Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Oldeconomybuyer
WHAT 'SINGLE PAYER' REALLY MEANS:

"Now, I don't want you guys to worry because when you start losing money we are going to jump in and bail you all out."

3 posted on 04/05/2017 10:32:09 AM PDT by Slyfox (Where's Reagan when we need him? Look in the mirror - the spirit of The Gipper lives within you.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Slyfox

"Now, I don't want you insurers to worry; when you start
losing money, we are going to jump in and bail you all out."

Obama Siphoned off GSE Dividends To Prop Up OBAMACARE

ZeroHedge ^ | April 2, 2017 / FR Posted on by Zakeet

Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration.

The audacious looting involved funnelling hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system. [Snip]

The conclusion reached by Corsi and others is that this was probably illegal. In fact, House Republicans actually sued the Obama Administration in 2014 over the fact that the subsidies to insurers weren't appropriated by congress and won, which the Obama administration appealed.

Zerohedge and the Atlanta Journal Constitution pointed out last week, the Trump administration has until May 22nd to decide whether or not to pursue the appeal: (Excerpt) Read more at zerohedge.com ...

7 posted on 04/05/2017 10:58:12 AM PDT by Liz
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson