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Weekly News Wrap-Up ObamaCare: Pay More-Get Less, Real Fed Exposure $29 Trillion, Texas Size Debris Field & Iran Nukes

by Greg Hunter, USAWatchdog:

Obama Care is the top story, and the problems keep piling up for folks losing their insurance. One reader on the USAWatchdog site told me his family plan doubled to more than $1,600 a month with much higher deductibles and co-pays.

I have not had a single person on the site write me and tell me they are paying less. Forget about the website problems in the end, most people are going to be paying more and getting less for health care. This is just the individual plans where millions are finding out you cannot keep your old plan. It’s not cheaper, and in most cases, you cannot keep your doctor. This is why 16 Democratic Senators, who are all up for re-election in 2014, met with the White House this week. They are worried, and they should be. I predicted this would be an ongoing disaster for Democrats, and it is. Why do you think they put off the employer mandate? In the end, everyone is going to take a hit and pay more for less. They are going for a single payer system and don’t care who they hurt to get there. Democrats already realize this is a loser and are going to get creamed in 2014. How do you put this genie back into the bottle? You can’t. The other big unreported story is the extremely negative drag this is going to have on the economy. You can’t take that much money from people and have a growing vibrant economy.

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