Roman Around

combating liberalism and other childish notions

Posts Tagged ‘Insurance Companies’

WEINER GIBBERISH – A LIBERAL CLASSIC

Posted by Andrew Roman on February 25, 2010

Congressman Anthony Weiner

I live in New York, so I am well acquainted with the bellicose sniveling of Congressman Anthony Weiner. If ever there was a quintessential poster child for a New York Democrat, Mr. Weiner is it. To Weiner, the self-sufficient among us are involuntarily obligated to carry the load for everyone else through incentive-raping taxes and government-led smackdowns of free enterprise. Corporations, big businesses, wealthy people and, of course, conservatives are to blame for everything wrong in society and need to be roundly punished for whatever successes they’ve amassed. After all, achievement is largely a matter of luck, inheritance, and successful cheating, right? 

On the floor of the House of Representatives, pulling out his “corporations are evil” card, Weiner called Republicans a “wholly owned subsidiary” of the insurance companies. Granted, it wasn’t a particularly intelligent or original thought – he is a liberal’s liberal, after all –  but because he happens to be quite good at class warfare rhetoric, I thought it was worthy of mentioning.

After some objections, Weiner decided to revise his comments by being less general in his assertions, saying that every Republican he had ever met is wholly owned by the insurance companies.

Gee, that was better.

That Weiner and all Democrats are wholly owned by the teacher and labor unions is probably largely irrelevant.

That Weiner and the Democrats are wholly owned by enviro-fascists, pro-abortionists, the race-baiting left and the New York Times probably means nothing.

And despite the fact that the cost of a college education has gone through the stratosphere in recent years – and no one on the left seems to be  complaining about the out-of-control education industry – the fact that Weiner and the Democrats are wholly owned by big education probably  should be overlooked.

Just ignore the man behind the curtain. 

“Wholly owned by the insurance companies”? 

In what way? 

How exactly? 

What in the world in Weiner talking about? 

I honestly believe that liberals do not know what it is they’re actually saying. They’re like Slinkies. They just reflexively move along – alone or in pairs – until they can’t anymore. 

I know this is a difficult point for leftocrats to comprehend, but I’ll try to write in small letters …. Dems like Weiner can blame the Republicans all they like, but up until a short time ago, it was the Democrat Party that had super majorities on both houses of congress. They should have been able to pass through a peptic ulcer with that kind of power. They blew it – not the GOP.

That the Dems couldn’t get anything passed for President Obama’s salivating pen has nothing – repeat nothing – to do with Republican dissent.

Not a damn thing. 

Other than Republicans are on the right side of the issue, of course.

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NUMBER 35 WITH A BULLET

Posted by Andrew Roman on October 26, 2009

In July, on PBS’s News Hour, House Speaker Nancy Pelosi said:

I think there’s a lot of interest in taxing the insurance companies because people really do see across America. They know that (the insurance companies) have caused the problem we have with their anti-trust exemption … and the immoral profits. They’re making billions of dollars in profits while they’re cutting off benefits that they are entitled to.

Last week, Senate Majority leader, Harry Reid, said:

They are so anti-competitive. Why? Because they make more money than any other business in America today… What a sweet deal they have.

It’s a common theme from the Left.

Insurance companies are all about their disgustingly gross profits and are willing to see Americans drop dead and rot in the streets to preserve them. One could only deduce, listening to Democrats go on and on about the obscene money being pulled in by these insensitive corporate greed merchants, that the industry as a whole must be one of the most lucrative in America, if not the most lucrative. If anyone in the United States is swimming in profits, it has to be the fat cat insurance companies.

Democrats say so.

Well, it’s not even close.

In fact, insurance companies ranked an unimpressive 35th on the Fortune 500 list of most profitable American industries.

Calvin Woodward, from the Associated Press writes:

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. In the health care debate, Democrats and their allies have gone after insurance companies as rapacious profiteers making “immoral” and “obscene” returns while “the bodies pile up.”

Ledgers tell a different reality. Health insurance profit margins typically run about 6 percent, give or take a point or two. That’s anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones.

Profits barely exceeded 2 percent of revenues in the latest annual measure. This partly explains why the credit ratings of some of the largest insurers were downgraded to negative from stable heading into this year, as investors were warned of a stagnant if not shrinking market for private plans.

To be precise, insurance companies posted a 2.2% profit.

For those keeping score at home, that’s .6% less profitable than being a member of Congress, all of whom received an average 2.8% pay raise from last year.

And that includes Nancy Pelosi and Harry Reid.

Just out of curiosity … I wonder where Jesse Jackson’s shake-down/race-based extortion enterprise ranks this year?
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