Michael F. Cannon of the Cato Institute:
That didn’t take long at all. Left-wing congresscritters have (re-)introduced legislation to create a “public option” in ObamaCare’s health insurance exchanges.
The Congressional Budget Office scores the bill as reducing federal deficits by $53 billion by 2019. How? Paying doctors and hospitals less! Put that on a bumper sticker!
I can’t quite comprehend why people are not outraged that government thinks it has the right to strong-arm the health care industry by saying, “you must accept our insurance, under penalty of law, and you will take what compensation we give you no matter the real-life cost.”
If it were any other entity, the government would call this behavior racketeering, but since it’s government creating this particular racket, all is well. Politicians are the biggest criminals we have.
Here is my prediction: if this bill passes, particularly if it’s shoved through congress in the wee hours on a Sunday night like Obamacare was, the demonstrations we saw after Obamacare passed will be child’s play. Congress, and state worshippers, cannot expect people to fall in line when they repeatedly shove unwanted legislation down our throats.
2010-07-22 » madlibertarianguy