Krauthammer: Just watch, insurance companies ruined by ObamaCare will come knocking for a bailout

posted at 5:01 pm on December 22, 2013 by Erika Johnsen

We’ve known about that ignominious little “risk corridor” provision tucked safely away in ObamaCare somewhere for awhile now, and last week, the Obama administration pulled the individual-mandate-compromising move that makes it all the more likely that such a bailout eventuality will come to pass. A few lawmakers have already started sounding the alarm on the possibility, but as all of these last-minute, last-ditch, desperately unilateral changes to crucial policy elements of the law start to add up, they might want to consider really shaking a leg on the issue when they come back from Christmas break.

I can practically hear the speeches already: “Thanks to the work of my administration, the insurance industry has come roaring back!”

Via Newsbusters:

The reason the insurers are apoplectic about what just happened is because he has now told a whole class of people, “You don’t have to be in the exchanges.” And these are people that are probably the healthier and the younger ones who are going to be outside of the exchanges. Which means that the cost to insurers of people left in the exchanges is going to be exorbitant. … The insurers understand that they are going to be ruined. And what’s going to happen as a result of this? There’s only one way out: a huge government bailout of the insurers waiting at the end of next year, and that’s an issue that Republicans ought to focus on right now. It’s the only way that ObamaCare’ll survive, and it ought to be stopped before it happens.


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There *could* be a valid unlawful takings argument, especially with the blithe disregard for the law the Administration is exhibiting at the insurance companies expense.

Jeff Weimer on December 22, 2013 at 5:11 PM

Seems to me like y’all should have been protesting louder and longer from the get go.

AH_C on December 22, 2013 at 5:13 PM

I’m guessing they like the reaping less than the sowing. Too effing bad. It’s “Toyota time.” You asked for it. You got it.

Wino on December 22, 2013 at 5:15 PM

Of course they will. That’s the way it works.

Paul-Cincy on December 22, 2013 at 5:16 PM

Breathlessly waiting for Hot Gas’ “Accountable Care Act” expert bayam to check in on this…

Del Dolemonte on December 22, 2013 at 5:16 PM

Seems to me like y’all should have been protesting louder and longer from the get go.

AH_C on December 22, 2013 at 5:13 PM

They WANTED this. They figured they’d have more customers.

Paul-Cincy on December 22, 2013 at 5:16 PM

There won’t be any bailout.

0bama WANTS the insurance companies to go bankrupt, so he can get what he really wants – Single Payer.

Rebar on December 22, 2013 at 5:22 PM

All insurers are regulated by the States.

Is Obama going to overturn the 10th Amendment? If he gets away with this…. we’re done.

I hope he gets swallowed by a volcano while eating a shaved ice.

Key West Reader on December 22, 2013 at 5:22 PM

And, you can bet that big business Republicans like John Boehner, John McCain and Paul Ryan will be all for a bailout.

bw222 on December 22, 2013 at 5:26 PM

Key West Reader on December 22, 2013 at 5:22 PM

I just choked on my pita chip while reading your comment!

I agree with you, wholeheartedly!

herm2416 on December 22, 2013 at 5:26 PM

Is Obama going to overturn the 10th Amendment?

Seems he already has…

sandee on December 22, 2013 at 5:26 PM

There won’t be any bailout.

0bama WANTS the insurance companies to go bankrupt, so he can get what he really wants – Single Payer.

Rebar on December 22, 2013 at 5:22 PM

Yes, but I think they’ve botched that. That plan only worked if they could blame the insurance companies, but it’s been obvious that the government is to blame, and that makes a huge opening for a Conservative plan when their carefully planned window appears.

DFCtomm on December 22, 2013 at 5:27 PM

Supp’d with the Devil. Spoon not long enough.

And not too big to fail.

David Blue on December 22, 2013 at 5:28 PM

Like Margaret Thatcher said. You will run out of other peoples money. Then what?

birdwatcher on December 22, 2013 at 5:29 PM

Insurers are indemified from loss experience over 3% of premium revenue from the exchanges by the “risk corridor” provision. But with few people IN the exchanges, and only those needing benefits paid being among them, and the heavily subsidized, the losses will be large.

This doesn’t even count the new Medicaid freeloaders, whose benefits will be paid 90% by the federal government for three years. They aren’t the responsibility of the insurance companies but extra premium revenue from the “young healthies” was supposed to offset the costs, now there won’t be any.

This is a tsunami of red ink ready to crash upon us.

Adjoran on December 22, 2013 at 5:30 PM

It is easy for the ignorant to criticize insurers for “going along with ObamaCare,” but the alternative was going out of business.

Don’t blame honest businesses for trying to survive.

Adjoran on December 22, 2013 at 5:32 PM

There’s no argument the public should eat the loss. The insurance companies bought into this knowing it depended on coerced customers forced to take bad deals, arbitrary political power exercised as much through regulation, favoritism and partial enforcement as through legislation, and pure partisanship. It was a deal with the Democratic Party for goods obtained by any means, fair or foul.

Supp’d with the Devil. Spoon not long enough.

David Blue on December 22, 2013 at 5:34 PM

IF you just add to the debt to be paid off by future generations under future administrations, its all free.– Right?

8 years of Santa Claus followed by lifetimes of Grinch.

KW64 on December 22, 2013 at 5:34 PM

There’s nothing honest about being eager advocates for a “policy” that is in fact a deal with one political party to force the general public to buy your products or be fined.

Deal with the Devil, get burned when it turns out (unexpectedly!) that he’s the Devil.

David Blue on December 22, 2013 at 5:37 PM

There won’t be any bailout.

0bama WANTS the insurance companies to go bankrupt, so he can get what he really wants – Single Payer.

Rebar on December 22, 2013 at 5:22 PM

Single payer means crappy doctors imported from India…..

Medical schools in the US will crater. People will flee from the healthcare field.

The US would have to “draft” people into a “heathcorp”……

The only healthcare left that will be decent will be pay for service…

redguy on December 22, 2013 at 5:39 PM

David Blue on December 22, 2013 at 5:34 PM

These carriers had NO CHOICE but to comply. They spent billions changing plans to get compliant with ObamaCare – countless man hours in IT, not to mention the costs of actuarial estimates. I guess they were stupid for thinking that they were complying with this ManDate (Obama) and counting on compliance with the Law Of The Land.

Get your facts in order. No offense, just had to respond to you.

Key West Reader on December 22, 2013 at 5:41 PM

I wonder of Obama plans to Unionize doctors and nurses? That’d just be teh awesome, huh? Government workers administering health care.

Awesomely awesome.

Key West Reader on December 22, 2013 at 5:42 PM

It’s gonna happen, because insurance companies are too big to fail.

HiJack on December 22, 2013 at 5:45 PM

“Bin Laden dead and General Motors UnitedHealthCare soon will be!”

de rigueur on December 22, 2013 at 5:46 PM

Not entirely OT: presumably Congress has standing to insist the ACA be applied as passed. But if Congress continues passive, could ordinary citizens sue in its place, on the grounds that their agent (Congress) has failed to represent them?

Just wondering.

PersonFromPorlock on December 22, 2013 at 5:48 PM

I had the unfortunate experience to spend a few days in the hospital a while back. The doctors were all Pakistanis. Very scary.

vityas on December 22, 2013 at 5:53 PM

Key West Reader – they may have had no choice to comply, but they certainly had a choice whether or not to support the bill before it was passed. The made a bad calculation by trusting Obama. Had they resisted despite Barry’s lies, the monstrosity may not have passed.

Count Mahdrof on December 22, 2013 at 5:54 PM

It is easy for the ignorant to criticize insurers for “going along with ObamaCare,” but the alternative was going out of business.

Don’t blame honest businesses for trying to survive.

Adjoran on December 22, 2013 at 5:32 PM

How were they going to go out of business?

lorien1973 on December 22, 2013 at 5:55 PM

Ya know, and people thought Nixon was a menace. He may have been tricky but he never messed with private industry like this character! Carter may have been incompetent but he never destroyed took away from citizens something they counted on for their well being. Bush may have started 2 wars and damaged the economy but he didn’t change a law that was enacted FOURTEEN times, ignoring the constitution. I’ve never seen anything of this magnitude happen to our country before. And what scares me is I don’t see a fix for it. Not while it’s in the hands of an insane man.

scalleywag on December 22, 2013 at 5:57 PM

Supp’d with the Devil. Spoon not long enough.

Deal with the Devil, get burned when it turns out (unexpectedly!) that he’s the Devil.

David Blue on December 22, 2013 at 5:34 PM

Otherwise known as: “Sleep with the Devil, sooner or later you have to f**k him”.

bofh on December 22, 2013 at 6:00 PM

The US would have to “draft” people into a “heathcorp”……
redguy on December 22, 2013 at 5:39 PM

Maybe that’s part of obama’s promised “civilian force, just as powerful as the US military”.

paul1149 on December 22, 2013 at 6:00 PM

It is easy for the ignorant to criticize insurers for “going along with ObamaCare,” but the alternative was going out of business.

Don’t blame honest businesses for trying to survive.

Adjoran on December 22, 2013 at 5:32 PM

Sorry but an “honest businessman” wouldn’t have gone along with the crap sandwich.

Rio Linda Refugee on December 22, 2013 at 6:02 PM

Single payer means crappy doctors imported from India…..

Been to a Primary Care doctor in the last ten years? They’re all foreigners.

Who is John Galt on December 22, 2013 at 6:03 PM

They helped make this bed, now let them sleep in it . . . not on penny. They can all go straight to hell.

rplat on December 22, 2013 at 6:04 PM

Sleep…dogs….fleas–yeah, that thing.

hillsoftx on December 22, 2013 at 6:09 PM

And, you can bet that big business Republicans like John Boehner, John McCain and Paul Ryan will be all for a bailout.

bw222 on December 22, 2013 at 5:26 PM

…not to worry!…those guys will make it mandatory for 22 million illegal aliens to purchase health insurance to become citizens!

KOOLAID2 on December 22, 2013 at 6:11 PM

Is Obama going to overturn the 10th Amendment? If he gets away with this…. we’re done.

I hope he gets swallowed by a volcano while eating a shaved ice poi.

Key West Reader on December 22, 2013 at 5:22 PM

FIFY

profitsbeard on December 22, 2013 at 6:12 PM

change a law that was enacted FOURTEEN times, ignoring the constitution. I’ve never seen anything of this magnitude happen to our country before. And what scares me is I don’t see a fix for it. Not while it’s in the hands of an insane man.

scalleywag on December 22, 2013 at 5:57 PM

There’s a fix…it’s called IMPEACHMENT. Unfortunately, the well-deserved impeachment bill passed by the House will spark race riots nationwide, destroying massive urban areas along the east and west coasts, leaving millions of refugees “needing help” surging into the heartland….hmmm…Boehner doesn’t have the cojones to Do The Right Thing and pass the Articles of Impeachment.

Like Boehner has any “legacy” to protect.

Who is John Galt on December 22, 2013 at 6:12 PM

Otherwise known as: “Sleep with the Devil, sooner or later you have to f**k him”.

bofh on December 22, 2013 at 6:00 PM

I thought it worked the other way around.

SubmarineDoc on December 22, 2013 at 6:14 PM

change a law that was enacted FOURTEEN times, ignoring the constitution. I’ve never seen anything of this magnitude happen to our country before. And what scares me is I don’t see a fix for it. Not while it’s in the hands of an insane man.

scalleywag on December 22, 2013 at 5:57 PM

This is done under precedent of the doctrine of “Whatchoo gonna do ’bout it?”.

bofh on December 22, 2013 at 6:16 PM

Wow, times have changed since Articles of Impeachment were produced against Bill Clinton for perjury, but not against the current “mystery man President” for violating the duly passed “law of the land” on a daily basis.

We’re in uncharted territory.

Who is John Galt on December 22, 2013 at 6:18 PM

Who is John Galt on December 22, 2013 at 6:12 PM

It would be super if they did that while he’s on vacation, sucking up more taxpayer dollars. And yea, I forgot Bill Clinton, who was impeached and all he did was lie about not having a relationship with an intern, costing taxpers millions of dollars in legal fees. I guess he’s the runner up to this clown in chief, but still, he just lied and he was a crook…this guy is DANGEROUSly insane. I’d sign a petition to have him impeached, right now.

scalleywag on December 22, 2013 at 6:18 PM

scalleywag on December 22, 2013 at 5:57 PM

Agree Completely!

esr1951 on December 22, 2013 at 6:18 PM

bw222 on December 22, 2013 at 5:26 PM

I understand the sentiment but what is the alternative? If all the insurers go tango uniform how will anyone be able to buy insurance? I’m not making a point here, I am just asking. What happens if there are no insurance companies standing?

MJBrutus on December 22, 2013 at 6:21 PM

This is done under precedent of the doctrine of “Whatchoo gonna do ’bout it?”.

bofh on December 22, 2013 at 6:16 PM

Chicago Way, backed by un-Constitutional use of the Federal Government’s outrageous power.

Who is John Galt on December 22, 2013 at 6:21 PM

There *could* be a valid unlawful takings argument, especially with the blithe disregard for the law the Administration is exhibiting at the insurance companies expense.

Jeff Weimer on December 22, 2013 at 5:11 PM

See Duquesne Light & Power, a unanimous opinion by the Rehnquist court.

You cannot regulate a legal business out a reasonable profit. Violates the due process clause of the Fifth Amendment.

Wethal on December 22, 2013 at 6:23 PM

I’d sign a petition to have him impeached, right now.

scalleywag on December 22, 2013 at 6:18 PM

Contact your local CongressPerson, that’s where it starts, in the house.

But be prepared for the Riots.

Who is John Galt on December 22, 2013 at 6:24 PM

Has anyone put together any total estimated cost for all this? It was hitting around the 2-3 trillion $$ level but now looks like 7-10 trillion $$ after the fix is in. Yet we still do not have a system that works. Krauthammer will still get paid for his opinion, the POUS still gets is Million dollar a day vacation, Congress gets their paid Christmas break and insurance companies will still turn a health profit. “WE THE PEOPLE” will have nearly 16 million more uninsured and millions more on Medicaid. The best part is “NO ONE IN GOVERNMENT IS AT FAULT”.

It is time to march. Take back our Country. By force if need be, by our deaths if it must be. Who among us will still stand to be counted. Is there anyone left? Is it just all over? Do you have the courage of your freedom loving convictions to write in and say “Yes I will stand”.

jpcpt03 on December 22, 2013 at 6:25 PM

This “Executive” who was nothing other than a community agitator who should have been nothing more than a Ward Healer ended up being POTUS.

Imagine that. Who’s next? Roseanne Barr?

/If you oppose Roseanne Barr, you’re raciss against fat peeps.

Ya racissts.

Key West Reader on December 22, 2013 at 6:26 PM

What happens if there are no insurance companies standing?

MJBrutus on December 22, 2013 at 6:21 PM

Single payer, end of the U.S., and the new Dark Age.

Who is John Galt on December 22, 2013 at 6:26 PM

Who is John Galt on December 22, 2013 at 6:26 PM

If that is the case then we should prefer a bailout, odious as it would be.

MJBrutus on December 22, 2013 at 6:28 PM

Contact your local CongressPerson, that’s where it starts, in the house.

But be prepared for the Riots.

Who is John Galt on December 22, 2013 at 6:24 PM

Good start, anyway. I didn’t even lose my insurance (yet), but I feel the people who were minding their own business, purchased the insurance they wanted and was working for them, the thug in chief ripped them off and then left town! Now they have nothing. It’s despicable.

scalleywag on December 22, 2013 at 6:32 PM

Obama administration pulled the individual-mandate-compromising move that makes it all the more likely that such a bailout eventuality will come to pass
=================

Well, as if anyone should be surprised with the Progressive/Socialist
Tards that think this is going to create/boost Job Creation,ah,..um..
spin-offs sumpins!!!

Ya know,…maybes this entire Liberal/Demotards HealthCare Operation
has been fueled, er, financed with some kind of Bail-outs to begin w
-ith, in Pelosiums,..”We Have to Pass It ,to See Whats In Its” !!!!!

canopfor on December 22, 2013 at 6:32 PM

Don’t forget the blue states who were happy to expand their Medicaid rolls, too, They’re going to be needing a bailout after the federal contribution drops in a few years.

Wethal on December 22, 2013 at 6:33 PM

What happens if there are no insurance companies standing?

MJBrutus on December 22, 2013 at 6:21 PM

MJBrutus:

Ahems,….T**s Up,..Lights Out, term thingy!!:)
(snark)

canopfor on December 22, 2013 at 6:34 PM

Single payer, end of the U.S., and the new Dark Ages.

Who is John Galt on December 22, 2013 at 6:26 PM FIFM.

America is the light of the world, and if we fall, it all goes to hell really fast. Nuclear hell, if the Iranians get their way…Isreal won’t stand quiet, and “there she blows”. We don’t need it, but the rest of the world depends on Middle East oil, and China won’t sit quietly if it dries up.

Who is John Galt on December 22, 2013 at 6:36 PM

The destruction of the private health insurance industry is a feature, not a bug for the Left.

jnelchef on December 22, 2013 at 6:39 PM

I wonder of Obama plans to Unionize doctors and nurses? That’d just be teh awesome, huh? Government workers administering health care.

Awesomely awesome.

Key West Reader on December 22, 2013 at 5:42 PM

Key West Reader: *Puts on…..Lefty Brain-Thinking Cap*,

Oooooooooh dats a Brialliant Progressive Thought,
and,———————————————-:0

It Could Work – Young Frankenstein
************* ******************

http://www.youtube.com/watch?v=10KObAQFmlY

canopfor on December 22, 2013 at 6:39 PM

I doubt currently R’s would have ANY prob with a bailout…Cruz, Lee and Paulwould object…the rest…who cares! RINOS forever dude!

winston on December 22, 2013 at 6:49 PM

“No bailout!”

Good luck with that!

rickv404 on December 22, 2013 at 6:53 PM

I think the Media should bail out Obama

Key West Reader on December 22, 2013 at 7:02 PM

MeanWhile, ………………………….

Reuters Top News ‏@Reuters 6h

Democratic senator says Obamacare could have ‘meltdown,’ hurt party http://reut.rs/JVOySE
============================

Democratic senator says Obamacare could have ‘meltdown,’ hurt party
WASHINGTON Sun Dec 22, 2013 12:21pm EST
***************************************

(Reuters) – President Barack Obama’s healthcare law could have a “meltdown” and make it difficult for his Democratic Party to keep control of the U.S. Senate next year if ongoing problems with the program are not resolved, a Democratic senator said on Sunday.

Senator Joe Manchin of West Virginia, who has urged delaying a penalty for people who do not enroll for health insurance in 2014 under the law, told CNN that a transitional year was needed for the complex healthcare program, commonly known as Obamacare, to work.(More….)
================

http://www.reuters.com/article/2013/12/22/us-usa-healthcare-idUSBRE9BL0AF20131222?feedType=RSS&feedName=topNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=992637

canopfor on December 22, 2013 at 7:10 PM

If that is the case then we should prefer a bailout, odious as it would be.

MJBrutus on December 22, 2013 at 6:28 PM

Because we all know Blue Cross/Blue Shield, Anthem, Aetna, etc. are too big to fail. When have I heard that before?

bw222 on December 22, 2013 at 7:14 PM

But be prepared for the Riots.

You didn’t think we were stockpiling arms and ammunition for zombies, did you?

Lanceman on December 22, 2013 at 7:15 PM

Who is John Galt on December 22, 2013 at 6:24 PM

Sorry. It skipped over your name when I quoted. Only time we omit names is when we don’t like someone.

Lanceman on December 22, 2013 at 7:16 PM

Don’t worry MJ Brutus, the RINOs whose butts you love to sniff will bail them out.

bw222 on December 22, 2013 at 7:17 PM

Make no mistake

This is an ipso facto repeal of the 10th Amendment.

You gonna let this happen? Even if you get called racist?

I’m racist. No Obama. No Statism. No Communism. NO Socialism.

/I hope Mooch is enjoying lotsa Lobstah and Kobe beef. Such a pig.

Key West Reader on December 22, 2013 at 7:21 PM

Don’t worry MJ Brutus, the RINOs whose butts you love to sniff will bail them out.

bw222 on December 22, 2013 at 7:17 PM

You noticed the concern trolling from Bruti as well, huh?

Lanceman on December 22, 2013 at 7:36 PM

There’s nothing honest about being eager advocates for a “policy” that is in fact a deal with one political party to force the general public to buy your products or be fined.

Deal with the Devil, get burned when it turns out (unexpectedly!) that he’s the Devil.

David Blue on December 22, 2013 at 5:37 PM

Yep. The insurance companies were too greedy and dumb to bring their long spoons.

ThePrimordialOrderedPair on December 22, 2013 at 8:02 PM

The healthcare insurance industry had another choice: opposition, as opposed to cheerleading. The bill nearly failed as it was; by normal rules and procedures it would have failed. Opposition or even lack of active support by the healthcare insurance industry must have won the day.

For those who supported the Democratic Party using state power to make people buy their products to now say, “we are innocent because we must comply” would be hypocrisy. If you had not wanted this deal with the Devil, this coercion, which falls far more on your coerced “customers” than on you, would not have applied.

Supp’d with the Devil. Spoon not long enough.

David Blue on December 22, 2013 at 8:09 PM

What happens if there are no insurance companies standing?

MJBrutus on December 22, 2013 at 6:21 PM

If the insurance companies think that there is a big bag of bailout cash available to them, then they will price their policies accordingly. Conversely, if the insurance companies think that there is no pot of bailout cash at the end of the rainbow, then they will price their policies accordingly – and, given the amount of regulatory idiocy that they have to price into their policies, this pricing will cause Obamacare to collapse.

Will a few stupid companies go under? Yes – but the smart ones will remain solvent.

The “Risk Corridor” is the Achilles heel of Obamacare (even more than the idiocy of the website design). If the Risk Corridor can be repealed (or legislatively limited), the whole thing collapses of its own weight. And I do not think that “Insurance Company Bailouts” would be a very politically popular thing for the Democrats to defend legislatively.

SubmarineDoc on December 22, 2013 at 8:12 PM

Jayne Cobb explains

Mal: You called the Feds!
Jayne: I got pinched!
Mal: Which is what happens when you call the Feds.

Jayne: The money was too good. I got stupid.

It was, and they did.

David Blue on December 22, 2013 at 8:15 PM

Contact your local CongressPerson, that’s where it starts, in the house.

But be prepared for the Riots.

Who is John Galt on December 22, 2013 at 6:24 PM

This is especially ominous when you consider the likely response (or lack therof) from both the DOJ and DHS. Gedanken territory.

bofh on December 22, 2013 at 8:16 PM

But be prepared for the Riots.

You didn’t think we were stockpiling arms and ammunition for zombies, did you?

Lanceman on December 22, 2013 at 7:15 PM

I Didn’t. Bwaaahahahahha! Neither did the feds, with multi-millions of HP rounds purchased over the last few years. BTW, HP illegal in war by long-standing International Treaty, so useless for the Army…

Who is John Galt on December 22, 2013 at 8:18 PM

I’m still waiting for the accounting report of the 2008 Obama campaign website that didn’t validate credit card donations as being from the U.S.

The first of at least a thousand frauds and Lies promulgated by this Chicago Mafia that currently operates the Executive of the Imperial Federal “Government”.

Thinks he’s standing down in January, 2017? I don’t.

Who is John Galt on December 22, 2013 at 8:27 PM

Thinks he’s standing down in January, 2017? I don’t.

Who is John Galt on December 22, 2013 at 8:27 PM

Not as long as lobster is still on the WH menu and the golf courses are still open.

bofh on December 22, 2013 at 8:57 PM

They’d be justified in asking for it as would all those people whose insurance got canceled. The only thing I wish is that they be repaid from the private funds of the dimwits who inflicted on us. Everybody who voted for it in Congress or supported it in the Administration or the OFA should have all their worldly good confiscated and made illegible for bankruptcy protection or any kind of assistance.

Of course, as a Christian, I would be morally obligated not to be so draconian, but the natural man is an enemy to God, and the natural man in me can still wish misery on people who do this much harm to others.

flataffect on December 22, 2013 at 8:58 PM

Forward!

MT on December 22, 2013 at 9:00 PM

Krauthamer late to the party as usual.
A bunch of us HotAir peasants predicted this two months ago.

LegendHasIt on December 22, 2013 at 9:17 PM

This will just be another case of “big enough to be worth taken over” disguised as “to big to let fail”.

Woody

woodcdi on December 22, 2013 at 10:19 PM

Nixon … may have been tricky but he never messed with private industry like this character!

scalleywag on December 22, 2013 at 5:57 PM

Well … Nixon did impose universal wage-price controls by executive order.

sauropod on December 23, 2013 at 12:57 AM

Nixon … may have been tricky but he never messed with private industry like this character!

scalleywag on December 22, 2013 at 5:57 PM

Well … Nixon did impose universal wage-price controls by executive order.

sauropod on December 23, 2013 at 12:57 AM

Thank Tricky Dick Nixon for EPA and OSHA, too.

gryphon202 on December 23, 2013 at 1:47 AM

And I do not think that “Insurance Company Bailouts” would be a very politically popular thing for the Democrats to defend legislatively.

SubmarineDoc on December 22, 2013 at 8:12 PM

Agree. This would be a pretty tough sell.

As for the “they want insurance industry collapse so they can go to single-payer” theory does not take into account that Obama now has no political capital, and no time to pull it off.

I think he’s done. We just need to look at the terms of his surrender (to reality, not conservatives).

virgo on December 23, 2013 at 3:06 AM

Contrary to leftist academics, whites always existed. But “Hispanics” did not, until 1973, under Nixon.

Uniting all kind of usually-brown-but-not-black people under a single heading and giving them state preferences over whites to cement their “proud Hispanic identity” in opposition to whites will surely be the most lasting legacy of the Nixon administration.

David Blue on December 23, 2013 at 3:12 AM

not one more dime….

unstinkingbelievable…

cmsinaz on December 23, 2013 at 5:24 AM

The main problem with this is, the GOP establishment loves voting for big bailouts. They’d be very unpopular this time, but they were unpopular last time too, and the Republican Party voted for them anyway.

David Blue on December 23, 2013 at 6:01 AM

. … The insurers understand that they are going to be ruined. And what’s going to happen as a result of this? There’s only one way out: a huge government bailout of the insurers waiting at the end of next year, and that’s an issue that Republicans ought to focus on right now. It’s the only way that ObamaCare’ll survive, and it ought to be stopped before it happens.

Krauthammers is correct as usual.
Once the insurance companies discover their current policies don’t match “exactly” the mandates of Zerocare and to match it the new policy becomes useless, no one would buy it, they will go bankrupt or need a govt. bailout.
Will this be GM all over again?
Was all this planned?
Once the govt. bails out the insurance companies who runs the company?
Is this the short cut to single payer along with medicaid?
Was it planned all along?
Inquiring minds….

rodguy911 on December 23, 2013 at 7:28 AM

Once the govt. bails out the insurance companies who runs the company?

rodguy911 on December 23, 2013 at 7:28 AM

The world’s greatest auto industry executive. What he did for Chrysler and Government Motors, he can do for healthcare insurance companies too.

David Blue on December 23, 2013 at 8:04 AM

Once the govt. bails out the insurance companies who runs the company?

rodguy911 on December 23, 2013 at 7:28 AM

The world’s greatest auto industry executive. What he did for Chrysler and Government Motors, he can do for healthcare insurance companies too.

David Blue on December 23, 2013 at 8:04 AM
………………………..
Maybe its just me but I find it insane to take perfectly good companies, the insurance companies, destroy them and then come to the rescue as if big vot. is the savior of last resort.
Seems rather stupid and inept to me.

rodguy911 on December 23, 2013 at 8:14 AM

And when they call for it, we need to be ready to shout out…

“Democrats, the party of evil insurance companies!”*

(* now I don’t really believe this, but the deliciousness of saying this to their believers is just too wonderful to pass up!)

dominigan on December 23, 2013 at 9:45 AM

In all seriousness now, I feel I should point out the obvious… It may have been Obama’s plan all along to ruin insurance companies so they can move for single-payor. Thus comes the problem of Republicans playing the part of unknowing accomplice… The insurance companies start to fail because of Obamacare, Obama offers to bail them out, Republicans shout about bailing them out, and… Obama declines to save them. Then what?

dominigan on December 23, 2013 at 9:47 AM

To bail out the insurance companies is to create a de-facto single payer system. Premiums and deductibles become just an additional layer of taxation.

tommyboy on December 23, 2013 at 9:49 AM

In all seriousness now, I feel I should point out the obvious… It may have been Obama’s plan all along to ruin insurance companies so they can move for single-payor. Thus comes the problem of Republicans playing the part of unknowing accomplice… The insurance companies start to fail because of Obamacare, Obama offers to bail them out, Republicans shout about bailing them out, and… Obama declines to save them. Then what?

dominigan on December 23, 2013 at 9:47 AM
…………………………..
Glad to see I’m not the only conspiratorialist in the crowd.
My take is theses guys have been playing us for a long time.It had to take years to devise a plan where heads they win tails we lose but they do it and do it quite often if you take a close look.
It’s political strategy by the best there is. Our side can’t even spell the words much less play in their league.

rodguy911 on December 23, 2013 at 10:59 AM

To bail out the insurance companies is to create a de-facto single payer system. Premiums and deductibles become just an additional layer of taxation.

tommyboy on December 23, 2013 at 9:49 AM
……………..
Exactamundo!
Consider bailed out insurance companies undoubtedly led by regime players along with Medicaid which is already being used as a single payer to sign up millions and what do you have—single payer and probably little we can or will do about it.
The only way to kill all of this is attack it at the source.
The source is who, when, where, and why declared the AFC act law was created as a tax and was he under duress when he did it?
My take and always has been is that Justice Roberts was blackmailed by the regime for illegally bringing his kids into the US from Ireland through Central America.The mighty NYT started this story and quickly ran away when they figured out what was going on.

rodguy911 on December 23, 2013 at 11:05 AM

You’ll know something is up when Bamster fires the President of Blue Cross Blue Shield and buys up most of their stock.

Meremortal on December 23, 2013 at 12:00 PM