Obamacare a windfall for insurers: Ex-Obama advisor

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We’ve been saying this for 2 years. Now even the people who worked for Obama are admitting that Obamacare is a crony capitalist jack.

(From CNBC.com)

Don’t believe the hype that insurance companies are getting squeezed on Obamacare. That’s the message from one of the architects of the president’s health-care law.

“All of these companies are expanding greatly in the exchanges,” Dr. Ezekiel Emanuel, former special advisor on health policy, told CNBC’s “Squawk Box” on Friday. “Their revenues are up. Their profits are up. Their stocks are up. They’re not suffering because of” Obamacare.”

And then the guy rattles on like this is no big deal. These people really do think the average American is too stupid to understand what’s going on.

Obamacare is a colossal victory for corporatism, crony capitalism, soft fascism, call it what you want.

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