More CRIMINAL fraud: ‘Obamacare’ transfers $100-$300 billion/year from 99% to 1%

I wrote in 2010 that so-called “Obamacare” is economic fascism because it dictatorially transfers $100 billion to $300 billion every year from the 99% to 1% so-called “health care” oligarchs, according to every cost-benefit analysis compared to single-payer universal health care that I could find. “Obamacare” is also criminal fraud by US government so-called “leaders” because they have legal fiduciary responsibility to fully communicate options in trust of public money.

OBVIOUSLY, failure to communicate annual savings of $100 billion to $300 billion while transferring this to 1% oligarchs points to massive crime.

Moreover, stories that point to tragic-comic cost increases and cancellations strengthen the case for criminal investigation of financial gains from government insiders at the expense of the public they’re sworn to serve.

A related problem is the cartel of pharmaceutical companies colluding with our government “leaders” for padded industry profits. Dr. Marcia Angell, former Editor in Chief of the New England Journal of Medicine and currently a Senior Lecturer at Harvard Medical School documents:

The combined profits for the ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together ($33.7 billion).

Dr. Angell concludes that US government will never provide universal health care because both political parties’ “leadership” obeys health insurance companies’ lobbyists rather than legislate for the public good.

This is just one detail of ~100 crucially important areas where the 99% are being harmed and plundered. These “policies of public service” will continue until critical mass of the 99% evoke demand to arrest these OBVIOUS criminals.

As I’ve argued, perhaps the easiest cases for criminality is in their unlawful Wars of Aggression all based on known lies as they were told, what we use for money that only and always increases the 99%’s debt, and “covering” these crimes by corporate media.

And as I’ve asked, if you have a better path to end these crimes than demanding arrests of their “leaders,” now’s the time to act.

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Note: Examiner.com has blocked public access to my articles on their site (and from other whistleblowers). Some links in my articles are therefore now blocked. If you’d like to search for those articles other sites may have republished, use words from the article title within the blocked link. Or, go to http://archive.org/web/, paste the expired link into the box, click “Browse history,” click onto the screenshots of that page for each time it was screen-shot and uploaded to webarchive. Then switch the expired URLs with webarchived ones of that same information. I’ll update as “hobby time” allows; including my earliest work from 2009 to 2011 (blocked author pages: here, here).

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  • Eric Hodgdon

    You’re right Carl. The RULING elected political figures serve their private party’s interests only. They are not bound by law to serve the public whatsoever. This is the system the People keep choosing – election after election. Private enterprise has always been the hallmark of the USA, and so too with the private political party run government. The Public, the People rubber stamp the system time and time again.

    It’s too easy to point this out to the Masses as they shrug it off and say they have no control, yet they are the ones who keep the two-party dictatorship alive, and the USA as an Empire.

    • Charlie Primero

      Fortunately more and more people are deciding that “illegal” black markets are not immoral. Private enterprise can flourish again when enough people lose enough faith in the governments.

  • HS

    I can’t see why it isn’t obvious what Obamacare really is considering that the legislation was written by insurance companies. The insurance companies bought themselves a mandatory tax that they are allowed to manipulate size of. Any other explanation is simply naive.

    However, the real long term goal of Obamacare isn’t so obvious, yet. Within 3-5 years (with the obligatory MSM PR campaign), most private employers will stop offering healthcare benefits to employees. Instead, employees will be directed to the exchanges and employers will make some token contribution. However, once corporations have shed these expenses, the price gouging will begin in earnest. I’ve heard informed estimates of 20-30% of middle class earners’ disposable income will go to health insurance.

  • HS

    I can’t see why it isn’t obvious what Obamacare really is considering that the legislation was written by insurance companies. The insurance companies bought themselves a mandatory tax that they are allowed to manipulate size of. Any other explanation is simply naive.

    However, the real long term goal of Obamacare isn’t so obvious, yet. Within 3-5 years (with the obligatory MSM PR campaign), most private employers will stop offering healthcare benefits to employees. Instead, employees will be directed to the exchanges and employers will make some token contribution. However, once corporations have shed these expenses, the price gouging will begin in earnest. I’ve heard informed estimates of 20-30% of middle class earners’ disposable income will go to health insurance.

  • gozounlimited

    Of Course…… didn’t buy property during the bankster scam and not buying so-called health insurance during the assassin in chief scam. Don’t want it…. don’t need it….the end result is death and allot of suffering anyway. Just like purchasing property on the cheap after the housing ponzi collapsed…..will do the same with (real) health insurance when it comes around again…… patience.