Obamacare = Crony Socialism

Friday, January 7th, 2011 12:57 pm by Neal

Karl Rove had an excellent article in yesterday’s Wall Street Journal, ObamaCare Rewards Friends, Punishes Enemies. The article details how the implementation of Obamacare is rife with waivers for unions, overreaching Federal control of insurance rates (typically the regulatory turf of the States), payoffs to the AARP, and more. John at powerline rightly calls this “crony socialism.”

From Rove’s article,

In September, HHS Secretary Kathleen Sebelius began granting waivers to companies that provided workers “mini-med” coverage—low-cost plans with low annual limits on what the insurance will pay out. This followed announcements by some employers that they would have to drop these plans because they did not meet the new health law’s requirement that 85% of premium income be spent on medical expenses. … Whatever is going on here, a disproportionately high number of waivers are being granted to administration allies.

It’s not hard to connect the dots. The Obama administration is using waivers to reward friends. On the flip side, business executives will be discouraged from contributing to the president’s opponents or from taking any other steps that might upset the White House or its political appointees at HHS.

This is not what people had in mind when candidate Obama promised in his acceptance speech in August 2008 to undo “the cynicism we all have about government.”

Read the whole thing for the details. We can’t get rid of this law fast enough.

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