Officials don’t merely appear in their government positions. There is no factory that churns them out and places them behind a big desk. Our leaders are often elected. As such, they carry what is known as the mandate of the people. The citizenry supported the politician through donations and votes and now that politician has a high-ranking position. With it comes a promise. It can be unspoken, but it is often promised verbally to the constituents. Regardless of how it’s delivered, it’s almost always broken. It is the promise to do what is best for Read the rest of this entry »
Politics and insurance are intertwining branches of the same societal tree, and they affect each other directly every day. Insurance is one of the very few free-market products that people are compelled to purchase, and this is a direct result of political and economic pressures. Health insurance is an example of a response to the modern political environment. Health Maintenance Organizations, or HMOs, were invented by the Nixon administration in the 1970s. Their symbiotic relationship with regulation has grown ever since. Politics generate laws, and laws define exactly what can and can not be insured, and how much can be charged for it.
Insurance changes some industries completely. At this point, our health care system could not function without it. Considering that our political processes created their relationship in the first place, this is perhaps unsurprising. But the recent institution of the ACA enshrined in law what has long been true in practice; health insurance companies are now quasigovernmental organizations. They have a customer base that is legally required to work with them, and they have legal requirements to work with almost any customer. Their profitability is carefully controlled, as are the sorts of “products” which they are allowed to sell and advertise. Malpractice insurance and pricing deals for preferred HMOs make the situation even more complex.
It can be instructive to look to history for examples. The health insurance industry today is in a very similar place to where the car insurance industry was a hundred years ago. There was a major problem when people realized that an automobile could casually do more damage than the driver could ever hope to pay. It was necessary, for cars to function in society, that they be insured against the harm they could do. Compulsory auto insurance began in 1925, and now every state in the union has it. It is an uneasy solution, but it works fairly well. Politics is the art of compromise and balance, and the regulated requirement of vehicle insurance across America is a perfect example of a fair path between two extremes and a profitable industry that grew up to supply the needs of that middle road.
Construction of the White House began in October of 1792. President George Washington was president when construction was started, but never lived in the mansion. The first residents of the White House was President John Adams and First Lady Abagail, in 1800. Every president that lives in the house are allowed to make changes and additions to the house. In 1805, Thomas Jefferson, held the first Inaugural open house. During Jefferson’s presidency the White House was opened for Read the rest of this entry »
As a general rule, Government attempts to act in a way which it feels will benefit its citizens. Unfortunately, some improvement measures actually cause more issues than they intended to fix. It just goes to show that sometimes spending excessive amounts of money actually fans the flames of degradation instead of acting as the extinguisher.
The biggest issue with many bailouts is that they fail to take into account the effects of their efforts in the future. Often times they work as quick fixes but fail to solidify any significant change- Read the rest of this entry »
It is no secret that the President’s religious affiliation impacts what the general public thinks of him. Many thought that certain Catholic Presidents could never be elected because the general public wanted a normal christian to be running. No Presidential political candidate has ever successfully run as an atheist. In the current race, Romney is a member of the Mormon church and this is causing quite the controversy in the media and with the general public. No one is sure if they are willing Read the rest of this entry »
The Lincoln-Douglas Illinois senate debates of 1858 were the first to capture widespread national interest, with unprecedented press coverage and overflow crowds. Lincoln, the Republican nominee, had limited recognition, both state-wide and nationally, prior to the debates, and even though he lost the Senate election, the oratorical skills and personality he displayed served as a springboard for his emergence less than two years later in the Presidential election.
Other notable U.S. political debates include the 1960 Presidential debates between Republican Richard Nixon and Democrat John F. Kennedy. These were the first televised presidential debates, and effectively demonstrated the power of Read the rest of this entry »
That we are becoming a generation of entitlement is an alarmist and right-wing conclusion that is not backed by any evidence. Conservatives think that our entitlement society will turn us into a country of lazy people who are over-reliant on government handouts. The fact of the matter is that over 90 percent of transfer payments from entitlements go to people who are age 65 or older, disabled, or households that have worked more than 1,000 hours a year, according to the Center on Budget and Policy Priorities. These people are elderly, disabled, or the working poor. Read the rest of this entry »
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