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gbrumley's comments:

on Rx: Profiting from Sickness

The health care debate should center on a simple question;  is equal health care a right or a privilege?  If it is a right, then the government should supply the means by which all citizens can receive equal care.  If it is a privilege, then we can continue to operate the system for profit.

If we decide that health care is a privilege and not a right, then we can dispense with the notion that all peoples' lives are equal and recognize that people with money have more of a right to life than do the poor.  Let's face it;  under the current "for profit" system, those with money who develop cancer can get the best care in the best hospitals that money will buy and will likely live.  Those who do not have money will receive lesser care and will die.

What we're really discussing is whether the life of a poor person is less important than that of a rich person.

Gary B in Beaverton, OR

posted 3 years, 9 months ago
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on Banking In the Bailout Days

I'm a Washington Mutual customer; however, I pulled the majority of my money out and moved to Wells Fargo. As soon as a few outstanding checks through WaMu clear, and my direct deposit is going to Wells Fargo, I'm going to close my WaMu accounts.

I understand that my deposits with WaMu are insured, and that they are now part of JP Morgan. Here are my reasons for moving to Wells Fargo.

1. I did not want any disruption in my ability to bank should something really bad happen to WaMu and I have to get my money back through FDIC.

2. I decided that I did not want my money with WaMu, which in my mind, demonstrated poor business sense in allowing itself to get into this situation. They made bad loans and obviously had bad policy.

3. Wells Fargo, according to my research, had very little money tied up in bad debt and is a very fiscally conservative company. While other banks were suffering, Wells Fargo seems to have done quite well.

Sorry, WaMu. It's all a matter of confidence and trust.

posted 4 years, 7 months ago
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