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Gingrich: health overhaul will sink US economy
San Francisco Examiner ^ | May 14, 2010 | BOB LEWIS

Posted on 05/14/2010 2:59:02 PM PDT by SmartInsight

Until Republicans can retake Congress and repeal the new health care reform law, former U.S. Speaker Newt Gingrich said Friday, Republicans now have a duty to thwart its implementation by blocking its funding in the federal budget.

Gingrich said that government health care spending at the pace the Democratic-passed law anticipates will amass enough debt to wreck the American economy just as Greece's debt-ridden economy has floundered.

Gingrich said that the way the law is written, it will kill any incentive for major employers to provide private health coverage benefits for their employees and leave workers to sign on to the federally backed plan

(Excerpt) Read more at sfexaminer.com ...


TOPICS:
KEYWORDS: economy; gingrich; government; healthcare; newtgingrich; obama; obamacare; socialisthealthcare

1 posted on 05/14/2010 2:59:03 PM PDT by SmartInsight
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To: SmartInsight

.
That’s Obama’s plan — isn’t it?


2 posted on 05/14/2010 3:03:12 PM PDT by Touch Not the Cat (Where is the light? Wonder if it's weeping somewhere...)
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To: SmartInsight

Is he just now coming to this conclusion? Europe is sinking financially, but the unimaginative and predictable liberals in academics and politics, like Lemmings, continue to march toward European socialism.


3 posted on 05/14/2010 3:05:28 PM PDT by pieceofthepuzzle
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To: SmartInsight

I’d like to thank Newt Gingrich for getting off of Nancy Pelosi’s couch long enough to notice that Barry and Nancy rammed a telephone pole up the arse of the American public.

Months ago.

Heckuva job, Newt!


4 posted on 05/14/2010 3:09:58 PM PDT by IncPen (HEY GORE -- GIVE BACK THE OSCAR! - GIVE BACK THE NOBEL! ANSWER THE HOAX!)
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To: SmartInsight

And so please do not stop there please, Mr. Speaker.


5 posted on 05/14/2010 3:11:55 PM PDT by VRW Conspirator (Government does not solve problems; it subsidizes them. - Ronald Reagan)
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To: SmartInsight

Health Insurance Asset Confiscation and patient/medical care rationing!!!!

The bill has nothing to do with providing health care - it has everything to do with controlling citizens’ lives from conception to cremation.


6 posted on 05/14/2010 3:14:20 PM PDT by sodpoodle (Despair - Man's surrender. Laughter - God's redemption)
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To: Touch Not the Cat

Yeah and so will Gingrich’s new found enviromentalism.


7 posted on 05/14/2010 3:54:23 PM PDT by rambo316
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To: SmartInsight

The next U.S. President will be elected on one simple promise:

“I will undo everything Obama did!”


8 posted on 05/14/2010 3:54:34 PM PDT by G Larry (DNC is comprised of REGRESSIVES!)
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To: Touch Not the Cat

Yeah and so will Gingrich’s new found enviromentalism.


9 posted on 05/14/2010 3:54:38 PM PDT by rambo316
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To: IncPen

Before Newtie was on Pelousy’s couch he was on the couch with hitlery. Working together to convince us that all our medical records should be electronically stored.


10 posted on 05/14/2010 4:17:46 PM PDT by Carley (WE CAN SEE NOVEMBER FROM OUR HOUSE)
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To: SmartInsight

The US economy might be sunk before the healthscare kicks in.


11 posted on 05/14/2010 4:17:56 PM PDT by pallis
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To: pallis

It will be sunk if Cap & Trade is passed. Newt supports this tax, I believe.


12 posted on 05/14/2010 4:19:31 PM PDT by Eric in the Ozarks (Impeachment !)
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To: SmartInsight

Then we should use every tool legally in our power to stop it right now.


13 posted on 05/14/2010 4:21:21 PM PDT by cubreporter
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To: pallis

That’s the funny part.


14 posted on 05/14/2010 4:24:14 PM PDT by MinorityRepublican
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To: Eric in the Ozarks

“It will be sunk if Cap & Trade is passed. Newt supports this tax, I believe.”

You are wrong. Newt spoke out against it many times.

“Former House Speaker Newt Gingrich charged Friday that the cap-and-trade proposal contained in President Barack Obama’s budget amounts to a $640 billion “energy tax” over eight years that will break the new president’s pledge not to raise taxes on the middle class. “

http://blogs.abcnews.com/thenote/2009/02/gingrich-rips-o.html


15 posted on 05/14/2010 5:29:43 PM PDT by SmartInsight (Bad officials are elected by good citizens who do not vote. ~ G. J. Nathan)
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To: SmartInsight

capt. obvious


16 posted on 05/14/2010 6:38:54 PM PDT by kickonly88 (I love fossil fuel!)
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To: Eric in the Ozarks

Of course he does. He’s bought into the whole global warming facade.


17 posted on 05/14/2010 6:40:23 PM PDT by rintense
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To: SmartInsight
Not quite sure that's accurate. Newt believes in anthropomorphic-driven global warming and in CO2 control and rationing of emissions. If that's not 95 percent of C&T, what is ?
18 posted on 05/14/2010 6:51:33 PM PDT by Eric in the Ozarks (Impeachment !)
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