Democratic Congressman Describes Republican Health Care Plan: "Die Quickly"

[scandal 951]

You violate the TOS by hitting people on the head with hammers.

These hammers are Ewok-approved.

Is this where I call for my whhhhhaaaaaaamulance?

[Joseph & Ana 0]

You violate the TOS by hitting people on the head with hammers.

These hammers are Ewok-approved.

Is this where I call for my whhhhhaaaaaaamulance?

No this is where you call for backup.

[Mr. Big Dog 10,747]

Flood insurance and health insurance are 2 very different things. And it isn't the have's paying for the have nots. You're being disingenuous equating the 2. Whether it be on a state or federal level.

Flood insurance and health insurance aren't one and the same? You don't say. Did you figure that out all by yourself? Way to go, man!

Keep trying and keep reading. Nobody - other than you - has been trying to equate the two. They have something in common however - risks that the private market cannot, or will not, effectively insure. That's where the public option comes in and where it apprently makes sense to most. At least where property is concerned.

No, it isn't the have's paying for the have not's - it's actually more the other way around. Here in FL, as a state resident I am burdened with the risk of those that chose to live near the coastline and have their property insured with the state's public option as well as the risk of those that live anywhere in the US that benefit from the NFIP. That's on top of my personal burden to insure my private property via private insurance. And even those that don't own any real estate are burdened with the risk of those that do and utilize either or both of these public insurance options (this is where the have not's pay for the have's).

You can wiggle all you want, the evidence that public options work is out there. And sooner rather than later, there will be a public option in health insurance as well. The backwards crowd is thinning and America wants freedom and choice.

[mawilson 2,133]

I point this out because it's quite likely a VJ TOS violation to discuss and recommend an online service that is illegal for US residents.

oh stfu :bonk: :bonk: :bonk:

First, it's trading, not gambling.

Second, I couldn't care less about the Federal gambling laws - or Federal anything

laws for that matter. The Feds can #### off and die for all I care - I want them out

of my life.

That said, Barney Frank has introduced legislation to regulate and tax the internet

gambling industry in the US, so gambling won't be illegal for long.

[scandal 951]

First, it's trading, not gambling.

In so far as I can tell, the main difference seems to be only whether the underlying instrument can somehow be conceived of as a product that has inherent financial worth, or operational business benefit. If you're taking a directional stance in any market, you are fundamentally gambling (to be distinguished from, say, a market-maker who is just earning the spread).

Futures and options on carbon emissions - legally traded on CCX, even though an "emission credit" is simply a voluntary participation by a firm that is willing to limit it's carbon output.

Futures and options on the S&P500 (or other index) - legally traded on CME, even though the index itself is just a number, not a security, not a share in a member of the index.

Why are these legal and intrade products not? Because you can hedge a stock position with index futures, and you can argue that trading RGGI contracts helps a firm in its quest to 'go green'. The speculators in those markets add liquidity and price discovery and so are tolerated in the quest for a more efficient market.

But there's no business benefit to trading on intrade products, nobody hedges with them, there are only speculators. Hence it's gambling.

[I AM NOT THAT GUY 5,715]

[trailmix 77]

No they like it here but want their Socialism also to be brought here. they are used to the government doing for them what they are supposed to be doing themselves as we believe in. If they could have their Socialism and live here then they are happy but other than that they are the biggest whiners there are.

Who are 'they'? I guess that's me because I believe in Universal Health Care. What you fail to understand is that no one is doing that 'for me'. I pay taxes, my family pays taxes, we all contribute for the common good.

[I AM NOT THAT GUY 5,715]

No they like it here but want their Socialism also to be brought here. they are used to the government doing for them what they are supposed to be doing themselves as we believe in. If they could have their Socialism and live here then they are happy but other than that they are the biggest whiners there are.

Who are 'they'? I guess that's me because I believe in Universal Health Care. What you fail to understand is that no one is doing that 'for me'. I pay taxes, my family pays taxes, we all contribute for the common good.

"From each according to his ablility, to each according to his need."

Edited October 3, 2009 by Lone Ranger

[mawilson 2,133]

Why are these legal and intrade products not? Because you can hedge a stock position with index futures, and you can argue that trading RGGI contracts helps a firm in its quest to 'go green'. The speculators in those markets add liquidity and price discovery and so are tolerated in the quest for a more efficient market.

But there's no business benefit to trading on intrade products, nobody hedges with them, there are only speculators. Hence it's gambling.

You could hedge with Intrade - they have a lot of financial contracts.

For example,

• 2009 Year End Dow Jones Industrial Average
• October 2009 Dow Close
• How far will the Dow fall before the end of 2009?
• How far will the Dow fall before the end of 2010?

Anyway, like I said, I'm sick and tired of the Republican-Democrat Corporate Regime

telling me what I can and cannot do with my own money.

[britty 1]

Why are these legal and intrade products not? Because you can hedge a stock position with index futures, and you can argue that trading RGGI contracts helps a firm in its quest to 'go green'. The speculators in those markets add liquidity and price discovery and so are tolerated in the quest for a more efficient market.

But there's no business benefit to trading on intrade products, nobody hedges with them, there are only speculators. Hence it's gambling.

You could hedge with Intrade - they have a lot of financial contracts.

For example,

• 2009 Year End Dow Jones Industrial Average
• October 2009 Dow Close
• How far will the Dow fall before the end of 2009?
• How far will the Dow fall before the end of 2010?

Anyway, like I said, I'm sick and tired of the Republican-Democrat Corporate Regime

telling me what I can and cannot do with my own money.

word

[mawilson 2,133]

Futures and options on the S&P500 (or other index) - legally traded on CME, even though the index itself is just a number, not a security, not a share in a member of the index.

What about futures and options on the VIX (volatility index)? What "inherent financial worth" does VIX have?