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Prison Planet.com » Obamacare, the Great Swindle

Now that Obamacare has been ruled a tax by the U.S. Supreme Court, reality is starting to sink in for all those who emotionally supported it.

Promoted as a way to provide either free health care or low-cost health care to the masses, the sobering reality is that under Obamacare, health insurance prices keep rising, not falling.

That’s no surprise, of course, since the Obamacare legislation was practically written by the health insurance companies, and they sure didn’t put their weight behind a sweeping new law that would earn them less profit.

In an era when the so-called “99%” are sick and tired of being exploited by the one percent who control everything, they just handed their medical futures over to precisely the one percent who skillfully monopolize the conventional health care system!

Obamacare is, at every level, a huge victory for the one percent.

A costly new tax on the middle class

By the year 2016, the Obamacare “penalty” tax will reach roughly $2,000 per year for a two-person household. According to Stephen Moore of the Wall Street Journal, 75% of the financial burden of Obamacare’s new taxes will fall onto Americans making less than $120,000 a year (http://www.humanevents.com/2012/06/30/wsj-chief-economist-75-of-obama…). The great Middle Class, in other words, will bear this new tax more than anyone else.

In effect, what has really happened here is a great swindle: Obama got the middle class to support his legislation by promising it was NOT a tax, and by promising it would LOWER health insurance costs. In reality, however, it RAISES health insurance costs, it IS a tax, and the majority of that tax burden falls squarely on the very same middle-class voters who put Obama into office under false pretenses. That’s a swindle, by any definition……..

EXCERPT

via Prison Planet.com » Obamacare, the Great Swindle.

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