|This statement appears in the April 28, 2006 issue of Executive Intelligence Review.
Support Conyers' Health-Care Reform!
by Lyndon H. LaRouche, Jr.
April 21, 2006
I formally endorse the following draft bill [H.R. 676] as my policy.
The actual or virtual obliteration of pre-existing, private pension and related contractual agreements, demonstrates the folly of inducing large numbers of our citizens to place their trust, and the hope of their families' future, in the substitution of the dubious protection of private pension and health-care systems for public measures as durably permanent as our constitutional republic itself.
The extraction of financier profits in layer upon layer of the private health-care and pension systems, and the degree of reckless mismanagement shown by the successive waves of actual, and virtual bankruptcy, and mismanagement of more and more of the privately constructed programs, should be taken as a lesson which, in the light of recent experience, no prudent heads of family households could conceivably overlook.
The most essential, mandatory quality of any pension or health-care system, is that the protection it promises must be delivered in a full and promptly timely way when the time for the redemption of that promise has arrived.