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Obama Threatens Insurers’ Anti-Trust Exemption [Expose 0 and Expect Retaliation!]
NYTimes ^ | October 17th 2009

Posted on 10/17/2009 1:44:42 PM PDT by Steelfish

Obama Threatens Insurers’ Anti-Trust Exemption

By PETER BAKER

Published: October 17, 2009

WASHINGTON — President Obama mounted a frontal assault on the insurance industry on Saturday, accusing it of using “deceptive and dishonest ads” to derail his health care legislation and threatening to strip the industry of its longstanding exemption from federal antitrust laws.

In unusually harsh terms, Mr. Obama cast insurance companies as obstacles to change interested only in preserving their own “profits and bonuses” and willing to “bend the truth or break it” to stop his drive to remake the nation’s health care system. The president used his weekly radio and Internet address to challenge industry assertions that legislation will drive up premiums.

“It’s smoke and mirrors,” Mr. Obama said. “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.”

Rather than trying to curb costs and help patients, he said, the industry is busy “figuring out how to avoid covering people.”

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: baker; fubo; healthinsurance; insurers; insurersexemption; obama

1 posted on 10/17/2009 1:44:43 PM PDT by Steelfish
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To: Steelfish

..someday this clown is going to threaten the wrong group


2 posted on 10/17/2009 1:47:50 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Steelfish

he said, the industry is busy “figuring out how to avoid covering people.”

Mr.Obummer, that is the nature of a capitolist enterprize,
forcing an industry to cover individuals at a loss is not.


3 posted on 10/17/2009 1:48:22 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Steelfish

“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus.”

America is sick of the Kenyan’s demonization of business.


4 posted on 10/17/2009 1:49:40 PM PDT by y6162 (uish..)
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To: Steelfish
That's what fascists do. Anyone surprised by this is an idiot.
5 posted on 10/17/2009 1:50:27 PM PDT by piytar (This tag deleted by the Ministry of Truth. Love Big Brother. Or else!)
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To: Steelfish

“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus.”

His subconscious is screaming to anyone who has ears that he’s talking about himself. He’s bogus.


6 posted on 10/17/2009 1:51:49 PM PDT by Smokeyblue
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To: Steelfish
Obama mounted a frontal assault on the insurance industry on Saturday, accusing it of using “deceptive and dishonest ads” ---------------------------- And I suppose Obama isn't deceptive and dishonest. LOL His entire agenda is deceptive and dishonest. Give me a break!!!!!!!
7 posted on 10/17/2009 1:57:34 PM PDT by Joan Kerrey (The bigger the government = The smaller the people)
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To: Steelfish

0bama=A Range of Mountains of bullshiit, built on an scattered ant hill of truth.


8 posted on 10/17/2009 2:01:21 PM PDT by papasmurf (RnVjayB5b3UsIDBiYW1hLCB5b3UgcGllY2Ugb2Ygc2hpdCBjb3dhcmQh)
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To: Steelfish

Anyone else notice how Barry is trying to look the part of dictator more and more as time goes by?

He’s starting to piss me off! }8^(


9 posted on 10/17/2009 2:04:04 PM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: Steelfish

Anyone else notice how Barry is trying to look the part of dictator more and more as time goes by?

He’s starting to piss me off! }8^(


10 posted on 10/17/2009 2:04:08 PM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: Steelfish
he said, the industry is busy “figuring out how to avoid covering people.”

That's funny, because Obama and the Dems in Congress are the ones trying to avoid covering people. Their plan calls on the states to pick up a huge chunk of the cost. And in order to "avoid" breaking Obama's promise of not adding a "penny" to the deficit, the Dems openly admit their plan will leave tens of millions without coverage.

Obama is the liar here. And he's the one with a plan that is worst than smoke and mirrors: it's smoke and mirrors with a price tag in the trillions, resulting in the destruction of our health system.... and maybe our entire economy.

11 posted on 10/17/2009 2:04:23 PM PDT by NotSoModerate (Obama's spin isn't ordinary, it's roller coaster ride after a few beers spin.)
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To: Steelfish
OMgosh.

Obama hates business and profit.

But he likes to steal money from people.

I think he is a pirate! And I think he would LIKE the puffy shirt!

12 posted on 10/17/2009 2:05:50 PM PDT by Yaelle
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To: Steelfish

Hope and change: The President now routinely “attacks” “threatens” “assaults” “condemns”. He’s making the lefties’ worst enemy, Richard Nixon, look like a piker.


13 posted on 10/17/2009 2:06:29 PM PDT by keepitreal ( Don't tread on me.)
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To: Doogle
I believe he has crossed that line....


14 posted on 10/17/2009 2:11:44 PM PDT by eyedigress
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To: Steelfish

“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus.

More projection from the kenyan POS!


15 posted on 10/17/2009 2:12:16 PM PDT by Canedawg (FUBO)
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To: Steelfish
...threatening to strip the industry of its longstanding exemption from federal antitrust laws.

Just yesterday I was reviewing case law summarires of the NFL's anti-trust exemption, and recall reading a decision from the high court in which it stated that it would be up to congress to remove an anti-trust exemption.

Of course, separation of powers means NOTHING to this treasonous POS wannabe dictator. It means about as much as a lock on a door means to his bruthas- the Acorn workers who want to steal stuff when they aren't registering dead people to vote.
16 posted on 10/17/2009 2:17:31 PM PDT by Canedawg (FUBO)
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To: Doogle

Since when has Obama’s talk been ‘unusually harsh’? It was all along.


17 posted on 10/17/2009 2:20:19 PM PDT by Freddd (CNN is not credible.)
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To: tet68

The Insurance companies may not mind being temporarily thrown under the bus..........they stand to make billions...as does the AARP.


18 posted on 10/17/2009 2:22:09 PM PDT by Freddd (CNN is not credible.)
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To: Freddd

What really gets me is all the idiots that thought he would be moderate. He is a loony lefty and thats it.


19 posted on 10/17/2009 2:23:57 PM PDT by eyedigress
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To: eyedigress
He is a loony lefty and thats it.

..commonly known RADICAL

20 posted on 10/17/2009 2:34:23 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: eyedigress
What really gets me is all the idiots that thought he would be moderate. He is a loony lefty and thats it.

They stood in some pretty long lines in my town to vote for him. Looks like the are going to have some pretty long lines to get their health care in the near future..

21 posted on 10/17/2009 2:47:16 PM PDT by EVO X
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To: Black Birch

Be sure and let them know drug screens are first and formost.


22 posted on 10/17/2009 2:51:16 PM PDT by eyedigress
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To: Doogle
The battle lines are already drawn ... insurance atty's vs. medical atty's.

Hovering around as spotters and witnesses are the criminal defense and corporate atty's.


Get'cher programs early .. y'can't tell the players without a progran.

23 posted on 10/17/2009 2:51:38 PM PDT by knarf
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To: Steelfish
"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.”

Kind'a like Mr. or Mrs. whomever that died on the operating table because the doc found out in the middle of a stitch that there was no coverage, eh Mr. zero?

24 posted on 10/17/2009 2:53:52 PM PDT by knarf
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To: Steelfish

The smoke and mirrors is the fraud sitting in OUR White House.


25 posted on 10/17/2009 2:55:48 PM PDT by jersey117
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To: knarf

TUTSI-FRUTSI...GET YOU PROGRAMS RIGHT HERE.......


26 posted on 10/17/2009 2:57:43 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Steelfish
We're gonna need a bigger bucket to clean up Barry's messes.

27 posted on 10/17/2009 3:03:18 PM PDT by SERKIT ("Blazing Saddles" explains it all.....)
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To: eyedigress
Be sure and let them know drug screens are first and formost.

I try my best to avoid them...

28 posted on 10/17/2009 3:09:48 PM PDT by EVO X
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To: Steelfish
Is anyone still surprised that the insurance, hospital, medical, pharmaceutical, and medical device industries all "cut" deals with this radical, fascist Administration and the Senate Finance Committee to minimize the expected, predictable amount of damage they could expect?

And, having bought their silence and "neutrality" thus far in the legislative and political process, is anyone a bit surprised that Obama the Kenyan Fascist Godfather and the Democrat leaders are now unilaterally reneging on material terms of those "deals" given that the legislation has passed key committee obstacles?

SUCKERS!!!

29 posted on 10/17/2009 3:21:37 PM PDT by JustTheTruth (Say "NO!" to Socialism in America!)
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To: Black Birch

Its just something I throw at the lefties. It freaks them out.


30 posted on 10/17/2009 3:24:54 PM PDT by eyedigress
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To: Steelfish
Wow! He almost sounds as tough as Reagan....Except Reagan was speaking to the evil empire and not to American industry...

No wonder Putin is building new preemptive-strike capabilities, pushing Eastern Europe around, looking (as invited) through our nuclear inventory, and arming half the countries in South America.

Tick...Tock...The groundwork is rapidly being established....

31 posted on 10/17/2009 3:49:57 PM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: Freddd
"Since when has Obama’s talk been ‘unusually harsh’? It was all along."

Only if you consider accusing doctors of performing unnecessary tonsillectomies for profit as "harsh".

32 posted on 10/17/2009 3:53:00 PM PDT by The Good Doctor (Democracy is the only system where you can vote for a tax that you can avoid the obligation to pay.)
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To: Steelfish

Whatever happened to Abuse of Power?


33 posted on 10/17/2009 3:56:02 PM PDT by eaglestar
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To: Steelfish

fubo


34 posted on 10/17/2009 4:07:21 PM PDT by smokingfrog (No man's life, liberty or property is safe while the legislature is in session. I AM JIM THOMPSON)
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To: JustTheTruth

We should call this 0bama’s “Operation Barbarossa.”


35 posted on 10/17/2009 4:24:31 PM PDT by smokingfrog (No man's life, liberty or property is safe while the legislature is in session. I AM JIM THOMPSON)
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To: Steelfish
...threatening to strip the industry of its longstanding exemption from federal antitrust laws...

Seems to me that he could not do this without congressional cooperation. And the industry has enough buck to either buy them off or destroy them if they cooperate.

36 posted on 10/17/2009 4:31:32 PM PDT by verity (Obama Lies)
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To: Steelfish
...threatening to strip the industry of its longstanding exemption from federal antitrust laws...

Seems to me that he could not do this without congressional cooperation. And the industry has enough buck to either buy them off or destroy them if they cooperate.

37 posted on 10/17/2009 4:31:56 PM PDT by verity (Obama Lies)
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To: Steelfish

Behold Obama the king of deception and dishonesty


38 posted on 10/17/2009 4:51:51 PM PDT by HiTech RedNeck (ACORN: Absolute Criminal Organization of Reprobate Nuisances)
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To: Steelfish

Wait a second here.. why does anyone think it is ok for the insurance industry to have an anti-trust exemption? What is the possible rationale?


39 posted on 10/17/2009 10:23:10 PM PDT by Ron Jeremy (sonic)
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To: Steelfish; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


40 posted on 10/17/2009 10:37:29 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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