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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (121464)3/22/2010 10:08:46 AM
From: Freedom Fighter2 Recommendations  Read Replies (1) of 132070
 
KT,

I don't even find it necessary to read through the new health care legislation or wade through all the propaganda from both sides. Everything you need to know is apparent in the stocks of the Insurance, Hospital, and Drug stocks. They have all been doing well and are up again today.

Basically, it's a giant wealth transfer from tax payers to health care companies that may or may not lead to better health care for the uninsured and others, but will almost certainly lead to even greater long term unfunded liabilities for America, more administrative costs, and greater aggravation for us all.
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