Free healthcare can be quite expensive

Posted on June 17th, 2008 by bile Categories and Tags: Uncategorized, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

http://www.timesonline.co.uk/…

The National Health Service is providing dying cancer patients with drugs that are five times less effective than those available privately and is refusing to treat them if they try to buy medicines themselves.

One drug for kidney cancer, routinely available through public health systems in most European countries but not to British patients, can reduce the size of tumours in 31% of patients, compared with just 6% of those prescribed the standard NHS drug.

The growing row over “co-payments” has prompted the government to reconsider the ban. Alan Johnson, the health secretary, has promised a “fundamental rethink” of the policy.

Research presented at the American Society of Clinical Oncology found that kidney patients taking the new drug Sutent lived six months longer than those prescribed alpha interferon, the NHS treatment.

The failure of the NHS to make more effective drugs available to cancer patients has been condemned as “unethical” by leading doctors.

A woman with bowel cancer is fighting for the right to pay for a drug that could extend her life long enough for her to spend Christmas with her grandchildren.

Sheila Norrington, 59, a former NHS medical secretary from Maidstone, Kent, has been told by doctors that if she buys the drug Erbitux, which the health service will not pay for, she will lose her state-funded cancer care. Erbitux is the only drug capable of treating her advanced bowel cancer.

Norrington’s husband, Goff, 61, a former sales manager, said: “We have been told that if we pay for it ourselves we will be thrown off the NHS completely and we will need to pay for everything privately. We are devastated. This is not going to cure my wife, but if it keeps her alive a little bit longer, then we would pay for it.”

The couple say that although they could pay for a few cycles of the drug, which costs about £3,000 a month, they could not pay for all Norrington’s care, including scans, blood tests and consultations.

Goff Norrington added: “We have two young granddaughters and this could make the difference between sitting round the table with them at Christmas or not. We think it is deplorable that patients can get this drug almost anywhere in Europe but we cannot get it in the UK.”

A spokesman for Maidstone and Tunbridge Wells NHS Trust said: “We are governed by Department of Health policy on this issue.”

A poll for The Sunday Times shows strong support for allowing co-payment in the National Health Service, with 89% saying that people who buy additional cancer drugs should continue to get free NHS treatment.

Only 5% think allowing co-payment would create a two-tier NHS. Until now this has been the position taken by Alan Johnson, the health secretary.

Ministers had feared that allowing co-payment would upset less well-off patients, but the YouGov poll of nearly 1,800 people shows strong backing across the social spectrum and supporters of all three main parties.

Lee over at MooreWatch.com I think said it all: “This, of course, begs the question.  If compassionate free government healthcare can’t provide, y’know, actual healthcare to patients, and they are forced to paying massive amounts of money to buy their own treatments, maybe the solution to the problem is less free government healthcare and more private sector solutions.”

When will these people realize that the government can not negate scarcity? The only thing that can bring more and better healthcare to the masses is an increase in their wealth and the only way to do that is capital accumulation through free market capitalism.

Congress takes aim at oil speculators

Posted on June 17th, 2008 by beetlbumjl Categories and Tags: CNN, oil, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 2 Comments »

Record prices have prompted a slew of bills to curtail the role of investors, but traders say they could backfire:

NEW YORK (CNNMoney.com) — Fed up with soaring oil prices and a chorus of people blaming Wall Street speculators, Congress is considering a host of rules aimed at limiting the inflow of investor money into oil contracts.

But oil traders urge caution. While more disclosure is a good thing, they say making it harder for speculators to invest in oil futures could have the opposite effect intended, and send prices higher.

In light of oil’s phenomenal climb from under $50 a barrel to nearly $140 in less than 18 months - and the public belief that Wall Street traders were behind the rise - Congress is awash in bills that attempt to limit the role of speculators. Several have bipartisan support and could soon become law.

“In two days, the price of oil rose $16,” said Sen. Richard Durbin, D-Ill., at a joint hearing of two Senate panels on oil speculation Tuesday. “Did I miss something, was there some war in the Middle East?”



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Rand Corp. recommends giving NYPD more tools for tyranny

Posted on June 10th, 2008 by bile Categories and Tags: New York, New York City, police, police state, , , , , , , , , , , , , , , , , , , , , , 4 Comments »

http://wcbstv.com/…

A new report on the NYPD’s firearms training done in the wake of the Sean Bell shooting was drawing fire Monday night.

The report recommends arming the entire department with a controversial weapon.

Police firearms training came under heavy criticism in the aftermath of the Bell shooting when 50 shots were fired at Bell and his friends.

On Monday, a new report had a surprising recommendation to prevent such multi-shot incidents.

The outcomes might have been different if the officers had less than lethal devices other than pepper spray,” said Dr. Bernard Rostker of the Rand Corporation.

The Rand Corp. is a non-profit organization that helps improve policy and decision making through research and analysis. Rand offers its insight to companies and civil services in business, education, health, law and science, according to its official Web site.

Rand experts recommend that the NYPD issue Taser guns to more of its patrol officers so they can stun victims instead of shooting them.

“Tasers reduce injuries to citizens, reduce injuries to police officers and reduce the use of firearms,” Rostker said.

Given that in the Bell murder the men were inside a car the tasers would have been completely useless. Also considering the amount of lead that flew that night it seems obvious to me that the cops were past the point mentally where tasers would have been an option. I think it’s been shown time and time again that the belief that tasers are harmless mixed with police arrogance and aggression leads to misuse and abuse of the tool. Instead of wasting $12m+ on tasers plus the cost of training why not train the officers not to be so rash. How about teach them to shoot to incapacitate instead of kill?

This was cross posted to Serf City.

President of the New York Federal Reserve Bank advocates global bank framework

Posted on June 9th, 2008 by bile Categories and Tags: New York, currency, , , , , , , , , , , , , , , , , , , ,

http://www.ft.com/…

Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with “appropriate requirements for capital and liquidity”, according to Timothy Geithner, president of the Federal Reserve Bank of New York.Writing in Monday’s Financial Times, Mr Geithner, a key US policymaker throughout the credit crisis and one of the main architects of the rescue of Bear Stearns, says that the US Federal Reserve should play a “central role” in the new regulatory framework, working closely with supervisors in the US and round the world.

In his speech, Mr Geithner will also say the Fed is examining whether to make “permanent” some of the new liquidity facilities put in place during the credit crisis, and called for central banks to establish a “standing network of currency swaps, collateral policies and account arrangements” to bolster liquidity during a future crisis.

So when they screwup, which is all the time, they directly instead of indirectly effect everyone on the planet. Wonderful…

The Global Food Crisis : Political Factors

Posted on May 26th, 2008 by bile Categories and Tags: currency, education, food, , , , , , , , , , , , ,

 



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