Use access key #2 to skip to page content.

Peter Schiff - Dropping the Bomb on Health Care



December 23, 2009 – Comments (1)

As business owners undergo the yearly ritual of passing through eye-popping health insurance premium increases to their employees, it's easy to understand why any attempt at health insurance reform would be met with some degree of hope. Unfortunately, President Obama and his Democratic allies in Congress are about to take a very bad system and make it unimaginably worse.

While ramming their new legislation through Congress, the Democrats have taken great pains to point out that they do not intend to "socialize medicine." But make no mistake, that's where we're headed. Even if some naïve centrists believe that their efforts have denied the Left a total victory, the practical implications of the current legislation sow the seeds for complete capitulation.

Full article

Also, here's me reposting the joke I did with  (Language warning.)


1 Comments – Post Your Own

#1) On December 23, 2009 at 9:37 PM, devoish (67.86) wrote:

The real tragedy is that the current bill does nothing to restrain the forces that are propelling healthcare costs into the stratosphere, namely: regulatory bans of insurance competition, (wrong, and it was a bad thing to do.) the out-of-control medical malpractice industry,  (caps on malpractice payouts enacted in Texas in 2003 have not lowered premiums there) federal programs and subsidies, (the goal was to get more people able to pay for healthcare, not reduce the cost to some by eliminating competition for healthcare services) and a tax code that favors a third-party payment system - which alienates the patient from the cost of his care.

Report this comment

Featured Broker Partners