Saturday, September 20, 2008

McCain's Proposal: Make the Nation's Health Care Like the Banking System

I've known for some time that John McCain wanted to use banking deregulation as the pattern for reforming (by reform he means utterly destroy) health care. It was sort of his secret. He believed it, he'd share that belief with the right ultra-conservative crowd, but I didn't think him stupid enough to chat it up to the broader public. I was wrong.
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation. ~ John McCain in Contingencies Magazine Sept/Oct 2008
In one sentence McCain puts himself foursquare behind the policies that have caused the banking industry to dissolve and he has promised to do the very same thing to health insurance. What an astonishing toofer. And it is out there in print, available in many of the finer HMO waiting rooms.

Contingencies Magazine website

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