Wednesday, July 20, 2011

So, who’s Pushing For The "CUT CAP AND BALANCE Constitutional Amendment”? Health Insurance providers, of course...
If you look at H.R. 2560 what it does, is require the US Federal Gov. to not exceed 18% of GDP in spending (no matter how high or low the economy is). So this locks in spending at that level, which floats each year, and requires the Gov. to hire or fire people each year, based on GDP.

That would:
  • Wreak havoc at every FED Agency, especially DOD, because no one could do any long term planning.
  • It would screw Medicare, for sure.
  • But the big BIG deal, is that it would make a “single payer” health care system impossible. So America would be locked into funding shareholder payments to WellPoint/Wellcare’s stock holders forever.
  • It also makes it impossible to EVER pay off our National Debt. So we would be stuck just paying interest on that debt for all time.
Sound good to you?  If not, contact your Representatives.

No comments:

Post a Comment

Drop me a note..