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Obama: What is the Punishment for Fraud?

December 20, 2013 By Richard C. Young

The facts are on the table: Obama, Pelosi and the Democrats have committed massive fraud. O’Care was sold to Americans on the basis of a bold-faced package of lies. And the deception started from day #1. Whose job is it now in Congress to call for proper punishment as well as total repeal? I do think the implode, collapse, repeal model will carry the day. The basic premise of healthy young Americans being willing to signup for O’Care’s four “scrap metal” grade plans to cover a mountain of sick Americans is a non-starter. This model is not working over a broad front, and Obama knows this. Democrats as a party know they have committed a disgraceful fraud and must meet the voters next fall. Here Charles Krauthammer neatly ties a ribbon on the O’Care package of lies and deception. Who is now going to ring the bell of payback?

The lie of the year, according to PolitiFact, is “If you like your health-care plan, you can keep it.” But the story of the year is a nation waking up to just how radical Obamacare is — which is why it required such outright deception to get it passed in the first place.

Obamacare was sold as simply a refinement of the current system, retaining competition among independent insurers but making things more efficient, fair, and generous. Free contraceptives for Sandra Fluke. Free mammograms and checkups for you and me. Free (or subsidized) insurance for some 30 million uninsured. And, mirabile dictu, not costing the government a dime.

In fact, Obamacare is a full-scale federal takeover. The keep-your-plan-if-you-like-your-plan ruse was a way of saying to the millions of Americans who had insurance and liked what they had: Don’t worry. You’ll be left unmolested. For you, everything goes on as before.

That was a fraud from the very beginning. The law was designed to throw people off their private plans and into government-run exchanges where they would be made to overpay — forced to purchase government-mandated services they don’t need — as a way to subsidize others. (That’s how you get to the ostensible free lunch.)

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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