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Old 04-25-2012, 04:37 PM
 
5,758 posts, read 11,636,388 times
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Quote:
If you're stupid enough to run up the bills, the people you cheated should have the right to collect them. Period!
The debts in this latest scandal are hospital bills - people (especially in emergencies) don't choose to end up in the hospital. They end up there, and then apparently at least in Minnesota, the debt vultures come looking for some flesh...
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Old 04-26-2012, 07:09 AM
 
Location: West Coast of Europe
25,947 posts, read 24,745,361 times
Reputation: 9728
Quote:
Originally Posted by 2nd trick op View Post
If you're stupid enough to run up the bills, the people you cheated should have the right to collect them. Period!

It's not much different from sex; don't seek gratification until you have the responsibility to deal with the consequences.
Be careful with what you say. Fate might feel provoked by your statement and put you in a similar situation
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Old 04-26-2012, 08:06 AM
 
Location: Palo Alto
12,149 posts, read 8,418,303 times
Reputation: 4190
Quote:
Originally Posted by Katiana View Post
Private enterprise is always better than govt., right?
Only if you live in a binary world. The government performs many tasks more efficiently than private enterprise. Or at least could. Fire departments are an example. Their role is public safety independent of a profit motive.
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Old 04-26-2012, 08:08 AM
 
Location: Palo Alto
12,149 posts, read 8,418,303 times
Reputation: 4190
Quote:
Originally Posted by momonkey View Post
Sorry, I must have missed the connection to the republican party.

Was there some legislation put forward by republicans that promoted this sort of conflict of interest?
Sure. It was buried in the fine print of their corporate charter. Only rich, white, male republicans could own their stock.

:grin:
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Old 04-26-2012, 08:28 AM
 
20,718 posts, read 19,363,240 times
Reputation: 8288
Quote:
Originally Posted by 2nd trick op View Post
If you're stupid enough to run up the bills, the people you cheated should have the right to collect them. Period!

It's not much different from sex; don't seek gratification until you have the responsibility to deal with the consequences.

If you are stupid enough to make loans to people who can't pay, you don't have the right to collect it from everyone else. Period! Missed that little part didn't ya?
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Old 04-26-2012, 03:10 PM
 
Location: Berwick, Penna.
16,215 posts, read 11,335,819 times
Reputation: 20828
Quote:
Originally Posted by tablemtn View Post
The debts in this latest scandal are hospital bills - people (especially in emergencies) don't choose to end up in the hospital. They end up there, and then apparently at least in Minnesota, the debt vultures come looking for some flesh...
With a little sensible reform, we ought to be able to differentiate between financial obligatiions which are not incurred at the voluntary behest of the debtor (hospital bills being the prime example) and the vast majority of non-mortgage debt which has been run up by a mostly-young, very-impressionable group of people -- caught up in our consumerist society because it's all they've ever known.

The medical-bill debt problem itself can be traced to a change in the marketing of health insurance about 25 years ago, when new entrants in the field de-emphasized the "major medical" coverage that protected mature employees in the event of catastrophic illness, in favor of "no hassle" plans aimed at the twerps at the bottom of the heap who never plan more than a week ahead. No claim forms to fill out on your own time and a small or nonexistant deductible for accident or pregnancy, but twenty years down the road, when you have serious problems, you'll be in for a nasty suprise.

That "left-handed competition" eventually made traditional Blue Cross / Blue Shield harder to sustain; the problem began in the small-shop heartland of Ohio and Michigan, and spread outward from there. But it was hatched by the schlockmeisters of Madison Avenue, not Wall Street.
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Old 04-26-2012, 03:17 PM
 
Location: Berwick, Penna.
16,215 posts, read 11,335,819 times
Reputation: 20828
Quote:
Originally Posted by TrapperJohn View Post
Sure. It was buried in the fine print of their corporate charter. Only rich, white, male republicans could own their stock.

:grin:
And the real problem in this nation is that there are millions of simplistic people who would swallow that distortion whole ... because it's the easy way out.

When the bill comes due, you'll gust grin like the Robespierre-wannabe you are, and point your finger somewhere else.
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Old 04-26-2012, 04:14 PM
 
Location: Old Town Alexandria
14,492 posts, read 26,594,973 times
Reputation: 8971
Quote:
Originally Posted by tablemtn View Post
The debts in this latest scandal are hospital bills - people (especially in emergencies) don't choose to end up in the hospital. They end up there, and then apparently at least in Minnesota, the debt vultures come looking for some flesh...
Yep. But god bless the "compassionat conservatives" here who act like they will never need major surgery or have to "rack up irresponsible debt" to keep a child or elderly parent alive.

karmas a bi@tch.
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Old 04-29-2012, 07:45 AM
 
Location: West Coast of Europe
25,947 posts, read 24,745,361 times
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Jailed for $280: The Return of Debtors' Prisons - Yahoo! Finance
Those collection agencies suck
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Old 04-29-2012, 07:52 AM
 
1,389 posts, read 1,312,942 times
Reputation: 287
Quote:
Originally Posted by Katiana View Post
Private enterprise is always better than govt., right?
Long term, yes. That's why reputation is important.
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