It started as a rumor, then grew to a whisper. Now it’s a roar. Democrats are running for cover and asking, nay demanding, that Obamacare be delayed!
Republican Senate “Leaders” said it couldn’t be done, and had nothing but insults and smears for US Repr. Mike Lee and US Sen Ted Cruz, who struggled valiantly to get the Congress to do just that.
USA Today headline: Democrats beginning to support Obamacare delays
The paper cited, “first cracks in party unity against GOP opposition to the health care law,” and continued, “The pressure is acute in the Senate where Democrats in conservative or competitive states are lining up behind proposals to delay Obamacare, citing problems with the administration’s glitch-plagued online rollout.”
The latest information on the Democrat cave-in was published in the Wall Street Journal today by the wonderful Kim Strassel.
Here are a couple of grafs from that piece:
Jeanne Shaheen doesn’t sound like a Democrat who just won a government-shutdown “victory.” Ms. Shaheen sounds like a Democrat who thinks she’s going to lose her job.
The New Hampshire senator fundamentally altered the health-care fight on Tuesday with a letter to the White House demanding it both extend the ObamaCare enrollment deadline and waive tax penalties for those unable to enroll. Within nanoseconds, Arkansas Sen. Mark Pryor had endorsed her “common-sense idea.” By Wednesday night, five Senate Democrats were on board, pushing for . . . what’s that dirty GOP word? Oh, right. “Delay.”
After 16 long days of vowing to Republicans that they would not cave in any way, shape or form on ObamaCare, Democrats spent their first post-shutdown week caving in every way, shape and form.
And what investment lesson do we learn from this? It’s not over ’til it’s over!
Oh, right. That’s a baseball lesson. Well, it works for an investment philosophy, too.