Read the Thursday Afternoon Wrap-Up for 6/13/2013 and the Friday Morning Commentary for 6/14/2013
I have long written of Obamacare as the singularly most destructive piece of legislation EVER passed. How it got through the Republican-controlled House is still beyond me…
Vote Results: House Passes Obamacare by 219-212
…let alone, how the Supreme Court validated its constitutionality; as the deciding vote was not only cast by a Republican – but a recently appointed CHIEF JUSTICE…
“S.C.O.T.U.S. CHANGES U.S.A. INTO R.U.S.S.I.A.”
For the average person – myself included – Obamacare is impossible to decipher; given that it contains 33,000 pages! I can guarantee most of Congress hasn’t read it either; nor, likely, Obama himself…
Congress doesn’t read the bills they vote on
Either way, it reminds me of the scene in Robocop 2; when Robocop’s brain is so overloaded with regulations, he must electrocute himself to avoid malfunction…
Robocop electrocutes himself
Governments have a long, sorry history of regulation attempts; and nowhere more so than the 21st Century United States…
Record 10,978,040 Now on Disability; ‘Disability’ Would Be 8th Most Populous State
…with no industry more in danger of being abused than healthcare…
Top Industries – Lobbying Spending Database | OpenSecrets
Fortunately, one of my good friends – 30-year surgeon Dave Janda of Operation Freedom – has dissected Obamacare; and consequently, is considering leaving the profession when it commences next year…
Dr. Dave Janda dissects the Obamacare propaganda and misinformation
Dr. Dave Janda dissects the Obamacare propaganda and misinformation
…a launch, by the way, we are already paying for…
When Obamacare starts in 2014, Health Insurance is required; but we’re Taxed Now
The President may think Obamacare’s “great,” as it garners votes from those that can’t afford health insurance…
President to explain how Great ObamaCare is
…but ultimately, we will pay for it via INFLATION; as in a nation with annual trillion dollar deficits, the only way to pay for the guaranteed “unforeseen” trillions is with fresh MONEY PRINTING…
Obamacare’s Hidden Costs prove Astronomical
…not to mention, physician shortages and care rationing…
Thanks To Obamacare, a 20,000 Doctor Shortage Is Set To Quintuple
However, this blog focuses principally on its financial aspects; which if the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 – among others – are any indication, will cost vastly more than anticipated…
Actually, what motivated this RANT was a list created by someone named Greg Kellogg, who actually pored through Obamacare to find its most disturbing aspects; which ominously, reads a LOT like Robocop’s program…
In fact, the list is so horrifying, it makes one consider leaving the country…
TOP FIFTY THREATS FROM OBAMACARE
…particularly the horrific taxes detailed below; which will SURELY yield hundreds of thousands – if not millions – of layoffs in the coming years
- Pg 149, lines 16-24: All employers with an annual payroll over $400,000 that do not offer private health insurance coverage or use a percentage of their payroll expenses to help finance a public plan will pay an 8% tax on all payroll.
- Pg 150, lines 9-13: All employers with an annual payroll between $251,000 & $400,000 that do not offer private health insurance coverage or use a percentage of their payroll expenses to help finance a public plan will pay a 2-6% tax on all payrol
We already know part-time jobs are surging – at the expense of full-time positions…
…which in the BLS’ “NEW EMPLOYMENT PARADIGM,” are one and the same…
America’s Transition to a Part-Time Worker Society Accelerates as Part-Time Jobs hit Record
…so just wait until Obamacare commences in 2014, when such trends EXPLODE…
Businesses say They’re Hiring Less and Laying off Workers because of Obamacare
…or, more likely, in the second half of 2013 – as employers prepare for what’s coming…
Wal-Mart hiring more temporary workers – May be a strategy to mitigate higher health care costs
How many ways will the “OBAMACARE CATASTROPHE” manifest itself, you say? Let me count the ways…
Obamacare Is Coming: Are You Prepared?
