08-22-2016, 11:01 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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So, Obama sent you a memorandum of his intent?
Quote:
... 8. Their talk about ?freedom? and a ?government takeover? is cynical propaganda to protect their scam. Every other free country in the developed world has universal health care. That?s not just counting socialist countries like Denmark and Sweden. It?s counting countries like Germany and Japan and Australia and Canada and Singapore and Great Britain. What do they know that we don?t? When Obamacare passed in 2010, a money manager told me he was despairing of ?socialist? America and he was buying Swiss francs, because at least Switzerland remained a capitalist country. Hey, dummy: Switzerland has universal health care. Actually, double dummy: Obamacare was modeled on the system used in ? er ? Switzerland.
9. The ?market? for private health insurance is inherently flawed. You and I can?t shop for health insurance the way we shop for a vacation or a computer or a car. We don?t know if we?re going to get sick. Medical treatments are so complex and specialized, there?s no way for us to know what they ?should? cost. We can wait till we need one to buy it. And the price of buying the wrong laptop, or no laptop, isn?t death.
10. Actually, ?socialized medicine? already works in America ? and people love it. Medicare covers 54 million of us over the age of 65, and it is a full-blooded, bona fide, Marxist-Leninist, communist, Soviet, government-run health-insurance plan. Any politician opposed to ?socialized medicine? should be required to run for re-election on a platform of abolishing Medicare and replacing it with private health insurance. Good luck with that. Oh, and compared to private health-insurance companies, it is staggeringly efficient. Medicare?s administrative costs last year were $9 billion, compared with benefits of around $640 billion. That?s around 1.4 cents for every dollar paid out. Private insurers: around 20 times as much.
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Aetna, Obamacare and health insurersâ?? 10 dirty secrets - MarketWatch
Some things are inevitable. You can get sucked in screaming and kicking but they will happen. Short selling healthcare related stocks or ETFs ... would be a good idea. |
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