Chery to be Detroit's new nightmare

You guys are unreal. Your parents were poor. Thats rough. Did they hope the same for you? Is that what you are hoping for your kids? And as far as free health care; that would mean you get it free too. And most companies would rather pay you minimum wage your entire tenure with them.

 

Do you know the profits being made by Humana and other HMO's as well as for profit hospitals? All that money would roll back into savings.

 

Try turning on your PM's and perhaps I woudnt have to edit your comments, I dont think your comments were appropriate. Also I will edit anyones posts who go to far, I have done it before & I will do it again.

 

I see. So when Old Dan wrote I was a(a derogatory term for a Jew), that wasnt going too far. And that was when you were moderator. Good to know you have standards as to when someone crosses the line.

Send Me A Link To The Post

 

This is the theory that lies behind every new government program. In practice, government can almost never do something cheaper than the private sector. Regarding "profits," the term is a misnomer in the context you are using it, in a cost/benefit analysis. There is no profit. Profit is just the cost of capital. If the government takes over for profit hospitals and insurance functions, they will have to invest in the same people, plant and equipment, and borrow the money to do so. The interest in the additional national debt to fund those investments becomes the new cost of capital, or what you refer to as "profit." Then it just becomes a matter of who can perform the function with less capital, the public sector or private sector.

And just to anticipate your response, Medicare is NOT the model system that politicians say it is. More people pay into Medicare than receive benefits from it. So when everyone joins the system and you have more people receiving benefits than paying into it, the system will rapidly break down without massive tax increases.

That's just reality. Get used to it.

 

Sorry until you can give somehting solid that stays in the rhelm of right wing mythology.

 

And making a profit in America became a bad thing... when???

 

Danr, due to the fact that you can't seem to create a cohesive thought and in response to this babble, I'm going to lower myself and use one of your silly techniques of posting a completely off-the-wall picture (which is usually Persistence of Memory it seems).

 

Craig, you're the first one who used that word.
http://www.cointalk.org/showthread.php?t=25691&page=4

I proudly consider myself a Red-Neck. I've worked in many fields and and have sported a farmers tan since I was 12 years old. But I'mnot a Sorry Ben not a term that is allowed -Hater thank you very much...

 

It's just math and reality. Deny it if you wish. The Russians tried to deny basic economics for 60 years and their empire collapsed because of it. Economics 101.

 

People think that American corporations exist to make a product and a profit. This is incorrect. The goal is to extract as much money out the the company as possible and put it into the pockets of the senior management. They are parasites bleeding the host and doing just enough to keep the host from dying. This isn't capitalism anymore, it's global corporatism.

 

As bad as I hate say it, you should not forget the stock holders of the companies. They are the ones who pay the CEO"s who have done a good job of lining their pockets while keeping the company at a high enoght level that it can be sold without loosing any money or at least not taking such a big loss. So check the stockholdeers list of these companies and you will see who is really makiing a killing (most of the time).

 

There are certain functions that gov't does better. Gov't has a role (unless you are a libertarian in which case you are out of the mainstream).

 

Handling finances is not one of them unfortunately. The one role that Gov't seem to want to do the most is spend someone else money.

 

With some companies this is true. For most companies the rate of return to shareholders has been pretty low since the end of 1999. Check out the DJIA, S&P500 or Nasdaq performance. Shareholders in general haven't fared as well as insiders. The old rules no longer apply. Owining common stocks just might be last century's great investment, not this one's.

 

No government ever do better work economy. 70 Years government try run USSR economy only drive country to ruin. Now Russia run by capitalists apparatchik that tell Puppet Putin what do and he do it. Government should not run economy, and economy should not run goverment - only power of people should run government. If I gone for while, the string puller send me of vacation.