Kill Bill, Vol. 1: Meltdown with Keith Olbermann Part 21 | NewsReal Blog

Kill Bill, Vol. 1: Meltdown with Keith Olbermann Part 21 | NewsReal Blog

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Wednesday night, Keith Olbermann delivered “as promised” (to the one half of one percent of the nation that was no doubt breathlessly awaiting) his verdict on the Democrat health “reform” as it currently is constituted.

It was So Important, that Keith dubbed it the Number One Story of the Day. This is interesting, as the intro to every Countdown begins with “Which of these stories will YOU be talking about tomorrow.”

I was out and about today, and the world was hardly abuzz with talk of Keith Olbermann. In fact, when I mentioned to one fairly politically active friend at a meeting that Olbermann had come out against Harry Reid’s bill, he looked at me and said, “Really, he said THAT on Sunday Night Football?”

In a rambling rant to wrap up the show, Olbermann questioned President Obama’s courage, threatened him with a primary, held himself forth as the leader of a movement of future civil disobedience, and bizarrely recounted the exact place and time 5 YEARS ago of someone calling him a… liberal!

More on that in future segments. First, the bottom line. Olbermann joined Howard Dean in saying, “Kill the bill.”

But he went much farther (rhetorically, at least) than even ultra-liberal Dean in stating his reason for not being satisfied with the Democrats’ most recent efforts to shape by force major corporations and employers in this country to meet their social agenda.

OLBERMANN: The American Insurance Cartel is the Death Panel, and this Senate bill does nothing to destroy it… the implacable enemy of American society, the insurance cartel.

The ironic thing is, that the bill he opposes so vociferously, is apt to do just that—by inches.

The proposed law requires that everyone buy health insurance, or pay a fine to the federal government. The fine is far less than premiums would cost, so it’s basically a tax to help with Congressional Budget Office deficit scoring.

At the same time, the bill outlaws turning someone down for a “pre-existing condition.” This sets up the painfully obvious — to all but the most dense among us—incentive: Wait until you’re sick — heck, wait until you’re in the HOSPITAL — and buy insurance. You can’t be turned down.

So, the feds have created the ultimate DIS-incentive to purchase health insurance while you’re healthy. Premiums will either skyrocket, or the companies will go under. Either way, the proponents of socialized medicine have created a way to flood the system, or create a politically untenable situation for insurers.

If this bill is passed—and eventually kicks in down the road (in another weird twist) it will kill private insurance.