The Whitehouse is panic stricken over the failure of Obamacare and didn’t just trip and fall on their face this morning. They quadrupled down on their live demonstration of failure.
It was obvious to even an outsider like me that they had no clue what they were doing when they made their announcement this morning. Just what do you think the insiders that know in far more detail are going to say and do? I’m not just talking about people who work for the insurance industry. The insurance industry might be successfully demonized by Obama and friends and made to be the scape-goat for Obama’s mess. I’m talking about all the government regulators of insurance. The insurance industry is highly regulated by the states. While these regulators may not understand or approve of the free market you can be sure that after a few years of contact with the insurance industry they know a thing or two about the industry.
What are these regulators are going to say about these changes? We don’t have to do much speculation. The clues are coming in:
Washington later became the first state to announce that it would not allow insurers to extend their policies. Saying that its state-based exchange was “up and running and successfully enrolling thousands of consumers,” Mike Kreidler, the Washington state insurance commissioner, expressed “serious concerns” about Obama’s move and “its potential impact on the overall stability of our health insurance market.”
“In the interest of keeping the consumer protections we have enacted and ensuring that we keep health insurance costs down for all consumers, we are staying the course,” he said in a statement Thursday afternoon.
That is the “for the public” version. What almost for certain is being said in back channels to representatives in Congress and the Whitehouse is that changes such as these would violate state law. Obama does not have dictatorial powers, as much as he might like to, and he may be able to find some legal loophole to avoid or delay enforcing Federal law upon the beleaguered insurance companies. But he cannot demand insurance companies bypass state processes and laws to make changes he thinks will work. Furthermore these people know the Whitehouse changes are complete nonsense.
Obamacare is like a train. The millions of people who are losing their insurance are the passengers on this train. The train entered a tunnel at full speed only to find the tracks weren’t fastened down (the website being non-functional). But the train can’t stop. It’s still sliding, sparks flying as the wheels get ripped off on the rocks, into the end of the tunnel which could not be dug through the rocks made impenetrable by the laws of economics. At this point there is nothing the supporters of Obamacare can do but watch the crash and attempt to avoid prosecution.
The tragedy is that the politicians responsible for the train wreck made sure they were not on the train. But this should not be a surprise to anyone. Liberals love forcing people onto trains. Obama may say he’s not a dictator but he has a fair amount in common with some of them. The obvious match being dictators who forced other people on trains which carried them to their deaths.