Re: Massachusetts -- coming to America
The truth is, this blackout is the result of government control over the prices in the free market. Anytime you have price fixing, you have less of the commodity in question. It happened in the 70s under Nixon when he signed the price and wage fixing laws, which eventually led to high inflation and rationing. The same will result in the U.S.A if Obamacare gets implemented (if it isn't rescinded or defunded next year by the new Republican majority in congress, one can only hope).
In a year, we'll be able to say:
This 'blackout' is only a matter of poor plan execution at the federal level and failed implementation due to poor planning and risk assessment of the same.
From: <farleftof@fulctrum.com>
This 'blackout' is only a matter of poor plan execution at the state level and failed implementation due to poor planning and risk assessment of the same.
From: Notestheobvious@leftturnofamerica.com
I'm glad I don't live in this socialist state -- oh, wait, I guess I will in a few years here in the U.S.A.The Massachusetts Insurance Blackout
Insurers go on strike after Deval Patrick imposes price controls.
This week it became impossible in Massachusetts for small businesses and individuals to buy health-care coverage after Governor Deval Patrick imposed price controls on premiums. Read on, because under ObamaCare this kind of political showdown will soon be coming to an insurance market near you.
The Massachusetts small-group market that serves about 800,000 residents shut down after Mr. Patrick kicked off his re-election campaign by presumptively rejecting about 90% of the premium increases the state's insurers had asked regulators to approve. Health costs have run off the rails since former GOP Governor Mitt Romney and Beacon Hill passed universal coverage ...
http://online.wsj.com/article/SB10001424052702304198004575171782805022028.html
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