Public-Private Syndicates a.k.a Pacts with the Devil
Posted by Dr. Larry Hunter on September 21, 2009, 12:27 PM

The federal government is demanding that Humana cease and desist writing their clients letters urging them to oppose efforts to cut Medicare benefits.  It is a perfect example of how a public-private syndicate such as Medicare chills political speech and basically requires companies to give up their constitutional rights of free speech and petition for redress of grievances.  In the aftermath of the bank bailouts, we are now also seeing the same attempt to control private companies’ behavior in efforts to impose salary caps on bankers. 

Government always works the same way where businesses are concerned.  First they create a public-private syndicate between government and select businesses in the name of serving some “unmet public need” or “correcting market failure.”  Businesses slobber all over themselves buying into the syndicate in order to nurse at the public teat and eliminate competition.  But like any deal with the Devil, government always extracts its pound of flesh in payment by imposing severe restrictions on the private syndicate members even requiring that they “voluntarily” (as a term and conditions of the contract with the government) give up their rights.

While one might find the government’s demands unreasonable and thuggish, what can one really expect?  This kind of thuggish behavior is in the very nature of government, like the scorpion stinging the turtle.  There is no remedy for it except to avoid public-private syndicates to begin with. 

One is hard pressed to have much sympathy for the companies when they come crying about government abuse.  The companies made their pact with the Devil to feather their own nests at the expense of the American taxpayer.  Uncle Sam has now come to collect their souls.  

Blog Comments

No Entries

New Comment




simple_captcha.jpg
(type the code from the image)

 
 

Action Center

Patient Opt Out

What's New?
Get the latest happenings

Mad Enough?
Join the Fight

Stop the Raid!
Sign the Petition

No Health Rationing!
Sign the Petition

No More Bailouts!
Sign the Petition

Seniors Sound Off
Submit your Blog Posts

Please Support SSI
With Your Online Donation

Recent News

Democrats Wave Social Security Bloody Shirt

September 2, 2010
FactCheck.org says White House and Democrats are distorting Social Security issue:  "The president claims Republican leaders are as eager to 'privatize' Social Security as they are to repeal his health care law. That's not true."
Read Full Story

Smackdown of Obama by Supreme Court may be inevitable

August 22, 2010
Source: Examiner.com
According to sources who watch the inner workings of the federal government, a smackdown of Barack Obama by the U.S. Supreme Court may be inevitable.
Read Full Story

Social Security Cuts Weighed by Panel

August 20, 2010
Many Washington insiders predict that any 2011 debate on Social Security will focus on the issues of benefit cuts and tax increases. In addition to raising the retirement age, which is now set to reach age 67 in 2027, specific cuts under consideration include lowering benefits and trimming annual cost-of-living increases.
Read Full Story

How to escape 'cyber past'

August 18, 2010
The private lives of young people are now so well documented on the internet that many will have to change their names on reaching adulthood, Google’s CEO has claimed.
Read Full Story

Obama’s (Latest) Social Security Whopper

August 16, 2010
Source: FactCheck.org
President Obama claimed that Republican leaders are pushing to make "privatizing Social Security a key part of their legislative agenda" should they regain control of the House and Senate. He said this is "right up there on their to-do list with repealing" parts of the new health care law.  FactCheck.org finds the president’s claim to be mostly false.
Read Full Story

Threat to Boomers' Retirement

August 16, 2010
Older workers, who typically fared better than their younger counterparts in recessions, have been hit just as hard by layoffs this time around. As a result, the fraction of people 65 or older who are working has leveled off after a long period of growth. As of July, it stood at 15.9%, down from 16.3% in mid-2008.
Read Full Story

Read All Recent News



Please Sign up for 'Recent News' Updates

Senior Resource Center

Social Networks