Wednesday, February 24, 2010

Drinking To Ecomomic Illiteracy

The Man On The Way Up has been trying to ignite a war against private insurance companies over "excessive" profits. The Rome Sentinal of New York notes that comparing the profit margins of private insurance companies to those of beer brewers shows brewers make far more of a profit than private insurance companies, yet the Obamaniacs aren't going after Big Beer. See also here.

Speaking of insurance companies, Congressman Anthony Weiner of NY attacked Republicans on the House floor as "wholly the insurance industry." The health-care industry was his second-biggest backer, which means his point is...what?

Meanwhile a fighter for single-payer helps shrink Democratic support for Obama's plan.,

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