The whole debate over gold standard came from being asked where the money was going to come from. I said since money is created out of nothing by banks mainly the Federal Reserve all the time, they can do it for this too. Your arguement about rights is far too simplistic for today. One could use it to get rid of the fire deptartment. Your triviializing healthcare into just another service and product gets my condemnation.The gold standard or the fractional reserve doesn’t have anything to do with the morality of government provided health care.
“For Congress to guarantee a right to health care, or any other good or service, whether a person can afford it or not, it must diminish someone else’s rights, namely their rights to their earnings. The reason is that Congress has no resources of its very own. Moreover, there is no Santa Claus, Easter Bunny or Tooth Fairy giving them those resources. The fact that government has no resources of its very own forces one to recognize that in order for government to give one American citizen a dollar, it must first, through intimidation, threats and coercion, confiscate that dollar from some other American. If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn. To argue that people have a right that imposes obligations on another is an absurd concept. A better term for new-fangled rights to health care, decent housing and food is wishes. If we called them wishes, I would be in agreement with most other Americans for I, too, wish that everyone had adequate health care, decent housing and nutritious meals. However, if we called them human wishes, instead of human rights, there would be confusion and cognitive dissonance. The average American would cringe at the thought of government punishing one person because he refused to be pressed into making someone else’s wish come true. None of my argument is to argue against charity. Reaching into one’s own pockets to assist his fellow man in need is praiseworthy and laudable. Reaching into someone else’s pockets to do so is despicable and deserves condemnation.”
– economist Walter E. Williams
Source? We had bank runs in the 1930’s, which are not possible with full reserve banking.Funny in the 1970’s and before we didn’t have fractional reserve banking, are you saying things didn’t work back then?
Source? Common knowledge. Let a credit union try to do fractional reserve banking and see what will happen! I belonged to a Catholic credit union back in the mid 1980s it got closed for having only about 95% of reserves. The ownership of it was given to an outfit from accross the state. Many from the west side of Grand Rapids are still sore about it today.Source? We had bank runs in the 1930’s, which are not possible with full reserve banking.
Another one bought and paid for by big insurance.Confront the issues NOW…the bill will go through…did you do your part? Call your reps and tell them NO!!!
No just using my common sense…God has been good to some of us!Another one bought and paid for by big insurance.
Common sense says that any healthcare system where one could loose their home on account of something like an anurysm even though one is insured is a healthcare system that is broken.No just using my common sense…God has been good to some of us!
So… you have no source?Source? Common knowledge. Let a credit union try to do fractional reserve banking and see what will happen! I belonged to a Catholic credit union back in the mid 1980s it got closed for having only about 95% of reserves. The ownership of it was given to an outfit from accross the state. Many from the west side of Grand Rapids are still sore about it today.
The debate over the gold standard is trivial. The value of all the goods and services produced in the US each year now exeeds the value of all the gold in the world.The whole debate over gold standard came from being asked where the money was going to come from. I said since money is created out of nothing by banks mainly the Federal Reserve all the time, they can do it for this too. Your arguement about rights is far too simplistic for today. One could use it to get rid of the fire deptartment. Your triviializing healthcare into just another service and product gets my condemnation.
Right now, most policies have caps. You pay a certain amount each month, and they are willing to pay out $X total.Common sense says that any healthcare system where one could loose their home on account of something like an anurysm even though one is insured is a healthcare system that is broken.
Idividual responsibility is good and right, but doesn’t cover many possibilities in real life. I the thread I started on national health care where I post an asrticle about an anurysm patient he took repsposibility and he and his family lost their home, that scenario gives immoral a bad name. Read the posts in these health care threads by Pathia, taking individual responsibility isn’t doing her one ioda of good. These things happen every day. Enough is enough! An end needs to be put to that immediately.The debate over the gold standard is trivial. The value of all the goods and services produced in the US each year now exeeds the value of all the gold in the world.
You contention that money is created out of nothing is sophomoric. The value of the goods and services produced determines the value of our money.
Easy credit expands the money supply too rapidly, leading to a decrease in its value.
The value of something is determined by what someone is willing to pay for it.
If we can’t afford healthcare before the government is involved, what make you think we can afford with the government’s help. The government has no money of its own. It all comes from us. Walter Williams description of how taxes work may seem simplistic to you, but that doesn’t make it any less true. The solution to our problem is really rather simple, but very difficult to implement. It starts with individual responsibility.
But I’m sure I lost you with that last statement.
You must not travel much or read the newspapers.If the government does not fund, or require private funding, of abortions then I support government regulation of healthcare.
The airlines are regulated by the governement, and they work fine.