Roadside danger

Debbie Porterfield's death when her car went into a retention pond stirred up an old anger I have about allowing these 9- to 10-foot-deep pits to be dug so close to roadways . Full Story
First Prev
of 2
Next Last
wjh

Saint Paul, MN

#21 Apr 16, 2010
Gndydncr wrote:
I guess if you want me to look up the names of the banks and mortgage companies that were bailed out along with General Motors, I could but I believe you are on top of things enough to know that it happened. With the intervention of government via Fannie Mae and Freddy Mac, mortgage companies and banks were denied the freedom to screen borrowers the way they normally would have. In bailing out the banks, mortgage companies, and General Motors, the government denied them the freedom to fail and their competitors were denied the freedom to buy them out.
It may sound a little odd to use the phrase "freedom to fail" but in reality, failure makes us stronger. I think there are case histories where the successor to failed companies emerge stronger, better, and more efficient than their predecessors. If I remember the history of Thomas Edison correctly, he failed hundreds of times inventing the light bulb before he finally found the right combination to make it work. Children learning to walk take many, many, pratfalls before they finally master the task. Fortunately, they have short stubby legs so they don't have to fall too far and get hurt. Many a youngster has endured skinned knees and elbows in learning to ride a bike. Failure makes us stronger. So, as I see it, government has denied its citizens the freedom to enjoy the benefits of stronger, better, more efficient banking and manufacturing operations.
As far as health care is concerned, there is no doubt that the new law will limit the freedom to choose any insurance company we want although we may have a limited choice for a short while. Eventually, private carriers will go out of business and then our freedom of any choice will be gone. There is no doubt that our freedoms to choose the doctors, clinics, hospitals, and procedures we want will be either limited or eliminated. Ultimately, our freedom to even choose end of life care will also be taken from us.
Great post Gndydncr, I couldn't agree more but would like to add that we were told by our President himself that we were going to immediately save money if this health care bill passed.

"WASHINGTON Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print.
Premiums are likely to keep going up even if the health care bill passes, experts say. If cost controls work as advertised, annual increases would level off with time. But don't look for a rollback. Instead, the main reason premiums would be more affordable is that new government tax credits would help millions of people who can't afford the cost" nhttp://news.yahoo.com/s/ap/20 100317/ap_on_bi_ge/us_health_o verhaul_fact_checkow."
This is why I continue to claim this is not real reform but just another major subsidy that has to raise taxes on others to make it work. Now some might think this is being fair but I say why weren't you honest in the 1st place?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Hugo Discussions

Title Updated Last By Comments
Report: 3 arrested in burglary spree that spans... (Sep '10) Dec 12 lol man 88
Eagle brook is a joke (Dec '11) Nov 25 Paul 96
Former sheriff Fletcher files to run for Ramsey... (Jun '12) Nov '14 Dutchman 3
Coon Rapids Could Get Name Change (Jan '06) Nov '14 Sangelia 72
Review: Healthsource Chiropractic (Oct '12) Oct '14 Indians travel to... 8
Do you approve of Roger Chamberlain as State Se... Oct '14 TiredOfPoliticians 1
White Bear Lake meeting set to discuss water is... Jul '14 john 1
Hugo Dating
Find my Match
More from around the web

Hugo People Search

Addresses and phone numbers for FREE

Hugo News, Events & Info

Click for news, events and info in Hugo

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 10:09 pm PST

Bleacher Report10:09PM
Bears vs. Vikings: Breaking Down Minnesota's Game Plan
NBC Sports 7:58 AM
Lions haven't pulled many big road upsets over the years
Bleacher Report 8:09 AM
Breaking Down Bears' Game Plan vs. Vikings
Bleacher Report 9:39 AM
It Pays to Block for Aaron Rodgers
Bleacher Report11:45 AM
Complete Week 17 Preview for Vikings vs. Bears