Obamacare: It’s About Enriching Bankers, Insurance Companies and Wall Street

[Guest guest]

There are two or three short youtube vids (of actual News broadcasts and interviews) on the link.

http://www.infowars.com/obamacare-its-about-enriching-bankers-and-wall-street/

 

 

Obamacare: It’s About Enriching Bankers and Wall Street

 

Kurt Nimmo

 

March 20, 2010

In an effort to push through his totalitarian care bill, Obama

promised the sky. One such promise was that he would give federal

authorities the power to block unreasonable rate hikes. Just like the

promise to put negotiations on C-SPAN, the promise to check rate hikes

evaporated.

President Barack Obama would give federal authorities the power to

block unreasonable rate hikes,†reports the Associated Press. “Yet when Democrats unveiled the

final, incarnation of their health care bill this week, the proposal

was nowhere to be found.â€

 

Former Democratic National Committee Chairman

Howard Dean says Obamacare was written by Insurance corporations.

Makes sense, considering the fact

Obama’s health care “reform†was crafted at the behest of large

insurance corporations. “This is a very good bill for insurance

companies and pharmaceutical companies,†said Rep. Stephen Lynch, a Democrat, on Thursday. “The

insurers still rule,†Lynch added. “Were just pumping subsidies into

the current system, but that won’t drive down costs.â€

In December, Howard Dean, the former Democratic National

Committee Chairman, said the legislation before Congress “is a bigger

bailout for the insurance industry than AIG.†Dean characterized it as

“an insurance company’s dream.â€

Before boarding Air Force One earlier in

the week, one-time maverick congressman Dennis Kucinich characterized the bill as “a

bailout for insurance companies.†Prior to subjecting himself to

Obama’s voodoo — or threats, nobody knows really — Kucinich said

Obamacare was designed for Wall Street banksters.

 

Rep. Dennis

Kucinich told the truth about Obamacare in October before he sold his

principles down the river.

“Maybe what we’re looking at here is another way that Wall Street’s

speculative engine can be fueled, this time with the help of the

premiums of tens of millions of Americans,†he said.

“There is no government of the people, for the people, by the

people, only the rule of private interests,†writes Paul

Craig Roberts. “The Wall Street investment banks, which created

with the compliance of the regulatory authorities and the credit rating

agencies, ‘toxic’ instruments that were sold world wide, thus

destroying the prospects of people in many countries, are devoid of

integrity and honor. Their only god is greed. And they control the US

government, which is too dependent on campaign contributions to restore

regulation.â€

Roberts warns this predatory activity will continue with Obamacare.

Obama likes to fly around the country and say he will sock it to the

insurance companies, but this is simply empty rhetoric. Obamacare will

enrich and expand the power of large insurance corporations. “If a

government healthcare plan materializes, it might actually generate

more work for insurance companies. A new government program would

probably subcontract much of its administrative work to existing

insurance companies — which is what Medicare does,†writes Rick Newman for U.S. News & World Report.

Do insurance companies hate Obamacare as Democrats insist? Not at

all. This bill is

almost identical to the plan written by AHIP, the insurance company

trade association, in 2009. The original Senate Finance Committee bill

was authored by a former Wellpoint VP. Since Congress released the

first of its health care bills on October 30, 2009, health care stocks

have risen 28.35%.

In addition to increasing the power of insurance companies, the

“socialization†of health care will provide a boost to the Wall Street

casino, otherwise known as the stock market, Newman argues.

Discount the fallacious rhetoric of Obama and the Democrats.

Obamacare is about profit for large corporations, not the health of the

American people.

Back in the 1980s, HMOs were billed as non-profits designed to

provide less expensive care. It was all smoke and mirrors.

“Ten percent of all HMO members are in Aetna’s U.S. Healthcare HMO

alone,†writes Jeremy Brecher. “They have been joined by chains

of for-profit hospitals like HCA Healthgroup, which owned 300 hospitals

by 2001. The stock of these corporations is avidly traded on Wall

Street. Their success is measured not by the health of their members,

but by the profits they can provide to their investors.â€

Howard Dean and Dennis Kucinich told the truth about corporate and

Wall Street dominated health care because they want a government-run

socialized health care system that excludes large for-profit

corporations.

Obamacare also aids the banksters in their plan to bankrupt the

United States and turn it into yet another third world cesspool mired

in staggering debt. “Look for an even tenser decade ahead, made tenser

still by any added costs of Barack Obama’s vast new social welfare

program,†writes the neocon David Frum.

Frum is right, of course — and a hypocrite. His former boss, George

Bush the Lesser, was led around by the nose by a gaggle of warmongering

neocon ideologues. He cranked up the national debt by more than $4 trillion. In addition to funding

social programs like Medicare and Social Security Republicans claim to

hate — but continue to fund — a lot of the money went to funding

military expansion and wars against manufactured enemies.

Democrats, Republicans, neocons, neolibs — they all work for the

bankers. All the highfalutin rhetoric they continually espouse is

nothing more than hot air on the road to serfdom.

[Guest guest]

This is just the next example of corporate appeasement coming out of Washington. If the insurance and drug companies did not already have what they wanted they would not have been paying for ads to support it last summer.Lynda Brasier <susoniAll my contacts <SusoniThu, March 25, 2010 6:52:31

AM Obamacare: It’s About Enriching Bankers, Insurance Companies and Wall Street

 

 

There are two or three short youtube vids (of actual News broadcasts and interviews) on the link.

http://www.infowars.com/obamacare-its-about-enriching-bankers-and-wall-street/

 

 

Obamacare: It’s About Enriching Bankers and Wall Street

 

Kurt Nimmo

 

March 20, 2010

In an effort to push through his totalitarian care bill, Obama

promised the sky. One such promise was that he would give federal

authorities the power to block unreasonable rate hikes. Just like the

promise to put negotiations on C-SPAN, the promise to check rate hikes

evaporated.

President Barack Obama would give federal authorities the power to

block unreasonable rate hikes,� reports the Associated Press. “Yet when Democrats unveiled the

final, incarnation of their health care bill this week, the proposal

was nowhere to be found.�

 

Former Democratic National Committee Chairman

Howard Dean says Obamacare was written by Insurance corporations.

Makes sense, considering the fact

Obama’s health care “reform� was crafted at the behest of large

insurance corporations. “This is a very good bill for insurance

companies and pharmaceutical companies,� said Rep. Stephen Lynch, a Democrat, on Thursday. “The

insurers still rule,� Lynch added. “Were just pumping subsidies into

the current system, but that won’t drive down costs.�

In December, Howard Dean, the former Democratic National

Committee Chairman, said the legislation before Congress “is a bigger

bailout for the insurance industry than AIG.� Dean characterized it as

“an insurance company’s dream.�

Before boarding Air Force One earlier in

the week, one-time maverick congressman Dennis Kucinich characterized the bill as “a

bailout for insurance companies.� Prior to subjecting himself to

Obama’s voodoo  or threats, nobody knows really  Kucinich said

Obamacare was designed for Wall Street banksters.

 

Rep. Dennis

Kucinich told the truth about Obamacare in October before he sold his

principles down the river.

“Maybe what we’re looking at here is another way that Wall Street’s

speculative engine can be fueled, this time with the help of the

premiums of tens of millions of Americans,� he said.

“There is no government of the people, for the people, by the

people, only the rule of private interests,� writes Paul

Craig Roberts. “The Wall Street investment banks, which created

with the compliance of the regulatory authorities and the credit rating

agencies, ‘toxic’ instruments that were sold world wide, thus

destroying the prospects of people in many countries, are devoid of

integrity and honor. Their only god is greed. And they control the US

government, which is too dependent on campaign contributions to restore

regulation.�

Roberts warns this predatory activity will continue with Obamacare.

Obama likes to fly around the country and say he will sock it to the

insurance companies, but this is simply empty rhetoric. Obamacare will

enrich and expand the power of large insurance corporations. “If a

government healthcare plan materializes, it might actually generate

more work for insurance companies. A new government program would

probably subcontract much of its administrative work to existing

insurance companies  which is what Medicare does,� writes Rick Newman for U.S. News & World Report.

Do insurance companies hate Obamacare as Democrats insist? Not at

all. This bill is

almost identical to the plan written by AHIP, the insurance company

trade association, in 2009. The original Senate Finance Committee bill

was authored by a former Wellpoint VP. Since Congress released the

first of its health care bills on October 30, 2009, health care stocks

have risen 28.35%.

In addition to increasing the power of insurance companies, the

“socialization� of health care will provide a boost to the Wall Street

casino, otherwise known as the stock market, Newman argues.

Discount the fallacious rhetoric of Obama and the Democrats.

Obamacare is about profit for large corporations, not the health of the

American people.

Back in the 1980s, HMOs were billed as non-profits designed to

provide less expensive care. It was all smoke and mirrors.

“Ten percent of all HMO members are in Aetna’s U.S. Healthcare HMO

alone,� writes Jeremy Brecher. “They have been joined by chains

of for-profit hospitals like HCA Healthgroup, which owned 300 hospitals

by 2001. The stock of these corporations is avidly traded on Wall

Street. Their success is measured not by the health of their members,

but by the profits they can provide to their investors.�

Howard Dean and Dennis Kucinich told the truth about corporate and

Wall Street dominated health care because they want a government-run

socialized health care system that excludes large for-profit

corporations.

Obamacare also aids the banksters in their plan to bankrupt the

United States and turn it into yet another third world cesspool mired

in staggering debt. “Look for an even tenser decade ahead, made tenser

still by any added costs of Barack Obama’s vast new social welfare

program,� writes the neocon David Frum.

Frum is right, of course  and a hypocrite. His former boss, George

Bush the Lesser, was led around by the nose by a gaggle of warmongering

neocon ideologues. He cranked up the national debt by more than $4 trillion. In addition to funding

social programs like Medicare and Social Security Republicans claim to

hate  but continue to fund  a lot of the money went to funding

military expansion and wars against manufactured enemies.

Democrats, Republicans, neocons, neolibs  they all work for the

bankers. All the highfalutin rhetoric they continually espouse is

nothing more than hot air on the road to serfdom.