The "Confidence Man"
Keep the message of “The Confidence Man,” that before someone can take advantage of a victim, he must get the victim to believe in him, to have confidence in what he is saying, in mind when you read the following two postings on this blog.
Health Insurance - Ya' Gits Whut Ya' Pays Fer
That is why the Republicans are having trouble replacing the Affordable Care Act. They can’t bring themselves to accept such facts. So they, like that real estate developer with underwater estates to sell, prefer to lie about what they are offering to the American public. To do the job properly, it cannot involve tax reduction; in fact, it must anticipate an increase in taxes somewhere along the line. Those are the facts. The American public should be wary of having unjustified "confidence" in G.O.P. claims.
The Constitution Says So!
Conceivably, "Obamacare" might be repealed but with an expiration date several years in the future. Until then, the G.O.P. will continue to attack it by refusing to correct its shortcomings and attacking its funding. Meanwhile, no replacement plan with a chance of passage is on the horizon. But the President might be happy because “repeal” to take place at some future date, even without “replacement,” would technically still remove an onerous Constitutional burden from from his presidency. That's why he is willing to accept it either way, "repeal" alone or "repeal with an accompanying replacement." But whatever they come up with, the American public should be wary of having unjustified "confidence" in G.O.P. claims.
See footnote below.
Footnote: If the more liberal wing of the Democratic Party had prevailed in 2010, Obamacare would have included a "single payer" option ... amounting to Medicare for everyone. But that didn't happen. The Democrats chose to pass the Affordable Care Act, using the private sector to provide health insurance. This was the traditional Republican way. If the Democrats had gone with "single payer," the Republicans would have no problem today! They would just vote to repeal it and replace it with the Affordable Care Act. As it stands now, just voting to repeal the Affordable Care Act will result in lengthy debate as to what to replace it with! They have no agreement on a replacement plan. And it is unlikely they ever will.
Low income people who need a car, any car, to get them to work or to a doctor, end up purchasing used vehicles. Often they are unable to keep up with the car payments which are obscenely high because these kinds of buyers usually have horrible credit scores. The cars are then repossessed and sold to someone else with the same kind of problem. Sometimes, the cars break down or end up needing major repairs which the owner cannot afford. But the low-income buyers, all poor credit risks, must continue to pay obscenely high payments even after they no longer even have the cars. Their wages can even be garnished to meet the payments! The dealers really don’t sell cars; they sell financing. They run a con-game right out of Melville’s book.
One of the ugly side stories stemming from this is the practice of major banks, (Santander Bank is a prime example, but there are many others) of packaging these sub-prime auto loans and moving them as bonds into the securities market, just as sub-prime mortgages were bundled and marketed a dozen years ago. And you know where that got us.
Icing on the Cake of Lies