Buenos Aires, Argentina
The beauty of democracy is that it defrauds the average person into believing that he has been taken into the ruling elite. He thinks that ultimately, he decides what government does. Naturally, he deserves a share in the spoils.
All government is an exercise in larceny. All governments take things away from some people - power, money, dignity, freedom -- in order to bestow favors on the ruling elite and its clients. The masses willingly and eagerly go along, if they think they can get something out of it -- that is, someone else's property.
The argument in Congress, which when last we checked was holding up the whole parade, was over how free 'health care' is administered. Approximately $2.2 trillion is spent annually in America - more, per capita than in any other nation - on health-related consumption. The fight is over who gets the money and who gets the care. It is a zombie war, in other words...with some combatants, perhaps, less zombified than others. As far as we know, no one suggests the obvious solution - let people decide for themselves.
In order to win elections, the feds need to give as well as take. So, in addition to public safety and national security, they offer free health care, free education, free highways, and free elections, to determine who gets what.
As near as we can tell, most of the money spent on health care is simply wasted. Just compare life expectancies. France has a nationalized system. It costs considerably less per person than the US system. Switzerland, Britain, Holland, Germany - all the developed countries have health care programs partly or wholly run by the feds. All spend substantially less than the US and all have about the same or better life expectancies.
Taking a more extreme example, Cuba spends only a fraction as much as the US...yet it too has life expectancy rates that are not much different.
Here again, you might be tempted to say the feds have failed to create an efficient health care system in the US. In that, you would certainly be correct, but you would miss the larger point: the US feds succeeded better than any of their rivals in transferring wealth from the dumbbell public to their wily favorites in the insurance and health care industries.
And wait...what's this?
Secondary prevention refers to treating patients with existing disease before it causes significant illness.
They analyzed the results of 305 randomized controlled trials involving 339,274 individuals and found no statistically detectable differences between exercise and drug interventions for secondary prevention of heart disease and prevention of diabetes.
Oh, dear reader, you crack us up. You've missed the point again. The idea is to transfer money, not help people become healthier. If the feds really wanted a healthy population and an efficient health care system, they'd cease offering health care services to anyone who was overweight, for example, or to anyone who couldn't do at least 10 push-ups.
Get it. They'd encourage people not to need health care. vAs the system works today, few people will choose exercise over drugs. When you exercise, you pay the 'costs' yourself. You have to spend the time...you have to do the work. But when you get 'free' drugs from Medicaid, someone else pays.
Get used to it...more drugs...more drones...and more Fed credit-pushing drivel.
Bill Bonner is the President & Founder of Agora Inc, an international publisher of financial and special interest books and newsletters.