I posted this on a different thread the other day
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From the same people who gave us Social Security, Medicare, Medicaid and who could forget, Veterans Health Care.........
It’s the new ObamaCare!
Because they have experience in collecting taxes and mismanaging everything!
scary isn’t it?
In both his news conference and infomercial, the President almost taunted private insurers abIout “competing” with his proposed “public option”. As a by-product of the Chicago Machine, “competition” to him may mean something different than what most of us would assume, like the same rules, a level playing field, things like that. Has anyone heard about eliminating the barriers private companies have for interstate sales? Mandates? Of course not.In the private sector, premiums are a function of: Risk; the cost of actual previous experience; administrative expenses; taxes; profit (he hates that word) margin and RESERVES FOR FUTURE CLAIMS,(the reserves for VA,zero;Medicaid,zero; Medicare,$31trillion UNFUNDED liability). Private insurer costs are offset by investment earnings that a “public option” won’t have. What replaces not only the investment earnings but lost investment capital for the economy? Isn’t it clear Obama wants to control both risk and capital,the 2 primary elemnts of a market economy? An unlevel playing field tilts the “game” Chicago Machine style to the “public option” and will lead, through “competition” to the desired goal, a single payor system. To paraphrase Alinsky: the organizer must have sight of the long term goal, but must work towards and appreciate UNCHANGABLE incremental successes. Go Comrade Go.