Saturday, February 2, 2008

Corporate Greed

We have all heard the evils of fast food restaurant chains, oppressive automobile companies, and trust-like corporations such as Wal-Mart and Microsoft, however, none of these companies capitalize on the well being of average individuals in the same way this particular industry does. Some people are expecting a dissent on Big Tobbacco, others on oil companies, but this industry, my friends, is truly a corporate monster. The health insurance industry is abusing the people of this nation. According to the World Health Organization "The U. S. health system spends a higher portion of its gross domestic product than any other country but ranks 37 out of 191 countries according to its performance."  (, 2/2/08) At the same time however, Bill McGuire, the CEO of United Health group was granted $1.6 billion in stock options at the end of 2005. (SEC Investigates UnitedHealth Over Stock-Options Practices," Bloomberg News, December 27, 2006; Michael Regan, "Business 2006: Who Won, Who Lost," Associated Press,December 26, 2006.) This practice, under any circumstance, is wrong. Everyday, people are denied care for life-threatening diseases by the health insurance companies they pay for a false sense of security. Profiting off of the denial of medical treatment of people is wrong on every level. This problem must be addressed. The people of the United States must utilize their political efficacy to overcome the power healthcare lobbyists have over our congressional representatives. We must find a solution, be it universal health care, nationalized health insurance, or strict regulations over the practices of health insurance companies. 

2 Comments:

At February 5, 2008 at 2:40 PM , Blogger Isaac said...

Dude, you forgot my favorite company to rail against: McDonald's. I used to be a huge fan of McDonald's, but since I saw the documentary super size me, I notice that a lot of the things the guy in the video was saying, were true.
It has been said, since MD almost always finds a way to discredit the source, that MD food will increase not only you weight, but also your likelyhood of getting a stroke or a heart attack, not to forget the anxiety that eating its found creates (as in feeling nervous out of the blue).
That is why, I go to Wendy's now which is better (!!!???!!!)

 
At February 6, 2008 at 10:54 PM , Blogger Oscar said...

Setting aside where America eats for lunch and back to the subject of the post, many Americans don't have genuine political efficacy. The have the watered down stuff that they sell at the corner store. They say that they are American yet they do not act for their own self interests but choose to go with the flow. That is the opposite intent of the Madisonian model for a pluralistic society. Will America act in its own self interest? I guess we'll have to wait and see.

 

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