Posted on 10/25/2009 12:37:05 PM PDT by Shellybenoit
In Barack Obama's vision of America, people are not allowed to disagree with the president's position. Even of facts are used, dissent must be crushed. Such it is with the the insurance industry
"Even as America's families have been battered by spiraling health care costs, health insurance companies and their executives have reaped windfall profits from a broken system." Barack Obama July 2009
Two weeks ago when the Insurance Industry released a study showing that Obamacare would actually increase costs, the POTUS went on a rampage once again:
It’s smoke and mirrors. It’s bogus. And it’s all too familiar. Every time we get close to passing reform, the insurance companies produce these phony studies as a prescription and say, “Take one of these, and call us in a decade.” Well, not this time. The fact is, the insurance industry is making this last-ditch effort to stop reform even as costs continue to rise and our health care dollars continue to be poured into their profits, bonuses, and administrative costs that do nothing to make us healthy – that often actually go toward figuring out how to avoid covering people.
If you believe the-bully-in-chief, all of our problems are due to the greedy insurance companies and their windfall profits. Problem is the President's claims are lies, there are no windfall profits, in fact the average insurance company makes a measly 2.2% of profit. The 2007 profit margin for President Obama's friends at General Electric was 10.3%, Berkshire Hathaway. Warren Buffett's company earned an 11.47% profit in 2007.
The President's propaganda about the health industry is nothing more than trying to destroy anyone who disagrees with him. The United States is quickly becoming a country where dissent is not allowed:
(Excerpt) Read more at yidwithlid.blogspot.com ...
Are his lips moving????
Tennessee Ernie! How cool is that -
Cool huh?
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