Massachusetts Treasurer: Dems healthcare plan will 'bankrupt the country in four years'... , page 1
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Topic started on 17-3-2010 @ 03:09 AM by plumranch

Massachusetts Treasurer: Dems healthcare plan will 'bankrupt the country in four years'...


www.bostonherald.com
“If President Obama and the Democrats repeat the mistakes of the health insurance mandate on a national level, they will bankrupt this country within four years,” Cahill said. “It is time for the President and the Democratic leadership to go back to the drawing board and come up with a new plan that does not threaten to wipe out the American economy.”
(visit the link for the full news article)


Related News Links:
www.bostonherald.com


reply posted on 17-3-2010 @ 04:26 AM by MaxBlack
Both parties don't have anything to gloat about. Both parties have played a role in leading this nation into ruin. While the Democrats plan to bankrupt the country is projected for such a health care bill that no one wants, we have to ask ourselves whether this revelation of bankrupting the nation is intentional or the proud work of imbeciles.

I could stand it, although I wouldn't be happy about it, if this were the work of the Obama Circus of Imbeciles, but something in my gut tells me this is an intentionally planned collective Globalist, Lucifer, Lord of Darkness NWO effort to destroy America that is coming together right before our very eyes.

Bankrupt the USA, the banks get rich, we get taken and get robbed, anyone putting up a fight is killed as a terrorist or what they now call a belligerent.

Can you believe that, a belligerent, most the people that are willing to shoot you and kill you to keep you down like dogs cant even spell GED let alone spell belligerent. Besides you don't need to spell when you carry guns and lots of bullets and wear lots and lots of black on black attire. Hell, I'm sure they even practice in the mirror at home their most favorite command: "Put your hands on your head MFO and drop to your knees...and do it NOW..MFO or I'll blow your Birdbrains all over that wall! " Do it NOW! Anyway, let me get back on track.

Once the dollar is worth nothing/zero value and when the USA is competitively bankrupt, there will be no more way to pay for food. We will have transitioned into the Twilight Zone and I for one don't want to play in a world where there is no cash, nothing but pain and misery and the makings of chaos and anarchy on a daily basis. Hunger, Starvation, death and misery would become our daily curse.

Hunger, chaos and civil unrest is the bastard demon child of a bankrupt nation. Let's hope the imbeciles are at work instead of the NWO because even though its the lesser of two evils, imbeciles I could get over, Globalist corrupt politicians are another matter. They want to kill everyone and the moment they think they can get away with it, they will make that push for the World Government that they say doesn't exist but which they announce all the time we must move towards for the sake of the planet and mother earth.

While its good to see that those in Massachusetts can discern the grave condition they project for the USA and our fiscal demise, but then again I really didn't need to be reminded of what I already suspected. Right now I feel like I'm waiting for the shoe to drop over the US FED dollar and that has me on edge. Mississippi Queen, if you know what I mean.

Thanks for the posting.


reply posted on 17-3-2010 @ 11:33 AM by plumranch
reply to post by Emerald The Paradigm





The U.S. has never been bankrupt.


When you think bankrupt think of a country like Greece! It has so many social mandates built into the system the strikes go on while the country is literally sinking financially. Then there are the other PIIGS! (Portugal, Ireland, Italy, Greece and Spain).

We are heading into an era of poor economics with decreasing work force and the Baby Boomer's (already spent) Social Security coming due! Many are retiring this year, BTW.

What Barack and the Dems are trying to do is ram through another huge social mandate while we still have the ability to borrow money. Then when the SHTF starts millions more will be permanently on the dole and will demand their little piece of the pie. And, the Dems think those people will vote Democratic.

This era goes through the next 10 to 15 years and will be particularly bad for the X and Y generation as they try to support the Baby Boomer bubble in their retirement. Hopefully they won't have a huge mandate in the form of health care also as that would be double whammy!



reply posted on 18-3-2010 @ 10:47 PM by plumranch
reply to post by plumranch



CBO: Huge deficits to average $1 trillion per year over the next decade

The Congressional Budget Office (CBO) said President Barack Obama's budget would lead to annual deficits averaging nearly $1 trillion for the next decade. The estimates are for larger deficits than the budget shortfalls expected by the White House.

Annual deficits under Obama’s budget plan would be about $976 billion from 2011 through 2020, according to a CBO analysis of Obama's plan released Friday.


Not only will spending continue to soar under Obama but tax income will be down according to CBO:
CBO expects fewer tax revenues largely because it expects less economic growth than the White House over the next decade.


Can anyone honestly argue that Obama and Obamacare will not bankrupt America?

[edit on 18/3/10 by plumranch]


reply posted on 18-3-2010 @ 11:12 PM by TheWalkingFox
reply to post by xxshadowfaxx



It's called political bullcrap. Cahill, serving as a wannabe independent (sort of like Lieberman, where "independent" just means "Republican that jewish people will vote for") under a Republican, has a vested interest in slinging this slobber far and wide.


reply posted on 19-3-2010 @ 02:03 PM by plumranch
reply to post by jam321





I find it hard to believe that taxes and fines will pay for this healthcare as well as the rest of the entitlements.


The strategy is to ignore the consequences, ram through any legislation they can and deal with the consequences later! The slam, bam, thank you Mam approach. No wonder the bill has such a low approval rating!



reply posted on 19-3-2010 @ 04:28 PM by plumranch
reply to post by EnlightenUp





What utter nonsense. On one side of their mouths, when it suits, folks insist This Great Nation (of ours)™ is already bankrupt but at the same time it is going to be bankrupt, when it comes to anything Obama.


No offense, but speak for yourself. I study, watch the markets, read all I can, studied university economics and pay attention to the people in a position to know. Plus I remember history like a lot of other people.

Eg. CNBC, the money channel, took a poll of its listeners today and found 75% were against this legislation! These are people who are serious about their economic future and have a stake it the future.

[edit on 19/3/10 by plumranch]


reply posted on 19-3-2010 @ 06:40 PM by sos37
Originally posted by TheWalkingFox
reply to
post by xxshadowfaxx



It's called political bullcrap. Cahill, serving as a wannabe independent (sort of like Lieberman, where "independent" just means "Republican that jewish people will vote for") under a Republican, has a vested interest in slinging this slobber far and wide.


Funny, I was thinking the exact same things about your posts. You always come running to the defense of Obama, no matter where the criticism comes from. Almost like a paid shill. Or a shill.
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