“I’m very pleased that our Chair of our Democratic Congressional Campaign Committee and member of the leadership will be talking too about the immoral profits being made by the insurance industry"
"And Mr. Van Hollen, I thank you for pointing out, as you say, the obscene profits of the insurance companies and what that means in the lives of individuals."
"I think there's a lot of interest in taxing the insurance companies, because people really do see across America, they know that they have caused the problem that we have, with their antitrust exemption that they have and the immoral profits."
Nancy Pelosi July 30, 2009 - Full Text Here
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Quick quiz: What do these enterprises have in common? Farm and construction machinery, Tupperware, the railroads, Hershey sweets, Yum food brands and Yahoo?
Answer: They're all more profitable than the health insurance industry.
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Comments: 5
-- but I have real choices in other types of insurance
-- for example, most companies would not insure my home unless I signed a waiver because I have a Rottweiler. and that waiver said that they would not cover any animals
-- so if my pet rabbit ate the neighbor's prize orchids, that would not be covered because I have a Rottweiler?
-- but the Farmer's agent said that there was no problem with my dog, so long as I did not have any dog bite claims in the past three years
-- it pays to call around
-- on the other paw, I still have not found a health insurance policy that meets my needs
-- maybe if I get elected to Congress, I can get one of those Cadillac plans
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In America's continuing class and political war, whipping boys are needed. That is the insurance, utilities, fuel companies, and parts of the financial that are not yet under government control.