Both are fundamentally about making you buy hand over money to a government-backed private mafia – the insurance industry – for “coverage.”
Which doesn’t mean you’ll get anything in return … except empty pockets.
One “family” of this mafia is the car insurance mafia. Another – the newest – is the heath insurance mafia, which recently secured from the Great Don in Washington what the car insurance “family” has had for decades: The power to make you an offer you can’t refuse.
Mandatory insurance – that is, insurance at gunpoint – is an example of cartel or crony capitalism. Rather than offer their services on the free market, to be accepted (or not) on the merits, the insurance mafia relies on the threatened violence of the state to force you to hand over your money for “services” you may not want or need.
Other crony capitalists have been cashing in, too.
When Obamacare was passed, the law required states to establish so-called Health Exchanges, which were touted as a “marketplace” for coverage (except you couldn’t say no – an odd conception of a “market”). Several states hired private contractors to build the web sites for these exchanges. Oregon awarded the software giant Oracle Corp. a a multi-million-dollar contract to help build the state’s Cover Oregon health exchange web site.
Reportedly, at least $300 million was spent to design Oregon’s health exchange “marketplace” – and not one person actually signed up, according to Utah Senator Orrin Hatch, who chairs the Senate Finance Committee.
Ellen Rosenbaum, Oregon’s attorney general, stated that Oracle “repeatedly lied and defrauded the state.”
The state wants Oracle to cough up the coin – and has taken the company to court. But even if Oregon wins, taxpayers will lose. The federal government has its paw out now – arguing that because some of the funds used to pay off Oracle were federal grants, the federal government should be awarded the funds rather than Oregon.
Andrew Slavitt, the administrator of the U.S. Centers for Medicare and Medicaid Services (along with two U.S. senators) says that “the recoupment of funds from the state-based marketplace contractors (i.e., Oracle) is an area where the federal government has a specific interest.”
Imagine Marlon Brandon’s Don Corleone saying that, at a meeting of the Five Families.
It’s not just Oregon that’s getting the federal fisheye. Health care exchange crash-and-burns in Maryland and Massachusetts have also left potential billion-dollar craters in the earth.
It was taxpayers who were forced to hand over their money to the state of Oregon and Maryland and Massachusetts as well as to the federal government – in the same way that Luca Brasi got the Hollywood producer to cast Johnny Fontane in the movie that would make his career. (Either his signature or his brains would be on the contract.)
The federal and state governments then handed this money – other people’s money – over to Oracle. Which did with it what mobsters often do after a big score. They went on a spending spree.
But now “Uncle Brasi” is irritated.
Not because taxpayers got ripped off.
Because he feels ripped off.
He wants “his” money back. Which of course isn’t his – and never was.
Oregon Attorney General Rosenbaum says she wants to make sure “taxpayers aren’t left holding the bag,” but the fact remains they won’t be getting a refund. Best case scenario, the state recovers some of the money it snatched – and maybe won’t feel a pressing need to snatch more, at least for awhile.
If, on the other hand, the feds win and the money is turned over to them rather than the state, the state will almost certainly look (again) to taxpayers for “help” to cover the deficit.
This debacle is just one of many that can be laid at the feet of Obamacare, which – it bears repeating – was never about providing medical care to people who can’t afford it. That’s the Happy Talk used to sell it to the people. But when all is said and done, Obamacare is about feathering the nests of the big insurance companies, which are among the most profitable businesses around. They are not providing “care.”
They are getting very rich.
Because you are forced to buy coverage – and that’s not quite the same thing as being entitled to medical care.
Those who didn’t appreciate this distinction but who supported the plan are now learning – the hard way – that maybe they should have paid closer attention.
Meanwhile, the “families” squabble amongst themselves – and (for now) it looks as though the best we can hope for is to not be caught in the crossfire.
Will you help us?
Our donate button is here.
If you prefer not to use PayPal, our mailing address is:
721 Hummingbird Lane SE
Copper Hill, VA 24079
PS: EPautos stickers are free to those who sign up for a $5 or more monthly recurring donation to support EPautos, or for a one-time donation of $10 or more. (Please be sure to tell us you want a sticker – and also, provide an address, so we know where to mail the thing!)