Wall Street's Swine Flu Vaccine Score Shows the Perils of Government Healthcare

H1N1 & Government run Health Care

Welcome to government run healthcare. According to President Obama, Medicare will be bankrupt by 2012, that's before the $542 billion he needs to take from Medicare to help finance our magnificent new health care system. The government has run Medicare into the ground and tells us they can do a better job with this massive fiasco? The new healthcare begins in 2013, but we start to pay for it next year? They say there won't be any denials of care, Medicare now denies more treatments than private insurance, the net profit made by healthcare insurance companies is a little over 2%. They say they will stop the $60 billion in annual Medicare fraud, if they can do that why haven't they done it before? Obama promised the same healthcare as government employees receive, but Congress has decided the cost is too high for us to have that level of care, but we still get to pay for theirs. We were promised by the administration that unemployment would stay under 8% when they pushed through the stimulus bill, it's double digit now. How is that promise working out? We were told the H1N1 vaccine would be enough for everyone under 65 in this country with plenty to spare, I understand the prisoners at Gitmo had their shots, no one in my family has been able to have access to the shots. How is that promise working out? We were promised millions of "shovel ready jobs" where are they? How is that promise working out? The government keeps throwing more money after bad, Fannie and Freddie execs got some gigantic bonuses(bad AIG-good freddie and Fannie) they've had massive losses and massive federal dollars. They were all too big to fail, so they received our tax money and are failing anyway. I want my money back. It appears that the house healthcare bill will create more than 100 new agencies, we get to pay for untold thousands of new government bureaucrats and get great new healthcare while saving money. All the new bureaucrats get the good healthcare while they decide if our treatments are cost effective (worth paying for).The stimulus has failed, taxpayers paid $24,000 for each auto purchased under Cash for Clunkers, Medicare is bankrupt and rife with fraud, H1N1 vaccine was another broken promise,of course grannie never was supposed to get the vaccine (it was for 64 yo and under), Freddie and Fannie and the other businesses too big too fail need more money, 100+ new agencies come with the healthcare for we lesser humans, Medicare is on the rocks but the administration needs to take $542 billion from it to prop up the healthcare system we don't have yet, people are still losing their homes, the jobs aren't happening, China has warned us to stop printing so much money because they don't want to be repaid for the stimulus money we borrowed from them with worthless dollars, Gas is going up but we can't drill for the 845.9 billion barrels available in our own territory and our president says our utilities will skyrocket with cap and trade.Things are looking up.

And what's the alternative?

If you don't like the way the government rations vaccines, how would you propose they be distributed? Surely you can't be thinking that the free market would have sent flu shots to pediatricians and OBs first and made the bankers wait in line?

News flash...

"News Short n' Sweet by JFD8"

May be 'short and sweet' but misleading at best. I call it grand standing.

Did you check Health department. Do they commonly go to businesses giving shots. What criteria do they follow ?

Bunch of one liners appears you have a agenda or site your pushing.

If rules was broken, blame is not on the company unless you can prove what they did wrong.

Here is facts:

“To the list of hundreds of schools, hospitals, and community health centers that have received limited allocations of the H1N1 swine flu vaccine, you can now add some of New York’s largest employers. In the past week or so 13 companies, including Citigroup (C) and Goldman Sachs (GS), have begun receiving small quantities of the vaccine, according to city health authorities.”

“Citigroup has been supplied with 1,200 units and Goldman with 200, says Jessica Scaperotti, press secretary for the Department of Health & Mental Hygiene. The agency has so far approved orders by 29 employers—including 16 that have yet to receive any vaccine—after they were cleared by the U.S. Centers for Disease Control & Prevention (CDC). Big employers that have received or are scheduled to receive vaccine so far include Time Warner (TWX), JPMorgan Chase (JPM), Memorial Sloan-Kettering, New York Presbyterian Healthcare System, and New York University.”

“Health-care workers at those employers are bound by the CDC to distribute the vaccine only to populations deemed to be at high risk of developing serious complications from swine flu: pregnant women, children and young people aged 6 months to 24 years, people who live with or provide care for infants under 6 months (who cannot be vaccinated), people aged 24 to 64 with medical conditions that put them at higher risk for flu-related complications, and health-care workers and emergency medical personnel.”

http://www.nakedcapitalism.com/2009/11/goldman-fed-citi-getting-preferential-allotments-of-h1n1-vaccine.html