Wednesday, October 14, 2009

The Mind Boggles

I have never noticed that Tyler Cowen is overflowing with compassion for his fellow man, but it seems that his heart does bleed - for the insurance companies.

There is talk of repealing the antitrust exemption enjoyed by the insurance industry. Whether the exemption is a good idea or not, I do not know. The relevant event is that the insurance industry seems to have turned against Obama's health care reform. Everyone who cares about American democracy and rule of law should be complaining about Harry Reid, Patrick Leahy and their allies in this move. So far I don't hear the outcry.

Because making insurance companies follow the same laws as most other companies is surely an outrage to rule of law and especially, democracy.

Welcome to the space cadets, Tyler. Your helmet is in the starboard garbage chute airlock.