I can’t even tell you the letter or numbers after 850 but yes, we’re giving more of our money to the banks that refuse loans and credit and spend our money giving their people huge bonuses. And just in time for bonus season, I might add.
So much for those who can’t pay their mortgage or at best live paycheck to paycheck, if that is even an option and they are employed. What is Congress and the President thinking of? A holiday gift to bankers who squandered the first $750 billion without any strings or reporting requirements? Are there any attached to this, except that they not put it all in their personal holiday stocking for next year with interest to pay for more red Ferrari’s for angry young men who are full of themselves for screwing their clients who park portions of their bank account with them to try to pay their mortgage or get the SUV because another kiddo is baking in the oven?
The best thing that’s happened this week is that a Federal judge ruled unconstitutional that every American purchase health insurance. Now that’s progress. Insurance companies will no longer be able to weed out those who might become sick to only insure the well and do what they really do, make investments and bargain on our lives and health and driving and whether our house might flood (sorry, only the Feds do that now, more later) or be consumed in a hurricane. And I’m sure they have hurricane and tornado caveats as well. Every bill that was ever introduced in the Insurance Committee of one state where I was a legislative analyst had a place for opponent comments, that inevitably read “Will Increase Premiums.”
Driving is a privilege and to drive I need a license. I also need a car and that car needs a registration that requires proof of minimum insurance. I’ve no problem with that. To be born and have your parents be required to give you health insurance, then at age 18 be required to purchase health insurance is only a boon to the insurance industry. They know it and will fight tooth and nail against the new law because the requirement to purchase health insurance has been voided. If the people who have spent the past few years fighting the “Obama” bill would concentrate their ire on the insurance industry, something might be done to allow more of us to be healthy and have more wellness care at the beginning and hospice care at the end. If so, we might just live and die with dignity. Be well. Dee
Cooking with Dee 