Waxmen's Poison for the Insurance Companies

This is about trotting out health insurance executive to go in from of some Kangaroo committee hearing to expose how evil they are for making millions. Its despicable and typical of the poisonous policies that have typified the Democrats since taking power this year:

WASHINGTON (AP) -- A spokesman for the health insurance industry accused Democrats of mounting a ''fishing expedition'' on Wednesday, as individual insurers decided whether to honor a request for financial records sought in a House committee's investigation.

Robert Zirkelbach, spokesman for the American Health Insurancance Plans, said Democrats on the panel hoped to ''silence the health insurance industry and distract attention away from the fact that the American people are rejecting a government-run plan'' as part of President Barack Obama's planned overhaul.Zirkelbach said it would be up to individual companies to decide whether to turn the records over.

Dozens of insurers received the request, part of an investigation into executive compensation and other business practices inside the industry.

A spokesman for Rep. Bart Stupak, D-Mich., said Tuesday night that 52 letters had been sent to health insurers with $2 billion or more in annual premiums. He said letters were not dispatched to other industry groups, some of which have been airing television advertising in support of Obama's call for legislation.

The request to insurance companies included records relating to compensation of highly paid employees, documents relating to companies' premium income and claims payments, and information on expenses stemming from any event held outside company facilities in the past 2 1/2 years.The requests were made in letters signed by Rep. Henry Waxman, D-Calif., who guided a portion of health care legislation through the House Energy and Commerce Committee last month as chairman, and Stupak, who heads a subcommittee on the panel.

Waxmen can either scare the insurance companies into greater support for Obama, or get his show trials, he thinks its a win, win. Personally I am not sure, its so obviously about intimidation and threats that a serious backlash could develop from this hateful move. So Karen M. Ignagni of the Health Insurance Lobby, how is that freindly approach to the Obama admin treating you?