Welcome to another edition of Obama’s Fables.
On June 30 in Racine, Wisconsin, at the kickoff of what has turned into Barack Obama’s Socialism Victory Tour for Democrat candidates this fall, the President enlightened us with the following:
“You remember all the fear-mongering that was going on during the health care debate? All of you were told, you’re going to lose your health care. It’s going to be socialized. The government is going to come in and death panels are going to be set up and — remember that? And now, we’re about three, four months into it, and everybody is looking around and — (laughter). But at the time — at the time it was scary.”
The Obamacare socialized medicine takeover legislation doesn’t even go into effect until 2014, and he is saying now in 2010 just 3 or 4 months after its passage, hey, look around, where are all those scary results they told us about?
What I am wondering, actually, is just how stupid does he think we are? He is thinking that enough of us are too stupid to know that his socialized medicine bill doesn’t go into effect until 2014, and that he can play us for fools with this kind of shameful, manipulative, abusive rhetoric.
Brother Love’s Traveling Salvation Show
The next week, President Obama took his stand-up comedy routine to Las Vegas, where he made an appearance on behalf of the lame duck Senate Majority Leader Harry Reid. Obama explained, “A lot of people in Washington forget where they came from. Harry remembers every single day.” But after 24 years in Washington, Harry Reid long ago left his Nevada roots behind. He is now an East Coast socialist spear carrier for Barack Obama, dreaming of going down in history as the man who shepherded socialized medicine through the Senate, instead of listening to his Nevada constituents who overwhelmingly opposed the legislation.
As Senate Majority Leader, Harry Reid didn’t just vote for the TARP bank bailouts. He led their passage in the Senate. He didn’t just vote for the stimulus. He led its enactment in the Senate. He led the enactment as well of the Obama budgets with a runaway federal spending increase of 25% and federal welfare spending increase of one third in President Obama’s first two years alone. He led enactment of the spending, budgets and deficits that CBO now projects will double the national debt in just four years by 2012 to $11.6 trillion, and quadruple it to $20.3 trillion by 2020, when the federal deficit under current Reid/Obama policies will still be over $1 trillion. CBO also reports that Reid/Obama federal budgeting increased out of control entitlement spending by $2 trillion over the next 10 years even before passage of Obamacare.
And what has Nevada gotten in return? The highest unemployment rate in America, at a depression level 14%, higher even than Michigan, which is suffering a long-term depression under its Harvard-trained Governor Jennifer Granholm. Also the highest rate of home foreclosures in America, and the highest rate of personal bankruptcies.
But President Obama’s focus in Las Vegas was Harry Reid’s opponent in this fall’s elections, Tea Party and free-market advocate Sharron Angle. Offering another chapter for Aesop’s Fables, a collection of fairy tale bedtime stories for children, Obama said regarding Angle, “She wants to phase out and privatize Social Security and Medicare. Phase out and privatize them.”
But Harry Reid and Barack Obama have already done a pretty good job of phasing out and looting Medicare and Social Security themselves. The recently passed Obamacare legislation includes $2.9 trillion in Medicare cuts over the next 20 years, which is how Obama got his claim that the legislation would actually reduce the deficit. That $2.9 trillion comes mostly out of the payments to doctors and hospitals for the medical care they provide to seniors under Medicare.
As Dick Morris has explained so well, those draconian Medicare cuts would cause havoc and chaos in health care for seniors. Doctors, hospitals, surgeons, and specialists providing critical care to the elderly such as surgery for hip and knee replacements, sophisticated diagnostics through MRIs and CT scans, and even treatment for cancer and heart disease will shut down and disappear in much of the country, and others would stop serving Medicare patients. If the government is not going to pay, then seniors are not going to get the health services, treatment, and care they expect. Former House Speaker Newt Gingrich, now founder of the Center for Health Transformation, writes in his new book To Save America,
“Clearly, you cannot cut Medicare by more than half a trillion dollars [over the first 10 years] and not jeopardize seniors’ access to care. Medicare access is already declining. The Mayo Clinic announced that on January 1, 2010, its Arizona facilities would stop seeing Medicare beneficiaries because the federal government does not pay the clinic enough to even cover its costs. According to Lynn Closway, spokeswoman for Mayo, the clinic lost $840 million in 2008 treating Medicare patients. And that’s before the Democrats’ half a trillion in cuts.”
The remaining Medicare cuts in the Reid Obamacare legislation come out of Medicare Advantage, the option for private insurance coverage under Medicare which close to 25% of America’s seniors, including many in Nevada, had already chosen as a better deal. The government’s own Chief Actuary for Medicare has already estimated that more than 50% of seniors will lose their Medicare Advantage due to the Reid/Obamacare cuts in Medicare, despite President Obama’s repeated insistence that under his Obamacare plan if you like your health insurance you can keep it (playing you again).
Meanwhile, Harry Reid has been in the forefront of the raid on the Social Security trust funds for 24 years now in the U.S. Senate (talk about time for a change). Every year in the Congressional leadership, Harry Reid has led the federal government to take any surplus left in Social Security to spend on other government programs, in return for government IOUs to the so-called trust fund. CBO has just reported that now the surpluses are gone, with Social Security in deficit this year for the first time since President Reagan saved the program in 1983. Social Security is now left with nothing but nearly $3 trillion in federal IOUs, with no cash or any other asset to back them up. That $3 trillion in the Social Security trust funds is yet another debt liability of the American taxpayers, which they will have to pay for again, in addition to their escalating payroll taxes, in order to continue payment of Social Security benefits for the next 25 years, when the supposed trust funds will run out completely.
Maybe the next time President Obama feels the urge to demagogue Social Security and Medicare, he should lie down until it passes.
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