Obama Has A Proposal
by Big Dog on Feb 22, 2010 at 05:14 Political
Barack Obama will unveil his additions to the health care takeover plan he hopes to ram through before the next election. The New York Times reports:
President Obama will propose on Monday giving the federal government new power to block excessive rate increases by health insurance companies, as he rolls out comprehensive legislation to revamp the nation’s health care system, White House officials said.
This is an interesting concept that involves more government involvement in private industry so we need to add something to the plan.
The insurance companies have to be given power to block excessive tax increases by the US government.
Turn about is fair play and it seems that if government is going to regulate private business then it is only fair to have private business regulate government.
You see, the government does not like the idea of insurance companies raising rates to cover costs but has no problem raising taxes to cover its costs, many of which are unnecessary or wasteful. If we had reform that took away some of the things that cause insurance increases, many of which are the result of government rules, then the costs would go down.
Obama might be on to something. But instead of harassing insurance companies he needs to channel his energy toward government and its oppressive tax scheme.
Unfortunately he will not see this because he is interested in government involvement in all aspects of the private sector and our lives.
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Tags: insurance, Obama, regulation, taxes
“…if government is going to regulate private business then it is only fair to have private business regulate government.”
This is already in place. It’s called lobbying and companies do a pretty dang good job at getting Congress to do what they want them to do. This is particularly true of the insurance lobby. So when you say turn about is fair play perhaps you’re right. It’s time the government leveraged some control over them since they leverage so much control over us.
Lobbying is begging with hat in hand, not to mention money to grease the skids- it is not “regulating government”, as you so wrongly put it.
And government has no place and certainly no competence in attempting to “control” private business- anyrime they have attempted to do so, it has ended badly for the American people.
Government control is ALWAYS a very bad thing, and should be avoided like genital warts.
Well the lobbyists bribe members of Congress for more of our tax money. Have never seen them get to actually tell government to reduce taxes but using your rules Congress must send lobbyists to the insurance companies to lobby them to hold down the increases.
Lobbyists use lots of money to bribe, very different from Congress dictating what will be done in a private business.