Tuesday, December 22, 2009
With no public option, analysts raise health insurers price targets as "reform" moves through Congress
First we had the "wealth transfer" bills, over $1.5 trillion, in the wall street and other bailouts - and now we have another "take from the middle class and give to corporations" plan in the, now completely debilitated, "health care reform" legislation.
Health insurers surge after key vote - The Associated Press
Credit Suisse Ups Targets on 7 Health Insurance Stocks - StreetInsider.com
Yes, our health care system in the U.S. sucks - that's a fact - and our health insurance system is terrible - but unfortunately this legislation, as it has been watered down, will not help. Well, at least it won't help anyone except the insurance companies (and presumably the crooked politicians who push it through).
This is just another form of corporate bailout, and for an industry that isn't even in trouble this time - they're just extra greedy - health insurers.
It's not about "socialism" or "big government" - it's that this bill has been thrashed and warped by corporate influences and no longer has anything for the people in it. It must be squashed. It looks like the U.S. will not be able to do what the rest of the industrialized world has done.
Those evil, socialized countries manage to provide universal health care to their populations with better quality outcomes than ours and at about half the cost! So what do all of these countries have in common? They all prohibit health insurance companies from being for-profit.
It sounds impossible here in the U.S. But it's not - at least in theory. Switzerland was the last of the developed countries to make that transition, which it did about 25 years ago. Their example shows that it is possible to develop a transition system in which the investors of for-profit health insurance companies don't get screwed.
Wednesday, December 9, 2009
Bob Herbert, NYT A Fearful Price:
"If voters had to choose right now between instituting a draft or exiting Afghanistan and Iraq, the troops would be out of those two countries in a heartbeat."
Friday, December 4, 2009
I don't always agree with Congressman Kucinich, but I agree with the following comments he made to Congress:
"America is in the fight of its life and that fight is not in Afghanistan - it's here. We are deeply in debt. Our GDP is down. Our manufacturing is down. Our savings are down. Our trade deficit is up. Business failures are up. Bankruptcies are up."
"The war is a threat to our National Security. We'll spend over $100 billion next year to bomb a nation of poor people while we reenergize the Taliban, destabilize Pakistan, deplete our army and put more of our soldiers' lives on the line. Meanwhile, back here is the USA, 15 million people are out of work. People are losing their jobs, their health care, their savings, their investments, and their retirement security. Trillions in bailouts for Wall Street, trillions for war; when are we going to start taking care of things here at home?"