The Subprime Crisis Puts an end to Government Managed Healthcare

I saw this concept in a comment thread on the Wall Street Journal and I thought it worth repeating here.

You'd have to think that with the existing Federal debt of $9.5T and now the apparent need to take over some part of the $4T in debt from the mortgage giants Fannie Mae and Freddie Mac that plans for government health care will have to be shelved. Add to all of this the underfunded commitments for retirees at both the state and Federal level and you've got a massive financial strain on the government coming up. Planning yet one more huge government program seems too illogical even for the Democrats.

The music may finally be stopping and the piper may have to be paid.