In the past I have tried to highlight how insurance works as a tool to spead financial risks.

Now we have Ryan as a VP nominee advocating abolishing Medicare and replacing it with a voucher program for seniors to purchase their own insurance.

So they will create an insurance pool that will have the highest medical cost. Anyone receiving Medicare now would be "pooled" into a group that are all 65 years and older or have chronic health problems that make them eligible for Medicare now.

So the other option is to pool these people in with their other policy holders. So then your health insurance carrier it going to add all of these high cost risks into the general company policies. You think health insurance is high now!!! Wait till this is enacted.

Medicare was established in a large part because most insurance companies would not insure the elderly and the elderly could not afford health care. So Medicare was established where you paid into it when you are young and hopefully healthy and you receive the benifit when you reach age 65. Everyone that qualifys for Social Security qualifys for Medicare.

So all of these insurance companies everyone complains about are going to oversee health care for all seniors. I wonder what your voucher will buy you.

On top of all that you have a party that STRONGLY advocates no government in business and no government regulations. So then we have a system that is going to have very lax supervision.

There are plenty of conartists out there already taking advantage of the senior population. Wall Street has it's share of the unscrupulous that brush off unethical and reckless practices by convincing them selves that "IT"S JUST BUSINESS".

No I don't care if a bunch of people make billions of $$$$ cashing in on the vouchers for medicare, but I am concerned with the seniors that will purchase insurance with these vouchers that will be about as worthess as the paper the policies are written on.

I don't think Ryan will change his stripes just because he is running on the Romney ticket.

Anyone that thinks the office of vice president is not influential must have been asleep durring the Bush-Cheney years.

If you put party loyalty aside and look at this issue in a pure actualrial (business) prospective you will understand that these are very dangerous proposals for the seniors in this country. They may be very opportunistic for some Wall Street "out of the box" thinker that will disregaurd 200 years of statistics and end up paying you voucher money in saleries to CEOs, company vice presidents, assistant vice presidents, junior vice pressidents and I think you can get my drift.