Saturday, March 25, 2017

OBAMACARE SURVIVES, AND THE ELITE ARE THRILLED

Speaker of the House (and ultimate insider) Paul Ryan admitted to defeat after Congress failed to repeal the Obamacare Act (Affordable Care Act). The fact that the Republicans were not able to repeal the act,  regardless of how much they spoke about it during the election, is hardly a shock to anyone that is the least bit aware of American politics today. Obamacare is still the law of the land because the Washington Establishment never had any intention of repealing it. Under the leadership of Speaker Paul Ryan, Congressional Republicans sponsored a bill that would "fix" Obamacare, instead of repealing it as was promised. This caused a number of Conservatives associated with the House Freedom Caucus to revolt and oppose Speaker Ryan's proposed bill.

Picture taken during the 2016 State of the Union

The Obamacare bill is a very misguided law; it fails to reduce the rising cost of medical care as it was originally planned. However, the Elite, people of both parties that are connected to Wall Street, the big banks, and industry, are fully in support of this bill. Paul Krugman, a Nobel prize winner for his research in Economics, has sung the praises of Obamacare; while admitting it has several major flaws. It is a bit disconcerting to realize that Socialist groups such as the International Committee of the Fourth International (ICFI), are very much opposed to what they call the "right-wing" health care bill. The Socialists claim it does little to nothing in terms of providing health care to the poor, while enriching health insurance companies by forcing everyone to purchase health insurance. Conservatives and Libertarians oppose Obamacare for a number of reasons. It should be carefully noted that the rising cost of medical care is directly related to monetary inflation, as are the rising costs of college tuition, real estate, and everything else. The reasons for this vast inflation can be found in one of my previous articles. Obamacare's attempt to sugar-coat the problem with increased subsidies, or whatever it does, has already proven to be futile as costs are still rising.


During his election campaign President Trump promised to force the Mexicans to pay for a wall on the Southern border, repeal Obamacare, and spend tax money we don't have on things we don't need. So far, Trump is batting a 0.0 average, he's not been able to deliver on any of his grand promises. We will have to wait and see if this Obamacare fiasco reignites the animosity Trump and Ryan had for each other during the campaign. I think people that voted for either Trump or Ryan, based on their promises, are in for some terrible disappointment.


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