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Politics, business, music and sports. In other words, just a guy

Follow the [European] Leader? Right Off the Fiscal Cliff....

Reprinted from www.foundersintent.org

Last week, many pundits commented on the New York Times op-ed that vindicated Sarah Palin’s infamous “death panels” that drew scrutiny from Democrats and moderate Republicans during the ObamaCare debates of 2009.

See, Republicans boasted, she was right all along! Even the New York Times admits that there will be rationing. Yes, Steven Rattner did write in his op-ed that “unless we start allocating health care resources more prudently—rationing, by its proper name—the exploding cost of Medicare will swamp the federal budget.” Yes, Rattner did write that “elderly Americans are not entitled to every conceivable medical procedure or pharmaceutical.” And yes, he also stated that families that try every available treatment option to extend or improve the life of their elderly relatives are “an enormous societal cost that few other nations have been willing to bear.”

But what lies beneath his fatalistic tone, rivaling the grim appearance of the ghost of Christmas future with his grey index finger extended towards the grave, is Rattner’s abdication of American ingenuity. He admits in his column that Americans can hope for no better solution than any other country in the world has attempted within its health care system. We are not the first society to stumble down the rugged path of nationalized health care; instead, we are blindly following the lead of other ragged nations:

No one wants to lose an aging parent. And with price out of the equation, it’s natural for patients and their families to try every treatment, regardless of expense or efficacy. But that imposes an enormous societal cost that few other nations have been willing to bear. Many countries whose health care systems are regularly extolled — including Canada, Australia and New Zealand — have systems for rationing care.

Take Britain, which provides universal coverage with spending at proportionately almost half of American levels. Its National Institute for Health and Clinical Excellence uses a complex quality-adjusted life year system to put an explicit value (up to about $48,000 per year) on a treatment’s ability to extend life.

At the least, the Independent Payment Advisory Board should be allowed to offer changes in services and costs. We may shrink from such stomach-wrenching choices, but they are inescapable.

BRITAIN, REALLY?

Since when should we “take Britain,” for example, when tackling such Herculean challenges? Surely we did not “take Britain” when George Washington crossed the Delaware River. Surely we did not “take Britain” when Neil Armstrong, who once said, “I believe the good Lord gave us finite number of heartbeats and I’ll be damned if I’m going to use up mine running up and down a street,” became the first man to set foot on the moon. And we did not “take Britain” when Steve Jobs envisioned a phone that would weigh less than a roll of quarters, pinpoint your exact geographic location, list the top-rated restaurants within a three mile radius of your vehicle, all while carrying on a conversation.

But if you are a deconstructionist, you certainly would “take Britain.” If you believe American history is a story of woeful, harmful people with no significance, value or purpose, then finding a cure for an insolvent healthcare system which treats all patients equally while providing exceptional care is too large of a mountain to climb.

Only a deconstructionist believes the Independent Payment Advisory Board necessarily plays the part of savior and grim reaper, and, in Rattner’s view, should be allowed to offer changes to services and costs.

The best we can hope for is a board of 15 “advisors”— who can only be repealed with a three-fifths majority in both chambers during a seven-month window in the year 2017— prescribing end of life decisions to our trained, educated  neurosurgeons?  They should be allowed to limit or restrict health services to American citizens because searching for an alternative solution is hopeless?

HEADING FOR THE CLIFF

This, I believe, is the argument we will hear from the left moving forwardhope and change dwindled down to hopeless changes. Even though the government is too big to fail, you are not. You are expendable.

Let’s not forget that with the elderly population growing rapidly, even if cost increases for each beneficiary can be contained, Medicare would still claim a rising share of the American economy.

Medicare needs to take a cue from Willie Sutton, who reportedly said he robbed banks because that’s where the money was. The big money in Medicare is not to be found in Mr. Ryan’s competition or Mr. Obama’s innovation, but in reducing the cost of treating people in the last year of life, which consumes more than a quarter of the program’s budget.

Our President famously stated that he believes in American Exceptionalism, just as the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism (insert images of chaos and anarchy roaming the cobblestone streets of Athens).

I’m glad George Washington never subscribed to this monolithic image of America’s future— or we would know Britain’s universal healthcare system sixty-seven years intimately. But then again, we once had a President who believed that “someday, following the example of the United States of America, there will be a United States of Europe.”

H.E. Pennypacker

2:26 pm on Monday, October 15, 2012

Right on brother! This is the liberal utopian eugenic wet dream, kill off all of the undesirables and create a perfect, healthy human race, where we are all equal(well not the liberal elites, they still get their white wine and brie) and the masses work like slaves to feed the intellectuals!

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Michael Schwister

9:59 pm on Monday, October 15, 2012

Yep!The American way of giving 25% of our healthcare dollars to Insurance companies is the best way to control costs and insure the best healthcare we can have.

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Ed Willing

8:46 pm on Saturday, November 17, 2012

Actually, Michael, it's about 2-5%.....

Fred van der Wal

10:31 pm on Saturday, November 17, 2012

The fundamental difference between Europe and the U.S., Europeans believe, is that Americans regard public services as a bonus rather than a basic right. For some, this is evidence that the American system is deeply flawed. "It was a scandal that the world's richest country for so long offered its citizens such pitiful protection against illness or injury," wrote Gregor Peter Schmitz, Washington correspondent for Der Spiegel on its website Monday. "It seems entirely possible that, in 10 years time, Americans will find it hard to believe that they didn't always have the right to health insurance."

In Europe, voters demand that their governments offer good public services — including decent education and medical care — and regularly vote them out of office when they fail to deliver. Taxes may be slightly higher in Europe, but medical fees are heavily subsidized by governments and are drastically cheaper than they are in the U.S. The French, for example, pay a fixed $30 for a doctor's visit — and proposals to raise that fee even a few cents can ignite national protests. And in most of Europe, insurance companies are barred from rejecting applicants because of pre-existing conditions.

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Craig

8:50 am on Sunday, November 18, 2012

A Dr. in France makes $40,000/ year while a Tool and Die maker earns $80,000.

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James R Hoffa

12:20 pm on Sunday, November 18, 2012

@Fred -

"Taxes may be slightly higher in Europe, but medical fees are heavily subsidized by governments and are drastically cheaper than they are in the U.S."

So, if the European taxes are only "slightly higher," which McBride actually did a great job of debunking, then where are the European governments getting all this extra money to "heavily subsidize[]" medical fees? Oh, that's right - they borrow it from other countries until they take on so much debt that their government reliant economies begin to crumble, as we've seen with Greece, Spain, and to a certain extent Italy and Ireland.

While the US federal government also carries a large amount of debt, 1) it's mostly borrowed from ourselves, and 2) it is the goal of the politically conservative citizens of this nation to balance our budget and eventually eliminate that debt.

You see, many Americans still have a sense of freedom and individual personal responsibility, as opposed to being government dependent.

Lyle Ruble

8:15 am on Sunday, November 18, 2012

@Edward Willing...A eloquent piece, but what's the point? You're all over the map with what you have written. It is hard to discern what you are advocating and what you're not. Mr.van der Wal states a relevant point, that other nations and societies have taken the position that healthcare is not a privilege, but a right. Before you start writing shouldn't you establish what Americans' value and what is the foundation of those values. We are a nation of over 300 million, where the largest nation in Europe is somewhere around 80 million. Whatever we do must take into account the huge difference in population sizes and diversity. As far as death panels go, every healthcare insurance company already has death panels in place and are making decisions daily what services they will cover and what they will not. At present the consumer doesn't have any input into those decision without going through the courts.

However, the basic question for you to answer is whether or not healthcare is a right or a privilege.

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Craig

8:54 am on Sunday, November 18, 2012

Lyle: At least we can take an insurance company to court, if it is the Federal Government- they stall with red tape until you are dead.
A hearing for Social Security claims takes years, sometimes up to five.
We can't tell cancer to wait.

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James R Hoffa

12:09 pm on Sunday, November 18, 2012

@Lyle -

"As far as death panels go, every healthcare insurance company already has death panels in place and are making decisions daily what services they will cover and what they will not. At present the consumer doesn't have any input into those decision without going through the courts."

This is BS and you know it. If people want more/additional coverage, all they have to do is pay a higher premium. Or, they could always pay cash-out-of-pocket as they utilize services.

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Randy1949

12:37 pm on Sunday, November 18, 2012

That's true, Hoffa. One can always pay for a service out of pocket, which will ration healthcare on the basis of personal wealth.

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James R Hoffa

1:26 pm on Sunday, November 18, 2012

@Randy1949 -

Not necessarily true. Caregivers need to eat too. And there aren't enough wealthy people out there to single handedly support the entire industry at an exorbitant cost level. The discounters will surface once they're free of over-burdensome regulation and having to provide services for free just so people can instead spend their money on 24" spinner rims, unlimited cell phone plans, flat screens, pay TV service, bling, fancy kicks, etc.

Remember Dr. Nick Riviera from the Simpsons:

http://www.youtube.com/watch?v=aqImkDgDwHU
http://www.youtube.com/watch?v=KbqPqeaRkGw

He was a good guy ;-)

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David Tatarowicz

2:07 pm on Sunday, November 18, 2012

@JRH aka Rep Troll ....

Nice talking points again --- but wrong.

Health insurance companies have the so called "Death Panels" and use them ..

A friend of mine was just in the hospital --- has primo health care coverage -- went into ER and within a day was in coma for over 2 weeks -- and spent just about a month and a half in bed --- mostly in the ICU.

When out of he ICU, this person needed to get their strength back for walking (also had knee replacement about a year before) --- BUT the insurance company would not let them be transferred to the Rehab Dept --- which at Sinai in Milwaukee is State of the Art --- insurance company insisted the patient did not qualify for Rehab Therapy, and kept the patient in a Med ward at lower cost --- but doing nothing to get the patient the Actual Care They Needed and The Doctor Kept Saying was Appropriate ...

I myself almost died of a pulmonary embolism because my insurance provider (top drawer again) insisted I be discharged despite a need for oxygen --- I was back within 2 hours in ER and then to ICU for a week --- and according to doctors and nurses was on the brink of death due to insurance bs......

Jimmy -- try to get your talking points on this subject from doctors and nurses who deal with it every day --- not from the insurance companies that contribute to the Republicans ---

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James R Hoffa

2:59 pm on Sunday, November 18, 2012

@David -

Obviously, you missed Hoffa's response to you over on this board:

http://mountpleasant.patch.com/blog_posts/when-rhetoric-becomes-dangerous

So, here's a reposting for you:

Honestly, Hoffa has no idea what in the hell you're talking about! But if indulging in half-baked conspiracy theories is your thing, knock yourself out!

The Patch editors know who Hoffa is and that his story is legit, so honestly, you may want to reconsider this one!

Regarding the tax situation at Hoffa's restaurant 1) Hoffa is only a co-owner and not a full owner; and 2) it works exactly like Hoffa says it does when a co-proprietor also works at the business as an employee and issues himself a regular paycheck.

And just to set the record straight, the restaurant is incorporated under Wisconsin law as a C-Corp.

And yes, our business taxes have gone up under Obama via our mandated unemployment insurance contribution - all businesses in Wisconsin were effected by this.

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David Tatarowicz

3:11 pm on Sunday, November 18, 2012

@JRH Yes I did see your response --- sorry I couldn't reply sooner, but with work and family I cannot spend all the time you do on Patch ...

I saw your response, I just didn't believe it !!

Sorry, but you still do not strike me as what you try to portray yourself as.

Especially your explanations about business --- you really do need to learn more about that.

But --- I have and do enjoy your postings --- you are a very good writer, you intertwine the Rep Talking Points very well into your narratives.

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James R Hoffa

3:12 pm on Sunday, November 18, 2012

@David (continued) -

Hoffa never has and never will perpetuate anyone's talking points. If anything, others derive their talking points from Hoffa.

Now that we're straight on that, let's address your post - it's all BS.

You act as if insurance is the only way to cover the costs of medical services. Well, that just isn't true.

If you knew that you needed oxygen, and your insurer was unwilling to cover it for whatever reason, you could have simply paid cash out-of-pocket for it until such time that you settled the dispute with your insurance provider.

And if you want an all inclusive policy that covers everything without any kind of dicking around, they do in fact exist - the only question is do you want to pay the premium?

But to say that insurance companies have "death panels" is ludicrous, as insurance companies don't decide the care that you receive.

The only job of the insurance company is to pay valid claims made against the policies it writes - that's it. Is it covered, or isn't it. If you want more coverage, all you have to do is be willing to pay for it.

Every healthcare provider that Hoffa has ever dealt with gladly accept $100 bills as compensation for the services they provide. Hell, Hoffa once negotiated a like kind exchange, agreeing to host a Christmas party for the hospital staff at his family restaurant in exchange for the treatment they provided to his mother when she fell off a step ladder and injured herself.

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David Tatarowicz

3:26 pm on Sunday, November 18, 2012

@JRH Of course you can buy whatever you want if you have enough $100 bills.

Which is also the case under Obamacare --- all you have to do is select the insurance coverage you want, and if you are willing and able to pay for it, you can get coverage that will include everything !!!

Now we don't all have Family Restaurants that put that many $100 bills in our pocket (although you were protesting before that you barely made any money from your enterprise) --- so most of us mere middle class mortals, have to pick coverage that has deductibles and limitations.

But no matter --- with the Insurance Exchanges --- Jimmy can pick whatever coverage he wants --- and have everything included if Jimmy can pay for it.

Or of course, Jimmy can just take $100 bills out of the restaurant register and pay cash ............... oh, and by the way, in a brief period when I did not have insurance coverage and I was paying CASH --- my doctor at Froedtert MCW could not charge me the lower rate that my prior insurance paid -- he said the hospital would not allow it, and I had to pay a higher rate since I was paying CASH !!

Question: The doctors you use who do barter with you, do they take chickens? Are they licensed in the US ?

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James R Hoffa

3:47 pm on Sunday, November 18, 2012

@David -

Believe what you will about Hoffa - those who know Hoffa personally know that he speaks the truth here about himself.

BTW - The restaurant is only an investment / supplemental source of income. Hoffa's regular job is as an independent sole practicing attorney.

Obamacare sucks because it doesn't allow one freedom of choice. For 15 years, Hoffa has been self insured, paying cash out-of-pocket for U&C care and has NEVER stiffed anyone on a bill. Hoffa also maintains an individually crafted and specific catastrophic care policy for contingent/uncertain situations only.

Obamacare says that isn't good enough - that Hoffa needs to fully integrate himself into the cookie-cutter hierarchy of the modern insurance catastrophe or Obama will hit Hoffa with a government imposed fine. Why? So that Hoffa can help pay for and subsidize the health care costs of others.

Sorry, but Hoffa rejects your socialistic BS. Take care of yourself and your family and Hoffa will take care of himself and his family. What is so wrong with that?

And most care providers will actually charge a lower cash rate than what they bill back to insurance companies. Even the uber-liber Daily Kos confirms this:

http://www.dailykos.com/story/2012/05/29/1095722/-The-problem-with-health-care-what-it-costs-vs-what-insurance-companies-have-to-pay

Try again!

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The Anti-Alinsky

4:32 pm on Sunday, November 18, 2012

David wrote: "...Which is also the case under Obamacare --- all you have to do is select the insurance coverage you want, and if you are willing and able to pay for it, you can get coverage that will include everything !!!..."

Just wait and see how great your health care will be now that the insurer is also the adjudicator for health care disputes. You think Sarah Palin was kidding about "Death Panels"? You are in for a rude awakening.

C. Sanders

8:58 am on Sunday, November 18, 2012

Many are bracing for the U.S. Government to deploy another crack management team for Obamacare, like we've seen with the Post Office, VA, Department of Education, Department of Energy, Bureau of Indian Affairs, FEMA, Department of Homeland Security ..... Well, you get the point.

Those that condemn health insurance companies will finally get to live the dream of the perfect efficiency of a Government run national health program that is fully acessable to be further tampered with by the self-serving agendas of elected officials.

God help us.

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David Tatarowicz

2:53 pm on Sunday, November 18, 2012

@ C Sanders Do you understand that under Obamacare it will be Private Insurance companies that still provide the coverage ????

This is not Medicare or Medicaid --- nobody is going to be covered by a government health plan.

The Insurance Exchange, which Walker has opted out of, is a mechanism for people to choose the PRIVATE INSURANCE COMPANY for their coverarge.

The Insurance companies have been asked to do more --- no lifetime limits on coverage, at least 80% of premiums go to actual services, inclusion till age 26 on parents plan, no denial for pre-exisiting conditons, etc ............

In return the Insurance Companies need fairly healthy people as well as the others to amortize the costs over a larger base, and that is what Obamacare does is create that larger base, by mandating coverage for all.

To see just how it works, go to Romneycare in MA --- same basic plan.

Fred van der Wal

1:09 pm on Sunday, November 18, 2012

@Mr. R Hoffa Europe is trying and I say trying for it's tough fore them to come to a mutual agreement given the fast difference cultural politics.However Europe is still in the progress of molding a economical and industrial unit.Mr.The original group of nations are still strong economical.The country's you named,Greece,Spain,Italy and of late Turkey who entered the this union are economical weak.Problem for these country's are that they depend heavily on tourism income and to a lesser degree agriculture.You mentioned that to afford this type of care,country's borrow money.And that might be so but healthcare is directly covered by local public and some private institutions like banks and large retirements funds.Indirectly each nation part of the European Union has to pay a contribution which can be used for healthcare and other other types of "industry",so you see country's indeed borrow money from each other but it's paid back through means of means that can benefit all included.Unfortunately due the fact that country's like Spain,Turkey already was weak the burdens are increasing.And granted there is lost of unrest and many feel that secession from this European would benefit.The Gentleman McBride's link is valid but it's not only the Netherlands burden but others as well.
Yet coming back to healthcare,the people from Europe have chosen that this is a burden they choice to keep healthcare available for all to profit from.

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James R Hoffa

1:33 pm on Sunday, November 18, 2012

@Fred -

Indeed, it all comes down to choice.

The reality is that we can't logistically provide the absolute best medical services to everyone - it's impossible under any system. So, you can either choose a free market system where a majority of the choices stay between the doctor and the patient, or you can choose an interventionist government system, where bureaucrats make the decision on how to ration care.

While you may personally prefer the bureaucratic system, many American tend to value the free market system where the ultimate choice belongs to the individual. And the more free market it is, the more competition actually plays a role in improving services and reducing costs.

Fred van der Wal

1:23 pm on Sunday, November 18, 2012

I found this link to support my argument,blogged by a American Expat living in Europe on this topic.i will post the link below but she writes that:
expat community around the world and those persons who have international experience to please share their first hand accounts of living under a strong social safety net that includes universal medical for all from cradle-to-grave as a core value. Also while concurrently asking as all workers in the European Union (even low wage workers) receive medical and dental benefits, 20 to 30 days paid vacation, paid sick leave, paid maternity leave, plus many paid holidays off: The excuse that American firms give is that they could go bankrupt if they provided these same benefits to American workers but in the European Union, the same companies provide these benefits and they don't go bankrupt. This clearly we can see with our own eyes.

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Fred van der Wal

1:25 pm on Sunday, November 18, 2012

When will American workers finally wake up, stand up and say we are mad as hell and we're not going to take it anymore. G.E. and other American multinationals should be providing the same benefits in America as they do in France (by law) and other EU countries. It's a simple issue of social justice for the American working class in order save the American dream.
Of course you guys again wonder why I'm here instead enjoying this European Utopia.All has to do of coming to the US working under the umbrella public relation.Finding himself in a relation and having two goblins to care for.
So other then the excuse of healthcare I don't see reasons to return soon.

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Bob McBride

1:56 pm on Sunday, November 18, 2012

Just because you came over here, got yourself involved with someone and had a couple of kids doesn't mean we're obligated to turn ourselves into a welfare state for your benefit.

This is what happens when people become reliant on the government to solve all their problems for them.

Use your head. Figure out a way to get yourself and your brood back over to your homeland. Obviously this issue is so important to you that whatever it is that brought you here in the first place takes a back seat to it. You knew, or should have known, what the situation was here before you came here. Otherwise, just deal with it. You have no interest in taking the initiative to become a citizen. Why the heck should anyone else be interested in providing you with the comforts of your homeland?

Fred van der Wal

2:08 pm on Sunday, November 18, 2012

Bob your the most charming person here yet...well all most that is.I indeed could figure a way back but then I be running in so many Americans who already have given up living in the USA.That's why I stay here and tell you all about those smart people who moved from here to Europe.
Actually sad,your so much anger and bitterness,if not taking care,one might find you in a hospital with cardiac problems and how to pay that these days right?

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Bob McBride

2:42 pm on Sunday, November 18, 2012

Fred, trust me, we're all aware of those "smart people who moved from here" (as well as the ones still here who'd prefer, as you do, that the government take care of them from cradle to grave). No need to deny yourself the same opportunity as a favor to us. However, if you're sincere about your concerns for this nation, obtain citizenship so you can vote your concerns and renounce your Dutch citizenship. Put some skin in the game. Make the kind of commitment to this country that you seem to think it needs to make to you.

Fred van der Wal

2:24 pm on Sunday, November 18, 2012

@James R Hoffa;thank you for your responds on 1:33 pm on Sunday, November 18,..and yes I think your response is very valid when you say:"The reality is that we can't logistically provide the absolute best medical services to everyone "but by acknowledging this,than you would also acknowledge that if the Obamacare is not preferred,today's healthcare is not all that great either and much needs improvement to get it at least more workable for the General public.
To use the free market system as tool and possible preferable over bureaucratically red tape to leave each chose their medical needs.If it works for all Americans not a few.

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James R Hoffa

3:26 pm on Sunday, November 18, 2012

@Fred -

You were probably living over in the Netherlands at the time and don't recall from personal experience, but before employer provided health insurance became a big deal here in the US, most people paid cash-out-of-pocket as they utilized medical services and treatment/care was very affordable and rarely did it ever bankrupt anyone.

Insurance was never designed to be used to cover U&C care. Insurance was originally designed to provide an affordable hedge against contingent and uncertain situations only. The reason that costs are so high today is because health care insurance has been bastardized into something that it was never intended to be.

What we need to do to get costs down is to return to exercising individual personal responsibility and limit insurance to covering catastrophic (contingent and unceratin) situations only, as was originally intended. For everything else, cash-out-of-pocket as you utilize services should be the standard/norm.

Fred van der Wal

2:51 pm on Sunday, November 18, 2012

See Bob that's the beauty of a friendly relation between both country's, I indeed plan to a obtain US citizenship and still able by law to keep my Dutch citizenship...isn't that just lovely.
And yes I will do that next year we all need to worry for the quality of life here in the USA and it should concern all who lives here LEGALLY!
And to vote so to convince ppl like yourself that Welfare has nothing to do with equal healthcare.

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Bob McBride

3:47 pm on Sunday, November 18, 2012

I guess we'll see if you actually do so, Fred. If you're banking on an Obama victory creating the kind of welfare state you're used to at home, I wouldn't be so sure of it. Obamacare, as it stands, is probably going to make health care more expensive both on an individual basis, as those with employer coverage lose it and overall as the mandatory coverage and the inherent increases in expenditures are spread across all users.

Bob McBride

3:38 pm on Sunday, November 18, 2012

Rather than outright decide not to participate in the state run pools, I would have liked to have seen Walker go back to the Obama Administration with a proposal stating that he'd set up the state run pools if the Obama administration would allow him to take the $2000/employee penalty for not providing health insurance to all state and municipal public employees, union and otherwise, and allow them to source their insurance through the pools or pay the penalty and go w/o.

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James R Hoffa

3:53 pm on Sunday, November 18, 2012

Why waste the time on posturing - we all know that Obama would have said 'no.' Walker did the right thing. When it turns into a disaster, the finger can only rightfully be pointed at Obama.

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Bob McBride

4:05 pm on Sunday, November 18, 2012

Well, then it would be Obama saying no and, essentially, admitting that he knows his own healthcare reforms wouldn't fly with his largest constituency. It would also be fun watching Wisconsin's public employees go ape-poopie over the prospect of being forced to be a part of program promoted by and signed into law by the guy they voted for.

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James R Hoffa

4:09 pm on Sunday, November 18, 2012

When has the truth ever changed the minds of that voting constituency?

Hoffa is sure that we'll have plenty of fun watching their reaction to Walker's and the GOP's upcoming biennial state budget!

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Bob McBride

4:40 pm on Sunday, November 18, 2012

It's not meant to change anyone's mind. But it could put Obama on the spot. He's pretty much been given a pass when it comes to suggestions that, if it's good enough for the private sector, it should be good enough for the government sector as well. Since the outcome would be the same, essentially, there's no real gamble in it for Walker. He's hated by the left already. Anything that forces Obama into a position where he actually has to confront the opposition face to face is a good thing.

Fred van der Wal

4:07 pm on Sunday, November 18, 2012

@Bob McBride I am not at all banking of this Obama care plan but it has people talking about it and maybe that's all it needs to find other solutions.
Out of Pocket payments might have worked 100 years back but due the increasing care prices hardly realistic.I really have come to the end of this discussion for it is again one that keeps repeating itself.
One think I agree with you though:this Obama healthcare plan is probably going to make health care more expensive.
Bob I hope you never have to enjoy a vacation oversees and to find yourself enjoying a beer in Europe that has nothing more then a welfare continent.

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Bob McBride

4:33 pm on Sunday, November 18, 2012

Fred,

The argument you're making is that something is better than nothing. The official name of Obamacare is the Affordable Care Act. As structured, it has to potential to make healthcare less affordable for the greatest majority of people in the country.

In addition, in order to get it passed, it was necessary to make a sweetheart deal with the insurance companies. These are the same people we're being told are at fault for health care costs being as high as they are today. The fact that they're actively lobbying in its favor, should tell you something. While that certainly has people "talking about it", it's in no way a move towards NHC. The minute someone proposes a single payer system, the cooperation of the insurance companies will disappear and you can expect an intense campaign similar to the one that resulted in the compromise program we have now.

This is what you don't understand about this country, Fred. It's not like Europe. You can't just take what you accept as the norm over there and insert into our system here, anymore than you can just drop the engine from a Volvo into a Chevrolet and expect it to operate.

The difference between you and I, Fred, is that if I found myself over in Europe (not enjoying a beer because I don't drink) is that I wouldn't spend my time trying to convince anyone over there that they need to change things to be more like where I come from, even if I felt the place I came from was superior.

Fred van der Wal

4:54 pm on Sunday, November 18, 2012

*grin.... isn't that what us Europeans did when they came to America a few 100 years back and faced off the natives here,be superior.
Anyway thank you for your complimentary words,my contributions are only able due the fact of such fine teachers here on the Patch.However I was not trying to come over "superior" and find it sad you are so effected by such notion.i nearly was trying to offer a comparison without insulting the USA system.
One thing we agree on again one can just drop the engine from a Volvo into a Chevrolet and expect it to operate.Volvo's are waaay to good for that. :)

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Bob McBride

5:13 pm on Sunday, November 18, 2012

And like I've said, Fred, most of us are pretty much aware of how it works over there. It's not for lack of understanding how it works that many of us don't wish to have the same thing here or, even if we do, think the best way to accomplish that is to make the existing system even worse than it is now - which is what we get with ACA. Most of the people who support ACA don't seem to understand that - nor do you, apparently, as you seem to think having people talk about it at the expense of the majority of the American public is a good thing.

To that extent, I'm not really sure what you think it is your background adds to the discussion. Your contributions are no different than that of any other lefty here.

Richard Head

5:29 pm on Sunday, November 18, 2012

"This is what you don't understand about this country, Fred. It's not like Europe. You can't just take what you accept as the norm over there and insert into our system here, anymore than you can just drop the engine from a Volvo into a Chevrolet and expect it to operate."

The Elephant in the room is that Europe has almost no indigenous oil supplies and that the North Sea is fast depleting. Without imported oil, there is no functioning Europe, and Europe is slowly being shut down. Unemployment amongst the young is an epidemic - and without cheap energy, it cannot be changed. The Euro will become worthless. This is happening very quickly - what then of the European system?

"The countries which carry the greatest debt burdens and have the least means to service and repay the debts are also Europe’s energy deadbeats. Don’t believe me, see for yourself: "

http://www.economic-undertow.com/2011/06/27/dead-money/

Europe will not survive in it's present form much longer, in a post peak oil world. Death will once again become a large part of life, and the socialist system they boast of will rapidly disintegrate.

Fred has every reason to come to America for safety - because he knows what is coming to Europe - without oil - death will stalk the land.

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Richard Head

5:37 pm on Sunday, November 18, 2012

"Spain's Unpleasant Choice: Accept Lower Wages and Still Higher Unemployment, Leave the Euro and Default"

Read more at http://globaleconomicanalysis.blogspot.com/2012/11/spains-unpleasant-choice-accept-lower.html#zo3LzWfKzkLDDP1U.99

" Real Estate Sales Collapse in Paris and Ile-de-France; New Home Starts Lowest Since 1998; VAT Hike to Make Matters Much Worse"

http://globaleconomicanalysis.blogspot.com/2012/11/real-estate-sales-collapse-in-paris-and.html

"European Industrial Production Plunges 2.3 Percent; Greece GDP Plunges 7.2 Percent"

Read more at http://globaleconomicanalysis.blogspot.com/2012/11/european-industrial-production-plunges.html#FFRCKmf31UriUVBI.99

"Millions of Europeans joined together in general strikes and demonstrations on Wednesday to protest the strict austerity measures undertaken by their countries. In Portugal and Spain, hard hit by the debt crisis, locals conducted a 24-hour general strike that largely paralyzed public infrastructure, suspending train service and grounding hundreds of flights, in addition to shutting down factories."

http://www.spiegel.de/international/europe/anti-austerity-protests-spark-violence-in-european-countries-a-867316.html

Tell us again about that Superior European system and how much longer it will exist...

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Richard Head

5:45 pm on Sunday, November 18, 2012

"Fatih Birol, chief economist at the International Energy Agency, the western countries’ oil watchdog, says Europe spent €32bn to import oil in March. This month, the bill is on track to be €27bn. In the US, oil imports cost $33.5bn in March, and will be $27.5bn in June, he says. Emerging economies, particularly China, Indonesia and India, should see fiscal burdens fall as lower subsidies are required.

Fresh oil supplies from Saudi Arabia, as well as North America, are only one reason why prices have declined. Lower prices are also a symptom of weakening economic growth.

“Yes, prices have come down, but they have come down precisely because economies are not doing well,” says Lutz Kilian, economist at the University of Michigan. “The question of what the oil price is doing to the economy is really ill-posed, because it’s actually the economy that’s doing something to the oil price.”

http://newsoninvest.com/?p=7737

Once again: “The question of what the oil price is doing to the economy is really ill-posed, because it’s actually the economy that’s doing something to the oil price.”

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Fred van der Wal

5:57 pm on Sunday, November 18, 2012

I'm sure Europe will continue without death will stalking the land.Actually that happened when there was no healthcare....Peace out guys enjoy the evening

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Richard Head

6:08 pm on Sunday, November 18, 2012

"Spain Declares 2-Year Moratorium on Evictions Following Suicides; Policy Will Blow Up Spectacularly"

Read more at http://globaleconomicanalysis.blogspot.com/2012/11/spain-declares-2-year-moratorium-on.html#EU3IJrD1rZxuTFwu.99

Richard Head

6:02 pm on Sunday, November 18, 2012

Concerning Millions in Europe Striking to protest Austerity...

"This is what happens when after decades of socialism, the money to pay for the freebies finally runs out. To be sure, this is a bit too simplistic. We are inclined to sympathize with the demonstrators for the following reason: instead of liquidating unsound credit and letting a few over-extended banks and their bondholders bite the dust, the eurocrats have decided to spread the joys of bankruptcy around and let their populations pay the bill. In most cases the poorest members of society have been hit the hardest.

Most of the people thronging the streets don't fully understand what has happened. They don't realize that the deadly combination of a cradle-to-grave welfare state with a centrally planned fractionally reserved banking system has produced a terminal boom and that there is simply no painless way out of the situation anymore. There never was. An enormous amount of wealth has been squandered and consumed during the boom.

Radical pro free market economic reform is called for, but this is apparently neither recognized, nor does anyone have the guts to implement it. And so the European Chinese water torture version of 'austerity', which includes only a shrinking private sector, but not a shrinking government, continues without offering any light at the end of the tunnel to the people living in the periphery."

http://www.zerohedge.com/news/2012-11-16/guest-post-europe-grip-anti-austerity-protests

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WPN1488

7:44 pm on Sunday, November 18, 2012

I some ways I think Europe may be at turning point. The lethal mixture of economic turmoil and an incursion by immigrants is beginning to break the liberals hold on mainstream politics and the media, and their censorship and intimidation of those who reject their dream of a multicultural society. One needs to look no further that the Norwegian killer, Anders Breivik; one example of the consequences of liberal suppression of the interests and natural instincts of human beings. I think Europe is starting to wake up; hopefully the Conservatives over there can stop the destruction brought on by the liberals.

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Fred van der Wal

8:26 pm on Sunday, November 18, 2012

A couple things, the links earlier on posted describes demonstrations of mostly South European countries who need to tighten their belts fair enough. However is Europe on the brink of a change as WPN1488 hoped for. You just have to see at French who only a few months ago gained a most left orientated government. Many of these demonstrations there are about how money is divided among it's citizens and the Conservatives always end up on the loosing end.
When you look ad most countries political parties it's obvious not the same as here. Instead of a Republican and Democrat society, Europe's political is more splintered and diverse...A single conservative party is often too small to form a government needs to find common ground with the more left. And visa verse the same. Some governments exist out of several different parties with slightly different interests.
Something to keep in mind as well is that the most Conservative political party is still more left then here in the USA. Politics always chance and that's part of democratically processes, same here as there.
And you guys have to at least agree with this, that politics has become more global. American politics effects Europe and America very well needs Europe's support to sustain it's foothold in the world.
But maybe we wondering to far from the original topic from Edward Willing here.

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Richard Head

10:17 am on Monday, November 19, 2012

"A couple things, the links earlier on posted describes demonstrations of mostly South European countries who need to tighten their belts fair enough."

It is the Southern countries, that are 100% dependent upon oil imports, that have borrowed from the Northern Countries, like France and Germany. The problem is that they are heavily in debt, and cannot pay that debt back without generating a return on that borrowed money - and the only way they can generate a return is if the oil they import is used to create products which they can export to return a profit above and beyond the cost of all inputs, including the oil. They are not doing this - nor can they. Remember, the Crude Oil trade is done in dollars - Euros' are swapped for dollars, and crude bought. Also - Europe pays Brent Crude Oil prices, NOT WTI. Brent is currently: $111.22/bbl.

http://www.barchart.com/commodityfutures/Energies

NOW, the Germans and French, by making loans to the Southern Countries did a brisk business of exporting products to them because they were flush with the borrowed money to purchase them. However, buying and selling goods doesn't pay back the debt, and the Elephant in the room was the outflow of Euros for Dollars for Crude Oil to keep their 21st. C industrial infrastructure running. NOW - the debts are so big that no amount of borrowing can service the debt and pay for crude.

That is a DILEMMA, because industrial civilization collapses without crude oil.

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Richard Head

10:28 am on Monday, November 19, 2012

Eurozone crisis: if Greece goes, Germany's prosperity goes with it

"If the eurozone were to shrink, Germany's once-captive markets would become too poor to import: and the rapid appreciation of a stronger euro would make its exports much pricier."

There is no palatable outcome. They can only kick the can farther down the road
until they can't. It's a nightmare for the Southern Countries - because who would take Lira, Pesetas, or Drachma for crude? No Crude Oil = no 21st. C industrial civilization. IF Germany and France leave the Euro - the Euro drops in value and can't buy enough crude for the remaining countries to exist within a 21st. C industrial civilization.?

"Germany last week found itself able to borrow for two years at the astonishingly low rate of 0.07%. Very nice too: but surely the real message Angela Merkel and her colleagues must take from the successful auction of those zero-coupon schatz bunds is that the single currency simply isn't working.

All the money wants to flow in one direction: towards Germany. It is only the efforts of the European Central Bank, as a giant recycler of liquidity to dry areas of the eurozone banking system, that is ensuring a stability of sorts. This position can't be sustained."

http://www.guardian.co.uk/business/2012/may/27/eurozone-greece-germany-prosperity

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Richard Head

10:48 am on Monday, November 19, 2012

"The lethal mixture of economic turmoil and an incursion by immigrants is beginning to break the liberals hold on mainstream politics and the media, and their censorship and intimidation of those who reject their dream of a multicultural society."

"In austerity-ravaged Greece, neo-Nazi party Golden Dawn is on the rise. Their MPs give fascist salutes, while on the streets black-shirted vigilantes beat up immigrants. And some of their most enthusiastic supporters are in the police.

You can hear it from blocks away: the deafening beat of Pogrom, Golden Dawn's favourite band, blasting out of huge speakers by a makeshift stage. "Rock for the fatherland, this is our music, we don't want parasites and foreigners on our land…"

It's a warm October evening and children on bicycles are riding up and down among the young men with crew cuts, the sleeves of their black T-shirts tight over pumped-up biceps, strolling with the stiff swagger of the muscle-bound. They look relaxed, off-duty. Two of them slap a handshake: "Hey, fascist! How's it going?"

Trestle tables are stacked with Golden Dawn merchandise: black T-shirts bearing the party's name in Greek, Chrysi Avgi, the sigma shaped like the S on SS armbands; mugs with the party symbol, a Greek meander drawn to resemble a swastika; Greek flags and black lanyards, lighters and baseball caps."

http://www.guardian.co.uk/world/2012/oct/26/golden-dawn-greece-far-right

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Richard Head

10:53 am on Monday, November 19, 2012

"The True Finns finished just behind the conservative NCP and the Social Democrats on around 19%.

While the Social Democrats have called for changes on EU bail-outs, including the planned Portuguese rescue, True Finns opposes the plans altogether.

A hostile Finnish government could theoretically veto the package.

Unlike other eurozone countries, Finland's parliament can vote on whether to approve the measures.

Correspondents say the increased sway of Euro-sceptics in Finland's parliament could hold up any further bail-out deals.

As the biggest party, the NCP is tipped to lead the next government with former Finance Minister Jyrki Katainen likely to become prime minister of whatever coalition emerges, replacing Mari Kiviniemi of the Centre Party. "

http://www.bbc.co.uk/news/world-europe-13107620

But does it matter? Portugal, Italy, Ireland, Greece and Spain are all dependent upon Crude Oil imports - and they cannot afford to service their debt AND pay for crude, bailouts or not.

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Richard Head

10:55 am on Monday, November 19, 2012

MEP and UKIP leader Nigel Farage on Wednesday delivered another major tirade against EU President Herman van Rompuy and, along the way, severely insulted Belgium and Greece during a plenary debate in the European Parliament. Farage said Van Rompuy has the "charisma of a damp rag" and the appearance of a "low-grade bank clark."

http://www.youtube.com/watch?v=bypLwI5AQvY

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Fred van der Wal

12:30 pm on Monday, November 19, 2012

All these quotes and links are British related media sources.It has been well documentation that Britain was from the beginning anti Euro and preferred not to be part.We find them still unwilling to contribute to the unity of Europe.Yet we find them raise hell when it has negative effect on England.Much of British media is based on that rhetoric and ignored.

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Fred van der Wal

12:31 pm on Monday, November 19, 2012

Greece..and you might as well include some other Southern based nations:
-There is also a lot of anger towards the Greeks in the other EU countries: for some years Greece seems to have covered up its bad economic performance by officially presenting better economic figures than was the case. The promise of the Greek government to reduce Greece’s budget deficit from 12.7% of GDP in 2009 to 2.8% in 2012, is being met with scepticism. Many doubt whether the government in Athens will be strong enough to resist the domestic pressure from the powerful trade unions against the radical deficit-cutting efforts which are needed, while others doubt that the Greeks will refrain from manipulating the economic data again.

Unwillingness to help the Greeks is huge within a eurozone currently facing an unemployment rate of 10% of the workforce, the highest figure since the single currency was introduced eleven years ago. Under EU rules, however, all the 27 member states of the EU, not just the 16 member states of the eurozone, are obliged to help the Greeks if the EU decides to bail them out. Article 122 of the EU Treaty, which went into force last December, states: “Where a member state is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the council of ministers, on a proposal from the European Commission, may grant, under certain conditions, Union financial assistance.”

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Richard Head

12:43 pm on Monday, November 19, 2012

The article and video just popped up, so I don't have time, yet, to watch it, as I must go to work It, but it should prove very insightful to the anger in Greece.

"For [the elites] Greece is a guinea pig, to find out up to what point they can 'milk' [us]" is how one narrator describes the situation, adding that "they are refusing to see the reality [saying] it's not happening, it's not happening, it's not happening, everything is gonna be alright; Nothing is gonna be alright" as "loans enslave people."

http://www.zerohedge.com/news/2012-11-19/greece-nothing-gonna-be-alright

Fred van der Wal

12:35 pm on Monday, November 19, 2012

With Greece facing bankruptcy, the fears about Greece’s financial situation has led to a drop in value for the euro. Last week, the finance ministers of Germany and the Netherlands – the two euro zone countries which in pre-euro days had the strongest currencies in the EU: the German mark and the Dutch guilder – announced that they will not help Greece solve its problems. Again this might as well relate for most of the Mediterranean sea location.

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Fred van der Wal

12:47 pm on Monday, November 19, 2012

The problems of the euro affect the entire world. The EU currency was not introduced because of economic considerations, but because the European Union is pretending to be a genuine state and states are expected to have single national currencies. Hoping to become a powerful political force in its own right, the EU adopted the euro as the common currency of some 327 million Europeans, so that the currency’s economic power would prefigure the political power to be. The eurozone represents the second largest economy in the world. During the past decade, the euro became the second largest reserve currency after the U.S. dollar.So I'm not denying that a lot is riding on how Europe will proceed in the next years and how much of the Euro zone will remain.
Oil crises in Europe relates to a global oil crises,not only Europe will be effected by it but the USA as well.
the answer to oil alternative is to be found in several other energy sources like solar energy, hydrogen storage, coal, carbon dioxide capture, synthetic fuels, the controversial ethanol and - last but high in priority list - nuclear power. If timely measures are not taken to defuse the oil crisis, the entire world will face increasing ideological pressures from Arab/Islamic oil-producing nations.
Again as I said before the time of individual politics are coming soon to a end and a new dawn of global politics be on the rising.

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Richard Head

10:15 am on Tuesday, November 20, 2012

"Again as I said before the time of individual politics are coming soon to a end and a new dawn of global politics be on the rising."

There is a plan for that, and I'm not opposed to it - however 6,500,000,000 must die first. That's the uncomfortable part.

The message of the Georgia Guidestones

1. MAINTAIN HUMANITY UNDER 500,000,000 IN PERPETUAL BALANCE WITH NATURE
2. GUIDE REPRODUCTION WISELY - IMPROVING FITNESS AND DIVERSITY
3. UNITE HUMANITY WITH A LIVING NEW LANGUAGE
4. RULE PASSION - FAITH - TRADITION - AND ALL THINGS WITH TEMPERED REASON
5. PROTECT PEOPLE AND NATIONS WITH FAIR LAWS AND JUST COURTS
6. LET ALL NATIONS RULE INTERNALLY RESOLVING EXTERNAL DISPUTES IN A WORLD COURT
7. AVOID PETTY LAWS AND USELESS OFFICIALS
8. BALANCE PERSONAL RIGHTS WITH SOCIAL DUTIES
9. PRIZE TRUTH - BEAUTY - LOVE- SEEKING HARMONY WITH THE INFINITE
10. BE NOT A CANCER ON THE EARTH - LEAVE ROOM FOR NATURE - LEAVE ROOM FOR NATURE

http://thegeorgiaguidestones.com/Message.htm

Fred van der Wal

12:57 pm on Monday, November 19, 2012

A bit on that, neo-Nazi party's like these Golden Dawn in Greece,it 's linked to Greece domestic problem how it deals with it's economics and it's seen as a Greek problem to resolve.And even though these neo- right wing groups pop up through out Europe it's again considered a domestic problem that needs to be dealt with by local agencies.
Europe as a whole condemns these groups and would not see a second rise of an neo nazi chapter in it's history.Strongest of all is still Germany who is would do everything they can to see it's own dark history become reality.

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Richard Head

9:51 am on Tuesday, November 20, 2012

There are some that would say the Euro is Nazi Germany waging war by economics rather than by physical occupation. After all - ALL the money is flowing to Germany, and creating "Protectorates" out of the other Nations.

" You have not anchored Germany to a unified Europe...You have anchored Europe to a newly unified and dominant Germany! In the end my friends, you will find it will not work."

Margaret Thatcher

http://www.germanywatch.blogspot.co.uk/

Richard Head

10:05 am on Tuesday, November 20, 2012

"Yes, Rattner did write that “elderly Americans are not entitled to every conceivable medical procedure or pharmaceutical.” And yes, he also stated that families that try every available treatment option to extend or improve the life of their elderly relatives are “an enormous societal cost that few other nations have been willing to bear.”

And Europe cannot bear that cost, nor can America. The tremendous strides that have been made in medical advancements have brought increases in longevity without the same advancements in quality of life. To be born is to die.

Economic decisions are a part of everyday life and a necessary requirement on a finite Planet with finite resources. Death is part of life, and the old going to the grave is a natural part of life.

"Death panels" will be necessary. You can call them by whatever name you want, but those decisions will need to be made. I suggest that Euthanasia be legalized and that centers, perhaps similiar to that portrayed in Soylent Green be opened.

The Planet is now at 7 billion people, all struggling for a piece of the pie. We find ourselves at post-peak oil, post peak capital, and straining the limits of resources and eco-systems. It is no longer a question that people will die for a lack of medical care due to any combination of the above - it's whether it will be managed or not.

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Fred van der Wal

10:42 am on Tuesday, November 20, 2012

Ok this is getting stranger per post enjoy your personal Euthanasia whenever it comes and this Georgia Guiderstones enjoy the doom and gloom in your little world.

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Richard Head

10:51 am on Tuesday, November 20, 2012

No, it's reality setting in...

"About 150,000 immigrants living in Spain will lose their right to public health services on Saturday as the recession-hit country tries to save money. But doctors warn that excluding immigrants from the health system will have a wider impact on ordinary Spaniards' health."

http://www.guardian.co.uk/world/2012/aug/31/immigrants-spain-lose-public-healthcare

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Randy1949

11:03 am on Tuesday, November 20, 2012

Seems to me that no American of any age is entitled to every conceivable medical procedure or pharmaceutical, and you're fine with that.

Interestingly,we had the 'death panel' discussion recently between my mother, her physician, and the family. It's simply a consultation about what the patient wishes in terms of the level of heroic care to be expended on them when the time comes. All the way from "keep me breathing on a ventilator" to hospice and a DNR. And Medicare paid for the appointment and the doctor's time. How awful is that?

Fred van der Wal

11:06 am on Tuesday, November 20, 2012

Those who experience,tell the true tales and these are just quotes of American expats:
-

I hope nobody takes that as an insult. It's just that I still want the American Dream, but it's so hard to stay in the middle class there, anymore, compared with many other places of the world. It is no longer the land of opportunity, and that is a documented fact.
Actually to be more specific, it was the American health care system that was so frustrating for me. It was the difficult access to health care, if you want to know the one biggest reason I don't want to move back. Not unless things get better.
-I am living in Sweden and love it here.

Everything you hear about socialized medicine is true, except the lines and waiting. very fine care, I usually see a doctor the day I call for an appointment, if not, the day after. I will not be spending more than 500usd for out of pocket expenses in any 12 month period.
And is is soooo much fun watch American Politics from a distance.

Just two of many examples of Americans living and woking overseas....and that is the real reality.
Not the stories of some British back alley tabloid news.

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Richard Head

11:44 am on Tuesday, November 20, 2012

Peak Oil changes everything - and the lies you read are in stark contrast to what your lying eyes see everyday. I will leave you with an interesting read....

"Oil shortages will lead to a collapse of the global economy, and the decline of globalized industrial civilization. Systemic collapse will evolve as a systemic crisis as the integrated infrastructure and economy of our global civilization breaks down. Most governments and societies – especially those that are developed and industrialized – will be unable to manage multiple simultaneous systemic crises.
Consequently, systemic collapse will likely result in widespread confusion, fear, human security risks, and social break down. Economies worldwide are already unraveling and becoming insolvent as the global economic system can no longer support itself without cheap and abundant energy resources."

http://content.csbs.utah.edu/~mli/Economics%207004/Morrigan_2010_Energy_CC4.pdf

Fred van der Wal

2:04 pm on Tuesday, November 20, 2012

Oh I get it..the Mayan calendar doomsday prophecy,only a few weeks away,this all relates back to your maniac writings about global disasters all because of oil.
And what you think will God come to the rescue?..Only a few weeks back the pope told the world not to worry all will be fine,the world will not burn and no one will die because of it.

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Craig

2:17 pm on Tuesday, November 20, 2012

The Mayan calendar does not predict a doomsday, in fact there have been subsequent findings of additional calendars. In reality, it only predicts another 26,000 year cycle.
Richard Head is right- we have experienced peak oil. One must not confuse the term peak oil to mean we are running out of oil. The oil Nations have found a way to maximize profits, by limiting supply. We have technology to pump above peak oil, but there is less of a profit to do so.
If the Us and Canada were to agree to pump the hell out of the earth for oil, maybe the Arab Nations would not cut production in order to continue the cash flow.
Blame OPEC for Peak Oil.

Fred van der Wal

2:38 pm on Tuesday, November 20, 2012

@Craig
- I totally agree that OPEC is enjoying and abusing it's monopoly.
To drill for more oil round the USA might be more cheaper but there are alternative method's to that.

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Craig

2:59 pm on Tuesday, November 20, 2012

@Fred: There are alternatives, and when they become cost effective we will use them.
Until then all we can do is play hardball with the oil monopoly.

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