Starting in 2014, the private sector insurance business industry is gone

RUSH LIMBAUGH:

What you really do is you go out and you regulate these businesses out of business. You regulate them with Obamacare and new tax law, and then as these industries and the businesses in them start getting into real trouble, then you -- Obama, the destroyer -- go in as Robinhood, the white knight, and you're going to save the day! And the American people applaud! "He cares!" The architect of the problem, Barack Obama (and his Democrat Party target an industry) wreak great damage on it, and then volunteer to "save" it like they did the auto industry by taking it over.

And that perverted process has cost taxpayers billions of dollars. The president is warning the country that every other industry he crushes will get the same treatment. And what is one of the next industries to get this treatment? The private health insurance industry. That's one-sixth of the economy. That's going to be nationalized. That's already been done. That's Obamacare. Private sector health insurance, within three years, is gone. Starting in 2014, the private sector insurance business industry is gone.

See, I Told You So: Obama Says He Wants to Repeat Auto Takeover in Every Industry