ObamaCare Could Destroy 5.2 Million Jobs

I live in Hawaii where if you work 20 hours a week or more, your employer is required by law to offer a basic health care package.  This particular law is destroying small businesses in the state, and causing certain industries and employers to hire only part time workers.  I know from personal experience that this law is the lynch pin in numerous businesses here either lurching toward bankruptcy or completely going under.

The Heritage Foundation has done a study of the “pay or play” provisions in the healthcare bill and has found that it will most likely destroy 5.2 Million jobs and cost employers $49 Billion dollars.

Because I live here, and my boss is already under this type of provision, I know that the Heritage Foundation’s findings are pretty close to the mark.

H.R. 3221; The New Indentured Servant Act

Between Barney Frank trying his utmost to strangle free enterprise in this country, (a new post on a new bill introduced coming soon), and the State Department’s budget, this bill slipped by me.  Rest assured, as soon as GovTrack comes back up from it’s crash status I will read it and let you know what I find.  In the meantime, Glenn Beck and Matthew Spaulding had a discussion yesterday about the following bill and the ramifications for us when combined with other legislation that has passed.

H.R. 3221: Student Aid and Fiscal Responsibility Act of 2009

There will be no more private student loans that are guaranteed by the government.  The government will forgive your loans if you become a government employee or work for an “approved” non-profit for ten years.

The College Cost Reduction and Access Act of 2007 established a new public service loan forgiveness program. This program discharges any remaining debt after 10 years of full-time employment in public service.

Who is not going to jump at that?  Most of the population is not educated enough on what this country and our Constitution is all about to understand how they are just selling themselves into indentured servitude.

Remember H.R.1388 that was signed by The One on 4.21.09? Oh, that’s right; so much has been driven through by this fascist administration that you may not remember.  Here’s some highlights:

H.R. 1388 Serve America Act:

Aims to increase the percentage of disadvantaged youths in the National Civilian Community Corps to over 50% by 2012 (Sec. 1503).

Expands the National Civilian Community Corps mission to include projects on energy conservation, environmental stewardship or conservation, infrastructure improvement, urban and rural development, or disaster preparedness needs (Sec. 1506).

More information, go here.

And now for Glenn’s breakdown of H.R. 3221.

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