you will no longer be permitted to buy a really crappy health insurance policy, just as under financial reform, lots of folks are no longer permitted to buy heinously destructive adjustable rate balloon payment mortgages. joining me now to explain this is nancy metcalf, senior editor at consumer reports, dr. menisha shermana, medical director at evergreen health care, part of a new insurance provider in maryland s health exchange and jonathan coombs, senior editor at the new republic, author of sick: the untold story of america s health care crisis and the people who pay the price. all right, there s two issues floating around. i saw it really explode this weekend. one is people are getting their plans canceled. what is going on? we were all told nothing would change and now things are changing. you sold us a bill of goods, barack obama s a tyrant, i hate you. then the other is, the prices in the exchange.
insurance policy, just as under financial reform, lots of folks are no longer permitted to buy heinously destructive adjustable rate balloon payment mortgages. joining me now to explain this at greater length is nancy metcalf, senior editor at consumer reports, where she covers health reports, dr. menisha shermana, medical director at evergreen health care, part of a new insurance provider in maryland s health exchange and jonathan coombs, senior editor at the new republic, where he s just written a piece about obama care and author of sick: the untold story of america s health care crisis and the people who pay the price. all right. i want to start with this. there s two issues floating around. i saw it really explode this weekend. one is people are getting their plans canceled. what is going on? we were all told nothing would change, nothing would change, and now things are changing. you sold us a bill of goods, barack obama s a tyrant, i hate you. then the other is, the price
there deciding they are going back to the policies that failed in the past. we cut $1.3 trillion off the debt and the idea that obama administration is actually urging, justice department telling banks, listen, this time when it falls apart you won t be in trouble. there was an orwellian quality to this. here is the problem with this. it gets to the heart how unsophisticated the president is. one of the reasons we had a housing bubble, been a crisis because of all these incentives to buy homes including wall street securitization that is involved government regulation. that bid up the price of homes to a point where people couldn t afford it unless they got one of these crazy loans like nothing down and balloon payment at the end of two years. there is problem with these snfs
it s government that s out there deciding that they re going back to the policies that have failed in the past. we cut 1.3 trillion off our debt. on this thing, charlie, the idea that the obama administration is urging and the justice department selling banks, this time around when it falls apart you won t be in trouble. there was an orwellion fault to the president s announcement. i couldn t help, but think it s 1984 when i saw them blather that nonsense. let s get to the heart of sow unsophisticated economically the president is. one of the reasons why we had a housing crisis and a housing bubble, then caused a crisis because of all of these incentives to buy homes, including wall street securitizations. sure. tangentially involved government regulation and that did up the price of homes, to a point where people couldn t afford it unless they got one of these crazy loans, like, nothing down. no money down. balloon payment the end of
speaking out for the first time since the indictments were unsealed on monday, charging five people in the shootout that resulted in the death of agent terry. the shootout, which happened in december of 2010. now, two guns were found at the scene of terry s murder. guns that months earlier, the u.s. government allegedly knew and allowed to be bought by known criminals. four of the five men charged in agent terry s murder are still at large, presumably in mexico. we have pictures of three of them. federal authorities are offering up to $1 million for information leading up to their arrest. brian terry s mother and cousin joining us exclusively in just a moment. but first, keeping them honest. there s question about why the justice department waited eight months to go public with the charges. i applaud what they re doing, but i condemn the timing. it s very clear the timing has everything to do with the house of representatives holding eric holder in contempt. congressman i