‘Brace’ Yourself: Wall Street Regulation Bill Snares Dentists, Doctors & Patients
by Sen. Jim DeMint (R-SC)The Democrats’ health care takeover didn’t stop with ObamaCare and there are some hurtful provisions in the new financial regulation bill Americans should know about if they have any expensive dental procedures coming up.
For millions of American teenagers braces are an embarrassing rite of passage, and for their parents, a tremendous cost. According to bracesinfo.com, the average prices of straightening a teenager’s teeth is about $5,400. In South Carolina, where themedian family income is approximately $45,000, the cost of braces for one child can total more than 10 percent of a parent’s gross income for the year.
Because braces are so expensive, many families pay for them through an installment agreement with their dentist. This is often a fair and affordable option that allows families to avoid charging the expense on their credit card and paying double-digit interest rates.
But the Democrats in Washington are clamping down on health care payment plans with the banking bill. As the bill is currently written, health care providers, or any other business that allows customers to make payments in more than four installments or assesses any kind of late fees, will be treated under the same terms as AIG, Freddie Mac and Goldman Sachs. A new Consumer Financial Protection Agency, housed in the Federal Reserve, will regulate their transactions and could subject them to further regulatory burden.
The banking regulation bill was supposed to crack down on Wall Street, but it’s just another power grab that’s going to hurt Main Street doctors, dentists and small-town businesses. And, certainly the families who struggle to find ways to pay for their doctor bills.
For many Americans who cannot go without a certain procedure, this bill will simply eliminate an affordable payment option and force those same individuals to put their bills on credit cards with high interest rates.
The banking bill, that runs more than 1,500 pages, is another massive, ill-advised piece of legislation being rushed through by the Democrats that’s full of unhappy surprises for the American people. Democrats have slapped the label of “reform” on this bill, but its contents don’t live up to the label. Punishing dentists and kids who need braces isn’t going to reform Wall Street one bit. In fact, it’s a good reason to oppose this bill.
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Reform Law Will Regulate Hedge Trimmers, Not Hedge Funds – an SPN Headlines exclusive at:
http://spnheadlines.blogspot.com/2010/05/dodd-new...
Keep smiling!
And if there is no credit card??
What form of government do we have? Do you really know?
http://www.youtube.com/watch?v=DioQooFIcgE&fe
Restore the Republic
God Bless America
What form of government do we have? Do you really know?
http://www.youtube.com/watch?v=DioQooFIcgE&fe
Restore the Republic
God Bless America
So tell us freespeech, what is your definition of tyrany? Probably has something to do with George Bush. Right?
They are going to turn us into a cash society. Its ironic because it will be less taxes for them on a lot of things. I am sure there will be doctors out there will to take cash under the table for these type of procedures, and the government will never know. There is always away around these things. So in the words of the Leftist's Savior Obama, "Bring it On".
"One way for the orthodontists to get around this is to change their billing practice……………."
Let me tell you, what this filthy regime's agenda will do is force a black market to flourish across this country. Americans will only suffer so much government control before they simply find a way to get around it. The really dark side of this is that even if we were to elect honorable people into office, it will be next to impossible for most people to ever trust the federal government again. And without a radical shift in the direction of this country, the day will come when all of us are "living in the shadows."
All part of grabbing more power and control over the serfs in this country.
It's the marxist way!
VOTE THEM ALL OUT ASAP OR THROW THEM OUT PHYSICALLY.
Senator DeMint,
So you think it's OK for dentists to be loan sharks? Dentists shouldn't be allowed to charge usurious interests rates anymore than anyone else.
God you people are stupid.
To ANON: For over 20 years, my dentist has accepted installment payments from me on dental procedures for me and my family. I have NEVER been charged a late fee or interest.
You're stupid — I'm a doctor and ones who do this don't charge interest, just happy to help out and get paid something. Obama is a corporate sell out who is stacking the deck and determining who the winners will be.
There's no reason for the financial regulatory bill to include spying on transactions of the little people day to day. You're a sell out of the little people.
You're a complete idiot sucking up to the marxist corporate lies.
.
It's all about spying on the little people and their everyday transactions, large and small. Meanwhile the regulations for the Goldman Sachs are really just more bailouts and corporate welfare for them. This is madness.
The marxist revolution must really be coming to America or they wouldn't be doing this. With the new internet rules, they'll be able to track all our e-communications and banking. With health care they'll be able to access our IRS and other private information. This is madness, where did America go?
.
Our fine feathered federal fixit freaks in congress have just added more drool to their foul stew of government intervention. They were just so sure it was really pixy dust. Better they go home and stop sniveling.
Please tell me how I don't believe in free speech.
"I'm a doctor and ones who do this don't charge interest, just happy to help out and get paid something"
Let me get this straight. You are Senator DeMint are claiming that Doctors can't accept installment payments sans interest?
God you people are stupid.
'…allows customers to make payments in more than four installments or assesses any kind of late fees'
So… 4 installments max before government cracks down… ok. I'll pay each installment in 4 partial payments. LOL.
Or the installments can be one per year with the intent that the patient pays against the installment throughout the year and the doctor/dentist holds the payments until the full amount is paid, then the installment is registered.
Oh yeah… they can't track cash payment either. So there's another loop hole.
The law is so stupid… how can a doctor/dentist prevent a patient from paying in more than 4 installments? They can't!
Yes, everyone who doesn't accept the groupthink is a troll.
Excellent analysis there, Sparky.
Please tell me why you comment here? Is it the jollies you get from playing contrarian?
Shhh…Patti Barry’s minions are watching! LOL!
Well look at the flame throwing doctor.
Let's just say I'm skeptical amigo.
What's up with the politicians posting? Is this going to turn into platform for the republicians???
"For over 20 years, my dentist has accepted installment payments from me on dental procedures for me and my family. I have NEVER been charged a late fee or interest."
And your dentist will be allowed to continue doing the same damn thing you effing retard.
God you people are stupid.
Well look at the flame throwing doctor.
You're one to talk.
…..one who has taken power by his or her own means, huh.
Like ummmm just writing Executive Orders onto existing bills that, uh, make law ideas and plans never even brought before congress, that levy taxes and regulation on citizens with NO DUE PROCESS or legislative process?
Like that?
Or spending money, pledging money, funding foreign powers, foreign gov't or even private foreign companies without due process or congressional oversite? Like that?
Or using regulatory measures to bypass congress and the will of the American people to implement policy, levy taxes, levy fines and penalties dealing with matters of law or policy? Like that, maybe?
"O" for three.
If it walks like a duck………
You're such a fucking asshole.
Make a profile or just keep slinging mud from under the bridge like you always do.
Built into the original charge.
This is just the latest attempt by senate Republicans to protect their friends on Wall Street… pretend it's about dentists! It would be funny if it wasn't so sad.
It's just a matter of time before abortion is part of the financial reform argument.
~snort~
Man, you're dumb.
My kid needs braces (and there's every chance given his father's teeth that mine will someday), and let's say the cost is $6000 (not counting what was added in because of the medical devices tax Obamacare was nice enough to levy). That's more than we make in a month. To have to pay to pay that up front would sevrely damage our ability to meet our other financial obligations. Let's say the dentist currently lets us pay those braces off in a series of payments that we can afford making every month even though they add up to more than $6000 in the end. Which option do you think most people would rather have?
Things like braces are a necessity. My husband's parents never made financial room for him to have them and he faces eventually losing most of the teeth in his head thanks to that if we don't get him braces. I guess you'd rather us revert to being a nation of Brits when it comes to our teeth.
ha ha, yea, everyone who doesn't go down with the libs twisted view on life is a troll –
you make NO sense freespeech, but we hardly expect you to!
Like ummmm just writing Executive Orders onto existing bills that, uh, make law ideas and plans never even brought before congress, that levy taxes and regulation on citizens with NO DUE PROCESS or legislative process?
Like that?
Just like President George W. Bush did.
Or spending money, pledging money, funding foreign powers, foreign gov't or even private foreign companies without due process or congressional oversite? Like that?
Just like President George W. Bush did.
Or using regulatory measures to bypass congress and the will of the American people to implement policy, levy taxes, levy fines and penalties dealing with matters of law or policy? Like that, maybe?
Just like President George W. Bush did.
"O" for three.
"W" for three.
The difference is that I don't believe President George W. Bush was a tyrant and neither is Obama.
Now isn't that a nicer way to conduct a conversation?
My reference to the particular freedoms (smoking, salting, etc) had nothing to do with which jurisdiction was doing the imposing.
The problem I see with people being able to buy salt now and add as much as they want is that busy body types are never happy; soon that option will be regulated out of existence, too.
I happen to think that your suggestions are perfectly reasonable (if I was going to be argumentative I would add that if people aren't financially able to look after their children then they shouldn't have any, lol, but I don't want to open a huge can of worms on that issue).
Regulate, regulate. Never mind who gets caught up and made victims of the unintended consequences, eh?
Regulations for Wall Street may be necessary, but these impact us all, and in negative ways. I thought this was all about Wall Street and not Main Street.
You must already have had your braces and those for your kids taken care of. Who cares about your grandkids, right?
Try that and I'm sending my dog to take a chunk out of some Democrats a**………………………I might have to mark off a spot for the dog though, cause there all a** in Washington
You won't find any personal insults in my posts. But I can see where a racist would internalize my comments and they would sting a bit.
The law of unintended consequences strikes again! Every time you try to enforce fairness for one group, another group pays the price somehow.
Agreed Pedrosito, and while he's at it, can he hack off piggy pelosi's and hill the pill's??!!
Wow….Go down to the local "Check cashing" store to recieve your 300% interest on a payday loan……The loan made to immigrants and poor people….Calling a dentist a loan shark is not even close to reasonable….But keep on spreading manure so we can smell you coming……
FreeSpeech-
The courts are currently deciding on whether many of Obama's policies are Constitutional. He is being sued for funding Sharia Finance via AIG with taxpayer funds, he is being sued by Chrysler and GM franchise dealers who had their dealerships seized. He is being sued for the Obamacare debacle. Clearly he has already stretched his Constitutional authority.
I was responding to the whole "Obama is a tyrant" fallacy that seems to infect the currently loyal opposition.
anon the ultimate Anti-American is not worth a moment's time – he/she/metrosexual is completely and utterly clueless to what reality is! but awfully fun to read how the twisted/brainwashed mind processes information!
so does this mean we aren't having a nice conversation anymore….?
JimMcVeigh-there is absolutely no evidence that Obama had his C's turned into A's given his unwillingness to disclose any of his academic records or medical records or passport information or….
And does Rush Limbaugh has proof that Obama got better grades because of affirmative action?
George W. Bush got into Yale as a "legacy" because he was the son of an alumnus and came from a long line of Yale men, not just his father but his grandfather and uncles.
Now THAT'S affirmative action!
When you make homophobic comments, don't get angry when you are called out.
Oh, c'mon miki. We all know the vast majority of Wall Street campaign contributions go directly to the democrats, mostly in the hope of setting up a fascist partnership between big government and big finance.
Even you know this. But hey, what's wrong with a little bit of fascism, right miki?
He lowered my taxes, made it possible for me to carry a gun in a federal national park, increased resources for our troops in Afghanistan, loosened restrictions on stem cell research, stopped subsidies to private banks…
I'm sure I can come up with more, but those are the ones I remember.
If you can't stand the heat, get out of the kitchen.
Obama has refused to release his transcripts, we will never know his GPA. Just like we will never see his original birth certificate. He an his wife are both products of entitlement and affirmative action. Neither one would have gotten to where they are today on their own merits!
Don't be too proud of this tea-party terror you've constructed. The ability to elect a senator is insignificant next to the power of the general election.
If he lowered your taxes, you don't pay them in the first place. That's you FICA withholding.
Where did he get these delusions from if not from having it drilled into his head that HE is special, when he is about the farthest thing from special (except he was correct to compare himself to a Special Olympian)?
You HAVE to think you're special and be sure of yourself when you want to become President.
And he did get elected, so he's got every right to consider himself bad-ass.
And, finally, the Ivy League schools have little to do with education and everything to do with elitism and access, specifically access to government jobs, government handouts, etc.
IF someone has an Ivy League school name on their diploma, that is reason enough NOT to hire them.
That doesn't make Obama better or worse than the Presidents before him who also attended Ivy League schools.
Doesn't mean he's a product of affirmative action.
Fair enough.
I also disapprove of the screaming, but it's hard to state your opinion when everyone else is shouting at the top of their respective lungs.
This legislation is picking up some real steam in the senate. It is one of the few bills I've seen come out of committee and get stronger, and the amendments are coming from both sides. There are amendments to break up the investment banks that are too big to fail. One reinstates the protections of Glass-Steagall and another invokes the "Volcker Rule".
The law that comes from this is going to be bipartisan and powerful reform. Sometimes the system works.
Progressive group think gave us the bait and switch. MSM did'nt vet this totalitarian socialist. The sheep were for hope and change. Now they are aware.
Defend the undefensable all you want. We all know you free speechers are all about the fairness doctrine.
Our office does Orthodontics and set up payment plans for our patients to help them pay for their child's braces. I nor any of my local colleges charge any interest on these payment plans. A usual payment plan would be $698.00 to start and $162.00 per month for 18 to 24 months depend on difficulty of occlusion.
NO INTEREST AT ALL. No reason to regulate us like Goldman Sachs. We also don't need to be regulated with Federal Red Flag rules. Not in my 27 years of dentistry have I heard of someone fraudulently using a credit card to go to the dentist!!!! Just needless regulations that take staff time and money to regulate and in the end cost the patient. Foolish.
"Before we all started having health care, in the olden days our grandparents, they would bring a chicken to the doctor. They would say I'll paint your house.” — U.S. Senate candidate Sue Lowden (R)
Breitbart is a Republican shill?
That's unpossible!
(With apologies to Ralph Wiggum)
Or he'll win the next election. Either way, he's still not a tyrant.
I have to assume you are young enough to recover after your plan results in the collapse of the economy and financial markets. Because just like the Great Depression, it would take at least 10 years before the middle class could even begin to start planning for the future again.
I think you have not thought this plan all the way through.
"Now get going on that Ned Beatty imitation. You’ll need it in November."
Could you please elaborate, since I got really get that reference.
It is every business that interacts financially with anyone. An IT Specialist clued me into the fact that these new tracking softwares mandated by the government are "sniffers" and send the information to a government clearing-house. Most times it is written into the software and runs in stealth mode and the owners and customers are clueless that the government is collecteing all their information.
Okie dokie then!
if two guys do the same stupid thing that everyone hates it must be A ok!
Glad that's settled.
So fix the bill dummies! Goldman Sachs needs regulation – dentists don"t. How hard can it be?
It's a rare moment when I can say I agree with you, but I agree with you. Wall Street has been able to purchase far too much influence in Washington, on both sides of the aisle.
Where our views diverge is not that Wall Street needs to be regulated, but how any proposed regulations affect Wall Street (investment class) and Main Street (commercial class). You say that Wall Street hasn't benefitted from democrat "reforms," but you are wrong. Consider this:
"As Treasury Secretary in 1999 Larry Summers played a decisive role in pushing through the repeal of the Glass Steagall Act of 1933 that was instituted to guard against just the kind of banking abuses taxpayers now are having to bail out. Not only Glass-Steagall repeal. In 2000 Summers backed the Commodity Futures Modernization Act that incredibly mandated that financial derivatives, including in energy, could be traded between financial institutions completely without government oversight, ‘Over-the-Counter’ as in where the taxpayer is now being dragged. Credit default Swaps, at the center of the current storm, would not have been possible without Larry Summers and the Commodity Modernization Act of 2000. He is now the White House Economic Council chairman, mandated to find a solution to the crisis he helped make along with Tim Geithner, his friend who is Treasury chief."
—–F. William Engdahl http://www.financialsense.com/editorials/engdahl/...
The problem I have with allowing this set of democrats to enact new, comprehensive regulations to control Wall Street, is because they are the same democrats that deregulated the separation of the risky investment market from the commercial banking industry.
That's why any regulation imposed on Wall Street will by definition strangle the activities on Main Street.
If democrats want to pass any regulations on the investment market, they should FIRST reinstate the Glass-Steagal standard in order to protect the free market in commercial banking. I would also welcome a new Pecora commission to investigate the abuses that led to the meltdown.
It's a rare moment when I can say I agree with you, but I agree with you. Wall Street has been able to purchase far too much influence in Washington, on both sides of the aisle.
Where our views diverge is not that Wall Street needs to be regulated, but how any proposed regulations affect Wall Street (investment class) and Main Street (commercial class). You say that Wall Street hasn't benefitted from democrat "reforms," but you are wrong. Consider this:
"As Treasury Secretary in 1999 Larry Summers played a decisive role in pushing through the repeal of the Glass Steagall Act of 1933 that was instituted to guard against just the kind of banking abuses taxpayers now are having to bail out. Not only Glass-Steagall repeal. In 2000 Summers backed the Commodity Futures Modernization Act that incredibly mandated that financial derivatives, including in energy, could be traded between financial institutions completely without government oversight, ‘Over-the-Counter’ as in where the taxpayer is now being dragged. Credit default Swaps, at the center of the current storm, would not have been possible without Larry Summers and the Commodity Modernization Act of 2000. He is now the White House Economic Council chairman, mandated to find a solution to the crisis he helped make along with Tim Geithner, his friend who is Treasury chief."
—–F. William Engdahl http://www.financialsense.com/editorials/engdahl/...
The problem I have with allowing this set of democrats to enact new, comprehensive regulations to control Wall Street, is because they are the same democrats that deregulated the separation of the risky investment market from the commercial banking industry.
That's why any regulation imposed on Wall Street will by definition strangle the activities on Main Street.
If democrats want to pass any regulations on the investment market, they should FIRST reinstate the Glass-Steagal standard in order to protect the free market in commercial banking. I would also welcome a new Pecora commission to investigate the abuses that led to the meltdown.
It's a rare moment when I can say I agree with you, but I agree with you. Wall Street has been able to purchase far too much influence in Washington, on both sides of the aisle.
Where our views diverge is not that Wall Street needs to be regulated, but how any proposed regulations affect Wall Street (investment class) and Main Street (commercial class). You say that Wall Street hasn't benefitted from democrat "reforms," but you are wrong. Consider this:
"As Treasury Secretary in 1999 Larry Summers played a decisive role in pushing through the repeal of the Glass Steagall Act of 1933 that was instituted to guard against just the kind of banking abuses taxpayers now are having to bail out. Not only Glass-Steagall repeal. In 2000 Summers backed the Commodity Futures Modernization Act that incredibly mandated that financial derivatives, including in energy, could be traded between financial institutions completely without government oversight, ‘Over-the-Counter’ as in where the taxpayer is now being dragged. Credit default Swaps, at the center of the current storm, would not have been possible without Larry Summers and the Commodity Modernization Act of 2000. He is now the White House Economic Council chairman, mandated to find a solution to the crisis he helped make along with Tim Geithner, his friend who is Treasury chief."
—–F. William Engdahl http://www.financialsense.com/editorials/engdahl/...
The problem I have with allowing this set of democrats to enact new, comprehensive regulations to control Wall Street, is because they are the same democrats that deregulated the separation of the risky investment market from the commercial banking industry.
That's why any regulation imposed on Wall Street will by definition strangle the activities on Main Street.
If democrats want to pass any regulations on the investment market, they should FIRST reinstate the Glass-Steagal standard in order to protect the free market in commercial banking. I would also welcome a new Pecora commission to investigate the abuses that led to the meltdown.
No, but that doesn't make them tyrants.
The reason your post caught my eye is I remember the senate voting down a Republican amendment which would have done exactly what you have suggested here. When you google it now, all you come up with is blogs… and even they are using words like "theoretically". It really doesn't matter which news site you choose, just one that has a reputation to protect, and makes an effort to separate opinion from news, which they all do in some form or another.
If what you said had been true it would have been huge news. So trust but verify.
DeMint is lying to you to make this issue about big government and not about reforming the banking system which nearly destroyed our economy two years ago. He is counting on people to believe him and oppose reform. It is a scare tactic that has worked in the past but will not work this time. The only real question is will the big investment banks be taken apart or left to wreak havoc on our financial markets in five or ten years from now.
[...] Sen. Jim Demint via Big Government: For millions of American teenagers braces are an embarrassing rite of passage, and for their [...]
Don't blame the people, blame the Republican party for dusting off Methuselah McCain and hoping that nobody would notice what a worthless candidate he was.
It's available, take a look around.
That's terrific. But do you understand that unless there is a firewall built between investment and commercial banking FIRST, then any regulation imposed on the investment class will in fact disproportionately affect the smallest players in the commercial markets?
I suggest resistance to reinstating Glass-Steagal FIRST is coming directly from those who want to use "Wall Street" regulations as a means of imposing back door regulations on the entire free market, and that will ultimately enrich the very same investment class they give the APPEARANCE of demonizing.
This is what happens when dems are in power. Foru of my five children had to have braces. One of them because of a small mouth with large teeth coming in began orthodontics at eight and finished at 14–we spent about $10,000 on him. No way could we have afforded any of them, especially him, if we couldn't have financed through our orthodontist. Thanks a lot Dodd and Obama. I didn't vote for either one of you idiots, but this is not the hope and change I was expecting. Instead you're giving us change, despair and poverty.
Forget trying to reason with this guy/girl. They are getting their responses from the "progressive talking points manual ver.10.1". This is just a forum for them to practice their snappy comebacks. Whats next? "I know I am but what are you"?
Stan, is that you?
This is not about demonizing a class of people. The legislation does have a populist tone to it, but it addresses the problem of systemic risk and proper banking standards. I don't think people will see it as a class war if it attracts some bipartisan support.
The affects of reform are going be felt in everything we do. I hope that when investment banks can no longer make multi $ trillion markets with unregulated synthetic debt securities they will turn their energy back to making real stuff.
[...] just got through reading an interesting post on BigGovernment.com from my Senator, Jim DeMint, warning us of the latest power grab from [...]
Words have meaning, and the definition of "tyrant" fits neither Bush or Obama. In fact, it fits no president in the history of the republic. You have confused losing an election with tyranny.
But it's not just you.
Words have meaning, and the definition of "tyrant" fits neither Bush or Obama. In fact, it fits no president in the history of the republic. You have confused losing an election with tyranny.
But it's not just you.
I find your comments interesting and humorous and agree with your analysis at a micro level. When you step back and look at the results of the policies championed by the left, the net effect is corporatism with a "spread the wealth" message that detracts the rank and file from the bigger picture. Now, the right gets caught in this as well as you have pointed out, but the right isn't in power these days so the left deserve all the scrutiny.
Now, I may have my definitions mixed but what troubles me is the trend of more legislation that drives consolidation and centralization of power and money into fewer and bigger corporations protected by bigger government. This trend is pervasive regardless of what party is in control but under the current regime seems to be moving at a quick pace.
Several examples of what I mean, the carpenter who just upgraded my master bath informed me that due to the new health care legislation, he can't afford to operate as an independent business any more and in the next year or so will find work with a bigger company who has the resources to lobby and manage the regulations.
I know of many small farming operations that are selling out to Big Agra because they to can't keep up with the overhead and regulations demanded by the FDA. What aggravates me is that it is the Big Agra operators who are guilty of the increase in Salmonella and other outbreaks but it is the small operators that are now being targeted by the FDA and driven to sell to the Big Agra operators. For a good look at this check out "Food Inc."
My small company just agreed to a buyout from a larger one with a world wide presence. Also due to the rise in operational costs brought on by regulations.
I see this trend in the banking and insurance industries as well. The small operator is driven out of business and gobbled up by the big operator. It is undeniable if you pay attention. Taxes, regulations and governance play a big role in this trend.
I don't know what you call it but the pattern is clear, big business/big government create a crisis, government grows, regulates, drives consolidations of little business into big corporations and the crisis pattern repeats ultimately leading to "to big to fail" and bailout syndrome we see today. Some have called this a "tape worm" economy. The end result is Power and money is no longer distributed and diversified but consolidated and controlled by a few. My liberties and opportunities are now gone My choice becomes be a "slave" to the corporate beast or starve since I can't compete due to the government regulations, taxes or litigation.
Right now, Obama is the leader of the"tape worm" economy, it wasn't palpable under Bush and thank God for the Internet allowing us to ORGANIZE, we are better at fighting it under Obama.
So, is this Tyranny? I dont' know but I do know it is not good and I hope you and I agree. If so, then we can beat this thing what ever it is called. But if we get caught up in petty word games then all is lost, the BIG **** wins.
You've read this 3000 page bill? Somehow I doubt that. And both the original senate bill and the House amendments were voted on by the House. They did not use "deem and pass".
You have fallen victim to some disinformation.
Why don't you share with me the passage in the bill that requires congress to give up their health care when the insurance pools are created…
Couldn't have said it any better! Fee for service, just like you do when you walk into a grocery store, pharmacy, clothing store, restaurant, electronics store, etc., etc., etc. or you call a repairman or take your car in for service…you pay by cash, check or credit card before you walk out with the merchandise. Our office stopped in-house financing of treatment years ago because people didn't pay their bills which meant we couldn't pay ours. We now use financial institutions (which costs 6-10% of the fees charged) to loan you money and they deal with the headache of trying to collect bad debts. If everyone would pay what they owe prices would come down!
No Mik, just responding to one of your earlier delights, and came across my name in the thread…couldn’t resist.
I agree. This is going way beyond politics as usual. This ain't your father's Democratic Party.
Ok Dictator Minus the Tator would be more Correct!
You're either missing the point, or avoiding it.
If there is no Glass-Steagal standard applied "first," NO WALL STREET REGULATIONS SHOULD BE PASSED.
Separate all investment banks from all commercial banks FIRST, …………….THEN work on appropriate, separate regulations for each of the two classes of banking.
This would protect all Americans from inappropriate, blanket regulations that should only be applied to investment banks.
I know you're aware of what I'm saying, so please don't try to divert the point again.
First, last, at the same time… I don't care when we separate banking functions as long as it gets done. If it's all wrapped up in one big piece of reform legislation it still carries the weight of law.
I don't think rockstone or twellsy are Star Wars fans.
There you go advocating for violence again. It is that old frustration?
You need to look a little further there, guy. The original post asked the question, "At what point do we get to finally call this tyranny?" While youy are correct about the person, you are incorrect about the office, which is what he questioned. Look it up. Your popint of view is simplisitic and misleading.
Nobody gets hurt? You must have missed the financial meltdown two years ago. We did exactly as you prescribed… we gave investment banks a free hand, let them "make markets" without oversight and let the invisible hand be their guide. U.S. taxpayers got a $2 trillion bill for their kindness.
Without rules and refs, free markets are not free.
At what point do we get to finally call this tyranny?
We already passed that point after the passage of healhcare "reform."
They are using the cover of large convoluted, poorly-written and confusing bills to mask numerous power/wealth grabs.
Forget tyranny! When are we going to start calling it treason!!!
Apropo….Our government has a bad OVER-BITE that needs fixing. Schedule the appointment in November.
They want to push people too far. This administration is just looking for a reason to declare Martial Law and turn us in to Valenzuela. Obama's hatred for this country runs so deep and the democrat party is complicit in this. How can they go home and face their children and grandchildren knowing they are destroying their way of life. This is a special kind of evil and there will be a special place in hell for these people!
One way for the orthodontists to get around this is to change their billing practice. Instead of quoting one complete fee up-front and then giving patients a payment plan, they could charge for each visit. This might actually benefit families whose kids don't need their braces on as long because they were good about wearing those little rubber bands and their headgear at night.
This will have a bigger impact on plastic surgeons who use payment plans to make surgery affordable for their patients. With plastic surgery the expense is greater than braces and there are just a few follow-up appointments, so no ability to spread the payments out over the course of treatment.
I don't think you know what tyranny means, but keep reaching for that rainbow.
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