Wednesday, August 19, 2009

Public Option: "Yes We Can"

Rachel Maddow deserves an award. Her astute breakdown of the health reform "situation" is brilliant. The private sector builds bubbles and takes advantages through greed and fear to the point of breaking the system. The government and regulation are the "invisible hand" that stabilizes and corrects the market.

Just watch this video:



Source: http://www.realitychex.com/
Posted by Douglas Vicenzi at 3:04 AM
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1 comment:

Anonymous said...

It's not the "private sector's" fault.

U.S. health insurance companies are a partial monopoly, protected from competition by government regulation. In some states, one big insurer will control 80 percent of the market. Not a free market by any stretch of the imagination.

So if anything the system is screwed up because of too much government intervention (by not allowing interstate competition), not because there is not enough government oversight.

Just look at how the free market works for insurance areas other than health.

2:05 PM

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