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May 21, 2013
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 Insurance Stocks Rise After Obama SpeechPosted on Sep 10, 2009
Remember President Obama’s reference during his health care address to “Wall Street’s relentless profit expectations”? Well, those expectations were apparently met by that same address. Insurance company stocks got a boost from the speech, which foreshadowed the death of the public option and promised to deliver millions of currently “irresponsible” customers. Speaking of the uninsured, at last count there were more than 46.3 million. —PS
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By Travel Insurance USA, April 24, 2012 at 2:07 am Link to this comment
What would you expect from a capitalist nation? It is unusual that stocks for insurance companies would rise after seeing no plans to reform the health insurance industry. It is ironic that because of President Obama’s “anger” over the insurance companies, those same companies profited from it.
Report thisBy auto insurance discounters, June 29, 2011 at 10:33 am Link to this comment
Barack has been very disappointing when it comes to this presidency. I wouldn’t want to have anybody else in power but still. Has been a lot of talk and not to much action.
Report thisBy Max Obrien, June 6, 2011 at 6:52 pm Link to this comment
Why all the doom and gloom? There are benefits to Obama’s health reforms that many of you here fail to recognize. For instance, covering the 46.3 million for health insurance can save money in the long run for the government. When the uninsured gets health care, productivity improves and a country can only benefit from a healthier population. What kind of radical changes to you expect? A health system that is free for all can only be possible when its populations are healthy, working and pays tax to support it. At the moment this is something the US cannot achieve at the moment.
Report thisBy Gerard, December 30, 2010 at 11:40 am Link to this comment
(Unregistered commenter)
I think the US is much better off with Obama. Can you imagine McCaine doing more to try and bring about change?
Report thisBy Professional Indemnity Insurance, November 22, 2010 at 11:35 pm Link to this comment
This is good reading, however, many people I have engaged with believe this reform will not survive. What are others thoughts? This is concerning to me as it appears that Obama has the support of many outside of his own country. Is this true, or am I just hearing a minor viewpoint?
Report thisBy G.Anderson, September 12, 2009 at 9:34 am Link to this comment
After you’ve added up all the words, and put them in a pile, tried to figure out just what was said, the meaning of all of it, and the implications for what’s happing, it can be hard to really decide what was said.
But here it is as plain as day, the insurance companies are feeling no pain.
I saw someone trying to look so very tough, but I got the feeling this was just a way of over compensating.
If the stocks had crashed the next day, we would have been sure that real reform was coming.
Report thisBy Steve E, September 12, 2009 at 1:14 am Link to this comment
(Unregistered commenter)
History proves the herds of sheep just get bigger but the mindset stays the same.
Report thisThanks Barrack. You are one slimy politician.
By ma77hew77, September 11, 2009 at 6:36 pm Link to this comment
(Unregistered commenter)
That is why he was given the job folks.
The hope in his campaign was referring to the HOPE that the corporations that call the shots are not shaken by any thing the Democrats say they will do.
It’s all a dog and pony show. Heck, Biden is from credit card land and signed the anti-citizen pro-corporate bankruptcy bill as fast as he could get his hands on it.
The change that Obama was referring to in his campaign was the change in campaign finance regulations the Supreme Court will overturn.
You want change and hope again? It begins with taking to the streets and taking it back from the corporations that run the this government.
Report thisBy Brusays, September 11, 2009 at 4:39 pm Link to this comment
(Unregistered commenter)
Follow the money!
Report thisBy LostHills, September 11, 2009 at 8:00 am Link to this comment
Money talks…..
Report thisBy bane-richter, September 11, 2009 at 5:28 am Link to this comment
Ever get the idea that the entire summer has been devoted to an elaborately staged production of “Insurance Company Profits, A Faux-Democracy Production”?.
Report thisRight on Commune115, Obama knows who he works for.
By Commune115, September 10, 2009 at 12:24 pm Link to this comment
Obama is a disciple of the corporate masters of this country. Wake up people, only the organized masses can bring real change.
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