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if govt was so good at identifying need and distributing wealth, why stop at healthcare. why not add car manufacturers to that list. they're practically there already. what about food, clothing, telecoms etc. just like the soviet union. that was wonderful. living wage, free healthcare, 'profit' was outlawed. better yet, you can go and get some of that lovely free healthcare, that michael moore keeps baning on about, today! if you're as desperate to get it, as millions are to get away from it, build yourself a raft and drift toward that socialist paradise you've been dreaming about for ages. uncle fidel will take great care of you
To be fair, there are somethings that government is good at and somethings it is bad at. Generally speaking, the government has a better record with things like electricity and water than private companies. I do however agree that most things the government sucks at and should keep out.
Like the military? The roads, dams, bridges ,tunnels and railroads spanning the nation? The National forests the public beaches. SSI, Medicare, public education? FDA protections, enviornmental protections. The government is extremely good as many, many, many things. Much better and more cost effective when those entities are well run without political garbage plugging up the systems. The ones that should keep out...are lobbyists and politicians
Like the military? The roads, dams, bridges ,tunnels and railroads spanning the nation? The National forests the public beaches. SSI, Medicare, public education? FDA protections, enviornmental protections. The government is extremely good as many, many, many things. Much better and more cost effective when those entities are well run without political garbage plugging up the systems. The ones that should keep out...are lobbyists and politicians
Public Education is in a terrible state, Medicare is nearly insolcent, FDA does the bidding of big Pharma and big AG, environmental protections like the BP spill as a result of a bureaucracy not doing the proper oversight it was actually required to do? Are these successes in your eyes?
i can't believe that there are still people trotting out all the good that the big government is going to be doing for them.....
here is yet another example of theft from the citizens. how many more do you need?
Nov 3 (Reuters) - Mortgage finance giant Freddie Mac said on Thursday it will seek an additional $6 billion from U.S. taxpayers following its worst quarterly loss this year.
The government-owned company reported a comprehensive loss in the third quarter of $4.4 billion, it said in a filing with the U.S. Securities and Exchange Commission. That compared with a $2.5 billion loss for the same three-month period in the prior year.
Despite an income of $4.6 billion, the company registered a net worth deficit of $6.0 billion, which was partly attributed to the $1.6 billion quarterly dividend payment owed to the Treasury.
this country is being systemically looted by those on top-and,yes, that is the government---which MAKES THE RULES (and is supposed to punish the bad guys. haha). bill black has an interesting 3 minute clip on it here, and denninger has another on his site from OWS:
i see we have yet another ponzi scheme unraveling today. too many criminals, zero prosecutions.
another thing:
From November of this year to November of 2012 taxpayers will have to pay for the deleveraging of 100s of trillions of dollars in bets with leverage of 20 and 30 to 1.
the big five US banks have 250 trillion dollars in CDS exposure and all of those CDS are guaranteed by the FDIC and the US taxpayers.
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Last edited by floridasandy; 11-03-2011 at 04:14 PM..
Public Education is in a terrible state, Medicare is nearly insolcent, FDA does the bidding of big Pharma and big AG, environmental protections like the BP spill as a result of a bureaucracy not doing the proper oversight it was actually required to do? Are these successes in your eyes?
Medicare suffers from rising medical costs as does the insurance companies. If Medicare is insolvent then the insurance companies are insolvent. Medicare also does a better job at cost containment.
Here’s the raw fact, from the National Health Expenditure data: since 1970 Medicare costs per beneficiary have risen at an annual rate of 8.8% — but insurance premiums have risen at an annual rate of 9.9%. The rise in Medicare costs is just part of the overall rise in health care spending. And in fact Medicare spending has lagged private spending: if insurance premiums had risen “only” as much as Medicare spending, they’d be 1/3 lower than they are.
The EPA is responsible for reducing pollutants in the air by 96%. LA used to have smog. I haven't seen smog in decades. Lake Erie used to catch fire in the 1960s., etc.
This is what the free market looks like where government does not even provide the most essential services and why it isn't such a good idea.
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