4 replies to this topic

[AChartist]

My associate at work, retired, works as an hourly contractor, has 2-3 other pensions, went to apply for affordable care for his wife. His wife presently works, they are older. based on 70k annual income, the affordable premium is 12k, gov pays 3k and cost for one person is 9k premium per year. I have not see the 20 page application myself, have heard that all accounts, 401k, pensions have to be turned over to them for collateral. What they are going to do is tell these people, this treatment or proceedure costs 100k, you have 100k in your 401k, do you want to spend that or turn it over to your beneficiaries, that is how they are going to guide them into death. For reference, the avg 401k balance is 70k, the average for people over age 55 is 155k. So anyway 9k, only one person of the family because he will use veterans benefits, is 18% of net income. ONLY ONE PERSON of the household not even a typical case. Economy will collapse 18% overnight but I am already saying it is on a 8-10% running collapse rate per year now. If one were putting 10% on credit card per year they are running a 10% collapse rate but they might be able to report on the tv that spending was up and they are in 10% recovery rate. So i have to see the structure of the irs penalty worksheet. Most likely if it is similar to all the other govbank paper terrorism, they may give you spending allowances, for example, to make you sell a house and move into apartment, if above the housing allowance. If you don't use two new car finance allowances they cut that allowance not allocate it, they don't let you appropriate unused new car allowance to your priority or core values. They don't allow education or student loan payments for example. They don't allow church membership for example. You cannot have one car and appropriate equivalence of 2nd car allowance to a childs education for example, you lose it if you do not finance two cars. The new car finance spending allowance is quite liberal, imagine that, but auto operation expense is not. You better not need gasoline or tires or $100 per hour shop rates, to get to work to have said income. They will force you to sell a house to relocate near work for example. If two jobs are too far apart the gasoline allowance is not there and one job has to be cut, no end to it. And all the people forced to sell houses at great losses, have to bankrupt which is a loss of all existing non exempt property. Spending allowance structure of the govbank statues effectively force default of existing contracts which is bankruptcy. About the only existing contract they cannot force default is the whole life insurance ( not annuity ). Life insurance is a govbank spending allowance. But until I see the irs obamacare penalty worksheet I have not confirmed how govbank spending allowances will be accounted for. Annuity is exempt from confiscation, but it is not a spending allowance. I am pointing out the forms of non-confiscatable property are annuity and whole life, life insurance is a spending allowance. Annuity is not a spending allowance. To become familiar with the groundwork laid through spending allowances in preparation for obamacare mass wealth transfer confiscation, the irs national spending allowance can be looked up and these are similar to the Ch 13 bankruptcy spending allowances that can be looked up. Now you see the timeline laid. So the next epiphany, how they are going to do it. The will say this procedure is 75k, you have 75k in 401k, do you want to spend that or pass it on to beneficiaries. That is how they are going to guide them into death. For reference the average 401k balance is 70k, for age 55 and over it is 155k. They will get it all through irs and ch 13 spending allowance groundwork. I need more research, it appears one strategy may be to runup irs obamacare penalty on credit card, dispose of all confiscatable property and deposit that value into annuity and whole life, then bankrtupt it all when it is unrealistic to carry the credit card interest on the irs penalty. You only get once at this survival strategy however. I only need 5-7 years to get all the way out which I am attempting 5 years unless they get more violent first.

[colion]

So i have to see the structure of the irs penalty worksheet.

The penalty is quite low and, as noted by SCOTUS, must be collected by the IRS without the use of any "punitive sanctions, such as criminal prosecution". As a result, it is anticipated that more than a handful of people, especially young and healthy ones, will choose not to be insured until they need insurance and then drop it when they are again healthy. Many will also thumb their nose at the IRS penalty letters since in this case the IRS is a paper tiger. This in turn will raise premiums for everybody. Truly a screwed up piece of legislation.

The link is for one of the best articles that I have seen on Obamacare's problems above and beyond the lawsuits that are now making their way to SCOTUS. Table 1 shows that the threshold for choosing the penalty route is quite low.

Obamacare's timebomb

[AChartist]

Thanks, I'm looking for good information on this but I think it is much more sinister in light of many mass wealth transfer confiscation tactics ongoing in what is not a coincidental timeline any longer.

[AChartist]

For those interested in general in toward the overall process of wealth confiscation whether it applies to O-care or other aspects, to really understand how it works, go throught the NOLA online Ch 13 bankruptcy means test applying own family budget. The ephipany comes from the intent of spending allowances. What I envision, this tax say 9k per head, is it 18k per adult couple, is enforced by statue and irs. This means existing contracts must be defaulted. This means bankruptcy. Bankruptcy means Ch 13 for most people that can't read for themselves and defend themself to the court agents called bar attorneys ( british accredidation registry - foreign tile of nobility ) Ch 13 liquidates all property above token personal and homestead exemptions, then applies the communist social engineering spending allowances that assault any core values, and takes what is left of income for 5 years. Slaves. I think and I am practicing the principal that worst one can do is posses confiscatible property.

Edited by AChartist, 05 April 2013 - 03:18 PM.

[AChartist]

I have the breakthrough. To violate Law and Natural Rights, the scam they run is this, you have to volunteer for obamacare by "application". On all these documents, sign your name "with all rights reserved" The chances are they will kick you with no recourse because they cannot take the legal risks of violating constitution and natural law. The Heirachy is this Natural Rights Bill of Rights Constitution ( Law ) Acts Statute Rules None can violate any above. Only Constitution is Law, Rigths are ******* given. They can't touch you.