When President Obama pontificates:
Well, let me tell you something. The insurance industry is not starting over. They just announced a 39 percent rate increase in California and a rate increase of up to 60 percent right across the border in my home state of Illinois — 60 percent in one year. That’s the future. That’s the future if we fail to act.
And by the way, I donÂ’t recall any of these Republicans trying to do anything about insurance companiesÂ’ abuses during all the years they were in charge.
There is nothing TO recall since the GOP didn't "do" anything "about" that. NOR SHOULD THEY HAVE.
Speaking of which, WHAT "abuses" Mr. President?
Exactly WHO THE **** does this President think he's fooling (other than willing tools like Chris)?
To "do" something about that alleged "problem," the Government would have to have some legitimate claim of authority in that field. And they don't have any such authority. Nor should they.
Yes, Mr. President. "Those" (evil) insurance companies DO offer policies that DO exclude pre-existing conditions. What ******* possible economic sense is there in INCLUDING pre-existing conditions which WILL (without any of the uncertainty that is involved in normal coverage) absolutely require that the company PAY future (probably frequent and expensive) CLAIMS?
In case you STILL haven't figured it out, Mr. President, your tired liberal rhetoric was stupid when it first got used and it hasn't improved with age. In reality, the insurance companies are NOT "evil." And when they DO incur massive additional costs (like paying heavy claims for medical care), they don't print the money. They aren't YOU. They have to PASS ALONG THE COSTS. They have to. It's completely unavoidable.
That translates into the REST of the policy holders having to pay a LOT more for their insurance coverage. At some point, policy holders will be forced to choose between such insignificant options as food, shelter and clothing on the one hand and insurance coverage on the other hand. YOu CAN drive insurance companies out of business, but you cannot, as President, compel them to provide additional coverage without making the costs to all of us massively more expnsive or forcing people to opt out of being covered.
For God's sake, Mr. President. Buy a damn clue. Stay the hell OUT of our business. This is partly WHY we CHOSE to have a Federal Government of limited and enumerated powers. You guys aren't all that good at what you do. Stay the hell out of OUR business and try to handle the matters properly left to YOUR purview better.