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...and whoever wishes to be first among you shall be slave to all. Mark 10:44
Just like the Tea Party warned three years ago, Obamacare is a disaster for America. Of course that means it is a dream come true for the Marxists. It is their stated goal to destroy anything and everything which are foundations of the US economy. They have to eliminate the insurance marketplace so they can bring a more invasive and all controlling nationalized healthcare system. This has been their lifelong dream to have the gummit control the healthcare system in the name of fairness. The one problem with fairness is who decides what is fair.
Once again we see the failures and shortcomings of the state and federal bureaucracies such as Health and Human Services and the Senate. They are still trying to paint lipstick on this giant pig with a mop, but they are having a hard time hiding the truth from the internet and talk radio. Of course PravdABC is playing along with their messiah, but this turd is swirling. The latest reports is they have no idea how many have signed up and not the foggiest clue how much if anything has been paid into this Frankenstein. Imagine an insurance company which has no accounting of premiums paid, who is a customer, let alone claims expensed and you have Obamafare?
In addition to likely having no paying customers into Obamacare (racist alert) the President has now decreed another set aside for another favored group as well as another grace period to get signed up. How can you even call something a law which has no guidelines or limitations and is changed every other day? How can you call something a law that has no set rules? We have someone in rewriting Americans basic financial protection that doesnt have the slightest clue how insurance works.
We are hearing stories of people who have serious illnesses about to lose their coverage and treatments in the next couple of months. There are people getting treatments which cost tens of thousands of dollars who are about to become uninsurable. These people had good insurance through their employers or self insured with manageable plans and deductibles which covered them just fine and are about to be kicked out into the cold. They are either going to have their deductibles raised by thousands of dollars or are going to lose it completely. Marxists have no idea the damage they cause chasing their communist dreams or care in the slightest that those dreams are real peoples nightmares.
The insurance industry began over a thousand years ago and in America it started when the country was formed. Benjamin Franklin began one of the first insurance companies in Boston with a fire insurance provider which did very well. The idea of insurance is to group thousands or millions of people together to share the risk so one person does not carry the entire loss.
Insurance companies also have a reinsurance component which spreads the risk among the entire industry so one company does not take too big a hit and not cover their losses. On top of that, all of the insurance companies purchase a risk policy from Lloyds of London which is the largest insurance company in the world which spreads the risk worldwide. Unfortunately the only risk the insurance industry is not positioned to absorb is the risk of an overaggressive Democrat Party passing laws to destroy them. It is the only thing big and powerful enough that they cannot re-insure against.
Over the centuries these companies were able to come up with formulas which would allow them to charge as little as they could while spreading the risk, yet have enough in reserve to pay the potential claims. This is a free market solution to a potential devastating catastrophe as these companies covered everything from cars to oil tankers. They use the same formulas and statistics to predict the amount of claims they will have in the upcoming year and charge the appropriate premiums. These formulas have been written and rewritten over the decades as they fine tuned their products year after year making their formulas more and more accurate as well as their processing more and more efficient. Neither of these forces existed or were considered by Obama, Pelosi or Reid.
Egomaniacal politicians like Obozo and Nazi Pelosi are never going to consider they could never build a system as efficient or work as well as a capitalistic system and never will admit it as the evidence is blowing back in their faces. After all they took college courses from Marxist professors who taught that communism worked better than free market capitalism and they are smarter than evil capitalists.
So now we have their boondoggle recorded as a law and we are losing all of our basic freedoms because of it. They are trying to fix it when it is an atomic bomb about to go off inside every Americans fiscal budget as well as the federal budget in DC. There is no way to fix it since its sole purpose was to destroy the insurance companies and replace them with the IRS. The only chance of fixing it is to repeal it and let the companies survive to restart and absorb the uninsurable in some sort of risk plan. Obama has made a huge disaster that is going to take years to fix, but the only first step to avoid a Nationalized plan is to repeal it completely and have the feds and states take their hands off. The markets can fix this problem if they were given a chance which scares the Dems more than anything.
The Tea Party and Sarah Palin were exactly right when they said this plan was going to enslave people and there will be Death Panels to decide who lives or dies. We are seeing people starting to question whether they will be having treatments approved and doctors limiting their practices now. We are seeing churches being forced to cover abortions in spite of their religious rights. We will see it get more severe as the insurance companies collapse and have everything turned over to the gummit to decide who gets treated. After that every American will become a slave hoping they or their families are treated by the IRS or have to prepare for the alternative. Nationalized healthcare is one reason Stalin rounded up the poor and shipped them to be starved in the Gulags; it was cheaper than treating them. Wonder what cost saving programs Obama, Pelosi and Reid have for us?
Pray America wakes up
Note: The above opinion is not necessarily my own, but FReeper Brays. If you wish to discuss this, please ping Bray.