There is much which should be hung around the necks of the Democrat party, if only American history were taught honestly in our schools.
Any fool can plainly see that endangered Dems are frantic----rushing to pass this abomination b/c they need to get money into the hands of ACORN, SEIU, immigrant groups, and others, BEFORE the Nov 2010-12 elections.
Even stupid Dems know that, for them, it's curtains in 2010-12---unless massive voter fraud takes place. They need to buy votes and must get billions into the hands of their operatives---ACORN, SEIU, immigrant groups, and others.
OBAMACARE UPDATE The US Senate may break their own rules, and go against the will of the vast majority of US Citizens, to pass health care bill.......by using the nuclear option.
Obama already has a huge slush fund---80% of stim is unspent. Then on June 9, 2009 Obama announced, "Several financial institutions are set to pay back $68B to taxpayers." Taxpayers assumed that would be returned to the general funds from whence it had come .......in order to pay down the debt. The truth, is that the money returned is finding new life as part of what amounts to a Treasury Dept-controlled slush fund.
Obama may be colluding to give something extra of value----campaign financing, district money, govt gratuities, jobs for relatives, etc----in exchange for healthcare votes. Mary Landrieu (D-LA) got $300 million for her House vote.
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ObamaCareCost Could Top $6 Trillion
Cato Institute | 9/27/2009 | Michael F. Cannon
FR Posted on 11/29/2009 by GVnana
(Excerpt) Congressional Democrats are using several budget gimmicks to disguise the cost of their health care overhaul, claiming the House and Senate bills would cost only (!) about $1 trillion over 10 years. Now that critics have begun to correct for those budget gimmicks, supporters of ObamaCare are firing back.
One gimmick makes the new entitlement spending appear smaller by not opening the spigot until late in the official 10-year budget window (20102019). Correcting for that gimmick in the Senate version, Sen. Judd Gregg (R-NH) estimates, When all this new spending occurs i.e., from 2014 through 2023 this bill will cost $2.5 trillion over that ten-year period.
Another gimmick pushes much of the legislations costs off the federal budget and onto the private sector by requiring individuals and employers to purchase health insurance.
(A) When the bills force somebody to pay $10,000 to the government, the Congressional Budget Office treats that as a tax.
(B) When the government then hands that $10,000 to private insurers, the CBO counts that as government spending.
(C) But when the bills achieve the exact same outcome by forcing somebody to pay $10,000 directly to a private insurance company, it appears nowhere in the official CBO cost estimates neither as federal revenues nor federal spending.
Thats a sharp departure from how the CBO treated similar mandates in the Clinton health plan. And it hides maybe 60 percent of the legislations total costs. When I correct for that gimmick, it brings total costs to roughly $2.5 trillion (i.e., $1 trillion/0.4).
Heres where things get really ugly. TPMDCs Brian Beutler calls the $2.5-trillion cost estimate a doozy of a hysterical Republican whopper. Not only is he incorrect ... Read more at cato-at-liberty.org ...
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ANOTHER SLUSH FUND ITEM The Obama Admin continues to rollback union financial disclosures......as they did union-boss perk disclosures, and conflict-of-interest disclosure reporting that SEIU may be ignoring.......... Obamas Secy of Labor Hilda Solis, who takes her orders from Third World, is the former treasurer of the Big Labor's "American Rights at Work" (ARAW) lobby. The disclosures about to be rescinded are about secrecy---to keep secret the lobby's expenditures to advance Big Labors agenda.
Frantic Dems are desperate to buy votes, and are pulling out all the stops to get billions into the hands of their operatives---ACORN, SEIU, immigrant groups, and others.