Good Bye Private Health Insurance

So it looks like the top earners in NYC will have a 57% income tax once Obamacare passes. That should be good for the economy, as the wealthier folks start to leave.

On a related note, there was an ad on Craigslist that has since been pulled, that offered $11 to 16 per hour, to be a Grassroots worker, pushing Obamacare door to door.

Since I'm on the subject, it seems there is a hidden surprise in the House version.


Under :Protecting The Choice To Keep Current Coverage,

Section: Limitation On New Enrollment
Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of the year the legislation becomes law.

That means your private health insurance will become illegal, under certain circumstances.

If you are covered now, fine. According to this though, if for any reason you lose your current health care, by changing jobs, which is common, the government plan is the only thing you will be allowed to get, once Obamacare is adopted.

Regardless of what the politicians say, the ultimate goal is a Nationalized Health Care.

Anyone with an active brain cell who has actually looked into their idea, will see they will undercut the Free Market. Penalize Employers, and tax everyone to pay for it. And now in the wording, making it legal to crush to Private Insurance Industry.

Not to mention how many thousands more folks who work in the Health Insurance Industry that will lose their jobs. But it would seem that nothing the government is doing is in the interest of saving jobs.

There has been a lot of talk about the 1 ½ Trillion Dollar deficit the government is running this year. And as bad as that sounds, that is on top of the 11 Trillion Dollar deficit they have racked up and taken off this years books. And that isn't counting the over 7 Trillion the Federal Reserve has quietly handed out over the last 8 months. And that is still not counting the TARP money, which is almost 1 Trillion.

The true deficit of the country is somewhere between 65 and 100 Trillion Dollars.

Goldman Sach's had record profits, after earlier declaring themselves a holding Bank, and soaking some government TARP money. And after admitting that their computer program that can manipulate the Stock Market has been stolen.

It is curious that all of Goldman's competitors were allowed to fail, but the companies that owed them vast amounts of money were given TARP money. And in turn they took that and repaid Goldman.

Have I mentioned that Goldman is set to make Billions off the Cap And Trade farce?

The whole thing is so hideously rigged against the folks.

Then you have Senator Al Franken. His contribution to the Supreme Court Nominee hearings were truly astounding. They discussed episodes of Perry Mason. I am so proud.

CIT is now looking like it's going under. They are the primary lender to small business. ODL just said he wouldn't help them. When CIT goes under, the Small Business Administration will have almost no underwriting. Consequently, small business's, who already have a hard time getting capitol, will go under. Again, less jobs.

I can only say this is all connected. Socialize, and destroy the free market. I can only imagine that a destruction of the economy is the ultimate goal. And I think they are getting darn close to achieving it.

And the ramming through of all this is by design as well. They want to pass their Amnesty bill by years end. To do so they need to get all this through as fast as they can before we find out all the ugly details.

You may not be hearing about that, but ODL recently promised the Mexican Special Interest groups he would get it passed before years end.

Everyday just looks sadder then the day before. When the government takes over everything, the people always wind up in forced labor camps.