The Oligarchy Times

Vol. 1, Issue 2.

President Obama now has a new name and new title.  As of today, I declare his new name to be President Enron.  Why?  Enron promised to deliver a functional energy exchange.  It took in lots of money, but it turned out to benefit a very small number of clients but profoundly benefitted the principles of Enron.  It was incapable of delivering on its promises.  President Enron promised to deliver a working healthcare exchange.  He got elected to the highest office in land based on the lies he told about keeping doctors, keeping insurance, and not costing the taxpayers one dime. What followed the enactment of the Unaffordable Careless Act earned him his new title, Commandeer-in Chief.  This is not a typo.  President Enron commandeered over $700 billion from the Medicare trust fund.  Here are the numbers:

President Enron and his minions are responsible for the creation of a system that doesn’t only have a flawed Web portal, it doesn’t even have a system created to pay insurance carriers.  So the Unaffordable Careless Act has the ability to take money in but it doesn’t have the ability to send money out.  The Commandeer-in-Chief is also a prolific liar.  He told millions of Americans that “the product is good.”  If the product was good, it would be able to do what was promised.

If you don’t like the name President Enron, I have an alternative: President Barry Madeoff.