Friday, August 21, 2009

Left on a Joe Klein thread.

Yesterday I refered to 'the circles you travel' in an effort to defend your gratuitous "I criticize Liberals too" disclaimer in an otherwise refreshingly candid article. Today you reward me by ignoring the fact that Charles Krauthammer is clinically insane.

I know I've been sidetracked and this is seemingly off topic but when I was looking for an example of an 'evil corporation' for a post a few days ago, I went immediately to a Rent-To-Own Site because I know they are in the business of gouging the poor. Until I went to their site, I didn't realize how thoroughly they do so. They offer a $180 two week loan at a flat fee of $30 dollars and hence charge and legally collect 521.43% APR. You thought that the 18-22% the credit card companies get was unconscionable? The point is simple. Corporations are not constrained by conscience. The only way to avoid shameless exploitive behavior is to either make it prohibitively expensive or illegal altogether.
I think the debate often gets sidetracked when we talk about parasites and make it seem that we're seeking revenge for insurance companies greed. Like the proverbial scorpion crossing the river, Insurance companies can, should and do whatever they can get away with. Our job is to make sure that 'what they get away with' actually serves the public.

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