be it cars, mortgage lending or health insurance, you invite interventions on behalf of the rich and powerful. The less rich and the less powerful foot the bill. Before you tell me that members of Congress are already covered by a public health plan, reflect on the difference between giving them the power to reshape a public health plan that covers 535 people on the one hand, and a health plan that covers tens of millions on the other.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Friday, December 11, 2009
When you politicize an industry
Labels:
bias,
Congress,
healthcare,
limited government
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