Wow, our most noble (Nobel?) president is seen cranking out lies at a rate of one lie every five seconds of video! (Bonus for catching the cameo by Thief-in-Chief, Jon Corzine in one of the early clips.)
Now, many of Obama’s media sycophants have recently argued that the president simply misspoke (36 times!). Or that he was merely incredibly ignorant of his own legacy-crowning creation when he signed it into law (after all, even Madame Pelosi said we’d have to pass the law to find out what’s in the law, apparently being a criminally-oath-breaking illiterate public servant). It was all just a simple
misinformation campaign misunderstanding, right?
As has been uncovered by numerous sources, incompetent ignorance isn’t a valid excuse this time. In fact, the following has been known by the president for the last three years, according to an article last week by CNBC!
But millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.
Four sources deeply involved in the Affordable Care Act tell NBC News that 50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next year because their existing policies don’t meet the standards mandated by the new health care law.
One expert predicts that number could reach as high as 80 percent. And all say that many of those forced to buy pricier new policies will experience “sticker shock.”
Millions, eh? So multiply that by at least 36 times, right? And there’s plenty more, for those interested in more detail on the latest plague of lies from this administration.
This article mentions “sticker shock”, which is one of the primary reasons Obamacare will fail. And maybe that’s the intention? After all, how better to make a political push for a single-payer healthcare system than to create a political cause for the current failure? It’s brilliant strategy, if not a little see-through.
I did a little research on this “sticker shock” theory, and it turns out, that’s exactly why hordes of young and healthy people will never voluntarily sign up for this pathetic excuse for yet more generational robbery. (What do I mean by that? The young/healthy are forced to pay for the old/sick in a cost-shifting scheme. That’s the only way pre-existing conditions can now be forcibly covered by insurance agencies. And it’s just another disgusting way in which the younger generations are being figuratively cannibalized by those older generations in power.) Obamacare only works if the young/healthy foot the bill! That’s why there are tax penalties (enforced by the cuddly IRS) for failing to obtain “approved” health care coverage.
Back to my research. I went to Colorado’s Obamacare outlet, Connect for Health Colorado, to see about a rate quote. I’m self-employed, so my wife and I have a high-deductible catastrophic plan. What would a similar plan cost under Obamacare? Fortunately, the Colorado site actually functions, so I’ve been able to get a quote based only on my zip code and birthday. Here’s what I found:
The cheapest available plan will cost me 270% of what I pay now, and it has a higher per-family deductible than my current plan (almost double)! WHAT!?! How can this be? After all, the other, official name for Obamacare is the “Affordable Care Act”! How is cranking up insurance costs by nearly three times “affordable”? And when should I expect the cancellation notice from my current insurer when they decide they can do that and opt for the greener pastures mandated by Obamacare?
But there’s the rub.
I’m a member of Generation X—not quite “young”, but certainly more healthy than many of the Boomers marching into retirement right now, many of whom are paying astronomical rates for health insurance, some of whom are “uninsurable” with all sorts of “preexisting conditions”. The Millennials and Gen-X are being forced to pay for the super-expensive coverage that is now being granted to those who previously could not afford or obtain health insurance. Is this really the right way to do things? Young college graduates already have average student loan debt of $35,000. Was college that expensive for your generation? Then, if they can even find a job, they’ll be forced to pay into Social Security, a program that simply cannot exist when they reach age 65. So let’s now charge them three or four times the previously extortive market rate for health insurance, and if they don’t pay up, send the IRS after them and throw them into prison if they can’t pay!
If this sort of generational cannibalism ever truly dawns on the conscience of the generation(s) perpetrating it, I can only imagine a massive wave of suicides among their ranks. Either that, or they’ll run for office.