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Three Years On, Obamacare Has Become Irresistable

Bear Trax Wrote: Mar 24, 2013 11:59 AM
We've got our own Cyprus financial crisis brewing. With Obamacare comes the government able to take whatever they want out of your checking account to "comply with regulations". In Cyprus, the threat of nearly everyone wanting to withrdraw their money caused the closing of the banks for over a week now. Cyprus, is the european equivalent of the Cayman Islands, where banks hold crime money and government graft, no questions asked. The government tried to impose a new tax on bank deposits to cover their 'welfare state' payments. The people revolted. Obamacare will certainly cause the same reaction when people begin to pay the $3500/month that workers with dependents, will be having to pay for policies that carry-over into 2014.
It has been federal for three years. It has brought chaos to the labor markets. It has cost people their livelihoods and it is more unpopular than ever.

So why does “Obamacare” (officially known as the “Affordable Care Act”) remain so irresistible for so many of our fellow Americans? Because at its core Obamacare is not about health care, so much as it is about the redistribution of wealth, and for those who are on the receiving end of the redistribution the agenda is completely irresistible.

When the federal government doles-out cash, it’s difficult to say “no.” That’s why many of...