November 27, 2009...4:26 pm

What Would Alexander Hamilton Think?

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Some believe we don’t already have a “public option.”  Unfortunately, they should think again.  We certainly do have one of a sort, although definitely not one a healthy society (no pun intended) should have.  The New York Times:

From the Hospital to Bankruptcy Court

Much is being written of late about bankruptcy as a “way out.”  But if you have ever been a victim of creditor in someone else’s bankruptcy (as the Wife and myself just recently have) that came about in large part due to their medical bills?  One experiences a feeling of fury and utter legal helplessness, and immediately wakes up to how “health” matters are “infecting” all aspects of our society.

A debtor’s rights are well-seen to by the states.  But as to what any creditor — including normal people who obeyed the law, and entered into a contract that had NOTHING (they thought) to do with “healthcare”, and did not imagine they were taking a wild risk — is owed?  At the nod of a bankruptcy judge, their money (which could have paid taxes, or purchased other goods) goes up in smoke, as if it had never existed.

As if that is what our first Secretary of the Treasury intended for contract law and our courts?  Yet, inexplicably, real conservatives today, who imagine themselves far more responsible and much more concerned than liberals about the “health” of our economy and the integrity of our law?  They joke that they have no problem with that corrupted and warped “system” we all endure now.

It would be to laugh . . . if it were at all funny.

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