Others have said this before, but it’s worth repeating.
The purpose of the healthcare system is to keep people from getting sick in the first place, and, if they do get sick, to make them better as quickly and inexpensively as possible.
The purpose of business is to make money.
Posts Tagged ‘economics’
Why Healthcare Must Be Public
by Kavan Wolfe
Imaginary Existential Threats
by Kavan Wolfe
Previously, I described eight possible events that would likely destroy civilization as we know it. These include diseases, climate change and nuclear war. Today, it’s time to take on “Imaginary Existential Threats” – those risks that are inflated by governments, special interest groups and the media, often for political reasons.
5. Mad Scientists
I blame bad movies. [...]
6 Ways the Rich Trick the Poor into Supporting Capitalism
by Kavan Wolfe
The rich generally understand that unregulated capitalism supports massive wealth transfers from the poor and middle class to the rich. This continues until there is no middle class left – just a rich aristocracy and a populations of serfs – as in 21st century Russia. These malevolent, avaricious fuckheads think this is a great idea [...]
American Corporatism: An Abridged History
by Riley Firth
There is an idea that is pervasive in American capitalism that entrepreneurs are the great producers, great men who move the Earth through intelligence, perseverance, and creativity. You can hear it echoed from Ayn Rand to Ted Nugent: the executives are the people who produce and keep the world moving, while the knuckle-draggers shuffling to [...]
The Corporate Whipping Boy
by Riley Firth
As I watch the situation with AIG and Congress unfold, I can’t help but think about the nature of corporations, and what will happen to people like Edward Liddy – the CEO who authorized $4 million bonuses for the executives in charge of the insurance company despite the failure of the corporation. Is it really [...]
There’s a village in India missing its idiot
by Riley Firth
So, I’ve got a secret for you this week. Don’t tell the Republican Party, but Bobby Jindal is a big douche. If you don’t know who Bobby Jindal is, he’s the governor of the shit-tastic state of Louisiana, and also apparently the future of the GOP.
The first-generation American from the deep south was chosen to [...]
The American Work Ethic: Destroying Families for Decades
by Riley Firth
I recently had a discussion with a conservative acquaintance of mine about the nature of public assistance programs – him arguing that they are inherently evil, while I, of course, argued that they are absolutely necessary if a nation is to consider itself civilized. And of course, the issue that came up is what is [...]
It seems that the center and left-leaning media are going bonkers over the following estimates from Moody’s Economy.com:
The major implication of this is that infrastructure and food stamps are significantly more effective means of stimulus than tax cuts. Therefore, the stimulus bill should include only infrastructure and food stamps spending, and no tax cuts.
Now, MSNBC [...]
Canada goes Bonkers, gets Punked by Queen of England
by Kavan Wolfe
Quick summary: Canada’s conservative government has pissed off the three other parties so bad that they have temporarily banded together to overthrow the government. Before they could vote for the legal coup; however, Prime Minister Stephen Harper sweet-talked the Governor General (read Q-U-E-E-N), into pressing the parliamentary pause button, buying the Government seven weeks to [...]
The Biggest Money-Grab in History
by Kavan Wolfe
Have a look at this video from the Rachel Maddow Show. Apparently, the US has now committed 4.3 trillion dollars to the current financial crisis – more than the Marshal Plan, The Louisiana Purchase, the race to the moon, the Korean War, the New Deal, the Iraq War, the Vietnam War and the lifetime [...]