More Timely Than Ever!

Wednesday, October 21, 2009

Read It and Weep

Once again, NYU's Mario Rizzo at ThinkMarkets, a FEE summer seminar lecturer, exposes the sham democracy that is the welfare state. The latest example? The Senate Finance Committee health-insurance bill (pdf).

It is 1,502 pages long and it is in legislative language. If passed, it will affect our lives in important ways. Let me suggest that you all read it carefully and then let your senators know what you think.

Of course you won’t do that and neither will I. We are rationally ignorant and we shall remain that way.

Will the senators, not on the committee, read it? I doubt it. They will be too busy giving their opinions on selected portions. However, special interests will know about the particular provisions that affect them. As to the senators on the committee, staffers will give summaries. How much they understand or care about provisions that affect the general interests in contrast to the interests that elect them is unknown.

But why worry? As the bill states at the top, its purpose is "To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes."

We're even told that "This Act may be cited as the 'America’s Healthy Future Act of 2009'."

What's the matter? You got a problem with that?

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