Real0ne -> RE: Professor Warren Debunks A Few Healthcare Myths (11/27/2011 9:11:16 PM)
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ORIGINAL: tweakabelle Is it necessary to add that the USA is the only advanced country where medically-induced bankruptcy occurs? To put that another way, every other Western country has solved/abolished this problem completely, almost always through State-run National Health Schemes that cost far less than the US healthcare system does. In short, if the US adopted similar measures, it would better off in terms of healthcare delivery, balance of payments and cost to the bottom line. All gain and no pain. Such a no-brainer a ten year old with average intelligence would work out it's better than the current US system. well I want a national PAY MY FUCKING MORTGAGE OFF system since so many people went bankrupt over mortgages and inflation. quote:
The statistics show that Chapter 7 bankruptcy filings are rising faster than the more complex Chapter 13 filings. While the latter requires individuals to repay a substantial portion of their debt and prevents banks from foreclosing on their homes, Chapter 7 bankruptcy allows a debtor to wipe out his or her debts entirely and get a fresh start. "It is very fast and very deep debt restructuring," says Porter. Since 2005, Chapter 13 filings have dropped from about 35% of all personal bankruptcy filings to 25%, she says. "Systemically, that's a big change." That change suggests that more home owners are simply walking away from their mortgages, rather than attempting to make payments, especially during a recession with record-high long-term unemployment. "Chapter 13 was designed for regular economic times when people might lose their jobs and fall behind on their mortgage for three to four months, but having found a new job they would be able to use the Chapter 13 process to keep their homes," says Porter, noting that even during normal economic times only 1 in 3 Chapter 13 bankruptcy filings results in the individual's successful meeting of payment obligations. Read more: http://www.time.com/time/business/article/0,8599,1977728,00.html#ixzz1eyQQdSOe what do ya think eh? They ruin the economy the least they can do is pay the fucking bills doncha think?
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