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Thread: Obama health plan would curb insurers on rate hikes

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by Redress View Post
    And that is what they did with antitrust laws...
    You mean the law which the Clinton Administration used to hound Microsoft until Gates agreed to donate billions to Left-wing causes.

    Quote Originally Posted by Redress View Post
    And that is what they did with product safety laws...
    You mean the laws that now have people seeking to regulate the proper use of hot dogs, because some kids choke on them.

    Quote Originally Posted by Redress View Post
    And that is what they did with consumer fraud laws...
    Here's a clue: Fraud is a crime, hence the government's proper role is to punish fraud.

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by RightinNYC View Post
    Antitrust laws regulate whether or not a particular company controls an industry in a marketplace. They do not set price.

    Product safety laws look at the objective safety of a product and set a minimum threshold for performance in order to allow things to be sold. They do not set price.

    Consumer fraud laws protect individuals from actual criminal frauds perpetrated by corporations. They do not set price.

    This entire thing just reeks of half-baked populism. How do they actually think this is going to work in practice?
    They don't think it's going to work at all.

    They're goal is to get it established, then show that it doesn't work because government needs more authority to make it work.

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    Re: Obama health plan would curb insurers on rate hikes


  4. #54
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    Re: Obama health plan would curb insurers on rate hikes

    Quote Originally Posted by ptif219 View Post
    Well this is different, we're talking about something really really important.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by Redress View Post
    Dav, you went the wrong way with this. OP is about a new proposed regulation. Texmaster pipes in with an example of a regulation that did not work great. I list examples of ones that do, to show that just because one does not work does not mean all do. Nowhere did I claim or suggest that examples mean everything is like that, I pointed out that flaw in another person's post. Go back and look at what I quoted, and what my response was, and note the chain of logic.
    He actually pointed specifically to occasions where the government manipulated prices (mortgages or gasoline), and the counter examples you gave were very different in nature. The government messing with prices has never worked. If it did work, the USSR would still exist.
    If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
    - Milton Friedman

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by RightinNYC View Post
    Actually, now that I think about it, they know exactly what they're doing.
    You hit it on the head- the public option was designed to put private insurers out of business. The administration denied that up and down, but it was confirmed by virtually every private economist that studied it.

    http://www.heritage.org/research/healthcare/bg2311.cfm
    Last edited by gopman; 02-24-10 at 03:33 PM.
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    Re: Obama health plan would curb insurers on rate hikes

    Quote Originally Posted by ptif219 View Post
    Nice try, but not exactly the same thing. The fillibuster has a purpose to ensure debate. The senate was intended to the deliberative body where all voices were heard. The fillibuster was not intended to require 60 votes on all pieces of legislation. The Republicans have abused the fillibuster, including holding up over 200 pieces of HR passed legislation. They have abused their power, and like all abuse of power situations (where people don't respect the responsibility that comes with the power), stripping them of that power is an intelligent option.

    The 2005 issue was the Democrats wanting to use the fillibuster for its intended purpose: to further the debate and discussion.

    I think, if you study the record, you will see the use of the fillibuster is now at an all-time high. The Republicans are abusing it.

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by gopman View Post
    You hit it on the head- the public option was designed to put private insurers out of business. The administration denied that up and down, but it was confirmed by virtually every private economist that studied it.

    The Public Health Insurance Option: Unfair Competition on a Tilting Field
    Yes, a Heritage Foundation article is certainly credible evidence for your position.... a pretty circular argument if you ask me.

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    Re: Obama to Urge Oversight of Insurers� Rate Increases

    Quote Originally Posted by upsideguy View Post
    Yes, a Heritage Foundation article is certainly credible evidence for your position.... a pretty circular argument if you ask me.
    Care to support that?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama health plan would curb insurers on rate hikes

    Quote Originally Posted by upsideguy View Post
    The 2005 issue was the Democrats wanting to use the fillibuster for its intended purpose: to further the debate and discussion.
    No, Republicans and moderate Democrats are using the filibuster as it was meant to be used- to prevent legislation that's wildly unpopular from being passed. A 2/3rds majority of Americans don't want the health care bill to be passed.
    If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
    - Milton Friedman

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