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2009-08-20 Home Front: Politix

House Dems probe Health Insurance executive pay. Payback?

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Posted by CrazyFool 2009-08-20 10:54|| || Front Page|| [3 views ] Top

#1 I'm sure if the Dems were actually aware of what this meant they would be against it.

Posted by gorb 2009-08-20 11:47|| 2009-08-20 11:47|| Front Page Top

#2 Oh, did I forget my /sarc tag? I don't remember.

Posted by gorb 2009-08-20 11:47|| 2009-08-20 11:47|| Front Page Top

#3 Ironically, the health insurers gave more money to the Dems last year than to the GOP.

Money well pissed away.

Posted by charger 2009-08-20 11:56|| 2009-08-20 11:56|| Front Page Top

#4 Health insurers have until Sept. 4 to provide Congress a detailed list of every employee who made over a $1 million dollars a year between 2003 and 2008. Democrats also want documents about conferences and any events held off company property as well as the types of transportation, lodging, food, entertainment and even gifts exchanged.
This is fascism. Plain and simple. Why dont they just get the IRS records to start? Probably because there are laws against that. I hope and pray the insurance companies take this to court. Tie congress up and make these morons explain themselves.

Posted by 49 Pan 2009-08-20 11:56|| 2009-08-20 11:56|| Front Page Top

#5 What you said, 49. This is amazing. Corporate cowardice has been a factor in the cretinization and legal maiming of America - if these guys don't draw a line, it will mark a dark, deep new low.

I keep wondering whether the lawlessness of the last 8 months, which has resembled Third World conditions in some respects, is not a factor in the equity markets. Of course "capital flight" requires somewhere to flee to. For now we're all in the position of Chinese officials investing their trade surplus - loathe to put another dime into the US, incl. Treasuries, really with little choice.

Disgusting spectacle, and shameful performance by Americans.

Posted by Verlaine">Verlaine 2009-08-20 12:21|| 2009-08-20 12:21|| Front Page Top

#6 Someone in the private sector needs to take a stand against government interference in business. A sign on my grandfathers desk says: "Keep the government out of business."

Posted by bman 2009-08-20 12:28|| 2009-08-20 12:28|| Front Page Top

#7 --- The courts have given the Feds huge discretion in regulating interstate commerce. Health care, if people haven't noticed, is a HUGE part of interstate commerce. The states set a lot of the rules on corporate structure, which is ultimately how the pay of corporate executives is determined. By default, corporations have more rights & privileges than human citizens of the USA - limited liability and immortality of just 2 of their advantages. So corporate executives are definitely more "equal" than the rest of us.
--- There are a lot of economic, legal, and constitutional issues on the regulation of corporations to be brought to light, and IANAL. Personally I favor drastic restrictions on the amount of damage corporations are permitted, and the institution of a death penalty for corporations, e.g., do sufficient damage to the country, the offending corporation will be liquidated, and all compensation & capital gains it has paid will be clawed back to mend the damage.
That said, this probe is obviously simply harassment & vindictiveness on the part of House Dems.

Posted by Anguper Hupomosing9418 2009-08-20 12:48|| 2009-08-20 12:48|| Front Page Top

#8 Did these naive executives expect any consideration for their accomadation with the government? I'm just reminded of the parable of the scorpion. "It is my nature to sting."

Posted by whitecollar redneck 2009-08-20 13:07|| 2009-08-20 13:07|| Front Page Top

#9 Private sector pay ain't non of your dam bidness... Kapish???

Posted by Percy Spons4194 2009-08-20 13:09|| 2009-08-20 13:09|| Front Page Top

#10 What he (Percy) said.

Posted by Perfesser 2009-08-20 13:40|| 2009-08-20 13:40|| Front Page Top

#11 To me this is just Red on Red. Both the pols and the execs are operating in environments in which they are pretty much immune to what should be operating checks and balances to behaviors. Each has manipulated their institutions to be in a place outside either the popular electorate or the stockholders reach. The longer they stay in, no matter how effective or ineffective, they may individually be, the system allows them to continue to reward themselves. Whether it's stacking the company Board or the Party selection machine, it's the same.

Posted by Procopius2k 2009-08-20 13:55|| 2009-08-20 13:55|| Front Page Top

#12 Sounds like Waxman and Stupak need to be visited in the dead of night by "three ghosts" - bent on increasing the ghost population. People like Waxman have no concept of "popular government" or "individual freedom and personal rights". He needs to be shown the door.

Posted by Old Patriot">Old Patriot 2009-08-20 15:16|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2009-08-20 15:16|| Front Page Top

#13 IMHO state-chartered corporations are not exactly 'private sector.' Corporations were created by government & do not have inalienable rights like real people do.

Posted by Anguper Hupomosing9418 2009-08-20 17:01|| 2009-08-20 17:01|| Front Page Top

#14
I'd love to see one (or all) of those companies tell Waxman "NO".

Just "NO".

Posted by Parabellum 2009-08-20 17:04|| 2009-08-20 17:04|| Front Page Top

#15 "Nice insurance company you got. Shame if something happened to it". It's the Chicago way.

Posted by DMFD 2009-08-20 18:25|| 2009-08-20 18:25|| Front Page Top

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