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US Sliding Into Socialism

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Tue, 07/14/2009 - 10:11 | Link to Comment Anonymous
Tue, 07/14/2009 - 10:48 | Link to Comment Anonymous
Tue, 07/14/2009 - 10:14 | Link to Comment Anonymous
Tue, 07/14/2009 - 10:53 | Link to Comment Anonymous
Tue, 07/14/2009 - 11:50 | Link to Comment Anonymous
Tue, 07/14/2009 - 13:27 | Link to Comment Ben_the_Bald
Ben_the_Bald's picture

That's why Goldman Sachs rules! It doesn't matter how much people here don't like it. They are the "king of the hill" until another king takes its place. Right? So let it be.

Tue, 07/14/2009 - 13:19 | Link to Comment Anonymous
Tue, 07/14/2009 - 20:12 | Link to Comment Mako
Mako's picture

No, it's "survival of the fittest".... the winner wins.... loser lose.  You just don't like the rules, the rules can be changed.... it's still "survival of the fittest" and always will be because humans fail to see the light of unbound capitalism, not because they have to because of rules but out of being as fair as possible to one another. 

The winner is the ultimate capitalist... all this socialism, facism or communism is just Man's attempt at putting definitions on Man's rules that always end up getting changed... been like that since the beginning. 

 

If the fittest were mediocre they wouldn't be the fittest. 

 

Now real Laws are going to show Man's rules that Man's rules don't mean crap. 

 

 

 

Tue, 07/14/2009 - 13:24 | Link to Comment Jim B
Jim B's picture

I actually fall under Tricare as retired military and reform is fine, but .....

   1.  You don't want a government insurance option because the government option shifts treatment costs to private payers (for example, my wife recently had some care and the provider billed about $2100 and Tricare payed about $650).  In other words, private insurance is subsidizing my health care.  When the private insurance companies are run out of business and the government is the only provider, there will not be anyone left to shift the costs to and care will be rationed.  Check out Canada and Europe, wait times and rationing.

 

   2.  I have zero choice as my primary doctor.  If my doctor happens to be apathetic because there is no financial incentive to see more patients or do a good job, then it is just too bad.  It's not like you can just go to another doctor.

Medial reform is needed, but we had better be very careful.  The negative impacts of a government option won't be apparent for many years.

 

    3.  Lastly, if the genuises in DC want to fix something, start with Medicare/Medicaid.

 

 

 

Tue, 07/14/2009 - 15:24 | Link to Comment Anonymous
Tue, 07/14/2009 - 22:07 | Link to Comment FischerBlack
FischerBlack's picture

Robin Hanson, GMU economist, solved this problem years ago (1994). Nobody listened.

http://hanson.gmu.edu/buyhealth.html

 

Tue, 07/14/2009 - 14:10 | Link to Comment Jim B
Jim B's picture

Oops.... Accidentally double posted

Tue, 07/14/2009 - 14:06 | Link to Comment Anonymous
Tue, 07/14/2009 - 20:46 | Link to Comment Anonymous
Tue, 07/14/2009 - 21:07 | Link to Comment Anonymous
Tue, 07/14/2009 - 21:53 | Link to Comment agrotera
agrotera's picture

Awesome! Thank you for the great laugh!

Tue, 07/14/2009 - 22:07 | Link to Comment Gilgamesh
Gilgamesh's picture

Love the RAN Squawk updates on the front page.  But I had to chuckle when I read the following, which read like a PR release from Gibbsy himself.  I think a few words need to at least be changed.  Would the editor mind updating to:

 

US (Obama) mulling whether to make direct mortgage payments on behalf of some tardy borrowers (deadbeats)

 

US (SOCIALIST) MARKET COMMENTARY

- (US) Obama may use (rescue) taxpayer funds to (subsidize) bail out mortgage companies that (take part in program) sell their soul to the government for help.
- Obama administration weighing whether to let (failing borrowers) deadbeat debtors stay in homes as (renters) squatters.

 

edit:  Not sure why strikethrough doesn't show on preview

Tue, 07/14/2009 - 22:17 | Link to Comment joann
joann's picture

Actually the difference between socialism and communism is who owns the businesses, seems to me we're jumping the socialism part altogether.   Capitalism has been consumed by GS and .Gov Group.

 

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