Paul Abrams is excited about free money showing up in his mailbox. He told us all about it in this Huffington Post editorial:
Some of his reasoning seems arbitrary to me. For example:
You see, under our new healthcare insurance system, the insurers have to spend at least 80 percent of the premiums they collect from us on actual healthcare. Before, they would just pocket it, and provide for executive bonuses, yachts, private jets, memberships to country clubs — all of which are wonderful, it is fine for them and others to enjoy them, but not with my healthcare dollars, thank you very much.
Why is it fine for them and others to enjoy these luxuries, but not with his healthcare dollars? What about his health care dollars so different in substance for his standard issue Federal Reserve notes that the government must dictate special rules as to how they may be allocated within businesses? Read the rest of this entry »