Obamacare and Dodd-Frank are prime examples of government over-reach under the guise of healthcare reform and protecting us from unscrupulous free marketers, all to promote a broader agenda – "centralized control" wherein government asserts itself in every arena deemed necessary over an unsuspecting public.
- strong, centralized government,
- powerful Executive Branch at the expense of the other two (Congress and Judicial),
- government control of banking, credit and securities exchange (Dodd-Frank),
- government control over employment,
- unemployment insurance, old age pensions (Social Security),
- universal healthcare (Obamacare), food (SNAP) and housing programs (HUD),
- access to unlimited government borrowing (grants, student loans, etc.),
- a managed monetary system (Federal Reserve),
- government control over foreign trade (proposed Trans Pacific treaty and Atlantic Treaty),
- government control over natural energy sources (government owns majority of natural resources), transportation and agricultural production (FARM legislation),
- government regulation of labor (FLRB),
- youth camps devoted to health discipline, community service and ideological teaching consistent with those of the authorities (Section 5210 Establishing a Ready Reserve Corp. in Obamacare and Public Health Service Act (42 U.S.C. 204),and
- heavy progressive taxation.
Bowyer's wrote an article in 2008 where he said: "Healthcare will not be nationalized in one fell swoop; they have been studying the failures of Hillarycare. Instead, a parallel system will be created, funded by surcharges on business payroll, which will be superior to many private plans." Note the countless waivers and exemptions by the Executive Branch without Congressional approval or "legislatively." New "rules and regulations" can be found almost daily in the Federal Registry regarding healthcare. He further stated:
"The old system (Medicare funds) will be forced to subsidize the new system and there will be a gradual shift from the former to the latter. The only coercion will be the fines, not the participation. A middle-class entitlement will have been created." Over 700 billion dollars will be taken from Medicare to fund new programs found in Obamacare so what he said came to fruition.
"The offshore drilling ban that was allowed to lapse legislatively will be reinstated through executive means. It may be an executive order, but might just as well be a permit reviewing system that theoretically allows drilling but with endless levels of objection and appeal from anti-growth groups. Wind and solar, on the other hand, will have no permitting problems at all, and a heavy taxpayer subsidy at their backs." Obama recently reinstituted drilling in the Gulf.
Accountability and transparency? Read TARP and Omnibus legislation passed in 2008 and 2009 - the foundations for Obamacare found its way into these two laws prior to Obamacare ever became law.
Bowyers also said:
"A quick review of the socialist takeovers in Venezuela in 1999, Spain in 2004 and Italy in 2006 show the same pattern–equity markets do most of their plummeting before the Chavez's of the world take power. Investors anticipate the policy shift in advance; that's their job." "It's not just equity markets, though; debt markets do the same thing. Everywhere I turn I hear complaints about bankers 'hoarding capital.' The banks, we're told, are greedy and miserly, holding onto capital that should be deployed into the marketplace."
"Well, which is it, miserly or greedy? They're not the same thing. Banks make money borrowing low and lending high. In fact, they can borrow very, very low right now, as they could during the Great Depression." Obama vilifies Wall Street, large corporations; the 1%. But, almost all of his appointees and czars come from the various entities he attacks. Who receives all the federal grants and loans? The very organizations and institutions these folks emanated from. What a racket - what a bully pulpit - say one thing, do the opposite.
Remember, Obamacare was passed by a Democrat-controlled Congress and Presidency without a single Republican vote. Contrary to popular belief Republicans submitted numerous Amendments that would have allowed insurance companies to cross state lines, created health savings accounts, allowed pooling of small businesses, targeted regulations for those with pre-existing conditions and tort reform – NONE were ever allowed to come up for a vote in either House.
"Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison"
by Peter Schweizer exposes questionable activities - deals struck during the legislative process and how the "established political class" enriches itself at the expense of the people. Title speaks for itself.
Billions has been doled out by this administration to supporters, ensuring continued political campaign donations. Think about it – our hard earned money doled out to 'cronies' who turn around and 'donates' money to fund political campaigns! Only taxpayer money – we can get more.
An entire class of investors increase profit margins based on influence and access to those in power. Schweizer did his research:
"Sen. John F. Kerry, MS (D) in 2009, began buying stock in Teva Pharmaceuticals purchasing nearly $750,000 in November alone. As the bill got closer to passing, the stock value soared. Big Pharma supported the legislative efforts because it would increase the demand for prescription drugs." Same with insurance companies. The Kerrys cashed in after Obamacare became law, reaping tens of thousands of dollars in capital gains while holding on to more than $1 million in Teva shares."
"The $573 million loan guarantee for the solar company Solyndra raised eyebrows. About 35 percent of the company was owned by billionaire George Kaiser, who raised money for Obama's 2008 campaign. Solyndra has since gone bankrupt, workers laid off, but under the terms of the government loan, Mr. Kaiser gets paid before Uncle Sam." During the bailout of the auto industry the unions benefitted instead of the investors – contrary to bankruptcy laws.
"Over $20.5 billion went to DOE loan recipients, $16.4 billion benefited Obama-connected companies. Similarly, more than $10 billion in stimulus grants and loans were paid out to companies owned or run by Obama "bundlers." Who benefitted from the "Early Retiree Reinsurance Program" found in Obamacare? Those evil millionaires and billionaires did and frequently benefit financially from legislation passed by Congress in the form of more grants and loans. Warren Buffett, whom the media portrayed as a selfless advocate for higher taxes on the wealthy, benefitted from the Wall Street bailout.
Let's return to the Fabian Socialist 'welfare' ideology. Those promoting this ideology, regardless of party affiliation, are guilty of a type of high treason that deserves the most punitive penalty. Using 'emotional appeals' to promote social justice legislation eventually allows them to achieve their highest goal - bringing down our Republic.
"Rather than relying on traditional cultural generosity of the American people, we have allowed the 'state' to step in and save the day on the pretense of being the ultimate protector of the common man, provider of security on all fronts from the dangers associated with the inherent problems of free enterprise and terrorists. Well, all this comes at a price - it requires complete submission and compliance, relinquishing our liberty and God given unalienable rights and freedoms."
The next two election cycles will be telling - the left will spew hate, utilize race baiting, fan the flames on the war on women farce, politicians will vilify, ridicule and attack the opposition with the mainstream media following suit. Silence the opposition. Become an informed voter, do the research, read between the lines and seek the truth.
This is Part 2 in a series. Click here to read Part 1.