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Get rid of the military on and VA? Sorry, but I am a a veteran and you aren't getting rid of me anytime soon
Got "one of them" what? Can you be more specific? Are you talking about a joint, a baseball bat, chewing gum?
I do "support." While I am a retired veteran, I am working on my second retirement, and paying taxes to support you and others who may need help. I also have healthcare benefits for my family and I, paid in part by my employer and the rest by myself.
Duh, Ray, that was my point.
That's why I mentioned military health care.
You get yours so screw everyone else.
It was apparent that you got free medical, the level of contempt you feel for those who don't get it was quite telling.
I don't know about 3/4. But most want a public option and ultimately Single Payer National Health Care - just as those who already have it (to name a few):
-Medicare
-Medicaid
-VA
-Military
-Prisoners
58 percent of all Americans get their health care and/or health insurance via a government run program. That's already a majority
I see few of those in government run health plans opting out - do you? If they don't want government run health care - you'd think they'd be leaving in droves.
THANK YOU! Finally, someone points out the freaking obvious. The government already is the largest healthcare payor in the country, and no right-winger seems to take issue with that. I love hearing people rail against "socialied healhcare"..while on Medicare. Guess what, folks? It's already been "socialized" a long time ago!
is-socialized-medicine-bad-for-your-wealth: Personal Finance News from Yahoo! Finance (http://finance.yahoo.com/insurance/article/109122/is-socialized-medicine-bad-for-your-wealth;_ylt=AuINY9HsBKjLrFsAHrm99MxO7sMF;_ylu=X3oD MTE5dTUxdHExBHBvcwMyBHNlYwN3ZWVrZW5kRWRpdGlvbgRzbG sDdW5jbGVzYW1zbWVk?.html?mod=family-love_money - broken link)
To hear some people tell it, the health-care bill will destroy America and your stock portfolio. We will become a "socialist" country. You should sell everything, put your money in gold, cash or foreign stocks, and run to the hills.
It's hard to get past the hyperbole and partisan hysteria on this topic. But if we take the calm view, what, if anything, would the bill mean for your investments?
Take a deep breath. It probably won't mean very much. There's a good chance it won't mean anything at all.
To start with, we don't really know what it will do to the deficit. The Congressional Budget Office Thursday projected the bill would cut deficits by $138 billion over 10 years. There will be a lot of detailed debate about these forecasts and the assumptions underlying them. Most of it will be pointless. I have spent too many years watching oil analysts who couldn't successfully predict the oil price 12 months out, and economists who couldn't even spot a recession when we're in one, to have any faith in forecasts and projections. The CBO doesn't know what this bill will actually do over the next 10 years, let alone after that. Nor does anybody else.
To hear some people tell it, the health-care bill will destroy America and your stock portfolio. We will become a "socialist" country. You should sell everything, put your money in gold, cash or foreign stocks, and run to the hills.
It's hard to get past the hyperbole and partisan hysteria on this topic. But if we take the calm view, what, if anything, would the bill mean for your investments?
Take a deep breath. It probably won't mean very much. There's a good chance it won't mean anything at all.
To start with, we don't really know what it will do to the deficit. The Congressional Budget Office Thursday projected the bill would cut deficits by $138 billion over 10 years. There will be a lot of detailed debate about these forecasts and the assumptions underlying them. Most of it will be pointless. I have spent too many years watching oil analysts who couldn't successfully predict the oil price 12 months out, and economists who couldn't even spot a recession when we're in one, to have any faith in forecasts and projections. The CBO doesn't know what this bill will actually do over the next 10 years, let alone after that. Nor does anybody else.
And even if these forecasts miraculously turn out to be correct, they're only a rounding error. The most recent CBO analysis, published earlier this month, predicted that under President Obama's latest budget proposals, the total U.S. deficit from 2011 through 2020 will come to nearly $10 trillion. The alleged budget savings from the health-care bill are less than 2% of that.
One usually expects huge deficits to lead to inflation, and that's a major concern in this environment. You should be very wary indeed of holding most long-term bonds, the investment most at risk from rising inflation. But you should have been wary before this bill. Health-care reform doesn't change that. And it's worth noting that even here the picture isn't clear-cut. The Japanese government has been running massive deficits for two decades, but inflation remains on the floor, and owners of long-term Japanese government bonds have done very well.
Yes, maybe the critics are right, and the current bill doesn't do anywhere near enough to rein in exploding health-care costs. But, of course, neither did the status quo. It's hard to argue that the bill will make a good situation bad, or even a bad situation worse. Maybe it will do nothing to fix a disastrous situation. But sooner or later that's going to have to be fixed anyway. Make of it what you will, but advanced countries with more direct government control over health-care costs have clearly done a much better job of controlling those costs.
Will the bill really "turn America into a socialist country"? It's easy to laugh at this notion, of course, but let's look at it from another point of view. Even if that were correct, should you really sell everything and flee?
Socialism, or social democracy, or whatever else you want to call it, doesn't seem to have hurt stockholders overseas too badly. Over the past 10 years, according to MSCI Barra, stock markets across socialized Europe have produced total returns of about 2% a year in U.S. dollar terms, according to MSCI Barra. The figure for France is just over 2% and for left-wing Britain and Holland nearer to 3%. Pinko Denmark has boomed by 10% a year.
Meanwhile, here in the land of the free, investors have made zero.
Today, you may be better off looking at matters like stock fundamentals and valuations than macro forecasts. It is worth noting that fund manager Jeremy Grantham, who is right more often than most, thinks top-quality U.S. blue-chip stocks are the best investments in world markets right now. And those on his list include a number with big exposure to the U.S. health-care sector, including Johnson & Johnson, Procter & Gamble, Pfizer, Merck and Abbott Laboratories.
Socialized medicine may not be so bad for your wealth after all.
Duh, Ray, that was my point.
That's why I mentioned military health care.
You get yours so screw everyone else.
It was apparent that you got free medical, the level of contempt you feel for those who don't get it was quite telling.
But I don't use my military healthcare. I use my employer-paid (plus myself) healthcare under Bluecross/Blueshield of Alaska. Why do you think I don't use my VA healthcare, and why do you think I don't want Obamacare? I will give you a hint: because both are about the same.
Under my employment healthcare, I decided what kind of coverage I want for my family and I, and then pay for it twice per month. I can travel anywhere throughout the US and seek health treatment from any specialist I want since general healthcare in Alaska is a lot more expensive than in the lower-48 States. Obamacare will screw my present coverage within a short period of time, even after being an union member. Under Obamacare, every American will be required to buy healthcare, wanted or not.
THANK YOU! Finally, someone points out the freaking obvious. The government already is the largest healthcare payor in the country, and no right-winger seems to take issue with that. I love hearing people rail against "socialied healhcare"..while on Medicare. Guess what, folks? It's already been "socialized" a long time ago!
Excellent! Somebody finally points out the freaking obvious: under Obamacare we all can receive the same healthcare offered to 30% inmates (illegal immigrants) in the CA prisons
But I don't use my military healthcare. I use my employer-paid (plus myself) healthcare under Bluecross/Blueshield of Alaska. Why do you think I don't use my VA healthcare, and why do you think I don't want Obamacare? I will give you a hint: because both are about the same.
Under my employment healthcare, I decided what kind of coverage I want for my family and I, and then pay for it twice per month. I can travel anywhere throughout the US and seek health treatment from any specialist I want since general healthcare in Alaska is a lot more expensive than in the lower-48 States. Obamacare will screw my present coverage within a short period of time, even after being an union member. Under Obamacare, every American will be required to buy healthcare, wanted or not.
Your choice to pay additional medical expenses or not.
You don't get the healthcare bill, do you? Even though it's been explained numerous times, YOU ARE NOT FORCED TO CHANGE YOUR HEALTHCARE PROVIDER IF YOU DON'T WANT TO.
Pretty simple really.
You really should look at the facts, not R talking points.
is-socialized-medicine-bad-for-your-wealth: Personal Finance News from Yahoo! Finance (http://finance.yahoo.com/insurance/article/109122/is-socialized-medicine-bad-for-your-wealth;_ylt=AuINY9HsBKjLrFsAHrm99MxO7sMF;_ylu=X3oD MTE5dTUxdHExBHBvcwMyBHNlYwN3ZWVrZW5kRWRpdGlvbgRzbG sDdW5jbGVzYW1zbWVk?.html?mod=family-love_money - broken link)
To hear some people tell it, the health-care bill will destroy America and your stock portfolio. We will become a "socialist" country. You should sell everything, put your money in gold, cash or foreign stocks, and run to the hills.
It's hard to get past the hyperbole and partisan hysteria on this topic. But if we take the calm view, what, if anything, would the bill mean for your investments?
....
Socialized medicine may not be so bad for your wealth after all.
Let's not talk about stocks, but about actual people and medicine.
My husband had a heart attack three years ago. He had a Stent put in the following day.
Had he had the same condition in Europe, he would have received just medication. Why? Because in Europe
the social medicine is trying to save money.
Research shows that people who have a stent with the combination of medication live 30% longer than people who just get medication.
In the US it's the decision of the Dr. to follow the research.
In Europe it's the decision of the government.
Had he had the heart attack in Canada, he might have been still waiting for the stent until today.
Under Obama care, the top 10% primary care doctors who refer to specialists would get fines for referring too many people.
Do you want your primary care Doctor to think of you and your condition when you ask for a referral? Or do you wnat him to think about whether you are the 30 patient this month being referred, and had he reached his quota???
I don't want anyone between me and my Dr., especially not the government.
This article says nothing about the sampling size, who did the sample or the questions asked.
I consider quitting my job pretty frequently; just last week while on vacation.
If they want to quit and get another job, that's their choice.
And when you get sick, and have to stand in line with 30 million more people to see less doctors, who will be afraid to refer you
to a specialist just remember that you told them to go.
Now seriously, why would you choose to ignore the opinion of people that are the ones you go to when you are sick? When they are talking about leaving a profession they have learned for many years to be able to practice simply because they say this will make it harder for them to care for their patient and support their families.
Do you want them to do what Docors in some social countries do, tell you to come and see them privately for a real attention that they can not give you under the government care? I have family that leave in places with universal care, and that exactly what happen there.
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