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Hannity false claim: CBO said under Dem health bill, "23 million Americans will have to give up the health care coverage they currently have"

June 24, 2009 9:53 pm ET

From the June 24 edition of Fox News' Hannity:

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Previously:

Roll Call uncritically quotes Boehner falsehood that Dem bill leaves 23 million currently insured with no health coverage

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    • Author by harley (June 24, 2009 9:58 pm ET)
      2  
      Why would Vannity need facts and reality when he pals around with terrorists?
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    • Author by oscar the grouch (June 24, 2009 10:02 pm ET)
         
      Depending on the final details, there is the likelyhood that many will have new insurance plans at some time in the future. 23 million might be a good gues, but at this time, that's all it is, a guess. Still not sure how the new plan will affect those that could be carrying insurance now, but, for whatever reason, refuse to do so.
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    • Author by whillenbrand (June 24, 2009 10:06 pm ET)
         
      "Rick Scott is not only known for his efforts to build the “McDonald’s” of the health care industry, but his company was also forced to pay a $1.7 billion fraud settlement, the largest health care fraud settlement in U.S. history, for systematically stealing from taxpayers."

      Progressive Thinker
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    • Author by hurricaneyankee52983 (June 24, 2009 10:36 pm ET)
      3  
      Another HANNITY lie.
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      • Author by IRONY 101 (June 24, 2009 10:46 pm ET)
        3  
        Didn't Sean Hannity win an award for lying? Isn't he like the defending champion liar? Didn't he set a record for lying? ;>)
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        • Author by robyn20094113 (June 25, 2009 4:16 am ET)
          1  
          YES, YES, AND YES and more to come. He has a shrine of lying awards. He is very proud of it. It is the only thing he will ever be an expert at. well that an being a first class ASS.
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        • Author by big2xrube6146 (June 25, 2009 9:10 am ET)
          1  
          It looks like Hannity is to win the liar championship again this year. Probably going to break his own record.
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    • Author by wolf kotenberg (June 25, 2009 1:38 am ET)
      1  
      I sleep well at night knowing that Mr Hannity has no way of understanding such things and finds himself reducing the complications to a point where he actually looks and talks stupid. I don't think waterboarding will pull the truth out of him.
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    • Author by Bad News (June 25, 2009 4:50 am ET)
      1  
      Why tell the truth when a lie works so much better.


      Mr. News
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    • Author by nerzog (June 25, 2009 9:10 am ET)
      1  
      The Troglodytes are playing a cute little shell game here. The reality is that millions of people who now have private insurance would probably decide to go with a cheaper government plan. Of course, the GOP spinners, genetically predisposed lying, distort this and claim that these people will "have to" give up their current insurance.

      If there is a Hell, I hope it has a special room set aside for these professional liars.
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    • Author by latanza (June 25, 2009 12:54 pm ET)
         
      Option! There is so many OPTIONS IN OPTION we know for a fact you are an idiot now Hannity ;

      In finance, an option is a contract between a buyer and a seller that gives the buyer the right—but not the obligation—to buy or to sell a particular asset (the underlying asset) at a later day at an agreed price. In return for granting the option, the seller collects a payment (the premium) from the buyer. A call option gives the buyer the right to buy the underlying asset; a put option gives the buyer of the option the right to sell the underlying asset. If the buyer chooses to exercise this right, the seller is obliged to sell or buy the asset at the agreed price. The buyer may choose not to exercise the right and let it expire. The underlying asset can be a piece of property, or shares of stock or some other security, such as, among others, a futures contract. For example, buying a call option provides the right to buy a specified quantity of a security at a set agreed amount, known as the 'strike price' at some time on or before expiration, while buying a put option provides the right to sell. Upon the option holder's choice to exercise the option, the party who sold, or wrote the option, must fulfill the terms of the contract.[1][2]

      The theoretical value of an option can be evaluated according to several models. These models, which are developed by quantitative analysts, attempt to predict how the value of the option will change in response to changing conditions. Hence, the risks associated with granting, owning, or trading options may be quantified and managed with a greater degree of precision, perhaps, than with some other investments. Exchange-traded options form an important class of options which have standardized contract features and trade on public exchanges, facilitating trading among independent parties. Over-the-counter options are traded between private parties, often well-capitalized institutions that have negotiated separate trading and clearing arrangements with each other. Another important class of options, particularly in the U.S., are employee stock options, which are awarded by a company to their employees as a form of incentive compensation. Other types of options exist in many financial contracts, for example real estate options are often used to assemble large parcels of land, and prepayment options are usually included in mortgage loans. However, many of the valuation and risk management principles apply across all financial options.

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