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Showing posts from October 28, 2009

America is broke and ObamaCare is just smoke and mirrors.

There is no easy way to say this, but the country that some of us love is broke.  Not broke in the whimsical sense or even shock value sense, but really broke.  To illustrate the example clearly, let's say you have a decent job and are making about 80k/year.  Not bad right?  Even living on the east coast you can achieve a comfortable living for yourself.  Go buy a a new Mercedes - you deserved it!   But wait , you have promised certain people that you will take care of their retirement and medical needs and they depend you, after all they did pay you premiums their entire life.  You can't very well back out on this promise now, they have completely changed their lives and need you to pay up.  You then discover that the cost of these obligations is anywhere between 640k-800k just for this year alone.  Should you get rid of that Mercedes or go trick more people into paying you premiums promising that you will take care of them? This is essentially what is happening to our gover