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Government

Rumor Check: Obama Uses Obamacare to Pay Off Crony to The Tune of $340 Million

Mar. 3, 2013 4:45pm Mytheos Holt

Is President Obama using his administration’s landmark legislative accomplishment as a vehicle to reward a longtime friend and political ally to the tune of $340 million?

That viral accusation has just begun making the rounds thanks to several conservative news sites, most notably Lifesitenews and the Washington Examiner. These sites allege that a woman named Sara Horowitz, who heads up the New York-based Freelancers’ Insurance Company (and its parent corporation, the Freelancers’ Union), has been loaned $340 million by the federal government to help set up Obamacare’s “exchanges” in New York, New Jersey and Oregon, in spite of a dubious record when it comes to actual customers. Lifesitenews sums up the accusation this way:

An insurance company known for not keeping its contractual obligations has received $340 million in federal loans to set up a health care exchange under ObamaCare. Critics say the only apparent criteria for the loan is the fact that the company is led by a friend of Barack Obama during his community organizer days. She is also a former leader of a George Soros-funded politically radical organization.

All of these charges are serious, so we thought we’d take a look into the evidence for each. What we found may surprise you.

Rumor Check: Obama Uses Obamacare to Pay Off Sara Horowitz of Freelance Insurance Company to The Tune of $340 Million

Sara Horowitz (Photo Credit: AP)

Accusation #1: The Freelancers’ Insurance Company is “known for not keeping its contractual obligations”

In assessing this story of alleged political cronyism, probably the most relevant piece to be considered is the complaint that Sara Horowitz’s company is demonstrably unfit for the responsibility involved, and is, in fact, a poor provider of health insurance. After all, the nature of cronyism is that it rewards incompetence with connections. In marshaling evidence for the proposition that the Freelancers’ Insurance Company (FIC) is an incompetent health insurance provider, Lifesitenews makes the following subset of accusations:

FIC has been rated the “worst” insurer in New York for the past two years by state regulators, and has weathered numerous public relations and customer service crises since it launched in 2008. The company is so unpopular it has spawned its own hate blog, “Upset Freelancers’ Union Members,” where those who buy their healthcare from FIC meet to complain, strategize, and give each other tips on how to navigate labyrinthine restrictions and try to get results from the notoriously frustrating customer service hotline.

In 2011, the New York State Insurance Department ranked FIC dead last in customer satisfaction among insurers. Despite its relatively small size, FIC had the most complaints of all the state’s insurance providers. Last year, FIC again ranked “worst” in complaints. The National Association of Insurance Commissioners says FIC’s complaint rate is more than seven times the national average.

In half the complaints lodged against FIC by its customers, the insurance department ruled that “the health insurer did not comply with statutory or contractual obligations.”

After further digging on our part, it appears that only some of these points are valid, though arguably still enough of them to raise questions. The statistic from the National Association of Insurance Commissioners proved difficult to verify, and the reference to the “hate blog” was potentially overblown, given that the blog in question does not appear to have been active since early 2009. This is relevant, because even according to Horowitz herself, her company failed to be fully profitable or functional during its first year (2008), and as such, the “hate blog” would make sense as a phenomenon from that first year alone. Certainly, the absence of complaints on the site since early 2009 suggests that the people involved either took their business elsewhere or had their issues resolved.

However, given the other evidence regarding FIC’s business practices, the former course of action seems more likely. FIC has a record of consumer satisfaction that could charitably be called mixed. Its two year streak as “worst” company in terms of number of complaints is quite real. From last year’s “New York Consumer Guide to Health Insurance Companies“:

And from the same document in 2011:

Readers will note that in both cases, the absolute bottom rank goes to FIC. It is also worth noting that in 2012, of the 59 complaints that were filed against FIC, 30 were found to be accurate, whereas in 2011, 31 out of 62 were found to be accurate. In other words, at least half of all complaints against FIC have been upheld over the past two years by the New York State Insurance Department, which also ranks them dead last out of all the providers in the state. Not exactly a vote of confidence.

On the other hand, there are mitigating factors that may explain FIC’s attractiveness as a model for the administration’s health insurance exchanges. In an article offering advice to freelancers on how to obtain health insurance, Forbes Magazine described FIC this way:

If you live in New York State, for example,The Freelancers Union offers insurance through the Freelancers Insurance Company (F.I.C.). It currently covers about 25,000 independent workers and their family members and offers premiums that are reportedly a third below market rates. Individual plans might run from $225 to $600 per month.

In other words, judging by the statistics and pricing, the tradeoff in getting a plan from FIC is fairly simple to outline: Low prices, but also a lower quality of service. Moreover, a profile of Sara Horowitz in Slate Magazine detailed other factors that might lead the administration to find FIC’s model attractive – for instance, the low rate of compensation that Horowitz herself enjoys, and the attention by the company to crafting plans that match up to the needs of its specific demographic (IE freelance workers). In other words, even if cronyism is involved, it goes beyond personal affection between the President and Horowitz — her version of insurance coverage also matches up fairly well with the administration’s ideological vision. This can also be seen in this interview with Horowitz from BigThink:

So is FIC a terrible provider of health insurance that could not possibly get federal loans if not for cronyism? Not exactly. It is admittedly an unlikely recipient in some ways, but it also does not operate in the same way as a conventional insurance company, and its model of providing insurance lines up with the administration’s ideological goals. As to the accusation that Sara Horowitz is a bosom friend of President Obama? Read on.

Accusation #2: Sara Horowitz is a friend of President Obama’s from his community organizing days

While there is little doubt that President Obama and Horowitz have crossed paths and share certain goals, the evidence that the two were affiliated during the president’s days as a community organizer is nonexistent, and the idea that they are “friends” as opposed to simply “allies” is also difficult to verify. The earliest association on record for the two occurred during President Obama’s days as an Illinois State Senator, when they both served as founding members of the liberal organization Demos. From an archived version of Demos’ website (emphasis added):

Demos began as a vision of Charles Halpern–then the president of the Nathan Cummings Foundation and a veteran non-profit entrepreneur. He was troubled by the narrow conversation about America’s future. On the eve of the 21st century, it seemed that America no longer had the imagination to tackle its largest problems and build a more just society.

Halpern set out to challenge the status quo with a new institution. He envisioned a dynamic hub for creative scholars and cutting-edge practitioners–an organization that combined ideas and action to chart a new set of priorities for America. By 1999, Halpern had assembled a talented working group to develop Demos. Among them were David Callahan, a fellow at the Century Foundation; Rob Fersh, a long-time policy advocate; Stephen Heintz, Vice-President of the East-West Institute; Sara Horowitz, founder of Working Today; Arnie Miller, a leading executive recruiter; Barack Obama, then a state senator from Illinois; David Skaggs, a congressman from Colorado; and Linda Tarr-Whelan, an internationally recognized expert on women and economic development. This working group would eventually form the core of Demos’ staff and Board of Trustees.

In other words, Obama and Horowitz have a past professional connection, but there is no evidence of a personal one. However, it should be noted that in cases like this, a professional connection may be all that’s needed. There is one other former leading figure at Demos to whom Obama tried to offer a substantial amount of agenda-setting power: none other than former Green Jobs Czar Van Jones.

Van Jones (Photo Credit: http://www.bet.com)

Accusation #3: Horowitz is a former leader of a Soros-funded group

This accusation is the most unambiguously accurate, and it once again goes back to Horowitz’s relationship with Demos. As it happens, in the records of Soros’ Tides Foundation, Demos is listed as a grantee under Tides’ 2010 list of grantees, having received a grant of $53,970:

As established above, Horowitz was one of Demos’ founders. In fairness to her, she may have left before the group appeared on the list of recipients of Soros’ money, but the connection remains.

Then again, while this accusation is true, it also is the least conclusive in terms of its value as proof. The idea that President Obama would hire a committed liberal to manage his health insurance exchanges is not, in itself, surprising or newsworthy, and it scarcely proves cronyism exists in this case. Not that the suspicion is entirely unreasonable, given the problematic record of FIC, and the existing professional connection between Sara Horowitz and President Obama, but suspicion is not proof.

Conclusion

Even in the absence of definitive proof of cronyism, the checkered record of FIC leaves open the question of why it received such a large amount of federal money. The existence of such a question implies the need for a greater degree of transparency. Accusations of cronyism are more plausible when the standards by which such loans are given out are left up to the imagination, and certainly, that is the case when it comes to the funding for those who set up these insurance exchanges. Hopefully, the congressional investigation into these matters will shed some light on the subject.

In CONTROL, Glenn Beck presents a passionate, fact-based case for guns that reveals why gun control isn’t really about controlling guns at all; it’s about controlling us. Find out more HERE.

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Comments (154)

Geopatriot
Posted on March 3, 2013 at 6:20pm
Obama believes in this garbage. That should be all we really need to know. They’re nothing but socialists. Let’s talk about who was clueless!. Anyone that voted for Obama had to be clueless to what Obama and his wackos are attempting to do to this country! They need to be rounded up and placed on a slow boat to a communist country and leave them where they hit land. The majority of the American people don’t buy into this woman’s or Obama’s manifesto. Frankly I’ve heard enough, how about you!

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- TAXEVERYONE
  Posted on March 3, 2013 at 9:48pm
  So what. Nothing will ever become of this story.
  
  Report this comment
- neidermeyer
  Posted on March 3, 2013 at 11:20pm
  Obamacare Question: Can someone please explain to me what is expected of Americans living abroad.. How do they comply with Obamacare?
  
  Report this comment
- nw5052001
  Posted on March 4, 2013 at 1:23am
  In response to NEIDERMEYER: There must be something about drones in the AHC bill
  
  Report this comment
- redfish52
  Posted on March 4, 2013 at 6:35am
  Come on folks…its the “Chicago way”…criminals paying criminals. You asked for it…and you got it…they can only blame the right and republicans for so long. Once the food lines start and gas is $10 a gallon the hit will sit the fan and “all” government will be blamed. The mega rich will all ways be the mega rich…they run the world…always have…always will.
  
  Report this comment
- naughtycal
  Posted on March 4, 2013 at 8:24am
  We need to repeal every law not fulling read and vetted before Congress voted on it.
  
  Report this comment
- hoopsgulch
  Posted on March 4, 2013 at 9:09am
  Street ‘surance.
  
  Report this comment
- Proverbs17-12NLT
  Posted on March 4, 2013 at 9:39am
  It’s time to impeach this halfman before someone shoots him.
  
  Report this comment
- JohnofOregon
  Posted on March 4, 2013 at 10:37am
  This isn’t even much of a story. The real story of bribes and pay offs is in HUD. Everybody is paid off with ‘
  “Legal” real estate investments in the name of “affordable” housing are where the money is transferred. If there were such things as investigative reporting, this is where it all is. Look at the millions Valarie Jarret got when she walked out the door. It’s all tax payer money.
  
  Report this comment
- jwpowers41
  Posted on March 4, 2013 at 11:00am
  apparently enough did buy in because obozo got reelected thos voters need to leave our country as
  they are not patriots but parasites and a blight on this great republic…….
  
  Report this comment
- VanceUppercut
  Posted on March 4, 2013 at 11:45am
  Halliburton got paid millions to build shower facilities for US troops in Iraq. Using shoddy material and even shoddier workmanship, the built death traps that electrocuted several soldiers who were just trying to take a shower. So who got paid to fix the showers? Halliburton. If your buddies with Duck Cheney, killing US servicemen means you get even richer by fixing the faulty wiring that was your fault in the first place. Why am I wasting my time typing all this, it’s not like any of you “patriots” actually cares about the troops.
- love the kids
  Posted on March 4, 2013 at 12:03pm
  How do so many of you miss the factual point anyway? Even if all of these connections can’t be proven, the question to me is: Why did the administration pick the :LOWEST RATED company to set up the exchanges???
  
  Report this comment
- BLACKDIAMONDSKIER
  Posted on March 4, 2013 at 6:37pm
  @ LOVE THE KIDS
  “Why did the administration pick the :LOWEST RATED company to set up the exchanges???”
  
  It is amazing how long it took for a common sense question to be asked. I guess the old saying “birds of a feather flock together” comes to mind. A low-life administration will pick a low-life company to do business with every time. The administration chose a company that matches the quality they represent. In this case, the quality between the company and the administration seems to match perfectly.
  
  Report this comment
- dmerwin
  Posted on March 4, 2013 at 11:28pm
  “Freelancers” who is signing up for that coverage? The name tells you all you need to know.
  
  Report this comment
OBE
Posted on March 3, 2013 at 6:19pm
Why would they reward the worst company for customer satisfaction? Once again, Obama loves to reward cronies and failures. So predictable! Enough is enough on supporting Obama’s friends. Couldn’t he have just made her a Czar?

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- mikem1969
  Posted on March 3, 2013 at 6:42pm
  ummmmm, because not only is it cronyism, it is also the liberal progressive mantra, REWARD THE FAILURES while punishing all others.
  
  Report this comment
- UNALIEN
  Posted on March 3, 2013 at 6:53pm
  Sara Horowitz’s Overview another neo Marxist SEIU union lawyer and organiser
  
  Current
  Executive Director at Freelancers Union
  President and Chief Executive Officer at Freelancers Insurance Company, Inc.
  Past
  Eisner Levy Staff Attorney, Counsel to 1199 SEIU at Eisner Levy
  Public Defender at Legal Aid Society
  Union Organizer at 1199 National Health and Human Service Employees Union
  Education
  Harvard University Kennedy School of Government
  Columbia University School of Law
  State University of New York at Buffalo – Law School
  see all
  Connections
  3 connections
  Websites
  Freelancers Union
  Freelancers Insurance Co.
  Sara Horowitz’s Experience
  
  Executive Director
  Freelancers Union
  Nonprofit; 51-200 employees; Nonprofit Organization Management industry
  Currently holds this position
  
  President and Chief Executive Officer
  Freelancers Insurance Company, Inc.
  2008 – Present (5 years)
  
  Eisner Levy Staff Attorney, Counsel to 1199 SEIU
  Eisner Levy
  1992 – 1994 (2 years)
  
  Public Defender
  Legal Aid Society
  Nonprofit; 1001-5000 employees; Legal Services industry
  1989 – 1992 (3 years)
  
  Union Organizer
  1199 National Health and Human Service Employees Union
  1984 – 1985 (1 year)
  
  Sara Horowitz’s Education
  
  Harvard University Kennedy School of Government
  Master of Public Administration
  1995
  
  Columbia University School of Law
  1989
  
  Report this comment
- Salamander
  Posted on March 3, 2013 at 10:38pm
  Maybe because it’s a losing proposition and ALL the other companies know better than to touch it with a 10-foot pole! Just let it run for a couple of years, audit it and put her in jail! Obama, the Teflon President, goes free!
  
  Report this comment
lefty5005
Posted on March 3, 2013 at 6:08pm
Another Jewish American Princess reaping the benefits of Democrat support. May she rot in hell.

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- turkey13
  Posted on March 3, 2013 at 6:23pm
  It doesn’t make much difference what happens. All of Obamas friends will just have an extra wheel borrow of cash to buy a loaf of bread when the dollar goes bust. If his friends didn’t buy a gun, ammo, garden seeds, silver, gold or food stocks they will be up the creek when we go to a barter system.
  
  Report this comment
- daver18
  Posted on March 3, 2013 at 7:18pm
  What does the fact that she has a Jewish name have to do with it? That kind of comment not only displays your own bias against someone just because they have a name that is traditionally Jewish (and by the way, it could be her married name for all you know). If you’re going to attack someone base your condemnation on facts about things they’ve done, otherwise you sound like a liberal with no substance to your criticisms.
  
  Report this comment
- Bluebonnet
  Posted on March 3, 2013 at 7:21pm
  So, what else in new? We all know there’s nothing honest coming out of this administration. Hasn’t anyone figured out why America is broke? You can only pay out so much to your buddies over a period of the last 4+ years before you draw the well dry.
  The facts of life is: there are many who take & take (legally and illegally) and never get caught. Then there are the ones who take the fall for the good of whom? This Nation is on a downhill spiral if we keep on keeping on…………..time for a few honest men & women in position of TRUST. hahaha
  
  Report this comment
- pissantno.10
  Posted on March 3, 2013 at 7:39pm
  i think we know who the liberal here is dave and that be you
  
  Report this comment
OBE
Posted on March 3, 2013 at 6:03pm
The idea is not to punish millionaires but force the hand of our elected officials to get their acts together and get this debt and spending under control. Democrats love spending and big government, yes? So, why not have the Hollywood crowd, Soros, Warren Buffet…put their money where their mouth is and pay until we get the debt erased. All of Obamas friends and cronies would have a fit if the spending impacted them. They want utopia, we just want sanity and fiscal restraint.

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PIGSWILLNEVERFLY
Posted on March 3, 2013 at 6:03pm
He wants to make sure we all good n die. let us count the ways.

http://www.frontpagemag.com/2013/dgreenfield/illegal-aliens-bringing-60-percent-lethat-drug-resistant-tb-the-the-united-states/

May have spread to as many as 4500 in L.A.
Think how many are sneaking across the boarder with much worse.
IMPEACH HIM CONGRESS!

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The-Monk
Posted on March 3, 2013 at 6:01pm
Lets not forget that over 1000 companies got exemptions from ObamaScare….

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- msjoe43
  Posted on March 3, 2013 at 6:34pm
  The unions and its members got out of paying… employed by those companies.
  
  Report this comment
- moosebeeusa
  Posted on March 3, 2013 at 8:25pm
  Corruption is at the top. 0bama has a waiver list. You on it?
  
  Report this comment
- Salamander
  Posted on March 3, 2013 at 10:42pm
  An exemption should VOID the law! If it doesn’t apply to ALL, it is favoritism! Perhaps a Class-action lawsuit by all those NOT-EXEMPTED?
  
  Report this comment
- TexVet61
  Posted on March 3, 2013 at 11:07pm
  yep, stinking d**k sucking unions are always Obamas crack wh**es, I cant wait for the fall, when all the dumbocrates find out what holding on to their bibles and guns really means, this land IS one nation UNDER GOD and GOD will provide his faithful, dont let the fact that just because we are christians makes us puss**s, i was a soldier in the first gulf war and i will fight 100 fold to protect the letter of the law (the constitution) then i fought for my country. and i always gave 110% I also agree and disagree on preparing, those that haven’t prepared by buying arms, ammo, seed and bullion will most likely first have Obama and his private army try to steal it, head the advice in your head, if you are of christian values and conservative mind MOVE to be with like minded people, those will be where the lines start, otherwise, you neighbors will become the brown shirts and turn you in and take your stuff. Prepare America, while you were sleeping a tyrant has taken over because you refused to pay attention.
  
  Report this comment
DZ-015
Posted on March 3, 2013 at 5:57pm
This story does The Blaze proud. It looks like there was due diligence in the research along with a reasoned analysis of the findings. Let the chips fall where they may. This is what the mainstream media used to do before they sold their souls to the Lord of then Flies.

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OBE
Posted on March 3, 2013 at 5:55pm
One fleeced nation under God…

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jmeister8
Posted on March 3, 2013 at 5:49pm
Wait till we have to deal with FIC in New York Obamacare. Elections have consequences and when those that elected good old Barry find out the savings on their healthcare will cause delays in service and even death and that their savings arent savings at all but increadable cost increases, then the voice you hear laughing loudly in the back at you will be me. The only good thing about this Obamacare is the fact that some of you progressives will face death panels because of it. Others will have to wait months to get tests and all of you will have to pay more. The suffering will be universal but my suffering will be mitigated by the hilarious realizing that your suffering too. And thats now, wait till the doctors leave the system and no one wants to go to school anymore to be a doctor. Then the pain and death will increase and so will my laughter at you sick pathetic worthless sacks of skin that voted for it. You voted for your own demise and when it happens maybe we can start fresh without your mentaly sick progressive influences.

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- The_Jerk
  Posted on March 3, 2013 at 5:58pm
  Sara Horowitz, just one more of the heavily Jewish connections that brought Obama into politics. The cultural changing, tradition destroying, I want to rule your life Jewish progressive club continues to grow… with our money and labor.
  
  Report this comment
- Mil-Dot
  Posted on March 3, 2013 at 6:01pm
  Old white baby boomer traitors that are afraid to meet their maker got Obama “re-elected”. That and a healthy dose of flat-out voter fraud. These cretins are so selfish about “their” Medicare, SS and other giveaways that they willingly sell out the futures of their kids and grand children so they can suck at the public trough for a few more days. They are despicable human beings, if that. And don’t give me that “I paid into it” crap.
  
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- Walkabout
  Posted on March 3, 2013 at 7:11pm
  I cringe every time I see a Jewish person who is a Democrat.
  
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- SON_OF_RJJINGADSDEN
  Posted on March 3, 2013 at 7:37pm
  Walkabout
  Hell, he does the same thing when they do not claim to be
  Democrats!
  
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- Kregneva
  Posted on March 3, 2013 at 9:07pm
  @WankerBot
  
  Fortunately for you, you do not live in America; so you don’t have to cringe – real Americans know how to coexist with the millions of patriotic Jews who sometimes vote Democrat. Per capita; well educated liberal Jews create jobs better than anyone that you know (that includes Murdock– whose person you have never actually had a spoken word with).
  
  Democrat Jews are US Citizens who pay taxes and are stakeholders in our nation. Unlike Walkabout. They are part of the fabric of American greatness. Unlike Walkabout. but, I digress
  
  Joey; gainsay how you really feel about liberal Isrealis? Cobba? Or is this the lesbian-bot?
  
  Report this comment
- Gonzo
  Posted on March 4, 2013 at 8:34am
  A fair analysis Jerk.
  
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RitafromPA
Posted on March 3, 2013 at 5:46pm
Ya know, I just read that Kerry is to send $250 million to the Muslim Brotherhood in Egypt and now this crap with Obamacare!! I am seriously about to go over the deep end! How in the name of God are we able to come up with all this money when WE HAVE NONE!! The sky is falling, a week ago…cuts are being made as we speak…what the heck? I just sent off an email to Bob Casey and when I go to renew my DL this week, I willl be changing parties for sure! As much a I am unsure about the Republicans, I am sure the Democrats are trying to destroy our Country along with our dear President.

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- katzkiner
  Posted on March 3, 2013 at 10:30pm
  Sit down-we are sending $30 billion to Iraq next month.
  
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OBE
Posted on March 3, 2013 at 5:42pm
Back to my idea….We will have our collection of every dollar earned over a million dollar income and given to the government to pay off the debt they racked up monitored like a fund raising thermometer. When we pay off our national debt we can restore the multi millionaires to their income. They should like that because they are out for the poor, elderly, children…. This way they can live up to what they preach to all of us!

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- dc5
  Posted on March 3, 2013 at 5:53pm
  Those who preach those ideas are not defined by being millionaires, but rather philosophically wrong. To punish achievement is beyond evil.
  
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- drhunt
  Posted on March 3, 2013 at 6:29pm
  “From each according to his ability, to each according to their need”-Karl Marx
  
  Great idea, huh Obe?
  
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- katzkiner
  Posted on March 3, 2013 at 10:43pm
  Marx also advocated every generation killing off the top 2% wealthiest in the nation. That would eliminate a lot of Marxist, Jewish lefties in one fell swoop. Let’s hear the whole Gospel of Marx. The 1% owns 40% of the wealth in America. They should be anti-communist.
  
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zgomer
Posted on March 3, 2013 at 5:33pm
And nothing will happen…

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- PATTY HENRY
  Posted on March 3, 2013 at 5:56pm
  I have a question: Didn’t Obama want this “health care” program because there were about 28 M
  Americans without health care…? Modify to say 28 Million people in the USA without Health care?
  
  Then didn’t we discover 12 M of those were Illegal Aliens? Then didn’t we discover 14 M of those were young people under age of 30 who felt their Auto insurance (accident) was enough and they didn’t want to pay health care?
  
  Then didn’t Obama care cover kids until they were 26 on their parents policies? (and they were covered by their auto insurance for accidents – as we all are – anyway).
  
  SO 12 M illegals + 14 M young kids who don’t want medical health care (don’t want to pay for it) =
  26 M ….that leaves about 2 M who can’t get insurance that DO need help. all the time 85 % of us were okay with the insurance we have.
  
  SO this B-tard gets into office. He uses Health Care to pacify the idiots on the left who cannot connect the dots, who have no clue why they are here except to be pacified and who have never grown up, have -0- character but think they are wonderful… we have this looming $ 20K a year per household of 4; this huge Dr. Shortage because it’s been ruined as a career for brilliant people..they can make more being plumbers or mechanics…and INSTEAD of stopping the corruption and cleaning up HC, it is now 28 M times worse. Isn’t that right? Please feel free to answer!!
  
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83plus
Posted on March 3, 2013 at 5:30pm
The last estimated total cost of obamacare I heard was around 6.1 TRILLION dollars. AND THIS IS WHY!

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- Outlaw_Josey_Wales
  Posted on March 3, 2013 at 5:59pm
  I used to wonder if the United States could go bankrupt, now the question is when. I think there will be a major financial crisis within 5 years, the national debt is going to implode.
  
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OBE
Posted on March 3, 2013 at 5:29pm
Since Obama and his lib friends want to REALLY help the poor and middle class, how about we let those making more one million dollars a year give away every dollar over that number until they get the spending down to the number it was under Clinton’s administration and restore the sanity. The money would go directly to pay for the debt. I wonder if Obama’s friends and Hollywood would like that idea since they are always thinking of how to help the little people. Maybe we can have Washington really paying attention to what they are doing when they feel some pain and their supporters feel the pain that they are throwing at the majority of people in this country.

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- drhunt
  Posted on March 3, 2013 at 6:35pm
  Obe-is that $1M before, or after taxes? And what right does the government have to take ALL you’ve earned over some arbitrary amount? Wasn’t it FDR that one week after becoming POTUS in his first term, forced Americans to sell their gold to the government under criminal penalty if they didn’t? How would you like that? Socialist dictators are that way.
  
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- sasquatch08
  Posted on March 4, 2013 at 6:08am
  “how about we let those making more one million dollars a year give away every dollar over that number until they get the spending down to the number it was under Clinton’s administration and restore the sanity. The money would go directly to pay for the debt.”
  
  Not real good with arithmetic are you?
  
  If you took every penny from every person making $250,000 a year it would cover the feds operating expenses (at current levels) for about 3 months of 1 year.
  
  Taking every dollar above $1,000,000 from those people would take literally hundreds if not thousands of years to accomplish what you propose.
  
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Outlaw_Josey_Wales
Posted on March 3, 2013 at 5:27pm
Next week, Obama’s cronies will be at fort knox stuffing their pockets with gold ingots.

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- Gronket318
  Posted on March 3, 2013 at 6:01pm
  The only problem is that there isn’t any gold in Fort Knox
  
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- katzkiner
  Posted on March 3, 2013 at 10:35pm
  The bankers got there first, Germany and Sweden asked for their gold back, the Fed said sure, just give us 7 years.
  
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- Salamander
  Posted on March 3, 2013 at 10:45pm
  The gold has been factored and hypothecated so many times, that it isn’t worth a plumb nickel! By now, practically EVERYONE ON EARTH has a claim on it! Anybody wanna write a derivative on gold?
  
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banjarmon
Posted on March 3, 2013 at 5:23pm
Insurance is like a Casino…Give Us ALL you have and We Might give you back some!!

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gyro
Posted on March 3, 2013 at 5:10pm
bingo Obama’s mstress

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- progressiveslayer
  Posted on March 3, 2013 at 5:22pm
  That’s impossible since it’s a female,our POS leader is gay as hell just ask all his gay lovers from Chicago……..wait we can’t ask them.
  
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progressiveslayer
Posted on March 3, 2013 at 5:08pm
This fraudulent insurance company will be the type that’ll be denying claims by the millions under this POS law that will destroy this countries health care system.

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buggirl
Posted on March 3, 2013 at 5:06pm
Money from the Obama Administration is like the kiss of death. We can expect the Freelancers Insurance Co to go belly up within the next year. All that money flushed down the crapper.

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- 13th Imam
  Posted on March 3, 2013 at 5:33pm
  There is NO Obama money. Every dollar is TAXPAYERS dollars or Fed printed China borrowed money.
  
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civilwarcometh
Posted on March 3, 2013 at 5:05pm
They both know and associate with Soros. Well that’s all you have to know right there.

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CanteenBoy
Posted on March 3, 2013 at 5:04pm
We suck as an insurance company… What difference does it make??

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barber2
Posted on March 3, 2013 at 4:59pm
” Hopefully, the congressional investigation into these matters will shed some light on the subject.” Huh ? Remember Fast and Furious investigation ? Remember the Benghazi investigation ? I am not holding my breath. The Chicago radicals seem to hold all of the cards. And the MSM is also in their pocket.

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- encinom
  Posted on March 3, 2013 at 5:16pm
  Investigation into what, rumors from hate sites like Lifesitenews and the Blaze. Again this is another case of creating the story, than looking for the facts to go along. Made up news is so typical of the shoddy reporting found on the Blaze.
  
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- Fubared
  Posted on March 3, 2013 at 7:58pm
  Encidiot, you would think 0 would use some of his gains from being the best firearms salesmen ever to advance more of his socialistic plans.
  
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- katzkiner
  Posted on March 3, 2013 at 10:49pm
  Shoddy? What do you call the Communist News Network, Pravda, USA?
  MSNBC? Ministry of Socialist unNatural Bull Crap?
  Did you log into the wrong blog again?
  
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skippy6
Posted on March 3, 2013 at 4:59pm
So that’s how Barry crap care works!!! Who woulda thunk…..

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IMCHRISTIAN
Posted on March 3, 2013 at 4:58pm
Stealing is a break in one of the commandments so if it is true it is just another headache that he will bear someday and sleep will be harder to come by for him. He has invested enough of taxpayers money and he is bowed to by the voters who are being given things, God help him because his soul will need a lot of cleansing before judgement day, I hope it is not true but we will see,….Life is short and eternity is forever

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- MN NICE
  Posted on March 3, 2013 at 5:27pm
  I don’t think he loses any sleep over anything he’s done… But I’ll bet he’ll have to smoke a turd in purgatory when his time comes!
  
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- nesmond
  Posted on March 3, 2013 at 5:44pm
  I think you give obama WAAAY too much credit. I’m sure he has no trouble sleeping or ever thinks about eternity. His stance on abortion alone attests to that.
  
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Darmok and Jalad at Tanagra
Posted on March 3, 2013 at 4:56pm
A company that breaks it’s promises, lies, and will not take responsibility…….they could just rename themselves Obama Inc, there motto will be, “We don’t care, and it shows.”

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- Snowleopard {gallery of cat folks}
  Posted on March 3, 2013 at 5:04pm
  Absolutely – why should it not come as a surprise to anyone that Obama will use Obamacare and all other federal means as a ultimate slush-fund for his cronies.
  
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- moosebeeusa
  Posted on March 3, 2013 at 8:33pm
  Corruption is at the top. 0bama has a waiver list. Are you on it?
  That’s the only way 0bama knows how it operate…Chicago style.
  
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- Darmok and Jalad at Tanagra
  Posted on March 3, 2013 at 9:45pm
  The only “Chicago Style” thing I like is pizza.
  
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