Backing off the public option

So, now BO is backing off the public option of healthcare reform. It's just a sliver of the bill, he says. He's right. It's not the real purpose of the bill.

The real purpose of the bill is to destroy the private industry and make public healthcare the only option.

Wait, didn't I contradict myself? Some might think so.

If you "regulate" something to the point of specifying demands on an industry that cannot be met on a cashflow basis, you effectively wipe out that industry.

The dems say that "someone" needs to compete with private industries. Just think about that statement for a second. Private industries compete with one another. That's sort of the point. What if they said that someone had to compete with the "hamburger restaurant establishment." You'd just laugh. However, the health insurance companies are more complex than McDonalds, and so people seem to get confused over the part about how they have to make enough money to stay afloat...unlike the government. Now, if there is collusion between the insurance providers, price-fixing, and so on, now we're getting into the domain of where antitrust laws are applicable. Tell me: why haven't any antitrust laws been invoked to counter this nefarios corruption? Could it be that no laws have been broken? Could it be that they aren't colluding? If that's the case, then why aren't they competing for my business instead of working together to screw me? The truth is, that they are competing with one another, but the government wants to create a monopoly. In a sense, the Federal Government wants to create a price-fixing condition where none exists. It wants to create a monopoly by squeezing out the private sector, using your own money to kill your goods and services.

Another thing: I don't recall the ammendment to the Constitution that says that the Federal Government can step in and regulate the health-insurance industry. Maybe I need to brush up on my reading, but it doesn't seem to fall into the categories of minting coins, regulating interstate commerce, and protecting its citizens from foreign aggression, or declaring war. Then again, the Feds have been walking all over our contract with them for so long that people have forgotten what the purpose of the Federal government was. If you consider what they are supposed to be allowed to do, you find that it doesn't take that much taxation to do what they're supposed to be doing. However, they can't even do what they're supposed to be doing right: protecting our borders from foreign invasion, minting coins that are worth something...what good are they?

It seems that the only thing the Feds are really good at is overstepping the bounds of their authority and making it look legitimate.