Eye

First Read of House Health Care Reform Act (H.R. 3200)

Not only will there not be enough money for healthcare, there will not be enough doctors. Every one is worrying about paying for healthcare, the demographics and ramifications of national healthcare legislation suggest you should be more worried about just getting it. Fewer and fewer bright people will be willing to spend and borrow $250,000 to get through med school to work in a "public" system. The older doc's will retire "en mass" as reinbursements drop and the paperwork continues to go up. Find a good GP 20 years younger than you are who has made a commitment to his community and treat him courteously. There is no guarantee he will be there in three years but if he is you want him to still be your doctor.

Rick Santelli's Rant: A Response

This is the key point. The authors arguement that society at large pays for it now or pays for it later forms the basis of rampant socialism. The faster the housing bottom is reached the fewer homeowners will be affected because most people do not move but every five years or so. Protracting this thing out will scar a greater number of people. You do this slowly and you bleed the whole economy. Get it overwith and Gov. should keep it's hands out of the markets.



On Feb 23 08:05 AM Insiderman wrote:

> The "protect your own investment" argument begs the question. How
> about the government letting GOOD credit risks buy the slackers'
> foreclosed homes at 70 cents on the dollar? Then we could rent the
> properties to those who can afford to rent at the now lower cost.

2008 Synopsis: 1 Chart, 5 Asset Classes

The burst of the credit bubble called for the liquidation of any and all asset classes. Watch for the reflating of these classes over the next month.


On Jan 01 07:56 PM bigmoney wrote:

> so much for asset diversification. Who would have thought that all
> asset classes would have sagged against fiat currency?