When Obamacare was signed into law in 2010 after being rammed through Congress, a lot of promises were made and subsequently broken. We all know how the “if you like your doctor you can keep your doctor” bit turned out to be a complete lie.
We were also promised that insurance premiums would go down; To be kind we’ll call that a half-truth. Obamacare did introduce some lower-cost options in their state-run exchanges, but the new law made private insurance accounts even more expensive than they already were.
This forced many people and employers into going to the government exchanges out of financial necessity. People got plans that were worse than what they had because that was all they could afford. This, of course, is the goal of all liberal governments. Force people out of private enterprise programs that they prefer into those run inefficiently by Uncle Sam.
Now it appears that the administration is prepared to take the same tack in regard to your retirement savings accounts. To read how the Obama administration plans to force citizens out of their private accounts and into government ones, continue reading on the next page:
For cryin out loud !! I thought he is president, not dictator !! I don’t own any investment accounts, but I see a big shitstorm on the horizon !! And what about all the politicians who hold these types of accounts ? They’ll most likely be exempt, just like they were when Americans were forced into Obamacare
Yeah that could never happen. Except in places like cypress. Or having to pay banks to keep your money. Like Japan or Switzerland. Or government taking over health care like.
Worst President Ever!
http://www.dailykos.com/story/2015/3/23/1372751/-Five-years-on-Obamacare-myths-still-prevail
Another way to scare the public. Where you put your money is your choice. The new law makes it the responsibility of the financial representative to represent the client first. Isn’t that they way it should be? The financial industry, while serving a needed function, has been using the investors money a few days at a time for years. They also sell acceptable products but not necessarily the best product for their clients. Ask how your advisor gets paid, if they don’t tell you, fire them.
Ron Witte, how dare you make sense? The folks who frequent this site don’t want rationality, they want slanted stories to feed their fear and hatred. Shame on you!
http://quotewizard.com/health-insurance/obamacare-myths-misunderstandings
more bull here we go again
As this article if full of proven lies about ACA, why should I believe the rest of it?
It will change in January. Well that is if they don’t cheat to get Kilary elected.
That is a Marxist fed grab of power