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Old 08-19-2009, 03:29 PM
deacon blues deacon blues is offline
Pride of the Neighborhood


 
Join Date: Feb 2007
Posts: 6,166
Re: The Dem's seem ready to go forward on heatlhca

Quote:
Originally Posted by MikeinAR View Post
What percentage of health care costs do you believe is caused by gov't "regulation"?

This sounds like the Republicans idea to de-regulate banks and Wall Street a few years before it all crashed. I thought you guys would learn that simply de-regulating things wasn't the end all be all solution of complex problems.

I'm glad you guys aren't in power to deregulate healthcare like you deregulated our financial system. That didn't turn out so well for all of us.
Oh boy. Mike you know full well it was the Clinton Admin pushing the sub prime loan business through Freddie Mac and Fannie Mae that created the housing bubble that set us up for this recession. Everything dominoed from there. I posted a 1999 article from the NYT that predicted the very crash that happened. We saw people post youtube videos of Barney Frank and that Congresswoman from LA saying that FredMac and FanMae were sound and secure and that housing for people who were high credit risks wasnt going to hurt the system. Regulation, not deregulation caused this mess and you know it---the government mandate to banks to loan money to poor people who couldnt pay it back is the root cause for all of this. The GOP tried unsuccessfully to fix the FredMac and FanMae problem only to get stonewlled by the Dems. Its a fact. Its a matter of recorded history.
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