A Crisis of Capitalism?


In his interview with John Bogle, Bill Moyers cites this article from THE NEW YORK TIMES. which examines more than 1,200 nursing homes purchased by large private investment groups.
The piece, "At Many Homes, More Profit and Less Nursing" reports that:

"The TIMES analysis shows that managers at many other nursing homes acquired by large private investors have cut expenses and staff, sometimes below minimum legal requirements..."
"...In recent years, large private investment groups have agreed to buy 6 of the nation's 10 largest nursing home chains, containing over 141,000 beds, or 9 percent of the nation's total."

The article further details residents from one home who died from what family members call negligent care, while investors profited millions.

Bogle calls this a "national disgrace," contending that:

"There are some things that must be entrusted to government and some things that must be entrusted to private enterprise. "

Do you agree?

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"I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.

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"But even when you cease to be slaves, you are yet far removed from being placed on an equality with the white race."

- Abraham Lincoln, President of the United States of America, Hero to the servants of big government, Racist War Monger

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"I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.

the same thing applies to government health care. what do they do when budgets are cut? cut care i would assume. what do they do when stuff gets out of hand and innocent people suffer? make excuses and form committees.

the private sector is much faster, much more agile and more advanced than government can or ever will be. the primary goal of every successful businessman i have ever met is not profit, it's improving some aspect of people's lives. those care facilities were not started by someone wanting to cash in by neglecting old people. someone who was profit centered got in the way and i bet they found themselves out the door. that doesn't happen with government.








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__________________
"But even when you cease to be slaves, you are yet far removed from being placed on an equality with the white race."

- Abraham Lincoln, President of the United States of America, Hero to the servants of big government, Racist War Monger

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"I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.

have you ever sat down and talked to any millionaires? i thought you said that concrete company owner was a good guy?

of course profit is the icing on the cake, but what inspired them to get involved? how far do you think people can get on nothing but greed? in this world of runaway government/private hybrid corporations the greed can build empires but that wouldn't happen without government props.

speaking of Jesus, you've just given me a new insight. i would argue that government represents the love of money as an institution. what did He say... render unto....? government is the mechanism that men of less character use to live out their lust for money vicariously. think about it, through government the poor seek to steal from the rich... it's all about money in an ADD/tangential way... very cool.






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__________________
"But even when you cease to be slaves, you are yet far removed from being placed on an equality with the white race."

- Abraham Lincoln, President of the United States of America, Hero to the servants of big government, Racist War Monger

__________________
"I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.

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Damned right I'm an equal opportunity offender, I'm a Conservative!

yep, that too.

as bad as it is - these things happen. government or private, there are enough slack ass sorry people in the world to impact decent, good people every day of the week. enveloping institutions to government is not a sure fire way to avoid this stuff. look at Challenger, no private company would have launched on that day...






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__________________
"But even when you cease to be slaves, you are yet far removed from being placed on an equality with the white race."

- Abraham Lincoln, President of the United States of America, Hero to the servants of big government, Racist War Monger

Get used to it VI, It's a comin, And the rich will have to subsidize the poor, Oh woe is me, you are really not a christian like you profess are you VI? I mean helping the poor is very distasteful to you. Your charity meter would explode. Since I've never had an excessive amount of money, maybe I am closer to that poverty line, in point of fact, I am. So it allows me to see clearly how rich assholes horde their money and preach Jesus while acting like the true devils they really are. Hail Jesus, but stay the fuck away from my money. I see a lot of you heathens heading south' into the burning lake of fire~LOL~.

__________________
"I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.