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If Supreme Court Overturns ACA Subsidies, What Kind of America Shall We Be?

The US is the only developed nation that doesn’t provide universal health care to its citizens. The ACA was a step in the wrong direction, enforcing the current medical syndicate skim of the US economy that nearly doubles the cost of medical services in the US versus other nations. The immorality and costly inefficiency of US policy is clear.

The immorality of those who oppose universal medical care, limiting it only to those who can afford it, is even clearer. It is class sociopathy at its worst.

Near elderly, middle income couples in their sixties who do not yet qualify for Medicare, currently receive subsidies of up to $8000 per year. Requiring them to pay back those subsidies would be devastating. Even worse, those receiving care for life threatening illness could be given death sentences if ACA subsidies are struck down.

This is a question of what kind of society you want–dog eat dog, every man for himself chaos, where only the fittest survive, or something more. We have a choice as a people. What do we want to be?

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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