Watch Your Wallet: Congress is in Session
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- JonRaymond
- added this
The President has said that the health care insurance industry is 1/6 of our economy. Which 1/6 would that be? Because 1% of the population owns more wealth than 95%. So isn't that 1/6 of the economy in the 1% part of the population (his friends) on Wall Street and inside the beltway? The 95% can do just fine without the health insurance industry which makes money on their health care and medical debt.
So the argument that we can't have a universal health care system due to it being 1/6 of the economy is questionable. With universal health care we can eliminate medical debt, which is a big part of the problem, since it is the cause of most foreclosures. Yes the health insurance for-profit industry would be decimated. But it is a criminal industry that preys upon people and holds them hostage for their health insurance premiums, denying care when they need it, and effectively murdering 122 people every day who die for lack of care. As public health nurse Maureen Cruise says, they would be jailed in any other country.
The bank, credit, and finance industry should do just fine without the health insurance sector. After all, the health insurance industry has been making record profits, while everyone else, including the credit and bank sectors, languish as corporate welfare bailout recipients despite health insurance record profits.
The public option is just another bailout for the health insurance sector, which needs it the least of anyone.
Visit http://OutInTheStreetFilms.com/?page_id=3
So the argument that we can't have a universal health care system due to it being 1/6 of the economy is questionable. With universal health care we can eliminate medical debt, which is a big part of the problem, since it is the cause of most foreclosures. Yes the health insurance for-profit industry would be decimated. But it is a criminal industry that preys upon people and holds them hostage for their health insurance premiums, denying care when they need it, and effectively murdering 122 people every day who die for lack of care. As public health nurse Maureen Cruise says, they would be jailed in any other country.
The bank, credit, and finance industry should do just fine without the health insurance sector. After all, the health insurance industry has been making record profits, while everyone else, including the credit and bank sectors, languish as corporate welfare bailout recipients despite health insurance record profits.
The public option is just another bailout for the health insurance sector, which needs it the least of anyone.
Visit http://OutInTheStreetFilms.com/?page_id=3
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- groups:
- Community, News and Politics, Virals, Progressive America, 8 more
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- tags:
- Congress, Health Care, Healthcare, Bailout, 7 more
