“Under my plan, no family making less than $250,000 a year will see any form of tax increase.  Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.            Barack Obama – Dover NH, Sept 12, 2008

The Patient Protection and Affordable Care Act, aka Obamacare is a tax.  Within the Act is included a provision that if you don’t pay the tax, you will be taxed.  To assure you are taxed, access to any and all bank accounts on which you are a signer is available to the IRS.  You will be taxed!

The IRS will debit bank accounts for fines and premium payments for Obamacare.  This can only hurt the banking business as people avoid institutional services and begin stuffing mattresses and pillows with cash until needed.

First, commandeering 1/6 of the GDP in no way protects any patient.  The fact that more people are losing their insurance than those who never had any insurance is not protection.  It brings about an uncertainty, a concern, a fear that if any physical harm or dire ailment occurs one might not be insured against such harm or ailment.  The “Patient Protection” portion of the act’s name is nothing but doublespeak.

Second, it is not affordable.  With exceptional anecdotes, insurance premiums are rising at above recently recorded rates for the average individual, family and business.  In addition to the doubling and tripling of premiums that will acutely restrict disposable income and savings, comes deductibles that can drive the average family into bankruptcy should a catastrophic event descend upon any of the household members.

Is this why so many elites are exempted from the care and protection afforded by this law, and why do so many intelligent commoners fear it?


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