The Obamacare Barn is Burning

By Grant Davies

Originally, the "Tea Party" was an unorganized group of citizens who opposed govt bailouts. Essentially, they opposed taking money from poor and middle class people to give to failed, but wealthy, businessmen.

Somehow the media spun that threat to big govt into an organisation of radical racists. Lefties bought it. And establishment Republicans left them hanging out to dry to protect their power base in that moribund party.

So now we see the first attempts at bailing out the insurance companies in an attempt to prevent the inevitable rise in already skyrocketing insurance premiums. It's akin to throwing gas on your burning barn.

Here's an early story on this. Hard to say how much they got right or wrong at this stage.

The picture is a link to the article.



6 comments:

  1. I've become convinced crony capitalism is the single biggest threat to liberty today's republic faces. Not least because it infects both major political parties. Democrats love large rent seeking corporations that are willing to do their ideological bidding in return (ask Jeffrey Immelt how GE got a 0% effective corporate tax rate). In a perfect Democrat Party world, there is nothing but the statist government elite and a handful of monolithic corporations collecting income taxes from a population of compliant "workers". In return the state allows the corporation to do business as the state dictates. Republicans love to dispense special favors to anyone who claims these favors enhance short term economic growth. In return the politically connected pseudo-capitalist believes he/she has purchased a politician that will dispense future favors conferring market distorted competitive advantage. Over the long haul, the result is a horridly complex tax and regulation regime whose accumulated weight distorts the market to such a degree it becomes so dysfunctional as to cease operating like a market at all.

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    1. I agree on your points. I just say it a little more tersely. We live in a largely fascist country.
      (A good working definition of fascism is a society where property is privately owned but government controlled.)

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  2. Every "Tea Party" candidate that loses is the "death knell" of the movement. Every Tea Party candidate that wins is relegated to page B-6, next to the obits.

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  3. I completely accept the fascism label for what's going by your perfect definition. Ron Paul has used "corporatism" as another label for the same dynamic. All distinctions without a difference for a society organized as the collective over the individual.

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  4. @Proof: Those clever devils in the state controlled media!

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    Replies
    1. That's why they get paid the big bucks! Well, that and the "tingle up the leg'!

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