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The sign up for Obamacare is going so well it appears that insurance companies will need a bailout. As bad as the sign up numbers are, the number of “customers” that have actually paid for the program is likely a fraction of the paltry sign up numbers.
The administration either doesn’t know or will not say how many have not just signed up, but actually bought into the program.
It seems the only “customers” that Obamacare is attracting are the old, sick and dying. Obviously, as many have stated, the president’s program must be flush with younger healthier “customers” in order to be viable. Without those young healthy “customers” to underwrite the unhealthy, the program cannot pay for itself (not that it could anyway) and thus will require a bailout.
However, Mitch McConnell said Obamacare would likely sink under its own weight as the realities of the law become clearer.
Plus, there’s the “See We Told You So!” Obamacare will never “collapse” under its own weight as the spineless establishment Republicans said it would. It was never going to. It’s the law, after all. The Republicans knew it and they lied about it to everyone because the leadership are scared little girly men that can’t or won’t take the fight to the Democrats and our dictator in chief.
Frankly, anyone bought the whole “collapse” argument was/is a fool and doesn’t understand the law. Unless the Congress proactively defunds Obamacare, it can’t collapse on its own.
Reposted with permission
NOTHING about this law is lawful and NOTHING about this alleged law is real..
42 U.S. CODE § 18115 – FREEDOM NOT TO PARTICIPATE IN FEDERAL HEALTH INSURANCE PROGRAMS http://www.law.cornell.edu/uscode/text/42/18115
No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendments), and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs.
http://www.supremecourt.gov/opinions/11pdf/11-393c3a2.pdf Near the bottom of page TWO!
In Chief Justice Roberts written opinion; concluded in part III-A that the INDIVIDUAL MANDATE IS NOT A VALID EXERCISE of congress’s power under the commerce clause and the necessary and proper clause!
THAT MEANS ITS UNCONSTITUTIONAL!
Then, there’s the law itself; http://www.gpo.gov/fdsys/pkg/PLAW-111publ148/pdf/PLAW-111publ148.pdf
PAGE 13
(3) LIMITATIONS ON LIENS AND LEVIES.—THE SECRETARY (OR,
IF APPLICABLE, THE ATTORNEY GENERAL OF THE UNITED STATES) SHALL
NOT—
(A) FILE NOTICE OF LIEN WITH RESPECT TO ANY PROPERTY
OF A PERSON BY REASON OF ANY FAILURE TO PAY THE PENALTY
IMPOSED BY THIS SUBSECTION; OR
(B) LEVY ON ANY SUCH PROPERTY WITH RESPECT TO SUCH
FAILURE.
Page 131
‘‘(2) SPECIAL RULES.—NOTWITHSTANDING ANY OTHER PROVISION
OF LAW—
‘‘(A) WAIVER OF CRIMINAL PENALTIES.—IN THE CASE OF
ANY FAILURE BY A TAXPAYER TO TIMELY PAY ANY PENALTY IMPOSED
BY THIS SECTION, SUCH TAXPAYER SHALL NOT BE SUBJECT TO ANY
CRIMINAL PROSECUTION OR PENALTY WITH RESPECT TO SUCH FAILURE.
‘‘(B) LIMITATIONS ON LIENS AND LEVIES.—THE SECRETARY
SHALL NOT—
‘‘(I) FILE NOTICE OF LIEN WITH RESPECT TO ANY PROPERTY
OF A TAXPAYER BY REASON OF ANY FAILURE TO PAY THE
PENALTY IMPOSED BY THIS SECTION, OR
‘‘(II) LEVY ON ANY SUCH PROPERTY WITH RESPECT TO
SUCH FAILURE.’’