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Tony Ondrusek is founder and publisher of Insurance & Financial Advisor and IFAwebnews.com.

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Now that the House has introduced health “reform” legislation, along comes Sen. Ted Kennedy with his own public health insurance plan, according to IFAwebnews.com.

The plan, according to President Obama, is designed to keep insurers “honest.”

About the only thing honest that will come out of a public health insurance plan is the Democrats’ assertion that taxes will be levied and fines imposed to pay for the plan.

Health insurance, property-casualty insurance, banking, mortgages, auto manufacturers…yep, it sounds as if Obama’s plan to socialize the U.S., a la Europe, is right on track.