Category: Double-D Cash Option
February 28, 2010
There are no two ways about it — the health care summit that took place Thursday in Washington was a sham and a farce. But it’s a fitting chapter for the bill being debated.
Barack Obama invited various congressmen to join him for a “discussion” about his latest health care takeover plot, which looks an awful lot like last year’s Senate proposal, only more expensive. Obama released his “new” plan Monday to great fanfare, though there was precious little new about it.
About one new feature, the Associated Press editorialized, the proposal “would allow the government to deny or roll back egregious insurance premium increases that infuriated consumers” via a seven-member panel of all-knowing insurance premium gurus. Funny thing is that all 50 states already require insurance companies to justify premium increases. Obama’s proposal amounts to little more than federal price controls. Yet with his best Wizard of Oz impression (pay no attention to the stuff behind the curtain), Obama asserted, “Contrary to the claims of some of my critics, I am an ardent believer in the free market.” Sure — if you say so.
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