mo money, mo problems

A risky health idea proposed by Obama could mean better care and savings all around, or just stick medical providers with additional costs if the experiment fails. I agree with Linda Fishman, a policy expert for the American Hospital Association, who gives credit to the administration for trying to accommodate a broad range of providers.

The $960 million that Medicare could save is nothing compared to the $550 billion per year spent on health care, but hey, $960 million is a hell of a lot. This plan which involves accountable care organizations, which are networks of hospitals, doctors, rehabilitation centers and other providers, calls them to work together to eliminate wasteful expenses.

I really do applaud the Obama administration in its effort to decrease the amount spent on health care, and to make an effort to save money for those insured. Although coordination between different providers and the possibility of hospital and doctor networks attempting to fix prices are some serious issues, it's possible to keep that in check and make a positive change.

Obama health idea could mean better care, savings By Ricardo Alonso-Zaldivar

blatant corruption

In an article written by Pat Garofalo, titled "Subprime Schools Throw Fundraiser For Rep. Kline After He Blocks Funding For Proposed Regulation," it's been documented that for-profit colleges have taken a huge advantage of the system. Making the majority of their revenue from the federal government, they use all of their money to fatten the wallets of the CEOs owning the company, while leaving their students with crippling debt.

Garofalo pulls credibility from sources such as NewAmerica.net, a nonprofit institute dedicated to addressing the problems of the next generation of challenges facing the United States. Simply addressed to all those with open ears, "The Political Action Committee connected to the group formerly known as the Career College Association hosted a dinner reception for Rep. John Kline."

Claiming blatant abuse of the system, the author backs himself up with articles about the matter of for-profit schools leaving their once proud students with terrible debt, while not only making 90 percent of their revenue from federal government, but having the balls to post profit margins of only a mere 30 percent. Then they go ahead and double-whammy it with bleak job prospects, Garofalo makes a logically sound article with the resources to back it up.

I like his approach, and actually hope I can take some experience out analyzing his blog. These CEOs are stuffing their own wallets and leaving their students in a horrible situation. It’s a ridiculously unfair thing to do and that’s when I hope karma comes back around sometime soon.