If the US Congress is the best congress that money can buy, and it is, why is Congress so unpopular.? Because it represents its buyers so well who are a fraction of the 1%. The popularity of Congress has nowhere to go but down when more and more people realize that this Congress no longer represents anyone other than its buyers.
What should we do? We MUST adopt public financing of elections and sharply limit the influence of lobbyists. Please see my prior post on the subject Gilded Age part 2
- Congress: Better Than Ebola, Worse Than Cockroaches and Nickelback (ken_ashford.typepad.com)
- When Whacko Birds Attack: Rand Paul Lectures Congress (redstateeclectic.typepad.com)
“Reverse Sticker Shock”: Reality-Based Evidence On Obamacare In California Amidst All The GOP Hysteria
For months now we’ve been told that the Affordable Care Act would produce a cataclysm of skyrocketing health insurance premiums, particularly in the individual insurance markets that the law most affects. Earlier this week alarms were raised particularly in California with the news that three major insurance companies had decided against participating in the health care exchanges that would offer Obamacare coverage.
So it’s a bit of a shock–sort of a reverse sticker shock–today to learn that preliminary assessments of the cost of the new, improved (because subject to new minimum coverage requirements) policies in California once the exchanges are up and running will in most cases be lower than what citizens of this high-cost state are accustomed to paying. TNR’s Jonathan Cohn summarizes the news:
Based on the premiums that insurers have submitted for final regulatory approval, the majority of Californians buying coverage on the state’s new insurance exchange…
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