First - thanks for your posts. The chicken littles were getting out of hand. No I understand that the bill will essentially regulate insurance companies out of the healthcare business. It will harm care, harm doctors and other companies in the health industry.
Obama has been promising more business to the drug companies and special side deals but there is nothing positive for anyone in the industry.
I think the point I was trying to make dovetails with what you said about things going on in the background. These comapnies and their lobbyists are not going to take this lying down. Ditto for doctors.
I would bet a lot of companies in CT are going to make sure Dodd gets bounced in 2010. Liberman is not going to cross Aetna in CT. He is too smart for that. A few drug companies and Cigna in PA will remember Specter’s vote in 2010.
Other Dems that are more moderate in redder states? I would guess a lot of doctors and other people in the industry will be doing everything they can to get Lincoln, Nelson, fat Mary in LA and others fired in 2010 if thos comes close to passing.
Thanks again for your posts.
Here is Intrade
Up slightly to $4.0 but the trend is clearly down - in a BIG way. People will say big deal but futures markets and bookies are a big deal.
The bet is whether it gets passed by the end of the year. My feeling is if it does not get passed by Dec. 31, 2008 then it is dead. No way they will touch it in Jan 2010. Unemployment benefits for many people will be up by then. It will not be a pretty time.