Thursday, September 18, 2008

Not an American

Two posts appearing in one day. They've been building up. Inventory sale.

You are not an American if... You haven't lost your retirement savings in all the financial institution's collapse.

I mean it. Isn't amazing that the champions of free enterprise will use hundreds of billions of dollars to prop up the friends of the Republicans. I mean the thought of having to detach themselves from chauffered limousines must keep them aroused in the recent weeks.

The electorate has shifted away from the Republican nominee and his Alaskan floozy. It is one thing to be a red neck but it is quite another to have one's entire retirement funds disappear or having a house foreclosure due to the collapse of the mortgage holder. Obama is five points ahead again.

And isn't astounding that people lose loved ones due to the avarice of medical practitioners in the US. The US government stands by in the carnage of an inefficient health delivery system. People die in the thousands. Yet the instant a financial institution moves into health problems, hundreds of billions of taxpayer monies are put up front to buy out the problem.

This is a lesson that no economic model works efficiently. At the end of the day any economic model works if the practitioners are honest. Economics depends on people. Sadly every economic model at its age sort of weeds out the sound and leaves only the greedy.

Make no mistake. The US government's financial scrambling to protect companies like AIG and others is not meant to save the US nation, its sole purpose is to save the wallet depletion of Bush's friends and business allies. Bush and his compatriots have done this routine before with the Savings & Loans Crisis when they defrauded poor mortgaged home owners and lined their pockets with $120 Billion of taxpayers money. Subprime Crisis is only a rehash of the poor mortgage policies of the US.

A properly instituted US public health plan in the US would have likely saved their economy. One of the reasons that people could not meet their mortgage payments was the need to pay the escalating health care cost in the US. Yet Canadian Conservative thinkers insist that Canada should adopt the US health care model. Think again.

1 comment:

Anonymous said...

You've pointed out one of the bonuses for the neo-cons in the USA, who are currently gobbling down taxpayer's money like there's no end to it.

No government is going to be able to afford universal health care, not when it owes 6 trillion dollars or so --- and rising swiftly.

The neo-cons are getting rich and killing the hated, Communist universal health care, all at the same time!