The Evil Genius of Obamacare, by Bill Bonner

People want the very best medical care money can buy, as long as they don’t have to pay for it. From Bill Bonner at bonnerandpartners.com:

POITOU, FRANCE – “GOP reeling after healthcare collapse,” reads a headline on a political website.

From The Hill:

Republicans offered competing ideas for what to do next on healthcare Monday night, now that the current ObamaCare replacement effort has fallen apart.

Senate Majority Leader Mitch McConnell acknowledged late Monday that the chamber’s current approach would fail after two more senators announced opposition to the current healthcare draft.

Sacred Work

Yes, the Senate took up its sacred work this week: getting re-elected. In the camera or out of it, the pols face two great threats.

On one side are the zombies, folks dependent on the feds who trade their votes for small handouts. Within the next 10 years, there will be more than 200 million of these people – if they ever rise up, there will be more than enough to unhorse every senator in Washington.

On the other side are the Deep State cronies. Fewer in number but vastly better supplied with cash and connections, cronies are dangerous.

If they don’t get what they want, they could unleash their attack dogs and throw a little red meat (indiscretions… uncovered and traded for favors by America’s 17 different “security” agencies) to the ravenous press.

They could bankroll another candidate back home… or withdraw invitations to speak, lobby, and join cushy boards and think tanks.

Cronies and zombies have more or less the same objective: to keep the medical care bamboozle – which is programmed to double in size in the next 10 years – in business.

Many senators rightly saw that the proposal to tinker with it wouldn’t have made much difference in the big scheme of things. It would only trim spending over the decade from $8.2 trillion to $7.7 trillion.

The system will go broke even with the proposed changes. Better not to touch it at all, they reason, rather than risk the ire of voters or insiders.

To continue reading: The Evil Genius of Obamacare

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