CSPAN taped House Speaker Nancy Pelosi talking about the status of the “health care reform” legislation. In it she states that the “glory days are coming to an end for the health insurance industy in our country. Their profits are obscene, they have increased enormously over the past few years at the expense of America’s consumers.”
She goes on to gush about how wonderful things will be when the government takes over the business of providing health insurance:
“Think of what that means for the vitality of our economy! So we can encourage entrepreneurship while people have the confidence they will have health insurance and can take more risk.
“There will be a cap on what you pay to the insurance companies each year, but no cap on the benefits you receive.
“And this makes all the difference in the world.”
That “difference”, dangled like a carrot in front of numbnuts suffering from liberal entitlement-derangement syndrome, is between profit and loss, sustainability and bankruptcy. If you pay someone a dollar and they give you back ten, they are immediately out nine dollars. If a hundred people pay someone a dollar and are given back ten, that person is then out $900. If 1,000 people pay one dollar and get back ten, that person is out $9,000. And if 300 million people pay a dollar and get back ten, that someone is out $270 million.
It’s a difference that, with the “President leading the way, with us being a drumbeat, an echo chamber of the President’s message,” will kill not only people subject to the government’s control of medicine, but the American economy.