Americans are bombarded with the notion of a nationalized health care system. The media touts catch phrases like "Health Care for all Americans" and "No Child without Health Care Coverage." These catch phrases might lead Americans to view this as free health care. What they don't know is what it really means: higher taxes, longer waiting periods, fewer doctors and cutting treatment corners.

Americans pay 22 percent of their income in taxes, while their counterparts in Europe pay 42 percent of their income in taxes. The difference is to fund the nationalized health care. It helps to think of it as a preferred provider system of health care. Doctors who don't subscribe to the system are not available to the general public. So, your level of health care will be drawn from a much smaller pool.

Additionally, since there are fewer doctors that buy into the system, the waiting period grows. Need a hip replacement? It could take 18 months to schedule your surgery. Patients are herded through the doctor's office like cattle. The more patients they see, the more they collect.