{"id":182216,"date":"2015-11-18T23:58:00","date_gmt":"2015-11-19T04:58:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/11\/18\/quote-of-the-day-133\/"},"modified":"2015-11-18T23:58:00","modified_gmt":"2015-11-19T04:58:00","slug":"quote-of-the-day-133","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/11\/18\/quote-of-the-day-133\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<blockquote><p><span style=\"color: blue;\">The \u201chealth insurance industry\u201d is not, following Veblen, an industry; unlike health care, it creates no value; it is wholly parasitic and should not exist. \u201cOne does not improve a tapeworm; one removes it.\u201d<\/span><\/p>\n<blockquote><p>\u2014<span style=\"color: blue;\"><a href=\"http:\/\/www.nakedcapitalism.com\/2015\/11\/clinton-finally-forced-to-confront-a-single-payer-advocate-in-debate-cant-win-on-policy-falls-back-on-demagoguery-distortion.html\">Lambert Strether<\/a><\/span><\/p><\/blockquote>\n<\/blockquote>\n<p>The same characterization could quite easily apply to many segments of the finance industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The \u201chealth insurance industry\u201d is not, following Veblen, an industry; unlike health care, it creates no value; it is wholly parasitic and should not exist. \u201cOne does not improve a tapeworm; one removes it.\u201d \u2014Lambert Strether The same characterization could quite easily apply to many segments of the finance industry.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,1002,1046,1045],"tags":[],"class_list":["post-182216","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-good-writing","category-healthcare","category-insurance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182216"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=182216"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182216\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=182216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=182216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=182216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}