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OBAMA in 2012! Get used to it!
The problem is that there is virtually no competition. The public option is one way to create that competition and the limits on the public option -- from states being allowed to opt out to restrictions for whom can join -- should make it that the public option doesn't completely drive private companies out of business. They will have to become more competitive -- no question -- and that could lead to some companies currently overly bloated and protected by anti-trust exemptions to become more effective.
Conservative paranoid fantasy.
In France there is a robust supplementary private insurance industry, despite a public universal plan that covers every person. But any type of public option will demolish all private insurance here.
Continuing to stoke this paranoid dooms-day scenario effectively employs conservatives as free marketing for large private insurers, who are giggling all the way to the bank.
I've done the research, I've balanced the different approaches. I won't be a dupe of Democrats or Republicans. A limited public option will help save lives. That's more important than ideological debate.
By the way you wing nuts are the only ones claiming anything from the government is freeeeeeee. Talk about simple minded dupes you and your ilk suspended reasonable thought decades ago when you somehow convinced yourselves that you are part of the capitalist class, masters of your own destiny, and deserving of exceptional rewards resulting from your exceptional talent and effort. All the while your real income has gone down, your masters have given and taken away jobs, retirements, and any form of meaningful work. Let's hope God will bless America becuause you've handed it over to Haliburton and Wells Fargo.
I'm guessing you'd have preferred GM to go belly-up? The credit markets to have completely self-destructed? Unemployment rates to skyrocket even beyond where they are now?
Would that be your preferred alternative?
Are not the corporations that took bailout money working like demons right now to repay their debt to the Fed?
The economic crisis was and is very real - the only people "duped" in the past year were those of you who now throw tantrums about "The government is coming! Run for your lives!"
Baloney.
Over the past 4 years, the average profit margin has dropped for health insurance companies from around 5% to 2.2%. If premiums are increasing, why are their profit margins decreasing? If you research an answer to that question, you will find out what the problem is.
The election results last night show conclusively what the electorate now thinks of the current crop of Democrats. Interesting that Obama is so little regarded that his personal intervention in State gubernatorial elections meant nothing except perhaps more certain defeat.
If I show up at an ER, I will be seen by a doctor, regardless of my ability to pay.
Be honest. What you want is for somebody else to pay for your health care.
To "Dear GTO @ 1:01 | 7:42 a.m." what would have been so wrong for GM to file bankruptcy, renegociate their contracts, and continue to operate as they have?
Do you know why those banks are "working like demons right now to repay their debt to the Fed"? American Express was still in financial trouble when they paid back the Fed. The strings that were attached to that money were so cumbersome that the banks are trying to get out as fast as they can to save themselves.
It will never be a fair fight between private and public sectors. The public sector will keep on subsidizing their side with stolen taxpayer money. They are, after all, "too big to fail".
We spend twice as much and get less from our health care system. The majority wants to change that. Stop listening to the extreme reich and your life will improve immediately.
It will be like playing a game with a child who makes up the rules. It doesn't matter how well you play or how well you follow your child's rules, you will lose. That child is the government, and the game being played is control of health insurance industry.
The government currently is in control of 30% of the economy. If they could capture the health insurance industry, that would give them another 18%. In the past you have denied that Obama is pushing us to Socialism, yet, if the government can take over healthcare they will run 48% of the economy. At their current rate of expansion, it wouldn't take much for the government to control a majority of the economy. That would be bad. Just think USSR, but on a slower death spiral.
Last I checked, Italy is not owned by America.
This is so humorous.
To hack with democracy. Seven-twp-percent of Americans favor a public option. Wealth care for billionaires is opposed. We will see mijority rules if they out spend you.