America’s #1 expert on the debilitating consequences of Obamacare is Cato Institute’s Michael Cannon. I have met with Mr. Cannon on a number of occasions, and I am regularly impressed with his depth of knowledge and leading edge analysis. Michael lays out for readers some sorry facts, including that President Obama doesn’t want Congress to reopen Obamacare, thus he’s buying congressional votes with stolen money. Here’s the whole story—rotten to the core—from a real expert.
America has a two-party system. But it’s not Republicans versus Democrats. It’s the ruling class — Republicans and Democrats — against everyone else. Consider how President Obama just gave Congress its very own Obamacare waiver.
Obamacare includes a provision that should cost each member of Congress and each staffer $5,000 to $11,000 per year. Needless to say, the ruling class was not pleased.
Congress wasn’t about to try to exempt itself from this provision explicitly, though. If John Q. Congressman voted to give himself an Obamacare waiver that his constituents don’t get, he wouldn’t be John Q. Congressman much longer. What’s an aristocrat to do?
On July 30, I that, even though he had no authority to do so, President Obama would waive that provision at taxpayers’ expense. On August 1, he ignobly obliged the aristocracy by decreeing we peasants give each member and staffer $5,000 or $11,000, depending on whether they want self-only or family coverage. It’s good to be king.
Latest posts by Richard C. Young (see all)
- Will Mohammad bin Salman Be Forced into War with Iran? - November 22, 2017
- YWMF Bull and Bear Portfolio Update 11.22.2017 - November 22, 2017
- France’s LVMH (think Christian Dior/Krug) Rolls into California Wine Country - November 22, 2017