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ObamaCare Is Funneling Billions To Defense Contractors
Investor's Business Daily ^ | 12/10/2014 | IBD Staff

Posted on 12/11/2014 4:15:53 AM PST by IBD editorial writer

Health Overhaul: Jonathan Gruber isn't the only one who got rich off ObamaCare. Several big government contractors are raking in megabucks to help the government take over the nation's health care system.

Gruber made news when it came to light that the Obama administration had paid the stupid-American-calling MIT economist roughly $400,000 to help build ObamaCare, and several states paid him big bucks as well to build their exchanges.

But this is just the tip of the ObamaCare bonanza.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: defense; gruber; jonathangruber; obamacare

1 posted on 12/11/2014 4:15:53 AM PST by IBD editorial writer
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To: IBD editorial writer

Isn’t that what the Left accused the evil-stupid-genius GWB of doing?


2 posted on 12/11/2014 4:28:38 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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To: Old Sarge

The well connected crony capitalists are all benefiting from O-care. This is why the GOP-e will not do anything to repeal. Their financial masters will not allow it. The rest is all campaign rhetoric.


3 posted on 12/11/2014 4:32:54 AM PST by Moorings
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To: Moorings

Follow the money, like always.

Cui bono.


4 posted on 12/11/2014 4:42:46 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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To: IBD editorial writer

In former times, they called this sort of thing a “putsch.”


5 posted on 12/11/2014 4:49:45 AM PST by Jack Hammer
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To: IBD editorial writer

Shocking. I mean really, who would guess a government program is benefiting private contractors. Unheard of!


6 posted on 12/11/2014 4:51:03 AM PST by Wolfie
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To: IBD editorial writer

The Republicans funded every dollar, not too dif from a dealer selling drugs to a user. Obama has a bad habit of spending, the Republicans are his enablers.


7 posted on 12/11/2014 5:10:02 AM PST by ThePatriotsFlag ($$$$$ Don't Defund the Government...Defund Obama and his illegal policies $$$$$)
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To: IBD editorial writer; Libloather; Diana in Wisconsin; Ann Archy; sickoflibs; GOPJ; ken5050; ...
(Snix) Just wondering? Are all the "Obamacare contractors" listed actually "legit companies?"

It's a breeze for the WH Chicago criminal combine to help themselves to the billions the Obamacare atrocity is rolling out.

These conniving criminals are experts in govt fraud......practiced 24/7 in Chicago city hall.

Savvy observers KNOW this is the way pols pocket tax dollars: just add a legit sounding company or non-profit to a spending bill.

Like clockwork, all of the money goes directly into their secret LLC bank accounts.

8 posted on 12/11/2014 5:34:27 AM PST by Liz (Pres Reagan on govt shutdown: "Let's close it down and see if anyone notices.")
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To: Liz

I wonder how many LLCs O has setup through his attorneys as registered agents where his name doesnt appear anywhere in the documents. Moreover I wonder how many of them are “government contractors”.


9 posted on 12/11/2014 5:38:49 AM PST by jsanders2001
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To: IBD editorial writer

Give Gruber credit, he learned his lesson from the Hillarycare debacle. Pay off anyone who might dare oppose you before you attempt to go down this road.


10 posted on 12/11/2014 5:52:11 AM PST by Buckeye McFrog
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To: jsanders2001
Remember that the Godfather of Chicago criminality was O's COS---Rahm Emanuel also cut his financial fraud teeth on Wall Street. Wall Street types can make money disppear faster than a cream puff at a Weight Watcher weigh-in.

THE MADOFF MO---When he went to jail, investigators found Bernie Madoff had stashed billions offshore---into a labyrinth of financial entities. Some $8.9 billion was funneled to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central America......

.....a labyrinth of hedge funds, management companies and service providers that, to unsuspecting outsiders, seemed to compose a formidable system of checks and balances......the purpose of this complex architecture was to direct money to Madoff sans scrutiny and to generate more (cough) "fees."

=========================================================================

The malevolent parasitic strain of Chicago criminals wasted no time.....they had a stranglehold on the US Treasury from the getgo. The minute Obama/Valerie/Rahm/Axelrod/Geithner, and that diseased bunch, landed in DC they did two things that were apparently crucial to their evil plans:(a) they took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (the IRS).

EVEN MORE UNNERVING---THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.

When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings of the Treasury that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09

More here: http://online.wsj.com/article/SB124113406528875137.html

=================================

THIS MADE ME LAUGH OUT LOUD shortly after quitting his powerful WH job as Obama's COS, Rahm held a presser declaring he "just remembered" he really, Really wanted to be Mayor of Chicago. Then Rahm announced he had magically "raised" $10 million for his campaign in "just a matter of weeks." (waiting for hysterical laughter to die down). Ya gotta wonder how much Wall Street Rahm wired offshore when Obama put him in charge of the entire US Treasury.

11 posted on 12/11/2014 6:08:02 AM PST by Liz (Pres Reagan on govt shutdown: "Let's close it down and see if anyone notices.")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

The Smartest President Ever Can’t Drill His Way Out of This Problem
http://www.freerepublic.com/focus/news/3236057/posts


12 posted on 12/11/2014 6:14:29 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/_______________________Celebrate the Polls, Ignore the Trolls)
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To: Liz

Liz. I investigate government corruption in addition to other job duties soI’m probably not very well liked by the grifters in this administration which has far more than any I remember from any previous administrations. Not even close.


13 posted on 12/11/2014 7:28:04 AM PST by jsanders2001
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To: Liz; jsanders2001

Rahm had 10 million in a duffel bag, silly Liz. He found it perchance in the attic of Obama’s Chicago home. Now, what ever happened to the disappearing billion+ Corzine got to “stimulate” the economy?

LOL


14 posted on 12/11/2014 7:44:56 AM PST by stephenjohnbanker (The only people in the world who fear Obama are American citizens.)
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To: Moorings; Old Sarge; All

” The well connected crony capitalists are all benefiting from O-care. This is why the GOP-e will not do anything to repeal. Their financial masters will not allow it. “

100% correct.

Funny thing about crony capitalism.....it works for both parties.

Leftist crony capitalists:

Google
Yahoo
unions

Establishment crony capitalists

Big Banks
Multi-national corps
Chamber of Commerce

Both sides demand

1) amnesty
2)Obamacare
3)targeted tax loopholes.


15 posted on 12/11/2014 8:00:46 AM PST by stephenjohnbanker (The only people in the world who fear Obama are American citizens.)
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To: SunkenCiv

Excellent post.
When it comes to the Baraqqi regime, just follow the money (if you can find it).


16 posted on 12/11/2014 8:02:23 AM PST by nascarnation (Impeach, Convict, Deport)
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To: IBD editorial writer

ObamaCare bonanza came about with an unlawful act mega money ensued public grabs ankles pure Mafia type controllers at work.
I’m sure the media will get right on that story asap.


17 posted on 12/11/2014 8:38:12 AM PST by Vaduz
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To: IBD editorial writer
If Obamacare had been about providing 'health care' - clinics would have been set up in every hospital in the country with doctors on salary... 24/7 care for anyone who made an appointment or walked in.

Emergency rooms traditionally provided that type of care for the poor before Obamacare. That scam helped hospitals ... Five thousand dollars for a runny nose diagnosis - with antibiotics... and HUGE tax write-offs for Hospitals.

It was wrong.

Making that broken system sane was the problem. ObamaCare doesn't have anything to do with ‘care’ it has to do with pumping up liberal elite favorites from Insurance companies to Defense Contractors, to ‘Academia’... In short it's a new liberal elite slush fund.

18 posted on 12/11/2014 9:00:47 AM PST by GOPJ (It's not that history repeats so much as human nature doesn't change. - Freeper henkster)
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To: Liz
It's a breeze for the WH Chicago criminal combine to help themselves to the billions the Obamacare atrocity is rolling out. These conniving criminals are experts in govt fraud......practiced 24/7 in Chicago city hall.

You're right Liz - it's walkin' around money and slushy funds for corrupt liberal elites playing 'stupid' citizens for fools. Chicago's turned that into an art form.

19 posted on 12/11/2014 9:05:03 AM PST by GOPJ (It's not that history repeats so much as human nature doesn't change. - Freeper henkster)
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