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Judge The "Health Reform" Legislation by the Stock Market

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I'll keep this short. There's a simple measure of whether the Democratic congress is helping Americans or the insurance industry-- the rising and falling of Insurance stocks.

If they go up, then we've been screwed. If they drop, the Democrats are doing more to help Americans than the lobbyists they are in bed with. I was going to say "lobbyists they are besieged by." But "besieged" suggests that the legislators are facing the lobbyist unwillingly or at least, unintentionally.

The evidence is clear. The lobbyists have, so far, won.

Today, on the news channels, most of the coverage seems to be of Democratic senators, doing as was expected-- selling how wonderful the bill is, avoiding questions on why the health insurer stocks have soared to record highs.

Look at health insurance stocks, Pharma stocks, medical supplier stocks. Believe me, they're up.

There's still time in conference committee to do SOME good. We should have been tracking the health insurer stocks daily during the run-up to this legislation. Now, it may be too late, but every legislator should be asked why the hell the stocks have gone up so high and challenged that if they'd done their job the reverse would have happened.


Ask your legislator. And don't buy the pollyana sell-job B.S. that there's wonderful stuff in the bill for consumers. The proof is in the stock prices.

 

Rob Kall is editor-in-chief, publisher and site architect of OpEdNews.com, President of Futurehealth, Inc, and an inventor. He hosts the Rob Kall Bottom Up Radio Show, aired in the Metro Philly area on AM 1360, WNJC. Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com

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Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.

See more Rob Kall articles here and, older ones, here. To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article. For Rob's work in non-political realms mostly before 2000, see his C.V..  and here's an article on the Storycon Summit Meeting he founded and organized for eight years. Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table

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To watch Rob having a lively conversation with John Conyers, then Chair of the House Judiciary committee, click hereWatch Rob speaking on Bottom up economics at the Occupy G8 Economic Summit, here.

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This 'Health Care' (sic) bill reminds me of the il... by Alan MacDonald on Monday, Dec 21, 2009 at 9:20:36 AM
so-called health care reform bill is illegal. At l... by sommers on Monday, Dec 21, 2009 at 11:07:14 AM
When people start to embrace the power of love, in... by Ginger McClemons on Monday, Dec 21, 2009 at 11:42:06 AM
The argument against the health care bill being ju... by John Sanchez Jr. on Monday, Dec 21, 2009 at 1:01:27 PM
Read my article about why reading anything into th... by E. Nelson on Monday, Dec 21, 2009 at 2:58:08 PM
Why can't anyone tell me what the expected cost fo... by Scott Spinucci on Tuesday, Dec 22, 2009 at 2:41:06 AM