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"Investors upbeat about health care bill" - 3/24/2010 4:05:29 PM   
Vendaval


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While everyone is examining the positive and negative impacts of the new legislation, here is some additional information to add into your analysis.



Investors upbeat about health care bill


By Adam Shell, USA TODAY

"NEW YORK — Costly health care reform was supposed to kill the Wall Street bull market. But there were more winners than losers on the first trading day after the House passed the landmark bill. The initial takeaway from investors is that President Obama's 10-year, $940 billion plan will not act as a profit-killing drug for the hospitals, insurers, pharmaceutical companies and medical device makers affected by the changes.

As Wall Street sees it, the bill, which will provide health insurance to an additional 32 million Americans, will result in greater demand for prescription drug purchases and medical care at doctors' offices from a new customer base with the ability to pay for their care. That revenue will offset the tens of billions in fees and taxes health care firms will pay to subsidize the plan.

"The more people insured, the greater demand there is for health care and more customers that can pay," says Jack Ablin, chief investment officer at Harris Private Bank."

http://www.usatoday.com/money/markets/2010-03-23-healthsectors23_ST_N.htm







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RE: "Investors upbeat about health care bill" - 3/24/2010 4:10:58 PM   
pahunkboy


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...a bail out for the insurance industry.

your 401k is next.

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:15:23 PM   
Vendaval


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What do you mean by that?

< Message edited by Vendaval -- 3/24/2010 4:20:29 PM >


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"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:18:44 PM   
pahunkboy


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7 large ins cos have not repaid TARP.   They are not solvent.

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:20:50 PM   
Vendaval


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What does that have to do with your 401K?

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:20:51 PM   
pahunkboy


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http://online.wsj.com/article/SB123914741752198971.html on that they took TARP

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:22:35 PM   
pahunkboy


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quote:

ORIGINAL: Vendaval

What does that have to do with your 401K?


The IRS enforces the new law.   They can seize it.

Then you have the fed - wants to us 401k as collateral for treasury notes.   Not yet- but soon.  That is the plan.

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:39:35 PM   
Vendaval


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Please stay on topic.

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:41:41 PM   
Jeffff


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Ignore Him. He is a puppet of J.P. Morgan

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RE: "Investors upbeat about health care bill" - 3/24/2010 4:45:55 PM   
pahunkboy


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The insurance industry WROTE the health care bill.

So of course their stocks are up.

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