McCain on banking and health: Let's Make It More Like The Financial Industry

[No Passaran]

In the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries. You might want to be seated before reading this.

Here’s what McCain has to say about the wonders of market-based health reform:

"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."

So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago — and promising that if we marketize health care, it will perform as well as the financial industry!

http://krugman.blogs.nytimes.com/2008/09/19/mccain-on-banking-and-health/

[BlueIdaho]

1. Priceless! K & R!

[No Passaran]

2. You think McCain was hoping no one would notice this article

Obviously he said this before the current Wall St meltdown. If this gets picked up by everyone, he will be done. Worst case it's great debate material for Barack to him with in few weeks, however I believe Barack should start speaking about this now and get it out there to be picked up by MSM.