Posted on 11/22/2015 11:44:55 AM PST by Libloather
How dare the Obama administration bail out insurance companies with our money in order to hide ObamaCare's failures. Thursday, just hours after giant insurer UnitedHealthcare said it's losing money selling ObamaCare plans and will likely exit the health exchanges next year, the Obama administration quietly promised to bail out insurers for their losses - using your money.
Nearly all insurers are bleeding red ink trying to sell the unworkable plans. Without a bailout, more insurers will abandon ObamaCare, pushing it closer to its demise. A bailout would benefit insurers and the Democratic Party, which is desperate to cover up the health law's failure. Ironically Democrats (including Hillary Clinton and Bernie Sanders) bad-mouth bank bailouts but are all for insurance-company bailouts. Truth is, it's a ripoff for taxpayers, who shouldn't have to pay for this sleazy coverup.
The pressure is building on Republicans in Congress. Industry groups like the American Health Insurance Plans and giant insurers are joining with the Obama folks to lobby ferociously for a bailout.
(Excerpt) Read more at nypost.com ...
This should be popular with the voters
Repeal every word of Obamacare and replace it with freedom! Keep the government out of our private business!
Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
- Ronald Reagan
“The pressure is building on Republicans in Congress.”
What do GOP members of Congress care? They have their own gold-plated healthcare plans, paid for by the suckers who vote for them (along wityh other taxpayers).
Following her trial, conviction, and sentencing, Pelosi can pay for it with a rope around her neck.
So whose winning?
Typical M. O. for socialism. Enact a tax that people HAVE to pay but can’t afford, then offer to give them the money(collected by tax) to pay the bill, forcing them to be dependent on the government for assistance and to survive. I say burn the whole system to the ground and start again.
I thought Congress controlled the purse strings.
Or has that succumbed to the imperial presidency, too?
“I thought Congress controlled the purse strings.”
You mean the congress that passed Obamacare in the first place..
I would not depend on them to do the right thing...
5, 4, 3, 2, 1, . . .
Republicans, fearing that this could turn into an open-ended government bailout in the event of industry-wide losses, included a provision in last year's spending bill that limited the program, requiring HHS to pay out only from the pool of money collected, rather than supplementing it with other sources of government funding. President Obama signed that bill.
In this case, I guess it's a good thing the jug-eared exchange student from Kenya actually bought into Nancy Pelosi's "we have to pass the bill to find out what's in it" approach to legislating.
If anybody should know where the vulnerabilities of Obamacare lie, it would be Betsey McCaughey. Probably one of the few people to fully read through the entire text of this abomination, she has written extensively about many of its internal contradictions and its inadequacies, and still, not everything can be discovered until the “unintended consequences” become so blatant they cannot remain undetected.
Thank you, Nanacy Pelosi, for your great foresight and magnanimity for your fellow Americans. I would not subject an enemy to this travesty.
Prohibition was repealed after its inadequacies and injustices were finally revealed for all to see. And it was written in as an amendment to the Constitution...
They are merely bad aictors in ongoing Kabuki theater. All are compromised kapons and traitors to their oaths.
Hint: see metro DC property values
I’ll guarantee it.
Step 1: Dems block any spending bill that doesn’t include an Obmaacare Bailout.
Step 2: GOP Leadership fearing they will be blamed for another Dreaded Government Shutdown supports the bailout.
Step 3: A Bailout Funding Bill passes. The Dreaded Government Shutdown is avoided. Peace on Earth and Happy Obama.
I’m sure you didn’t read it here first.
Step 4: Shameless RINOs ask for your vote in the next election to help them ‘Stop Obama.’ What a great gig.
Step 4: Shameless RINOs ask for your vote in the next election to help them ‘Stop Obama.’ What a great gig.
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