Hen's teeth

Reality is that which, when you stop believing in it, doesn't go away. - Philip K. Dick

Monday, March 30, 2009

Sick people expected to pay for Bailout

After years of greed, corruption, deregulation, & crime, Wall Street has managed to destroy the world's economy. So what is Bush/Obama's plan to fix it?

  • More money to Wall Street.
  • Hazy promises of future regulation.
  • Remove executive compensation limits from legislation.
  • More money to Wall Street.
  • Remove whistle blower protections for federal employees from legislation.
  • Make one CEO resign, as long as it isn't a Wall Street CEO.
  • More money to Wall Street.
  • Ask union workers to take a pay cut.
  • Keep paying Wall Street because we will be lost without their blessed presence.
  • More money to Wall Street.
  • Expect auto retirees to take worthless stock to pay for their health care.

But Single Payer Universal Health Care is off the table. We aren't going to do anything about spiraling health care costs until we eliminate the 30% overhead that health insurance companies cost us. Obama refuses to even allow an objective study of the costs/benefits of single payer. Let single payer stand or fall on its own merit.

Even with "good" health insurance, it is possible to go bankrupt due to the deductibles & copays.

Obama talks about shared sacrifice. But then he expects retirees struggling to pay for health expenses to finance Wall Street's bailout.

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