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Why Obama's health care reform must fail

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posted on Aug, 5 2009 @ 05:56 PM
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If you havent heard China is playing hard to get with buying up our debt. Why has China and the rest of the world bought our debt? because we a capitalistic country and have some of the largest markets for many products and services.

What will happen if Obama passes this $1 trillion plus health care reform (yea only $1 trillion like Iraq was only going to cost $200 billion).

Well why would the Chinese pay us money for our people to be given free socialized health care, when they have so many at home falling ill. This will cause massive riots in CHina if they went along with it.

China buys our debt so we keep buying thier products not so we can go and give fat pigs free health care.

If it passes believe you me, China and probably many other buyers of debt will be much much more reluctant to do so.




posted on Aug, 5 2009 @ 06:15 PM
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reply to post by Desolate Cancer
 





China buys our debt so we keep buying thier products not so we can go and give fat pigs free health care.


If everyone is too sick or dead, or bankrupt because of hospital bills, then who will keep buying their products? With unemployment at almost 10%

They are already reluctant about buying our debt regardless if healthcare reform passes or not. They were absent from the last two bond sales. (and guess what healthcare has not passed.)

http:///www.businessinsider.com/china-avoids-us-bond-sales-2009-7

Thanks to the last administration and the complacency of U.S. citizens our country is unofficially BROKE, BANKRUPT, IN THE POOR HOUSE, WELFARE RECIPIENTS or whatever you want to call it.

www.drudgereport.com...

Obama said that 4 months into his term, so he did not/will not single handily bankrupt our nation. Is their not a problem with spending trillions on war to "liberate Iraq" when we won't even spend that money to help out our own citizens.

[edit on 5-8-2009 by canihavemyvoteback]



posted on Aug, 5 2009 @ 06:46 PM
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I am not arguing against hte complete nefarious intentions of the prior admin who has brought this country to its knees in so many regards, or about the rampant graft fraud and corruption surrounding the iraq war.

What I am simply saying is that yes they where absent from the prior t sales but if the health care bill passes it will be a sort of final nail in the ooffin.



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