Wexler endorses Ted Deutch for Congress
Tampabay.com

Comment Policy

    Please be sure your comments are appropriate before submitting them. Inappropriate comments include content that:
  • Is libelous
  • Is abusive, harassing, or threatening
  • Is obscene, vulgar, or profane
  • Is racially, ethnically or religiously offensive
  • Is illegal or encourages criminal acts
  • Is known to be inaccurate or contains a false attribution
  • Infringes copyrights, trademarks, publicity or any other rights of others
  • Impersonates anyone (actual or fictitious)
  • Solicits funds, goods or services, or advertises
  • The St. Petersburg Times does not edit posts but reserves the right to delete comments that violate our policy.

    Report abuse: abuse@tampabay.com

Winner and loser of the week | Main | GOP goes on Miami radio to bash Obama »

October 25, 2009

Wexler endorses Ted Deutch for Congress

U.S. Rep. Robert Wexler, D-Boca Raton, threw his support today behind Ted Deutch to replace him in Congress. Deutch was also endorsed by U.S. Reps. Debbie Wasserman Schultz, Ron Klein and Alcee Hastings.

“Ted will be a leader in Congress on critical national security issues including supporting the unbreakable bond between the United States and Israel," Wexler said. "Ted understands the threat posed to the United States and Israel by a nuclear Iran, and he has been a national leader on the issue through the passage of his landmark legislation mandating that the retirement funds of Florida workers can not be used to support Iran’s illicit quest for nuclear weapons.”

Wexler recently announced he will quit Congress in January to take a job with the Center for Middle East Peace and Economic Cooperation.

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Well at least Deutsch lives in South Florida.

Anyone who would trust a Democrat to keep Israel secure after the things Obama is doing, needs to have their head examined. I will never vote for a Democrat again.

Wexler lives in Maryland so how can he endorse anyone?

THE CLAIMS

_"I'm very pleased that (Democratic leaders) will be talking, too, about the immoral profits being made by the insurance industry and how those profits have increased in the Bush years." House Speaker Nancy Pelosi, D-Calif., who also welcomed the attention being drawn to insurers'"obscene profits."

_"Keeping the status quo may be what the insurance industry wants their premiums have more than doubled in the last decade and their profits have skyrocketed." Maryland Rep. Chris Van Hollen, member of the Democratic leadership.

_"Health insurance companies are willing to let the bodies pile up as long as their profits are safe." A MoveOn.org ad.

THE NUMBERS:

Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries. As is typical, other health sectors did much better - drugs and medical products and services were both in the top 10.

The railroads brought in a 12.6 percent profit margin. Leading the list: network and other communications equipment, at 20.4 percent.

HealthSpring, the best performer in the health insurance industry, posted 5.4 percent. That's a less profitable margin than was achieved by the makers of Tupperware, Clorox bleach and Molson and Coors beers.

The star among the health insurance companies did, however, nose out Jack in the Box restaurants, which only achieved a 4 percent margin.

UnitedHealth Group, reporting third quarter results last week, saw fortunes improve. It managed a 5 percent profit margin on an 8 percent growth in revenue.

Van Hollen is right that premiums have more than doubled in a decade, according to a Kaiser Family Foundation study that found a 131 percent increase.

But were the Bush years golden ones for health insurers?

Not judging by profit margins, profit growth or returns to shareholders. The industry's overall profits grew only 8.8 percent from 2003 to 2008, and its margins year to year, from 2005 forward, never cracked 8 percent.

The latest annual profit margins of a selection of products, services and industries: Tupperware Brands, 7.5 percent; Yahoo, 5.9 percent; Hershey, 6.1 percent; Clorox, 8.7 percent; Molson Coors Brewing, 8.1 percent; construction and farm machinery, 5 percent; Yum Brands (think KFC, Pizza Hut, Taco Bell), 8.5 percent.





Read about Obama and his Birth certificate.


http://www.obamacrimes.com/

LOL, Wexler does not even live in FL.

He's a fraud.

The comments to this entry are closed.

About This Blog

From the writers of the St. Petersburg Times, The Buzz offers the latest news in Florida politics. This is a public forum sponsored and maintained by the St. Petersburg Times. When you post comments here, what you say becomes public and could appear in the newspaper. You are not engaging in private communication with candidates or Times staffers.

E-mail Times political editor Adam Smith:
asmith@sptimes.com.

Subscribe to | Bookmark this Blog

Advertisement


Political Connections

Join Times Political Editor Adam Smith and Bay News 9 anchor Al Ruechel as they invite guests to discuss and debate the hot political topics making news, every Sunday on Political Connections.

Latest Stories on PolitiFact.com

CQ Politics Blog

Real Clear Politics Polls

Politics Headlines from the AP