President Obama hits back at insurers over health reform

http://www.reuters.com/article/healthNews/idUSN0749607120091015

U.S. President Barack Obama hit back at the health insurance industry on Thursday, accusing it of trying to deceive Americans about healthcare reform and vowing to overhaul the industry in Congress.

Obama criticized insurers for running advertisements critical of Democrats' attempts to reform the health system.

"Don't let them fool you. We're going to get this done. We're going to fight for it," he said at a town hall meeting in New Orleans.

Obama said a drop in health insurance companies' stocks this week highlighted the industry's nervousness that a healthcare reform bill may pass.

"This is when the insurance companies are really going to start gearing up," he said. "Their stock went down when the Senate Finance Committee voted out that bill. Now they're getting nervous and, by they way, they have been wildly profitable over the last decade."

.... I had a hard time paying attention after the balloon madness set in.

http://cspan.org/Watch/Media/2009/10/15/HP/R/24304/Pres+Obama+pledges+to+focus+on+disaster+preparedness.aspx

Smackdown.