If the private sector can always do things better than the government

[rateyes]

then why are private insurance companies worried about a public option for health care? If they provide the best product at a competitive price, then they will get the people's business.

[FiveGoodMen]

1. Privatization has never been anything but an attempt to take over the US government little by little

[Fovea]

2. Yeah. And KBR and Halliburton proved the value of privatization

in Iraq by feeding the troops rotten food, and electrocuting them in the shower.

Heck of a job, Bushie.

[BR_Parkway]

3. Why does the private sector need government bailouts all the time?

[FiveGoodMen]

4. But that's what the government is there for...

...to take money from us and hand it to them!

[krispos42]

5. Because it's a mature industry, and they're trying to hide this fact.

It's like the water company: mature. It produces money, which is fungible and cannot be improved upon. Competition will not improve the product because the product is money.

Look at any number of staples: butter, flour, sugar, etc. Even Pepsi or Coke. In all cases, it's been the same thing for decades. IN a truly competative world the prices of these products would drop and profits would lean out.

The fact that the insurance companies still have healthy profits and massive executive payrolls means that monopolistic practices are overriding market forces. Which is the end result of capitalism, of course... capitalists only want a free market when they're on the bottom. Once you're on the top, the last thing you want it competition in a marketplace!

[ejpoeta]

6. just think where we'd be right now had dubya gotten away with his plan to privatize

social security.

[SammyWinstonJack]

7. Obama contemplating doing something similar?

Something about targeting entitlement programs, ie social security/medicare to reduce the $1.2 trillion deficit. :grr:


http://www.economicpopulist.org/?q=content/obama-targets-entitlements-social-securitymedicare-reduce-12-trillion-budget-deficit