A Sober Wake-Up Call The Morning After [View article]
The insurance companies are regulated cronies. Insurance exchanges that have to provide a minimum amount of coverage as stipulated by...wait for it...by CMS! What? CMS? I can't believe it, CMS is telling the private free market companies how to provider their "services"?
The Week Ahead: Greece Will Make Or Break Market [View article]
Thanks for the reply. The Japanese seem to be able to roll over their debt magically and ad infinitum. They are launching into QE 8 and the 10 yr bond is less than 0.8! How is it done? Patriotism? Is the JCB that subservient to the treasury, or is it that they just have no choice but to buy more and more govt debt to keep rates down? It appears the US is headed down the exact same road.
A Sober Wake-Up Call The Morning After [View article]
Luckycharlie, My apologies. I thought Obama was going to make it harder for me to start a business by increasing regulation and taxing me more, raising cap gains, and closing the subchapter S loophole. I thought he was going to try to force me to buy crappy govt regulated health insurance and increase my tax bracket. My bad. Obama is the free market's friend, horray we're saved!
A Sober Wake-Up Call The Morning After [View article]
Neal, Put your money where your mouth is and give ALL your money to the Federal Govt. Don't make me give my hard earned money away so someone else can decide how to spend!
I can't give to charity as much as I want if my taxes go up!!
A Sober Wake-Up Call The Morning After [View article]
Charles, We can't stop deficit spending. We are stuck! you're absolutely right. Look at Japan!!! IF they tried to pay their debt down 50% of their annual revenue would go to financing the INTEREST on their debt.
A Sober Wake-Up Call The Morning After [View article]
Charles, The learning curve for the US medical system and how it works is steep. But once you figure it out, you can see the obvious dysfunction. There is an unholy marriage between 3rd party payers and the providers. There are incentives for practicing defensive medicine and quantity of care. Socialized medicine works great until the rationing and lines. The interests of my patients and FUTURE patients comes first. That's why I want a system that will allow me to spend more than 7 minutes on each patient,4 or 5 minutes of which are spent with my nose in the chart, documenting away so Medicare will honor 50% of my billing. Only 30% of Drs nationwide accept Medicaid these days. Government subsidy and 3rd party payers push prices upward (just look at college tuition prices and/or the prices of houses during the boom). The physicians I know who have completely opted out of the insurance/Medicare system can practice, charge a fair free market price, and still spend a great deal of time giving charity care to those who can't afford it. Look to Britian's NHC system for an example of what the US med system will look like in 5-10years; 25% of trained physicians leaving. More opting out of the NHC reimbursement rationing scheme each year.
A Sober Wake-Up Call The Morning After [View article]
Are you kidding? Do you know what socialism is? The term is an accurate one for Obama. The "SOCIAL ownership of the means of production" is exactly where the Dems are leading us. Look at GM, clean energy subsidizes, public schools, food stamps, taking over the college loan programs, I can go on and on and on...
Grading Presidents: The Value Of The Dollar [View article]
It is great to read a common sense article from another Hard Money advocate. The decline of the world's major currencies is a no brainer. The future for savings and investment looks bleak.
A Sober Wake-Up Call The Morning After [View article]
Marx 101, You are wrong. Socialism impoverishes nations, read a history book. Capitalism generates wealth. The problem is that capitalism also causes economic inequality; a situation that never lasts long in a democracy where people learn to vote themselves money. The US was founded on principles of individual liberty, not the social welfare. People came here to succeed or die trying, not to be taken care of by a nanny state like Canada.
A Sober Wake-Up Call The Morning After [View article]
We need: simple, consistent, fair, predictable, and minimal regulation and tax to spur economic growth. Current business regulation and the tax code is hopelessly complex and a nightmare.
A Sober Wake-Up Call The Morning After [View article]
So the question then, Joe Kelly, is where is that sweet spot? If, as you advocate, the top tax rate was "90% under Eisenhower and we were doing just fine" then I would have to respectfully disagree. In a global economy you have to be competitive. You can't be competitive start businesses, increase production, etc, when you take 90% of what people earn away in taxes.
A Sober Wake-Up Call The Morning After [View article]
China has more free enterprise capitalism than we do!!! It's is way easier to start a business in China than here in the US. You just have to grovel to the comrades there instead of to the politicians and banks here.
A Sober Wake-Up Call The Morning After [View article]
The Week Ahead: Greece Will Make Or Break Market [View article]
A Sober Wake-Up Call The Morning After [View article]
You are exactly right. Socialized medicine sucks worse than the crappy system we have now.
A Sober Wake-Up Call The Morning After [View article]
My apologies. I thought Obama was going to make it harder for me to start a business by increasing regulation and taxing me more, raising cap gains, and closing the subchapter S loophole. I thought he was going to try to force me to buy crappy govt regulated health insurance and increase my tax bracket. My bad. Obama is the free market's friend, horray we're saved!
A Sober Wake-Up Call The Morning After [View article]
Put your money where your mouth is and give ALL your money to the Federal Govt. Don't make me give my hard earned money away so someone else can decide how to spend!
I can't give to charity as much as I want if my taxes go up!!
A Sober Wake-Up Call The Morning After [View article]
A Sober Wake-Up Call The Morning After [View article]
A Sober Wake-Up Call The Morning After [View article]
The learning curve for the US medical system and how it works is steep. But once you figure it out, you can see the obvious dysfunction. There is an unholy marriage between 3rd party payers and the providers. There are incentives for practicing defensive medicine and quantity of care. Socialized medicine works great until the rationing and lines.
The interests of my patients and FUTURE patients comes first. That's why I want a system that will allow me to spend more than 7 minutes on each patient,4 or 5 minutes of which are spent with my nose in the chart, documenting away so Medicare will honor 50% of my billing. Only 30% of Drs nationwide accept Medicaid these days. Government subsidy and 3rd party payers push prices upward (just look at college tuition prices and/or the prices of houses during the boom). The physicians I know who have completely opted out of the insurance/Medicare system can practice, charge a fair free market price, and still spend a great deal of time giving charity care to those who can't afford it. Look to Britian's NHC system for an example of what the US med system will look like in 5-10years; 25% of trained physicians leaving. More opting out of the NHC reimbursement rationing scheme each year.
A Sober Wake-Up Call The Morning After [View article]
A Sober Wake-Up Call The Morning After [View article]
Grading Presidents: The Value Of The Dollar [View article]
A Sober Wake-Up Call The Morning After [View article]
You are wrong. Socialism impoverishes nations, read a history book. Capitalism generates wealth. The problem is that capitalism also causes economic inequality; a situation that never lasts long in a democracy where people learn to vote themselves money. The US was founded on principles of individual liberty, not the social welfare. People came here to succeed or die trying, not to be taken care of by a nanny state like Canada.
A Sober Wake-Up Call The Morning After [View article]
A Sober Wake-Up Call The Morning After [View article]
A Sober Wake-Up Call The Morning After [View article]