The Marketplace "Regulated" Itself....

[Mr. Shaman]

....and, TAXPAYERS picked-up-their-tab!!!

Well....that's alllllllllllllllllllll gonna CHANGE, NOW!!!!

​

"Last summer the government desperately wanted to keep private lenders in the student loan market. Now, President Barack Obama plans to cut out the middlemenhttp://www.businessweek.com/magazin...op+news_top+news+index+-+temp_news+++analysis as part of a sweeping overhaul of the federal loan program. While students stand to benefit from the switch, already-hobbled lenders, including Sallie Mae (SLM), Bank of America (BAC), and Citigroup, (C) would likely lose billions of dollars in profits.

Currently, the government distributes education funds through two sources: private lenders and its own in-house program. Each school decides which of the options to make available to its students. Financial companies have been big beneficiaries of the system, collecting huge fees from the government; in the last school year private student lenders handed out nearly 80% of the $65 billion in federal funds. By lending directly to college-bound students, the U.S. figures it can save $94 billion over the next decade and reroute the extra money to needy student borrowers.

Already, private lenders are feeling the pinch as more schools decide they don't need the middlemen. The trend gained steam after New York Attorney General Andrew Cuomo investigated the cozy relationship between private lenders and financial aid officers a couple of years ago. Since the credit crisis, it has only accelerated."​

......And, health-care is NEXT!!!!!!!!!!​

"Why was the drug lobby was so interested in this bill and what did it have to gain? Ron Pollack, the executive director of Families USA, a nonpartisan health care watchdog group, says it all boiled down to a key provision in the legislation.

It prohibited Medicare and the federal government from using its vast purchasing power to negotiate lower prices directly from the drug companies.

"The key goal was to make sure there'd be no interference in the drug companies' abilities to charge high prices and to continue to increase those prices," says Pollack.

Pollack says there's no question that this was prompted by the pharmaceutical lobby.

"They were the ones who wanted to make sure Medicare could charge high prices and to continue to increase those prices," he says.

The drug industry says that competition among private insurance plans that service the Medicare program help keep prices low. But Families USA reported in a January study that Medicare patients are being charged nearly 60 percent more for the top 20 drugs than veterans pay under a program run by the U.S. Department of Veterans Affairs.

Pollack says the VA successfully negotiates with the drug companies on price.

"Medicare could do the same thing," he says, "but Medicare is prohibited from doing that as a result of this new Medicare legislation."​

"<Sniff!> My LEGACY!"​

 

[GenSeneca]

Why keep the colleges and universities private?

Why not just nationalize the colleges and universities?

 

[Andy]

Obviously socialism as worked so well, let's just nationalize the entire country. Surely if China can go from being the dominate economy in the whole world, to being nearly irrelevant with 66% of the population living in poverty... I'm sure we can top that here in America.

 

[dahermit]

Obviously socialism as worked so well, let's just nationalize the entire country. Surely if China can go from being the dominate economy in the whole world, to being nearly irrelevant with 66% of the population living in poverty... I'm sure we can top that here in America.

If you take a close look at China, you will see that China is no longer "Communist". Without any rhetoric or fanfare, with few noticing, they quickly changed from a Communist/socialist country to one of "free enterprise" in which the faithful communist party leaders evolved into the privileged corporate giants while still keeping the totalitarian police structure intact.

The 66% that you state are living in poverty, are in poverty for the same reason that the U.S. has many people living in poverty...unchecked capitalism.

 

[Pandora]

If you take a close look at China, you will see that China is no longer "Communist". Without any rhetoric or fanfare, with few noticing, they quickly changed from a Communist/socialist country to one of "free enterprise" in which the faithful communist party leaders evolved into the privileged corporate giants while still keeping the totalitarian police structure intact.

The 66% that you state are living in poverty, are in poverty for the same reason that the U.S. has many people living in poverty...unchecked capitalism.

In some ways you are right but in other ways I do not agree

They have no free speech

They can not keep a baby they are pregnant with even in the 9th month if they already have a child. The state kills the child a woman is pregnant with instead.

They are not free to build a church or become a Muslim, bibles are banned and if anyone tried to bring in a Koran that would be too I am sure. I know of Christians who have tried to sneak in bibles for the people have been banned from the country.

There are serious human rights issues, like taking kidneys from prisoners, and many of the prisoners there are put away for having the wrong political or religious point of view.

 

[Pandora]

The 66% that you state are living in poverty, are in poverty for the same reason that the U.S. has many people living in poverty...unchecked capitalism.

Are you suggesting that in the past when China was full blown communistic there were less poor?

Seriously?

I am willing to bet that even though there are more people in China today, there is also less starving and its probably due to the capitalism they are embracing.

 

[GenSeneca]

The 66% that you state are living in poverty, are in poverty for the same reason that the U.S. has many people living in poverty...unchecked capitalism.

Do you have any idea how utterly ridiculous you sound making such a statement? ...What am I saying, clearly you do not. You probably even believe such nonsense.

Prior to the governments "war on poverty" beginning in 1964, the poverty rate was steadily declining. Since then, poverty has remained somewhat constant as a percent of the population but the total number of people living in poverty has steadily increased.

Its almost criminal that we began that war and its certainly been the most expensive, least rewarding and longest lasting war we've ever undertaken... seeing as it continues to this day.

Naturally you blame "unchecked Capitalism" which has never been unchecked in the history of the United States and has, in fact, become ever more "checked" by an ever growing, ever intrusive government.

Now I realize someone of your intellectual caliber may have a short attention span but please stay with me while we move onto China:

Since the far changing economic reforms were made in the late 1970s, the growth fueled a remarkable increase in per capita income and a decline in the poverty rate from 64% at the beginning of reform to 10% in 2004.

So what were those "far changing economic reforms"? Capitalism.... but just a little bit at a time and the government made sure to keep control of many sectors of the economy. Of course, "Red China" doesn't like to admit they turned to capitalism to save their socialist workers paradise:

Chinese economic reform has been undertaken through a series of phased reforms. In general, these reforms were not the results of a grand strategy, but as immediate responses to pressing problems. In some cases, such as the closing of state enterprises, the government has been forced by events and economic circumstances to do things that it did not want to do. As of 2005, 70% of China's GDP is in the private sector. The relatively small public sector is dominated by about 200 large state enterprises concentrating mostly in utilities, heavy industries, and energy resources.

Two things here... first, China went from 100% government control to "just" 30% and the gains they have seen as a result are huge. Secondly, America is going the opposite direction and one need only a basic understanding of history to see where this will lead our country.

Now this next part is priceless:

Although Chinese economic reform has been characterized by many in the West as a return to capitalism, Chinese officials have insisted that it is a form of socialism, because to do otherwise would call into question the very validity of Marxism, centralized government planned economy and the legitimacy of the regime itself.

You see... there are some people... some very, very ignorant and gullible people... who claim socialism works. Additionally there are some equally ignorant and gullible people who say Capitalism is a failure. Some such people post right here on these forums and it would really burst their bubble if the Chi-Coms had to admit to the world that Marxism and Socialism were a complete failure and only Capitalism was capable of sustaining a civilized society.

 

[Mr. Shaman]

Why keep the colleges and universities private?

You mean...like...State-colleges???


​

 

[Mr. Shaman]

Obviously socialism as worked so well, let's just nationalize the entire country. Surely if China can go from being the dominate economy in the whole world, to being nearly irrelevant with 66% of the population living in poverty... I'm sure we can top that here in America.

....And, this has got what to do, with Lil' Dumbya's denying Medicare the ability to negotiate lower-prices from The Big Pharmas????

​

 

[Mr. Shaman]

If you take a close look at China, you will see that China is no longer "Communist". Without any rhetoric or fanfare, with few noticing, they quickly changed from a Communist/socialist country to one of "free enterprise" in which the faithful communist party leaders evolved into the privileged corporate giants while still keeping the totalitarian police structure intact.

BINGO!!!!!!!!!!!!!!!!

(....And, the party-leaders were....initially....so worried about Hong Kong'$ influence on The Mainland.)​

 

[Mr. Shaman]

In some ways you are right but in other ways I do not agree

They have no free speech

They can not keep a baby they are pregnant with even in the 9th month if they already have a child. The state kills the child a woman is pregnant with instead.

They are not free to build a church or become a Muslim, bibles are banned and if anyone tried to bring in a Koran that would be too I am sure. I know of Christians who have tried to sneak in bibles for the people have been banned from the country.

Yeah.....their suffering must be unimaginable.

Just ask Pat Robertson.

​

 

[Mr. Shaman]

I am willing to bet that even though there are more people in China today, there is also less starving and its probably due to the capitalism they are embracing.

So much for free-speech, babies & Bibles, huh?


​

 

[Mr. Shaman]

Naturally you blame "unchecked Capitalism" which has never been unchecked in the history of the United States and has, in fact, become ever more "checked" by an ever growing, ever intrusive government.

Yeah....right....what's a Vulture Capitalist to do??!!!

Can't a hu$tler get a BREAK??!!!

​

 

[GenSeneca]

Yeah....right....what's a Vulture Capitalist to do??!!!

Can't a hu$tler get a BREAK??!!!

​

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.

 

[Andy]

Yeah.....their suffering must be unimaginable.

Just ask Pat Robertson.

​

First, who cares what Pat Robertson says.

Second, you can post all the pictures you want, and all the irrelevant articles you wish. The bottom line is, people from China are migrating away from there, simply because they shouldn't have to murder their kids. Ironically Americans fight for the right to murder their children. Pretty sad really.