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To: Ironyman who wrote (44926)11/12/1999 11:04:00 AM
From: Tunica Albuginea  Respond to of 116971
 
eric j parde,Re: Doctors unionizing. We didn't talk about that
but that is very bullish for gold/POG.
Just another nail in the " no - inflation coffin ".

The American Medical Association 2 - 3 months ago had a
very rancorous annual meeting. Big battle between the old
gizzards in the AMA Board of Directors and the new docs
[ residents training in hospitals and young doctors hired
by HMOs right out of Med school, ( Re: $120,000 in debt
with zero cash flow, " we - will - work - for - food
residents " ;) ].

Anyway old gizzards deeply indebted to Washington and the
AARP wanted to nix any such attempt at unionization by the young Docs.

The young Docs had a giant uprising and to make a long story short,
forced the Board to accept unionization.
The young Docs argued that they were
employees and NOT " free standing professionals " and there fore
they had the right to strike under old Union Rules.


The young Docs won.

The AMA board/ old gizzards voted to " support future
efforts by Docs to unionize.
To provide legal assistance and
support for such afforts ".


So that is definitely the way of the future.

The import and training of foreign docs is now being
limited because of Medicare cuts to training hospitals.
It will not take very long for these HMO docs to start
striking in HMOs and City Hospitals,for higher wages and
then watch your Health care premiums move up another notch.
Note that most of these Docs have not been groomed in
the niceties of Parochial schools were " love thy neighbor was the word of the day ".
These kids have been thoroughly schooled in Sartre's Existentialism,
i.e. "live the day ", " look out for No 1"
so they are not going to take any prisoners.
Just MHO.

How much will a 10% increase / year of Health Care costs add
to the cost of living ?in addition to a 10% increase in oil

( The Core PPI was up again 2 days ago a stronger 0.3% than
the 0.1%, and oil and health care were not even factored in. )


I can just see this big N E W Health Care Freight Train
( loaded with Doc strikes, HMO lawsuits, New Anti HMO legislation,
new HMO " laissez faire " policy for their
Docs etc. etc.,) thundering down the tracks at
supersonic speed,


meeting head on

with a 15 YEAR OLD Mack Truck
coming from exactly the opposite direction called
" Low Inflationary expectations Health-Care-Cost-Containment
Washington-DC-Mack Truck ".


Who's going to win the crash?

:)

TA
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To: Richard Harmon who wrote (44923)
From: eric j parde
Friday, Nov 12 1999 9:48AM ET
Reply #44926 of 44929

Richard,,,The latest trend in Union's grab for power is Doctors, while earlier this year the last union jewelry factory in California became non-union.
Irony Man