What Have Democrats Wrought?

Monday, March 22nd, 2010

The Democrats have wrought a mess: Confusion. Chaos. Strife. Division. Rage.

And they love it.

States are already readying suits over the constitutionality. Citizens are up in metaphorical arms. Senators are drawing lines:

GOP senators emerged Monday to warn that the health debate had taken a toll on the institution, and warning of little work between parties the rest of this year.

“There will be no cooperation for the rest of the year,” McCain said during an interview Monday on an Arizona radio affiliate. “They have poisoned the well in what they’ve done and how they’ve done it.”

President will revel in his transient approval numbers bump and then he will will revel in the chaos all over the country.

Meanwhile, guess who wins? The insurance companies the Obama administration is in bed with, that’s who:

And the economic effects will also take quite some time to play out.

But the early reading from Wall Street seems to be that the health care industry, particularly the insurers, will be all right:

— “Health insurers’ stocks rose in opening trading Monday, while the broader market slipped,” Reuters says. ” Large insurers WellPoint Inc and UnitedHealth Group rose slightly, while insurers such as Amerigroup and Molina Healthcare that focus on Medicaid plans for low-income Americans climbed sharply.”

— “The Dow’s pharmaceutical components were among the very few stocks in the black on Monday, as drug-makers are expected to profit from the expansion of health-care coverage. Merck (MRK) rose 0.3%, while Pfizer (PFE) climbed 1.1%.” (The Wall Street Journal)

— “U.S. stocks fluctuated as health- care companies advanced after the House passed an overhaul of the industry, while commodity producers retreated amid concern growing government debt will stifle the economic recovery. Merck & Co. and Pfizer Inc. helped lead health-care companies to the biggest gain among 10 groups in the S&P 500 after the House approved legislation that will ensure tens of millions of uninsured Americans will get medical coverage.” (Bloomberg News)

So, basically, the Democrats have a created a mess for the American people and reward those they vilified. All in a days work.

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