Sooo... now the liberal congressmen are demanding financial disclosure from insurance companies... with no explanation why or for what purpose?
Now... since when did our countries elected officials take upon themselves the authority to demand this kind of information from private companies? I'm sorry, but this is not the job of the legislative branch of our nation. If anything it should be a job for the judicial branch.
This type of information should only be required to be given if there is a legal warrant issued from a court. This is the type of requirement that only a "criminal" investigation can demand.
It is illegal and unconstitutional.
Those demanding this should immediately be impeached.
fox news
Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's Plan
Reps. Henry Waxman, D-Calif., and Bart Stupak, D-Mich., sent a letter warning health insurers that the House Energy and Commerce Committee is "examining executive compensation and other business practices of the health industry."
In a move some fear is a reprisal for opposing President Obama's health care plan, Democrats sent 52 letters to health insurers requesting financial records for a House committee's investigation.
Reps. Henry Waxman, D-Calif., and Bart Stupak, D-Mich., sent a letter warning health insurers that the House Energy and Commerce Committee is "examining executive compensation and other business practices of the health industry."
Waxman, chairman of the committee, and Stupak, chairman of the Oversight and Investigations Subcommittee did not inform their Republican counterparts of their plans.
Health insurers have until Sept. 4 to provide Congress a detailed list of every employee who made over a $1 million dollars a year between 2003 and 2008. Democrats also want documents about conferences and any events held off company property as well as the types of transportation, lodging, food, entertainment and even gifts exchanged.
Raising the intimidation stakes: the Waxman letter offers insurers no explanation of what is being investigated or why.....
Now... since when did our countries elected officials take upon themselves the authority to demand this kind of information from private companies? I'm sorry, but this is not the job of the legislative branch of our nation. If anything it should be a job for the judicial branch.
This type of information should only be required to be given if there is a legal warrant issued from a court. This is the type of requirement that only a "criminal" investigation can demand.
It is illegal and unconstitutional.
Those demanding this should immediately be impeached.
fox news
Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's Plan
Reps. Henry Waxman, D-Calif., and Bart Stupak, D-Mich., sent a letter warning health insurers that the House Energy and Commerce Committee is "examining executive compensation and other business practices of the health industry."
In a move some fear is a reprisal for opposing President Obama's health care plan, Democrats sent 52 letters to health insurers requesting financial records for a House committee's investigation.
Reps. Henry Waxman, D-Calif., and Bart Stupak, D-Mich., sent a letter warning health insurers that the House Energy and Commerce Committee is "examining executive compensation and other business practices of the health industry."
Waxman, chairman of the committee, and Stupak, chairman of the Oversight and Investigations Subcommittee did not inform their Republican counterparts of their plans.
Health insurers have until Sept. 4 to provide Congress a detailed list of every employee who made over a $1 million dollars a year between 2003 and 2008. Democrats also want documents about conferences and any events held off company property as well as the types of transportation, lodging, food, entertainment and even gifts exchanged.
Raising the intimidation stakes: the Waxman letter offers insurers no explanation of what is being investigated or why.....
posted by XtnYoda at 7:35 AM
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