Saturday, December 5, 2009

Greed, Health Care Reform and the American Recovery Act

Middle America needs to get a grasp on corporate greed, and recognize it as the modern day King George. Two of President Obama’s major initiatives, Health Care Reform and the American Recovery and Reinvestment Act will fare much better if the working class skeptics see the role corporate greed plays in both issues.

Right wing media fear mongers have convinced Joe Sixpack and his buddies that their enemy in health care is the public option. They believe it will raise costs and lead to socialism, which will take away all of their money and freedom. They fail to look at the fact that their health care benefits have cost more and provided less at the hands of greedy private monopolistic insurance companies for years. Even with the threat of a public option on the table, the insurers are still unsympathetic to small businesses that would like to but cannot afford to supply their employees with decent health insurance. Greed has prompted insurance companies to favor their own profits over the services they provide to small businesses and consumers.

Similarly, polls indicate that Middle America feels the Recovery Act is failing to produce jobs, that it is costing money for no gain. Yet, there is gain; businesses are doing better. But the businesses are keeping the better for themselves. Despite the recent paths to economic recovery, employers are not willing to hire new employees. Current employees are often working longer for less in order to keep the jobs they have. The gloomy outlook in the job market is a result of reluctant employers rather than a failed stimulus package. Greed once again prompts businesses to favor their own corporate security over the well being of their employees and the people of America.

It is naïve to think we can rely on business to rescue us out of the mess they put us in to begin with. We need tea parties that put blame where blame is due: tea parties aimed at right wing legislators and their business cronies who exert their tyranny against the American public. Tell them we want a public option now, one that will reign in corporate greed in the health insurance industry. Tell them we want sanctions now against businesses and banks that have failed to use Recovery Act money to provide jobs and loans to small businesses. This is our time, our chance to legislate against corporate greed and for some financial fairness in our society. Let’s not lose it.

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