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Archive for December 20th, 2009

Government Health Care: Insurance Company Stock Prices Says It All

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Op Ed News – December 20, 2009

The other day, Dylan Rattigan on MSNBC was giving Rep. Wassersman-Schulz (D-Fl) a hard time about the health care package. He disputed her contention the bill was a big win for consumers. He wanted to know why the stock prices for Big Insurers (Aetna, Cigna, Wellpoint, United Health) shot up if this was such a big loss for them.

Unfortunately, he was so exercised on the point, he didn’t give his guest a chance to address the question. This is an important question. Asked another way, the question is: Why are stocks in this sector at a 52-week high if this legislation is such a blow to their profits? That’s worth investigating. Follow the money and things get real clear real fast.

The validity of the point Rattigan was trying to make is clear even with this thumbnail of a stock chart. This chart covers the last three months. It compares the S&P 500 to stock prices for some large health insurance companies. Each one is represented by a different color as follows:

S&P 500 (brown)

Cigna (red)

Aetna (blue)

Wellpoint (gold)

United Health (green)

If you look at the S&P 500, a broad indicator of the market, you see it is fluctuating but largely unchanged. However, all the health insurers took a dump towards the end of September, for an average loss of about 12%. They stay down throughout October. However, they start rising in November to reverse those losses. Last week they all moved again, this time to gain over the S&P. In sum, these stocks have posted an average 10% gain, after making up their losses. That’s about a 20% swing in value. That’s a big move compared to the overall market.

It’s true these stocks are more volatile than the overall index. That’s the point of the index, to smooth out volatility. The fact these stocks all move in concert shows they are being affected by the same forces. That’s not surprising. Stocks in the same sector should be responding in roughly similar ways to the same news. The interesting point is when they made their moves. That reflects the conversation of the time…

Link to entire article below…

Government Health Care: Next Step On The Blatant Road To Tyranny!

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Kurt Nimmo / Infowars – December 19, 2009

Democrats deceptively argue that health care is legal under the commerce clause of the Constitution. The commerce clause relates to business, not individuals, but the Democrats have skewed the original purpose and intent of the Constitution.

When asked to point out where in the Constitution authority is granted to force an individual — ultimately at gunpoint — to buy government health care, Speaker of the House Pelosi said: “Are you serious?”

It is said Obama was a constitutional professor at the University of Chicago Law School (even this is a lie — he was in fact “a senior lecturer,” not a professor), so we should assume he has at least some knowledge of the principles of the Constitution. Obama likely knows that the Constitution does not mandate Americans be forced into a contractual agreement with a private party for health insurance.

Apparently, like his predecessor, Obama regards the Constitution as little more than a “goddamn piece of paper”.

“Nowhere in the Constitution is Congress given the power to mandate that an individual enter into a contract with a private party or purchase a good or service,” explains the Heritage Foundation. No decision or present doctrine of the Supreme Court justifies such a claim of power.

Is it possible Nancy Pelosi and Harry Reid have not read Article I of the Constitution? It states that the government’s rights are limited. Article 1, Section 8 reads, “The Congress shall have Power … To regulate Commerce with foreign nations, and among the several states, and with the Indian Tribes.” It does not say a word about health care. The federal government only has the power to regulate trade between itself, foreign governments, and the states. Period.

But then the government — including the Supreme Court — has chipped away at the Constitution for decades. Many of the most serious violations of the Constitution came under the reign of a supposed conservative Republican, George W. Bush.

The Democrat health care bill is merely the most recent and most egregious of those constitutional violations. Both parties – essentially the same party – excel at destroying our constitutional rights.

As recently as last week, there was hope this monstrosity in the Senate would die a natural death and hand a defeat to Obama and his big government statists in the House and Senate. Now that senator Ben Nelson has sold his consent — for Medicaid money to Nebraska — it appears this bill will soon be a done deal.

In a few weeks, the federal government may be making your most important and private medical decisions. Get ready for health care on par with Cash for Clunkers. Get ready to take the next step on the road toward government tyranny and slavery.

FOX News

Link to original article below…

Project Censored List Of Top 25 Censored Stories From The Past Year

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