Judge Vinson Also Smacks Down Crony Capitalists

February 2, 2011 05:19


So devastating to our economy and to our notions of freedom and a free market would be this huge “hope and change” that it could indeed be a death knell to the nation as we have known it.

By C. Edmund Wright at American Thinker

EXCERPTS:

Perhaps almost as pleasing as the affirmation of individual freedom and the dismissing of a government run society is the smack down Judge Vinson’s ruling gave the concept of “crony capitalism.” And that may be just as important in the long run.

You did remember that it was 16 thousand new IRS agents — not 16 thousand new doctors — that Obama Care has plans to employ, didn’t you?

Gee, you think maybe ObamaCare was about control and not health care?

Now in the case of ObamaCare, the chief crony capitalists were the short-sighted health insurers who backed a program that would end capitalism as we know it — even as it temporarily swelled their customer base.

And let’s not overlook the media impact of crony capitalism. It gives the illusion of free market respectability to insidious socialist government programs because there is “public support” by so-called “private companies.” This spoonful of sugar helps the sour medicine go down to an electorate that all too often pays scant attention.

This was the ultimate Faustian Bargain playing out in front of all of us. And I say ultimate because it threatens to take down one seventh — or is it one sixth — of a free market economy in one fell swoop. So devastating to our economy and to our notions of freedom and a free market would be this huge “hope and change” that it could indeed be a death knell to the nation as we have known it.

Supposed capitalists in the health industry were more than willing to destroy the entire free market system for their chance to profit from it for a very short period of time. This cannot be allowed to happen — in this industry or any other — and that’s why Vinson’s ruling could really have positive ramifications down the road.

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