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Response to TheKentuckian (Reply #12)

Sat Mar 31, 2012, 02:06 PM

14. "We're gonna regulate them!"

Yeah, just like the SEC regulated Goldman Sachs.
The bill was written with Big Insurance literally in the Senate Finance Committee room and dictating. How can a law originating in regulatory capture not lead to more of the same? The one thing they took good care of was to order the arrangement so that the Insurance Cartel donations would keep coming and coming. Cost controls? Nope! (Unless someone is so dumb as to believe that a Medical Loss Ratio is anything but an incentive for insurers to encourage their vendors to raise their prices as quickly as possible.) Reasons for Big Insurance to keep cutting checks to the likes of Max Baucus, Kent Conrad and Bill Tauzin? Everlasting under this public-private arrangement.

"We're gonna regulate them!" Yeah. That one always gives me a laugh. A very bitter laugh, but sometimes you have to take whatever laughs you can get.

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Arrow 22 replies Author Time Post
Logical Mar 2012 OP
MrSlayer Mar 2012 #1
99th_Monkey Mar 2012 #2
MrSlayer Mar 2012 #3
Uncle Joe Mar 2012 #6
Dokkie Mar 2012 #7
99th_Monkey Mar 2012 #10
Uncle Joe Mar 2012 #4
kenny blankenship Mar 2012 #8
libtodeath Mar 2012 #20
TheKentuckian Mar 2012 #11
lonestarnot Mar 2012 #13
MrSlayer Mar 2012 #19
libtodeath Mar 2012 #21
Historic NY Mar 2012 #5
kenny blankenship Mar 2012 #9
TheKentuckian Mar 2012 #12
LineLineLineLineNew Reply "We're gonna regulate them!"
kenny blankenship Mar 2012 #14
great white snark Mar 2012 #16
kenny blankenship Mar 2012 #18
DefenseLawyer Mar 2012 #15
Johonny Mar 2012 #17
rustydog Mar 2012 #22
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