Patrick.net

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Redwood City, CA
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In United States
Registered Jul 08, 2009

pkennedy's most recent comments:

• On 23 May 2013 in California picks 13 health plans for state-run insurance market, pkennedy said:

  The problem isn't people who can barely afford their cars, can't afford health care, it's that people who can't afford cars are foregoing health care. It's like saying someone can't afford rent because they're buying designer clothing.

  If your "plan" is to simply walk into a hospital when you get sick and let the government foot the bill, then you're simply pushing your bills onto someone else. These people can't afford cars, so they're simply pushing other aspects of their lives onto others.

  The same goes for companies who get away with paying minimum wages and offering no healthcare, where it's impossible for that person to afford health care even if they put their whole pay checks towards private health insurance. These companies are simply operating based off handouts from the government who will foot the bills for these employees who can't afford it on these minimum, no benefits salaries.

• On 20 May 2013 in Housing market showing signs of bubbling, pkennedy said:

  Investors pushed housing so low that housing was obsecenly cheap. Of course thou ng is "recovery". It has to make huge leaps and bounds back up to the norm.

• On 20 May 2013 in Signs of new housing bubble in several areas, pkennedy said:

  Your only point missing is that home owners haven't really had a chance to buy yet. Only investors. So after prices go up further and investors back out will the avg home owner get a chance and they will push prices further. So when the investors do back off instead of a cosolidation phase we will see a new set of buyers. The ones who has spent a year or two losing out to investors.