“Everybody needs food, but the government does not require entrepreneurs to obtain a certificate of need before opening or expanding a grocery store. Everybody needs healthcare at one time or another, but the federal Department of Housing and Urban Development and 35 states require hospitals to obtain certificates of need (called CONs) before they open their doors or expand. Certificates of need tend to favor large non-profit operations, which are now blocking competition while scamming patients and taxpayers alike.”
Read more: http://www.independent.org/newsroom/article.asp?id=9235
Related posts:
Americans Are on a Tight Leash
No, thanks: Stop saying “support the troops”
A Commissarina Rises: Wendy J. Olson's Reign of Terror
US Markets Are Running On Borrowed Money, Borrowed Time
A $100k earner gets to keep $99k in Singapore but $57k in San Francisco
Ignore Saudi and Israeli Goading for Muscular U.S. Mideast Policy
Jeffrey Tucker: Is Bitcoin Real or Not?
Obama Has Decided That It Is Safer To Buy Congress Than To Go It Alone
David Galland: Answers from a Monetary Master
How Rigid Alliances Have Locked Us Into Unwanted Conflicts
Secession: Armed vs. Peaceful
Why Living in Singapore May (or May Not) Be Right for You
On Target Pressure Points: Educational Compliance
Pete Guither: Musing on this day
Euro Pacific Capital Global Investor Newsletter: October 2012