The future of health care is AIG
Take a look at the congressional clawback on AIG funds; congress wants to take back the earnings of people who promised to stay with a failing company rather than move to a safer job. Now imagine the same congress in charge of national health care. When we start spending hundreds of billions of dollars on everybody’s health care, what will happen when congress looks at the polls and sees that some people’s health care is polling poorly?
What’s going to get clawed back? What will the world be like when we’re all afraid of congress taking notice of what we’re doing with “the people’s money”?
- AIG Resignation Letter: LauraW at Ace of Spades HQ
- “What possible incentive would one have to stick around and fix the problem?”
- Going Galt at AIG: Ed Morrissey at Hot Air
- “People have been calling the AIG bonus outrage ‘understandable.’ That’s a load of crap. It springs from a fundamental lack of understanding in Congress about the business world and an almost criminal lack of curiosity about the nature of retention bonuses in general, and these retention bonuses and their recipients in particular. The screeching and hollering was only ‘understandable’ as complete and total ignorance and stupidity. And that’s not even accounting for the fact that Treasury, Congress, and the Obama administration knew all about these bonuses long before being ‘outraged’ by them.”
- Resigned: Mark Steyn
- “Don’t worry: If AIG throws their departing exec a leaving party, Congress will pass a bill deeming any such event a 97 percent taxable benefit.”