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Frank J Eberhart,CEP®,RFC®,Author

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Blogs by Frank J Eberhart,CEP®,RFC®,Author

Careful what you vote for PART II...
7/23/2009 7:04:55 AM    [ Flag as Spam or Inappropriate ]

My short term memory must have failed, I don't recall having a health care crisis until they told me...
Well, it seems I was not far off from the supreme rulers outcome, 33 czars all-reporting to the king. The big issue is when the party tries to defend itself with an 8 trillion dollar deficit (1.3 trillion with George looks pretty good-eh?) Trying to convince us that his health care reform is good for us. If I remember correctly, maybe my short-term memory forgot, I did not realize we were in a health care crisis until they informed us about it. Of course we go way back to Clinton and Bush-they were all for health care reform, however, the Dem's did not want it. Why? Because the reform they were talking about (along with Freddy & Fanny) were Medicare and Medicaid. By the way, Medicare is 38 billion in the red and will be completely broke by 2017! Why in the worlds do we make Medicare mandatory? It should be an elective option, many, many, many individuals like GM, Merck, and others provide medical benefits to retired employees, most of whom complain about having to use the cover nothing Medicare as primary. This would save billions of dollars. Then why would we want 3 failed programs for medicine? Medicaid, Medicare, and now a 3rd?
Let's talk about the consequences of this irresponsible idea.
1. The government claims they are more efficient than the private sector, they do not include benefits, salaries, etc in their equation-put that in the government runs around 7800 annually Vs. 4800 private
2. They want to reduce hospital payouts for Medicaid by 30%, since most non-profits run around 2% operating income-you do the math
3. He wants to cut doctors payouts by 20%-so where are you going for your health care-I guess the next logical place would be your vetinarian under pet health you can buy.
4. They claim 2 trillion in savings-where? Fictious numbers of health care providers "voluntarily" reducing costs over time...uh huh
5. 52 million Americans uninsured-20 million are illegal immigrants they are counting-do you want to pay for them? -I don't
6. Cost for mediocre health care-most countries that offer socialized health care systems are going broke, and when you turn 65-you are no longer provided any health care at all!
7. Most individuals from other countries that need serious treatment come to America.
8. Does this administration really think that we are that stupid that adding 6.6 trillion more to our deficit (that's 6.6 trillion more than when Bush left office-and in less than 6 months) and at least 1 trillion more with socialized medicine that our costs will not go up-but they actually claim our costs will go down!
9. Raising corporate taxes, (and believe me individual taxes will go up), taxing benefits to the middle class, raising taxes on the goose that lays the golden eggs-well eventually the goose will be out of eggs.
10. Corporations don't pay taxes-we pay it for them with higher product costs, services, etc.
11. Bailouts-what a joke that is, this administration has taken the banking industry and made them supreme rulers of the universe.
12. I keep hearing taxpayer return? Have you seen a check from Chrysler, GM, Goldman Sachs?
13. Promise of b-partisanship-it has never been more partisan in the history of America! I have a six year old that acts better than our government officials!
Solutions:
1. Get rid of Medicaid, Medicare, replace with one system based on a sliding scale income, and or public assistance.
2. Private sector stays in private sector can't cross over because of cost.
3. Create a "health care fund", this can be funded with a national consumption tax, it can be allocated to private and public health care, hospitals, on an equal basis or by electronic request with certain criteria to be met.
4. The major health care providers can operate the system and fund since they have everything in place to do so. You can have an economic advisory board (similar to the Fed) to oversee.
5. If any one retires with medical benefits, they are not eligible for government subsidies unless they can prove the need for prescription or hospital shortfalls that jeopardize finances.
6. Lower corporate taxes, lower income taxes across the board.
7. 52% of America does not pay income tax, a simple tax system would create huge revenue-if you make 25,000 and you get back 2500 in tax refund, send back 2000, 26,000-40,000 you get back 4500-send back 3750, and so on. Everybody gets to share the tax burden fairly-not just the golden goose (who is now laying gold plated eggs).
Politicians need to understand this is NOT THEIR MONEY, they are like lost souls who can't find their way back to reality. Let's help them by voting them out if they don't want to join the rest of America in the reality we live in!

I love America! Let’s keep it that way!


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More Blogs by Frank J Eberhart,CEP®,RFC®,Author
•  Careful what you vote for PART II... - Thursday, July 23, 2009  
• Protectionism...? - Thursday, March 12, 2009
• Careful what you vote for - Sunday, March 01, 2009
• Politcal Decisions Vs. Economic Decisions - Friday, September 26, 2008


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