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home : opinion July 29, 2010

10/30/2009 11:45:00 AM Email this articlePrint this article 
Health insurance misinformation

Editor, News Journal:

Recently the peddlers of Obamacare treated us to another letter citing the discredited study that claimed 45,000 Americans died for lack of health insurance. It’s balderdash. John C. Goodman, president of the National Center for Policy Analysis, politely dubbed it as “flawed,” according to The Washington Times. Steve Milloy of Junk Science.com destroyed it as a typical junk science study.

Now we see Senators Reid and Kerry and Speaker Pelosi attacking the insurance industry for their “obscene” and “immoral” profits and how they have the largest profits in the country. Fact is, according to Fortune 500, where it comes to profit-taking the insurance industry is rated at 35th in the country — well behind Heinz Ketchup, which ironically keeps Senator Kerry in the lifestyle to which he has become accustomed. Heinz has a gross profit margin of 35.8 percent. The average profit margin in the insurance industry last year was 2.2 percent. In fact, the average is much lower than what Speaker Pelosi’s cannery in American Samoa makes. I am sure you all remember the cannery she exempted from the minimum wage hike awhile back. Perhaps these folks in glass houses should not throw stones.

CNS news recently asked, “Madam Speaker, where specifically does the Constitution grant Congress the authority to enact an individual health insurance mandate?” Pelosi answered, “Are you serious? Are you serious?” Shocking she could not muster a better response. Really, you would expect her to have known at some point someone would ask, as nothing in the U.S. Constitution allows what the Democrats want to do to us.

Why is it the Democrats keep trying to sell this plan with lies? How about trying the truth. Or is it, as I suspect, when exposed to the truth this plan has no merits to stand on?

TIM INWOOD

Wilmington





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