The Magic 51%

Lumpy 1

Diamond Member
Jun 19, 2009
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I keep hearing from various talking heads on television business broadcasts statements that after (if) health care is passed the government will be in direct total control of 51% of the economy. I've tried to do research on this but lack the expertise and can't find an article or facts to back the statement up.

My question.. is this possible...?
 
I heard one sixth lumpy1. But another TARP like bill has been introduced by Barney Frank and Chris Dodd that could give the govt. control over the rest of the economy.

I
t's hard to imagine a worse piece of financial regulatory legislation than the bill Barney Frank and the administration put before the House Financial Services Committee last month. But Sen. Chris Dodd's effort, introduced last week, clears this hurdle.

Much attention has focused on the fact that his "Restoring American Financial Stability Act" differs from the administration and Frank proposals by creating an entirely new agency to function as a "systemic regulator" of nonbank financial institutions, instead of the Federal Reserve. Far more important, however, is the regulatory and bailout powers it gives to the government. Here the Dodd bill follows the same flawed ideas advanced by the administration and Mr. Frank, but in some ways make things worse.

Both bills are intended to cover more than just companies that are engaged in financial activities. Following the administration's lead, both provide that a company engaged in a financial activity "in whole or in part, directly or indirectly" could be subject to enhanced regulation and supervision.

Peter J. Wallison: The Permanent TARP - WSJ.com
 
I keep hearing from various talking heads on television business broadcasts statements that after (if) health care is passed the government will be in direct total control of 51% of the economy. I've tried to do research on this but lack the expertise and can't find an article or facts to back the statement up.

My question.. is this possible...?

The goverment is already directly responsible for nearly 50% of the population's HC, now

Veterans, active duty, retired military, Medicade, Medicare, various children's HC programs, and government workers.

I have a fully socialized HC system call the VA.

Wonderful HC.

Far better than the private HC insuranced care I used to have, BTW.
 
I keep hearing from various talking heads on television business broadcasts statements that after (if) health care is passed the government will be in direct total control of 51% of the economy. I've tried to do research on this but lack the expertise and can't find an article or facts to back the statement up.

My question.. is this possible...?

The goverment is already directly responsible for nearly 50% of the population's HC, now

Veterans, active duty, retired military, Medicade, Medicare, various children's HC programs, and government workers.

I have a fully socialized HC system call the VA.

Wonderful HC.

Far better than the private HC insuranced care I used to have, BTW.

You socialist
 
I keep hearing from various talking heads on television business broadcasts statements that after (if) health care is passed the government will be in direct total control of 51% of the economy. I've tried to do research on this but lack the expertise and can't find an article or facts to back the statement up.

My question.. is this possible...?

The goverment is already directly responsible for nearly 50% of the population's HC, now

Veterans, active duty, retired military, Medicade, Medicare, various children's HC programs, and government workers.

I have a fully socialized HC system call the VA.

Wonderful HC.

Far better than the private HC insuranced care I used to have, BTW.

You socialist

:eusa_eh:...or.....:lol:
 

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