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Americans Are Cluing In to Obama's Healthcare Reform Problems, Polls Show

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Miss88 of WA 6:26AM October 22, 2009

Obama’s attack on our free market economy began long before the current crisis. The following legal documents, news articles, and videos show his part in causing this crisis over the past fifteen years. Now he uses it as an excuse to do even more damage. To him, our free enterprise system is a giant merciless beast that he and his allies have succeeded in wounding. In a free market, your choices as a consumer, select against society’s losers, which he represents. This is why the Obamabots, having won, are still seething with hatred for their opponents. Having wounded the beast they are now closing in for the kill. The recovery of our free market economy is not their objective. They would rather replace it with something else. So their policies are only making matters measurably worse. They want revenge for the unfairness they perceive in the free market.
These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=hN31-nKndg8&NR=1
http://www.youtube.com/watch?v=v-TyH6Yupso
http://www.youtube.com/watch?v=Lr1M1T2Y314
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped to protect the economic future of our country.

Barry of CA 3:33PM August 03, 2009

Soon Medicare will face a moment of truth. The previous positive cash flow has already gone negative. The baby-boomers are about to retire to draw money out of the system instead of paying into it. They will also begin drawing money out of their retirement plans instead of paying into them, reducing the capitalization of our economy. Please read this congressional testimony from a year ago:
“Significant uncertainty surrounds long-term fiscal projections, but under any plausible scenario, the federal budget is on an unsustainable path—that is, federal debt will grow much faster than the economy over the long run. In the absence of significant changes in policy, rising costs for health care and the aging of the U.S. population will cause federal spending to grow rapidly. If federal revenues as a share of gross domestic product (GDP) remain at their current level, that rise in spending will eventually cause future budget deficits to become unsustainable. To prevent deficits from growing to levels that could impose substantial costs on the economy, revenues must rise as a share of GDP, or projected spending must fall—or some combination of the two outcomes must be achieved.
. . .
The Congressional Budget Office (CBO) projects that total federal Medicare and Medicaid outlays will rise from 4 percent of GDP in 2007 to 12 percent in 2050 and 19 percent in 2082—which, as a share of the economy, is roughly equivalent to the total amount that the federal government spends today. The bulk of that projected increase in health care spending reflects higher costs per beneficiary rather than an increase in the number of beneficiaries associated with an aging population.”
http://www.cbo.gov/ftpdocs/93xx/doc9385/06-17-LTBO_Testimony.pdf
This inescapable reality says we will have to pay more for less benefits. But politicians are promising just the opposite, to people who believe that they should get even more benefits, much sooner, without paying anything. Such demands cannot be met.
Seeing how our government is handling a much smaller crisis in the banking industry, failing to correct course before it collapsed the housing industry, and the automobile industry, I worry that no one in our nations capital is prepared to avoid this massive iceberg that will sink our ship. Instead people continue to demand more benefits to be paid by younger generations, as if Chinese lending is a bottomless well. Do you have grandchildren? Look what you are doing to them.
Below I provided details showing Obama’s past approach to dealing with our banking industry, over the last fifteen years, in an attempt to help sub-prime borrowers, and how that effort backfired to hurt the very people it was supposed to help. This gives us a context, to understand his approach to the current financial crisis, which is counter-productive.

Barry of CA 5:29PM July 29, 2009

Obama’s attack on our free market economy began long before the current crisis. The following legal documents, news articles, and videos show his part in causing this crisis over the past fifteen years. Now he uses it as an excuse to do even more damage. To him, our free enterprise system is a giant merciless beast that he and his allies have succeeded in wounding. In a free market, your choices as a consumer, select against society’s losers, which he represents. This is why the Obamabots, having won, are still seething with hatred for their opponents. Having wounded the beast they are now closing in for the kill. The recovery of our free market economy is not their objective. They would rather replace it with something else. So their policies are only making matters measurably worse. They want revenge for the unfairness they perceive in the free market.
These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=ivmL-lXNy64&feature=channel_page
http://www.youtube.com/watch?v=8vJcVgJhNaU&NR=1
http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped to protect the economic future of our country.

Barry of CA 5:28PM July 29, 2009

Time to start from scratch. This will be a huge debacle and even worse nightmare!

Gretchen Almind of TX 4:14PM July 28, 2009

Obama and the democrats want the USA to have Government run health care like other Socialist Nations do .He desires to turn America into the United Socialist States of America.If he gets his wish Health care will be based on if you can pay back the costs with your taxes and if you cannot you DO NOT get the Care you need.Obama and his Democratic Flunkies are doing everything they can to turn this Nation into a Neo-Commmunist Nation ran on Neo-Socialist rules.If Obama really wants to reform Health care he would start by making Congres read every word of the bill and know it by heart before they vote on it and they also need to explain exactly how they are going to pay for the costs involved.Next he needs to stop Lawyers from getting 45% of the big Law suits they file and make sure that only true cases of Malpractice go to court and those who file phony cases pay for the entire costs to bring the case to court for all parties involved.Getting Lawyers costs and Malpractice claims down will greatly reduce Health care costs but Obama and his Flunkies in Cogress will never stop Lawyers and their DESTRUCTIVE Law suits because that would cost them money and votes.Tell those Idiots in D.C> to leave Health care alone before the mess it up like they have every other thing they have had even the slightest thing to do with.

Jesse Tomblin of OH 2:20PM July 28, 2009

it will not pass it is d o a

holly seiff of AR 2:19PM July 28, 2009

As expected the multi billion health care mega industry is pushing their scare tactics against reform. They stand to lose billions of dollars if Obama's program becomes law. One of the biggest hypocrites selling out to big pharma, big insurance and wall street is the U S Chamber of commerce who is betraying America's small business owners who would greatly benefit from health car reform. DON'T LISTEN TO THEIR SCARE TACTICS. CALL YOUR REPRESENTATIVES AND YOUR SENATORS AND URGE THEM TO BACK A REFORM THAT WILL INCLUDE A PUBLIC OPTION. DO IT NOW!!

Ed Patlan of MN 12:58PM July 28, 2009

One fact that always seems to be overlooked in the health care debate is US statistics vs world wide statistics. The US spends more for health care per capita than any other country on the planet, yet in treatment we rank in the mid 30's, behind countries you would never consider ahead of us in anything.
We spend a fortune, get below average results, and only cower when powerful lobbyists attack politicians who want to address the problem.
Nationalized health care works in every industrialized nation other than the US, we even pay for the health care of all the citizens of Iran.
The arguments being used against reform are largely invalid and play on peoples fears.
It's time to move forward.

Gary of MN 12:30PM July 28, 2009

IN ORDER TO RECEIVE FEDERAL FUNDING HOSPITALS WILL BE REQUIRED TO PERFORM ABORTIONS. THIS IN ITSELF WILL DISQUALIFY MOST IF NOT ALL RELIGIOUSLY BACKED HOSPITALS, MANY OF WHICH SERVE THE INNER CITY POPULATIONS, FROM RECEIVING FEDERAL FUNDING WHICH MANY RELY ON FOR SURVIVAL. CONSEQUENTLY, MANY OF THESE INSTITUTIONS WILL BE FORCED TO CLOSE WHICH WILL DIRECTLY AFFECT CARE FOR THE POOR WHICH THIS BILL IS INTENDED TO HELP. IN ADDITION, IT WILL DIRECTLY AFFECT MORAL BELIEFS OF MANY CARE GIVERS WHO OPPOSE ABORTION ON RELIGIOUS GROUNDS.
THIS BILL IS EXTREMELY DESTRUCTIVE.

JEFF of NJ 12:14PM July 28, 2009