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Re: Whalatane post# 205278

Sunday, 10/16/2016 10:36:22 PM

Sunday, October 16, 2016 10:36:22 PM

Post# of 253527
I agree in general with you but in reality the legislative and executive branches are captured by moneyed interest.

To wit Obamacare is so lame itself is because it is the product of what is political possible and not what it could and should have been. The product ofa sausage making process when most if not all sausage makers contributed either tainted meat or hormone enhanced and antibiotic treated ingredients. Not exactly a healthy product at the end.

In this case, Obama had to coddle the middlemen ie the private insurance industry into the system. Remember how Dubbya and the GOP introduced Medicare Part D without any funding and prohibiting the biggest elephant in the room aka the federal gvt as Medicare from negotiating price reduction against the pharmas.

So within that context and history , how in the hell can "free mkt" practice ever prevail ? Free mkt as I have come to understand in the 45 yrs I have lived here is basically rentier mentality and concentrated oligopolistic pricing power. lol
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