Obama: “I Hate Insurance Companies; Let’s Give Them $336 Billion”

For a man who supposedly hates insurance companies, President Obama sure has a way of showing his disgust with them. Frankly, I wish President Obama would show his disgust for me in similar fashion. Here’s what ABC is reporting:

“(Health Insurers) will keep on doing this for as long as they can get away with it. This is no secret,” the president said. “They’re telling their investors this ‘We are in the money. We are going to keep on making big profits even though a lot of folks are going to be put under hardship,’” the President told supporters at a stop in Pennsylvania today.

HHS Secretary Kathleen Sebelius, meanwhile, wrote to insurance company executives demanding that they justify premium hikes.

Neither mentioned that the Senate health reform bill, which is the basis for Democrats’ last best chance at comprehensive reform, would give the insurance companies millions of new customers required by law to buy health insurance. It would also require insurers to cover everyone, regardless of age, gender or pre-existing condition.

To help pay for the new insurance requirements the government would give to people money to buy insurance, $336 billion over the next ten years. That money, ultimately, would have to go to…drum roll…insurance companies.

The American people have figured out that this is what passes for critical thinking on the Obama administration’s part. My first reaction to this post was “they ‘punish’ companies by making them more profitable? Please punish me like that. I’d settle for not getting that harsh of punishment.”

It isn’t difficult to fiure out why the insurance companies haven’t launched a full-scale ad campaign against Obamacare. They’re probably thinking of this Br’er Rabbit line:

“Please don’t throw me in the briar patch.”

President Obama’s grandiose rhetoric isn’t matched by real action. In fact, more often than not, his actions more closely match what he says he’s opposed to. The American people have figured that out, which is why his popularity has dropped so dramatically. We’re reaching a point where President Obama’s credibility is suffering.

“But The New Tax Credit [For Health Insurance] He’s Proposing? That Wouldn’t Go To You. It Would Go Directly To Your Insurance Company, Not Your Bank Account,” said Obama in October on the Campaign trail.

And yet that’s exactly what Democrats’ proposal would do and why so many would prefer public insurance option to compete with the private market. Supporting the Senate bill will be tough for many liberal Democrats in the House.

President Obama will say anything to get his health care legislation passed. America knows that. That’s why Republicans are prepared to run on the health care issue:

The Texas senator said Republican candidates would be asking voters, “Are your health care costs lower?” “And I think the answer to that would be, no, they’re not,” said Cornyn, answering his own question in a briefing with reporters. Asked if Republicans would be running on repeal of the legislation if it survives, he replied, “If the bill passes, I think that’s surely one of the things that we’ll run on.”

This is a winning issue for Republicans. People hate the Democrats’ health care legislation. If Scott Brown can win in Massachusetts running by touting himself as the final nail in the Democrats’ health care coffin, think of how potent that position will be in Colorado, New York, Pennsylvania and Arkansas.

Last year, President Obama made a decision that health care was the hill that Democrats were willing to die on. This November, that’s precisely what will happen. Republicans will take the Democrats up on that opportunity.

President Obama’s doublespeak, with assistance from willing Democrats, will be their electoral undoing.

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Cross-posted at LetFreedomRingBlog

One Response to “Obama: “I Hate Insurance Companies; Let’s Give Them $336 Billion””

  1. USN Ret. Says:

    We are going to keep on making big profits even though a lot of folks are going to be put under hardship,’”

    Thats a bald faced lie and he knows it. The insurance industry rates 35th in profit margins. Really pisses me off the way politicians always rag about profits everytime they want to demonize the (fill the blank) industry.
    FILTHY ROTTEN LIARS!

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