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Strategies & Market Trends : Ride the Tiger with CD
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To: LoneClone who wrote (174815)9/16/2009 3:20:14 PM
From: E. Charters1 Recommendation  Read Replies (1) of 312869
 
We know that the individual States balloon their costs with medicaid in order to pull down more dollars from the Feds in matching contributions. The cost overrun is perhaps 40% of the total. It is phony political stuff, not excess admin. HMOs are a whole other issue. States are cutting medicaid entitlements in order to fill up coffers of general revenue in order to keep their nephews and nieces employed and their relatives and friends with fat govmint contracts. You know its corruption. I was never holding out the United States as a paragon of "private medical care". It's not private and it's not that good. But the level of what care is affordable is better than Canada, where the care is not there. You cannot even get an MRI if you think you need one in Canada even if you pay cash. Especially if you pay cash. The issue I was disputing was quality of available care, not the base cost. Base cost to the consumer of the care is less in the States, despite the Medicaid overruns.

Really weak excuse to bring this back on topic-->

BTW. I hate neither gold miners nor doctors. For the record there are far fewer than 60,000 gold miners in Canada (there once were 60,000 CDN miners - back in 1978.),and they earn less than $168,000 per year. (they once earned about $120,000 per year)

EC<:-}
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