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 ...
..someday this clown is going to threaten the wrong group
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.
“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus.”
America is sick of the Kenyan’s demonization of business.
“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.
0bama=A Range of Mountains of bullshiit, built on an scattered ant hill of truth.
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^(
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^(
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.
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!
Hope and change: The President now routinely “attacks” “threatens” “assaults” “condemns”. He’s making the lefties’ worst enemy, Richard Nixon, look like a piker.
“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus.
More projection from the kenyan POS!
Since when has Obama’s talk been ‘unusually harsh’? It was all along.
The Insurance companies may not mind being temporarily thrown under the bus..........they stand to make billions...as does the AARP.
What really gets me is all the idiots that thought he would be moderate. He is a loony lefty and thats it.
..commonly known RADICAL
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