Choose One: National Healthcare OR $700 billion bailout for Wall St?

[kentuck]

You can't have both. Choose one. If you think Wall St needs bailing out, then there will be no healthcare once again. Of course, you may believe there will be no economy and no jobs if the stock market crashes, as we are told it will. So, if you choose the bailout, you obviously believe George W Bush and the Republicans, who have the whole nation in panic mode.

Meanwhile, more and more folks will be without healthcare. The CEOs will continue to get their big bonuses and their golden parachute and you will get the satisfaction of knowing that you have helped them continue their luxurious lifestyles. Of course, they say they will protect your money market funds and your 401K's if you give them the money. Which do you choose?

[midnight]

1. National Healthcare NOT...........

$700 billion bailout for Wall St!

[Cassandra]

2. Not true.

What does the bailout have to do with the amount of money Americans pay to private health insurers? If we just redirect that money into a government plan, it's still money that's already being paid out, not new outlay.

[kentuck]

3. Are you talking about the 45 million that have no insurance??

Or folks that are already insured?

[Cassandra]

4. The insured already pay large amounts to...

insurance companies (I pay over $800 a month). If payments are redirected to an agency not seeking to make a profit, there would be enough to cover the uninsured.

[kentuck]

6. I believe most estimate there will be some more money needed ..

for a national healthcare program. But, I see your point. If they take out the middle man, the insurance companies, I don't see why there would not be enough money to cover everyone?

[stray cat]

5. What is the effect of no bailout - to retirements, loans, savings in banks, etc downstream?

If loans are no more - can people buy houses or cars or go to college?

[kentuck]

7. People have to put their money somewhere...

If all the banks fail except one, people will put their money into that one bank. People are presently insured by the FDIC up to 100K per account. I really don't see how the bailout or no bailout will affect the money people have in savings, etc. It will only affect which bank they may have it in...It could have the positive effect of making the dollar stronger because there could be a bigger demand for it. The surviving banks would do quite well, I would think..