St Vincent’s Hospital in Manhattan closes in bankruptcy, running up $700 million in losses caring for the people in Soho and Greenwich Village. Perhaps too many ER visits due to table salt overdoses, transfats and 2nd hand smoke… Or maybe heroin addiction, ecstacy and HIV/AiDS…
In the count of three…
Obama! Obama! Obama!
Command the Sea of Red Ink to part and lead us to the promised land of free unlimited health care!
I’m sensing some cynicism here.
Welcome to the land of Moral Hazards