Monday, January 18, 2016

Bernie Sanders and the Problem with Socialism

The problem with socialism isn't political but rather it's in the dictionary as in people don't look at them too much.  It's socialism when a snowplow drives down your street to clear the roads but no-one ever worries about Chairman Mao when that happens.

The GOP isn't so much averse to socialism as it's averse to any government at all.  They put up with taxes to fix the roads because the military needs them but otherwise they don't think the government, generally, should be doing anything.

You can see that now when they get big bucks and don't do anything:




Add Hillary Clinton to that as well with her forty-five million dollar nest egg.  Dick Cheney got slashed and rightly for profiteering on the Iraq War but DINOs try to pass off Hillary Clinton as the Virgin Mary even when she has been grubbing just as hard for money as Cheney ever did.

(Ed:  you're not talking about socialism but rather capitalism)

Remarkable perspicacity, Watson.

(Ed:  yah but Clinton earned it)

You must mean when she was making weapons deals with Pakistan while she was Secretary of State, yes?


Returning to the topic, the problem with socialism is the multi-million-dollar wall put up by the insurance companies and Big Pharma to buy stooges such as those pictured above and Democrats such as Hillary Clinton who work assiduously to define socialism as something other than what it really is.

What socialism isn't is 50% overhead to the American insurance companies such that half of every dollar spent toward medical coverage gets skimmed off the top by those companies to the benefit of no-one.  Even a Boy Scout with a pocket calculator can do a better job than that.

12 comments:

Anonymous said...

No socialism is 50% corruption to politicians to send contracts to thier division and kick backs to this manufacturer or that one
Sadly government is too big to succeed

Unknown said...

That's an outrageous estimate of the overhead in socialism given much of the world practices it on a more extensive basis than the U.S. Any time a government takes that much overhead, usually people kill it. When insurance companies do it, people say it's got to be that way. Um, not really.

Anonymous said...

Of course it is overblown as is that insurance overhead is 50% of tbe healthcare problem

Unknown said...

I've read 20% to 45% go to overhead. By law I believe it's supposed to be no more than 20% overhead but I've never heard of it being enforced.

Anonymous said...

Dont know of a law limiting overhead. Like the payday loan comoanies appeared because of the deal congress made deregulating the credit card industry. Supposedly was to protect the consumer but the law nade it harder to file bankruptcy and uncapped interest rate %. So now a payday loan company can rape a person for 500 600 or 700% interest.

Anonymous said...

It would surprise to see insurance companies spinning out more than 8-10% taxable profit percent. Competition is too intense too allow someone to run 20-50% without being undercut
I will get back to you on a realistic %. The biggest problem with them is claim denial or regulating Drs protocol

Unknown said...

I know for sure it's not down that low. The actual, I believe, is 80% but the practical is reported to be significantly higher.

I live every minute the consequence of their claim denial and you know for yourself there are millions in the same boat because there's almost nothing you can do about it.

Anonymous said...

There is no insurance company in the world that has a taxable profit percent. Please show me an earnings report from any company above 25%
These are easy numbers to throw out but you support none of them
I sent you the GAO page showing the true debt numbers

Anonymous said...

Actually claim denial can be appealed. And then taken to the State Insurance Board. In each of your insurance issues I suggested you do that. But instead you decided to villify the companies on facebook until they issued you a cease and desist order.
I have already stated that claim denial is a major issue.

Unknown said...

I didn't do anything because I had never heard of such a thing and particularly had never heard anyone had a problem solved by them. Naturally, the problem is my negligence in response and not manifest insurance company criminality.

Anonymous said...

No the problem is on the insurance companies. The have been known to take thier our customer to court to fight paying claims.
I told you to fight the theft claim from Texas when you were in Tennessee. Wins through the State Insurance Agency never get much publicity as the Insurance companies surely dont want you to know they are vunerable. It is a time consuming process as you pit them against a government agency
You historically do not fight back or fight in the beginning
Which I guess is a flaw or an attribute

Anonymous said...

No the problem is on the insurance companies. The have been known to take thier our customer to court to fight paying claims.
I told you to fight the theft claim from Texas when you were in Tennessee. Wins through the State Insurance Agency never get much publicity as the Insurance companies surely dont want you to know they are vunerable. It is a time consuming process as you pit them against a government agency
You historically do not fight back or fight in the beginning
Which I guess is a flaw or an attribute