Wednesday, July 15, 2009
Health Care and some more
It is sad that Congress has to deal with so many crises. We had the unemployment crisis so they passed a stimulus package to keep unemployment from exceeding 8%. It is now at 9.5% and expected to go near 11%. So much for Congressional rhetoric. Then we had the automobile manufacturing crisis and we needed to have a bailout for the auto industry. And what do our tax dollars get us? Well we saved UAW that was part of the problem together with poor management and now as taxpayers we own an auto company. The UAW now owns more of GM then the bondholders that invested in this company. Something that was previously unheard of before this bailout. Bankruptcy court was told what to do that is another unheard of move. Now we are going to have the government run health care. Regardless of what this administration claims, this system of health care will have the same problems that are in Canada and England just on a bigger scale. Of course a deficit of 1 Trillion dollars is no problem since we will just tax the wealthy to pay for it. And if you believe you will have better health care because of this you are either a fool or just dumb. Take your pick. Now have you heard of anyone in Congress say they can’t wait to take part in the government health care? Of course not, since they will not be a participant. Criminals will never legislate against themselves. You don’t expect them to give up their plans. Congress will never pass a law that would screw them but the voters that elected them is a different story. After all, they have been doing that for nearly a hundred years.
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