Tag Archives: Industry

Obamacare cancels development on 60 new hospitals

Story here from CNS News. (H/T ECM)

Excerpt:

Physician-owned hospitals are advertised as less bureaucratic and more focused on doctor-patient decision making. However, larger corporate hospitals say doctor-owned facilities discriminate in favor of high-income patients and refer business to themselves.

The new health care rules single out such hospitals, making new physician-owned projects ineligible to receive payments for Medicare and Medicaid patients.

Existing doctor-owned hospitals will be grandfathered in to get government funds for patients but must seek permission from the Department of Health and Human Services to expand.

[…]More than 60 doctor-owned hospitals across the country that were in the development stage will be canceled, said Molly Sandvig, executive director of Physician Hospitals of America (PHA).

“That’s a lot of access to communities that will be denied,” Sandvig told CNSNews.com. “The existing hospitals are greatly affected. They can’t grow. They can’t add beds. They can’t add rooms. Basically, it stifles their ability to change and meet market needs. This is really an unfortunate thing as well, because we are talking about some of the best hospitals in the country.”

The thing about communism that you need to understand is that it has to kill small business, so that individual consumers have no choice between producers.

A centralized government is much more capable of controlling the operations of a few large conformist oxen than a massive herd of independent cats. That’s why I think there is a lot of hostility to small business in Obama’s economic policies.  In particular, the health care mandates are designed to destroy small businesses, while the massive bailouts are designed to nationalize large companies. It’s straight out of the communist playbook.

India rejects global warming alarmism

Story from FT.com. (H/T Babalu Blog via ECM)

Excerpt:

A split between rich and poor nations in the run-up to climate-change talks widened on Thursday.

India rejected key scientific findings on global warming, while the European Union called for more action by developing states on greenhouse gas emissions.

Jairam Ramesh, the Indian environment minister, accused the developed world of needlessly raising alarm over melting Himalayan glaciers.

He dismissed scientists’ predictions that Himalayan glaciers might disappear within 40 years as a result of global warming.

“We have to get out of the preconceived notion, which is based on western media, and invest our scientific research and other capacities to study Himalayan atmosphere,” he said.

“Science has its limitation. You cannot substitute the knowledge that has been gained by the people living in cold deserts through everyday experience.”

Methinks it’s time to review my investment portfolio.