McCain Proposes To Deregulate Health Insurance---just Like The Banking Industry

How well did that work out the first time?

Paul Krugman:

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!

Mr Deregulator would destroy what's left of our health care system. For those who have it at this point and can barely afford it, that is.


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