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March 21, 2010

The health bill neither is the "Armageddon" that the Republicans claim, nor the greatest social legislation since Civil Rights and Medicare in the 1960s. Rather, it's a warmed over version of Republican Bob Dole's individual private insurance mandate proposal from 1994. It is what Barack Obama campaigned against versus Hillary Clinton and later John McCain in 2008. But you know, that's all ancient history for the Democrats now.

Will it "cover" the uninsured millions and prevent anyone from ever again having to declare bankruptcy due to health costs? Or will millions who for one reason or another can't/won't pay the premiums (that will still be exorbitant) remain uncovered? Meanwhile will insurance companies enjoy not having to pay out on 40% of the health costs the bill says can be charged out-of-pocket as the taxpayer dumps in trillions in subsidies?

Oy. This legislation does say that insurance must be issued to everyone who pays. I guess that's progress. It might cut back on insurance company cherry picking, if they can't find a way around. After all, the potentially significant pieces of the legislation will not even begin to take effect until 2013!

So those who predict the end of time, as well as those who hail the second coming of Doctor King sorely will be disappointed. By the time fall midterm elections roll around, today's spasms of looniness will have receded in the collective memory.

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