Unless Obama Endorses Capitalism, You Can't Keep "Your" Plan

     In an effort to save the Democrat party, Obama gave a speech where he appeared to be backpedaling on the consequences of Obamacare.  However, if you analyze what was said, he has made little change in his favoring of that law.

The reason why so many medical insurance companies have either canceled or increased the price of their products is because of Obamacare.  So here comes Obama claiming that he will restore everyone's medical insurance without withdrawing his support for Obamacare.

But medical insurance is a private business.  A politician can't just declare that millions of Americans are going to be offered a commercial product for a set price--that, in this case, happens to be uneconomical for the insurance businessmen because Obama is not withdrawing his endorsement of the Obamacare taxations and regulations.

To give an analogy, suppose you have been a customer of a local bakery for many years.  And, a Democrat Congressman becomes instrumental in passing a set of laws that saddles the baker with massive taxation and terrible regulations.  When the bakery closes shop because the owner can no longer make any money, there is widespread backlash. So, the Democrat Congressman decides to fix things by giving a speech in which he declares that the former customers of bakery products at that business can continue to buy cakes at the same prices they used to, but the new laws will still stand.

Don't you see what is happening?  Obama wants you to "buy" an insurance company's cake, while Obamacare puts it out of business, too!

What I see coming is a concerted attack on private insurance companies.  Intellectually arm yourself and engage.  It should be quite a battle.

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind