MICKEY KAUS: Panic Is An Option!

Too Big To Fail, Because We Might Need Their Help: The Obama administration has pioneered a new path to corporatism**: Screw up a government initiative so much you have to call in the big boys from the industry to fix it. … You think the White House owes the large insurers now that they’ve dispatched their experts to save healthcare.gov? It’s easy to think of dozens of situations in the next three years–assuming Obamacare survives–where Obama’s regulators will have to choose between more competition and cozier big-firm oligopolies. The first benefits consumers. The second benefits insurance company profits. They now have a big reason to favor approach #2.

It’s cronyism all the way down.