Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

Monday, October 5, 2009

States & Medicare

Well, big surprise- the states aren't so hot on the idea of Medicare being 'reformed'. Just for the record 'reformed' is code for 'expanded'.

From the page-
"Under the Senate bill and a similar House proposal, a patchwork state-federal insurance program targeted mainly at children, pregnant women and disabled people would effectively become a Medicare for the poor, a health-care safety net for all people with an annual income below $14,404."

I applaud wanting to make sure poor people are able to get good healthcare. I know that sometimes I seem to be some sort of cold, calloused jerk who only cares about her money. That might be true, to a limited extent- I love money as much as the next person.

But it is wrong that states are being required to spend more money, even as they are going as bankrupt as our federal government.

State governments have been cutting spending anywhere they can. That's a good idea- it's something our federal government should have done long ago. As I've said before- it's not smart to spend trillions of dollars when you're trillions of dollars in the hole.

When you've dug yourself into a hole over your head, stop digging.

We have to be making compromises here. What do we want more- healthcare or education? Money or bankruptcy? Because sad to say, that's the point we're at. We cannot have the best of both worlds. It will no longer work.

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Wednesday, August 26, 2009

A Solution to Bankruptcy

"And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially. We’re going to go bankrupt as a nation,” Biden said. “Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.”

Okay. I never knew one could spend as much money as they wanted...and not go bankrupt. Where is the line here? Of course, the fact that America is already bankrupt (and has been, for quite awhile), is something to consider.

But guess what, Vice President Biden? When one is in debt up to their eyeballs, and has absolutely NO money, it isn't wise to keep spending.

I wish it were, though. I mean, just think of what I could buy...and operating on that logic, never have 'no' money left!


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