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Krypton
83.798 g/6.022x10^23

Registered: Nov 2003
Location: Texas
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quote: | Originally posted by Capitalizt
I'm a bush wackjob? lol^3 |
No not you. But the people screaming at their Congress(wo)man at these town hall meetings were probably overwhelmingly Bush supporters.
quote: | No, I just recognize that the country is already bankrupt and socialized medicine isn't going to improve our fiscal situation. |
The current system is bankrupting us. Don't you get that?
quote: | Yeah, we should abolish USPS too but that's another discussion...and krypt you really need to stop comparing military funding with socialism. Yes, wealth redistribution is what government is built on..but there is a huge frakking difference between "distributing" money on the constitutional functions of government (court system, national defense, etc) vs sending out entitlement checks and paying the medical bills of welfare bums. |
You do realize that when uninsured person's get medical care, it's the people with private insurance who get to pay for it when the hospital starts charging higher rates to pay for it right? The private system is already redistributing the wealth.
quote: | The first might lead to cronyism and corruption, but the second leads to tyranny of the majority. Keep following your path and the poorest 51% of the country will eventually be able to enslave the richest 49%..raping them with ungodly tax rates in the name of the "common good". |
There already is cronyism. You think the insurance industry is sitting on their butts watching this unfold? No, they are using everything they have, millions of dollars, to lobby against healthcare reform. It's in their best interest to be able to keep charging exorbitant rates on health insurance and get to blame costs.
quote: | I can't believe you don't see what a dangerous precedent all of these massive government policies of the past few years are setting. |
When talking about healthcare reform, I'm all for it. The status quo is intolerable.
quote: | Turning a blind eye to the damage and disruptions caused by federal intervention is a very bad trait for anyone looking to research market phenomena for a living.. |
It depends on what that federal intervention is.
I also research markets quantitatively. My emotion is largely kept out of my analysis. Like my analysis of Halliburton. My model rates them a buy, but I know the people running it are war profiteers, who milked our country millions of dollars. Point is, I don't need to be a Republican, Libertarian, or Laissez-faire advocate to interpret the markets.
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Aug-12-2009 02:35
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Krypton
83.798 g/6.022x10^23

Registered: Nov 2003
Location: Texas
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quote: | Originally posted by Capitalizt
It's not bankrupting the 80% of the country that currently has health insurance. I pay $60/month out of pocket. I'm happy with that. My employer's cost for is around $2600 a year..or a total of around $3100. Yes, that is alot of $$ for someone to pay out of pocket if their employer doesn't help, but it is certainly do-able for most Americans if they budget for it. |
That's not what this Harvard study found...
A recent study by Harvard University researchers found that the average out-of-pocket medical debt for those who filed for bankruptcy was $12,000. The study noted that 68 percent of those who filed for bankruptcy had health insurance. In addition, the study found that 50 percent of all bankruptcy filings were partly the result of medical expenses. Every 30 seconds in the United States someone files for bankruptcy in the aftermath of a serious health problem.
http://www.law.harvard.edu/news/200..._bankruptcy.php
Himmelstein, D, E. Warren, D. Thorne, and S. Woolhander, �Illness and Injury as Contributors to Bankruptcy, � Health Affairs Web Exclusive W5-63, 02 February , 2005.
quote: | Yep, that is a problem of socialism though isn't it? They are forced by law to provide service to those who don't pay..so naturally they need to recoup their costs elsewhere. |
NeoPhono said it best..."If an uninsured patient gets sick, they don't just simply curl up in a ball and die, they go to the hospital. Those costs ultimately fall on someone else. If a parent is unable to afford insurance for their child and the child becomes sick, the parent doesn't sit there and watch their child suffer, they take it to the doctor, again with the cost falling on everyone else."
quote: | You are not going to lower the cost of medical services by getting government involved krypt. You are only going to HIDE the cost, and create a permanent multi trillion dollar government bureaucracy in the process. |
As neophono made clear to you, we have two options. Allow the status quo to continue where uninsured persons get treatment at the cost of insured persons. Or get currently uninsured persons to pay SOMETHING and lessen the cost on everyone else. Pick one.
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Aug-12-2009 04:26
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