U.S. President Hussein Obama believes that he is a King. He thinks that he is above the law, and should Congress or the citizens of the U.S. point out that he’s in direct violation of the law, he simply changes the law through unilateral, executive action.
He’s been caught with his hand in the cookie jar yet again, and this time, he gets caught breaking one of his OWN laws in regard to ObamaCare. I guess that once he realized himself that it wasn’t working, he decided to go back and make a few hasty changes.
Here’s the deal. Insurance is no longer affordable under his illegal socialized healthcare act, and it’s killing the insurance companies as well, as people are being FORCED to choose ObamaCare over their plans. To keep the insurers at bay in regard to HUGE losses due to lack of recurring revenues through premium intakes, he’s decided to bypass giving the citizens of the U.S. the money to pay for premiums at private companies, so they HAVE to buy ObamaCare, and then is giving the money directly to the insurance companies! This is just like subsidized farming, but with insurance companies. He’s paying the companies through tax dollars to NOT sell insurance, so they pose no competitive threat to ObamaCare!
News outlet Right Wing News reports:
The language of section 1341 of the Affordable Care Act, which details what this money can be used for, is clear as a bell. Some of these annual fees — adding up to billions a year — belong to the public, not the insurance companies. The law states a fixed share “shall be deposited into the general fund of the Treasury of the United States and may not be used” to offset insurance companies’ losses. But the administration gave all of it to the insurance companies last year, and got away with that heist. So they’re trying it again.
What do you think? Should he be impeached or allowed to finish out his term?