Only a Progressive super genius like yourself would post links about government officials corrupt activities inside the private sector as proof that capitalism was to blame and not government.
Watch out for Shaman people, he has foot-in-mouth disease.
Only a Progressive super genius like yourself would post links about government officials corrupt activities inside the private sector as proof that capitalism was to blame and not government.
Did you eat paint chips as child?
What a totally non-biased source you have there... If Lobbyists are so bad, you must really hate Bidens son, he's a lobbyist. Some of Obama's best friends and associates are lobbyists as well, they are from organizations such as ACORN and the Unions... perhaps you've heard of them.
Tell you what... Since you think Capitalism is so bad, why don't you demand the nationalization of all business and commerce in America?
Surely all corruption, political and economic, will disappear if you just destroyed capitalism.
Oh and Shaman:
Don't forget to wipe your chin
March 01, 2006
"But nowhere is the corruption more glaring than in the Medicare Part D disaster passed in the dark of night in November of 2003 after a 3-hour vote—the longest recorded vote in the history of the United States. The bill created a Medicare drug benefit that relied on private companies. Republicans claimed privatization would give beneficiaries more choices and that competition among private plans would keep program costs down.
Last week, the Center for Economic and Policy Research and the Institute for America’s Future released a joint report detailing the exact costs of Republican corruption in the Part D disaster. The report calculates that the actual cost to the American public is about $80 billion per year, or $800 billion over the next 10 years—as most federal budgets are calculated.*
For those of you who aren’t Bill Gates and have a hard time putting $80 billion a year into perspective, that’s enough money for a tenfold increase in the annual appropriation for Head Start programs.
This $80 billion price-tag is based on two specific provisions where Republicans sold out seniors for their industry contributors. First, they created a confusing web of competing and inefficient private plans run by private insurers—who receive huge subsidies from the federal government—that beneficiaries must choose from, rather than a simple stand-alone benefit run by Medicare. The low overhead costs of a single administrating agency could save $4.8 billion annually.
Second, they made it illegal for the federal government to negotiate the price of drugs with manufacturers, despite the fact every other industrialized nation negotiates these prices. When the government does negotiate lower prices for bulk drug purchases, as does the Veterans Administration, it saves more than 40 percent compared to the market cost. Applied to Medicare, this would save about $560 billion over the first eight years of the program. The cost of the disastrous Medicare plan is even greater when the subsidies given to insurance companies are factored in."
.....rather-than the long-term-inve$tment, in this Country, it would actually be.
