The Markets Have Spoken

Much to the dismay of liberals across the country, the markets have spoken in support of HR 3590's passage.  I find it quite ironic that throughout this whole process the left has been screaming that the people are either on the side of healthcare reform or the insurance companies.  I mean, if you were even PAYING ATTENTION at all, the majority of the villianized insurance and medical lobbies were FOR the bill.

But even before the president spoke, the Pharmaceutical Researchers and Manufacturers of America -- whose $26.1 million lobbying effort in 2009 was the most expensive by any industry lobby in history -- hailed the health package as "important and historic."

The second-biggest industry lobby in America, the American Medical Association, also cheered, as did the American Hospital Association, the No. 5 industry lobby. Throw in the goliath senior lobby AARP and Beltway powerhouse General Electric, and you realize Obama's underdog tale is all bark and no bite.