http://news.yahoo.com/s/ap/201…..h_overhaul
By JULIE PACE, Associated Press Writer Julie Pace, Associated Press Writer –
48 mins ago
WASHINGTON – President Barack Obama ratcheted up his attacks against insurance companies Monday in a last-ditch attempt to get a reluctant public and skittish Democrats behind his health overhaul legislation.
Obama contended that insurers have calculated that they'll make more money by denying coverage to some and jacking up rates on others.
“And they will keep doing this for as long as they can get away with it,” Obama said in excerpts of a speech he will deliver later Monday in Philadelphia. “So how much higher do premiums have to rise until we do something about it?”
Of all his lies this one is about as bad as it gets. Government won't do what it can to help by opening up what is supposed to be a free market there by creating the problem…so that they can come in and solve the problem by a socialist take over? This makes blood shoot out of my eyes:
Goldman Sachs, the investment bank, recently released a brief showing that lack of market competition makes it beneficial for insurers to drop customers or ignore new business and raise rates on remaining customers instead. Goldman's conclusions were based on a conference call with an industry expert at a major insurance broker.
This so called heath care reform is nothing more than a further attempt to userp the constitution and bring America completely to its knees in front of the supreme rulers… A forth grader can see and figure out this one…”yes yes yes we can….” um umm ummmm…
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