How the Government Fixes Broken Things

Hey, I have a great idea.  Let's find an industry that needs fixing.  We will pass special law(s) to fix this industry.  What should the main point of the new law be to fix this?  I know, let's make everyone buy the product from the industry that needs fixing!  Then we will... whaaattt?

That is exactly what happened with "Health Care Reform." We all know now that Health Care Reform was really health insurance reform, because the health care system was not what needed "fixed" but the insurance was.  A lot of folks just wanted to expand the broken Medicare system.  That did not fly, but they did mandate everyone to have to buy health insurance.  This is already found unconstitutional, but the federal government gets to continue with this welfare bailout of insurance companies mandate while the case is being appealed to the Supreme Court.  On the flip-side it is opposite of any Federal Cases involving States Laws that are found unconstitutional by lower courts when they were unconstitutionally challenged according to the 11th amendment by the US Justice Department.

In case you do not remember the 11th Ammendment: "The Judicial power of the United States shall not be construed to extend to any suit in law or equity, commenced or prosecuted against one of the United States by Citizens of another State, or by Citizens or Subjects of any Foreign State."

Just remember this logic - when you need to fix something-the first step the government does is it orders the citizens to buy an broken product.

Whatever you do - stay safe!

Health Care Passes and is Signed

Well, I saw Obama sign the Health Care bill on CNN…sort-of. CNN was carrying the story live, when they had breaking news of how some lawmaker in the UK proposed that Israeli Ambassador get out of the UK because of the assassination in Dubai. (Interesting as there is no evidence Israel had anything to do with it besides Dubai Police saying so. An amateurish assassination with what now …20 plus agents involved to kill one guy? Gun-running is deadly business and it is more likely the guy tried to short change his suppliers or had in the past)

Anyhow – back to the signing of the bill. Before CNN cut away – Joe Biden was doing his marathon how much can he kiss Obama’s a$$ speech before he drops the f-bomb. After CNN flashes back to the signing – Obama had already signed the bill and he was grinning ear to ear.

I do not know if the Health Care Reform Bill is more good than bad. It does appear to be constitutionally questionable, but likely cannot be challenged in the courts for some time to come as there has to be some sort of “damages” before the case can be handled in court.

I hope it ends up being a good thing – but all I can say is only time will tell. What I do know is that it for sure welfare for insurance companies. Right now, health insurance is the only legalized pyramid scheme in the US. I know, I am a licensed Insurance Agent. Chances are if you pay $500 for insurance, only about $150-200 of it is actually for health insurance. It seems AIG is Obama’s favorite recipient of our tax dollars - first, with bailouts and now with this. Maybe deeper looking finds a different financial institution as all insurance companies are pretty much run by banks.

Whatever happens – Stay Safe!