"He is a top executive at JPMorgan Chase, where he is paid as much as $5 million a year and supervises the Washington lobbying efforts for the nation’s second largest bank. William M. Daley also serves on the board of directors at Boeing, the giant defense contractor, and Abbott Laboratories, the global drug company, which has billions of dollars at stake in health care reform." New York Times 01/06/11 more
oligopolies (2)
As a nation that was founded by mostly Christians, one of our core principles is that it is a morale obligation of those that have been blessed with superior talents and gifts to help the needy. This includes providing basic health care to those who are in need but not in a position to afford it on their own. Christianity is not the only religion that preaches this belief. One of the basic Pillars of Islam as stated in the Koran is Giving Zakat which means ‘giving a specified percentage on certain properties to certain classes of needy people.
Our core value of helping our neighbor is why we needed to improve our health care system. Now we must decide what is the best way to do it. Another reason is that it is presently inefficient. The government is not protecting the free market to allow it to contribute to the solution..
Lord Acton, the British historian, said in 1887; "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."
