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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (6257)	3/6/2009 3:00:03 PM
From: i-node	2 Recommendations Respond to of 42652

As a self-employed full time trader I also pay my own way, and was on this thread a LONG time ago complaining about the lack of choice in buying health insurance and the fact that if I or my wife were ill we couldn't even get it. Well, there is plenty of choice and most people are insurable, although it may be expensive to deal with pre-existing conditions. I think most people would be fine with legislation to improve portability and to make insurance available to people with pre-existing conditions. I would. But that is different from throwing out the entire health care system as this president is wanting to do. That put me on the side of change. As far as 'misleading' the American people, I'd say the beneficiaries of Bush policy, namely the financial industry, did that better than anyone. Bin Laden, if alive, must be very happy about how our own economic terrorists have done more damage than he did... The only thing is there is no evidence that Bush policy had anything at all to do with the economic problems we now have. If anything, liberal policy of requiring lenders to advance money to unqualified borrowers probably precipitated it. But the entire idea that "policy" can overcome basic economic cycles is like saying that a Tsunami's damage might be prevented by building a fence. You cannot control nature and the economic cycle is pretty close to being a force of nature. s far as homeowners, sure many behaved irresponsibly, but we are shoveling WAY more money at the banksters. Your buddy Phil 'this is a mental recession' Gramm got that ball rolling with Glass Steagal... Again, this argument goes on forever, and you and I would never agree on it and it starts to get off-topic. The reality is that Rs in Congress saw it coming and tried to do something about it, while the Ds refused to believe it and pressed on for more lending to uncreditworthy individuals. Once again, I think it naive to assume that a severe downswing in the economic cycle isn't coming when you have years of economic growth accompanied by $50 Trillion in off-book debt created by social programs gone awry. As to bin Laden, in the early 90s he had for a brief period considered the economy as a way to bring America down. AFAIK, al-Qaeda and al-Jihad both (before their merger) had decided violence was the better course of action.