Article

2016-02-22 Government

Obama is looting the Treasury to pay off insurers

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Posted by badanov 2016-02-22 08:06|| || Front Page|| [11130 views ] Top

#1 Unfortunately, once again, a big part of that money pot belongs to the public.

A big part? All the money belongs to the public. To the tax-paying public, anyway.

Posted by Bobby 2016-02-22 08:21|| 2016-02-22 08:21|| Front Page Top

#2 Just another 'tax'. Same as Social Security when the Johnson Administration merged all the books to loot the pot for the Great Society programs. Doesn't make much difference they'll still spend more than they'll ever take in. That's covered by the inflation tax by creating/printing money without any backing. Taking 10 percent directly of your income or allowing the value of what you do have devalue by 10 percent, the loss is still the same to you.

Posted by Procopius2k 2016-02-22 08:56|| 2016-02-22 08:56|| Front Page Top

#3 These Alinskyites are going to do anything to keep this turkey alive; even break the law and break the bank. Breaking the bank was probably one of their original goals along the lines of Cloward and Piven. SCOTUS had its chance to drive a stake in the heart of this deplorable legislation but alas, they lacked the cajones to do this. Nothing in the Constitution provides for the Federal government to enact this kind of legislation at the Federal level. If a State wanted to have health insurance, it should have passed such legislation under States rights amendments. It should not have been passed at the Federal level. Rather than have a single State going broke, the entire country will go belly up.

Posted by JohnQC 2016-02-22 09:55|| 2016-02-22 09:55|| Front Page Top

#4 The Champ regime racking up a whopping $19T, more debt that all of the rest of the presidential administrations combined. Sort of validates the author's story I suppose.

Posted by Besoeker 2016-02-22 09:58|| 2016-02-22 09:58|| Front Page Top

#5 He's also defunding the military to help pay for all his stupid stuff. It will be the next administration's problem.

Posted by gorb 2016-02-22 10:40|| 2016-02-22 10:40|| Front Page Top

#6 What B said. You had me at Obama is looting the Treasury.

Posted by Sven the pelter 2016-02-22 10:44|| 2016-02-22 10:44|| Front Page Top

#7 So maybe Hilly and Billy have learned a few things about looting?

Posted by Bobby 2016-02-22 12:53|| 2016-02-22 12:53|| Front Page Top

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