Another Extra-Legal Change, Obama Regime Quietly Sneaks In an Insurance Companies Bailout

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After he was caught in the Lie of the Year, our Dear Reader backpedaled, and in another demonstration of his leniency and kindness, granted a temporary dispensation to those subjects who had lost the “substandard” catastrophic plans that they were too stupid to realize weren’t good enough for them. Oh highest praise to our Sham WOW (Walks On Water) occupant of the Oval Office!

Perhaps it’s not a coincidence that the
stupid people who had those barebones policies were young and healthy, so this temporary fix for the One’s lie caused another, and much larger political problem; specifically, those youngsters were supposed to pay the freight for the broken-down physical wrecks, land orcas and the rest of the sick, sore, lame and disordered baby boomers and seniors thrilled to be part of Obama’s Medicaid Plus scheme. Now they are out of the mix, which means those premiums must start their ascent into the stratosphere, and lift off is scheduled for right before the 2014 election. Not to worry. He’s got a pen and a phone.

From The Los Angeles Times:

The Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.
The move was buried in hundreds of pages of new regulations issued late last week. It comes as part of an intensive administration effort to hold down premium increases for next year, a top priority for the White House as the rates will be announced ahead of this fall’s congressional elections.

Administration officials for months have denied charges by opponents that they plan a “bailout” for insurance companies providing coverage under the healthcare law.

And administration officials would never lie, right?

Once again, the Regime is running a coverup con on us, using taxpayers as a

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