Tuesday, December 22, 2009

Health Care Bill = More Money for Insurance Industry

That's right, and progressives aren't the only ones who've noticed. Investors have seen the writing on the wall and insurance companies' stocks are on the rise.

Not exactly a good sign that these reforms are going to go in the direction of the best interests of the American public. This means MORE money for insurance companies, not less. This means LESS competition in the market, not more. Investors are counting on the growth of profits for these companies, and thereby the growth in dividends.

By the way, that profit growth is coming out of your pocket - one way or another.
Your pocket.

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