Thursday, February 25, 2010
Obama's Health Care Summit
Originally, I was planning to write about Ron Paul, the idea of a central bank (our Federal Reserve Bank) and monetary policy, and my thoughts about the trade off between monetary policy under a central bank system and the need for comprehensive financial regulation. But, because today is President Obama's Health Care Summit with members of Congress, I would like to say a word about that.
I watched Keith Olbermann's show last night, COUNTDOWN, and I listened to his plea that everyone going into the Health Care Summit should leave their egos at the door. Well Keith, I too hope they will, but I am not very hopeful that that will be the case. I think Congressman Anthony Weiner said it best, the Republican Party is a wholly owned subsidiary of the Insurance Industry!!!
Yes, I know, I am a socialist bordering on being a communist bed-wetter from the 1942 variety. I understand that governments around the world carve out niches for their friends to be able to make a living and the USA is no different in that respect. And yet, when health insurance companies want to call a cleft palate of a new born child a pre-existing condition, I say enough!! Health insurance company CEOs, you are dangerously close to your demise in my hierarchy of crimes against humanity. Yes, we need a public option and I hope this Congress can make it happen. There are too many people in this country without, and that needs to change.