health care reform is to health care as sub-prime mortgages are to finance

I have been listening to a book that explains the finance melt-down of 2008. As I listen to what happens it is very similar to what is happening with health care reform (Obamacare). It sounds like what happened was many people in the government wanted to find ways that the poor, or less advantaged could afford to buy a house. The government encouraged loaning institutions to make loans to people that usually couldn't qualify for home loans. To afford these loans the loaning institutions would turn around and sell these loans to other people that would sell the loans to others. It got to be that the important thing was to have loans, not if the people could pay off the loans. So, it turns out that the companies would make money if they made loans, not if the people that bought the house paid off the loan. I don't understand what happened in the stock market, all they really worried about was if they could make a small percentage in the sale of the loan, and they sold millions of loans, then they could make much money. The focus was no longer on the housing market, but the focus was on the loan market. If houses could be sold, and refinanced then the stock market would make more money.

 Eventually the money was lost because there was no real money, it was just selling toothpicks that were worthless, because the loans were worthless because they could not be paid. Now the government is only thinking about making sure everyone has health insurance, rather than thinking what that health insurance can buy. It will start being that the health insurance is the asset, not the health of people. The government isn't going to change anything in the health industry, just make sure everyone has health insurance. The industry will start changing what is covered by health insurance and some things will only be available if you have independent insurance. It is a house of cards, that has no foundation, no financing. Where the extra money comes from is not ensured. It is a great attempt at helping the disadvantaged, but rather than trying to go around the system, a way has to be made to change the system.