Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (118459)	11/28/2011 1:17:34 AM
From: Jorj X Mckie	5 Recommendations of 224748

Insurers 'terrified' of Supreme Court ruling on healthcare reform law This is one of those examples of crony socialism/fascism going wrong. The insurance companies backed Obamacare because they saw that pretty much everyone was going to be forced to buy insurance and to pay them (the insurance companies). Those who couldn't afford it would get government money to pay for the insurance.That's a serious jackpot for the insurance companies. It's very similar to the toxic mortgages that were underwritten by fannie and freddie. It's guaranteed free money. And of course, no competition would ever be able to join the party because all of the government regulations would create a barrier to entry to the market. If obamacare becomes a reality we will see corruption with the insurance companies and the government agencies that regulate them that rivals anything we've ever seen in organized crime.

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