Four Pillars of a Health Care System?

The Wall Street Journal posited this in a Wednesday op-ed.

1. Provide a path to catastrophic health insurance for all Americans.

The WSJ then supports this with old saws: being covered generally leads to better medical results, health insurance is good for the wallet, and so on.  Then they want a government solution—while they carefully avoid saying how they would pay for it:

The ObamaCare replacement should make it possible for all people to get health insurance that provides coverage for basic prevention, like vaccines, and expensive medical care that exceeds, perhaps, $5,000 for individuals.

Times to Invest in the Market

My personal stock market investing mantra has always gone like this: “The best time to invest was yesterday; the second best time is today; the worst time is tomorrow.”  I decided to take check that and see how accurate it might be, so I built a simple Microsoft Excel® spreadsheet to take a back of the envelope look.

Be Quiet

Your Betters are working.

Elon Musk, who as CEO of Tesla Motors, which is building self-driving cars, has a personal, vested interest in the matter, says we must stop criticizing self-driving cars—they’re going to save lives.  One day.

In the meantime, we’re to keep our critiques—which would actually make the cars better, safer, and more consumer friendly—to ourselves.  He knows what he’s talking about; we don’t.  And we’ll kill people if we don’t shut up with our comments.

If, in writing some article that’s negative, you effectively dissuade people from using autonomous vehicles, you’re killing people[.]

Racism of the Left

Again.  Still.

A Black-owned bakery, Fat Cupcake, baked up a batch of cupcakes to honor our President, an American who happens to be black; they titled the cupcakes “Mr President.”  Fat Cupcake described their confection on their menu as an

Oreo (™) Cookie baked inside white cake, cookies n’ cream buttercream.

It didn’t take long for the Left to start manufacturing a racist beef where none exists, thereby displaying their own racism.  Via Yelp, for instance:

Very troubling. They were serving a cupcake called the “Mr President” that had an Oreo cookie inside. When I tried to point out the racism implied, they claimed that “our current president loves Oreos.”

Apparently Bureaucrats Don’t Have Enough Control Already

The European Commission is considering unilaterally expanding the scope of its authorities.

The European Union’s antitrust authority on Friday said it was considering changes to its merger review rules to include a wider swath of technology and pharmaceutical deals that normally wouldn’t fall within its purview but could possibly harm the bloc’s internal market.

…the European Commission said it was fielding opinions from the public on whether the regulator should also probe mergers involving companies with smaller revenues.

Because instructing the big companies on the business decisions the Commission would permit them to take doesn’t have enough juice for them anymore.

Government Needs to just Butt Out

A bipartisan group of senators is pushing to include municipal bonds in bank-safety rules, the latest wrinkle in a continuing fight over how safe—and salable—the debt of states and localities would be in another financial crisis.

The proposed regulation would “allow” banks to include municipal bonds on their balance sheets in the category—mandated by existing rules requiring banks to have sufficient (government’s definition) cash to fund operations for 30 days in the next “financial crisis.”  The proposed regulation also specifies the safety rating for those munis: the banking rules’ “high quality liquid assets” category, albeit at the lowest level of “high quality.”

Obamacare Fail

The headline of this Wall Street Journal piece pretty much says it all: Average Cost of Employer Health Coverage Tops $18,000 for Family in 2016.

The sub-head, with careful reading, adds clarity: Pace of cost increase slowed by accelerating shift into high-deductible plans, new survey shows.

That cost of employer coverage, buy the way, refers to the premiums employees must pay: $18,142 for a 2016 typical employer-offered family plan, and employees have to pay 30% of that, typically, up from 29%.  Like a sergeant I once worked with liked to say, sort of, “Holy cats.”

Of Course They Are

President Obama and his Democratic allies are seizing on the exodus of private insurers from ObamaCare markets to renew their push for a so-called “public option[.]”

Never mind that the revival of this push is a direct result of the broad, expensive failure that is those same Know Betters’ Obamacare.  No, when government fails as miserably as it has done with Obamacare, the only right answer is the Progressive answer: more government.  A bigger hammer.

We can’t have competition and private enterprise do this.  We gotta have Know Betters in Government do this; us mere citizens can’t be trusted with such weighty matters.

The Progressive Socialist Goal Made Manifest

In the context of Aetna’s decision to sharply curtail its participation in ObamaMart—because such participation was costing Aetna millions of dollars—Socialist Senator Bernie Sanders (I, VT) has said openly

The provision of health care cannot continue to be dependent upon the whims and market projections of large private insurance companies whose only goal is to make as much profit as possible.

Because making money—the engine of economic growth and the economic welfare of all Americans—is inappropriate when it’s done outside Government control.  American businesses and Americans can’t be allowed to earn more than Government deems fit.  President Barack Obama (D) has held this before Sanders became a public fixture:

What’s in Store

…for the rest of us.  Kate Vershov Downing is a Liberal who has been mugged by reality.  She is—or was until she resigned—a member of the Palo Alto, CA, Planning and Transportation Commission, the city’s central planning facility for all things a private citizen might want to do.  Here’s an excerpt from her letter of resignation from that Commission, via PJMedia‘s Tom Knighton.  (Unfortunately, she’s not completely learned the mugging lesson; she and her husband are moving to another California city.)