vermicious_knid said:
The way that compulsory driver insurance has played out. It was pitched that increasing the insurance pool would drive down the price of premiums and State legislators rushed to implement the mandates. However the opposite occurred, knowing that drivers had to get a policy from somewhere, rates rose across the board.
Do you have a citation to back this up, because i honestly can't find it anywhere.
It is almost like someone understands how a government provided private oligopoly/cartel economy would operate.
Its more like someone just discovered newspapers exist & realized New World Order Weekly isn't widely considered to be a credible source.
If you'll pay attention, any time that I hotlink something - it will be to an accepted main stream media outlet. Most of the stuff I talk about isn't speculative, or radical, or unknown. It is just not treated in a nexus type manner or discussed at length in a "connect the dots" type fashion on corporate media organs.
I guess that is what makes it kraaazzy, just talking about it before mass media gives a thumbs up and says it is okay to discuss. Stand down, and don't get upset about something (or for that matter even figure it out on your own) until the non-stop infomercial corporate surround speakers that told us all about the aluminum tubes, the Nigerian yellowcake, and the impending level 6 swine flu outbreak tell you it is okay to acknowledge and parrot in an anti-climactic, post-passage manner.
ChrisSick said:
You do realize the article is arguing for more government regulation & oversight & discusses attempts to expand it?
The article is neither arguing for nor against anything. It is not an opinion piece.
The article is cataloging what certain States have done in addressing the nebulous of insurance price gouging techniques, and noting that any similar oversight was conveniently missing in the Federal legislation that the insurance lobbyists wrote for themselves.
This is precisely what the 'crazy left' was pointing out was going to happen if the proper regulation controls were not put in place.
Defying California’s new insurance commissioner, Blue Shield of California has refused to delay Davejones-span controversial health insurance rate hikes for 60 days that prompted an uproar among customers who are seeing successive increases over the last five months of up to 59%.
Insurance Commissioner Dave Jones immediately condemned Blue Shield’s move, saying the company acted on its own without consulting him. Jones discounted Blue Shield's characterization of its action as “unprecedented,” noting that a new state law requires all insurance rate hikes to undergo scrutiny by outside actuaries.
Jones, however, has limited authority to stop rate increases. He can only do so in cases where an insurer spends less than 70% of premium income on healthcare expenses.
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DevilsReject
Cleveland, OH
February 2007
JAN 19, 2011 03:48 PM
The house voted to repeal it today and the repeal won.
It still has to pass the Senate if they ever choose to vote on it, and Obama would have to sign the legislation approving the repeal.
The only way i think it could happen is if the house, senate and presidency went republican in 2012.
vermicious_knid
Shreveport, LA
February 2008
APR 14, 2010 07:38 PM