Is Obamacare a Rip-off or a Golden Goose?Catherine J. Frompovich Richard Pollack of the Washington Examiner wrote an in-depth analysis that this writer cant begin to match, so she will refer readers to Surprise! Walmart health plan is cheaper, offers more coverage than Obamacare. This graphic taken from Pollacks article dramatizes the differences. Shouldnt Congresswoman Pelosi and Senator Reid be taken to task for forcing a boondoggle piece of legislation that was proffered as health insurance but wound up being declared a tax by the U.S. Supreme Court? Wasnt the bill advertised as one thing and we got something else? Isnt that akin to false advertising? We thought we were getting health insurance but wound up getting a tax! That, in the business world, is what is called bait and switch advertising. Talk about the tax, lets correct that to the 20 additional or increased taxes we get under Obamacare. [1a] Furthermore, werent U.S. citizens and voters entitled to know what they would be forced to purchase before rolling out a government program that, undoubtedly, is meant to be a financial breaker for most citizens who had affordable health insurance before January 1, 2014, or the five to six million who have lost health insurance because of Obamacare? With all the problems and changes that didnt go through Congress while trying to get Obamacare up and running, etc., plus the unfulfilled promises, e.g., you can keep your doctor, one would think that some kind of schlock outfit was running a Ponzi scheme rather than a government-run health insurance program. According to the Pollack article, this adds another straw to the camels back: Walmart employees pay as little as $4 for a 30-day supply of generic drugs and only $10 for eye exams through a separate vision plan. [1] The logical question anyone with half a brain, including Congress, ought to be asking is, Why cant everyone shop for healthcare insurance at Wal-Mart? But is there another question that really needs to be asked and answered? Is it, How come just about every federal-government-run endeavor, e.g., the U.S. Postal Service, Fannie Mae [mortgages], etc. gets into financial trouble? Even Social Security is running on low or close to empty because of all the IOUs [2] the feds left for fiduciary funds they took out, but apparently may never have replaced. Forbes ran an excellent article asking What Happened to the $2.6 Trillion Social Security Trust Fund?Shouldnt we, too, ask Where did that money go? black ops operation budgets or, perhaps, into building underground cities in the Cheyenne Mountain of Colorado? [3, 4] How did that construction, and others like it, get funded? Santa Claus? It seems the U.S. is running low on cash and reserves. Furthermore, China may be calling for payoffs on debts [5]. So another logical question that ought to be asked is Will the Affordable Care Act help finance more than just healthcare? It seems weve been too trustworthy with the spending of our tax dollars and, especially, the Social Security Fiduciary Trust Fund. Look where that got us. Shouldnt there be an audit and accounting before any new government boondoggle is left to run roughshod and probably allowed to get waylaid by fraud just like Medicare, which costs us about $60Billion a year? [6] By the way, there really isnt a need for another federal health insurance program. The feds just needed to straighten out Medicare and Medicaid and we would be set to go without wasting all those millions of dollars on a flopped website and launch. How much did that cost us? Let them eat cake [7] seems to be the reigning mentality. Notes: [1] http://www.washingtonpost.com/blogs/post-partisan/post/pelosi-defends-her-infamous-health-care-remark/2012/06/20/gJQAqch6qV_blog.html Resource: Social Security doesnt add to the federal deficit, U.S. Rep. Mark Pocan says. 