Why ‘too big to fail’ is too much for us to take
By John Kay
Published: May 26 2009 20:35
Financial Times
Neither a democratic society nor a market economy can accept the notion that a private business is “too big to fail”. Liberal democracies of the modern world based on lightly regulated capitalism acknowledge two mechanisms of accountability the marketplace and the ballot box. In the marketplace, organisations that do not meet, or respond to, the needs of society are ground between the twin pressures of their customers and their investors. At the ballot box, politicians that do not meet, or respond to, the needs of society suffer popular rejection. -more-
Obama HMO Industry Discussion?
(Left to right) Biden, Baucus, Obama and Grassly discussing who lives or dies in a well funded health industry effort to maintain the status quo towards bigger profits and another 22,000 dead Americans
Senator Max Baucus, Chm. Finance Committee, (D-Conservative, second from left) joked as doctors were removed from a Senate hearing on health care that rejected discussion or consideration of any health plan that included single payer. A viable alternative that could cover every American citizen. Doctors courageously spoke to the senate panel about the fact that only health care industries were invited to the table for discussion.
Health Maintenance Organizations (HMO) are profit driven corporations dedicated to legalized political bribery to maintain their death grip on the chaotic US system of health care. Senator Max Baucus has made a great deal of money from HMO's by supporting them in spite of the needless suffering and death they inflict on a citizenry spiraling into a "new world order" of 17th Century feudalism. Life or death in the United States has become a game of chance for Americans because of politicians like Baucus who run cover for their generous HMO friends.
Yearly, more than 22,000 American citizens die from preventable disease and injury because they do not have health care or because their health plans deny care in spite of their "plan". Senator Max Baucus is one of the paid politicians dedicated to making certain that there will be no meaningful health care reform. Max Baucus would prefer to have 22,000 US citizens die each year in order to assure there will be no interruption in his "political campaign contributions" (bribery) from that despicable industry. Max Baucus is just one more of far too many politicians giving pretense to a constituency "back home", a constituency that is actually his financial cadré. of lobbyists and connected corporate crooks.
Sadly, the democratic process in the United States is no longer reliable. It frustrates our ability to replace people like Baucus. The federal, political establishment, though compuerized voting, has rigged the process of voting to assure a predictable result. Washington politicians have stacked the the political system to keep political reformers out of the process. Their hubris is the consequence of this corruption and it can be seen in their demeanor, rhetoric and open disparagement of honest, hard working citizens. We are burdened with these scoundrels immune to the democratic process.
Max Baucus may not be the worst of Washington scum, but his cavalier disregard for the lives of "we the people" cannot be ignored. The vagaries of life should not be determined by a greedy corporation growing financially rich and politically powerful on the blood of innocent people. People, Americans whose only misfortune was being born in a country ruled by people who would seem more comfortable in a plantation mansion.
Senator Max Baucus (D-Montana) is a conservative son-of-a-bitch.
The Democrats Health Plan: Buy Private Health Insurance or Else
The New York Times
WASHINGTON Without waiting for President-elect Barack Obama, Senator Max Baucus, the chairman of the Finance Committee, will unveil a detailed blueprint on Wednesday to guarantee health insurance for all Americans by facilitating sales of private insurance, expanding Medicaid and Medicare, and requiring most employers to provide or pay for health benefits.
In the midst of a government "bailout" frenzy that is plungeing the nation into trillions of dollars of debt, resulting in millions of Americans being put out of work, the democrats plan for health insurance is one that forces Americans to buy private insurance. Max Baucus' plan would make it a "duty" to buy private health insurance or else. "This obligation “would be enforced, possibly through the tax system,” the plan says." Not only are these political SOBs not satisfied with millions of people unemployed making tens of thousands of people homeless, but now their solution to health care is the same disingenuous plan that prescription drug insurance has become under the Bush regime.
Baucus is the darling of the HMOs if the money he has received from them is a measure. Obama himself became the favored candidate after Hillery's presidential run vaporized over much the same plan. Politicians have become a subculture in American society. They are in that 5% of Americans making more than $100,000 per year. The salary for Congress is now $170,000 with multi-million dollar expense accounts (which are never mentioned). They have become such a privileged class their connection to 95% of us is an abstraction. How else could one rationalize their incredibly un-American conduct and ideas? If their million$ have perverted or confirmed their superiority over the country at large then we are being ruled by an aristocracy - which confirms the absence of a democracy.
The ongoing US economic meltdown is the cause of unmitigated greed and corruption on Wall Street and a host of other US financial institutions throughout the country. Once the dying economy could no longer be hidden politicians peddled the nonsense that it was "we the people" who were responsible. Typical of the Washington political world is to take every possible advantage to get us to blame each other. This is a tried and true scheme that, with the help of a completely co-opted information industry, shifts the blame away from the true criminals.
Washington DC is a veritable nest of intrigue and subterfuge as corporate bribery seeks to control more and more of government. The evidence is in trillions of tax payer dollars being handed to utterly corrupt national and international corporations without a single condition. The corporate recipients are not only getting our money for free, but refuse to disclose where the money has gone. Just how much is making it back into the pockets of crooked politicians? Max Baucus could probably tell us.
Max Baucus is a stand out because he is a democrat. Many people have decided that democrats are better than republicans, but while that may be so, it clouds an individual's judgment on the fact that there really isn't much of a difference between democrat and republican policies. After all, this financial scam was started by George Bush and has continued unabated. In spite of democrats being in the majority since the 2006 election their political impotence is mostly the result of Reid and Pelosi manipulating senate and house procedure for a particular outcome. Pelosi and Reid have learned from the Bush regime to use the image of "incompetence" to cover the truth that they are getting the exact legislation they intended.
As a nation we have seen the last of "baby boomer" democracy. Those people who now occupy the halls of political power have lost their humanity and patriotism to financial greed and lust for power over others. The United States government has become all those things our Founders warned us about. They are willingly sacrificing honest people without power in favor of those with. The continued charade over health care is just another example of why we are on our own and need a return to democracy.
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