ExZonie

Extending Medicare: Medical and National Suicide

My nephew doesn't have car insurance. Of course, he is only one year old.

My daughter's sons don't have car insurance. They don't need it; they don't drive.

What are the exemptions that allow me to get out of buying health insurance? I have ERSD and can't get private health insurance except through employment. This bill will make it very difficult to get insurance, which I need continuously until I die.

Your ideas are bs. Our healthcare is the best in the world. Leave it alone, please. In Britain, people my age don't get dialysis. What do they do? Let me know when you find out.


On May 15 08:27 AM adenovir wrote:

> Simon Says "First, basic common sense would tell us that if facing
> a funding problem so huge it can destroy the economy, it would be
> best to make sure it is brought back under control before adding
> fuel to the fire."
>
> Do you think that all the "charity care" currently being provided
> by hospitals and doctors to the uninsured/underinsured is free? Who
> do you think is paying for that?
>
> We are all paying for it indirectly through higher fees when we seek
> care. Wonder why it costs a quarter of million for a hip replacement?
> You are paying for your hip and the hip of someone else who is uninsured.
>
>
> We need mandatory basic coverage for all Americans. Let's get the
> hidden costs of charity care on the table. That's the only way we're
> going to control health care costs.
>
> We already do the same thing with auto insurance. Why should health
> care be any different. If someone "saves" money by not getting health
> insurance, they are stealing your money when they go the ER for care
> and don't pay.

And Bernanke Didn't Think Unemployment Would Reach 10%

Without the bailout last year, major banks would have failed, taking the financial system with them. However, there isn't enough money in the world to make them whole again. While we were playing musical chairs in the first decade of the twenty-first century, using our houses, cars, vacations, credit cards and 401Ks, someone came in and stole the chairs, the record player, and the referee!

The Fed and Fannie Mae: Throwing Money Down a Black Hole

I am willing to bet that a good percentage of the equity the banks had is largely "not there" any more. The more mortgages that go through short sales or refinancing to reduce the principal, the less assets the banks have, and the more dangerous their loan-to-value balance. Over time, they will become technically, if not actually, insolvent. Letting Fannie Mae fail makes the matter worse; banks hold FM stocks and if they become worthless, their asset base will be eroded even more. And as the large banks assets erode, their stock erodes, which other banks hold... it becomes a downward spiral. Adding new high-risk mortgages, which is what's happening right now, will accelerate the process and take the FHA with it, as well as the stock market and the US Treasury, and the Fed.

Mass Migration and Water Problems

The "Delta" smelt aren't native to California. Let them die, they don't belong in the Delta in the first place. They were introduced by ships during the WWII buildup.

GM Secured Lenders to Get Full Repayment: Why Not Chrysler?

We'll probably never know, and the uncertainty will inspire less investor confidence in the American business environment.

The outcome is supposed to be dictated by law (i.e., the government as a republic) rather than personalities or politics (the government as an oligarchy).

Federal U.S. Debt Has Ballooned to Over $100 Trillion!

Argentina here we come.

Nothing About This Economy Is Surprising

You can download it here:

mises.org/pdf/econcalc...


On Apr 30 08:03 AM SW Richmond wrote:

> While many people report that "Atlas Shrugged" is the most influential
> book they've ever read, for me the second is "Economic Calculation
> in the Socialist Commonwealth" by vonMises. VonMises easily shows
> that directed economies aren't rational. This brief essay (a little
> more than 50 pages) was written in 1920 and is digestible even by
> devoted central banking acolytes, who will find it refutes their
> closely-held beliefs of their own intellectual superiority in managing
> the economy for us, and hopefully will make their heads explode.