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has since come to largely embrace “his blue-sky prescription.”64 During his five years at the New York Fed, Geithner presided over “an era of unbridled and ultimately disastrous risktaking by the financial industry,” while wining-anddining with all the titans. So are we surprised that Geithner’s calendars show the top execs of Goldman Sachs, Citigroup, and JP Morgan being the select group he’s always on the phone with? (At least 80 contacts during Geithner’s first seven months.)65 At the treasury, Geithner’s chief of staff is Mark Patterson, who a year earlier was a Goldman Sachs lobbyist fighting against a bill Senator Obama introduced to try and rein in compensation for execs. Patterson is now the main man administering the bailout dough.66 William Dudley, new president of the New York Fed, is another Goldman alum. Is it coincidental that, by being allowed to become a bank holding company, Goldman’s main overseer is now the New York Fed? I doubt they’ll be terribly concerned about things like the $54.7 million Goldman CEO Lloyd Blankenfein took home in compensation in ’07.67 As for the health care debate: Insurance industry lobbyists are opposing reform at a record pace, having spent an astounding $32 million on TV ads as of October.68 Have you ever heard of the MLR? That stands for “Medical Loss Ratio”:“the fancy term used by health insurance companies for their slice, their take-out, their pound of flesh, their gross—very gross—profit. The ‘MLR’ is the difference between what you pay an insurance company and what that insurer pays out to doctors, hospitals and pharmacists for your medical care.” The MLR is about to top a quarter trillion dollars a year. AIG has “kicked up their Loss Ratio by nearly 500 percent.”69 Are we that selfish a nation where health care can be such a divisive issue? Where is mainstream America today? To me, the doctor issue is a human right. I don’t care if you’re an illegal alien or whatever, if you’re sick you should be able to have treatment. It amazes me that we’ve got people out there holding signs and making our president look like a Nazi, because he supports a change in the system. Here’s another point: If government-run health care is so bad, does that mean we’ve been screwing over our veterans for close to a hundred years? My father would go nowhere else but to the Veterans Administration hospital. The one here in Minneapolis is state-of-the-art, brand-new, and completely government-run, and I don’t see anyone protesting about that! If it’s good enough for the veterans, shouldn’t it be the same for all of us? As I write this, unemployment stands at ten percent of our work force,

Profile for HAROLD ARROYO, JR.

AMERICAN CONSPIRACIES, LIES AND DECEPTION FROM THE U.S. GOVERNMENT, JESSE VENTURA  

AMERICAN CONSPIRACIES, LIES AND DECEPTION FROM THE U.S. GOVERNMENT, JESSE VENTURA  

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