Showing posts with label Warning. Show all posts
Showing posts with label Warning. Show all posts

Wednesday, December 16, 2009

Howard Dean: Health Care Bill "Bigger Bailout for Insurance Industry than AIG"

I'm not surprised to see Dean's warning against this bill.
Howard Dean: "We've gotten to this stage. . . in Washington. . . where passing any bill is a victory and that's a problem. . . Decisions are being made about the long term future of this country for short term political reasons and that's never a good sign. . .

There are some good thing s in this bill. The problem is we are now committed to a solution using the private insurance companies and You will be forced to buy insurance and if you don't, you will pay a fine and 27% of the money you put in will not go to your health care it'll go to CEOs who make 20 million dollars a year. . . this is a bigger bailout for the insurance industry than AIG...

I want health care reform, but the choices have been taken away from the American people. . . at this point I think this bill is not worth passing in it's current form.
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Another interesting quote was from Senator Harkin, "I plead with my progressive friends... if this bill were so bad why are 40 republicans on the hill going after it day after day after day and trying to kill it."

I'm struggling to remember which logical fallacy he just used to make his case. Regardless, I'm sure you see the folly in his statement since it basically means... If some Republicans oppose a bill therefore it's a good bill. According to his own logic, if Democrats (not even a majority is necessary) support a piece of legislation therefore the legislation is 'good'.

Wow, what's this country coming to when people like Howard Dean are warning the American public about the dangerous track our nation is going down?

Watch Howard Dean's comments on this bill on YouTube

Wednesday, February 11, 2009

Putin Warns U.S. to Back Off from Socialism

Russian Prime Minister Vladimir Putin warned the U.S. to stay away from the path of socialism and 'state control' today at the World Economic Forum in Davos, Switzerland.
...the US should take a lesson from the pages of Russian history and not exercise “excessive intervention in economic activity and blind faith in the state’s omnipotence”.

“In the 20th century, the Soviet Union made the state’s role absolute,” Putin said... “In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.”

... Putin said, “Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors, and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state.”

...Putin also echoed the words of conservative maverick Ron Paul when he said, “we must assess the real situation and write off all hopeless debts and ‘bad’ assets. True, this will be an extremely painful and unpleasant process. Far from everyone can accept such measures, fearing for their capitalization, bonuses, or reputation. However, we would ‘conserve’ and prolong the crisis, unless we clean up our balance sheets.”
Hell has frozen over...

...and those in Washington are much more foolish than you or I (that much is obvious when the Russian Prime Minister has to warn us of this).

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