Mar. 19th, 2010

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I went to get a haircut yesterday. Now, the barbershop I used to go to always had the game, or Channel 7, the local ABC affiliate, on the TV. But that place closed, and the new place has Fox News on. During a 4:00 PM haircut, that means, Glenn Beck.

It's not wise to get in a political discussion with a guy cutting your hair, unless you want an accidental-on-purpose reverse Mohawk, so I didn't, but Glenn's show just boggled my mind. He's apparently decided health care is a plot to do to America what the iceberg did to the Titanic (literally - lifeboats were discussed). He also decided that the US Government is going to nationalize Walgreens drug stores.

Huh?!?!?!?

Here's the "logic." Walgreen announced that they are not accepting any more Medicaid patients in Washington State, presumably because the patients are not profitable enough. "Of course," Glenn says, this will "logically" cause Walgreens to fail, and since Walgreens is "To Big To Fail" the feds will have to take it over.

There are a number of questions I wanted to ask Glenn, namely:
1) What percentage of Walgreens business is represented by filling Medicaid prescriptions?
2) Why wouldn't the other drugstore chains pick up this business?
3) What are Walgreens financials like in the other 49 states?
4) Why couldn't the Feds just increase their reimbursement rates and/or work with Walgreens to get the meds at a better discount?

If he believes this shit, I have to seriously wonder what he's putting in his coffee. If not, well the guy should be a televangelist.

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