29 May 2007

Obama's curious plan

US Presidential contender Barack Obama has come out in favour of "universal health care". I've only read a bit of the coverage but as far as I can tell it is essentially a welfare programme for insurance companies. This will not provide what Americans need unless of course they work for or own significant stock in a health insurance company. Health insurance firms add no value whatsoever to the process and any engineer worth his or her salt would eliminate them as redundant and unnecessary.

I am sure Sen. Obama will be accused by the right wingers of being a socialist but it is a peculiar type of socialism indeed.

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