Obama to Private Sector: Screw you
Friday, June 4th, 2010Yesterday I spent too much of my time sifting through blogs and reading the whining nonsense of leftist journalists, so I decided to check out our taxpayer funded, bipartisan blog, whitehouse.gov/blog, for some fact.
Instead, I found this bit of propaganda. http://www.whitehouse.gov/blog/2009/11/14/news-flash-insurance-companies-will-profit-if-status-quo-continues
Here are a few interesting tidbits from the site:
It first accuses the “insurance lobby” (I believe the administration includes Tea Parties in this lobby) of “releasing alarmist reports” about the “draconian health care premium increases” that the new health care legislation would bring about. I’m not sure the effect on insurance premiums the new legislation would have, but I do know that the Congressional Budget Office report http://www.cbo.gov/ftpdocs/107xx/doc10710/hr3962Dingell_mgr_amendment_update.pdf does not address it. So, the White House also does not know the effect on premiums.
It also claims that “insurance companies can profit from blocking down reform.” Of course they can! The legislation would implement a “public option” in health care which would create unbalanced competition eventually leading to the complete demise of the private insurance industry! In the words of Calvin Coolidge, “After all, the chief business of the American people is business. They are profoundly concerned with buying, selling, investing and prospering in the world.” Now the White House seeks to demonize business and profit in order to pass legislation intended to murder the private sector.
It gets better. The White House has obtained the statistics on insurance company profits from none other than its mistress, Goldman Sachs (one of the main receivers of taxpayer provided bailout money)! Why am I surprised?
The blog goes on to list key points in the legislation such as:
“Changing the way we handle hospitalizations, to prevent mistakes and to prevent unnecessary readmissions.”
“Creating incentives in the payment system to reward quality of care rather than just the quantity of procedures.”
“Putting prevention first, rewarding care that focuses on wellness and treating the whole patient in an integrated and coordinated delivery system.”
“Establishing a health insurance exchange with a public insurance option, where individuals and small businesses can buy lower-cost insurance that will spur competition and put downward pressure on costs”
Translation: We will tax you and control your life.
It adds:
“A fee on insurance companies offering high-premium plans — which would create a strong incentive for more efficient plans that would help reduce the growth of premiums.”
Dear private sector: You are screwed.
