Why does it always seem to be the imbeciles that spend the most time lecturing us?...
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi on Thursday ramped up her criticism of insurance companies, accusing them of unethical behavior and working to kill a plan to create a new government-run health plan.
“It’s almost immoral what they are doing,” Pelosi said to reporters, referring to insurance companies. “Of course they’ve been immoral all along in how they have treated the people that they insure,” she said, adding, “They are the villains. They have been part of the problem in a major way. They are doing everything in their power to stop a public option from happening.”
B.S. Report–Is this woman insane? Insurance companies are businesses–and very difficult businesses at that. Unlike government, insurance companies must have some standards. Yes, there is a moral component to insurance but they can’t just simply insure everyone and pay off any claims that are made or they’ll quickly be bankrupt. Claims are paid by the premiums collected.
Pelosi talks as if insurance companies are like her and her congressional cohorts, and can simply spend however much money they want–and then steal more or print up more as they need it. And excuse me if I reach for a “barf bag” when Nancy Pelosi accuses others of unethical behavior or of acting “villainous.”
This is a typical response from someone who just doesn’t believe in a free market economy. Just blame the insurance companies rather than accepting the fact that most Americans do not want to have the government provide their healthcare. By the way, most insurance companies make about 5 to 6% in profit each year, and pay about 5% of their revenue in taxes. That doesn’t sound immoral to me…