Thursday, December 13, 2007

Our Medical Insurance Take Away

Many of us over the years have benefited from medical insurance and retirement plans connected with our employment. College teachers particularly have had the best of things with their retirement system, TIAA, and many are currently retiring thanks to it as multi-millionaires

However, one of the tragic expropriations of property that is spreading across the U.S. is the cancellation of both job related medical insurance and retirement programs. General Motors, which has been negotiating with its unions -- under the threat of outsourcing of their jobs -- has asked for vast reductions in benefits, claiming that worker medical insurance adds $1,220 to the price of one of its typical cars, placing it at a competitive disadvantage with overseas car producers.

The dirty little secret here is that the U.S. failure to introduce single payer medicine insurance (out of tax revenues) is both depriving Americans of a basic property right -- medical care -- AND putting our nation at a competitive disadvantage with others who do provide such benefits out of general income and corporate tax revenues.

Thus, our American way of doing things is both unjust and counter productive. All of us are suffering from our aberrant property distribution system.
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"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
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Ed Kent 212-665-8535 (voice mail only) [blind copies]
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