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Canuck57[_9_]

On 26/12/2009 6:26 PM, wrote:
On Sat, 26 Dec 2009 19:42:17 -0500, Tom Francis
wrote:

On Fri, 25 Dec 2009 23:17:46 -0600,
wrote:

You mention a "business decision". It seems to me tying health insurance
to business, was a faulty paradigm from the beginning, competitively and
socially. However, health care has the potential of reviving this entire
economy. Health care jobs are well paying and *local*. IMO, they could
provide a replacement for the manufacturing jobs we have lost. Our
medical technology sector, already top of the world, could provide export
dollars. In the public debate, we've been looking at health care as a
drain on the economy. I'm thinking it could save the economy. It's
basic economics, manufacture something of value, and the whole world
values life, at least in theory.

You're right and as far as it goes, it would be a boon.

Unfortunately, that requires a free market approach to keep costs
competitive and we just got a crap sandwich of a "health care" bill.

This is gonna be a diaster and the more the details are being exposed,
it's becoming apparent that it's nothing more than a Chavez style take
over of a major industry - confiscatory and restrictive.

That is certainly not the way the current bills look. They are simply
handouts to the same people the Democrats have been demonizing. They
are putting new demands on insurance companies but they are doing
nothing to reduce costs. I bet the 2010-2011 "open season" will bring
us scary premiums.

Looking at a few insurance companies financials, do hey look toxic. I
wouldn't doubt the premiums need to go up.

That is why I say the democrats in congress will be vulnerable. The
tax increases and premium hikes will be on us but the benefits will
still be a couple years away.

Hyperinflation: Root cause, currency mismanagement by goverment.
Namely congress in creating too much money and government debt willy
nilly. Currency dilution and devaluation are major precursers to
hyperinflation.

Currency is like stock, create twice as much with failing fundimentals
and the stock devlaues.

Yes, congress should be worried. Very few tried to stop it and many
face 2010. Voters should send them packing.