Oct 29 2009
Those Greedy Insurance Companies….
Posted by admin
From hotair:
“While Democrats in Congress have spent months demonizing insurers as greedy villainous monsters, from Barack Obama to Nancy Pelosi to Alan Grayson, the American media stood mute rather than report on the extent of this supposed greed. Why? It’s not as if these companies don’t have annual reports, or that business media haven’t tracked their performance. The publicly-traded companies have their bottom lines exposed for all to see, and yet the media has steadfastly whistled and looked askance rather than inform people about the extent of their demonic, villainous, greedy, filthy lucre.”
According to the AP, “Profits barely exceeded 2 percent of revenues in the latest annual measure. ”