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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    What's it going to be, Republicans? Markets or monopolies?


    By Adam Smith, Section News
    Posted on Mon Nov 10, 2008 at 06:18:49 PM EST
    Tags: (all tags)

    This year's election shows what happens when Republicans forget they should support competition over bailouts. So why are some Lansing Republicans saying they want to bail out Blue Cross?

    Earlier this year, Republicans provided the key votes in the Senate to kill competition in the state's electric markets. They overturned a competitive electric system that had led to lower rates and inreased reliabliity since being put in place by Gov. John Engler in 2000. The PAC dollars handed out by the two major utilities were astrononmical. And they carried the day over entrepreneurs, competition and -- believe it not -- consumer groups.

    Yes, around the state consumer groups are supporting competition. But key Republican lawmakers are not!

    Now comes the latest in these battles, with Blue Cross asking for power to crush competitors with its bills that would force all insurers to raise their rates and take on all customers -- even though Blue Cross is given special tax exemption to do just that. In other words, Blue Cross stays tax exempt but doesn't have to do its "social mission," while other insurers will have to pay taxes and take on the social mission. Here is a Detroit News story on this: http://www.detnews.com/apps/pbcs.dll/article?AID=/20081110/BIZ/811100354/1001

    This will destroy competition in our state for health insurance -- and Blue Cross knows it. So does Mike Cox, who is fighting hard to stop the Blues from killing competition and raising rates of all. So do newspapers around the state who are editorializing for these bills to stay out of lame duck.

    Now, here is the question: Will Republicans stand up, with consumers, to support competition? Or will they join the Democrats in crushing competition and handing out yet another government-created monopoly to a special interest?

    What would John Engler do? That answer is easy. What will the Republicans who say they are eager to re-brand themselves as supporters of business, competition and free enterprise do? Support one big company -- or all companies?

    The answer will tell us a lot about how we can expect Republicans to fare in the 2010 elections in Michigan. What will be the Michigan Republican Brand? Will it be for free markets and competition? Or will it be for special interests and PAC dollars?

    < Big Government v Parental Rights | More on the Mt. Hope Attack >


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