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Who can we get to sponsor a bill repealing the the McCarran-Ferguson Act ?

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:25 AM
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Who can we get to sponsor a bill repealing the the McCarran-Ferguson Act ?

The bluedog Gene Taylor told his townhall idiots that he thinks it should be changed. Is it possible to get him and the other bluedogs to sponsor a stand alone bill repealing it?

The problem is this act exempts insurers from the anti-trust laws. They are immune from competition.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=6349692&mesg_id=6349692

This has got to be fixed. Who can we get to sponsor the bill?
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:39 AM
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1. Just like communist central planning, insurance companies want to set the prices.
And the funny part is people that talk about free markets are being duped into supporting them.

Busting up monopolies has many methods. Adding competition by a public option that is strong enough to negotiate and bring prices down is one option.

Or prison terms is another option. I would guess the overlap of people with hidden bank accounts matches up pretty well with the people that have been doing those monopoly activities. And tax evasion has been a way to put corrupt people in prison for a long time. If they were in prison they would not be able to hurt people, one of the reasons for prisons.

But there are more creative options, things like breaking links between the entities, or removing the data they use, or adding noise to make it not make sense, or removing the global economic system so all the numbers in computers mean nothing. Or removing the people that operate in collusion. A strong government is one way to help fix things, jail for many violations is another way, but not the only way to get things done.

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WatchWhatISay Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:41 AM
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2. Wrong. This is the only thing keeping the insurance companies and Econocons from their
next wet dream after they destroy health reform (or at least a public option). For years they have been trying to get the right to sell insurance in any state they want. They always cloak it as giving the consumer the "right" to cross state lines to buy health insurance. What they really want is to all move to a few states that will bid the highest for them in the form of pro-insurance/bad for consumers state laws. Like the credit companies already did. But they cant because of this act.

There is nothing they would like more than for us to set off deregulation of health inusrance by repealing this law.

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:52 AM
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3. Exactly.
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