The Mudcat Café TM
Thread #147284   Message #3412360
Posted By: Songwronger
30-Sep-12 - 10:04 PM
Thread Name: BS: NY Times - 'We need death panels'
Subject: BS: NY Times - 'We need death panels'
BEYOND OBAMACARE
By Steven Rattner
Published: September 16, 2012 (New York Times)

We need death panels. Well, maybe not death panels, exactly, but unless we start allocating health care resources more prudently — rationing, by its proper name — the exploding cost of Medicare will swamp the federal budget....

http://www.nytimes.com/2012/09/17/opinion/health-care-reform-beyond-obamacare.html?_r=0

About the writer, from Wikipedia:

Steven Lawrence Rattner (born July 5, 1952) is an American financier who served as the lead auto advisor (informally the "car czar") in the United States Treasury Department under President Barack Obama. He was previously a co-founding principal of the Quadrangle Group, a global private equity firm specializing in the media and communications industries. He also spent two decades as an investment banker at Lehman Brothers, Morgan Stanley, and Lazard Freres & Co., where he became Deputy Chairman and Deputy Chief Executive Officer....

In 2009, Quadrangle and a dozen other investment firms, including the much larger Carlyle Group, were investigated by the U.S. Securities and Exchange Commission for the payments to Morris. The SEC viewed the payments as "kickbacks" in order to manage money for the New York State Common Retirement Fund... Quadrangle paid $7 million in April 2010 to settle the SEC investigation. In November, Rattner personally settled for $6.2 million without admitting or denying any wrongdoing.

The case drew significant media attention when Andrew Cuomo, then New York's Attorney General, demanded more severe penalties from Rattner than other firms or individuals involved in the alleged corruption.... On December 30, 2010, Rattner reached a settlement to pay $10 million in restitution but no fines or penalties. He was also not prohibited from continuing to protest his innocence.

Rattner is married to Maureen White, who served for five years as finance chair for the Democratic National Committee and is now the Senior Advisor on Humanitarian Issues to the Special Representative-Afghanistan and Pakistan for the U.S. Department of State....

http://en.wikipedia.org/wiki/Steven_Rattner

So, one of Obama's guys just opened an article in the NY Times with, "We need death panels." Amazing. If Obama gets re-elected, he'll finish turning America's healthcare over to the insurance and pharmaceutical companies.