Didn’t Barack Obama Promise that Obamacare would Lower Costs … Health Insurers Raise Some Rates by Double Digits

THE LION LYING KING: Remember when President Barack Obama said that Obamacare would lower costs for insureds, REALLY? It’s just yet another Obama lie to “We the People”.

For those of us who hold President Obama to his word, unlike the liberal MSM, you will remember in the second debate with John McCain in 2008, Obama promised, “We’re going to work with your employer to lower the cost of your premiums by up to $2,500 a year.” Obama would then go on the stump and continually make the promise that Obamacare, the socialized government take over of healthcare, would lower premium costs. Just curious America, did Obama work with your employer to lower your health care premiums this year by $2500? Heck, mine went up by about 25%. Investors Business Daily has previously provided the data that shows Obama’s math problems when it comes to premiums.

But like everything else when it comes to this president, no one wants to hold him accountable. Maybe when millions of insureds realize they were duped, maybe, just maybe  ”We the People” will finally do the responsible thing and punish Obama, Democrats and the MSM for their lies.

As reported in the NY Times, Health insurance companies across the country are seeking and winning double-digit increases in premiums.

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

How are those Obama lies working out for you America?

How’s that Hopey-Changey Stuff Working … Obama Supporters Hardest Hit in Latest December Jobs Report – Blacks, Hispanics Woman & Young Adults Continue to Suffer with Unemployment

Hey Obama supporters, Blacks, Hispanics, Woman and Youth … How’s that Obama “Hopey-Changey” stuff working out for you?

The December Jobs report came out yesterday showed that the unemployment rate ticked up to 7.8%. Of course that does not even count the millions of individuals who have given up completely and stopped looking for work. What is most amazing that the very people who have supported Obama the most are the ones who have been adversely affected by the failed Obama jobs recovery. December’s Millennial jobs report for “Youth Unemployment” was miserable at 11.5%.

OBAMA THANKS YOU FOR HIS REELECTION, SUCKERS

• The overall unemployment rate for 18-29 year olds for December 2012 is 11.5 percent (NSA).
• The unemployment rate for 18-29 year old African-Americans for December 2012 is 22.1 percent (NSA)
• The unemployment rate for 18-29 year old Hispanics for December 2012 is 12.2 percent (NSA)
• The unemployment rate for 18–29 year old women for December 2012 is 10.4 percent (NSA).

The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
If the labor force participation rate were factored into the 18-29 unemployment calculations, the actual Millennial unemployment rate would rise to 16.3 percent (NSA).

Overall, blacks, Hispanics, Woman all increased in the December Jobs report from the November one:

Among the major worker groups, the unemployment rates for adult women
(7.3 percent) and blacks (14.0 percent) edged up in December, while
the rates for adult men (7.2 percent), teenagers (23.5 percent),
whites (6.9 percent), and Hispanics (9.6 percent) showed little or no
change. The jobless rate for Asians was 6.6 percent (not seasonally
adjusted), little changed from a year earlier.

What a Joke … Senate Fiscal Cliff Deal Will Add $4 Trillion to National Deficit

Another Obamaination … Wasn’t the point of passing a bill to save us from the fiscal cliff supposed to lower federal deficits and the national debt? 

As reported at The Hill, the US Senate deal to avoid the “fiscal cliff” will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO). What a complete an utter joke. The CBO says the Senate budget agreement will lead to an overall increase in spending of about $330 billion over 10 years. How does this save us from the fiscal cliff? This is what happens when you add a tax on the so-called rich as some means of fixing the problem, when it was nothing more than a lie from Obama and Democrats. Spending cuts need to be made and changes in SS, Medicare/Medicaid and other entitlement programs..

The CBO determined Tuesday that the package, hammered out late Monday evening by Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) would — over the next decade — come with a $3.9 trillion price tag.

The agreement, which is pending before the House after passing in a 89-8 Senate vote early Tuesday, would extend lower tax rates on annual household income under $450,000 and postpone automatic spending cuts for two months.

The extension of lower tax rates for a bulk of the nation’s taxpayers and the addition of a permanent patch to the alternative minimum tax would add roughly $3.6 trillion to the deficit over the next decade, the CBO said. Other individual, business, and energy tax extenders would add another $76 billion.

Any Republican who votes for this needs to be primary challenged in 2014. This is all just a bad joke and you made it happen America last November by reelection Barack Obama. I hope you are proud of yourselves.

Sen. Joe Lieberman (I-CT) Says No Fiscal Cliff Deal Tonight … “I think the parties are much farther apart than I hoped they’d be by now”

Deal or no deal … it would appear that there is no deal.

As reported at the Washington Post, according to Sen. Joe Lieberman (I-CT) there is no deal as of yet and he would be shocked if there would be tonight as the two sides are further apart than he had hoped. They truly plan on taking this down to the last second. Of course one has to wonder how Congress can be having a fiscal cliff negotiation when none of what they are discussing reduces the US debt. It’s all just about tax increases and punishing the so-called rich.

Asked as he left a meeting of the Senate Democratic caucus whether a deal would be struck today, Sen. Joseph I. Lieberman (I-Conn.) replied: “No, I’d be shocked. I think the parties are much farther apart than I hoped they’d be by now, and that the country thought they’d be when negotiations started on Friday.”

DOW futures are at -226.

An Obama Happy New Year … Fiscal Cliff or Not Americans Face $1 Trillion Obamacare Tax Hike Hitting on January 1, 2013

Taxation without any responsible representation … The Obama taxes!!!

America, get ready for the tax hikes on everyone that you voted in when Barack Obama won reelection. Thanks to that misguided and uninformed election Americans now face a $1 trillion Obamacare tax hike beginning January 1, 2013 … Happy New Year. So you thought that by participating in Obama’s class warfare against the so called rich would not effect you, eh? Think again … it all trickles down. All these Obamacare taxes and Obamacare still does nothing what it originally claimed to do.

$ 1 Trillion !!!

On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.

Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.

The five major Obamacare taxes taking effect on January 1 are as follows: (full pdf doc can be read HERE)

1. The Obamacare Medical Device Tax - Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year.  In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to artificial hips more expensive. The Patriot Perspective discusses exactly what this means. It is insane to make any industry pay a tax on their gross sales, versus net.
2. The Obamacare Flex Account Tax
3. The Obamacare Surtax on Investment Income
4. The Obamacare “Haircut” for Medical Itemized Deductions
5. The Obamacare Medicare Payroll Tax Hike