Thursday, August 20, 2009

it's all in the framing

Finally! Somebody makes the point that I've been making for years, that the insurance company is a parasite in the health care works, that they serve no real function in the bureaucracy other than to skim a (very hefty) profit out of the middle. Insurance is supposed to be a form of coverage in case of disaster, not everyday life.


Scarborough seems to think that simply because there is a buck to be made here, that a buck ought to be made, but he ignores the basic precept of the free market system, which is that victory goes to the most efficient*. He doesnt want free market more than he wants to avoid using a "socialist" system, even if that system beats out the free market on its own terms.


props to Kel


* Efficiency, like talent, is only half the game. The rest of success lies with influence, propaganda, and bright shiny tassles to gull the yokels. The Market System is a lovely theory, but is often compromised by the more important Bandwagon Effect.
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1 comment:

Unknown said...

Anthony Weiner is the most intelligent congress critter I have ever had the pleasure of listening to!

8/24/2009 2:22 PM

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