Saturday, September 20, 2008

Banking on Health in a McCain World

You better stay healthy if McCain gets elected. McCain was quoted recently in a business magazine, Contingencies, saying that the way to fix health care was to use the deregulated banking industry as the model.

"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." (full article here)

To be fair, this isn't just McCain. It's the whole big business arm of the Republican Party. The Reagan Revolution deregulation and trickle-down tom-foolery have left us all holding the bag.

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