Business news without the bullshit

Why "mandatory" insurance?

Taxes are just the tip of the iceberg

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Local governments hiding trillions?

Add up all the states, counties, cities, towns, school districts, authorities and other revenue generating entities.

The number of such entities is massive.

We've been conditioned to believe that these entities: a) depend on tax revenues entirely, b) live hand to mouth and c) are perpetually broke.

The reality is that ALL of these entities maintain off-budget investment accounts, some small, some massive and that the revenue from these funds which in California are estimated to be $8 trillion alone surpasses revenue derived from taxes.

And when these entities want more money, they create laws to create new revenue opportunities for themselves, one of the biggest ones being mandatory insurance.

Do you see why mandatory health insurance is such a big deal to these thieves?