With the U.S. deficit financed by China, much like AIG is financed by the US Government, If you are looking to the political party that might really have the say so if we have health care reform in 2009, look East.. Far East...
Northbrook, Illinois (PRWEB) August 2, 2009
Mark Gurda, President of Castle Group Health Inc., a leading health insurance agency has launched a new web site dedicated to in-depth analysis and editorials on the components of health care reform. http://www.bloghealthinsurance.com
"With the U.S. deficit financed by China, much like AIG is financed by the US Government, If you are looking to the political party that might really have the say so if we have health care reform in 2009, look East.. Far East..." said Mark Gurda when asked about who may have ultimate veto power on any Health Care Reform Bill in the United States.
In June, Tim Geithner, US Treasury Secretary went to China to address the budget deficit issue and explain our 13% of GNP deficit this year, and a predicted 3% of GNP deficit next year, assuming a economic recovery, and to tell the Chinese not to worry. China who currently owns an estimated $2 trillion of our bonds, and we assume will pick up another $500 billion soon, may ultimately have something to say about how health care reform goes, if it does. They won't necessarily offer public statement, but while most Americans think that 'health care reform' means "saving me money", if the bill doesn't deliver, and the government has to sweeten the deal to make it more attractive (meaning additional deficit spending), China might start dumping dollars and bonds.
Join Mark at http://www.bloghealthinsurance.com to discuss of the problems with the current health care system, suggestions of solutions, and promote open discussion of the actual bills being floated by the House and Senate.
About Mark Gurda:
Mark H. Gurda is President of Castle Group Health Inc, a leading health insurance agency, in Northbrook, Il. Founded in 1989, Castle Group has been a pioneer in providing health insurance information, quotes, and comparison guides on the internet. With over 500 corporate clients in more than 15 States, Castle Group has been providing expertise-based services helping businesses with less than 500 employees navigate and understand how to cost effectively provide employees benefits. Mark earned his degree in Economics in 1981 from Texas Christian University. Often a resource he has been on CLTV, E*TRADE Financial Network, and quoted in numerous major publications. He and his firm have been top producers for several major carriers and have saved clients time and money with their expertise and service in a marketplace that focuses more on commoditization of health insurance.
Mark Gurda, President.
Castle Group Health Inc
(847) 559-8100 x201
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