Wednesday, October 14, 2009

Reid and the Rule of Law

Tyler Cowen of Marginal Revolution:

Harry Reid is telling the Senate Judiciary Committee that the real reason health insurance is so expensive is that they're evil monopolists...

There is talk of repealing the antitrust exemption enjoyed by the insurance industry. Whether the exemption is a good idea or not, I do not know. The relevant event is that the insurance industry seems to have turned against Obama's health care reform. Everyone who cares about American democracy and rule of law should be complaining about Harry Reid, Patrick Leahy and their allies in this move. So far I don't hear the outcry.

Set aside for a minute whether or not this is a good idea. Is it a good idea politically? Is Reid ready to hurt his personal chances in order to advance the Democrat agenda?

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