Daily PUMA Column - Commentary by Alessandro Machi

Tuesday, March 23, 2010

Random Thoughts on Health Care Reform.

Taxing income earners who are making over 200,000 or 250,000 is going to generate enough money to give everybody in the United States health care, really? It seems too good to be true, unless you make over 200,000 or 250,000.
Listener comments heard on KFI-640 AM radio on Monday, March 22, 2010 on the John and Ken Show. "Are those who will be paying more into the healthcare system so others can benefit allowed to get in the face of someone who is overweight and glucking down a bunch of Big Macs, pies, or both?

John and Ken chimed in with "Will Health care simply be "rationed"? You get whatever you want, but you may have to wait months for the procedure". If the same number of services or procedures are offered as before, but now there are another 35 million people eligible for the services, that could lead to dilution of health care services, or, what can also be called rationing.

Will the I.R.S. have more power to see what we spend or don't spend on universal health care? Is it true that buying catastrophic health care only will not be considered adequate health care coverage?
-end KFI comments
I wonder if universal health care will motivate more illegal immigration since I presume both legal and illegal residents will have access. It appears Barack Obama has promised support of universal amnesty to get support from some congress people.

Beneath the surface, most of Barack Obama's "do gooding" appears to leave the elderly behind. As I became involved in my mother's and father's healthcare I realized that it can become a self defeating prophecy to try and do what is required without assistance from another family member.

The elderly will probably just give up on certain treatments if the timeline to get the treatment is increased because of health care rationing.

In my opinion, unless a cap is put on the amount of time one has to wait for treatment, any attempt at health care reform will be tainted since it will mean that those now paying more into the system may actually get worse health care than they had before.


2 comments:

Anonymous said...

Hi, Alessandro,

Since you're targeting Chase Bank in particular, I thought you might have looked into this.

How much difference is there among the major credit card companies and/or bank cards?

There's an argument that if we could buy health insurance across state lines, all the insurance companies would move to the easiest state, and would all then offer the same package, "like credit card companies in Delaware"? Yes, the credit card companies incorporate in Delaware, but is there no important difference in what they offer?

Flora Steele
1950democrat@gmail.com

Alessandro Machi said...

To be clear, I am not the only one targeting Chase Bank. ABC news just ran a special on how banks purposely stall on home mortgage re finance deals so they can charge expanding fees and penalties, Chase bank was the bank featured in the news story.

I started the Parallel foreclosure blog because of a news story that featured, Chase Bank and their practice of initiating foreclosure action the moment someone asks for a home mortgage modification.

Jamie Dimon is a spoiled, bratty, overly self important villan who games both political parties against each other. In Ohio, Dimon pampers the republicans and attacks quality democrats like Marcy Kaptur to get his abusive way.

In Chicago Jamie Dimon is Barack Obama's and Oprah Winfrey's best friend.

When the credit card reform bill act was passed, Chase bank insisted that no notification go out to ONE MILLION OF THEIR MOST HONEST, LOYAL, AND NEVER LATE PAYING CUSTOMERS who had low interest rate loans, that they would be eligible for a five year pay down program that would not raise their monthly payment rates.

Instead, Chase bank commandeered these accounts and raised the monthly payments by ANOTHER 150% above and beyond what these people were already paying every month and lobbied so that they did not have to tell them about the five year play down program!

If the unknowing Chase Bank customers could not afford the new, MUCH LARGER monthly payment, Chase would jump their interest rate from 2.9% to 29%!

----------------------

In terms of what is a good credit card. There is no such thing. Debt is no longer a good thing to have.

Any credit card is theoretically good if you keep the balance owed to a thousand dollars or less AND ALWAYS MAIL IN YOUR PAYMENT 10 days before the deadline or pay it online 5-6 days before the deadline.

---------------

Chase Bank SUED FOR FREEZING HOME EQUITY LINES.

CONSUMERS to lose 100 MILLION to 1 BILLION DOLLARS A MONTH BECAUSE OF CHASE BANK'S RAISE IN THE MONTHLY MINIMUM PAYMENT ON LOW INTEREST CREDIT CARDS.

The Cat Who Ate Chase Bank

Daily-PROTEST

ROBOTS AGAINST CHASE

BLOGGERS AGAINST CHASE BANK

PARALLEL FORECLOSURE

CREDIT CARD COMPANIES ME FIRST AGENDA IS CAUSING SOME STATES SERIOUS FINANCIAL LOSSES.

ChangeinTerms.com

Jamie Dimon's Competence Called into Question by John Kay.

It has been said of CE of JPMorgan Chase, Jamie Dimon (who does not have a banking qualification), that his dominance exists because at every meeting all the participants know that he could do each of their jobs better than they could. But the business world cannot operate at all if it can operate only with individuals of the calibre of Dimon. --John Kay

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