Showing posts with label Massachusetts. Show all posts
Showing posts with label Massachusetts. Show all posts

Tuesday, August 5, 2014

An Open Letter to the Market Basket Empoyees on Strike.

To The Market Basket Workers:

For too long the American worker has been enslaved to the wealth of others. The unbridled greed and indifference to humanity of a microscopically small minority has forced billions of people world wide into desperate conditions of wage slavery, and they are doing the same thing in the United States. The high standard of living that we as Americans once enjoyed has been under concerted attack for the past forty years by an unscrupulous tyranny. Without reaping the benefits of the profit motive the worker's time and labor is ground into the dust by the jackboot of cutting costs.

Tuesday, June 11, 2013

The (Un-)Affordable Care Act and The Commonwealth of Massachusetts


By Gene Ogorodov

In the beginning of May Gov. Deval Patrick signed legislation that would bring Mass Care into accordance with the Federal Government's Affordable Care Act. This will fundamentally change Mass Care making insurance more expensive for residents of Massachusetts and increasing the tax burden required to fund the plan. With a vote and the stroke of a pen the Governor and the General Court have set in motion the forces that will transfer hundreds of thousands of recipients of subsidized health care into the outstretched arms of insurance companies along with our public coffers too.

The math that demonstrates the fiscal irresponsibility of subsidizing insurance companies rather than patients should be obvious to anyone that has ever opened an economics book. The movement of money to commodity to money (M—C—M') requires the second amount of money to be greater than the first, viz. (M'>M). If M'M there is no intrinsic motivation for the movement of goods or services, which in this case is Health Care. The magic little number (M'-M) which is the catalyst for transferring health care from health care providers to patients via insurance companies is called profit.