Obamacare’s Latest Casualty: Largest Health Insurer On Colorado Exchange Abruptly Collapses

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/obamacare%20strikes.jpg

 

This wasn’t supposed to happen.

With the mainstream media, at least the majority that is left of center, flooded with story after story touting Obamacare’s success, the news coming this morning from Denver that Colorado’s largest nonprofit health insurer and participant in that state’s insurance exchange Colorado HealthOP is abruptly shutting down, forcing 80,000 Coloradans to find a new insurer for 2016, was a slap in the face for the Obama administration’s crowning achievement. Continue reading

Cyprus a Vassal State of the German Empire

A woman holding dual nationality walks with placard reading ‘No to the 4th Reich’ outside the parliament in Nicosia on March 24, 2013. (PATRICK BAZ/AFP/Getty Images)

 

During the early hours of Monday morning, EU leaders agreed to another bailout for Cyprus. The island will receive the €10 billion (us$12.9 billion) it needs to avoid collapse without most Cypriots having money removed from their bank accounts. But Cyprus’s economy has been destroyed. The nation is left as a vassal state of the new German empire.

The deal will be painful for the whole economy. Last week, German Chancellor Angela Merkel said that Cyprus “must realize its business model is dead.” The latest bailout has ensured that realization. Continue reading