Thursday, July 3, 2008

A Point and Shoot Camera for $8,000

A lesson for health insurance

By John LaPlante

Categories: Insurance Regulation

Having bought a point and shoot digital camera for $300 a few months ago, I can relate to David Catron's article on health insurance mandates, which recently ran in the American Spectator. Here's an excerpt from the beginning of the article:

You: I'd like to buy a basic point-and-shoot digital. No special features, just something basic that doesn't cost too much. I'd like to spend about $300.

Clerk: We have this GalactoMaximus ZX27000 SLR, with 19.8 effective megapixels on a 38.0 x 26.0 mm CMOS sensor, shutter speeds from 1/10,000 second to 60 seconds, a 1/250 second flash synchronization, E-TTL II flash metering, ISO Speeds of 100-2600 ...

You: Ah...how much does that thing cost?

Clerk: It's on sale for $7,995.99