https://www.cato.org/policy-report/july/august-1995/success-chiles-privatized-social-security
The Success of Chile’s Privatized Social Security
JULY/AUGUST 1995 • POLICY REPORT By José Piñera
https://www.cato.org/policy-report/july/august-1995/success-chiles-privatized-social-securityChileans must still save for retirement but manage their money in a variety of investment choices, especially annuities.
This way, Chili's money is not fettered away instantly by Congress and FICA revenue mixed in with general tax revenue and spent instantly. Chili's citizens own their retirement account in their own name and bank. Contrary, our SS system and Medicare are giant Ponzi schemes, copied by Bernie Madoff on Wall Street who went to prison for such a swindle. We are bankrupt morally and financially. Chili is successful. Why don't we learn from our smart Latino neighbor?
As for Medicare, PRIVATIZE the entire thing. It usurps half of our tax revenue's budget. Open up interstate commerce and let the consumer shop across all 50 state lines for a portable insurance policy and doctors that meets his personal needs, just like we shop for cheap auto insurance and drive all over the country.
Start by overturning the 1945 McCarren-Ferguson Act that placed health insurance under the Interstate Commerce Clause granting federal and state regulation quarantining consumers state by state. The politicians reap huge campaign contributions in exchange for regulating health insurance policies artificially wide and high in cost. Where is the competition to drive down cost and improve quality?
The consumer must control his own healthcare and his own insurance policy or HSA.
Trump insists there is enough oil and gas under our feet to keep us energy independent and fund our Entitlements for the next 200 years. He would know.
The problem is government healthcare is a death warrant. There is no consumer control over cost and quality. When it comes to Obamacare, it's cheaper to kill us than cure us. "Just give grandma the pain pill." Let the Gang of 15 play medical triage for Medicare availability. Dope the belligerents. Legalize marijuana. Braindead drug addicts make good slaves. Keep them on the government plantation.
To quote Senator Barry Goldwater:
"The Government does not belong in the bedroom."
Nor does it belong in the medicine cabinet.
Nor does it belong in the refrigerator.
There comes a time when Big is TOO BIG and inefficient, corrupt and heartless.
. (