Sunday, January 19, 2014

Insurance Company Bailout?


It is being reported that due to the massive problems with Obamacare and the lack of young people that are signing up (Yes this is a Ponzi scheme) that are needed to pay for those who have more medical needs, is not working they way the master planners in the White House said would happen.  Now we hear rumblings that the insurance companies may need a bailout.  Well, they bought into Obamacare on the idea that this was going to bring windfall profits into their company.  Now, that does not seem possible so a bailout may be needed for them to survive.  Of course, this is exactly what President Obama and company wants so they can push for a single payer system.  Yes, government taken more control of your life.  However, there is a roadblock to a bailout and that is John Boehner and his republicans that control the House.  You can expect Boehner and company to go nuts over this.  But, you can be assured, after all the rhetoric, No Backbone Boehner will cave and the House will approve a bailout over the objections from the American people and his fellow congressional republicans.  All Boehner needs to do is to alert the insurance companies that no bailout is coming and you better pull out of Obamacare but he will not.  Imagine how much the republicans can extort from insurance companies in contributions by playing the game. 

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