Greece Told Privatization of Health Care Essential in Financial Reform – Updated

Oh, the irony. The New York Times reported this last week. Part of the reform package for Greece is getting the government out of business, including the business of health care.

Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.

I heard that President Obama praised the Greek rescue efforts, so does that mean he endorses ending government health care?It’s also ironic that they’re advocating getting the government out of the energy sector while our government is trying to take it over. And of course, the Greeks will be hit with big tax hikes. It kind of sounds like our future.

See Ace of Spades HQ and Hot Air for more on this subject.

Also, it looks like the US will be on the hook for more than we thought with this bailout. I’ll have more on that later.

Via memeorandum

Update: The Federal Reserve is backing the billion dollar Greece bailout. What could go wrong?

AP: The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.

Other central banks, including the Bank of Canada, the Bank of England, the European Central Bank, the Swiss National Bank and the Bank of Japan also are involved in the dollar swap effort.

I guess the Fed’s cranking up the printing presses again. This makes me nervous. Judge Andrew Napolitano talked to Ron Paul today about this on Freedom Watch. I don’t agree with everything Ron Paul says, but on this I have to agree that someone should take a look at the Fed’s books. How do we know these dollar swap deals are going to protect our interests? How much of our money is at stake?

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6 Responses to Greece Told Privatization of Health Care Essential in Financial Reform – Updated

  1. Zorro on May 10, 2010 at 8:09 pm

    Now everybody in the world, except theUSA, is waking up to the fact that gov’t doesn’t belong in the health care, or any other business.

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  2. [...] that President Obama’s first major achievement was Obamacare. In May, Greece was ordered to privatize their healthcare system. This month it was reported that England was going to overhaul their healthcare system. England was [...]

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  3. [...] that President Obama’s first major achievement was ObamaCare. In May, Greece was ordered to privatize its health care system. This month, it was reported that England was going to overhaul their health care system. England [...]

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  4. [...] that President Obama’s first major achievement was ObamaCare. In May, Greece was ordered to privatize its health care system. This month, it was reported that England was going to overhaul their health care system. England [...]

    Like or Dislike: Thumb up 0 Thumb down 0

  5. [...] that President Obama’s first major achievement was ObamaCare. In May, Greece was ordered to privatize its health care system. This month, it was reported that England was going to overhaul their health care system. England [...]

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  6. Socialism VS. Reality | Blue Collar Rants on August 10, 2010 at 12:15 am

    [...] that President Obama’s first major achievement was Obamacare. In May, Greece was ordered to privatize their healthcare system. This month it was reported that England was going to overhaul their healthcare system. England was [...]

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