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	<title>Comments for Thoughtbasket</title>
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	<link>http://thoughtbasket.com</link>
	<description>A place to hold my thoughts on various topics</description>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by Pam Maske</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-735</link>
		<dc:creator><![CDATA[Pam Maske]]></dc:creator>
		<pubDate>Sat, 21 Jan 2012 17:08:28 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-735</guid>
		<description><![CDATA[just read that George H.W.Bush &amp; Dan Quayle with ties to Eli Lilly encouraged the fast track﻿ of the rDNA synthetic insulin through the FDA &amp; then the Bush administration﻿ tried to limit the public&#039;s ability to sue drug companies. The profits from rDNA synthetic insulin affords the powerful to purchase new cars for their children, while we parents of diabetic children are left to purchase coffins or worse for our children, because of the defective insulin that we are forced to buy in America.
Cloned insulin is a defective product. In Eli Lilly&#039;s cloned insulin&#039;s phase 2 clinical trials in England in 1982, there was a 30%﻿ adverse reaction rate. But Eli Lilly covered that percentage up and had their own doctors report a 2 to 3% adverse reaction rate. Again, Eli Lilly wanted to raise the price of insulin and couldn&#039;t do so unless they &quot;improved&quot; it. But cloned insulin IS NOT an improvement, just another defective product from Eli Lilly.
Doctor&#039;s are paid by drug companies. I don&#039;t believe a thing that comes out of their mouths.]]></description>
		<content:encoded><![CDATA[<p>just read that George H.W.Bush &amp; Dan Quayle with ties to Eli Lilly encouraged the fast track﻿ of the rDNA synthetic insulin through the FDA &amp; then the Bush administration﻿ tried to limit the public&#8217;s ability to sue drug companies. The profits from rDNA synthetic insulin affords the powerful to purchase new cars for their children, while we parents of diabetic children are left to purchase coffins or worse for our children, because of the defective insulin that we are forced to buy in America.<br />
Cloned insulin is a defective product. In Eli Lilly&#8217;s cloned insulin&#8217;s phase 2 clinical trials in England in 1982, there was a 30%﻿ adverse reaction rate. But Eli Lilly covered that percentage up and had their own doctors report a 2 to 3% adverse reaction rate. Again, Eli Lilly wanted to raise the price of insulin and couldn&#8217;t do so unless they &#8220;improved&#8221; it. But cloned insulin IS NOT an improvement, just another defective product from Eli Lilly.<br />
Doctor&#8217;s are paid by drug companies. I don&#8217;t believe a thing that comes out of their mouths.</p>
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		<title>Comment on More Tech Bubble Datapoints by Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket</title>
		<link>http://thoughtbasket.com/2011/08/05/more-tech-bubble-datapoints/#comment-728</link>
		<dc:creator><![CDATA[Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket]]></dc:creator>
		<pubDate>Fri, 06 Jan 2012 00:58:04 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=1010#comment-728</guid>
		<description><![CDATA[[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally publicly pulled [...]]]></description>
		<content:encoded><![CDATA[<p>[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally publicly pulled [...]</p>
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		<title>Comment on More Tech Bubble Data by Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket</title>
		<link>http://thoughtbasket.com/2011/06/23/more-tech-bubble-data/#comment-727</link>
		<dc:creator><![CDATA[Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket]]></dc:creator>
		<pubDate>Fri, 06 Jan 2012 00:58:01 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=977#comment-727</guid>
		<description><![CDATA[[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally publicly [...]]]></description>
		<content:encoded><![CDATA[<p>[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally publicly [...]</p>
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		<title>Comment on More on the Tech Bubble by Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket</title>
		<link>http://thoughtbasket.com/2011/06/20/more-on-the-tech-bubble/#comment-726</link>
		<dc:creator><![CDATA[Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket]]></dc:creator>
		<pubDate>Fri, 06 Jan 2012 00:57:58 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=974#comment-726</guid>
		<description><![CDATA[[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally [...]]]></description>
		<content:encoded><![CDATA[<p>[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has finally [...]</p>
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		<title>Comment on Yes, It Is A Tech Bubble by Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket</title>
		<link>http://thoughtbasket.com/2011/06/14/yes-it-is-a-tech-bubble/#comment-725</link>
		<dc:creator><![CDATA[Marc Andreesen Finally Calls The Tech Bubble &#124; Thoughtbasket]]></dc:creator>
		<pubDate>Fri, 06 Jan 2012 00:57:55 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=958#comment-725</guid>
		<description><![CDATA[[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has [...]]]></description>
		<content:encoded><![CDATA[<p>[...] months of saying, contrary to all evidence, (like this, this and this) that there was not a tech bubble going on, super-VC Marc Andreesen has [...]</p>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by Paul</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-724</link>
		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Thu, 05 Jan 2012 11:17:32 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-724</guid>
		<description><![CDATA[Hi Kay: let me try to explain how it works here in Brazil, to an approximation. Here we have two systems (that subdivide within themselves. It is in the brazilian constitution to provide universal healthcare to everyone (including non-citizens, I think)). Being a poor country (technically one small rich country and a large poor one &quot;sharing&quot; territory and resources) the public option is indispensable. The best universities are public, but you can create a private medical school (there are many). 

- The public system goes from top-quality hospitals connected to the universities, to gradually worse hospitals in more distant areas. The quality of the public option is not uniform, and access varies depending on the area. I have seen people who waited 8 months to see an ophthalmologist. The government has implemented the family medicine program, which works great. Local small &quot;posts&quot; take care of communities and address their everyday needs: it works, and addresses what all medical students learn only on: preventive medicine is the most effective tool. 
My message is: the family medicine program works well, the top-notch public hospitals work well (but are crowded), everything in between struggles and the patients (and doctors) suffer. It is hard to work with bad equipment, bad staff and low pay. The caveat is: why  would the best doctors work for the university hospitals if the pay isn&#039;t good? Because of connections, curriculum and access to a well-established highly selected community of physicians. One gains reputation here in the top public hospitals, to then sell this expertise and reputation in the private sector for a high price. So, next, the private option. 

- The private option. The market is essentially free to open hospitals, clinics, offices and there is an insurance market for them. As far as I understand, it&#039;s identical to the way things are done in the USA. There are subdivision in the private sector as well. The local big names in medicine treat their wealthy patients in luxury hospitals. Beneath that you&#039;ll find a middle class that pays for private insurance and fluctuates on the differing scales of quality found in the continuum of private care, going from the inaccessible crème to questionable cheap private hospitals. From a physician&#039;s perspective (especially if you work in ICUs or emergencies), these hospitals are where you make your savings. They pay for shifts and hire aggressively, our economy is growing, there is no shortage of jobs. 

Medicine is the best paid profession here, if you perform the statistics based on what degree the person obtained. The public sector pays by a service table (say, an appendectomy will pay you X bucks), and this table exists to varying degrees from the private insurers (a bad insurance will also pay X a good one 2X a loved one 5X). Us mortals that work in ICU&#039;s get hired by the hospitals and receive a salary.

I hope our country develops, becomes more equitable, and everything that happens in the US needs to serve as example. Health care and pensions are complex issues that cannot be looked at simply from the efficiency point of view, we need to develop a community-sense to take care of the sick and support the elderly. A society that is willing to allow families to go bankrupt in time of sickness needs to revise its values. But democracy is more important, and if we choose so, so be it.

Good luck!]]></description>
		<content:encoded><![CDATA[<p>Hi Kay: let me try to explain how it works here in Brazil, to an approximation. Here we have two systems (that subdivide within themselves. It is in the brazilian constitution to provide universal healthcare to everyone (including non-citizens, I think)). Being a poor country (technically one small rich country and a large poor one &#8220;sharing&#8221; territory and resources) the public option is indispensable. The best universities are public, but you can create a private medical school (there are many). </p>
<p>- The public system goes from top-quality hospitals connected to the universities, to gradually worse hospitals in more distant areas. The quality of the public option is not uniform, and access varies depending on the area. I have seen people who waited 8 months to see an ophthalmologist. The government has implemented the family medicine program, which works great. Local small &#8220;posts&#8221; take care of communities and address their everyday needs: it works, and addresses what all medical students learn only on: preventive medicine is the most effective tool.<br />
My message is: the family medicine program works well, the top-notch public hospitals work well (but are crowded), everything in between struggles and the patients (and doctors) suffer. It is hard to work with bad equipment, bad staff and low pay. The caveat is: why  would the best doctors work for the university hospitals if the pay isn&#8217;t good? Because of connections, curriculum and access to a well-established highly selected community of physicians. One gains reputation here in the top public hospitals, to then sell this expertise and reputation in the private sector for a high price. So, next, the private option. </p>
<p>- The private option. The market is essentially free to open hospitals, clinics, offices and there is an insurance market for them. As far as I understand, it&#8217;s identical to the way things are done in the USA. There are subdivision in the private sector as well. The local big names in medicine treat their wealthy patients in luxury hospitals. Beneath that you&#8217;ll find a middle class that pays for private insurance and fluctuates on the differing scales of quality found in the continuum of private care, going from the inaccessible crème to questionable cheap private hospitals. From a physician&#8217;s perspective (especially if you work in ICUs or emergencies), these hospitals are where you make your savings. They pay for shifts and hire aggressively, our economy is growing, there is no shortage of jobs. </p>
<p>Medicine is the best paid profession here, if you perform the statistics based on what degree the person obtained. The public sector pays by a service table (say, an appendectomy will pay you X bucks), and this table exists to varying degrees from the private insurers (a bad insurance will also pay X a good one 2X a loved one 5X). Us mortals that work in ICU&#8217;s get hired by the hospitals and receive a salary.</p>
<p>I hope our country develops, becomes more equitable, and everything that happens in the US needs to serve as example. Health care and pensions are complex issues that cannot be looked at simply from the efficiency point of view, we need to develop a community-sense to take care of the sick and support the elderly. A society that is willing to allow families to go bankrupt in time of sickness needs to revise its values. But democracy is more important, and if we choose so, so be it.</p>
<p>Good luck!</p>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by Paul</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-723</link>
		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Thu, 05 Jan 2012 10:39:56 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-723</guid>
		<description><![CDATA[Hi thoughtbasket. 

The training in the US is wildly expensive, and I never quite understood the need to do a 4-year college to then pursue a 4-year MD, which is then followed by residency (where you will learn your daily chores). As far as I know, only the US and Canada share this system. Most European nations and here in South America have a 6-year MD followed by the residency (which again, is where you are actually trained). 
I have often heard that the US-Canadia style produces more medical researchers, which I partially agree.

The cost of training will never change over there. The opposite of that happens in my country (Brazil) where MDs get their training for free and, if well-positioned in the market from start, dedicate their careers to the private sector without ever contributing back to the system that educated them: that&#039;s unsymmetrical. A lot do work for the public sector, but those who inherit private practices basically get a free-ride form the government to then live like american doctors in the upper crust of the local elite. 

When I observe how the private medicine here works, it&#039;s identical to everything I read about american health care. I personally dislike the idea of a family going bankrupt, still having to bury their loved one (and then paying the bills). One quick anecdote: patient with larynx cancer was given an estimate of 250K for treatment and low chance of survival: he chose to not treat and leave the family with the money that would help the children&#039;s education. 

I personally oppose the idea of giving people the option of treatment versus bankruptcy. But we want to live in democracies, and if we chose so, so be it. 

Don&#039;t get me wrong, doctors need to be well-compensated, but we don&#039;t need to become macroeconomic burdens on society. 

I will anxiously watch how this all unfolds.]]></description>
		<content:encoded><![CDATA[<p>Hi thoughtbasket. </p>
<p>The training in the US is wildly expensive, and I never quite understood the need to do a 4-year college to then pursue a 4-year MD, which is then followed by residency (where you will learn your daily chores). As far as I know, only the US and Canada share this system. Most European nations and here in South America have a 6-year MD followed by the residency (which again, is where you are actually trained).<br />
I have often heard that the US-Canadia style produces more medical researchers, which I partially agree.</p>
<p>The cost of training will never change over there. The opposite of that happens in my country (Brazil) where MDs get their training for free and, if well-positioned in the market from start, dedicate their careers to the private sector without ever contributing back to the system that educated them: that&#8217;s unsymmetrical. A lot do work for the public sector, but those who inherit private practices basically get a free-ride form the government to then live like american doctors in the upper crust of the local elite. </p>
<p>When I observe how the private medicine here works, it&#8217;s identical to everything I read about american health care. I personally dislike the idea of a family going bankrupt, still having to bury their loved one (and then paying the bills). One quick anecdote: patient with larynx cancer was given an estimate of 250K for treatment and low chance of survival: he chose to not treat and leave the family with the money that would help the children&#8217;s education. </p>
<p>I personally oppose the idea of giving people the option of treatment versus bankruptcy. But we want to live in democracies, and if we chose so, so be it. </p>
<p>Don&#8217;t get me wrong, doctors need to be well-compensated, but we don&#8217;t need to become macroeconomic burdens on society. </p>
<p>I will anxiously watch how this all unfolds.</p>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by Kay</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-722</link>
		<dc:creator><![CDATA[Kay]]></dc:creator>
		<pubDate>Wed, 04 Jan 2012 20:23:09 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-722</guid>
		<description><![CDATA[It is nice to know it isn&#039;t only the U.S., although I&#039;ve always suspected much of the bias against our healthcare system was more &quot;the grass is greener&quot; phenomenon. 

I&#039;m happy to report that a change in employment to a large, publicly funded research institution has made a big difference in attitude for me. There are good things happening there and it is exciting.]]></description>
		<content:encoded><![CDATA[<p>It is nice to know it isn&#8217;t only the U.S., although I&#8217;ve always suspected much of the bias against our healthcare system was more &#8220;the grass is greener&#8221; phenomenon. </p>
<p>I&#8217;m happy to report that a change in employment to a large, publicly funded research institution has made a big difference in attitude for me. There are good things happening there and it is exciting.</p>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by Michael Ejercito</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-721</link>
		<dc:creator><![CDATA[Michael Ejercito]]></dc:creator>
		<pubDate>Wed, 04 Jan 2012 18:49:03 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-721</guid>
		<description><![CDATA[What we need are price controls- strict price controls, with violations punishable by execution.]]></description>
		<content:encoded><![CDATA[<p>What we need are price controls- strict price controls, with violations punishable by execution.</p>
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		<title>Comment on Greedy Doctors Are The Same As Wall Street Bankers by thoughtbasket</title>
		<link>http://thoughtbasket.com/2009/07/30/greedy-doctors-are-the-same-as-wall-street-bankers/#comment-720</link>
		<dc:creator><![CDATA[thoughtbasket]]></dc:creator>
		<pubDate>Wed, 04 Jan 2012 18:23:53 +0000</pubDate>
		<guid isPermaLink="false">http://thoughtbasket.com/?p=257#comment-720</guid>
		<description><![CDATA[Thanks Paul...that is a very helpful and thoughtful comment. I think that most people would agree that doctors should be well-compensated professionals. They spend a lot of time (and money in the US!) on their training, and provide an incredibly valuable service. Where things seem to break down is when doctors decide that their fees aren&#039;t high enough, so they do thinks like buy imaging machines and then order lots of imaging tests. Well compensated professional: yes. Entrepreneur who games the system to create demand: no.]]></description>
		<content:encoded><![CDATA[<p>Thanks Paul&#8230;that is a very helpful and thoughtful comment. I think that most people would agree that doctors should be well-compensated professionals. They spend a lot of time (and money in the US!) on their training, and provide an incredibly valuable service. Where things seem to break down is when doctors decide that their fees aren&#8217;t high enough, so they do thinks like buy imaging machines and then order lots of imaging tests. Well compensated professional: yes. Entrepreneur who games the system to create demand: no.</p>
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