Megyn Kelly of FoxNews interviewed me last Friday. The theme was ", who take the lead on deficit debate." She raised the important question whether our political leaders have the courage to, change the spending and tax policies to prevent government bankruptcy. Here's the interview:
After the interview I considered the question of courage and if our elected leaders and politicians to withstand enough courage of the insurance industry and its political lobby. The insurance industry has taken over the determination of the insurance policy within the Florida Chamber of Commerce and related sectors primarily. His "soft money" campaign contributions are second to none. Those of us, the ability and knowledge have to challenge the powerful interests to help a responsibility to educate our elected officials and to increase the prospect to deliberately misleading debate of these facilities.
Illogical demands of those who provide financial support can be up to constant of difficult. When I write that actuarial losses of the sinkhole maintained coverage claims in the long-term without changes to prices and/or changes in sinkhole can not, I'm sure some are dissatisfied with this position. But it is the truth, and should something be done to change the current unacceptable situation.
What is not acceptable, and the cowardly trend seems is the adoption of the false and illogical rationale for the amendment of the law or policy. "Fraud" is from the mouths of insurance lobbyists play and insurance propagandists as a basis for change. Some valid statistics support such fees ever. But while the 1950s McCarthy era was the word "Fraud", as a false basis for insurance reform is so widespread as the word "Communist" use.
I was amazed that nobody in the Florida Senate Banking and Insurance Committee the snide remark Executive attesting that insurance, that sinkhole losses are a form of "blue collar" lottery. such challenged slanderous rhetoric is used, to unfair suspicion cast and such a claim and those who help make price instructions issued by the health of someone. Senator Mike Fasano acceptance of such rhetoric was a known exception. Other senators were not position nor had the courage to challenge the statement. The pithy, but wrong the media simply repeated for free. A problem with results oriented political agendas is that many have no logical basis for implementation. You can be quite destructive. McCarthyism and the absolute proof of Iraq weapons of mass destruction are examples of what a delusional Foundation can do to influence policymaking.
The wrong code words, by the insurance industry and its lobbyists are used similarly "Fraud" and "Lottery mentality" that agenda to its result object-oriented support. When you mentioned should elected officials and regulators put into question, whether there is a sincere and legitimate reason for the insurance industry application for alleged "reform". The courage to ask for an honest debate intended required rather than support a position and vote is if we are to improve insurance market.
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