Home : Blogs : Jeffrey Reeves : Money for Life...(Thrive) in good times and bad

Wake Up America! Nationalizing Health Insurance Will Cost You A Lot Of Money.

No matter what President Obama says and regardless of his eloquence saying it, it would be a dire mistake, completely lacking in common sense, wisdom, and - mostly - regard for the US Constitution, for "We the People" to allow or accept any health care or health insurance program created by the US Congress and run by the US Government bureaucracy.

The record of accomplishment for US Government run programs is abysmal.

Congress established The U.S. Post Service in 1775 - they've had 234 years to get it
right.
o It is seven billion dollars in debt again this year and will need another "bailout" (a word that is becoming all too common these days).
Congress established Social Security in 1935 - They've had 74 years to get it right.
o It is broke. It survives only on funds the US Government has borrowed from the next generation of Americans.
Congress established Fannie Mae in 1938 - They've had 71 years to get it right
o It is broke. Moreover, it is taking millions of Americans to bankruptcy court while it survives on (here's that word again) bailout money.
Congress established War on Poverty started in 1964 - They've had 45 years to get it right.
o The IRS confiscates over a trillion dollars of our hard earned income each year to distribute to Washington bureaucracies to help poor Americans escape poverty, but the poor still abound. The US Government is losing that war.
Congress established Medicare and Medicaid in 1965. Both are health care and health insurance programs. - They've had 44 years to get it right.
o Both are broke. They survive only on funds the US Government has borrowed from the next generation of Americans.
Congress established Freddie Mac in 1970 - They've had 39 years to get it right.
o It is broke. Moreover, it too is taking millions of Americans to bankruptcy court with it.
In 2009 Congress established a fund of trillions of dollars in the massive political payoff called the TARP Fund.
o It shows NO sign of working the way the Congress and the White House (both Bush and Obama) presented it to "We the People."
In the first weeks of the Obama administration, the US Congress passed an almost one trillion-dollar pork-barrel bill disguised as a stimulus package that would, we were told, moderate the recession and reduce unemployment.
o DUH! Did we really believe that?
And now-a new record: Congress established "Cash for Clunkers" (welfare for the auto industry) in 2009 and it went broke in 2009!
o So much for the ability of the US Congress to think ahead - it simply doesn't exist.

So, with a perfect 100% failure rate, can Americans truly believe the US Government can
be trusted with a government-run health care system that the Congress designed?

"We the People" pay for every one of the failed programs listed above. Add another trillion or so (remember, a trillion is one thousand billions) of our hard earned dollars to the money the US Congress can waste, and it most certainly will be wasted.

The health care system in America is undeniably the best in the world. It became the best because "We the People" are in charge, and because the free enterprise system works. However, "We the People" also know that the system is imperfect and that the delivery system for health care relies on insurance companies whose self-interest is often opposed to the interests of "We the People." It is also plagued by the irresponsible behavior of attornies that sue the medical commuity at the drop of a hat.

The health care and health insurance challenges that face America in 2009 have many more workable and less expensive solutions than the ones the Washington insiders are promoting. None of these alternatives requires giving the US Government another opportunity to fail.

This blog is too short to enumerate them. I encourage you to do some research on the internet where you will discover that the systems being modeled in Washington...