Doesnt Create Competition News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You think that is free competition? no, government has a legitimate role in setting some rules of the road. when it comes to insurance -- >> we are talking about competition and not rules of the read. >> companies are making huge profits they should respond to human need. >> let's stay on topic. i have to do this, guys. i want to pull up these screens. i tried to log on to the obamacare website. i got to the poimt they asked for security questions. i answered three. i pressed start your account and it gave me an error message and said try again later. i went back three different times and thre...

From these insurers. >> i think as capitalists we should all say that's a good thing. >> capitalism -- >> too many of these health companies were not responding -- >> government does not create competition. >> you said it was working. eric just said a moment ago, lots of people, 40 million had no insurance and they were going on people with preexisting conditions. >> it wasn't working, juan, because it was not a freedom market. as many progressives like to advocate. >> you changed your position. now you say it wasn't working and before you said it was. >> let's beacon sis -- be consistent. it ...

91% default rate. >> not bad. it is better than the green energy push. >> juan is repeating the government and we had this great free market and health care before obamacare and that's what ruined it all. before obamacare, they were responsible for half of all health care expenditure. that will go up and up. just like ethanol and just like housing and student loans, it will result in massive wealth destruction for all. this whole idea government can create competition is a continue business. ad sh dash -- contridiction. >> you want to be honest about money. if you are in the market for a priva...

Right now. hi, welcome to "cashing in." our crew, jonathon, michelle and juan williams. welcome, everyone. i am betting a lot of you have not heard about nonprofit insurers that will sell coverage in obamacare. they are getting $2 billion in low interest government loans. one already went bankrupt and went under. now 10 others are struggling and that could leave taxpayers on the hook for a billion dollars. jonathon, sounds like salindra. >> it is. it is government intervention into what should be a private mark. you can have a billion dollars of taxpayer money literally going down the tubes....

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