The Claims
"I'm very pleased that (Democratic leaders) will be talking, too, about the immoral profits being made by the insurance industry and how those profits have increased in the Bush years." House Speaker Nancy Pelosi, D-Calif., who also welcomed the attention being drawn to insurers'"obscene profits."
"Keeping the status quo may be what the insurance industry wants their premiums have more than doubled in the last decade and their profits have skyrocketed." Maryland Rep. Chris Van Hollen, member of the Democratic leadership.
"Health insurance companies are willing to let the bodies pile up as long as their profits are safe." A MoveOn.org ad.
THE TRUTH
Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries. As is typical, other health sectors did much better - drugs and medical products and services were both in the top 10.
HealthSpring, the best performer in the health insurance industry, posted 5.4 percent. That's a less profitable margin than was achieved by the makers of Tupperware, Clorox bleach and Molson and Coors beers.
The railroads brought in a 12.6 percent profit margin. Leading the list: network and other communications equipment, at 20.4 percent.
But were the Bush years golden ones for health insurers?
Not judging by profit margins, profit growth or returns to shareholders. The industry's overall profits grew only 8.8 percent from 2003 to 2008, and its margins year to year, from 2005 forward, never cracked 8 percent.
The latest annual profit margins of a selection of products, services and industries: Tupperware Brands, 7.5 percent; Yahoo, 5.9 percent; Hershey, 6.1 percent; Clorox, 8.7 percent; Molson Coors Brewing, 8.1 percent; construction and farm machinery, 5 percent; Yum Brands (think KFC, Pizza Hut, Taco Bell), 8.5 percent.
Associated Press writer Tom Murphy in Indianapolis contributed to this report.
Monday, October 26, 2009
Monday, October 12, 2009
Global Warming?
A recent story for the BBC begins:
While some may be "surprised" as stated, they should not be. The "Global Warming/Cooling/Change" debate has always been based on an agenda instead of science. There have been scientists from the very beginning that tried to say, "hold on!". But the agenda needed a movement. And "Global Warming" was the movement.
Conservatives NEVER bought into this idea. They said the science does not support the belief, and therefore, have always pointed to the agenda as the purpose. Unfortunately, until a quasi-liberal establishment provides confirmation, the conservatives are considered "whack-jobs", or "greedy money-mongers that don't care about the environment".
Well, here is a news flash - Conservatives Live on the Earth Also! Do you really think we would destroy our planet for money. The reality is that, just like "Global Cooling" in the 1970's, "Global Warming" was a farce being fed to the general public.
But let's not stop there. Please, for once, let's investigate the agenda behind "Global Warming". It's very simple - POWER and CONTROL. If somebody has power and control, they will have money.
Now I am not saying that every environmentalist out there is hungry for power, that would be a lie...but, liberal politicians crave Power and Control!
The end goal for liberal politicians was/is, and always will be, about Cap-and-Trade. There is money to be made, and influence to be peddled in Cap-and-Trade legislation. With this legislation, you control the power industry, which allows them to control everything else.
Many companies (like GE) have positioned themselves to cash in on a Green Economy. Why are people so easily convinced that Halliburton wants war to feed their machine, but refuse to consider that other companies can have an agenda as well.
So the message going forward is to be aware of hidden agendas. Regardless of Conservative or Liberal political leanings, there can be hidden agendas.
So.....now you want to talk about Obama's Health Care legislation?.......
What happened to global warming?
By Paul Hudson
Climate correspondent, BBC News
This headline may come as a bit of a surprise, so too might that fact that the warmest year recorded globally was not in 2008 or 2007, but in 1998.
But it is true. For the last 11 years we have not observed any increase in global temperatures. (cont. http://news.bbc.co.uk/2/hi/science/nature/8299079.stm)
While some may be "surprised" as stated, they should not be. The "Global Warming/Cooling/Change" debate has always been based on an agenda instead of science. There have been scientists from the very beginning that tried to say, "hold on!". But the agenda needed a movement. And "Global Warming" was the movement.
Conservatives NEVER bought into this idea. They said the science does not support the belief, and therefore, have always pointed to the agenda as the purpose. Unfortunately, until a quasi-liberal establishment provides confirmation, the conservatives are considered "whack-jobs", or "greedy money-mongers that don't care about the environment".
Well, here is a news flash - Conservatives Live on the Earth Also! Do you really think we would destroy our planet for money. The reality is that, just like "Global Cooling" in the 1970's, "Global Warming" was a farce being fed to the general public.
But let's not stop there. Please, for once, let's investigate the agenda behind "Global Warming". It's very simple - POWER and CONTROL. If somebody has power and control, they will have money.
Now I am not saying that every environmentalist out there is hungry for power, that would be a lie...but, liberal politicians crave Power and Control!
The end goal for liberal politicians was/is, and always will be, about Cap-and-Trade. There is money to be made, and influence to be peddled in Cap-and-Trade legislation. With this legislation, you control the power industry, which allows them to control everything else.
Many companies (like GE) have positioned themselves to cash in on a Green Economy. Why are people so easily convinced that Halliburton wants war to feed their machine, but refuse to consider that other companies can have an agenda as well.
So the message going forward is to be aware of hidden agendas. Regardless of Conservative or Liberal political leanings, there can be hidden agendas.
So.....now you want to talk about Obama's Health Care legislation?.......
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