Actual left/right wing discussion Message Board

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Politics : Actual left/right wing discussion

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To: Lazarus_Long who wrote (176)	9/6/2006 11:50:28 PM
From: cirrus	Read Replies (2) of 10087

Free markets require that both parties to a transaction be free to accept or reject the transaction. In situations where one party has an unfair advantage governments act to restore the balance. That's why monopolies are broken - or in the case of public utilities, for example, - regulated. If you're injured in a car accident and are rushed to a hospital what bargaining power do you have? Very little. In answer to your question, what the seller paid for a house is a matter of public record. My newspaper publishes real estate transactions daily. Auto "dealer cost" is also easily available from many sources. Those transactions are pretty much fair between the buyer and sellers. Your example of a hospital settling a $50,000 bill for $8,000 suggests something is seriously amok in the health care system. Everyone gives discounts, but that much? Would you buy a $50,000 car from a dealer for $8,000? Perhaps, but you would probably think "scam" and check to see if the engine was included. If the car were only worth $8,000 in the first place but the dealer had a $50,000 tag on it you would no doubt question the dealers ethics.

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