Wednesday, May 30, 2007

Gee, I Didn't Realize Insurance Companies Could Vote

Uwe Reinhardt, a professor of economics at Princeton University was talking about the various Presidential candidates health care reform proposals on APM "Marketplace" yesterday.

Reinhardt:..."and if they're smart — what they'll come forth with is versions of the Massachusetts-Arnold Schwarzenegger plan, which is a little bit of everything. You pay off the insurance industry by letting them be the vehicle through which people get third-party coverage."

http://marketplace.publicradio.org/shows/2007/05/29/PM200705295.html

Hmmm. I wonder why we, or "our" government, would need to pay off the insurance industry to reform our health care mess? Aren't the insurance companies the reason we already pay triple the administrative costs for health care what the rest of the civilized world pays, for better care? Oh, and when did we amend the Constitution to give corporations the right to vote?

Just another example of how letting the marketplace decide, results in the worst solution for the majority. Is it any wonder some of us advocate class warfare? Or at least fighting back in the class war the elites have been waging on the middle and lower classes since 1981? ( I often am astounded at how many middle class people align themselves with the elite even though they are actually getting screwed worse than some of us with even lower incomes.)

It really comes down to reforming campaign finance doesn't it. While to not allow individuals to contribute to campaigns would clearly violate the 1st Amendment, it is only a court decision that gives corporations the same right. In the current election cycle, candidates are abandoning public funding because the rates for adverts during an election campaign are sky high. But don't we the people own the airwaves and the broadcast spectrum? It seems to me it would be in every candidates interest to regulate the costs and accessibility of air time during campaigns. This would promote democracy. Even if this does begin to tilt the scales more toward the less known candidates and parties. Competition in the marketplace of ideas is a good thing... Right?