let alone afford medical insurance.

Mr. President, can you instruct this couple on which bills NOT to pay each month so they can purchase the mandated health insurance?

Do they not eat, have their electric turned off or not pay for water and sewer? Please Mr. President, share some of your wisdom with this couple.

Oh right! He already did and that’s what got them in this financial mess they are in now.


TOPICS: Crime/Corruption; Culture/Society; Extended News; Government; Politics/Elections
KEYWORDS: barackalypsenow; bhoeconomy; bhofascism; bhohealthcare; democrats; nobama2012; obama; obamacare; obamadepression; obamageddon; obamatruthfile
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1 posted on 08/10/2011 3:18:11 PM PDT by Iam1ru1-2
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To: Iam1ru1-2

I don’t like that title. “is”??


2 posted on 08/10/2011 3:20:56 PM PDT by GrandJediMasterYoda (Mark Halperin - Learned the hard way what happens when you speak the truth on PMSNBC.)
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To: Iam1ru1-2

Monthly premiums took a great big leap in the last 12 months. The insurance companies are responding to Obamacare by going on defense.

If mid income families are not given relief, look for another wave of foreclosures and bankruptcies in the next 48 months.


3 posted on 08/10/2011 3:24:29 PM PDT by lurk
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To: Iam1ru1-2

4 posted on 08/10/2011 3:24:57 PM PDT by Bean Counter ("He who has a why to live can bear almost any how.".....Nietzsche)
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To: lurk
The insurance companies are responding to Obamacare by going on defense.

And it's just not Obamacare...but Obama as well...they know he's coming after them next. When you consider the monies they hold he's going to try and grab some of that too...

5 posted on 08/10/2011 3:26:56 PM PDT by caww
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To: Iam1ru1-2
That's the point. In order to destroy the Republic and usher in socialism/marxism the middle class has to be destroyed. And these yahoos think it's an accident?

Agenda - Grinding American Down

6 posted on 08/10/2011 3:27:29 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Iam1ru1-2
The buck stops with Obama!


7 posted on 08/10/2011 3:33:22 PM PDT by Winged Hussar (http://moveonpleasemoveon.blogspot.com/)
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To: Iam1ru1-2

Let’s be clear; Obama is ‘deliberately’ destroying ...


8 posted on 08/10/2011 3:39:20 PM PDT by cricket (Osama - NOT made in the USA. . . .and Obama, not madhttp://atlasshrugs2000e in the USA either.. .)
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To: Iam1ru1-2

Let’s be clear; Obama is ‘deliberately’ destroying ...


9 posted on 08/10/2011 3:39:30 PM PDT by cricket (Osama - NOT made in the USA. . . .and Obama, not madhttp://atlasshrugs2000e in the USA either.. .)
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To: Iam1ru1-2

Let’s be clear; Obama is ‘deliberately’ destroying ...


10 posted on 08/10/2011 3:39:32 PM PDT by cricket (Osama - NOT made in the USA. . . .and Obama, not madhttp://atlasshrugs2000e in the USA either.. .)
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To: Iam1ru1-2

11 posted on 08/10/2011 3:45:24 PM PDT by Diogenesis (No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain)
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To: Iam1ru1-2
I saw this posted in another thread and here's a cut & paste of it. Can you say DELIBERATE and WAKEUP?

We The Stupid
American Thinker | Ann Barnhardt

Ann Barnhardt is a livestock and grain commodity broker and marketing consultant, American patriot, traditional Catholic, and unwitting counter-revolutionary blogger.
She can be reached through her business at www.barnhardt.biz

I stand here in abject stupefaction. The so-called “right” or “Tea Party” in this republic is being so thoroughly rolled and defeated that I am struggling to come up with an adequate violent submission metaphor that does not involve prison rape . . . and they honesty think that they’re “winning.” Really? You call this winning?

- Obama gets over $2 Trillion to spend before the 2012 election
- There are no real spending cuts
- There is a massive tax increase effective January 1, 2013

Obama is going to be handed something in excess of $2 Trillion — and he has made it perfectly clear that he will spend every penny of it before the November 2012 election. That’s why he kept saying, “ . . . so we don’t have to do this again”, meaning raise the debt ceiling again. The debt ceiling would only need to be raised if all of the money had been spent. Therefore, he has stated very clearly that he will spend every penny of any debt ceiling increase. He is going to burn through $2 Trillion-plus in the next sixteen months. This was the Obama regime’s plan from day one. Geithner appeared before Congress in early May and told them this in no uncertain terms. This outcome has been a known quantity all along.

There are no spending cuts in this plan.. It is all accounting fraud. Saying that you are not going to spend money in Afghanistan ten years from now is not spending cuts. Even if you accept the $1 Trillion in cuts over ten years propaganda, that is only $100 Billion per year, which is essentially meaningless relative to the size of the problem. Furthermore, even a miniscule uptick in interest rates, which given the massive debasement of our currency is now a mathematical certainty, will completely consume that $100 Billion per year. It’s all a joke.

Back to the $2 Trillion that Obama is being handed. I honestly think that most people in this country have no understanding of simple counting numbers. Do you not understand how much a trillion is? Where do you think this money is going to come from — who has two trillion dollars to loan us? China? Nope. Not even close. China’s entire GDP is only $6 Trillion. Do you honestly think that China is going to loan us one third of their total annual economic production? China was a huge creditor to us back when $100 Billion was considered a staggeringly large amount of money - which was four years ago. Now $100 Billion is literally a rounding error. Do you realize that there are only a handful of nations of this planet that even have a GDP in excess of $2 Trillion? If these countries loaned us every penny of their GDP, it wouldn’t even be $2 Trillion:

Canada ($1.57 T)
India ($1.54 T)
Russia ($1.46 T)

Are you starting to understand the scope of what we are talking about now?

Obama is going to embezzle considerably more than the entire economic output of Canada, India or Russia to his cronies before the 2012 election — and that is just counting this round of spending. This doesn’t include the other $5 Trillion he has already burned through since 2009.

China is not going to lend us this money because they simply don’t have anything close to that much money to lend.. This $2 Trillion is going to come from the Federal Reserve. Where is the Federal Reserve going to get $2 Trillion? They are going to print it out of thin air. We are in the midst of the largest currency debasement ever seen in human history. There is only one result that can come of currency debasement: hyperinflation and total economic and societal collapse.

Have you also forgotten the so-called “Bush tax cuts”? Yeah. Those rates are going to expire on January 1, 2013. Obama will presumably still be occupying the Oval Office at that time assuming that he is not forcibly removed or that the Republic is still intact at that time. Taxes will increase significantly at that point, and the Congressional Budget Office has scored everything put before them given the fact of the massive tax increases on 1/1/2013. Do you understand that? When these Republicans and even these so-called “Tea Party Freshmen” tell you that there are no tax hikes in their “plan,” they are consciously, willfully, knowingly lying to you through their teeth.

Finally, I do not understand how it can possibly be that conservative writers are still addressing Obama as if he is actually trying to help the economy, but his well-intentioned policies are failing.

Obama is the enemy. Obama is a Marxist-Communist usurper and puppet front for a cabal of Marxist-Communists who are actively trying to destroy the United States of America. Everything they have done, are doing, and will do has the single goal of collapsing and destroying the U.S. economy, military, constitutional government and culture. What part of “Marxist Revolution” do you not understand?

The Obama regime is not a failure.. The Obama regime is not incompetent. The Obama regime has achieved more in two and a half years than anyone could have possibly foreseen.. It has debased the currency by 50% of the GDP and guaranteed that our economy will collapse. It has looted the Treasury for more than the size of a top-ten economy and embezzled that wealth into the hands of their fellow Marxists in preparation for the final collapse of the United States. It has ground the economy of the United States to a screeching halt. It has destabilized the entire Muslim world and ensured that there will be a nuclear war centered around Israel within the decade.

The Obama regime has no interest whatsoever in “stimulus” or “getting folks back to work.” How can you not understand this? How can we possibly win this war if we refuse to come to terms with the fact that we are in fact fighting a war.

God save the United States of America, because the people are far too stupid to do it themselves.
http://www.americanthinker.com/blog/2011/08/we_the_stupid.html

12 posted on 08/10/2011 3:47:21 PM PDT by VideoDoctor
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To: DJ MacWoW
It's no accident, not at all. Any conservative over 50 who has been paying attention ought to know that we today face an intentional effort to destroy everything that America's Founders labored and suffered greatly to help bring into being, and all that succeeding generations of Americans nurtured and protected, sometimes at the cost of their lives.

I think it is quite naturally human to wish, when faced with evil, that one is simply dealing with the misguided and misinformed. I have myself been mistaken in that respect on occasion. No more, I hope.

Thanks for the link to KITMANTV. It appears to be a wealth of information.

13 posted on 08/10/2011 3:52:09 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: lurk

Yep. My high-deductible plan does not qualify for grandfathering in Obamacare, so it’s being cut. I get to watch my premiums triple (at a minimum) and am forced to a new plan - all because I had the temerity and foresight to save a chunk of cash and get that high-deductible health insurance plan.

Thanks Obama, you just cost me $2400 a year for insurance!


14 posted on 08/10/2011 3:54:32 PM PDT by FromTheSidelines ("everything that deceives, also enchants" - Plato)
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To: Iam1ru1-2

ping


15 posted on 08/10/2011 3:58:03 PM PDT by VTenigma
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To: andy58-in-nh

You’re welcome. The info will make your hair stand on end. We have a BIG fight ahead of us.


16 posted on 08/10/2011 3:59:48 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: DJ MacWoW
If I had any significant hair left, I'm certain it would be standing on end. ;-)

But you're right: we do have a huge fight ahead, and it will take every ounce of courage we possess to stand up and fight unapologetically for the values that made America great, and will again, some day. I only wish we had a leader equal to the task.

17 posted on 08/10/2011 4:06:26 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: VideoDoctor

Thank you for posting that; I am forwarding it to friends and family.


18 posted on 08/10/2011 4:13:50 PM PDT by whinecountry (Semper Ubi Sub Ubi)
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To: FromTheSidelines

My premiums quadrupled. The company generously made up some of the difference, but not all. So it’s a net loss for both sides. A de facto pay cut for me and a cost increase for them. Where’s the winner here?

I think we all know. Time for a rope and a tree.


19 posted on 08/10/2011 4:36:41 PM PDT by Noumenon (The only 'NO' a liberal understands is the one that arrives at muzzle velocity.)
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To: Iam1ru1-2

An just when you thought it was safe to go to your doctor -

Democrats want to tax your employer’s contribution to your health care as income to you - thats right - bump you into a higher bracket and sock it to you for more $$$$

Now ain’t that nice of them.


20 posted on 08/10/2011 4:40:40 PM PDT by Godzilla (3-7-77)
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