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Roanoke Times, 10-18-11, Back on page 4 in little type: Repeal of insurance plan won’t affect deficit.
But in the fine print: “until now CLASS has been counted as reducing the deficit by more that $80 BILLION dollars.”
The $80 Billion was planned to be collected from Americans as premiums for long term and end of life care for years before there would be any benefits provided.
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“Won’t affect deficit”! Are the people who write these AP headlines brain-dead or what?
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Obama and his Democrat henchmen were using these “advance” premiums to supposedly lower the deficit and debt. Now what are they going to cut to makeup for the $80 Billion? Talk about a Ponzi Scheme!
What would happen to any Insurance Company that tried to pull off this type of scam on the elderly and infirm? But this is OK because it’s being done by Obama and friends!
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Is there anything that this administration has done or is doing that would merit some negative comments by the Editors of the Roanoke Times and their associates? Perhaps they should read this blog for hints. Even Jay Leno and Jon Stewart have finally figured out that Bush is gone and the new guy isn’t doing very well.
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http://roanokeslant.blogspot.com/2011/01/roanokeslant-new-years-reflections.html
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http://roanokeslant.blogspot.com/2011/10/obamacare-death-panels-rising.html
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