Banks rank in massive profits from Obamacare

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Remember how much President Obama and the Democrats portrayed Obamacare as a broadside to the special interests, especially the health insurers?

Nancy Pelosi said of the insurance companies, “They are the villains in this.” Obama pitched the bill as an improvement on a system that “works well for the insurance industry, but it doesn’t always work well for you.”

This sort of talk happened because the White House figured out this was a way to sell the bill to the public.

Written by: TIMOTHY P. CARNEY of Washington Examiner
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