JM> Bob Klahn

 BK>>  Your opinion. When you figure out how we maintain a health care
 BK>>  system in this country without the insurance industry please let
 BK>>  us all know.

 JM> What happens to the insurance industry is not the
 JM> Governments problem. The problem with the insurance
 JM> industry IS the government.

 Just like the mortgage meltdown is not the govt's problem? Just
 like the banks being overextended is not the govt's problem?

 Much of the current problem can be traced to repealing the
 regulations put in place after the depression. Banks were
 regulated to keep them from over extending themselves, and they
 did not have those problems again, until the regulations were
 repealed.

 The S&L crises arose because the S&Ls were not regulated as well
 as the banks. I don't see any S&Ls around here at all anymore,
 but lots of banks.

 Yes, what happens to the insurance industry is going to be the
 government's problem. The failure of the medical insurance
 industry could leave the medical field with nothing to pay the
 bills. Gonna be a hell of a mess if any large companies drop
 their medical coverage. Which is very likely to happen.


BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

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