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‘Marketplace:’ Where People Buy Compulsory Insurance With Other People’s Money

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Terence P. Jeffrey
CNS News
October 22, 2013

When President Barack Obama spoke in the Rose Garden on Monday to justify and explain the problems at the website his administration has created under the Patient Protection and Affordable Care Act to sell government-approved and subsidized health insurance plans, he used the word “marketplace” seventeen times.

In English, according to Merriam Websters, a “marketplace” is “an open square or place in a town where markets or public sales are held.” A “market,” it says, is “a meeting together of people for the purpose of trade by private purchase and sale and usually not by auction.”

The “marketplace,” says the dictionary, “is the interpreter of supply and demand.” It is “the world of trade or economic activity.”

Under Obamacare, the government commands people to buy insurance.

The “marketplace” in the fraudulent lexicon of Barack Obama is the government website where Americans go under government command to buy government-approved health insurance with other people’s money.

If a person earns less than 400 percent of the poverty level–$94,200 for a family of four—the government will force taxpayers to subsidize that person’s compulsory purchase of insurance through payments made directly from the Treasury to the person’s insurance provider—but only if the person buys a government-approved insurance plan and only if the person buys it through the government-run insurance exchange.

Full article here

This article was posted: Tuesday, October 22, 2013 at 5:09 am





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