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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (119954)11/13/2009 2:09:09 PM
From: Madharry  Read Replies (1) | Respond to of 132070
 
1. Some of the debate about the health care system is just absurd. The people who whine on about market economy are misinformed . there is no free market in medicine anyway. there are no published prices on goods and services and sellers are permitted to sell the same good or service at different prices. Imagine a restaurant where the menu has no prices, and after the meal is over different patrons who eat the same meal are presented with bills for different amounts. There is also no free competition. many health care and insurers are entrenched and because of their size can buy political protection. Where i live a rival radiology group attempted to established a practice and was thwarted by the local health care provider who successfully got a law passed in the mass legislature forcing the rival group to set their practice up in New York. Insurance providers are notorious for denying treatment for the terminally ill, recognizing that they will probably die before the litigation goes to trial.
Now we have a health care system that offers great emergency care to illegal aliens and the poor and bankrupts the middle class and the unemployed.

2. If we dont move to single health payer system like many of the countries that we compete with do, our decline as a nation will accelerate. Arent our kids better off moving to some other country where they wont have to worry about being bankrupted by a medical issue? I would certainly not fault my kid for making that choice considering that in many occupations one can work anywhere in the world. My guess is soon we will be experiencing our own brain drain, as costs for education and health care continue to rise here. Not that the quality of our educational system is any great shakes. One of my sons friends is now a 10th grader and hasnt mastered fractions yet, and he comes from a well educated affluent background. This is scary to me.

3. If Government and Congress dont look into the nefarious ties between Treasury, the Fed, the SEC, and Goldman Sachs, sooner or later investors and speculators will be bailing on US stocks, and going to areas where they can compete on a more level playing field. Its unlikely that GS could achieve the profits it has had last quarter without the benefits of both extensive insider trading and collusion with other major player in big markets like energy.