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Speaker Pelosi project bug
Health insurers love the idea of the Romney/Ryan plan to turn Medicare into a voucher system. They love it so much that they are rewarding all of the Republicans who voted for it, according to new analysis by Public Campaign Action Fund (PCAF) and Health Care for America Now (HCAN).
A Romney-Ryan victory coupled with a Republican takeover of the Senate would boost health insurance company stock prices by 10 to 20 percent, according to Citigroup analyst Carl McDonald. Based on share prices on Aug. 18, the day McDonald published his report, a GOP sweep in Washington would quickly jack up the total market value of the 10 largest health insurers by $12 billion to $25 billion. [...]
  • Current U.S. House Members who voted for Ryan’s budget plan to turn Medicare into a voucher program have received nearly twice as much insurance industry campaign cash this cycle as those who voted against the bill. Supporters of the bill have received at least $14 million this cycle from the industry while opponents received $7.4 million. [...]
  • Eight of the top 10 recipients of insurance industry money this cycle are Ryan plan supporters – including every member of House Republican leadership.
The opposition members our Orange to Blue candidates received almost $1.05 million from the insurance industry this year, hoping to see the big boon that Medicare vouchers would mean for them. Among the big recipients:
  • Bass, Charlie (NH-01): $70,250
  • Duffy, Sean (WI-07): $99,812
  • Fitzpatrick, Michael (PA-08): $96,000
  • Gerlach, Jim (PA-06): $164,928
  • Guinta, Frank (NH-02): $88,825
  • Hayworth, Nan (NY-18): $190,856
  • Renacci, Jim (OH-16): $105,685
  • West, Allen (FL-18): $68,090

Goal Thermometer
Insurance companies are banking on getting the Ryan plan enacted. This year alone they've given a combined $1.4 million to the four members of Republican leadership: Speaker John Boehner, Majority Leader Cantor, Majority Whip Kevin McCarthy and Conference Chair Jeb Hensarling. We need a backstop.

That means getting rid of these very reliable votes against Medicare and putting people who will protect it in the House, as all of the candidate endorsed by Daily Kos have pledged to do. It also means putting Nancy Pelosi back in the speaker's chair. We don't have the kind of money that the Medicare marauders have, but there are a lot more of us. We can fight back

Let's take back the House. Please donate $1 to all of our House candidates.

Originally posted to Joan McCarter on Wed Oct 10, 2012 at 02:37 PM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Tip Jar (18+ / 0-)

    "There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning." —Warren Buffett

    by Joan McCarter on Wed Oct 10, 2012 at 02:37:41 PM PDT

  •  And American voters want to be this nihilist? (2+ / 0-)
    Recommended by:
    Gooserock, shoeless

    I don't get it. I don't understand how anybody could vote for this venal party

    "What the cynics fail to understand is that the ground has shifted beneath them." -- Pres. Obama (1/20/2009)

    by zizi on Wed Oct 10, 2012 at 02:50:24 PM PDT

    •  Billions of Dollars of Media Advertisng and Church (3+ / 0-)
      Recommended by:
      AnnieJo, estreya, shoeless

      preaching and news coverage and politician & thinktank propaganda.

      Our entire institutional society backs the Republicans. It's not reasonable to expect most ordinary people to believe such a consensus could be lies.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Wed Oct 10, 2012 at 03:22:12 PM PDT

      [ Parent ]

  •  so why exactly would anyone want to (3+ / 0-)
    Recommended by:
    grasshopper, shoeless, TRPChicago

    be in a voucher program?  I read Ryan's latest bullshit that he done with Wyden and supposedly there is a choice between a voucher and traditional medicare.  Supposedly, that is the plan r-money adopted.  So why exactly would anyone elect to get a voucher instead of traditional medicare?  This just sounds to me like a scheme to drain traditional medicare of funding.  Listen up people over 60, R-money says you won't be effected.  Bullshit!  You will be effected because money will be divertd from traditional medicare.

    "The real wealth of a nation consists of the contributions of its people and nature." -- Rianne Eisler

    by noofsh on Thu Oct 11, 2012 at 10:02:32 AM PDT

    •  I finally got through to my mother (1+ / 0-)
      Recommended by:
      shoeless

      when I told her vouchers would be like coupons, NOT real insurance.  

      •  Even the vouchers will be worthless, (0+ / 0-)

        Since they have vowed to repeal Obamacare. How many senior citizens don't have a pre-existing condition?

        When you don't vote, Mitt happens.

        by shoeless on Thu Oct 11, 2012 at 10:25:37 AM PDT

        [ Parent ]

      •  these people had better wake up i know where (0+ / 0-)

        that money they keep talking about went i had several prescriptions that costed me $153.00  then they went down to $45.00  and then when i got the special help from that rebate i now pay $3.00 for some and $1.30 for others so mitty and ryan are just lying

    •  Answer: no one. A voucher for $6-7000, when ... (0+ / 0-)

      ... that's a trip to the ER followed by day, maybe two, in the hospital? Who wants that deal?

      Even the fat cat self-insured of Medicare age shouldn't go for that.

      Obama and strong Democratic majorities in 2012!

      by TRPChicago on Thu Oct 11, 2012 at 11:28:47 AM PDT

      [ Parent ]

    •  Traditional Medicare (0+ / 0-)

      could look very different after some premium adjustments and other tweaks.  Even though Ryan made the change so as to provide choice, his first attempt is what he and Romney want and would prefer.

      A fool and his money are soon elected. -Marx, Groucho

      by Garth1066 on Thu Oct 11, 2012 at 01:44:56 PM PDT

      [ Parent ]

  •  How is it possible to win? (2+ / 0-)
    Recommended by:
    shoeless, mchestnutjr

    Between GOP voter suppression, the tsunami of cash thanks to Citizens United, billionaires threatening their workers to vote the "right" way or else, preaching GOP ideology from the pulpit, bait and switch politics, a 24-7 hour pro-GOP "news" (read: propaganda) channel, Republican-leaning companies who own electronic voting machines, and even a foreign company who owns the final tally of AMERICAN votes....

    How the hell do the People win?

    Strange but not a stranger.

    by jnww on Thu Oct 11, 2012 at 10:05:37 AM PDT

  •  Donated again but I am going to hound you Joan (2+ / 0-)
    Recommended by:
    drpmeade, shoeless

    until you expand this list to 25!

    I am pro-life. Bring our troops home ALIVE!

    by Doc Allen on Thu Oct 11, 2012 at 10:08:49 AM PDT

  •  1 more example of Citizens United ruling (2+ / 0-)
    Recommended by:
    grasshopper, shoeless

    ...making a mockery of our democracy.

    Carpe Diem! @leliorisen

    by Lelio Risen on Thu Oct 11, 2012 at 10:09:31 AM PDT

  •  Steve King got $54,850 insurance industry cash (1+ / 0-)
    Recommended by:
    shoeless

    King has proposed something even more radical than Ryan's plan. Under King's plan, American workers would build health savings accounts that could be used when they are seniors to purchase what he termed a “Medicare replacement policy.” No wonder the insurance industry likes him.

    •  do you'll know ost of those lawmakers own (0+ / 0-)

      some of those little medical centers scattered around all these cities and they are making a mint linked to the ins. companies but once the co-ops that obama will set up people can op out of those that is why they are fighting so hard

  •  Hayworth is my Congressperson (1+ / 0-)

    and many of us in her district are desperate to get rid of her. I just posted this on article on Facebook, in the same page where her former strategist Jay Townsend got himself in trouble. Her husband also runs a for-profit health care facility so she has got all sorts of conflicts of interest when it comes to health care issues.

    Randian for me means "Prince Randian" from the 1930s horror classic Freaks and is not a reference to libertarianism.

    by Randian on Thu Oct 11, 2012 at 10:11:47 AM PDT

  •  Lovely. The singles largest of those (0+ / 0-)

    recipients of Health Insurance largesse is my Congresscritter, Dr. Nan Hayworth (what is it with RW opthamologists anyway?), whose husband is CEO of the largest Medical Practice corporation in the region.  No conflicts of interests there!

    Let's make sure to support her Democratic opponent, Sean Patrick Maloney!

    Ultimately, the only thing that matters with respect to preserving choice is who will be nominating the next Supreme Court Justices.

    by Its the Supreme Court Stupid on Thu Oct 11, 2012 at 10:29:13 AM PDT

  •  confused about ACA in Texas (0+ / 0-)

    anyone have any insights?

    http://www.tha.org/...

    Trying to determine if this is a good thing (as the surface suggests) or  if this is a ruse to avoid implementing the ACA in Texas.

  •  Yup, but ... have the health insurers given to ... (0+ / 0-)

    ... their opponents, too?  Let's be sure that - unlike a lot of corporate political contributors - they're not playing both sizes of the fence. (I'm getting leery of bounce back potential.)

    Obama and strong Democratic majorities in 2012!

    by TRPChicago on Thu Oct 11, 2012 at 11:23:19 AM PDT

  •  Wow! someone really stepped up here! (0+ / 0-)

    either that or a major typo.

    THANK YOU to whoever(s) made a big donation.

    Myself, I am broke and unemployed, so I appreciate everyone who donates, large or small. These Republicans really scare me.

  •  why am I not suprised (0+ / 0-)

    to see both (R) from NH on that list. Wish I could vote both of them out, but can only vote against Guinta.

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