Sunday, November 3, 2013

Naked and near defeat, Part III

This Ponzi scheme titled Obamacare has one glaring fact is the need for young, healthy rubes to actually pay into the system to cover those who are not.  The key words here are young and healthy.  The reason this scheme needs the young and healthy to pay is due to "actuarial math" when the Government ran its estimates of income it needed in order to offset the reality that premiums would skyrocket without achieving those figures.

The age group specifically targeted for this reality is 18-34.  A lot of people in this age group are being covered under their parents Health Care insurance due to a tweak in the law expanding the age group upward.   Over the last week and a half Americans have walked out to their mailboxes only to find that their current healthcare coverage is being cancelled.  As this number grows so will the anger and fear.  For the first time in our history we are dependent on the young and immature to actually comply with a rule.  Fat chance.  When you think about the young college goers you think that they are already indoctrinated into the left's ideological spectrum.  Indeed this is true, to a point.  They are lapping up the "Occupy" movements credo that the 1% need to pay for those who cannot.  Wealth redistribution is in their genes, up to a point.  Why do I keep saying "up to a point"?

The video above, in a nutshell, exposes the inherent flaw in wealth redistribution.  The old adage "what is good enough for thee is not good enough for me."  This belief has already made itself prominently across the spectrum, including the MSM.  We see a number of big business that petitioned the white house during the last election for "exemptions" in the health care law and receiving it for their support publically.  McDonald's being one of them.  In fact there have been thousands of businesses that received temporary carve outs in order to get their initial support.  We saw the other entities see this and lined up at the White House doors for the same consideration.  I am talking about the Unions.

Next, in a not so unexpected move, Congress and their Staffers complained and once again Obama broke his own law and provided those who make hundreds of thousands a year in salary with financial help to pay for insurance. 

This did not sit well with the public.  Why do our elected leaders get a pass on this harmful law when we have to eat it?

As time passes and the inability for those young, unfocused individuals who worry about where their next off campus party is, cannot sign up they will give up.  They will opt for the $50 penalty.

"According to recent research by the National Center for Public Policy Analysis, about 3.7 million of those ages 18-34 will save at least $500 if they choose not to buy health insurance and instead pay what the Obama administration calls the “shared responsibility” penalty. Another 3 million will save $1,000."

I assume this age group can do basic rudimentary math.

"In his story, reporter Chad Terhune also quoted a letter sent to a California insurance company executive. "I was all for Obamacare," wrote a young woman complaining about a 50 percent rate hike related to the health care law, "until I found out I was paying for it." -- American Thinker


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