Monday, February 22, 2010

The Dunce-in-Chief isn't a quick learner,

as evidenced by his earlier moves with regard to credit cards.

Just this morning, a quote from the Yahoo! piece;

"During the past nine months, credit card companies jacked up interest rates, created new fees and cut credit lines. They also closed down millions of accounts. So a law hailed as the most sweeping piece of consumer legislation in decades has helped make it more difficult for millions of Americans to get credit, and made that credit more expensive.

It wasn't supposed to be this way. The law that President Barack Obama signed last May shields card users from sudden interest rate hikes, excessive fees and other gimmicks that card companies have used to drive up profits...

But there was a catch.

Card companies had nine months to prepare while certain rules were clarified by the Federal Reserve. They used that time to take actions that ended up hurting the same customers who were supposed to be helped."

So, governmental intervention actually didn't get the outcome that was intended with this piece of shit legislation.

So what does the Dunce want to do now with healthcare...again? If you guessed repeating the same mistake twice, move to the front of the line.

Let me highlight it;
"...President Barack Obama on Monday put forward a nearly $1 trillion, 10-year compromise that would allow the government to deny or roll back egregious insurance premium increases that infuriate consumers."
The stupid son-of-a-bitch isn't taking the necessary lesson from a working business model (and one he has previous experience with, see above), and I'm entirely sure that he'll keep the heat on his political friends in Congress to see to it that his agenda is put forth on this issue as well.

Yet he's glib about the whole bit, and keeps repeating the same lies,
"...The White House said the plan would provide coverage to more than 31 million Americans now uninsured without adding to the federal deficit..."
Horseshit, and anyone with a working brain knows it.

Count on this move costing almost all people both more money and decreased coverage, both in terms of quality and quantity.

There is more, but it sickens me to read any further.

Here endeth the lesson.

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