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Washington Times Editor: Obama Was Educated at Yale

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Occasional Reader9/08/2009 12:00:42 pm PDT

re: #165 subsailor68

Also, the Baucus plan, if I’m not mistaken, forces medical insurers to take on everyone who applies, prevents them from raising deductibles or capping payouts, etc.

In other words, it prevents them from managing their risk pools. Which is the very essence of the insurance business.

If this sort of thing were being implemented in Venezuela, political risk experts would be calling it “creeping nationalization”.