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	<title>Comments on: Health Insurance Stocks Soar on Baucus Deal News</title>
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	<description>Politics for liberal newsgeeks</description>
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		<title>By: jawbone</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34831</link>
		<dc:creator>jawbone</dc:creator>
		<pubDate>Wed, 29 Jul 2009 23:07:57 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34831</guid>
		<description>&lt;p&gt;Obama knew what he was doing when he said he wants “health INSURANCE reform”*: It’s where the money is, and where our money will be going, under the mandates. Millions of Americans will learn what “unfunded mandates” really are.&lt;/p&gt;
&lt;p&gt;*From Obama’s primetime press conference, July 2 2, 2009, where Obama did say he was for “health insurance reform” — &lt;a href=&quot;http://blogs.suntimes.com/sweet/2009/07/obama_july_22_2009_press_confe.html&quot; rel=&quot;nofollow&quot;&gt;in his prepared, thus carefully vetted, opening remarks&lt;/a&gt;. The very first opening remarks, his first sentence:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;&lt;b&gt;Before I take your questions, I want to talk for a few minutes about &lt;/b&gt;&lt;b&gt;the progress we’re making on health insurance reform&lt;/b&gt; and where it fits into our broader economic strategy.&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Sixth paragraph (about a sentence or so each):&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;And &lt;strong&gt;health-insurance reform is central&lt;/strong&gt; to that effort.&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Paragraph 11:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;…a lot of Americans may be wondering: What’s in this for me? &lt;strong&gt;How does my family stand to benefit from health-insurance reform?&lt;/strong&gt;&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Paragraph 16:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;&lt;strong&gt;I’ve also pledged that health-insurance reform will not add to our deficit &lt;/strong&gt;over the next decade, and I mean it.&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Paragraph 18:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;&lt;b&gt;That will not happen with health-insurance reform&lt;/b&gt;. It will be paid for.&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Wow, how could I have missed that messaging?? It’s right there. Insurance reform.&lt;/p&gt;
&lt;p&gt;Public plan or public option? Obama did not mention it until the second to last questioner used the phrase in his question:&lt;/p&gt;
&lt;blockquote&gt;
&lt;p&gt;Steve Koff, the Cleveland Plain Dealer.&lt;/p&gt;
&lt;p&gt;Q Thank you. Just to follow up on Jake’s question earlier, sir: So many Americans are concerned that this plan, particularly the government insurance, the public option, would lead to reduced benefits or reduced coverage. Two questions.&lt;/p&gt;
&lt;p&gt;One, can you guarantee that this legislation will lock in and say the government will never deny any services, that that’s going to be decided by the doctor and the patient, and the government will not deny any coverage? And secondarily, can you, as a symbolic gesture, say that you and the Congress will abide by the same benefits in that public option?&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Pretty heavy messaging there. Count the “health insurance reform” mentions: 5. Public plan: 0. &lt;b&gt;5 to 0&lt;/b&gt;.&lt;/p&gt;
&lt;p&gt;Capiche?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Obama knew what he was doing when he said he wants “health INSURANCE reform”*: It’s where the money is, and where our money will be going, under the mandates. Millions of Americans will learn what “unfunded mandates” really are.</p>
<p>*From Obama’s primetime press conference, July 2 2, 2009, where Obama did say he was for “health insurance reform” — <a href="http://blogs.suntimes.com/sweet/2009/07/obama_july_22_2009_press_confe.html" rel="nofollow">in his prepared, thus carefully vetted, opening remarks</a>. The very first opening remarks, his first sentence:</p>
<blockquote>
<p><b>Before I take your questions, I want to talk for a few minutes about </b><b>the progress we’re making on health insurance reform</b> and where it fits into our broader economic strategy.</p>
</blockquote>
<p>Sixth paragraph (about a sentence or so each):</p>
<blockquote>
<p>And <strong>health-insurance reform is central</strong> to that effort.</p>
</blockquote>
<p>Paragraph 11:</p>
<blockquote>
<p>…a lot of Americans may be wondering: What’s in this for me? <strong>How does my family stand to benefit from health-insurance reform?</strong></p>
</blockquote>
<p>Paragraph 16:</p>
<blockquote>
<p><strong>I’ve also pledged that health-insurance reform will not add to our deficit </strong>over the next decade, and I mean it.</p>
</blockquote>
<p>Paragraph 18:</p>
<blockquote>
<p><b>That will not happen with health-insurance reform</b>. It will be paid for.</p>
</blockquote>
<p>Wow, how could I have missed that messaging?? It’s right there. Insurance reform.</p>
<p>Public plan or public option? Obama did not mention it until the second to last questioner used the phrase in his question:</p>
<blockquote>
<p>Steve Koff, the Cleveland Plain Dealer.</p>
<p>Q Thank you. Just to follow up on Jake’s question earlier, sir: So many Americans are concerned that this plan, particularly the government insurance, the public option, would lead to reduced benefits or reduced coverage. Two questions.</p>
<p>One, can you guarantee that this legislation will lock in and say the government will never deny any services, that that’s going to be decided by the doctor and the patient, and the government will not deny any coverage? And secondarily, can you, as a symbolic gesture, say that you and the Congress will abide by the same benefits in that public option?</p>
</blockquote>
<p>Pretty heavy messaging there. Count the “health insurance reform” mentions: 5. Public plan: 0. <b>5 to 0</b>.</p>
<p>Capiche?</p>
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		<title>By: ThingsComeUndone</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34821</link>
		<dc:creator>ThingsComeUndone</dc:creator>
		<pubDate>Wed, 29 Jul 2009 21:01:45 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34821</guid>
		<description>&lt;p&gt;I don’t know campaign finance laws or the laws regarding lobbyists gifts but suppose ! gave Holy Joe a million dollars then I tell him if you vote way the value of my companies stocks will spike at least for that day.&lt;br /&gt;
    Good news from the government cause 1 day or more spikes in stock price all the time. Anyway Joe if he was a sleaze bag could take the cash, buy some stock vote like he is told to, sell the stock as the price spikes and make an even bigger profit.&lt;br /&gt;
     The hire his wife at a huge salary to consult for the campaign. Does anyone know if this is even against the law?&lt;br /&gt;
How do we find out if such a thing has happened?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I don’t know campaign finance laws or the laws regarding lobbyists gifts but suppose ! gave Holy Joe a million dollars then I tell him if you vote way the value of my companies stocks will spike at least for that day.<br />
    Good news from the government cause 1 day or more spikes in stock price all the time. Anyway Joe if he was a sleaze bag could take the cash, buy some stock vote like he is told to, sell the stock as the price spikes and make an even bigger profit.<br />
     The hire his wife at a huge salary to consult for the campaign. Does anyone know if this is even against the law?<br />
How do we find out if such a thing has happened?</p>
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		<title>By: Mona</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34721</link>
		<dc:creator>Mona</dc:creator>
		<pubDate>Wed, 29 Jul 2009 16:32:31 +0000</pubDate>
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		<description>&lt;p&gt;“Righteous indignation” on our part will accomplish little if anything.&lt;/p&gt;
&lt;p&gt;Sen. Bernie Sanders – one of only a handful of  lawmaker with the guts to tell it like it is – said that millions and millions of people must protest against the sell-out that is being directed  by the  medical-profits industry &lt;/p&gt;
&lt;p&gt;“Keyboard activism”  won’t get it done.  In order to win true health care reform we’ll have to march in the streets. If we fail to do so, if we fail to act in our own best interests and in the best interests of other everyday people, the health care crisis will worsen.&lt;/p&gt;
&lt;p&gt;Our resolve will be tested by how we proceed from here on out.  Will we fight for justice, or will we act like sheep?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>“Righteous indignation” on our part will accomplish little if anything.</p>
<p>Sen. Bernie Sanders – one of only a handful of  lawmaker with the guts to tell it like it is – said that millions and millions of people must protest against the sell-out that is being directed  by the  medical-profits industry </p>
<p>“Keyboard activism”  won’t get it done.  In order to win true health care reform we’ll have to march in the streets. If we fail to do so, if we fail to act in our own best interests and in the best interests of other everyday people, the health care crisis will worsen.</p>
<p>Our resolve will be tested by how we proceed from here on out.  Will we fight for justice, or will we act like sheep?</p>
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		<title>By: constantweader</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34690</link>
		<dc:creator>constantweader</dc:creator>
		<pubDate>Wed, 29 Jul 2009 14:57:37 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34690</guid>
		<description>&lt;p&gt;I’d sue the insurance companies for making me sick, but my carrier would rightly deny my claim as a pre-existing condition. &lt;/p&gt;
&lt;p&gt;As Max &amp; the Baucus Caucus, they’re just doing the jobs the insurance companies get paid to do — who could possibly object?&lt;/p&gt;
&lt;p&gt;Meanwhile, President Obama’s personal doctor of two decades is leading a single-payer rally on the National Mall Thursday.&lt;/p&gt;
&lt;p&gt;The Constant Weader at &lt;a href=&quot;http://www.RealityChex.com&quot; rel=&quot;nofollow&quot;&gt;www.RealityChex.com&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I’d sue the insurance companies for making me sick, but my carrier would rightly deny my claim as a pre-existing condition. </p>
<p>As Max &amp; the Baucus Caucus, they’re just doing the jobs the insurance companies get paid to do — who could possibly object?</p>
<p>Meanwhile, President Obama’s personal doctor of two decades is leading a single-payer rally on the National Mall Thursday.</p>
<p>The Constant Weader at <a href="http://www.RealityChex.com" rel="nofollow">http://www.RealityChex.com</a></p>
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		<title>By: masaccio</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34661</link>
		<dc:creator>masaccio</dc:creator>
		<pubDate>Wed, 29 Jul 2009 14:12:24 +0000</pubDate>
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		<description>&lt;p&gt;Indeed it is a big boon to insiders with options. &lt;/p&gt;
&lt;p&gt;One reason often given by corporations to justify their stock buyback programs is that dividends are paid out of after-tax income, and are taxed again as income to the shareholder. Stock buybacks increase the price of the shares, and gain on sale of the stock is only taxed at the shareholder level, and at a very low rate.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Indeed it is a big boon to insiders with options. </p>
<p>One reason often given by corporations to justify their stock buyback programs is that dividends are paid out of after-tax income, and are taxed again as income to the shareholder. Stock buybacks increase the price of the shares, and gain on sale of the stock is only taxed at the shareholder level, and at a very low rate.</p>
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		<title>By: ekunin</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34658</link>
		<dc:creator>ekunin</dc:creator>
		<pubDate>Wed, 29 Jul 2009 14:00:49 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34658</guid>
		<description>&lt;p&gt;If you expect incumbents to pass strict limits on campaign spending, you are indeed an optimist. Other hopes exist but they involve thinking outside the box and taking personal responsibility for what goes on, that is rejecting hierarchical thinking. We’re not there yet. Perhaps we need more disappointment.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>If you expect incumbents to pass strict limits on campaign spending, you are indeed an optimist. Other hopes exist but they involve thinking outside the box and taking personal responsibility for what goes on, that is rejecting hierarchical thinking. We’re not there yet. Perhaps we need more disappointment.</p>
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		<title>By: WebsterStatesman</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34655</link>
		<dc:creator>WebsterStatesman</dc:creator>
		<pubDate>Wed, 29 Jul 2009 13:35:43 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34655</guid>
		<description>&lt;p&gt;I am 60 years old and FINALLY figured it out: It doesn’t make any difference who is elected to office. This country is controlled by those with millions of dollars to donate to said elected official.&lt;/p&gt;
&lt;p&gt;How stupid I feel.&lt;/p&gt;
&lt;p&gt;Strict limits on campaign spending is the only hope we have.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I am 60 years old and FINALLY figured it out: It doesn’t make any difference who is elected to office. This country is controlled by those with millions of dollars to donate to said elected official.</p>
<p>How stupid I feel.</p>
<p>Strict limits on campaign spending is the only hope we have.</p>
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		<title>By: cinnamonape</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34654</link>
		<dc:creator>cinnamonape</dc:creator>
		<pubDate>Wed, 29 Jul 2009 13:25:56 +0000</pubDate>
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		<description>&lt;p&gt;I’d think that the “up” vs. “down” represents a very good barometer of what the investors think is the potential value if the public option fails….and mind you, these re just the folks “speculating” on the odds. If it really happens that no public option passes (and this even without the effect of no mandatory employer sanctions) then the stocks will fly. &lt;/p&gt;
&lt;p&gt;Meanwhile I wonder how much benefit these “regional coops” will offer folks in places like North Dakota that have an option between Blue Cross and Blue Shield…oh wait wasn’t there supposed to be a hyphen between those two?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I’d think that the “up” vs. “down” represents a very good barometer of what the investors think is the potential value if the public option fails….and mind you, these re just the folks “speculating” on the odds. If it really happens that no public option passes (and this even without the effect of no mandatory employer sanctions) then the stocks will fly. </p>
<p>Meanwhile I wonder how much benefit these “regional coops” will offer folks in places like North Dakota that have an option between Blue Cross and Blue Shield…oh wait wasn’t there supposed to be a hyphen between those two?</p>
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		<title>By: jurassicpork</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34653</link>
		<dc:creator>jurassicpork</dc:creator>
		<pubDate>Wed, 29 Jul 2009 13:25:47 +0000</pubDate>
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		<description>&lt;p&gt;This ought to tell you right then and there what will happen if and when this piece of shit health care bill goes into effect. It’ll be the same thing that happened here in MA: Premiums will skyrockets, people will get thrown off their existing plans yet it will still be made mandatory. Those who were insured will no longer be insured but heavily penalized for “refusing” affordable health care. The government option, even if there is one, will not be competitive with the HMO’s at all except in competing to see who can charge the most. Deductibles will go through the roof… It’ll be a macroscopic version of the piece of shit health care bill left behind by Romney. And all because Baucus rolled over for a handful of Republicans who are laughing up their sleeves over our “filibuster-proof” majority.&lt;/p&gt;
&lt;p&gt;By the way, even though I’ve personally thanked everyone who’d done so, I’d still like to thank everyone who helped me yesterday with my crisis. My fiancée and I deeply appreciate the kind and generous gestures (although we’re not so appreciative of John “Garbo” Aravosis banning me from ABlog). We’re not out of the woods yet but at least we won’t have to worry about paying the rent and going hungry for the immediate future.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>This ought to tell you right then and there what will happen if and when this piece of shit health care bill goes into effect. It’ll be the same thing that happened here in MA: Premiums will skyrockets, people will get thrown off their existing plans yet it will still be made mandatory. Those who were insured will no longer be insured but heavily penalized for “refusing” affordable health care. The government option, even if there is one, will not be competitive with the HMO’s at all except in competing to see who can charge the most. Deductibles will go through the roof… It’ll be a macroscopic version of the piece of shit health care bill left behind by Romney. And all because Baucus rolled over for a handful of Republicans who are laughing up their sleeves over our “filibuster-proof” majority.</p>
<p>By the way, even though I’ve personally thanked everyone who’d done so, I’d still like to thank everyone who helped me yesterday with my crisis. My fiancée and I deeply appreciate the kind and generous gestures (although we’re not so appreciative of John “Garbo” Aravosis banning me from ABlog). We’re not out of the woods yet but at least we won’t have to worry about paying the rent and going hungry for the immediate future.</p>
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		<title>By: i4u2bi</title>
		<link>http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34652</link>
		<dc:creator>i4u2bi</dc:creator>
		<pubDate>Wed, 29 Jul 2009 13:21:55 +0000</pubDate>
		<guid isPermaLink="false">http://campaignsilo.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/#comment-34652</guid>
		<description>&lt;p&gt;Isn’t unfettered Capitalism just the cat’s meeeeow?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Isn’t unfettered Capitalism just the cat’s meeeeow?</p>
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