Did Earl Pomeroy Vote For A Health Care Ponzi Scheme?
I think it’s pretty obvious he did, but don’t take my word for it. Listen to Pomeroy’s Democrat colleague Senator Kent Conrad talk about the bill:
The House also contains a new government long-term insurance program that starts collecting premiums in 2011 but doesn’t starting paying benefits until 2016 and then runs out of money in 2029. North Dakota Democrat Kent Conrad called it “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of” in an interview with the Washington Post in late October. Mr. Cooper has with a single vote made his entire career irrelevant.
A “ponzi scheme Bernie Madoff would be proud of.” That’s what Rep. Earl Pomeroy voted for.
I couldn’t have said it better myself.
