Obamacare Must Go!

April 5th, 2012

FAKE NEWS for the Zionist agenda

obamacare-seniors-check-in

Let’s get right to the point: the Affordable Care Act also known as
Obamacare needs to go away. Far away. It doesn’t matter if the Supreme
Court rules it unconstitutional or if Congress can come to its senses
and repeal the legislation. One way or another, it must go. ~ Kenn Jacobine

The record of our federal government providing services outside of its
constitutional jurisdiction is atrocious to say the least. It includes
big wasteful bureaucracy, questionable accounting practices, and massive
cost overruns.

Speaking of cost overruns, Social Security, Medicaid,
and Medicare alone face 10s of trillions of dollars
in unfunded future liabilities.

So it was no surprise this past week
when Republican Senator Jeff Sessions’ office reported that it
discovered the long-term funding gap of Obamacare to not be $1 trillion
as the President has claimed all along, but a whopping $17 trillion.

Nancy Pelosi was right all along – they had to pass the bill to see what
was in it. We are now beginning to see what a rook job has
been pulled over on the American people.

Now, I suppose that costs don’t matter if you think government debt is
irrelevant. After all America could never end up like Greece, Spain,
Portugal, Ireland, or Hungary. And the Japanese, Chinese, and Arab
nations will continue to buy up our debt allowing us to borrow cheaply
for everything we no longer make but still need.

Unfortunately government debt is not irrelevant and the day of
reckoning is coming. All Federal Reserve induced financial bubbles
(dot.com, housing, etc…) burst eventually.

The Fed’s U.S. debt bubble
is no exception. It is likely that at some point our lenders stop
buying our debt. Interest rates will have to rise dramatically to
entice foreign investors to service our debt again.

The Fed will print
even more money to cover the shortfall increasing our debt further and
devaluing the dollar to the point where exponential price inflation of
goods and services will result. Life savings will be wiped out and
Americans’ standard of living destroyed.

I’m not minimizing the problem of 40 million Americans without health
insurance, but the consequences of the federal government being all
things to all people will eventually destroy the economy for everyone.
In fact, the reason health care costs are so high is precisely because
of government involvement in the industry.

In the first place,
government limits competition through licensing laws and the drug
approval process thereby eliminating an important mechanism in
controlling costs.

Secondly, increased government spending on health
care bids up the price of care.

If Obamacare is allowed to exist it
will quicken our economic downfall. Insuring 40 million more Americans
for a short period of time is little consolation for destroying our way
of life.

At the end of the day, it is more likely the Supreme Court will void
the law rather than Congress repealing it.

Even if the Republicans were
capable of intestinal fortitude, when January 2013 rolls around at the
very least the Democrats will be able to prevent a cloture vote in the
Senate and at the most a veto wielding Barak Obama will still be
occupying the White House.

Kenn Jacobine – April 5, 2012 – BeforeIt’sNews

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