In this podcast, Bruce, Michael and Dale discuss the special election in Massachussetts, the dangers of hyperinflation, and Haiti. The direct link to the podcast can be found here.
The intro and outro music is Vena Cava by 50 Foot Wave, and is available for free download here.
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As the Magic Unicorn and Snake Oil Show moves on to the full Senate after passing out of the Senate Finance Committee on a majority vote, Massachusetts gives us a peek at what we can really expect, should this all pass, at a national level:
The state passed a prototype for ObamaCare in 2006 on the same cost-control theory as Senate Finance, only to see spending explode. So now Beacon Hill is contemplating far more drastic spending-control measures, such as a plan to “require residents to give up their nearly unlimited freedom to go to any hospital and specialist they want,” as the Boston Globe reported on Sunday. Paul Levy, the CEO of Beth Israel Deaconess Medical Center, told the Globe that “You can’t reap these savings without limiting patients’ choices in some way.”
Of course you can’t – savings come from what? Spending less money. That means those that are claiming you can have something for nothing are – surprise, surprise – lying to you. And you’d think adults of voting age would have realized that by now. But if not, then I suggest two words to you – see Massachusetts.
The government solution – they’ll decide for you because they believe their decision will cost less. And since you’ve put them in charge, what ‘choice’ have you (remember this national plan is all prefaced on the lie that you’ll benefit from “choice and competition”):
A 10-member commission is trying to impose a new “global payment” system on the top-notch Massachusetts health system. Doctors and hospitals would be forced to join large networks and be paid a set rate for each patient. The idea is to make providers live within a fixed budget and cut down on expensive treatments.
Now you can add four more words to your analysis which best reflect the above. See Canada. See UK.
Any guess where “top-notch” doctors will go if this plan is enacted? Two more words – somewhere else.
And the lie about “choice”? Well there’ll be a choice, but it won’t have anything to do with you:
But if patients are allowed to receive care outside of whatever network they end up in, this new jerryrigged cost-control would break down, or not produce the desired “savings.” You know who wins when the interests of government conflict with those of patients to choose a doctor or treatment.
So in addition to taxes on “Cadillac” plans, taxes on medical device industry (which will stunt innovation if not kill it outright) and taxes and jail time for those who “choose” not to buy insurance, the bulk of the so-called “savings” will be imposed by limiting choices for patients (both in who they see and what those they see can prescribe for treatment) and payments.
Does it really take a rocket-scientist to understand where that will all end up? The only place you’re ever going to see unicorns and magic rainbows is on Saturday morning kid’s shows. What is being cobbled together by our political leaders comes under the title of” Dr.” Obama’s Snake Oil Show and Magic Act, where smoke and mirrors are used to sell the rubes something that isn’t at all what he claims.
Certainly, and I’ll say this for the umpteenth time, there are “reforms” to the health care industry which would be both beneficial and cut costs. But almost none of them are included in this package being touted as “the answer”. It’s not the answer, it is a concoction that promises all of the worst of existing government run health care systems with very little of whatever benefits they might offer.
This needs to be stopped, scrapped and revisited. If it isn’t, we and our economic well-being as well as our health will suffer as a result.