Big Thank You to Barack Obama … Walmart Will not Offer Health Insurance to New Employees, Will Shift Them to To Medicaid, Obamacare

Welcome to the Barack Obama economy … 

Thanks Barack Obama, this was the ultimate outcome with Obamacare where companies would not provide insurance to their employees. Obama promised that people would not lose their insurance. Guess what, he lied. Wal-Mart announced this week they would end insurance for new hires. What else is a business to do but to look out after their bottom line to remain profitable? What a disaster Barack Obama has perpetrated on the American public. He has created a part-time employment nation. Worse yet, many folks are going to be tossed on Medicaid thanks to Obamacare. And you saps actually thought that you were going to be able to keep your insurance and doctors. I guess there really is a sucker born every minute or in this case 62,615,406 suckers.

Remember when Obama promised that Obamacare would allow you to keep your doctor and insurance plan?

Video Hat Tip: The Gateway Pundit

Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post.

Under the policy, slated to take effect in January, Walmart also reserves the right to eliminate health care coverage for certain workers if their average workweek dips below 30 hours — something that happens with regularity and at the direction of company managers.

Walmart declined to disclose how many of its roughly 1.4 million U.S. workers are vulnerable to losing medical insurance under its new policy. In an emailed statement, company spokesman David Tovar said Walmart had “made a business decision” not to respond to questions from The Huffington Post and accused the publication of unfair coverage.

Labor and health care experts portrayed Walmart’s decision to exclude workers from its medical plans as an attempt to limit costs while taking advantage of the national health care reform known as Obamacare. Among the key features of Obamacare is an expansion of Medicaid, the taxpayer-financed health insurance program for poor people. Many of the Walmart workers who might be dropped from the company’s health care plans earn so little that they would qualify for the expanded Medicaid program, these experts said.

Welcome to Obamaland and “Hope & Change” … American Households Hit 43 Year Low In Net Worth

Welcome to Obamaland and Obama’s vision of “hope and change” as American households have hit a 43 year low in net worth.  All this America and you still voted Obama back into office even though he hasn’t a clue as to how to fix the economy or job growth. Sadly, an ignorant electorate still seems to blame Bush for the economy. At what point is America going to wake up and realize that it is an Obama owned economy? Just curious, who is Obama going to blame during his second term in office for the failed inherited economy when he inherited it from himself?

Obama laughed himself silly when he realized that a misinformed electorate actually reelected him without a clue to help fix the economy

The median net worth of American households has dropped to a 43-year low as the lower and middle classes appear poorer and less stable than they have been since 1969.

According to a recent study by New York University economics professor Edward N. Wolff, median net worth is at the decades-low figure of $57,000 (in 2010 dollars). And as the numbers in his study reflect, the situation only appears worse when all the statistics are taken as a whole.

According to Wolff, between 1983 and 2010, the percentage of households with less than $10,000 in assets (using constant 1995 dollars) rose from 29.7 percent to 37.1 percent. The “less than $10,000? figure includes the numerous households that have no assets at all, or “negative assets,” which is otherwise known as “debt.”

America, class warfare is not an economic policy and campaigning is not leadership. Grow up!

President Obama Says the Rich Should Pay More in Taxes

Barack Obama said in his Saturday radio address that the rich should pay more in taxes. No one can say that he did not campaign on such a class-warfare issue. Although, I hardly believe that Obama has a mandate to raise taxes on the rich seeing that the American public voted for the status quo in sending back to Washington DC more gridlock with a Democrat President a Democrat Senate and Republican House. Also, Obama received far fewer votes than he did in 2008 and won reelection by a smaller amoint in 2018 than 2008.

President Barack Obama says he won’t accept a plan to avert the so-called fiscal cliff that doesn’t ask the wealthy to pay more in taxes.   In Saturday’s radio and Internet address, Obama says the election showed support for his “balanced” approach and Congress can provide certainty by extending tax cuts for middle-class families.

The White House says Obama would veto any legislation extending tax cuts for families making $250,000 or more.   Obama is expected to meet with congressional leaders next week.

For all of those people who think the rich should pay more taxes so that they can get “stuff”. I wonder how they are going to feel when Obama comes after them for raising taxes.  For all those sheeple that voted for Obama knowing that he campaigned on raising taxes, wait until you lose something precious to you do to your vote, like you job.

VP Joe Biden Tells Iowans … “Yes, We Do’ Want to Raise Taxes By a Trillion Dollars”

TAX AND SPEND SOCIALISTS …

Vice President Joe Biden tells a campaign crowd in Iowa that he and Barack Obama want to raise a trillion dollar in taxes. With all the over spending that our federal government does, the president and Vice President want to tax the rich another trillion dollars. Just what we need, higher taxes on those who own small businesses and of the hiring of Americans. Unbelievable, the class warfare continues. Obama and Biden could tax the rich 100% of their income and it would not put a dent in federal spending.

The Weekly Standard:

“On top of the trillions of dollars of spending that we have already cut, we’re gonna ask – yes – we’re gonna ask the wealthy to pay more,” said Biden. “My heart breaks, come on man. You know the phrase they always use? Obama and Biden want to raise taxes by a trillion dollars. Guess what? Yes we do in one regard. We want to let that trillion dollar tax cut expire so the middle class doesn’t have to bear the burden of all that money going to the super wealthy. That’s not a tax raise, that’s called fairness where I come from.”

Ever wonder why there is no job recovery? With these kind of nut-job comments coming from an Administration that could win another term, no one is going to hire of any substantial amount.

UPDATE I: Looks like the Obama campaign minions are keeping the Press away from crazy Uncle Joe so that he does not make another gaffe and provide fodder for next weeks Vice Presidential debate.

“REDISTRIBUTION” … GOP Ad Bashing Barack Obama on His Socialist Beliefs “I actually believe in Redistribution”

Barack Obama believes in redistribution, actually the only mystery is whether the MSM will ever play the VIDEO.

The Republican party reminds America that you have a choice this November in the 2012 Presidential election. Mitt Romney who believes in capitalism and growing wealth, jobs and the economy and Barack Obama, who believes in redistribution. The frightening thing is Obama just does not believe in redistribution for Americans … Obama is a global redistributor.

REDISTRIBUTION