McBanking on Health Care...

September 19, 2008, 7:24 pm
McCain on banking and health

OK, a correspondent directs me to John McCain’s article, Better Health Care at Lower Cost for Every American, 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/

 

Come on Senator, which one is it - regulation or deregulation - or it could depend on which day of the week or hour of the day he is asked all these questions.He could even start treating Spain as an adversary for all we know. Something to do with which part of the hemisphere I believe.

 

Well Z,

I think he is on his way to earn that phd in politics.

 

Exactly. If McSenile has forgotten which hemisphere Spain is in, how in hell can he be counted on to handle foreign affairs (his supposed best strength (we KNOW it's not the American economy))?