Backdoor Election Rigging

Most of us know there is an extremely high probability that our health insurance will soon be changed. But, are you aware that you will start paying for the new insurance soon after the bill is signed but you can’t use it until 2013? The Obama Administration will start collecting money for insurance but the next president will be the one to start paying the bills.

Of course, Obama plans to be the next president and is already campaigning. His deficit spending will be reduced significantly by the funds he collects for the new insurance. Simply by reducing Medicare by $500 billion per year for the next three years means $1.5 trillion less in spending. When this is added to the funds he will collect for insurance that can’t even be used until 2013 he likely will have a budget surplus by the 2012 elections. By 2012 no one will remember, or understand, how he obtained a budget surplus but will just praise him for having one. This is nothing more than backdoor election rigging.

Advertisement

For those of you who think the democrats are trying to help you with affordable health insurance, ask them why you have to start paying now for something you can’t use until 2013. Even the CBO has to use these figures. Their costs analysis is based on ten years of collections and only seven years of expensed. What will it be like during the second 10 years?

Many people talk about how great Clinton is because he left office with a budget surplus. Only those of us old enough to remember the early 1980’s understand how he did it. Interest rates in the 80’s were extremely high but dropped significantly while Clinton was in office. All Clinton did was borrow money at the lower interest rate and retire debt with higher interest. Since interest on our national debt is the forth (some would argue the third) largest expenditure the government has it was a no brainer to do this. Would you not refinance a 14 percent mortgage if the rates dropped to 7 percent?

You may want to reconsider if you think politicians are your friend. Both democrats and republicans are well aware of how little power the voters have because they are so gullible they’ll swallow anything.