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FUMARE

Law, culture, and Catholicism...up in smoke!

Wednesday, June 24, 2009

Healthcare Bailouts

The New York arm of Wall Street has gotten its turn at the trough, but the Hartford arm hasn't yet gotten the derivative buy downs, but President Obama will be sure they get that money today. He's not offering socialized medicine, he's not offering single payer anything. no public or private option. Nothing but cash for the overspent investment hubs buried within your HMO. Why were HMOs buying derivative risk instruments? I don't know, but they need public trough cash. He's merely giving the HMO folks the same treatment that the rest of the hedge funds got. Progressives and consevatives should realize that no one is getting what they want. No one except for the financial belly of Wall Street's HMO world, that is.

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