Month: October 2007

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Chrome Wheels and Bagdad

I was listening to an NPR story about payday loan companies outside of Fort Pendleton in California.

There was a big push on to do something about them for various reason, not the least of which is that some of them were charging what was effectively 300% interest per year.

They were interviewing one of the operators of a payday loan operation, and one of his comments was, “Who are they to tell a boy about to go over to Bagdad that he cannot have $1800 wheels on his vehicle?” His comment just blew my mind for some reason.

Having never taken a payday loan, I don’t quite understand the concept.  But if I were to do such a thing it would not be for $1800 chrome wheels.

And if I were charging 300% interest I sure as heck would not use a kid wanting $1800 chrome wheels as justification.

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Health Care Triage

I was passed an email that was basically trashing Hillary and Hillary’s proposed health care plan in particular.   Frankly, I have not studied or read enough about her plan to really comment on it.   And normally, I just let emails like this  pass, but for some reason I felt compelled to respond to that one.   Below is my response:

I’ve been thinking about this a little. One the issues with any health care plan is triage.   Basically, there are limited medical resources to go around no matter what the system.  So the question becomes how do we distribute those limited resources and who makes that decision.

Route 1:
This method would be by finances, which is basically in effect today.  If you got the money, you got the care.  Obviously this favors the wealthy over the poor and increasing the middle class

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