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Understanding Obamacare

Go read Harpers. It's all about regulatory capture! *

The private insurance industry, as currently constituted, would collapse if the government allowed real competition. The companies offer no real value and so instead must create a regulatory system that virtually mandates their existence and will soon actually do so.

Of course, the private insurance companies are artificial persons, just like the banks, and so our democratic system mandates the successful pursuit of happiness for them -- which in their case consists of extracting as much blood from the unprotesting flesh of as many real persons as possible, in the form of profits. Be happy that you are helping them live long and prosper! It's your duty as a citizen!

UPDATE The article is also a complete takedown of Krugman's deeply bogus column here. (And how in the name of sweet suffering Jeebus is the Senate bill "fiscally responsible" when it leaves $350 billion on the table, and is still going to leave costs heading toward the stratosphere?)

NOTE * That's important because the same thing happened with the banksters. So it's all the same problem.

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a little night musing's picture
Submitted by a little night ... on

The private insurance industry, as currently constituted, would collapse if the government allowed real competitition.

If only!!!

What a great find.

I'm really sad, in a happy kind of way, to be watching over the death of the Democratic party. But clearly, it's time to go. This is not the Democratic party I used to know.

The word "responsible" has rubbed me the wrong way ever since it was used to chide my high-school antiwar activities as "not responsible". (My best friend came back with: But she always returns her library books on time!) "Financial responsibility" my sweet Aunt Fanny.

Submitted by Elliott Lake on

"I'm really sad, in a happy kind of way, to be watching over the death of the Democratic party. But clearly, it's time to go. This is not the Democratic party I used to know."

Me too... and it had better go fast, if there's to be anything left for the citizens to save. During the Clinton era, I would start wondering at things like Nafta and figure I must just not understand them, they couldn't be THAT tilted towards commerce versus humans...... once I realized if things like that didn't make sense to me (high IQ, graduate degree..) that maybe it was because they DIDN'T make sense. That they were largely what my immigrant grandfather called 'booshwa'--- BS. That's what the Democratic Party has largely become.

So, what can we do to speed up the process? Wounds heal better when you get rid of the infection faster...