Our Industrial Economic System is Officially Broken
INDIANAPOLIS (AP) -- Health insurer WellPoint blames the Great Recession and rising medical costs for its planned 39 percent rate increase for some California customers.
Whether its 39%......99%.....or 199%......it is simply getting too expensive to maintain the current system as millions lose jobs and get wages slashed.
It is getting more and more difficult to meet industrial age expenses as we drive our economy to greater efficiency and less labor. Our cities, counties and states are on the brink of bankruptcy. So are many of your businesses and families. Now countries around the world are going broke.
We must restructure the system, and the longer we wait, the more painful for all as the bankers do Gods work and get divine bonuses.