Obama’s Upcoming Trillion Dollar Insurance Company Bailout Is Circling the Drain

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Backroom deals, government-bailouts, Insurance companies, Obamacare

 

 

Independent Sentinel by S. Noble

Barack Obama couldn’t even set up a website, much less a healthcare plan that works. Obamacare is dependent on taxpayer dollars being constantly funneled into it and Medicaid, the “free” healthcare is responsible for almost the entire increase in healthcare enrollment. Most of the Obamacare enrollees are receiving subsidies. One of the fatal flaws in the program that has been overlooked is that of the “risk corridor” but it’s moving front-and-center now as Obama tries to use it to bail out insurance companies.

Insurance companies can’t give out all the services he demanded they give and stay solvent without raising the premiums astronomically, so Obama’s plan was to use the risk corridor provision in the bill to bail out insurance companies when they inevitably decide to pull out of Obamacare.

Marco Rubio has temporarily stopped it and accelerated the inevitable collapse of Obamacare, but I wouldn’t get too excited yet […]

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Ted Cruz Launches Constitutional Challenge against Spending Bill over Obama’s Amnesty Decree

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Backroom deals, Barack Obama, Cromnibus, Harry Reid, Illegal Executive Amnesty, Obamacare, Ted Cruz, U S Senate

 

Last evening Sen. Ted Cruz (R-Texas) challenged the constitutionality of the $1 trillion Cromnibus spending bill.

In so doing, Cruz has set in motion a process that for the Senate would “force the Senate to vote on whether the bill violates the Constitution because it allows President Barack Obama to implement his executive action on immigration.”

The Blaze

“The president has justified this illegal amnesty by saying he told Congress what he wanted, and Congress refused to give it to him,” Cruz said. ‘Well, Mr. President, the relationship in our constitutional republic between the president and the Congress is not the relationship between a parent and a child.’

‘The president does not get to demand of Congress, ‘here is the policy I want; either give me what I want, or I will decree it to be so and ignore the law,’ he said. ‘That is the president’s bargaining position.’

Cruz took to the floor Friday evening, and said Obama’s immigration action violates the Constitution and is closer to the act of a monarch than a president….

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Immediately after, soon to be minority leader, Harry Reid, asked for a unanimous agreement for a Senate 5 p.m. Monday to which Senator Mike Lee (R-Utah) objected.

The session resumes today at noon in the Senate.

LINK:
http://www.theblaze.com/stories/2014/12/12/ted-cruz-launches-constitutional-challenge-against-spending-bill-over-immigration/

Success of Iran nuclear deal is in the eye of the beholder.

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Backroom deals, Barack Obama, Benjamin Netanyahu, Geneva Switzerland, Hassan Rouhani, iran, Iran nuclear arms deal, israel, John Kerry, Shimon Peres, united-states, Valerie Jarrett

EU Iran talks Geneva Switzerland 11232013 Image courtesy of Flickr.

Less than 24 hours ago, Obama the monarch, attempted to spike the ball another he announced that a deal had been negotiated with Iran to rein in its nuclear program in exchange for limited sanction relief [some of which was relieved months ago – my emphasis] as six countries the world’s superpowers appears to have successfully negotiated the accord in Geneva, Switzerland.  At the negotiation table besides Iran was the United States, France, Germany, Britain, China and Russia.

In a moment clearly intended to spike the ball, Obama proclaimed that “substantial limitations that will help prevent Iran from creating a nuclear weapon…but I have a profound responsibility to try to resolve our differences peacefully rather than rush towards conflict…”

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Backroom deals, Healthcare insurers, Medicare C

During Tuesday’s press briefing at the White House, press secretary Jay Carney walked back the “if you like your doctor, you can keep your doctor” lie thus setting Americans up for yet another huge fail under the Obamacare train wreck.

“If you like your doctor, you will be abe to keep your doctor period.  Is that promise still on?”

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