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To: Grampa Dave

Yes, and then those same business owners who selected lower cost, higher deductible health plans scream about how high their deductibles are.

However, one must also admit that a lack of meaningful consumer price competition in USA healthcare has enabled an often wasteful and inefficient and over-price healthcare delivery “system” to develop and become entrenched. But, that, too, is rooted in governmental intervention for many years, causing great cumulative effect. Distortions caused by a “little” govt intervention often lead to an accelerating cycle of greater distortions followed by greater interventions to “fix” the problems while actually making them worse..., and so on. Sooner or later it breaks down unless it can be overhauled.


37 posted on 05/25/2013 9:34:44 AM PDT by JustTheTruth
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To: JustTheTruth; stephenjohnbanker

“governmental intervention” is the great cost increaser and inhibitor for any business.

We are in the midst of refing our mortgage. We have been with the same bank for 20 years. We have a checking acct, two saving accts, a line of credit, a debit card, safety deposit box and other stuff with them.

Our credit ratings are over 800, and the bank gets direct deposits from our IRAS, SS, my pension and other income generating sources. So the bank knows exactly how much per month net income we have each month and will have.

We have lived in the same home since the 1970’s and the Zillow appraisal shows our home and neighbors’s homes to be valued above the great Pelosi/Reid/Barney lite in the loafers housing crash.

In spite of our documented stability and great credit rating, since, we are considered evil white people by the current administration, we have to have a ton of stuff besides the obvious hard data above for our approval.

The lady in charge of our loan process, said the cause is the raft of people they had to hire to meet fed/state regulations working out of some isolated office, who make everything a hassle. She said 8 years ago, we would have been approved in a couple of days with a drive by appraisal.


43 posted on 05/25/2013 9:52:16 AM PDT by Grampa Dave ('How empty and dead' were they to let Chris Stevens, one of them , die for 'Obama-Clinton fiction?')
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