Monday, February 7, 2011

More On The O'Reilly -- Obama Interview

As I have watched the O'Reilly - Obama interview, I have even more concerns. Obama said, in affect, that he was proud of his Obama Care law, because it allowed people with existing conditions to purchase health insurance. What he left out and assumed that his backers knew was that they would be able to buy health insurance with their existing conditions as though they were perfectly healthy. It is clear that Obama flowers and Obama too think that insurance companies are stupid. They have no idea what actuaries do. They don't know that these are the math bookies who figure out the odds of someone making a big claim and figure out how "little" an insurance company could charge the average policy holder and still make a profit. Insurance is a competitive business and if you charge too much, your customers will go some place else. Isn't free competition great? When Obama followers find out that the price for health insurance will increase they will not be so happy. When insurance companies increase their prices, Obama will attack them as being greedy. I would ask if were are that stupid, but I know the answer to that and it is "yes".

The other point that Obama made for his followers was that, "a person should not have to go bankrupt when they have a serious sickness". The implications of this statement is that if you get sick, your neighbor should pick up your health tab so that you can keep your house and will it to your kids. Try these two cases. Two different people have some serious health problem. One owns his home in which he has $100,000 equity and the other rents and has $100,000 in the bank that he was planning on spending on a new home. If the second guy got sick and had to pay $100,000 for his medical bill, most people would expect him to draw out the $100,000 and pay his bill. Seems logical to me, but Obama wants the guy who owns his home to keep his home and have the tax payers pick up his tab. Is this fair?

Obama is so far off from logic that most citizens know that you have to wonder what he is thinking and what he is trying to do to our country. His actions speak a lot louder than his words. To me he seems to be trying to destroy the USA from the inside and I don't know why. That is just another reason that I like many of my friends are so worried about the future of our country and for the future of our kids. For the records, members of my family were part of the original Jamestown colony, while others came over the ice from Asia thousands of years before. They all wanted exactly what I want today and that is a better future for my children.