Obama will continue to discuss issues on the economy and healthcare reform. Hear some of the key issues that the Obama administration will continue to tackle this week from White House Correspondent, Ed Henry.
Many of your viewers and listeners are not aware of this, but we have a “Public Insurance Option” which is now in effect in the State of Texas. Our “Texas Windstorm” pool is not an insurance company. It is the public option.
Insurance companies do not want the risk of wind and hurricane damage so close to the coast; therefore, the pool was set up to serve the needs of our homeowners.
What the viewing public doesn't understand is that this pool is severely underfunded, and guess who bails out what’s left after it pays out all its funds? …. You and I do.
The insurance companies that do business in the State get a bill from our state officials for the unfunded liability the pool leaves behind. If State Farm, for example, writes 20% of homes in the State, they get assessed 20% of the residual liability, while never collecting a penny or a dime from a risk they don't want. That cost gets passed on to the state-wide policyholders. As a result, customers in El Paso (a very dry region of the State) get to subsidize those of us who live on the coast.
What a system, can't wait for the National Public Health Care Option to become effective, it will be just as sweet!
Please keep Don Lemon’s, from CNN, dialogue going.
Many can see that “The Tea Party Express” is a cover for those that do not accept the first African American as the 44th President of The United States of America!
If these individuals are afraid of the deficit and the direction the Country is taking why were they silent for 8 years while President Bush swallowed President Clinton’s surplus and buried the nation in trillions of dollars in debt?
Unfortunately, President Obama is once again talking out of both sides of his mouth! The deficit language in his speech to Congress last Wednesday is most interesting. He tries to be definitive:
“I will not sign a plan that adds one dime to our deficits – either now or in the future. Period.”
But then, he immediately follows this statement with language that undermines his avowed commitment to us!
“And to prove that I'm serious, there will be a provision in this plan that requires us to come forward with more spending cuts if the savings we promised don't materialize,”
Well, which is it Mr. President? If you now do as you have given your "word" you will do, then the second statement is redundant and unnecessary and should not have been included!
Obviously, you are anticipating that the Congressional Budget Office will continue to score your legislation as increasing long-term budget deficits by a larger and larger amount each year. … Otherwise, you would not have been compelled to make this second statement! …. Double-speak from President Obama once again!
Thank Goodness we have a president that is actually trying to do something to help the American people!! To all the people who say they don;t want the government taking over their health care I say just try to take away their medicare or VA benefits. I am a retired RN and you may think you have control of your health care with your private insurance but I can tell you insurance companies have reps daily checking what you are getting and what they are paying. You may not be aware but they go into ICU and read your charts and can even say "move this pt out" among other orders. When I retired my health ins. started at $330/mo in 10yr by taking less benefits and higher copay it had only increased to over $900/mo. I'm thankful for governmental health care -Medicare.
Basically, I hate it when any political party has the power to make things happen, if, the general population doesn't want it. The majority should count. This healthcare reform is a joke. No government should be allowed tp force any citizen to do anything. I am disabled and on Medicare. Now I have to worry that the government is going to change things? I trust no politician. The current president(not just Obama) always inherits the problems and the successes of the former presidency. Why can't the people understand this concept? Good or bad, each president leaves trash and blessings for the next one. It takes a number of years to see the effects of what a president or Congress does. What does the President need to do? Listen to the People!!
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