The iStockPhoto.com free photo of the week is an absolutely adorable shot of a baby boy.
Considering that the defenders of the American free market tradition suffered a major loss today, I decided to use the picture to remind people that it the children of tommorrow who will suffer from Congress's actions.
I made the page to emphasize that the savings is the best way to fund health care.
Insurance tries to fund health care on a pay-as-you go basis. People buy a policy that pays for the expected experience of a group during the year.
One does not build equity in a pay as you go plan.
Since people do not build up equity in their insurance account, they suddenly find themselves unable to pay the premiums when the pay off.
Pelosi's plan has the nation borrowing and spending to build a massive bureaucracy with some one hundred new regulatory agencies. This plan is even worse than pay as you go. It is borrow and go.
Insurance, at its best, is a stable ponzi scheme. Yes, people get hurt on an ongoing basis as they find the hundreds of thousands thrown into the policies build no equity. When done right, the scheme does not collapse.
The health care power grab undertaken by Pelosi is an unstable ponzi scheme destines to blow up in the face of our children. This weekend's health care vote is self-destructive partisan politics at its worse.
Anyway, here's my snipy page about this weekend's vote. I hope that someone wakes up and realizes someday the best way to fund health care is to save for it. Ponzi schemes (like insurance) lead to systemic faults. Borrowing for health care leads to complete societal collapse. Saving for health care leads to a bright future.