Investors Business Daily got this wrong.  Way wrong.  The section in
question defines which insurance policies will be grandfathered in
under the bill.  If a policy is grandfathered in, it is not subject to
the onerous restrictions on private health insurance that are set forth
in the bill.  For our sake, I hope that IBD's story isn't quoted by too
many people because it will make the bill's opponents look bad.

However, the provision in question should be scrutinized for other reasons that
demonstrate why conservatives have a problem with the bill.  Very few
policies will remain grandfathered in and all new policies will be
subject to the absurd rules that the bill lays out for private plans.
This will SEVERELY drive up the costs of private insurance, which will
make the "public option" a much cheaper alternative.  I can only
imagine the extent to which the bill will operate as a massive transfer
of persons from private to public plans (at a great cost to
taxpayers).  So, while the bill doesn't outlaw private insurance, it
does almost everything it can to eliminate it.  Mr. Bozell is right;
the bill severely limits health care choice.  

Of course we cannot count on the media to examine these issues.

We have so many people who can't see a fat man standing beside a thin one without coming to the conclusion that the fat man got that way by taking advantage of the thin one.

-Ronald Reagan

You know some of these sites wouldn't even get but a few bloggers, Drudge links it and all hell breaks loose, LOL, When the totus smashed, I went to abc jake, and there was basically zilch in comments, I swear 5mins after drudge linked it 3 hrs later mind you the place went crazy, probably the most hits that joint had all month LOL

Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Thursday, July 16, 2009
By Penny Starr, Senior Staff Writer

Vice President Joe Biden (AP Photo)

(CNSNews.com) – Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.
 
“And folks look, AARP knows and the people working here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it. It can’t do it financially.”
 
“We’re going to go bankrupt as a nation,” Biden said.
 
“Well, people when I say that look at me and say, ‘What are you talking about? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, I’m telling you.”
 
The event, sponsored by the AARP – which supports the Obama administration’s plan – was attended by mostly AARP members who were bussed in for the meeting.
 
Biden told the group that the Obama health plan will not eliminate people’s ability to choose their health care insurance and that people who cannot afford insurance will be covered by the plan.
 
“They’ll be a deal in there so there’s competition, so what you’ll have in there is you’ll have the ability to go in there and say, ‘Now look, this is the policy I want. This is the one,” Biden said.
 
“And those people who can’t afford to get in there, up to a certain income, we’re going to subsidize them, you get in there and we’ll help you pay for it,” Biden said.
 
After opening remarks by Biden and AARP CEO A. Barry Rand, the audience asked questions, which were fielded by Biden, Health and Human Services Secretary Kathleen Sebelius and Nancy Ann DeParle, director of the White House Office of Health Reform