Medicare May Be Obama’s ‘Waterloo’

Matthew Vadum is an award-winning investigative reporter and the author of the book, "Subversion Inc.: How Obama’s ACORN Red Shirts Are Still Terrorizing and Ripping Off American Taxpayers."


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In the Battle of Waterloo a resolute leader defeated a dangerous, imperious tyrant. The metaphor lives on today in American politics.

During congressional hostilities over Obamacare Sen. Jim DeMint (R-SC) famously urged Republicans to push hard “to stop” President Obama’s signature legislation because killing the bill would “break him.” It would be Obama’s “Waterloo.” It would “show that we can, along with the American people, begin to push those freedom solutions that work in every area of our society.”

After Democrats used gangster tactics that made defeat impossible, former Bush speech writer David Frum scolded “conservatives and Republicans.” He blamed “[c]onservative talkers on Fox and talk radio [who] had whipped the Republican voting base into such a frenzy that deal-making was rendered impossible.”

“We followed the most radical voices in the party and the movement, and they led us to abject and irreversible defeat,” he wrote. The process ended in “Waterloo all right: ours.”

It now appears both DeMint and Frum were wrong.

Obamacare, it turns out, is not Obama’s Waterloo – but Medicare just might be.

Through a preternatural confluence of events Republican Mitt Romney could evict the Saul Alinsky radical in the White House by running a successful campaign on reining in the obscenely expensive Medicare program and introducing market reforms.

Yes, you read that right.

Moreover, Romney may be able not only to touch this supposed “third rail” of American politics and survive but to ride the lightning all the way into the history books.

This is because the coolest, smartest president ever is hellbent on extracting $716 billion from the popular health care entitlement for senior citizens. The effect on Medicare patients will be devastating but Obama doesn’t care. He’s got to have the money in order to pay for Obamacare, an unproven, unpopular, and largely unknowable program that makes patients and businesses justifiably nervous and alienates seniors, a hugely important voting bloc.

And he’s locked into the ultra-toxic Medicare cuts. In late 2009 Obama gave an authoritative “yes” as an answer when Jake Tapper of ABC News asked if he would “veto any bill that tries to restore funding you took from Medicare?” The election is now less than three months away. Obama is committed.

In 2008 candidate Obama went on record against a similarly sized Medicare cut.

“How would your golden years turn out under John McCain? His health care plan would cut Medicare by $800 billion — that means a 22 percent cut in benefits. Higher premiums and co-pays … after a lifetime of work, senior’s health care shouldn’t be a gamble. John McCain’s plan, it’s not the change we need.”

All of this is a political godsend. Republicans get a once-in-a-lifetime opportunity to play Santa Claus while normally spendthrift Democrats become Christmas-stealing grinches. Paradoxically, GOPers also get to position themselves as compassionate defenders of Medicare while acting like fiscally responsible grownups saving America from the monster of Obamacare.

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  • http://twitter.com/GlendaFindley @GlendaFindley

    I truly hope Romney seizes this golden opportunity and goes on the defensive on this. This is an issue very dear to my heart, as I will be going on Medicare in less than a year. Millions of seniors out there voted for Obama. This one issue would turn the tide in that venue.

    • Some Guy

      On the offensive, you mean? ;)

  • Choi

    President Romney.
    GOD-WILLING!

  • Stan Lee

    I believe that less than 5% of Medicare elderly ever knew of the $$716 billion that Obama stole from Medicare in order to implement his quest for legacy, what should become his "Waterloo," Obamacare. THey, the elderly, your mothers and fathers, are the most uninformed people in America, but they vote. Collectively, it's all our faults for allowing them to be uninformed.
    The statement that I cannot forget is Pelosi's "We have to pass it to see what's in it." How can such a stupid ploy have succeeded in full view of the American people? It's not what she "got away with," it's what they got away with with the votes given them by Americans! There's a book on sale now called "Screwed." We sure were!
    Americans have themselves to blame, they believed the leftist media which lied like h— to support everything the Obama regime did to this country. Now, we had better unravel this mess and inform the elderly they've been "screwed."

    • jude1229

      I HOPE MORE AND MORE SENIORS WAKE UP TO THIS SITUATION!!!! GO ROMNEY/RYAN 2012!!!!

  • Atikva

    We have already entered the age of socialist healthcare.

    A few days ago, one of my friends with Medicare AND a secondary insurance, was left waiting for nearly 4 hours after the time of her appointment, before being told point blank by her doctor that this medical office could no longer cater to elderly patients because too much time had to be spent on them, including time to fill the myriads of computerized forms mandated by the government. In clear: because Medicare doesn't pay enough, only young patients will be accepted in order to keep the doctor's office afloat.

    Even more drastically, only last week another friend of mine was simply rejected by another doctor's office that advertised it accepted new patients. Ah, but not Medicare patients, the receptionist told her, even those with secondary insurance. New Policy, and good luck to you!

    Soon, we are going to experiment the same situation as in socialist countries, where state regulations allow doctors to spend a maximum of 20 minutes per visit, so that the number of patients registered in each doctor’s office reaches the standard quota.

    And wait until Obamacare becomes operational – which God forbid!

    You wanted "change" … now you got it. Enjoy it!

  • harrylies

    In other words, seniors are getting welfare handouts. I thought FrontPage was against handouts.

  • AnnRandy

    Any fix NOT market based, that is where participants set the price thru supply and demand, is NOT a fix and will fail.
    Buy a 5K hospitalization policy, set up an MSA or FSA, and pay for the small stuff YOURSELF. It's really the ONLY responsible thing to do..unless you're a brain dead leftist and don't care..

  • Grampa

    This is typical of big government. They rob Peter to pay Paul. The problems arise when its tome to pay back Peter . They always find that is better to owe it to you than cheat you out of it. No matter how clever their plans are they never work. Government is known for its cost average of three to five times larger than the private sector. Why would we let them handle anything. Social security is broke, Medicare is broke, the post office is broke. It didn't used to be but good Ole boys saw a pile of money and well you know the rest. Waterloo? OK If they put President Obama where the put Napoleon (in exile). Time to take our government back.
    God bless America.
    (GRAMPA)