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 ...
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..
Be sure and let them know drug screens are first and formost.
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.
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?
The smoke and mirrors is the fraud sitting in OUR White House.
TUTSI-FRUTSI...GET YOU PROGRAMS RIGHT HERE.......
I try my best to avoid them...
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!!!
Its just something I throw at the lefties. It freaks them out.
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....
Only if you consider accusing doctors of performing unnecessary tonsillectomies for profit as "harsh".
Whatever happened to Abuse of Power?
fubo
We should call this 0bama’s “Operation Barbarossa.”
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.
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.
Behold Obama the king of deception and dishonesty
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?
The list, ping
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