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I Plead With You to Read This

publication date: Mar 22, 2010
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author/source: Brad Hamill
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Greetings,


I have attempted to make this article as understandable as possible.  I implore you to read it fully, and to re-read it if something isn’t clear.

The Congressional Budget Office (CBO) just released their analysis of the Health Care bill this morning – along with the Reconciliation bill that the House is seeking to pass that will add amendments to the Senate version of the bill.

You can view the 25-page report here: Congressional Budget Office Report.

Let’s begin our analysis with a very telling paragraph in the report.  It can be found on page 1:

“Although CBO completed a preliminary review of legislative language prior to its release, the agency has not thoroughly examined the reconciliation proposal to verify its consistency with the previous draft. This estimate is therefore preliminary, pending a review of the language of the reconciliation proposal, as well as further review and refinement of the budgetary projections.”

This is an example of the CBO seeking cover for what’s about to happen.  NOBODY knows what language is in the reconciliation bill!

Here’s what’s going to happen on Sunday, just so you can be aware of the tyrannical and treasonous structure of our government.

The House of Representatives is going to attach a “rule” to the Reconciliation bill.  This “rule” will state that the Senate version of the Health Care bill is “deemed as passed”.  This means that we will never see a recorded vote of which House members voted for or against the Senate version of the bill.  It will just be stipulated as passed.

The House vote that will take place this coming Lord’s Day will be on the Reconciliation bill.  The Reconciliation bill will then go to the US Senate for a vote – but will only need 51 votes to pass since it will be considered as “budget reconciliation”.  There will be no opportunity for Senators to filibuster this bill!

Let’s look at what else is being foisted upon us.

“CBO and JCT (Joint Committee on Taxation) estimate that enacting both pieces of legislation—H.R. 3590 and the reconciliation proposal— would produce a net reduction in federal deficits of $138 billion over the 2010–2019 periods as a result of changes in direct spending and revenue.”

Hey, this doesn’t sound too bad!  What’s not to like about a $138 billion dollar deficit reduction over the course of 10 years?  Read on.  You’re about to discover how you get lied to time and time again.

Page 8 of the CBO report shows us that the “Gross Cost of Covered Provisions” will be $940 billion over 10 years.  Remember, this number has no basis in fact – it is just an estimate based upon a Reconciliation bill that nobody really knows the contents of.  It will be much higher than this.

Let me ask you a basic Economics 101 question.  Ready?  How will our country “SAVE” $138 billion over 10 years when it has to “PAY” an extra $940 billion in Health Care taxes over that same time period?

How will our Federal budget deficit shrink when we are spending so much more money?

How many of you remember the Federal budget deficit reductions that we had under President Clinton?  He used the same sleight of hand that we are about to witness again.

ALL government “trust” funds (Social Security, Medicare, Civil Service, Military Retirement, etc.) are stolen from each year.  ANY money from ANY of those “trust” funds that is not “outlaid” to recipients each fiscal year is summarily STOLEN by our government and used to fund other programs.  These STOLEN funds are replaced with IOU’s that are backed by the future labor of you, your family, and our entire working population.

Here’s the kicker.  All of that STOLEN money has a “pretty” name attached to it.  It’s called “Inter-governmental Lending”.  The Federal government will use that STOLEN money and count it as part of their money that they get to spend each year.  Are you beginning to see the picture?

The Federal government can INCREASE their Marxist policies and spending and still claim a $138 billion “reduction” in the Federal deficit as long as they are able to STEAL enough money from the newly created “Health Care Trust Fund” to make their annual budget deficit “’appear” to shrink.

Here’s the secret that they don’t want you to know.  That STOLEN money still has IOU’s that need to be paid back by your future labor.  That STOLEN money still counts as part of our national debt!

All “reduction in federal deficit” means is that the Federal government spends less each year than it takes in.  If it’s STEALING a HUGE chunk of money from the new “Health Care Trust Fund” then it can claim to reduce the deficit.

However, the debt (IOU’s) sitting in the “Health Care Trust Fund” that is still owed by our future labor DOESN’T GO AWAY!!!  Our nation’s overall debt INCREASES by a HUGE amount, even though our nation’s Federal budget deficit DECREASES.

If this concept doesn’t make sense to you then please take the time to re-read this article. Feel free to email me with any questions.  It is ESSENTIAL that people understand what is about to happen to our nation!

Folks, I don’t know what else to say.  We have reached the point of government tyranny.  We will be forced into the new system the same way they have forced us into the old system – by the point of a gun and the bars of a cell.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness.”

It is GOD that gave us liberty and freedom (under His righteous rule) in this nation – not the bureaucrats!

When are we as a nation going to begin acknowledging that fact?  When are we going to tell these tyrants NO MORE!!!  When are we going to stop being sheep led to the slaughter of our liberty? 

Andrew Jackson had a saying that is very relevant to where we are today:  “One man with COURAGE makes a MAJORITY”!
We should all carefully ponder those words.

Warmly,

Brad

If you are not currently on the Economic Update email list you can email me at: brad@newfamilyeconomics.com to be added.
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