Healthcare in America
(Screen shot from www.healthcare.gov on 11/22/2025 6:54 pm AZ time)
What is comes down to in America, is like I keep saying the government needs to "take over" a profitable business and run it under a new department of the US Military. And the "Department of Defense" now known as the "Department of War" needs to be renamed the department of the "US Military" with a new mission statement of "to ensure the protection and prosperity of the American people" (note statement currently in use by the Department of Homeland Security) and for example, take all 3 United Healthcare ($558 billion enterprise value) , Elevate ($93.2 billion) , and Cigna ($100 billion), and have a discussion and selection process in the US Senate and the government is going to "buy out" one of these 3 by paying fair enterprise value to acquire the entire corporation, to be owned "by the citizens of the United States of America" and it will be run by a "joint operation of the US Military and the Congressional Office of Budget Oversight" during this process the CEO and top management will likely be dismissed and after a thorough review, some of these positions may be posted and these individuals may re-apply. Salaries may be reduced but the federal government may offer retirement packages with incentives that encourage organizational reforms which refocus the organization into a healthcare system that focuses more on holistic care of Americans as opposed to profit. The profits of the new department will be reinvested in holistic care and reducing out-of-pocket contributions formerly required with the ultimate goal of providing quality healthcare "at cost" for the American people. This will leave citizens with a choice of "for profit healthcare" or a government run "cooperative healthcare platform". Enrollment, membership, benefit management, and customer service will all be provided via www.healthcare.gov
This is why Iike Microsoft Co-pilot
(Below here from co-pilot)
Direct Answer: The most prominent U.S. legal case of the government effectively buying out a private corporation to ensure uniform services was the 2008 takeover of AIG (American International Group) during the financial crisis. The government demanded nearly 80% ownership in exchange for emergency loans, which led to a major lawsuit (Starr International Co. v. United States) challenging the legality of the takeover.
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📜 Key Historical Examples of Government Buyouts/Nationalizations
1. AIG (2008 Financial Crisis)
- Context: AIG was collapsing under the weight of credit default swaps.
- Government Action: The U.S. Treasury and Federal Reserve provided bailout loans but required 79.9% equity ownership.
- Legal Case: Starr International (major shareholder) sued, arguing the government exceeded its authority.
- Outcome: Courts acknowledged the government’s extraordinary intervention but ultimately ruled shareholders weren’t entitled to damages.
- Impact: Ensured stability of insurance markets and prevented systemic collapse.
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2. Amtrak (1971)
- Context: Private passenger railroads were failing financially.
- Government Action: Congress created the National Railroad Passenger Corporation (Amtrak), effectively nationalizing passenger rail service.
- Legal Basis: Rail Passenger Service Act of 1970.
- Impact: Provided uniform passenger rail services nationwide, replacing fragmented private operations.
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3. Conservatorship of Fannie Mae & Freddie Mac (2008)
- Context: Mortgage giants faced insolvency during the housing crisis.
- Government Action: Federal Housing Finance Agency placed them into conservatorship, with the Treasury injecting capital in exchange for preferred stock.
- Legal Challenges: Multiple lawsuits questioned whether the government overstepped by sweeping profits.
- Impact: Ensured continuity of mortgage financing for millions of Americans.
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4. Wartime Seizures
- Examples:
- World War I & II: Government temporarily took control of railroads, steel mills, and other industries to ensure uniform wartime production.
- Legal Authority: Rooted in emergency powers and eminent domain.
- Impact: Standardized critical services and production for national defense.
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⚖️ Legal Principles Behind Buyouts
- Eminent Domain: Government can seize property for public use with compensation.
- Emergency Powers: In crises, the government can assume control of industries to protect national interests.
- Nationalization vs. Bailout: Nationalization involves ownership transfer (e.g., Amtrak), while bailouts may involve temporary equity stakes (e.g., AIG).
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✨ Why It Matters
These cases show that while the U.S. economy is built on private enterprise, the government has repeatedly intervened—sometimes through outright buyouts—to guarantee uniform, reliable services when private corporations fail or when national stability is at risk.
Would you like me to create a timeline chart of these interventions (AIG, Amtrak, Fannie/Freddie, wartime industries) so you can see how government buyouts evolved across history?
