Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts

Thursday, August 23, 2012

Romney / Ryan will steal our country


The Republicans drove the United States into a ditch so they could grab the White House. We can't let them get away with it.

For the last two years Republicans stonewalled every attempt to get the economy going again. If the economy improved, Obama would be reelected. That would disrupt their business plan.

Paul Ryan is a liar and a hypocrite. He actively sought federal pork while saying he was opposed to pork. He was part of a budget deal that would withhold funds from the military if the Congress of which he was a part did not do its job, which it did not partly because of his efforts, and now he says he will go back on his word. 

Ryan opposes abortion in every situation as dictated by his Pope, as does Mormon Bishop Mitt Romney, and both refuse to admit when and how they would impose their religious beliefs on the rest of us.

Romney will say anything, and has, to get elected. He tears down the Presidency, makes a mockery of America's place in the world, then says our President diminishes the office. Romney plays the bigot in Israel and says stupid things about the English and brags about his wealth. 

 Both men were born on third base and pretend they hit a triple. Romney says culture is what creates success, by which he means the Mormon culture. Ryan is an acolyte of atheist Ayn Rand but picks bits of her "philosophy," such as it is, that justifies his belief in himself. God, what a pair of putzes. With no compassion whatsoever, their hunger for power shows so little class.

Romney/Ryan want the rich to get richer and the poor to suffer: 

Romney/Ryan want to end Social Security to enrich Goldman Sachs, the bankers who ruined the economy then profited from the chaos. 

Romney/Ryan want to end Medicare to enrich the insurance industry which will enrich them in turn and pay their political hyenas. 

Romney/Ryan want to rig the "non-free market"  in favor of large corporations in which they have a stake, to hell with individuals, laborers and small business owners. 

Romney/Ryan will take away individual rights and give them to giant corporations who view all citizens simply as consumers.

Romney/Ryan lie and cheat and steal. We can't let them steal our country. We just can't.

Wednesday, August 15, 2012

Hospitals: sick profits from monopoly


Hospitals, once run by nuns and charities, are becoming big business. An article in the New York Times published on August 14, 2012 tells how profits are up, sometimes at the cost of lives (read it here).

A major investor in HCA, one of the largest hospital conglomerates in the country,  is Bain Capital, the firm of Presidential candidate Mitt Romney.

The formula is simple: Buy a hospital, cut expenses and increase revenues to make higher profits. 

Cutting costs has included putting fewer nurses on station and turning people away at the emergency room. These efforts have lead to patient deaths. 

Increasing revenues has included changing billing codes to get more out of Medicare  (no wonder Romney want to "restore cuts to Medicare").

Market place economics do not work well in health care because the purchaser of the service (government and the insurance companies) are not the recipient of the service (patients). Since hospitals in most areas do not face "competition in the market place" because of the size of  the investment, only regulation can keep this essential service from being gruesomely driven by the profit motive. 

Romney wants to reduce that regulation, and favors – surprise– a voucher system that would have patients and states and insurance companies trying to negotiate with hospitals where there is little or no alternative.

Romney wants government smaller so there will be less supervision of the profit-making machines that he has championed his whole life. An exceedingly rich man, he doesn't understand what it is like to be on limited income and facing horrific medical expenses. With his large and involved family, he can't understand what it would be like to be cared for by harried and overworked nurses.

He just knows that there is money to be made.