just an idea...

Mar 02, 2009 15:22

Cedars-Sinai hospital is one of the 20 largest hospitals in the US. With 950 beds and around 290,000 inpatient days, they post about $6.5 Billion per year in operating expenses. That would mean that without a single penny of incoming revenue, the government could fund one hospital the size of Cedars-Sinai in each state to provide 100% free ( Read more... )

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joedaman612 March 3 2009, 00:20:49 UTC
yeah, i think at this point anything definitive would boost the market at least. everyone has lost confidence in our financial system, so if they would come out and say "we are NOT going to nationalize these banks and we are NOT going to let them fail" then people would stop shorting everything and we could start to turn things around.

instead they say "we'll throw X dollars at the housing problem in some ambiguous way and we'll throw Y dollars at the financial system in some ambiguous way...possibly nationalization." all the while unemployment is still rising and execs are still making ridiculous salaries for poor performance and the money we're giving can't be accounted for. "oh and by the way, we're increasing government spending to a ridiculous level as well"

a little clarity would go a LONG way right now.

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joedaman612 March 3 2009, 01:21:25 UTC
sweet! now give me a job

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