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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Rambi who wrote (114129)	6/29/2009 10:48:16 AM
From: Dale Baker	Read Replies (1) \| Respond to of 541769

the industry in its greed has forfeited the right to self-regulate. Over the weekend I was thinking about the sacred cow notion that the private sector always knows how to spend and invest money better. Looking at healthcare and, more important, how the private sector collectively dumped more than a trillion dollars into high-risk crap investments that blew up in their faces and destroyed several big players, the myth of the efficient private market is just as big a myth as the perpetually efficient stock markets. Hopefully what we see in DC now is the first step toward a sea change shift where we figure out that just like fire, police, military, education and many other functions, some functions in finance and healthcare need a strong government role too.

To: Rambi who wrote (114129)	6/29/2009 12:25:41 PM
From: Bread Upon The Water	Respond to of 541769

We need a Canadian system, but to implement people will have to dial back coverage expectations as the only way to pay for it is to limit what is covered--IMHO.