> Obama Regime Report < Obama Regime Report: More Obama Obfuscation as Insurance Premiums Will Rise NOT Drop 3000% As He Claimed....

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Wednesday, March 17, 2010

More Obama Obfuscation as Insurance Premiums Will Rise NOT Drop 3000% As He Claimed....

FACT CHECK: Premiums would rise under Obama plan:
My Way News -"WASHINGTON (AP) - Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print.

Premiums are likely to keep going up even if the health care bill passes, experts say. If cost controls work as advertised, annual increases would level off with time. But don't look for a rollback. Instead, the main reason premiums would be more affordable is that new government tax credits would help cover the cost for millions of people.

Listening to Obama pitch his plan, you might not realize that's how it works.

Visiting a Cleveland suburb this week, the president described how individuals and small businesses will be able to buy coverage in a new kind of health insurance marketplace, gaining the same strength in numbers that federal employees have.

'You'll be able to buy in, or a small business will be able to buy into this pool,' Obama said. 'And that will lower rates, it's estimated, by up to 14 to 20 percent over what you're currently getting. That's money out of pocket.'

And that's not all.

Obama asked his audience for a show of hands from people with employer-provided coverage, what most Americans have.

'Your employer, it's estimated, would see premiums fall by as much as 3,000 percent,' said the president, 'which means they could give you a raise.'

A White House press spokesman later said the president misspoke; he had meant to say annual premiums would drop by $3,000.

It could be a long wait.

'There's no question premiums are still going to keep going up,' said Larry Levitt of the Kaiser Family Foundation, a research clearinghouse on the health care system. 'There are pieces of reform that will hopefully keep them from going up as fast. But it would be miraculous if premiums actually went down relative to where they are today.'

The statistics Obama based his claims on come from two sources. In both cases, the caveats got left out."
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Well as they say "Caveat Emptor" which means "buyer beware", and in this case the buyers were the American people, and what was being sold was a "bill of goods" now named Barack Hussein Obama, who's the first Muslim born president and the first to have a number of aliases.

That alone among about 10,000 other reasons known before and now after the elections was reason enough to be skeptical of his abilities to run a 350 million person filled country effectively, regardless of what was on paper about his many academic accomplishments.

Now the "Bill of Goods - Affirmative Action" President is still selling America this bill of goods, known the world 'round today as ObamaCare. And in this morning's news surprisingly from AP just verifies what we conservatives have been arguing all along.

It will cause premiums to rise for those of us already insured instead of his bald faced lie that it would decrease them in double and even yesterday triple digits, something of which I reamed in this post here.So it looks as if Americans even in the year 2010 are still convinced even though they know better that there's a free lunch waiting for them courtesy Barack Hussein Obama.

Here's what he said that was either incredibly stupid, a misread or typed number on TOTUS, which we know Obama never leaves home without nor ever speaks his own words,  or just another flat out lie, which are all equal possibilities with this guy. In fact he's one of the few people who can do and be all those at once:
'Your employer, it's estimated, would see premiums fall by as much as 3,000 percent,' said the president, 'which means they could give you a raise.'

A White House press spokesman later said the president misspoke; he had meant to say annual premiums would drop by $3,000.
We need to start calling him DOH!Bama... what a dork.

Obama makes as many of these mistakes when speaking than George Bush EVER did and yet silence from the usual suspects.  57 States anyone? By the way,  how are they gonna cover those extra seven states Obama thinks we have anyways?

LOL is all I can say about that and them, because Obama and his buddies in DC all figured anyone dumb enough to elect him president would be stupid and or gullible  enough to eat up all this Obamacare hyperbole and lies.

And as planned, 40% still are. Morons who are still wanting this clusterf***  that is .


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The urge to save humanity is always a false front for the urge to rule it. H. L. Mencken

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