Free Markets, Free People

Daily Archives: March 5, 2012


And then there’s the crony capitalism angle to the contraception mandate

Peter Schweizer points out:

Forget for a minute the religious question and look at who wins big here: Big Pharma. This mandate is not really about condoms or generic versions of “the pill,” which are available free or cheap in lots of places. This is about brand-name birth control drugs and other devices that some consumers swear off because they are too expensive. The Health and Human Services (HHS) mandate requires health-insurance companies provide contraceptive coverage for all “FDA approved contraceptive methods.” It does not insist on generics. And it does not offer any cost containment.

What’s more, the mandate prevents health-insurance companies from having copays or deductibles for the benefit. This is the perfect set up for Big Pharma. Since the drugs will be paid for by a third party (insurance companies, who will pass the cost on to employers and the rest of us), the consumer won’t worry about the price. Expensive brand names will no doubt see demand rise. Ask more health-care analysts why the cost of medical services continues to rise so rapidly and near the top of the list is the fact that a third-party payment system won’t contain costs.

Need Big Pharma on your side in healthcare mandate struggle?  Looking for a way to put private health insurance companies out of business (or have them abandon the market)?  This is a great way to help that along.  I imagine there are other things to mandate for “free” as well, if you can get this one to stick (and have Big Pharma on your side and not screaming about it, after all, you didn’t say they had to give their stuff away for “free”).

By the way, when you finally have your way with the insurance industry and see private insurance companies get out of the healthcare insurance business, you’ll no longer need Big Pharma, will you?

When you finally have a single payer system and that single payer is government, then you will decide what will be paid for drugs and medicines, won’t you?  After all, who are they going to sell their stuff too if not the single payer?  Innovation and new drugs?  Hey, they’re overhyped.  And anyway, people who live longer cost health care providers (uh, that would be government) money.

It’s like the red kangaroo Dale talks about.  You can see this convergence coming from a mile off, but seemingly we can’t (or won’t) do a thing about it.

~McQ

Twitter: @McQandO


Economic Statistics for 5 Mar 12

The following statistics were released today on the state of the US economy:

Factory orders declined by -0.1% in January, led by weakness in durable goods, which fell -3.8%.

The ISM Non-Manufacturing Index rose five-tenths from last month to a better-than-expected 57.3.

That’s all for today, as we kick off a light week of statistics, with the exception of Friday’s Employment Situation.

~
Dale Franks
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Watching the usual “national debate” and shaking my head

And, as usual, stupid words and not on the underlying issue – government cronyism/dependency – are now the focus.

Rush Limbaugh shot off his mouth and made what is apparently a much worse faux pas than the argument made by a woman who posed as a 23 year old co-ed when in fact she’s a 30 year old reproductive rights activist.

Sandra Fluke testified before a committee chaired by Nancy Pelosi in a bit of political theater to try to justify government mandating birth control be provided “free” to all women by insurance plans.

Plenty to discuss there.  Lots.  And that should have been the sum and total focus of any discussion, the entitlement mentality she reflected in what can only be characterized as an astonishing lack of awareness of what she was asking for and why.

gty_rush_limbaugh_sandra_fluke_dm_120302_wg (1)Calling a woman a “slut” however, is a sure fire way to totally distract from the topic at hand and make yourself the topic of discussion.  Limbaugh of all people should know that (of course he might have been lulled into a false sense of security given the fact that many on the left felt secure in calling Sarah Palin everything but a child of God – Bill Maher and the “C” word as an example — and they seemingly got away with it).

So yes, the double standard was in its usual place and functioning well. 

But so what?   Everyone with a room-temperature IQ knows the game and how it works – especially Limbaugh.  So it’s hard to feel particularly sorry for a guy who claims to be so freaking media savvy doing the foreskin foxtrot and suffering the predictable result.

More importantly though, the result is the woman who should be the subject of a sound rhetorical thrashing for her disingenuousness and her collectivist arguments is now a “victim”.  She even got a sympathetic call from Obama to console her (and enable him to grab a few headlines).

We have the hypocritical left all up in arms at … Limbaugh.  The story and discussion is now about … Limbaugh.  Advertisers are now deserting … Limbaugh.  The DSCC is now fundraising off of … Limbaugh.  The media is having a field day at the expense of … Limbaugh.  Even GOP candidates are remarking about … Limbaugh.

Meanwhile the topic that should be the focus – an entitlement mentality voiced by a young woman who seems to believe it is the job of others to pay for her contraception needs – is pretty much shunted to the side.

What’s new?

~McQ

Twitter: @McQandO