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Wal-Mart Supports Obama Health Care Plan

Title:

Wal-Mart Supports Obama Health Care Plan

Published: Wed, 1 Jul 2009

Description: Strategic Resource Group Managing Director Burt Flickinger and Former New York Lieutenant Governor Betsy McCaughey on President Obama's health-care plan and Wal-Mart's support.

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Automatically Generated Transcript (may not be 100% accurate)

" Cable President Obama had to Virginia and the worldwide web today to make yet another sales pitch for his health care overhaul and a town hall summit. Do you sell with a -- why doesn't support. Other nations. Largest private employer. Wool mart. -- actually joining forces with the major labor union to a break a key part of the president's plan. Which would require. All large employers to offer health insurance to their workers. Part like there is managing director of the retail consulting firm strategic weakness -- McCarthy is an appointment with an account. Of a new markets and by the way -- founder and chairman of the reduce infection deaths community. We think -- completely meaningless all right so I'm on my goodness -- I don't know where to begin the story broke when I was on here yesterday about Wal-Mart. Why would Wal-Mart in conjunction. With one of the largest unions in the country the FBI -- support this point."

" Alexis. Two sides of one business once self defense and the business Wal-Mart sells a lot of prescription drugs putting health care centers and stores better for moments mrs. Two was the Warren Beatty character Joe Pendleton said in heaven can wait why lead the world than lawsuits worker lawsuits against the company. I'll Wal-Mart was brought up on charges federal election campaign to try it. Break prisoner Obama's campaign to be elected president. Lottery deal well with the White House right now this is a way to. Curry Goodwill potentially. Prevent anti trust action so it's offensive and it's the fan."

" Obama you know by the way the letter to the president and key members of congress. That came after meeting with Rahm Emmanuel you have to wonder. Okay but -- this large block this is kept the bill I don't feel this I feel how heavy is having I want showing yet that's what inside the vet. Is dangerous for people who -- currently get their insurance from their employer because this bill and the house bill. Both force employers to move their employees into low grade HMOs within five years so you've heard the president say and I'll say it again today. You can keep your plan if you like it but that is a lie because under both these bills if you up employer insurance you will be pushed. Force legally required to move into an HMO with restrictions on your access to specialists. And diagnostic tests okay Betty yesterday was picking Dick Morris I was over Fox News and and wanted to get checked me he -- election they cut -- all wrong. You can't think health care coverage for 250 million and just suggested going to cover 300 million. Without changing the number of doctors in the system. Let's increase the number doctors in the system by a 100000 and then support 300 million and offering everybody health care but we're doing -- good point but also. These bills require you hope for -- going to -- And to a very low quality. Plan with very few choices left TO even though you or your employer is paying -- it's one thing to put up with those controls if you're getting a government subsidy. But only families up to 66000. Us congress is currently considering will be offered a subsidy. Everybody else will be paying top dollar for a low grade plan so that the money will be spread further around -- just pointed out and the biggest outrage. If that members of congress exempt themselves. And other federal analysts including the president. From this requirement. They will still be able to have PPI rose fee for service high deductibles all the broad outrageous plans but the rest Abbas. All ordinary folks will be stuck in those -- miles. It doesn't look. Very much sense that somebody who is that hacked or their health care benefit policies now they say they were covering 94%. But."

" I often the ones lobbying in Maryland three years ago against healthcare benefits I you won't mark. Why the sudden change of event."

" Alexis you're completely correct that. Wal-Mart. It tax. Maryland on this issue secondly wal mart's benefits healthcare. Lower than many key competitors Kroger Costco etc. And finally. Because of -- attack against president elect President Obama during the election campaign. The administration wants to unionize Wal-Mart would check card. And potentially go after Wal-Mart to break it up on antitrust grounds so issue you referenced so correctly meeting with Rahm Emmanuel Leslie dot. This is a way to try to re direct."

" Things they don't know what. I'm not going to Wal-Mart again and liberty loving people and people who care about their families' health care. Should stop going to Wal-Mart they should be having tea parties in the parking lot at Wal-Mart because Wal-Mart is betraying its customers. All the people -- others shop what good health plans now. And are going to be forced into those that HM house but the people who work for them will say that they're not betraying them because they're finally getting the health care benefits that Wal-Mart has not stood up to for many years. But it's time Wal-Mart also remembered its customers okay that's -- let's talk -- ask some let's let's let's talk about the CIU. Here's what I find fascinating -- Wool mart has had its share of issues that the unions. You have a situation now where at least twelve I have million Americans are being a union and yet unions. Under this plan would be exempt. From these taxes. Why is it that there are signing off on this bill mean I didn't protect. Well there's a lot of Chicago style arm twisting going on Ezekiel Emanuel off for example brother of the president's chief of staff has said in print. That companies that want bailouts have to support the president's health care agenda and get your suppliers. To support it -- They're using our money to pay for support for their health agenda. Okay -- it but go ahead right."

" TV keep going Alexis. Andy Stern of SE IU is. Supported this. But in the change to win the major labor unions in the US have nots -- Johansson US CW united food and commercial workers largest union not supporting it Jim Hoffa junior Teamsters not supporting it. Frank hurt Baker's not supporting it. -- it AFL CIO not supporting and so it is Betsy and you're referencing. And this is a backstage move. To help Wal-Mart and a lot of other areas help wal mart's business but there are a lot of other issues that you've identified it really have to be looked at closely."

" And I -- patient advocate this is not good for patient. To be continued I can't let this thing ways I. -- about twenty pounds but it's horrible when you read it. The inside is a lot worse in the -- you how we think this. This one a 711. And the house -- about the -- but along okay I just find -- point two people that if this 700 pages and found the energy bill that members of congress signed off on Friday that was thirteen hundred with 300 pages of amendments. That that were added at 3 AM before this. Which you read this -- I've read much has yet that's right that's what we have you."

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