these insurance companies. the democrats need to point to this as to remind voters, frankly, of the importance of passing this bill in the first place. we needed to rein in this industry. this industry is dominated by a cartel of big insurance companies that are more beholden to wall street than they are to us and to our own children. you know, i expected the fight back, but i didn t expect them to go after the preexisting condition. at this voter value summit, this is mike huckabee. i thought he was a preacher, but this is what he said about preexisting conditions. it s such a warm message to say, and we re not going to deny anyone from a preexisting condition. okay, fine. then let s do that with our property insurance. and you can call your insurance agent and say, i d like to buy some insurance for my house. he d say, tell me about your house. well, sir, it burned down yesterday, but i d like to insure it today.
he s the author of the forthcoming book deadly spin. mr. potter, good to have you with us tonight. thank you, ed. who is doing it, and what are they doing? well, the insurance companies are showing their true colors. soon after the president signed this bill into law, they were tripping over themselves to as part of their pr charm offensive to say they d be accelerating one part of the bill, to be sure they were covering young people up to the age of 26 on their parents policies, which the new law requires. that will take effect this week. that was they re not even making good on that promise. what we re seeing now is what they re doing is showing that they have the interest of wall street more at heart than they do the young people of this country. so does the bill have teeth? what can the government do? what can the congress do? the law has been passed and now you ve got complete defiance by
people of this country. okay, so, does the bill have teeth? what can the government do? what account congress do in the law has been passed and now you have got complete defiance by these insurance companies? the democrats need to point to this as to remind voters, frankly, that of the importance of passing this bill in the first place. we need it to rein in this industry. this industry is dominated by a cartel of big insurance companies, big for-profit insurance companies that are more beholden to wall street than they are to us and certainly to our own children. you know, i expected the fight back, but i didn t expect them to go after the pre-exi pre-existing condition. that the voter values summit this is mike huckabee, i thought avenues preacher but this is what he said about pre-existing conditions. such a warm message to say and not going to deny anyone from a pre-existing condition. fine. let s do that with our property insurance. and you can call your insurance agen
insurance companies bottom lines and it really is sickening, isn t it? joining me now is wendell potter, senior fellow at the center for media and democracy and he is the author of the forthcoming book, deadly spin, an insurance company insider speaks out on how corporate pr is killing health care and deceiving americans. mr. porter, good to have you with us tonight. thank you, ed. who s doing it and what are they doing? well, the insurance companies are showing their true colors. you might remember that soon after the president signed this bill into law, they were tripping over themselves to, as part of their pr charm offensive to say that they would be accelerating one part of the bill to be sure that they were covering young people up the age of 26 on their parents policies, which the new law requires and that, too, will take effect this week. that was they are not even making good on that promise, but what we are seeing now is what they are doing is showing theft intere
how in the world do you answer that? it feels it feels this is the same wall street garbage that has been thrown out there as to why we can t create jobs. let me give you this for an answer. how about $30 billion to community banks around the country loosen up the credit lines, get lending going and let small businesses thrive? well, of course, the republicans have been against that, too. so you see, the american dream isn t dead but it was on life support for a while with, because, you see, the republicans regain power, they are ready to pull the plug to on damn near everything president obama has been able to accomplish. i m doing everything in my power to stop them and that s why with i will be there october 2nd. hundreds of thousands of americans will flood the mall on october 2nd and join the fight to keep the american dream alive. and it will be more than a feeling. there s facts and figures to go along with everything that s gonna be said from this broadcaster. every ameri