Saturday, June 13, 2009

 

“Key health care Senators have industry ties” – well, duh

On Friday (and Saturday) of this week (Jun 13, 2009) Associated Press writers Larry Margasak and Sharon Theimer wrote about key Senators who are working on the health care reform issue and their financial ties to the health care industry. Well, duh. Do you really want someone trying to reform a trillion dollar industry that is not heavily invested in the same industry? On a broader scale, do you want anyone handling trillions of your dollars on a daily basis who is not well versed in what it means to be personally diversified?

To quote a May 2001 article from Black Enterprise, “IN TODAY'S AILING MARKET, ONE OF THE BEST WAYS TO PROTECT YOUR FINANCES IS WITH A STRONG DOSE OF HEALTHCARE INVESTMENTS”. While it may be sensationalist to say, “Key health care Senators have industry ties”, it does not do justice to the truth. Our lawmakers are people, too (unbelievably), and while it is our right to hold them up to a higher scrutiny than others, it is not our right to lambast them for being frugal and prudent in their own investments and personal finances.

Come on now, if you had the ways and means, you would have a much-diversified portfolio, right? Of course, you would. These kinds of investments do any number of things from making sure your children, grandchildren are provided for, as well as keeping industry strong, and creating jobs so more Americans can invest in creating jobs.

Larry, Sharon, after looking over your writing, you do not need this type of sensationalist drivel to keep your work published. Keep the first Amendment strong, but do not trivialize it with this type of stuff. Thanks.

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