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  • Category Archives Democrats broke it
  • Fixing Too Big to Fail 2008-2017

    OBAMACARE CAN BE CERTAINLY BE COMPARED TO ANOTHER DEMOCRATS’ TOO BIG TO FAIL ACT

    Comment on “TOO BIG TO FAIL” seven years ago

    Is it possible for taking care of financial crisis by allowing each state to work on their own because each state has different needs?

    and they could spot the problem easier and can easily find the solution.

    ? Solving the Global financial Crisis is so complex. I have no idea what the solutions is going to be.

     THE BOAT HAS TOO MUCH WATER ON IT AND ITS ON THE DANGER ZONE. WE MAY HAVE TO ALLOW THE BOAT SINK AND LET THEM SWIM OUT OF IT.

    http://www.pbs.org/wnet/need-to-know/economy/the-true-cost-of-the-bank-bailout/3309/

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    OBAMACARE IS TOO BIG TO FAIL AND IT’S TOO BIG. (financial experts say)

    OBAMACARE,  THE PATIENT PROTECTION AFFORDABLE CARE ACT, TOOK EFFECT ON MARCH 23, 2010 IT IMMEDIATELY CAUSED A SHARP PARTISAN DIVISION. THIS STAGGERINGLY LARGE LEGISLATION et al. —2,300 PAGES.

    IT PASSED WITHOUT A SINGLE REPUBLICAN VOTE.

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    JULY 21, 2010 THE “TOO BIG TO FAIL”ACT

    THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT TOOK EFFECT ON JULY 21, 2010, IT IMMEDIATELY CAUSED A SHARP PARTISAN DIVISION. THIS STAGGERINGLY LARGE LEGISLATION—2,300 PAGES—

    IT PASSED THE HOUSE WITHOUT A SINGLE REPUBLICAN VOTE AND RECEIVED ONLY THREE GOP VOTES IN THE SENATE.

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    * Note, the term “Too Big to Fail” was coined with regard to TARP (the bail out of big banks)  A program of Obama’s  U. S. government to purchase toxic assets and equity from financial institutions. In 2010 the Democrats TARP, had lent, spent or guaranteed as much as $12.8 trillion for toxic assets.

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    OBAMACARE AND DODD-FRANK –TARP…… IMMEDIATELY CAUSED A SHARP PARTISAN DIVISION (these are too big to fail comments)

    Jun 20, 2009But if a company IS TOO BIG TO FAIL, SHOULD IT BE CONSIDERED TOO BIG TO EXIST … THEY WILL LOSE MONEY EVEN IF THE GOVERNMENT HAS TO STEP IN

    Oct 15, 2009 Greenspan said what I HAVE HEARD MANY OTHER CREDIBLE FINANCIAL EXPERTS SAY, NAMELY … GREENSPAN: “IF THEY’RE TOO BIG TO FAIL, THEY’RE TOO BIG

    OBAMACARE IS TOO BIG TO FAIL AND IT’S TOO BIG, AND OBAMCARE  SHOULD IT BE CONSIDERED TOO BIG TO EXIST. (financial experts say)

    2008-2017 THE MOST OUTRAGEOUS THINGS ABOUT ADDRESSING OBAMACARE IN CONGRESS

     OBAMACARE SHOULD IT BE REPEALED BECAUSE IT’S TOO BIG TO EXIST AND NO MATTER WHO STEPS IN, HARD WORKING AMERICAN TAXPAYERS WILL LOSE MONEY.

    * Nov 9, 2014 Gruber said, it passed because of ‘The Stupidity of The American Voter

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    NOV 8, 2016 AMERICA’S HARD WORKING CITIZEN’S VOTED FOR PRESIDENT TRUMP TO REPEAL OBAMACARE!

    1. OBAMCARE IS TOO-BIG-TO-FAIL
    2. OBAMACARE IS TOO BIG TO EXIST
    3. OBAMACARE IS A REALLY BIG DEMOCRAT’S DISASTER.
    4. AND REALLY, OBAMACARE IS TOO BIG REPEAL?
    5. AND OBAMACARE IS TOO BIG TO PASS BECAUSE OF OBAMA’S 100% DEMOCRAT’S HOLDING OUT IN CONGRESS?

    EVERYBODY IN CONGRESS LEFT AND RIGHT AGREES,  to disagree on everything, SOME SAY IT GOES TOO FAR, WHILE OTHERS ARGUE IT DOES NOT GO FAR ENOUGH, BUT NO MATTER WHO STEPS IN AND COMPROMISES,  AMERICA’S HARDWORKING TAXPAYERS WILL BE THE BIGGEST LOSERS  WITH OBAMACARE.

    THAT IS WHY OBAMACARE MUST BE REPEALED, BECAUSE IT CAN’T BE FIXED. period

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    PRESIDENT TRUMP HAS MORE THEN ONE WAY TO FIX OBAMACARE.

    President Donald Trump on Tuesday declared that Republicans should “let Obamacare fail,” saying the collapse would force Democrats to work with the GOP

    Whether they repeal Obamacare immediately or not, Trump has said Democrats would be forced to come to the table to negotiate with Republicans on a path forward for the nation’s healthcare system.

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    My favorite… how to fix OBAMACARE

    THE BOAT HAS TOO MUCH WATER IN IT AND IT’S IN THE DANGER ZONE. WE MAY HAVE TO ALLOW THE BOAT TO SINK AND LET THE DEMOCRATS SWIM THEIR WAY OUT OF IT.

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    SEPTEMBER 3, 2010 WE ALL KNOW ABOUT TARP? OR NOT?

    THE TROUBLED ASSET RELIEF PROGRAM (TARP) IS A PROGRAM OF THE UNITED STATES GOVERNMENT TO PURCHASE TOXIC ASSETS AND EQUITY FROM FINANCIAL INSTITUTIONS TO …

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    SEPTEMBER 3, 2010 WE ALL KNOW ABOUT TARP,  THE TROUBLED ASSET RELIEF PROGRAM, which spent $700 billion in taxpayers’ money to bail out banks after the financial crisis. According to a team at Bloomberg News, at one point last year ( 2010) THE U.S. HAD LENT, SPENT OR GUARANTEED AS MUCH AS $12.8 TRILLION to rescue the economy.

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    2008-2016 HARD WORKING AMERICAN VOTERS WATCHED, THEY LOOKED AT THE CONGRESSIONAL DEBACLES, OBAMA’S COLLUSION WITH HIS DEMOCRAT ADMINISTRATORS, THE LAWLESS IMMIGRATION, CRIMINAL ILLEGAL ALIENS, TERRORISM, THE WHITE HOUSE SUPPORT OF THE WHAT DO WE WANT “DEAD COPS”PROTESTORS, THE VETERAN ADMINISTRATION SCANDAL.

    AND, THEY LOOKED AT AMERICAS $20,000,000,000,000.00 TRILLION DOLLAR PERPETUAL DEBT OF THE DEAD. (NEARLY HALF WAS ACCUMULATED BETWEEN 2008 AND 2016 DURING OBAMA’S RULE)

    THE TWO DEMOCRATS “TOO BIG TO FAIL LAWS” OBAMACARE AND DODD-FRANK, TO SCRAP THEM ENTIRELY AND START OVER, QUICKLY BECAME  A PRIME WINNING POINT EARLY IN THE 2016 PRESIDENTIAL CAMPAIGN.

    JUN 16, 2015 -DONALD J.TRUMP ANNOUNCED HIS  RUN FOR PRESIDENT

    A PATRIOTIC AMERICA CITIZEN STEPPED UP TO THE PLATE AND SAID, AMERICA FIRST.

    THE UNITED STATES OF AMERICA IS TOO BIG TO FAIL.

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    2015 A profound Canadian comment

    Without America there is no free world

    Without Trump there is no America.

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    JUN 16, 2015 DONALD J. TRUMP HAD A PLAN TO MAKE AMERICA GREAT AGAIN

    NOV 8, 2016, PATRIOTIC HARD WORKING AMERICA CITIZEN’S STEPPED UP TO THE PLATE AND VOTED FOR  “DONALD J. TRUMP” AMERICA FIRST.

    WE THE PEOPLE, ONLY HAVE ONE COUNTRY THAT WE LOVE AND, THE UNITED STATES OF AMERICA IS TOO BIG TO FAIL.

    NOV 8, 2016 AMERICA’S HARD WORKING CITIZEN’S VOTED FOR PRESIDENT TRUMP TO REPEAL OBAMACARE!

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    THE ESTABLISHMENT REPUBLICANS PLANNED A BIG WIN BY  RESTING ON THEIR LAURELS

    LAURA’S INDEED, RESTING ON ONE’S LAURELS, TO BE SATISFIED WITH DISTINCTION WON BY PAST ACHIEVEMENTS AND CEASE TO STRIVE FOR FURTHER ACHIEVEMENTS

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    THE DEMOCRATS AND SOCIALISTS HAD HILLARY AND BERNIE

    FROM 2008-2016 EVEN WITH NO VIABLE LEADERSHIP IN THE WHITE HOUSE,  THERE WAS NO QUESTION ON HOW TO WIN THE PRESIDENTIAL ELECTION, IT WAS ALREADY FIXED WITH  A SURE WIN FOR HILLARY. NO WORRIES

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    Moving  BACK TO TO BIG TO FAIL

    April 2, 2014- the concept of being too big or too strategic to fail is alive and well.

    TOO BIG TO FAIL BANKS CAN KEEP YOUR MONEY IF THEY FAIL.

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    07/31/2014 Big Banks Remind Us Why We Should Be Scared Three separate events in Washington Thursday served as reminders that America’s big banks continue to pose risks to college students, consumers, and taxpayers.

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    JUL 29, 2015 –  ‘Too Big to Fail’ Is Still a Problem. Here’s How D.C. Wants to End It.

    REMEMBER THIS WAS POSTED JULY 29, 2015

    The scariest thing about addressing “too-big-to-fail” banks is that there’s no dress rehearsal. For all the plans, simulations, and preparations, the only way to know that the problem of banks being excessively interconnected in the wider economy has been solved is when one of these banks fails — but doesn’t take the rest of the economy with it.

    Until that happens, elected officials and regulators are left to look back at the 2008 debacle and argue about whether they’ve put the pieces in place to keep it from happening again.

    Leaders in the world of financial regulation talk about how to pick up where Dodd-Frank left off — or how to scrap the law and start over entirely.

    But in the midst of that argument, this much is clear: These banks are as big, or bigger, than they ever have been.

    “THEY HAVE A POTENTIAL TO HAVE A CATASTROPHIC EFFECT,” says Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corporation. “THEY ARE LARGER THAN THEY WERE AT THE LAST CRISIS.”

    That does not mean that there haven’t been attempts to mitigate the problem of banks being so large that they require a bailout. IN THE FIVE YEARS SINCE CONGRESS PASSED the Dodd-Frank Wall Street reform law,(OBAMA’S) regulators have implemented a suite of measures aimed at ensuring that the nation’s largest banks are sound and that, should they wobble, the economy won’t go with them.

    IN 2010 THE DEMOCRATS TWO “TOO BIG TO FAIL LAWS” BECAME LAW OBAMACARE AND DODD-FRANK

    AND WHAT WOULD I SAY, IF ANYONE ASK ME WHY, IN THE SEVEN YEARS SINCE THE DEMOCRATS IN CONGRESS PASSED THEM,  THEY HAVEN’T BEEN REGULATED?

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    THANK GOD DONALD J. TRUMP WAS ELECTED PRESIDENT ON NOV 8, 2016

    Jan 20, 2017 DONALD J. TRUMP  TOOK OFFICE

    Trump pledged during the transition that rolling back regulations, particularly 2010 Dodd-Frank law, would be a priority of his administration.

    Feb 3, 2017 – Trump signed an executive order directing the Treasury secretary to consult with regulators about what needs to be done to fix the Dodd-Frank Wall Street Reform and Consumer Protection Act and to report back. That report is due in four months.

     “We expect to be cutting a lot out of Dodd-Frank,” Trump said, after morning … that rolling back regulations, particularly 2010 Dodd-Frank law, would be a priority of … In its regulatory rollback, the administration has a willing partner in the … plans to reintroduce the Financial Choice Act in the coming weeks.

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    Presidential Executive Order on Core Principles for Regulating the …

    https://www.whitehouse.gov/…/presidential-executive-order-core-principles-regulatin…

    Feb 3, 2017 – Presidential Executive Order on Core Principles for Regulating the United States Financial System. EXECUTIVE ORDER … (a) Nothing in this order shall be construed to impair or otherwise affect: … DONALD J. TRUMP.

    INDEED, FIVE DAYS EARLIER…..

    Too big to fail – It’s happening again – Business Insider

    www.businessinsider.com/too-big-to-fail-its-happening-again-2017-1

    JAN 29, 2017 TOO BIG TO FAIL IS RETURNING WITH A VENGEANCE. The same risk that major Wall Street banks posed in the 2008 crisis when they were too complex, …

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    The bottom line on “TOO BIG TO FAIL” seven years ago

    SIMPLY PUT….

    Is it possible for taking care of financial crisis by allowing each state to work on their own because each state has different needs?

    and they could spot the problem easier and can easily find the solution.

    ? Solving the Global financial Crisis is so complex. I have no idea what the solutions is going to be.

     THE BOAT HAS TOO MUCH WATER ON IT AND ITS ON THE DANGER ZONE. WE MAY HAVE TO ALLOW THE BOAT SINK AND LET THEM SWIM OUT OF IT.

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    My bottom line July 29, 2017 (seven years later)

    Solving the Obamacare and Global financial Crisis is so complex. I have no idea what the solutions are going to be.

    BUT, THIS IS MY FAVORITE SOLUTION TO OBAMACARE

    THE BOAT HAS TOO MUCH WATER IN IT AND IT’S IN THE DANGER ZONE. WE MAY HAVE TO ALLOW THE BOAT TO SINK AND LET THE DEMOCRATS SWIM THEIR WAY OUT OF IT.


  • Democrats Didn’t Due Diligence on Obamacare

    Mar 9, 2010 DUE DILIGENCE is an investigation or audit of a potential investment to confirm all facts, such as reviewing all financial records, plus anything else deemed material.

    IN THIS CASE  “DUE DILIGENCE” REFERS TO WHAT THE 100% OF ELECTED DEMOCRATS IN CONGRESS SHOULD HAVE DONE BEFORE THEY ALL VOTED ON OBAMACARE.

    Pelosi: “We Have to Pass the Bill So That You Can Find Out What Is In It”

    ▶ 0:10

    https://www.youtube.com/watch?v=hV-05TLiiLU

    Mar 9, 2010 – Uploaded by PoliJAM

    Pelosi: “We Have to Pass the Bill So That You Can Find Out What Is In It” … Nancy Pelosi said there was so …

    MARCH 23, 2010 INSTEAD OF DOING WHAT A REASONABLE PERSON WOULD DO… THE 100% OF THE ELECTED DEMOCRATS IN CONGRESS VOTED AND PASSED OBAMACARE, THE UN-AFFORDABLE CARE ACT.

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    NOV 10, 2014 WAS PROFESSOR JONATHAN GRUBER TALKING ABOUT THE STUPID 100% OF VOTERS IN CONGRESS?

    ObamaCare architect: ‘Stupidity’ of voters helped bill pass | TheHill

    thehill.com/policy/…/223578-obamacare-architect-lack-of-transparency-helped-law-p…

    NOV 10, 2014 – An architect of the federal healthcare law said last year that a “lack of transparency” and the “stupidity of the American voter” helped Congress approve ObamaCare. In a clip unearthed Sunday, Massachusetts Institute of Technology Professor Jonathan Gruber appears on a panel and …

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    ON MARCH 23, 2010 THE DEMOCRAT’S  OBAMACARE WAS 100% UN-AFFORDABLE. period

    I did my  DUE DILIGENCE ON OBAMACARE: AND I VOTED FOR TRUMP

    JULY 7, 2017  IS IT JUST ANOTHER OBAMA ADMINISTRATION STUPID MESS FOR TRUMP TO CLEAN UP?

    OR NOT? WHY NOT JUST LET IT CRASH AND BURN AS OBAMA’S NAMESAKE LEGACY?

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    JULY 17, 2017 HOW’S OBAMACARE WORKING OUT FOR WORKING AMERICAN CITIZENS?

    Average Individual Health Insurance Premiums Increased 99% Since …

    news.ehealthinsurance.com/…/average-individual-health-insurance-premiums-increase…

    JAN 23, 2017 – Open enrollment for 2017 health insurance plans under the Affordable Care Act (ACA or Obamacare) began on November 1, … Prior to 2014, eHealth published an annual Cost and Benefits report, which tracked cost and …

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    HOW ARE THE OBAMACARE DEDUCTIBLES WORKING OUT FOR AMERICA’S WORKING FAMILIES?

    Nov 14, 2015“Our DEDUCTIBLE is so high, we practically pay for all of our medical … Her family of four pays premiums of $1,200 a month for coverage with an … like generic drugs or visits to a primary care doctor, before patients …

    Oct 10, 2016, Before Trump was elected, he said “HEALTH CARE IS GOING UP BY NUMBERS THAT ARE ASTRONOMICAL — 68%, 59%, 71%,”

    THAT “IT’S FAR TOO EXPENSIVE” AND THAT “NOT ONLY ARE YOUR RATES GOING UP BY NUMBERS THAT NOBODY’S EVER BELIEVED,

    BUT YOUR DEDUCTIBLES ARE GOING UP,

    SO THAT UNLESS YOU GET HIT BY A TRUCK, YOU’RE NEVER GOING TO BE ABLE TO USE IT.”

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    TRUTH IS: IN THE PAST FIVE YEARS, ACCORDING TO NPR HEALTH POLICY CORRESPONDENT ALISON KODJAK, “THE AVERAGE COST OF HEALTH CARE TO FAMILIES (PAYING DEDUCTIBLES)  BEFORE THEIR INSURANCE KICKS IN HAS RISEN 67%.”

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    I did my  DUE DILIGENCE ON OBAMACARE: AND I VOTED FOR TRUMP

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    JULY 17, 2017 HOW’S OBAMACARE WORKING OUT FOR AMERICAN SENIOR CITIZENS?

    Average? Retired  single  75 year old lady living on a lower income Social Security check

    HOT DAMN, I GOT A 3% SOCIAL SECURITY COST OF LIVING INCREASE

    Medicare costs $107.00 @month, Prescription Drug Plan$72.70 @month.

    Indeed,  I must pay an additional $220.75. AARP supplemental insurance for 100% full coverage, through United Healthcare (no deductible)

    TOTAL PAID OUT FOR MEDICAL INSURANCE $400.45 @MONTH

    Of course the  $200.75 is optional, my choice….  I pay so I won’t lose my house, my IRA and stock, Just in case, I fall and break my hip, spend a week in the hospital and spend another month in a care facility.

     And, I live through  it. 

    Oops,  I decided not to pay it, I am bankrupt,  I’ve lost my IRA, my stock and my house.

    Now, I am  homeless,  retired,  single, broken old lady on a lower income Social Security check.

    Best case scenario, I continue to pay the $200.75, my family inherits my IRA, my stock and my house.

    Worst case scenario I decided not to pay the $200.75, my family has to take care of a bankrupt, homeless broken old lady, and they inherit zip, zero, Nada, nothing.

    I did my  DUE DILIGENCE the care a reasonable person should take before entering into an agreement or a financial transaction with another party.

    As a reasonable old lady, I shall continue to  pay the $200.75@ month  to AARP for my United Healthcare and not become a burden to my family.

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    The bottom line…

    JULY 7, 2017  IS OBAMACARE JUST ANOTHER OBAMA ADMINISTRATION STUPID MESS FOR TRUMP TO CLEAN UP?

    OR NOT?

    WHY NOT JUST LET IT CRASH AND BURN AS OBAMA’S NAMESAKE LEGACY?