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The New THOMA$ REPORT on Wednesday, October 06, 2010 5:10:05 PM
They said it would be bad. They just didn't know How BAD. "Six months ago, President Obama, Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi rammed Obamacare down the throats of an unwilling American public. Half a year removed from the unprecedented legislative chicanery and backroom dealing that characterized the bill's passage, we know much more about the bill than we did then. A few of the revelations: Obamacare won't decrease health care costs for the government. According to Medicare's actuary, it will increase costs. The same is likely to happen for privately funded health care. As written, Obamacare covers elective abortions, contrary to Obama's promise that it wouldn't. This means that tax dollars will be used to pay for a procedure millions of Americans across the political spectrum view as immoral. Supposedly, the Department of Health and Human Services will bar abortion coverage with new regulations but these will likely be tied up for years in litigation, and in the end may not survive the court challenge. Obamacare won't allow employees or most small businesses to keep the coverage they have and like.
By Obama's estimates, as many as 69 percent of employees, 80 percent of small businesses, and 64 percent of large businesses will be forced to change coverage, probably to more expensive plans [which has already started, with McDonald’s announcement it is abandoning their health care insurance for their employees). Obamacare will increase insurance premiums – in some places, it already has. Insurers, suddenly forced to cover clients' children until age 26, have little choice but to raise premiums, and they attribute to Obamacare's mandates a 1 to 9 percent increase. Obama's only method of preventing massive rate increases so far has been to threaten insurers [and he’s talking now about making raising their rates illegal –RT].” Nancy Peelosi said, “We have to pass this bill to find out what’s in it.” How stupid! We don’t MAKE laws to find out what’s in it! But it seems like our elected congresspeople don’t bother to READ the bills they pass into law. That has become obvious recently. One congressman even scoffed at the very IDEA that America wanted him to READ the bills he passed into law. This is the kind of elected official that needs to be sent home with his (or her) tail between their legs as soon as possible. (
The Examiner)