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Insurance firms big winners in health care bill
San Francisco Chronicle ^ | 12/20/9 | Willie Brown

Posted on 12/20/2009 10:28:54 AM PST by SmithL

I got a call from Massachusetts Sen. John Kerry the other day. From the sound of things, the Senate clearly intends to take its holiday break Wednesday, no matter what.

If so, President Obama is going have a tough time making his Christmas deadline for a health care reform bill to win Senate approval.

At this point, it looks like the biggest winners when a bill finally does pass are going to be the insurance companies.

They'll be getting millions of new customers - at government expense.

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


TOPICS: Editorial; Government; Politics/Elections
KEYWORDS: hellthcarefromhell; helthcare; military; obama; obamacare; otherpeoplesmoney; willieworld; yourtaxdollarsatwork
They'll be getting millions of new customers - at government expense.
That would be at taxPAYER expense, but Willie belongs to the party that thinks government owns all the money anyways.
1 posted on 12/20/2009 10:28:55 AM PST by SmithL
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To: SmithL

>>at government expense.

My tagline says it all.


2 posted on 12/20/2009 10:33:30 AM PST by Bryanw92 (Imagine a day when the politicians have to hold a bake sale to pay for votes!)
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To: SmithL

Sen. Lindsey Graham (R-S.C.), using exceptionally heated language, called the health care bill on Sunday “seedy Chicago politics,” “backroom deals that amount to bribes,” “Enron accounting,” “the worst of Washington,” “phony,” and a “sham,” adding that Obama’s campaign slogan of “change you can believe in, after this health care bill debacle is now becoming an empty slogan.”

Asked it the Senate bill was a done deal, Graham, appearing on CNN’s State of the Union, replied:

“This is far from over

http://www.politico.com/blogs/politicolive/1209/Graham_slams_health_care_process.html


3 posted on 12/20/2009 10:34:14 AM PST by FromLori (FromLori)
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To: SmithL

DITTO:

They’ll be getting millions of new customers - at TAX PAYERS expense.


4 posted on 12/20/2009 10:38:21 AM PST by dragnet2
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To: SmithL
That government is best which governs least. -- Thomas Paine
5 posted on 12/20/2009 10:38:21 AM PST by McGruff (We're Going Rogue Baby!)
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To: FromLori

So what’s senator girly man from the jasmine state gonna do about it? I’m hearing a lot of “outrage” in the body politic. Almost enough outrage to issue a UN sanction.


6 posted on 12/20/2009 10:38:24 AM PST by blackdog
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To: SmithL

where’s captain obvious, in the shower?


7 posted on 12/20/2009 10:39:30 AM PST by the invisib1e hand (free enterprise (the first word is a verb))
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To: blackdog

Good point and little I suppose we can do about it either even though public opinion is over whelming against this I suppose all we can do is vote them out.

When liberal dreams collide with public opinion

http://www.washingtonexaminer.com/politics/When-liberal-dreams-collide-with-public-opinion-79690312.html


8 posted on 12/20/2009 10:41:54 AM PST by FromLori (FromLori)
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To: SmithL

I also seem to remember that a “cap” on insurance company profits is included. That language can also mean a profit guarantee, despite operating expenses. I think 8% was the figure brokered.


9 posted on 12/20/2009 10:43:57 AM PST by blackdog
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To: FromLori

Civil uprise of either violent or peaceful means will result in a declared state of emergency, where a police state will become irrevocable. BTW, look for federal, state, and local gubmint employees to be exempt from paying into this mess. Their few pieces of silver to gain a predictable trigger finger.


10 posted on 12/20/2009 10:47:24 AM PST by blackdog
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To: blackdog

The government won’t be able to hold things together. The nature of the right is very different from that of the left.

When the left threatens to boycott X or not follow a particular law, they almost never stick to their threats, and it is always a feeble number that actually do. Leftists only engage in such actions because of the feelings that it generates.

The right, on the other hand, believes in immutable principles. Principles do not change because of one’s mood on a particular day.


11 posted on 12/20/2009 11:01:06 AM PST by oblomov (I am against slavery simply because I dislike slaves. - H.L. Mencken)
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To: oblomov
I hate to tell you this, but the BHO administration wants us to sign on to the China one child rule to curb global warming. Killing off the opposition party populace is merely a means of retroactive achievement of goals to save humanity.

I'm not so sure many of us really know what group-think combined with a Saul Alinsky philosophy leaning modern political machine is capable doing for your own good.

12 posted on 12/20/2009 11:07:10 AM PST by blackdog
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To: FromLori

http://www.examiner.com/x-3704-Columbia-Conservative-Examiner~y2009m12d19-Healthcare-bribeswho-are-these-people-anyway


13 posted on 12/20/2009 11:20:28 AM PST by FromLori (FromLori)
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To: SmithL

++++ it looks like the biggest winners when a bill finally does pass are going to be the insurance companies ++++

The “plan” all along. Wonder what Pelosi and the gang was so worried about when they emerged from the behind doors meeting with Paulson in 08 ? How about all their pension and federal pensions investments invested in insurance bank bonds at the time (along with state pension funds)?

These were/are by regulation AAA rated bonds correct?, and their investment in bank bonds “suddenly realized” worth maybe nothing if truly called on (MBS banking crash etc.,)
I believe at the time property and causualty were in roughly 60% bonds, H.C. close to 40%. The golden calf.


14 posted on 12/20/2009 11:21:03 AM PST by Varsity Flight
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To: Varsity Flight

“The “plan” all along.”

True. But I doubt there is any good conclusion other than most “conservatives” here support fascism. It sounds good to them, private industry-government “partnership.”

The plan was always to fake out the “left” with a vague publicky somethingorothertalk, which worked. I do not know how successful they could have known it would be on faux-conservatives who obsessed on the “public option.” On some level I think they knew what this was all about truly, and out of some shame they focused all energy on the public option.

Plus the media reporting was terribly naive. Even National Review went nuts on the public option fake-out.


15 posted on 12/20/2009 11:35:43 AM PST by Shermy
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To: SmithL

The insurance companies will not be so happy when sick kids (later adults) forced upon them while well folks choose to pay the fine rather than pay for health care. Oh, wait, they will simply raise their rates to all policy holders.

Willie column seems pretty entertaining, I’ll give him that.


16 posted on 12/20/2009 1:03:25 PM PST by Mike Darancette (Copenhagen Climate Summit; Shovel Ready)
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To: SmithL
They'll be getting millions of new customers - at government expense.

They are getting millions of new customers due to Government power.

17 posted on 12/20/2009 3:05:15 PM PST by fortheDeclaration ("Our constitution was made only for a moral and religious people".-John Adams)
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To: SmithL
when a bill finally does pass are going to be the insurance companies.

Not in the long run b/c there will be a public option eventually and then insurance companies will be "competed" out....can't compete with government and win. Oh and that will be at the taxpayers expense also. The real root cause of all this socialism is the income tax....letting government into our pockets and paychecks via withholding was the dumbest thing the voters in this country ever allowed. The income tax and the IRS is their power source.
18 posted on 12/20/2009 7:51:35 PM PST by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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To: SmithL
But wait just last week Dear Leader assured us that the evil insurance companies will be corralled and put in their place!!!
19 posted on 12/20/2009 7:52:49 PM PST by mad_as_he$$ (usff.com)
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