1.05 million > 815,000 are a bit too much for a liberal brain to comprehend.

Giving him a percentage problem as well is just unfair!

Blam.

If what President Obama said were true, there would be approximately 1.05 million health care related bankruptcies in this country every year. However, in 2007 (the last full year for which there is data available, there were a total of only 815,000 non-business bankruptcies nationwide. Moreover, according to a study by Dr. Ning Zhu at UC-Davis, only 5 percent of bankruptcies are caused by medical bills. That suggests that in 2007 there were about 41,000 health care related bankruptcies. Too many, to be sure, but a far cry for 1.05 million.

Obama did not lie. He quoted this article based on a 2005 study conducted at Harvard. Perhaps Jeff Emanuel should call Harvard Professors the liars, rather than Obama. Obama did not Lie, he just repeated what was already documented.

Sick and Broke

By Elizabeth Warren
Wednesday, February 9, 2005; Page A23

The problem is not in the bankruptcy laws. The problem is in the health care finance system and in chronic debates about reforming it. The Harvard study shows:

• Health insurance isn’t an on-off switch, giving full protection to everyone who has it. There is real coverage and there is faux coverage.

Policies that can be canceled when you need them most are often useless. So is bare-bones coverage like the Utah Medicaid program pioneered by new Health and Human Services Secretary Mike Leavitt; it pays for primary care visits but not specialists or hospital care. We need to talk about quality, durable coverage, not just about how to get more names listed on nearly-useless insurance policies.

• The link between jobs and health insurance is strained beyond the breaking point. A harsh fact of life in America is that illness leads to job loss, and that can mean a double kick when people lose their insurance. Promising them high-priced coverage through COBRA is meaningless if they can’t afford to pay. Comprehensive health insurance is the only real solution, not just for the poor but for middle-class Americans as well.

Without better coverage, millions more Americans will be hit by medical bankruptcy over the next decade. It will not be limited to the poorly educated, the barely employed or the uninsured. The people financially devastated by a serious illness are at the heart of the middle class.

Every 30 seconds in the United States, someone files for bankruptcy in the aftermath of a serious health problem. Time is running out. A broken health care system is bankrupting families across this country.

http://www.washingtonpost.com/wp-dyn/articles/A9447-2005Feb8.html

Seriously though, call me paranoid, but I sincerely believe they’re doing EVERYTHING ON PURPOSE and all at once. They want as many of our side really mad at them, because one day, somebody is going to do something REAL STUPID and then they’ll simply seize the government “for the good of the people and country” - at that point, all bets are off and we’ll have King Obama and his civilian defense corps on the march.

I also deep-down know they’re going to over-reach and then….. ooh boy, it’s not gonna be pretty.

He gets away with it because his followers are willing to forgive anything at this point. At some point, though, I suspect they will begin to peal off.

Obama is a bold faced liar, rationalized by his election.

When he said there are NO earmarks, that confirmed it wasn’t lazyness or ignorance.

He thinks most Americans are too dumbed down to challenge him, and as of now, he is right.