Wow. Big wow.
Definitely check out Paul Krugman’s blog at The Times. It would seem that John McCain has just recently published (pdf) an article dealing with health care reform that said this:
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.Yeah, that’s the ticket. Let’s put Lehman Brothers in charge of our health care. Surely this can’t be the same John McCain who’s now decrying greed and excesses of the investment banking world.
September 20th, 2008 at 6:58 am
really “Wow. Big wow”
they seem to believe, that we all are true believers in the Religion of Privatization, isn’t it? So “true”, that we can’t see, that the “vigorous nationwide competition, as we have done over the last decade in banking” and the Financial Breakdown, obviously heavier than the financial abilities of the richest nation on earth – may have a slight relationship?
but honestly, i thought, that the redirection of wealth from the American People to the American Aristocracy stopped simply because there isn’t much wealth left “on the ground” – wasn’t that the reason for the mortgage disaster? And when the stream of money from down to up ends, the “boatsmen” transporting the “goods” lose their jobs – and their usefulness…
but why do not open the next stream? Seems as if there is still enough money to redirect from down to up…
and when the health insurance market breaks down – how about retirement plans? Or is that money already lost? Then – how about the savings of/for the children?
in the end, all they leave the American People with – is debts, debts so gigantic, that ….. what? Who dares to think THAT?
but at least, America will have the most billionaires, some with thousands, some tens with hundreds, some hundreds with tens, and some thousands with “just” some billion dollars (or Yuan?)
so at least you know where your money is…
September 24th, 2008 at 1:11 am
Privatization without oversight is doomed to failure, just as deregulation is doomed to produce more problems than it solves. Why? Human greed. It is endemic. It is predictable. It is inevitable. Read the history books. Corners are cut. Bad decisions are made if coated with the varnish of easy money. The men and women at the top care only about making more and more money; and keeping it for themselves. Workers be damned. And, with golden parachutes, the company can be damned. Will Congress stop the insanity? Not when the fat cats continue to make campaign contributions. It is a vicious cycle. Sadly, many sheeple are too stupid, or partisan, or uninterested in being informed, to demand that it stop by throwing out the perpetrators of their own forthcoming misery.