The Market Ticker
Commentary on The Capital Markets- Category [Politics]

Are you angry enough yet to do something about this scam of a "government" we have at not only the federal but also the state and local levels?

Do you like being financially raped, and faced with the prospect of death after impoverishment should you get sick?

Do you accept that if you refuse to cooperate with same, and simply choose to accept that instead of being raped raw should you get seriously ill death is an option that is ok with you the government will then fine you an ever-increasing amount in an attempt to compel you to not make that choice?

No?

Then why are you sitting on your ass?

The Republican-led House is set to begin February with a vote to repeal ObamaCare, making clear that trying to dismantle the health-care law remains a top priority.

The scheduled vote next week was announced in a new memo from House Majority Leader Rep. Kevin McCarthy to fellow GOP House members in which he said the effort to repeal the legislation will give them an opportunity to tell voters that health care decisions “should be made by patients and their doctors, not by Washington.”

Uh huh.

The California lawmaker also stated that members should remind Americans that the country needs solutions that reduce costs and give them access to “21st Century cures and treatments” -- an often repeated message at congressional Republicans’ policy retreat earlier this month.

How about 20th Century options -- like enforcement of Robinson-Patman, for openers, against the pharmaceutical and medical supply industries?

We don't even have to get into the Sherman and Clayton acts, although those would be even better because they're not limited to physical things (e.g. "commodities".)  Nope, Robinson-Patman is enough -- pricing disparity that cannot be defended on the basis of kind and quantity -- that is, beyond a rational discount for quantity purchases, and which tends to restrain trade or inhibit competition, is illegal.

You know what's utterly stupefying?  The average MRI scan costs about $2,500 in this country.  You can fly from Chicago to Narita, Japan for about $1,300, round trip, and the scan itself, including having it read, is a couple hundred bucks in Tokyo -- cash.  

So why would you pay $2,500 when you can have it done for $1,500 and see a foreign country at the same time -- even if it's just the airport and a cab ride?

You think that's unusual?  Nope.  It's utterly common and Japan isn't a third-world country either.  Indeed for most "expensive but not must have it this very instant" procedures you are far better pulling out your passport and VISA card to buy an airline ticket than you are to use your so-called "insurance" if you have a high-deductible policy -- or for whatever other reason won't be completely covered.

Oh, incidentally, that happens a lot, virtually always without warning and often in ways that ought to implicate consumer protection laws -- like the common practice of "out of network" drive-by "consultations" that happen in hospitals daily without your consent as a patient.

The GOP has utterly no intention of doing anything about this.  Nor do the state legislatures.  They won't even bring such a thing up in their caucus; I know, because I've been told that specifically and repeatedly, including as recently as last week.

**** these so-called "representatives" and "lawmakers."  All of them.  It appears to me that the law is being flagrantly violated on a literal every-second basis, and we're not talking about "little" laws here either -- Sherman and Clayton, for example, carry 10 year prison sentences and million dollar fines for individuals (ten times for corporations when it comes to the fine part.)

You can talk to me about doing something about medical costs when there are literally thousands of indictments issued across the entire swath of this gigantic scam -- but not until.

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