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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-01-09 01:03 PM
Original message
Healthcare Reform = Jobs
Secretary of the Treasury Timothy Geithner was on the TV this morning making excuses and trying to explain why the job market was still in the dumps. He was like a blind pig looking for an acorn. The explanation is rather simple.

The cost of health care has reached a point of diminishing return. Jobs are not going to return until we reform healthcare. Employers are paying an exorbitant amount to the big insurance companies in order to cover their employees. They have less and less to invest in jobs and expansion because of their employer-based health plans.

At the same time, employees have sacrificed in wages because of this cost to their employers. It is simply not possible to continue the present system and expect there to be jobs for our people. Jobs and the lack of jobs are directly connected to the employer-based insurance system.

The Congress and the Administration can make comments about employment being a lagging indicator of recovery but they are whistling past the graveyard and the next election if they continue to operate on that assumption. Jobs are not going to return until we get healthcare reform. That is the bottom line.

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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-01-09 01:52 PM
Response to Original message
1. I don't think the jobs will return until the leadership gives up on their free market fantasies.
BTW Single payer would create 2 million new jobs in this country.

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-01-09 03:14 PM
Response to Reply #1
3. Excellent chart!
The American people understand "jobs" much better than they understand "public option".
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-01-09 02:25 PM
Response to Original message
2. Heatlh care Reform ..or banks with our tax dollars financing Cluster bombs..
hey Geithner..how is our tax money being spent that you gave to your buddies in the banks and wall street?

Gee Bombs or health care..i can't decide where i want my money spent??:sarcasm: :sarcasm:

hey ya little fucker..get off my tv!!..How's your daddy Geithner..you know the CIA front guy who worked with Obama's mommy??


Four Major bailed out US banks finance cluster bombs with taxpayers money


http://www.democraticunderground.com/discuss/duboard.ph...

***A Big Thank you to DU member Ichingcarpenter for bringing this to my attention!


The top five loan providers were Bank of America , Citigroup , JP Morgan , Barclays and Goldman Sach from your link..and thank you for that link !!

Top banks fund cluster bombs as ban nears -
LONDON, Oct 29 (Reuters) - Leading banks have funded cluster bomb-makers to the tune of $5 billion in the past two years despite an international accord to ban the weapons, a study said on Thursday.

The top five loan providers were Bank of America , Citigroup , JP Morgan , Barclays and Goldman Sachs , the study said on Thursday.
The researchers used publicly available information, such as that supplied by stock exchanges and financial databases, to produce their study.


Bank of America and JP Morgan declined to comment while Citigroup and Goldman Sachs also had no immediate comment.

Nations agreed to outlaw cluster bombs in May 2008. The resulting convention will come into force when 30 countries have ratified it -- 23 have already done so. Neither the United States nor Britain, where the top five loan providers are based, have yet ratified the treaty.
The Convention on Cluster Munitions includes a ban on assisting anyone to make the bombs.

xxxxxxxxxxxxxxxxxxxxx

now why does this not surprise me?? and what group here has many in this current administration??

oh yeah Goldman Sach's..


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