Glad money's not an issue for us
Many of us have too much money and we are happy that the president is going to redistribute that money through the new $1 trillion health care system. The taking of $500 billion from Medicare is great. This is going to cause rationing of health care for seniors and will force the seniors to spend their own money in their last few years of life.
Hundreds of billions will come from taxing insurance companies 40 percent on the premiums they receive from companies who are providing their workers with superior coverage. The insurance companies will also be hit with providing instant coverage for people with pre-existing problems.
This means that people without insurance can delay getting insurance until they have problems. The insurance companies will naturally have to charge more to cover these additional costs. The companies paying the increased premiums will have to pay employees less, which again will help keep many of us from having too much money.
Now some of us are greedy and are protesting. Thank goodness most people are too busy working and raising a family to have time to protest.
Now the president knows that even after the new health care system goes into effect, some of us will still have some extra money. Therefore, he will push for a cap and trade bill that will tax oil and coal use. That will cause electric rates to go sky high and gasoline prices to go up. That should just about take care of all of our extra money, but we don't need extra money when we have the government to take care of us.
Gene Kalley
St. Charles