The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: AARP tells Obama to STFU||Date: 10/5/2012 12:48 PM|
|Author: fleg9bo||Number: 647175 of 857786|
President Obama invoked AARP to defend his health care law last night [during the debate], prompting the influential group to release a statement telling him not to do that again. "...AARP has never consented to the use of its name by any candidate or political campaign," the group posted in a statement. "AARP is a nonpartisan organization and we do not endorse political candidates nor coordinate with any candidate or political party."
Obama can perhaps be forgiven for thinking he could mention AARP given how they coordinated with him to pass Obamacare, which is a golden goose for the organization.
"Thanks to its cuts to Medicare Advantage, Obamacare is expected to expand the number of seniors buying 'medigap' supplemental insurance plans," The Washington Examiner explained in an editorial. "AARP controls 34 percent of the market for such plans. According to a 2011 House Ways and Means Committee report, AARP stands to make between $55 million and $166 million from Obamacare in 2014 alone."
Good to see that AARP didn't sell out America cheaply in its "nonpartisan" quest to secure tens of millions. Now tell me about those insurance company CEO salaries again, will ya?
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|