The Health Care Pirates

There are headlines, likely rigged, stating that business likes McCain’s health care ideas. Well, you betcha. It’s a Wall Street takeover of American health care.

But there are severe criticisms. Even the business rag Wall Street Journal says, “John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts of $1.3 trillion over 10 years to the government programs.”

Buying health coverage on the open market is a tremendous step; will take decades to mature; can be intensely cruel for millions of Americans.

We all know that ‘administrative costs’ are drained into private coffers under our current messy system – the highest percentage in the world.

What about adding fleets of sales and their commission costs?

In many cases a salesman will receive thousands to sign up a new customer. Already, commissions are as high as $1,000 for signing up a zero cost Medicare supplement! Already commissions exceed $2.500 for each new commercial Medicare supplement policy.

There are no rules.

Although our medical system has many profiteers, there’s not been usury in health care since rules and laws shut down the era of snake oil. Well, except for food and supplement and spa. Like mortgages and credit cards, McCain’s failed ideology, it’s not science or economics, will erase dozens of laws in each state and leave us like sitting ducks.

McCain’s health program is another relaxation, similar to the lifting of the commodities regulations and the loosening of credit swap and derivative rules.

Our pay, mortgages, credit, pensions and the dollar are already destroyed by loose pirates.