[Semper911]

The Obama administration gives a big eff you to Congress, and raids the treasury for his legacy.

[Semper911]

Friday news dump.

[Rurudyne]

No delegated power for ACA, no delegated power for subsidies, typical Democrat lawlessness.

[Mr. Douglas]

Meh. He should just raid SS again.

/s

[Starboard]

through a move that could circumvent Congress

**************

Situation normal.

You can be sure that if the Democrats controlled congress a money grab like this by a Republican president would never be allowed. Democrats play to win. Republicans just play.

[Rockitz]

One of the last big lies? “If you like your tax dollars, you can keep your tax dollars.”

FUBO!

[Alberta's Child]

You know your country isn’t very long for the world when “obscure fund” becomes part of the vocabulary.

[LostPassword]

> The Obama administration gives a big eff you to Congress

It’s a big eff you to the people. Just like 2015 Congress’s “budget” was a big eff you to the people.

Congress hasn’t cared what Obama does for years. I’m sure they don’t care about this. Besides, they have bigger concerns. The next president may not come from The One Party and may not play financial tricks like this. Which will force congress to actually do something other than going to fundraisers and giving the president a big pill of money every year so he/she can “take care of things” like this.

[Lorianne]

Must be nice to have an inexhaustible slush fund.

[moovova]

Obscure fund = Medicare.

[DonaldC]

Considering the profit announcements insurance companies have been making, his base is not going to like this.

[FlingWingFlyer]

Bailing out ObamaCare already. Wow! No wonder the Kenyan’s approval ratings are so high.

[Liz]

Oh, I was wondering when Treasury would kick in.

Obama plans to loot an obscure Treasury Department fund (intended to cover federal legal claims) to payoff billions insurers lost due to Obamacare.

"Don't worry, Mr President, the Dept of the Treasury is under your control."

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

ONCE UPON A TIME, IN THE PRIVILIGED ENCLAVES OF
OUR NATION'S CAPITAL, RHAM EMANUEL HELD TWO JOBS Soon as they occupied the WH, Obama and the Chicago con artists (a) took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (oversees the IRS).

PAUSE TO REFLECT First-term Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role Read on.

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

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 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

[rockinqsranch]

INCREDIBLE! I had no idea there was any funding still out there he’d not already stolen much less an obscure one with the billions of dollars he just happens to need right now.

I recall towards the end of the last Bush Administration billions of dollars were stolen under a different scenario. Seems to be a pattern here folks.

[Buckeye McFrog]

So in other words he intends to steal the money.

[faucetman]

from the story...

“Just six co-ops remain. Four of them, including two that have closed, are among the seven insurers suing the government for lack of payment.”

Is this a trick statement? Clear as mud.

I studied it awhile.

6 co-ops remain.

4 of those 6 are in a group that is suing the government.

2 of those 4 are closed.

A total of 7 co-ops are suing the government.

So, of the 7 co-ops that are suing the government, 4 are in the group that remains and 3 that don’t remain.

The only part I can’t get is how is a co-op that is “closed” is still considered to “remain”?

I guess it’s what their meaning of the words “closed” and “remain” are.

Maybe “closed” means that the co-op “remains” but isn’t accepting new customers.

Maybe “remains” means an open, yet still functioning (accepting new customers), co-op.

In any case, if this statement was meant to clarify anything, it was a poor attempt.

[butlerweave]

Obama’s been sending money to all parts of the World from Day One

[Ray76]

The purpose of the Judgement Fund (31 USC § 1304) is “to pay final judgments, awards, compromise settlements, and interest and costs specified in the judgments or otherwise authorized by law”

[Ray76]

> signature legislative achievement

Cult of personality

[FroggyTheGremlim]

So NOW my premiums will be $2,500 lower?

[mrsmith]

“billions of dollars the government owes “

The government doesn’t owe. The insurers have been paid in full per the law.