Article

2009-05-07 Economy

Banks returning bailouts will face conditions

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Posted by Beavis 2009-05-07 00:00|| || Front Page|| [4 views ] Top

#1 So now we have major government control in the auto manufacturers AND the banks that will not be relinquished without a struggle. Health care will be revisited under this administration and they are far more media savvy than Hillary was - could there be any way to describe what we are witnessing other than "creeping Communism"?

Posted by Grumenk Philalzabod0723 2009-05-07 08:18|| 2009-05-07 08:18|| Front Page Top

#2 For health care they are offering providers certain incentives and compensations if they do certain things - like spend millions upgrading to a HCIT 09 certified system.

What I expect to happen is that, once health care providers invest these millions and are close to claiming their compensation the administration will do a switch with a 'oh... but now you have to meet these other conditions and regulations' (like socialized health care) just like they are now doing with Banks and Car Manufacturers.

Health care providers won't be able to say no without ending up deeply in the red - and later facing penalties for not jumping on the bandwagon.

Its called Bait-and-Switch.

Posted by CrazyFool 2009-05-07 09:02|| 2009-05-07 09:02|| Front Page Top

#3 Y'all should look at this from another angle, he plans to empty the banks to fill the nation's debt hole, it follows exactly the "Take from the rich" scheme, the really rich are the huge banks, there's not enough money anywhere else.

Posted by Redneck Jim">Redneck Jim 2009-05-07 21:58|| 2009-05-07 21:58|| Front Page Top

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