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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (5646)	9/30/2010 10:17:25 PM
From: Investor2	1 Recommendation Respond to of 10065

Chart of the Day "Earlier this week, the National Bureau of Economic Research (the official arbiter of recession dates) declared that the recession that began in December 2007 (Chart of the Day declared that the recession was 'underway' back in early January 2008), ended in June 2009 (Back in June 2009, Chart of the Day stated that the recession would ultimately be declared to have ended in June 2009 -- plus or minus one month). For some perspective on the recession just past (a.k.a. the Great Recession), today's chart illustrates the duration of all US recessions since 1900. There are a couple points of interest... Of the 22 recessions that occurred over the past 110 years, the most recent recession is tied for fifth in terms of duration. It is also worth noting that the recession just passed was above average in duration and the longest since the Great Depression."

To: marc ultra who wrote (5646)	10/1/2010 11:32:08 AM
From: Kirk ©	1 Recommendation Read Replies (1) \| Respond to of 10065

One is the point you mention of someone presenting more than 12 hours after an acute MI and if they're stable you are probably correct in the idea they do little good. Thanks for the good summary of the issue. So back to the question is will this affect health care stocks or will Obammacare allow insurance companies, hospitals and MDs to CONTINUE running up huge bills on the public for useless procedures similar to how medicare fraud operates? I'm in the middle politically. I think health care at a basic level should be like fire and police protection. If someone has a contagious disease, they should be treated so they don't spread it to me just as I expect the fire department to put out the fire in their house before it spreads to mine. What I don't like is all the extras people add on to health care to get rich. I know family members who get what appears to be $160 massages as "physical therapy" at clinics... paid for my medicare or with a reduced rate with a $20 copayment with a COBRA plan paid for the the taxpayers for another who lost her job. A good friend of mine who was a nurse.... long story of how she did drug study management for new drugs before a back injury put her on disability eliminated... so now she is learning to be a massage therapist who only charges about $60/hr for private sessions... so there is $100 fat in the cost of PT to medicare and COBRA patients... paid for by ME, a taxpayer who feels he is getting screwed because neither the right or the left wings can make real reform so they just do things to reward those who fund them.