On Health Care & ‘Homo Economicus,’ And The Spoils Of Entrapment & Political Predation


Health Care & ‘Homo Economicus. Even the pro-Obama socialist youth of America act as “Homo Economicus”: they know they are young and healthy and unlikely to fall ill. Why should they partake in a scheme that financially punishes them for this natural advantage? Millennials want us to pay for them, not the reverse.

“Federal Health Care Enrollees: Older Outnumber Younger”:

.. more than 2 million people who have signed up for private [it’s not private: “A healthcare cauldron of Obama’s creation, government-run exchanges constitute a planned economy, not a market economy”] health insurance through the exchanges set up by the federal government. … Of those who signed up in the first three months, 55 percent are age 45 to 64, officials said. Only 24 percent of those choosing a health insurance plan are 18 to 34, a group that is usually healthier and needs fewer costly medical services. People 55 to 64 – just below the age at which people qualify for Medicare — represented the largest group, at 33 percent.”

Speaking of the Dah Factor, or of the news newsmen were not anticipating (but you were):

“Review Of Terrorism Cases Finds NSA Spying Helped Very Little”:

Surveillance programs run by the National Security Agency helped very little when it came to cases brought against individuals the United States says were linked to al-Qaida. …

A great deal of efforts of our spymaster “protectors” go into entrapment; concocting elaborate traps to ensnare potential “evil doers”; “setting swarthy simpletons up and then nabbing them in a so-called terrorism sting.”

More non-news:

“Majority In Congress Are Millionaires”: Of course, the reporter doesn’t tell us how the predatory political class has acquired wealth, for he doesn’t think that it’s important, nevertheless:

For the first time in history, more than half the members of Congress are millionaires, according to a new analysis of financial disclosure reports conducted by the non-partisan .
Of the 534 current members of the House and Senate, 268 had an average net worth of $1 million or more in 2012 – up from 257 members in 2011. The median net worth for members of the House and Senate was $1,008,767.

Rep. Darrell Issa notwithstanding—he made his fortune, if I am not mistaken, in business, before joining the parasites in Congress—“The political class and its sycophants utilize the political means to earn their keep. As libertarian economist Murray Rothbard reminded, these ‘are two mutually exclusive ways of acquiring wealth”—the economic means is honest and productive, the political means is dishonest and predatory…but oh so very effective.'”