Overlords

clipped from www.qando.net Apparently the fear of increased premiums in reaction to the new Health Care Reform law recently passed by Congress is prompting Senate Democrats to propose a bill that would give the federal government the power to regulate health insurance premiums. Of course, you never saw this coming, right? It appears our overlords simply do not trust those greedy insurance companies to not raise their premiums in reaction to the new law.  Or as Sen Tom Harkin explains it: “Rate review authority is needed to protect consumers from insurance companies’ jacking up premiums simply because they can. Protections must be in place to ensure that companies do not take advantage of current market conditions before health reform fundamentally changes the way they do business in 2014.” You have to laugh (or throw up a little) at the economic naiveté and pure hypocrisy contained in that statement.