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Originally Posted by Excaliber
jolsen42, Calvin Woodward article is quite rambling and unfocused. Using numbers from that same article it could be said Insurance companies make about 6% profit. So which is it, 2% or 6%? Here's a hammer, here's the jello, now nail something down. 
In addition, from the same article, Health Insurers are #35 on Forbes list for "profits", a decent showing! Drugs, medical products and services are in the top ten. No question all these groups are tied at the hip!
Woodward is a KNOWN Obama basher, he has been known before to stretch the facts to support his position. One example: He claims the debt Obama took over from the Bush era was "really Obama's" debt to begin with. It wasn't Bush's fault! Yeah right, he goes on and uses some twisted logic to make his case. Kind of like he is doing right now with the Health Insurer groups.
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I didn't find it rambling at all. What he said was "Health insurance profit margins typically run about 6 percent, give or take a point or two. That's anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones.
Profits barely exceeded 2 percent of revenues in the latest annual measure."
Rambling?, it seems rather straight forward to me.
You say that Woodward is an Obama basher. A KNOWN Obama basher. Known by whom? Because he points out what a Charlatan Obama is. This must be what you were referencing.
http://newsbusters.org/blogs/tom-blu...ct-check-obama
Where is it incorrect?
John O