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Monday, March 1, 2010

Gambler in Chief

After announcing the previous Friday, "I love Vegas," President Obama on Monday, February 22 risked all of his political capital on a healthcare proposal bet that no oddsmaker would advise.

Despite polls showing that the vast majority of Americans want to scrap the secretly crafted, bribe-laden, radical Senate healthcare overhaul bill, the Obama plan keeps dealing the same cards. His new proposal even ups the ante for pro-life Congressional Democrats, since the plan omits the House-passed Stupak amendment that clearly bans government funding of abortion.

Apparently his preferred poker buddies include the rich and influential trial lawyers' lobby. Mr. Obama's plan glaringly omits national malpractice litigation reform that would lower defensive medicine costs and keep physicians from getting forced out of medicine by "junk lawsuits."

Exchanging free market principles for federal control, Mr. Obama proposes to continue Government takeover of private industry by having his own federal officials in Washington regulate insurance rates for the whole country.

Rather than pursuing a bipartisan approach that focuses on consensus areas of practical healthcare reform, President Obama is betting the House (and the Senate and Presidency) on an already discredited, radical ideological overhaul.

This Gambler in Chief just doesn't know when to hold 'em and when to fold 'em.

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