Obama: US would go bankrupt without health changes

AP (via MyWay) ^ | April 2, 2010

[Mr. Mojo]

WASHINGTON (AP) - President Barack Obama says he did a full court press for a health care system remake because "this country was going to go bankrupt."

[DuncanWaring]

A year ago it was “If we don’t pass this stimulus package, unemployment may reach as high as 8%”.

It’s exceptionally difficult to make the case that the US is not going bankrupt; “health care reform” just speeds the process along.

[BobL]

I’m glad he fixed that problem. LOL.

[Puppage]

President Barack Obama says he did a full court press for a health care system remake because "this country was going to go bankrupt."

Baloney. It's ALL about control. Nothing more. Funny, but this debacle doesn't go into affect for another 4 years, so were we going to "go bankrupt" before or after those 4 years were up?

[screaminsunshine]

The result of Afronomics taking the economy for a ride.

[johniegrad]

LIAR!!

[combat_boots]

Then why doesn’t he or any Congressman/woman/staffer/federale man up and put his own money on the line by being part of the ‘Health Care’ law?

Put YOUR money AND YOUR LIFE where your mouth is.

(not to mention the lives of your families)

[BitWielder1]

This country is going bankrupt and Health Control will make sure it happens sooner rather than later.

[rj45mis]

“LIAR!!”

He’s also a filthy piece of trash muzzie socialist!

[ClearCase_guy]

Paraphrased statements from Obama:

1) "We're broke."
2) "We need to spend a trillion more dollars on health care."
3) "If we don't spend a trillion more dollars, we'll end up broke."

[Nateman]

[Diogenesis]

ObamaCARE has nothing to do with healthcare improvement
or removing the degradation of medicine by lawyers.

[liberlog]

Our President is a real laugh-riot.

[LRS]

2+2=5...

[SmokingJoe]

Is that his latest lie?
Now 0bamcare is going to save this country from going bankrupt?
Hey 0bama, I got news for ya, this country is already technically bankrupt, thanks in part to the over $2 billion you added to the national debt since taking over. We merely haven't declared bankruptcy yet due to some pretty nifty creative bookkeeping.

[TSgt]

He's going to make everyone a millionaire! But it will cost that much just for a loaf of bread...

[JDW11235]

Actually, I believe this could be true, but that we may go bankrupt anyway. I’ve heard we were weeks from becoming insolvent, hence the 4 years of taxing, with no benefit.

I heard that the funds that are being collected (starting soon), and the cuts in Medicare/caid, were going to try and float the scheme a little longer as there would be a panic and shorting of Treasuries after the announcement that Social Security is upside down, nearly a decade early. Could this actually have been a half truth...(I never believe we are told the full truth), in saying we would have gone bankrupt?

[MileHi]

A hint of truth. They need the revenue to fund the debt. The “health” and “care” parts are a sham.

[SmokingJoe]

1) “We're broke.”
2) “We need to spend a trillion more dollars on health care.”
3) “If we don't spend a trillion more dollars, we'll end up broke.”

Pretty much. It's either he is insane, or we are all living in the Twilight Zone.

[tobyhill]

Hey Obama, we're already bankrupt.