Thursday, December 24, 2009

What's Really Up With the Pre-Exisiting Conditions Clause

Peter Schiff has a solid commentary on the pre-existing conditions part of the healthcare bill.

He notes that the penalty in the bill for not buying insurance is only $750. This he points out can not stand, since it would make sense for many to just pay the penalty. Thus, he sees the $750 amount as just a place holder that will be raised, or as a method to bankrupt insurance companies.

What the hell are these evil bastards up to?

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