This is an article which would suggest that We add illegal immigrants to Those able to buy health insurance under the Exchange system. This brings on the old question of whether Americans should be asked to pay for health care for everyone. The article says that it would be better. I would opt for a better Plan, thinking that better pressures could be applied. I call for turnstiles to be introduced in all Bars, Restaurants, and Groceries where a Credit-Card style Insurance card had to be swiped, or a $1-3 entrance fee would have to paid to the machine in order to enter. Only Cards of up-to-date insurance would be accepted as payment, and the entirety of the tax would be devoted to payment of the health care Costs of the area in which collected; overages would be sent to a national health account. It is the famous old case of ‘We ain’t asking!’
One finds that derivatives cannot be regulated seemingly, all basically because it allows Gambling to be introduced into Investment decisions. These instruments warp the Market, allowing Investors to hedge against their risks, except the risk coverers themselves are uncovered and open to failure. The markets suffer from a punishing inflation because of the more adventuresome risk-taking, while the repayment system has basically stayed normalized; even in the arena of derivatives, where transactions are simply not cleared. The Profits from derivatives go to pay the Operators of the derivatives, while clearing operations depend totally on future derivative investment without any Margins set-asides. It technically should clear automatically, but the number of uncleared transactions only continue to grow; there is no equality between Buyers and Sellers, all because of market trends. An intelligent person will soon recognize that derivatives cannot clear because they will lay without investment, as the Margin Costs force up the derivative pricing, and astute Investors start to ignore their purchase; it is the same argument utilized by young adults for the non-purchase of health insurance. Only the high-risk investments will be hedged, and they are the most likely to require heavy repayment.
If the previous paragraph has presented some confusion, I will deepen the clouds with this piece. It states that there is basic deception in the creation of all derivatives, as implants of bad risks are always interjected in the construction of such instruments to gain Returns from bad paper, and average out the Risk higher than normally expected from safe paper; they want the high risk to entice good paper for the construction. At no time is there an understandable methodology for handling risk-failure, which will be intrinsic with the averaging process. It was only a wonder that the derivatives lasted as long as they did without substantive failure. Congress now wants business as usual, without regulation of derivatives in any realistic manner. lgl