Another nail in the coffin of the American Empire
The Americans have just passed a health bill amounting to US$3 trillion to provide health coverage for the poor Americans. This looks good, generous and a pro people bill. But it does not address the causes of the high medical cost. America is just feeding the greed of the people in the system, from the medical professionals to the insurers and the lawyers. They are the ones who are benefitting extraordinarily from the poorly managed health system that generates billions into their pockets. Unless America stamps the extravagance in medical/legal/insurance cost, it is an exercise in vain. The hole will be bigger and bigger and will drag America into more debt. Now there are two big black holes, the financial system and the health system.