Intention is good, but it is doubtful whether the insured will really reap the benefits is a moot question.In India, there is a system where employers go in for insurance schemes for their employees with private companies.The process looks very simple, but the companies wiggle out of commitment quoting some clause or other.If service is bad in a private sector, I am afraid, it shall be worse in a cooperative system.Cooperative systems are found to be fount of corruption in India.
There is also no guarantee that the Insurance giants shall not gain entry through back door,which is exactly the insurance companies
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Category: US
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On Health Care-US
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Protectionism
What is the alternative?Let us look so called World leadership in Economy.Where has it landed?-in depression,as is being witnessed today.We know that allowing foreign imports on a grand scale may not be the sole reason for present economic chaos,but it is one of the major causes for it.If a Nation allows foreign products to swamp the market local industry will suffer,especially it is difficult to compete with China and Hong Kong products.As it is China investing in US bonds is cause for worry as it is likely to pave the way China taking control economically.Let there be Trade war.It is a double edged sword.
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On Stimulating Economy
The suggestion assumes that corporates were under-hired, which is not true.Secondly to avail the tax benefits- What is to prevent the corporates to fire the existing employees and hire new ones?
Creating consumers in general terms is not the solution.It is not what you spend but what you spend for that fuels economic recovery.If consumers for non essential items are created, situation shall worsen.If you create consumers for infra structure( results will take some time in coming) then you are on a safe wicket.
Merely increasing jobs for the sake of creating consumers shall result in negative growth of the corporate sector.Best way is to explore new areas of investment in goods and services and effect a cut in imports. -
Corporations vs Freedom of Speech
Corporations, as per Company Law, by Definition, are impersonal entities and have only limited liabilities.They do not have Freedom of Speech and Expression as applicable to individuals.Again corporations are formed to conduct business and not indulge in propagation of its views, in which case they become political.Views of those employed by them are covered under freedom of expression individually,but not collectively as a corporation.
The business of corporation is Business and business only.
http://community.nytimes.com/comments/www.nytimes.com/2009/09/22/opinion/22tue1.html#bozoanchor
http://community.nytimes.com/comments/www.nytimes.com/2009/09/22/opinion/22tue1.html#bozoanchor
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US- Israel’s Proxy.
Israel has won again.US seems to be run by Israel by proxy.Unless the freeze is effected, there is no sense of justice to Palestinians.At this rate Israel, may, over a period of time, have settlements all over Palestine and US will be a mute spectator.Why this pretense of negotiating?
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