President Obama in no uncertain terms called out the insurance industry for the deceptive and dishonest hacks that they are today. It is a thing of beauty.
President Obama mounted a frontal assault on the insurance industry on Saturday, accusing it of airing “deceptive and dishonest ads” to derail his health care legislation and threatening to strip the industry of its longstanding exemption from federal anti-trust laws.
That is only the beginning of the hurt the President layed on insurance companies and their lobbyists. IT IS ON, people, and President Obama isn't beating around the bush in his smackdown of these leeches!
In unusually harsh terms, Mr. Obama cast insurance companies as obstacles to change interested only in preserving their own “profits and bonuses” and willing to “bend the truth or break it” to stop his drive to remake the nation’s health care system. The president used his weekly radio and Internet address to push back against industry assertions that legislation will drive up premiums.
“It’s smoke and mirrors,” Mr. Obama said. “It’s bogus. And it’s all too familiar. Every time we get close to passing reform, the insurance companies produce these phony studies as a prescription and say, ‘Take one of these, and call us in a decade.’ Well, not this time.”
Rather than trying to curb costs and help patients, he said the industry is busy “figuring out how to avoid covering people. And they’re earning these profits and bonuses while enjoying a privileged exemption from our anti-trust laws, a matter that Congress is rightfully reviewing.”
Smoke and mirrors, indeed Sir! At this moment, there is some serious quaking in their boots going on in InsuranceLand. It's about damned time.
Props to President Obama for truth telling and taking the bull by the horns. The American people need to know what's really going down in this fight instead of the usual corporate and Republican spin that changes the subject with lies and obsfucation.
For your viewing pleasure:
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