Friday, August 21, 2009

More Democrat lies about health care reform 
Libtards say that a public option would not eliminate private insurance companies from the field, but would compete with them, keeping them honest.

This is bullshit. First of all, a public plan would pay no income tax. This alone would be a decisive blow to the private sector. But on top of that, they would face zero cost of raising capital, zero reserve requirements, and an implicit government guarantee. We all know how that shit worked out over at Freddie and Fannie.

The libtards say that the public option gives consumers more choice. No, once private insurers throw in the towel, consumers will have LESS choice, and fewer options, not more. What options are left will be MORE expensive, not less, because of adverse selection.

The libtards, including the WeeWee in Chief, point to the Post Office as an analogy. But I still stand in line at the Post Office, and adverse selection does not apply to the parcel industry.

Splash, out


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