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Obamneycare Converts Health Care Into Profits

By       Message Paul Craig Roberts     Permalink
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When Obama sold out his supporters to the insurance companies, Obama supporters lined up with the pretense that diverting Medicare money to private profits was an improvement over the current system. Obama supporters have now invested so much emotional capital in Obama's assault on Medicare that they pretend there is some meaningful difference between Obamacare's government subsidized private insurance policies and Romneycare's government subsidized private medical insurance vouchers.

While the two sides yell and scream at one another, the concrete hardens around the new common policy of shorter lives for the elderly and more profits for private corporations.

Although no one in either party can define the US mission in the seven countries in which the US is conducting military aggression, wars of choice that according to Joseph Stiglitz and Linda Bilmes have already cost US taxpayers $6 trillion in out of pocket and already incurred future costs, there is no discussion of halting the wars and diverting armaments industry profits to the health care of the US population.

Thus, we are left with Dr. Dotson's conclusion that Americans are governed for the benefit of corporate profits. Americans' lives, health, incomes, careers, prospects, none of this matters. Only corporate profits.

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http://www.paulcraigroberts.org/

Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His books, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available (more...)
 

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