President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reigned In

President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reigned In

blogs.abcnews.com

President Obama told ABC News’ Charles Gibson in an interview that if Congress does not pass health care legislation that will bring down costs, the federal government “will go bankrupt.” The president laid out a dire scenario of what will happen if his health care reform effort fails. If we don't pass it, here's the guarantee….your premiums will go up, your employers are going to load up more costs on you,” he said.

(visit the link for the full news article)

Wow that is SCARY!!! We must pass the bill now!!!......NOT

I have news for the President. America is on its way to going bankrupt whether the health care bill is passed or not. How on earth would adding millions of people to medicare prevent us from going bankrupt?

To me this is a desperation move, he is now resorting to scaring the American people into supporting the heath care bill. Shame on him for using fear mongering tactics that he has complained about coming from his opponents.

Obama did not seem to care about America going bankrupt while spending money at a record pace this year but now he is concerned..

blogs.abcnews.com
(visit the link for the full news article)

What a shill! I can read right through this. Here's the missing ingredient... there is an increasing number of us hoping to God that the whole system goes bankrupt - the sooner, the better!!! This promise of his simply makes me even MORE opposed to this abomination!

The sooner we go bankrupt the quicker we will join the U.N., the quicker we join the U.N. the quicker we will be put under the knife of Genocide "Copenhagen Climate Conference", the quicker this happens, the quicker the extraterrestrials come back enslave the rest of humanity (500 Million humans) thats left and use them up till there is no humanity left.

At least theres a plan in place.

Fox

from op's source

The president said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.”

If this is the case, then common sense would have told him that he needed to tackle Medicare and Medicaid before trying to fix the whole system.

Nothing but a scare tactic.

There is not one line in the bill GUARANTEEING ANYTHING EXCEPT THE PART THAT WE WILL PAY MORE TAXES.

Everything is based on assumptions. Prices will go up when everything has to be covered and will continue to go up as long as we as Americans continue to choose to live unhealthy lifestyles.

If you will excuse me, I have to finish my big MAC.

[edit on 16-12-2009 by jam321]

So... Obama is different from Bush how? PASS MY LEGISLATION OR THE TERRORISTS WILL KILL US ALL!!!

Same thing here. Obama can go hang himself for the traitor he is.

This shows how STUPID Obama is.

Health Care cost are Not the reason we are in a depression or the reason we have a x trillion dollar national debt.

I say we impeach this clown before he does something else just as stupid. What, we cannot impeach him because he didn't break the Law.. Fine. Get a Rope!

The government is already bankrupt.
www.abovetopsecret.com...
No point in typing the same thing in two threads...

mmm mmm mmm Barck hussien obama

Everybody lets sing it together;

Well, stop the crooked politicians like al gore, BErnenke and so forth, form skiming millions off our taxes for starters....this is just a scare tactic, to enforce new taxes, and ge his oh so precisous health care reform rolling. this is so wicked and devious, its simple

Let em go bankrupt ide lvoe to see the politicians crying for help jsu as us over raped taxpayers are... a moment of seeing that on tv news, would be so good at heart to me, i woudnt need sex for almost a year let em realize what knida hole they dug, so the public will wake up 100% and realize whats really going on around them and behind thier back

Originally posted by kozmo
What a shill! I can read right through this. Here's the missing ingredient... there is an increasing number of us hoping to God that the whole system goes bankrupt - the sooner, the better!!! This promise of his simply makes me even MORE opposed to this abomination!

Thats the quote of the day the !!

2nd line

He forgot to mention that this perverted version of socialized healthcare DOES NOT ADDRESS THE COST OF HEALTHCARE!

It is nothing more than a few tweaks that in the end, simply forces EVERYONE to buy coverage.

Unless the conglomerate of the healthcare/insurance/big pharma entities is dismantled, they are the ones who will ultimately benefit. The federal government is simply useing this as a way to forcibly insert themselves into the money well that is tapping the backs of the taxpayer.

WAKE UP!

This CANNOT be the change that Obama voters had in mind. All of the free socialized welfare benefits that possibly WERE in the minds of poor voters will be drastically overtaken by the costs payed to the conglomerate by those same voters. Universal healthcare is a noble concept, but this travesty has nothing to do with nobility, and will do far more harm than good. Especially in a time when NO ONE can afford it.

Contact your senators, the time for action is now.

All that is necessary for the triumph of evil is that good men do nothing. ~Edmund Burke


Edit: BB code, again

[edit on 12/16/2009 by AlienChaser]

They did the same thing with the bailouts and stimulus. 'If we don't pass this bailout, the banks/our economy will collapse!' Then it was 'If we don't pass this stimulus, the nation will be in danger!' Now it's 'If we don't pass this health care bill, our federal government will go bust!'

Unfortunately, some will still fall for it.

What bothers me about this is that in the past few months Obama accused the opponents of the bill of scaring people and then he turns around and does the exact same thing to try to get it passed.

The sad thing is that a lot of Americans will watch this and believe it without question.

reply to post by Erasurehead


Translation: "We're already bankrupt, but I'm going to lie so you don't know that and get my way at the same time."

reply to post by Erasurehead


Im sorry to but hes right..

you guys owe the planet 57 trillion.

How about you spend less on arms? i mean you do spend more than all the nations on the planet put together?

would seem logical "kinda"

just my 2cents

oh and check out c-span buget oversite commite hearings "spooky"

reply to post by Erasurehead



Well I for one am glad our President isn't resorting to fear mongering to get his agenda passed>.........oh wait a sec.

Hopefully more and more people are starting to peak behind the curtain and see just a man, not the Wizard of Oz.


[edit on 16-12-2009 by pavil]

reply to post by AshleyD


Yet you pay insurance companies for heathcare?

you PAY them not the goverment "they set the price" not the goverment.

Call me stupid but you are BROKE and paying insurance companies all this money aint helping

I love my socialised heathcare

reply to post by pavil


What do you mean like the FED? or WMD's? ohhh ok...

Golly now here is me thinking the FED was apart of the goverment when its not.