Summary
Obama's plan requires everyone to purchase health insurance from a private for-profit insurance company. He doesn't even offer the alternative of the House's watered-down, ineffective public option, which the Congressional Budget Office forecasted would "cost more than a comparable private plan, and would [optimistically] attract merely 0-6 million customers" The result is that Obama is once again handing the insurance industry and Wall Street a $500 billion handout.
It is unfortunate that Democrats in Washington do not understand that people are tired of corporate handouts and bailouts and the Democratic Party will pay dearly in November and 2012 if it persists in ignoring the needs of the people over the demands of the lobbyists.See the full content of this document
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In these hard economic times it makes mo...
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