3/17/10: Insurance Salesman Claims Premiums Will Fall By 3000%

Ladies and Gentlemen, the smartest man in the world:

(Skip to the 1:06 mark for the money quote)
Source: The Lonely Conservative

Three. Thousand. Percent. Riiiight.

Ed Morrissey at HotAir points out the sheer absurdity of this claim:

Memo to the White House: one can only reduce cost on an item 100%. That makes it free.

Source: HotAir

Of course, none of this should surprise you. After all, President Obama has no idea how the insurance industry works, anyway.