Insurance Stocks Plunged As Reid Announced Public Option, Spiked After Lierberman Vowed to Filibuster It

Posted by Audiegrl

harry reid and joe liebermanThinkProgress/Zaid Jilani—Yesterday, Senate Majority Leader Harry Reid (D-NV) announced that he would be including a version of the public option (with a state opt-out provision) in the Senate’s final health care bill. Although all of the details of the public plan are yet to be determined, progressives cheered the move. As Sen. Dick Durbin (D-IL) admitted, without all the pressure that progressives in and out of Congress put on legislators, it is unlikely there would have been a public option included in Reid’s final bill.

Yet this afternoon, Sen. Joe Lieberman (I-CT) broke with the Democratic caucus that he is a member of and vowed to join a Republican-led filibuster if the public option is not removed from the bill. In response, insurance company stocks — which plummeted Monday as Reid made his announcement — shot up after Lieberman made his announcement around 1:30 pm

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4 Comments

Filed under Democrats, Independents, Partisan Politics, Politics, Uncategorized

4 responses to “Insurance Stocks Plunged As Reid Announced Public Option, Spiked After Lierberman Vowed to Filibuster It

  1. Lie-berman is a weanie who has lost ALL contact with being a Democrat.. he needs to be called on the carpet and given an ultimatum…

    What has he done to deserve his status in the conference?

  2. SouthernGirl2

    Joe Lieberman is a snake in the grass. Why didn’t they kick him to the curb when he endorsed John McCain? He simply can’t be trusted!

    Arrrrrrrrrrrrrgh….I can’t take him!

  3. SouthernGirl2

    “it is a good reminder of all the political back-stabbing he has done to Democrats”.

    He back stabs everytime! He is a first class weasel!

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