Sunday, March 21, 2010

Economic Disaster - House Passes Health Care Bill

The House of Representatives has passed the Senate health care bill. The final vote is 219 to 212. No Republicans voted yes, 34 Democrats voted no.

When the House reached the magic number of 216 votes, the Democrats in the chamber burst into applause and began to chant, "Yes we Can." Obama watched the vote in the White House's Roosevelt Room with Vice President Joe Biden and about 40 staff aides. When the long sought 216th vote came in — the magic number needed for passage — the room burst into applause and hugs. An exultant president exchanged a high-five with his chief of staff, Rahm Emanuel. Fox News Reports - Read more Here

This is one of the most tragic days in American History. The economic effects of this Bill passing will be devastating if it isn't stopped. Massive Tax increases on Businesses and families that make over 250k per year will make the costs of all goods and services go up. Businesses won't hire because of increased taxes and they will pass the extra costs on to the consumer. They are doing this at a time when the economy is at its worst since the great depression. Why didn't they focus on job creation before this was passed? This just makes me believe that they are intentionally trying to collapse the system with the "Cloward and Piven" (Google it) strategy. There is no concievable way that this will help our economy by adding another trillion dollars to the deficit and burdening our Businesses with much higher taxes. I will update this issue as events unfold. I fear for my country, may God help us all.

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