trrenter_IHB
New member
<strong>1) How is the massive banking system bailed out benefit our economy so far (we have not seen the worse yet)? </strong>It is hard to judge because you never know what would have happened if there was no intervention.
<a href="http://www.bloomberg.com/apps/news?pid=20601109&sid=alC3LxSjomZ8">Bank Profits From Accounting Rules Masking Looming Loan Losses </a> This is an interesting read click on the link.
<strong>2) How can a car that worth $1000 or less when Obama pay us $4500(If you have one of those cars, better do it fast)?</strong> Now we want another 2B to fund this program or it is finished. What is really sad is what may be the unforseen consequences of this program. Many people buy clunkers because that is all they can afford. Used car prices will go up simply because there is less supply. That may hurt the poor trying to get a simple transportation car.
<strong>3) How come graduates are easily >$100,000 in debt when they are out of college, and I am not talking about private colleges. What about people that graduated from a professional/graduate schools?</strong> I can't even answer this question, there is lady suing her school for 70k she spent there becuase she can't get a job with the degree she earned and she doesn't feel like they have helped her get a job. I know people that actually have figured out how to not pay the student loans they took out. They are perpetual students. They take the minimum required classes so they don't have to start paying the loan.
<strong>4) How can we enroll more people in a government run health insurance program without sending the healthcare cost over Himalayas? I could be naive. The solution is decrease reimbursements to healthcare professionals which will lead to decrease quality of care, and taxing everyone else to pay for the program. </strong> We can't. We would need a complete overhaul of the system. If a doctor comes out of school with 250k in student loans how can we limit his income? Who would take on that type of debt load when the government will decrease reimbursments thus lowering the earning potential. We would also need to limit malpractice claims. Someone would need to subsidize the equipment needed in a Doctors office. What doctor would spend money on a piece of equipment that they can't get an ROI on. The government is touting savings from Medicare will help pay for this new program. Why not get Medicare running and make the cuts then lets discuss government healthcare.
<a href="http://www.bloomberg.com/apps/news?pid=20601109&sid=alC3LxSjomZ8">Bank Profits From Accounting Rules Masking Looming Loan Losses </a> This is an interesting read click on the link.
<strong>2) How can a car that worth $1000 or less when Obama pay us $4500(If you have one of those cars, better do it fast)?</strong> Now we want another 2B to fund this program or it is finished. What is really sad is what may be the unforseen consequences of this program. Many people buy clunkers because that is all they can afford. Used car prices will go up simply because there is less supply. That may hurt the poor trying to get a simple transportation car.
<strong>3) How come graduates are easily >$100,000 in debt when they are out of college, and I am not talking about private colleges. What about people that graduated from a professional/graduate schools?</strong> I can't even answer this question, there is lady suing her school for 70k she spent there becuase she can't get a job with the degree she earned and she doesn't feel like they have helped her get a job. I know people that actually have figured out how to not pay the student loans they took out. They are perpetual students. They take the minimum required classes so they don't have to start paying the loan.
<strong>4) How can we enroll more people in a government run health insurance program without sending the healthcare cost over Himalayas? I could be naive. The solution is decrease reimbursements to healthcare professionals which will lead to decrease quality of care, and taxing everyone else to pay for the program. </strong> We can't. We would need a complete overhaul of the system. If a doctor comes out of school with 250k in student loans how can we limit his income? Who would take on that type of debt load when the government will decrease reimbursments thus lowering the earning potential. We would also need to limit malpractice claims. Someone would need to subsidize the equipment needed in a Doctors office. What doctor would spend money on a piece of equipment that they can't get an ROI on. The government is touting savings from Medicare will help pay for this new program. Why not get Medicare running and make the cuts then lets discuss government healthcare.
