Would you ask Enron To handle your 401K?

Question

This is something that has been a question I have had for a long time.

All you hear on here is complaints about how the Goverment (both Dems and Republicans as a whole) mess up everything they put their hands to. I agree when they oversee anything completley they mess is up. It is alway over budget, non functional, tends to miss the people it is intended to help and doesnt end up being what they said it was going to be.

The goverment doesnt have a great track record. With this in mind for those that want Goverment run health care. WHY? Why would you want someone who is know for messing everything up to oversee something as big and difficult as National health Care?

Just like I wouldnt trust my 401K to Enron I wouldnt trust my healthcare to the goverment.

If you would please tell me what would make you think they will even come close to getting it right

Wasnt trying to say they were investment people just saying I wouldnt give them my money becuase they showed they couldnt be trusted, but you got the point anyway.

Plunge once again I am only saying I wouldn't trust enron with my money as they have proven they cant be trusted.

Second, I am not talking about programs to help kids out I am talking about a NHS program like I said in my question.

#rd have you even lived in a NHS provided place? I am american But live most of the time in england. It is aweful..

I have no problem with the goverment reglulating pricing of insurance making sure each offers a basic health care plan to anyone who needs it for a low price. I just dont want them running it in anyway.

Answer 1

Although your analogy isn't the best (Enron never professed to be in the accounting or investment business), the conclusion is valid. Government should stick to what it is fairly good at, building roads, making armies, holding elections, and not intrude into what should be private business.

Answer 2

few things...one, enron didn't mess up any 401k's. Enron DID mess up corporate accounting and employees were dumb enough to invest their 401k in company stock then THEY were the ones who messed up. Plenty of other Enron employees only lost their jobs because they were smart enough to invest their retirement money in investments that weren't also paying their salary!

Second, I'm not necessarily for government run healthcare for all, but it's not a bad thing to have a basic government healthcare for kids. I have health insurance for my kid...but it does me absolutely no good if the kid sitting next to mine at school gets sick and since mom can't afford treatment until it's really bad (when hospital will treat him at an emergency room) sends him to school. Sure, it only costs me the co-pay but my kid still got sick and I still had to take a day off of work to take my kid to the Dr. for treatment.

Second, I already AM paying for their healthcare and in ever increasing amounts. These people are going to the emergency room for treatment....Who the hell do you think is paying for that??? Better to treat it earlier when it's cheaper and easier. Better yet...preventative medicine.

Lastly, because the government will only provide basic preventative care, I'm still going to make sure my kid is on my health insurance because my kid will get better service AND I want the extras that my insurance would provide over the government insurance. Private insurance would still have a place and those that can afford it will still get it...because it will afford them better service and care. You honestly don't think that you get the same level of care and service then the CEO's of the major corporations do you?

Basic preventative care for kids is a smart thing.

Answer 3

I wouldn't trust Enron to water a dead plant