“Market” Discipline

capitalistpig In the department of nuff said, a quotation from this morning’s edition of The New York Times:

[I]nsurance companies have never wavered. Starting two weeks after the 2008 election, they have said they would accept greater federal regulation of their market practices if Congress also required everyone to have [private-sector] health insurance.

Note the Times‘ de rigueur omission of the crucial phrase “private-sector.”  Nuff said x 2.