While I think the health care plan is flat wrong, it wouldn't be such a huge deal if the bill contained a good plan for revoking it if it doesn't work. Unfortunately, no one seems to have a backup plan for it. At least not from what I've read.
The majority of the people in America agreed with Obama's vision for America, so I don't understand why the Democrats (which hope to use his grassroots networks in the next round of elections) are fighting him over the most important issue to him.
I'd like to see Obama be up front about the real sacrifices we're going to face with his health care plan, since I don't know myself because I'm too lazy to research, but I can't see how it could do anything worse for America than the Bush Presidency.
While I think the health care plan is flat wrong, it wouldn't be such a huge deal if the bill contained a good plan for revoking it if it doesn't work. Unfortunately, no one seems to have a backup plan for it. At least not from what I've read.
The thing is, with reps I can play the game and make money off of their making of money. I even get to keep a lot of it and do with it as I please (big gas-guzzling trucks, etc). Yeah they are in it for themselves, but they don't care about you! That's a good thing compared to in it for themselves, and making sure you can't play along!
With the dems, they wreck the balance by trying to make everyone dependent on the government, take away your money, implement programs to keep people from getting to their level (all while masking it in fake smoke-and-mirrors compassion), and try to control your life (in a different way than the social conservatives). That game sucks.
Cliff Notes:
Republicans: Every man for himself, two men enter - one man leave mentality.
Democrats: Everyone is getting ed in this system except government, so I can only hope to outrun my fellow comrades while the bear chases us all down!
Last edited by SonOfAGun; 07-24-2009 at 04:43 PM.
Basically, yeah.
Hey, we can provide you with health care, food, jobs, housing, and protection. All you have to do is give us all your money and do what we tell you.
Good intentions I think, but too much sacrifice.
Health care is not the problem. It's costs and this plan does nothing to reduce costs as the CBO proved. Further this will reduce the quality of health care all of us get since health care would be rationed, and we would be on waiting lists to see doctors like they are in Canada and Great Britain. It's not worth sacrficing the greatest health care system in the world to give more people a basic health plan. Quality will be gone.
The liberals are going crazy with power at this time, and it's always scary when Congress has no checks and balances to keep their power in check.
people come to the US for health care from other countirs.
If this bill passes, a panel of people selected will be the ones deciding which procedures we can and cannot get. Individual choice will be taken away.
Yep. Its a scary time whenever one party controls both congress and the executive. Nothing good ever comes of it. Look at the most recent period of good times for the US. Democrat pres, republican congress, and Bill Clinton gets to be remembered for being a good president (sorta). All because one party couldn't it up.
Yes you are. Do you have any clue how much we owe them?
If your suggestion is to print money for all the debt, then you sure as are talking about hyper inflation and massive devaluation of the dollar.
A more sensible approach is to default on part of the debt, and arrange a payment schedule with a reduced rate. Basically, your typical debt restructuring where you end up paying cents on the dollar.
Do you know what Hyperinflation is?
Inflation FAQ’s:This is what I think of when I hear hyperinflation, from wiki; :What is hyperinflation?
Very simply, hyperinflation is runaway inflation or inflation that is "out of control." The definition used by most economists is “an inflationary cycle without any tendency toward equilibrium.”
Zimbabwe’s 2008 economy is a recent example of hyperinflation. In July of 2008, $100 billion banknotes were introduced in an effort to combat severe money shortages. While huge in face value, a single note was still not enough to buy one loaf a bread.I assume you think of this example:Germany
Germany went through its worst inflation in 1923. In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar.[14] In 1923, the rate of inflation hit 3.25 × 106 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000 old Marks were exchanged for 1 Rentenmark[14] so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914.Really timk it would get that bad? Remember, any money we print for paying off the debt to overseas holders does not come back anytime soon. Just being out there, it effectively changes the trade balance.Argentina
Argentina went through steady inflation from 1975 to 1991. At the beginning of 1975, the highest denomination was 1,000 pesos. In late 1976, the highest denomination was 5,000 pesos. In early 1979, the highest denomination was 10,000 pesos. By the end of 1981, the highest denomination was 1,000,000 pesos. In the 1983 currency reform, 1 Peso argentino was exchanged for 10,000 pesos. In the 1985 currency reform, 1 austral was exchanged for 1,000 pesos argentinos. In the 1992 currency reform, 1 new peso was exchanged for 10,000 australes. The overall impact of hyperinflation: 1 (1992) peso = 100,000,000,000 pre-1983 pesos.
Those articles do nothing but fearmonger without answering my question. Thanks for wasting my time.
I want an explaination of how. Not what.
Calling national default a sensible alternative to hyperinflation raises the hair on the back of my neck.
The US has never defaulted. Good thing, since there's nothing but our promise to pay backing the USD. Once the full faith and credit of the USA acquires a dent, it could be the beginning of the end of our superpower status.
Between the Scylla of currency collapse and the Charybdis of national default, the middle road is apparently Keynesianism, socialized risk, nationalization and jobless recovery. Maybe for a whole decade, like Japan. Maybe even for longer. And that's one of the brighter outcomes.![]()
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