These jerks cut their own throats and they just don’t know it, yet. Lay with dogs and you get fleas, play with snakes and you get bit.
The supporters of this bill have no idea of what it is going to do, they just think they now will get free health care, and will now just go back to watching American Idol, happy in that knowledge.
They’re in for a rude awakening.
Without the market dynamic any more, why should they give us anything new?
yup meds are going to go sky high and so will hospital costs
AARP loves O-care too. Take the money you would spend on AARP, save it, and then you will have a fund ready if you need hospitalization.
How heavily are Dems invested in health care related stocks?
If he doesn't stay in power, the conservatives replacing him ought to be sure they pay a price for their evil coalition with him.
laugh while you can, boys....the looters are coming back for price controls and reimportation sooner than you think
“PhRMA chief Billy Tauzin, who was vilified by Obama on the campaign trail, worked out much of this sweetheart deal in a West Wing meeting with White House Chief of Staff Rahm Emanuel. Tauzin visited the White House at least 11 times. He left his imprint so deeply on the current bill that it should probably be called BillyCare rather than ObamaCare.
Recall that pharmaceutical executives and political action committees dug deep trying to save the flailing candidacy of Democrat Martha Coakley in Massachusetts — a race that was explicitly a referendum on health care. She took in more than 10 times as much drug company cash as Republican Scott Brown.
This week, PhRMA, through a front group called Americans for Stable Quality Care, is rolling out millions of dollars in advertisements for the Democrats’ jury-rigged package consisting of the BillyCare bill and some as-yet-undetermined “budget reconciliation” measure. The ads reportedly will target wavering Democrats.
But supporters of BillyCare will continue to attack opponents as shills for insurance companies, demonizing, as Obama puts it, “those who profit from the status quo.”
Let’s look at those profits. Drug makers’ combined profit margin last year was 22.2 percent, compared with insurers’ 4.4 percent. Drug maker Merck’s net income, $12.9 billion, exceeds that of the 10 largest insurers combined”
The insurance companies have been demonized for the past decade or more. My impression in personal dealings are that the big drivers on the runaway cost side are the drug companies and hospitals themselves due to an environment manufactured in Washington. The insurance companies are operating in a very difficult environment.