It was announced in the AP that the insurance industry lobbyists, who were key players in Washington over the summer in closed door meetings with Barack Obama and the Senate Finance Committee with respect to Obama’s health care deform measures that have been progressively coming off the Hill, that the new revisions dropping the amount of penalties for Americans not carrying insurance coverage would result in higher costs (in the thousands in some respects) for other Americans for their existing coverage.
It appears that terrorism upon the United States public at this point isn’t simply restricted to Middle Eastern sects, but politicans and corporate lobbyists as their standard operating procedures in order to forment more and more unconstitutional legislation and violations.
Such as Cap & Trade.
Now we have the health care insurance industry terrorists flooding the media waves.
I have news for those corporate lawyers who represented those industries (who are not lawyers at all, since if they were they would see the entire unconstitutional focus of this legislation for what it is), fining Americans ANY amount for lack of coverage is unconstitutional and a "taking" of American’s property without their consent for a "product," and a privilege and immunity given to their industry at the cost of the citizenry in general.
Especially since most of those citizens have been funding catastrophic care coverage at the state levels already for literally decades.
And also due to the fact that in those figures that the industry uses, they are also factoring in huge profit margins for their corporate shareholders at the public’s expense, and also their diversified portfolios which transfer much of those premiums into some of their riskier investments, such as real estate at the present time, invested in much of the West and Southwest and other areas of the country.
Where many of those insurers are also based who have seen some of those profits dwindle due to the home foreclosure and mortage scams of their also financial branches and arms, the banking industy in which they are also heavily invested.
Just where are these "projections" coming from?
And there lies the rub. The health insurace industry can use such maneuvers because there is absolutly no regulation or accountability of those huge mega national and now global concerns to their rate-payers, from which they do get the bulk of their profits. Not their shareholders. Their rate-payers.
To do their jobs, this is where Washington should be placing its focus. Regulation of those industries. Not affording them, with the now government press agency, the AP, to threaten and terrorize Americans through the media in order to continue their spins and propaganda and thus also create these factions of those that are insured at the present time, against those that are and have been unable to afford their high priced policies for literally decades due to the lack of regulation and accountabilty of them.
Or who ended up using their services, but became increasingly dissatisfied with their products.
Since many of those that are not covered prefer to remain self-insured and not have to deal with the bureaucracy and red tape and hassles in making a claim. Not to mention those that object on religious grounds still to invasive medical procedures being fined if they do not meet the criteria and "approved" standards of any Washington based edicts for their coverage. Such as the Christian Scientists have against many medical treatments.
It is not Washington’s job to guarantee the insurers bottom lines, but as a corporate financial industry and product, allow also those that are not living up to those policies which have been sold, to be removed from the market place and fail.
Which is not what occurred with AIG, and much of their failure also had to do with spins, since while the American branch of that huge global health insurer may have been struggling, it was struggling due to the bad business practices of their London Mayfair office from all accounts.
Which was heavily invested in high risk ventures with much of those British policy holder premiums, which is rather strange since Great Britian has a socialized health care system.
So just what type of policies was AIG selling in Great Britain to begin with that caused their eventual financial meltdown?
As has been the case from the outset, it appears that the entire focus of Washington with respect to true health care reform could use a 180 turn in rather than listening and seeking the advice and consulting with the "stakeholders" (i.e., predators on the American public), it should be instead holding those unregulated huge national and global sharks to the fire in explaining just why, after all the years of the bull markets in this country, it is now hiking rates for their policyholders, rather than reducing them.
And maybe due to that huge AIG bailout for the British that the American public is now being forced to eat, and in which Timothy Geithner recently stated that it has been difficult to track just where most of those billions have gone other than 60 billion now to other foreign banks and interests (leaving well over 100 billion still unaccounted for), they could pay off that debt by providing free coverage to all Americans for the next twenty years in safisfaction.