Well, when you threaten an industry with an additional $13 billion (at least) in taxes per year, implement a new health insurance government run “option” to “compete” that will undercut the price of current premiums, and then tax the living daylights out of many current private plans, what the hell do you expect?Obama’s threats are now completely mainstream and the media – and the people – don’t seem to want to complain.
They want single payer, they want all private insurance for health care to be illegal. If you don’t think that’s their end game, you’re blind.
U.S. President Barack Obama said on Thursday that the drop in the health insurance stocks this week was a sign the industry has become nervous that a healthcare reform bill may pass.
“This is when the insurance companies are really going to start gearing up,” Obama told a town-hall event in New Orleans. “Their stock went down when the Senate Finance Committee voted out that bill. Now they’re getting nervous and, by they way, they have been wildly profitable over the last decade.”
Health insurance company stock prices are in decline because investors do not want to play a game of chicken with the liberals who control the White House and Congress. They are moving their investments out of health insurance companies and into sectors not yet targeted by The One. It’s as simple as that.
Why don’t we take a look at the profit of the accident and health insurance companies during the last year? I’ve added the employee count for each of the companies, just so Obama knows how many jobs he’s targeting. If you work in the health insurance industry, look out… Click on the image to enlarge.
Profits are bad. If you make a profit and provide a service to the public you will be targeted for destruction.