Once again, he wages war on the private sector.

good website .

He pushes back against critics in weekly address, says absent reform, costs will continue to rise and eventually devastate the economy.Click above to watch. Transcript here.

Earlier this week, the health insurance lobby AHIP (America’s Health Insurance Plans) issued a false and dishonest report claiming that the Baucus health care bill would increase health care costs. Even the firm hired to do the analysis — PriceWaterhouseCoopers — backpedaled from the report’s conclusions. The insurance lobby’s strategy backfired as it appeared [...]

Obama Blasts Insurance Industry's 'Phony Studies' In this weekend's YouTube address, President Obama denounced the insurance industry for producing its own commissioned studies against health care reform: "It's smoke and mirrors. It's bogus. And it's all too familiar. Every time...

WOW. In this week's Presidential Youtube-Radio Address, President Obama doesn't hold back in his disdain for the The Insurance industry: They are "deceptive," "dishonest," "smoke and mirrors," "bogus," and "phony." Ouch. And, Bravo (even if it's four months too late). From The White House Website: As the health insurance reform debate enters into its final stages in Congress, the President denounces the desperate and deceptive last-ditch efforts of the health insurance companies to derail it. This is the unsustainable path we’re on, and it’s the path the insurers want to keep us on. In fact, the insurance industry is rolling out the big guns and breaking open their massive war chest – to marshal their forces for one last fight to save the status quo. They’re filling the airwaves with deceptive and dishonest ads. They’re flooding Capitol Hill with lobbyists and campaign contributions. And they’re funding studies designed to mislead the American people. Of course, like clockwork, we’ve seen folks on cable television who know better, waving these industry-funded studies in the air. We’ve seen industry insiders – and their apologists – citing these studies as proof of claims that just aren’t true. They’ll claim that premiums will go up under reform; but they know that the non-partisan Congressional Budget Office found that reforms will lower premiums in a new insurance exchange while offering consumer protections that will limit out-of-pocket costs and prevent discrimination based on pre-existing conditions. They’ll claim that you’ll have to pay more out of pocket; but they know that this is based on a study that willfully ignores whole sections of the bill, including tax credits and cost savings that will greatly benefit middle class families. Even the authors of one of these studies have now admitted publicly that the insurance companies actually asked them to do an incomplete job. It’s smoke and mirrors. It’s bogus. And it’s all too familiar. Every time we get close