Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

The Farce and Fraud of ObamaCare

August 2, 2017 By Debbie Young

Shouldn’t members of Congress be required to live under the health-care law that they have imposed on the rest of America?

From the WSJ is the story of how senators and reps and their congressional staff, thanks to intervention by President Obama, received dispensation from ObamaCare. The backstory is a tutorial in Washington self-dealing.

Self-Dealing: “A situation where one takes an action in an official capacity which involves dealing with oneself in a private capacity and which confers a benefit on oneself.”

The Editors at the Journal write:

President Trump likes to govern by Twitter threat, which often backfires, to put it mildly. But he’s onto something with his recent suggestion that Members of Congress should have to live under the health-care law they imposed on Americans.

Over the weekend Mr. Trump tweeted that “If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!” He later added: “If ObamaCare is hurting people, & it is, why shouldn’t it hurt the insurance companies & why should Congress not be paying what public pays?”

Mr. Trump is alluding to a dispensation from ObamaCare for Members of Congress and their staff, and the back story is a tutorial in Washington self-dealing. A 2009 amendment from Chuck Grassley (R., Iowa) forced congressional employees to obtain coverage from the Affordable Care Act exchanges. The Senate Finance Committee adopted it unanimously.

Read more here.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Obamacare Exemption for Congress
  • Pension Fraud
  • Congress Must Repeal and Replace Obamacare
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • The PRC Aims to Make Taiwan a Pariah Nation - March 27, 2023
  • Freefalling at Stanford - March 24, 2023
  • Biden Embraces Modern Monetary Theory - March 23, 2023

Dick Young’s Must Reads

  • Who Is Alex Jones?
  • Being Fully American Means Americans First
  • Early Advice from Her Dad on Tipping at Charlie Trotter’s
  • You May Be Surprised by America’s “Least Woke City”
  • For Whom Is Your Portfolio Serving?
  • Your Odds with Statins: 500 to 1?
  • Americans Fleeing High Tax States for Growth Corridors
  • We’ll Burn the Place Down!
  • Democracy & Diversity: Not In the Constitution
  • Richard Feynman Solved the Space Shuttle Disaster Mystery

Our Most Popular Posts

  • Pushing Back at ESG
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • Are You Fairly Wealthy? I’m Listening
  • Who'd be Nuts Enough to Have Put Money into SVB?
  • Cheap Reliable Heating – a Life Saver
  • Get Well Soon Taki
  • Biden Has Lost Control of the Northern Border Too
  • For Whom Is Your Portfolio Serving?
  • Border Patrol Chief Admits U.S. Border Is Out of Control
  • Freefalling at Stanford

Disclosure

RSS Youngresearch.com

  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West

RSS Yoursurvivalguy.com

  • “You Just Have to Be Willing to Move Defensively”
  • Did SVB Fail Because of Climate Change?
  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening

The PRC Aims to Make Taiwan a Pariah Nation

“You Just Have to Be Willing to Move Defensively”

Donna: The Queen of Louie’s Backyard, Key West

Biden’s Fake Democracy Summit: Hungary and Turkey Snubbed

Freefalling at Stanford

If You’re a Highly Effective Person, We Should Talk

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives