Okaaaaay.....
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| Fri, 09-19-2008 - 11:22pm |
Crazy:
http://krugman.blogs.nytimes.com/2008/09/19/mccain-on-banking-and-health/
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!>>>

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OK, here you go:
http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190
"Actually McCain pressed for regulation on lending 3 years ago"
Actually McCain said he did not see the sub-prime crisis coming, just like he said he did not see the Internet bubble coming before they, just like he said he doesn't know anything about the economy. The Republicans are now making up stories about how McCain is somehow qualified to deal with our economy. McCain's answer to the current crisis was to deny it, then to say we should have a commission, which is ridiculous because a commission takes years to decide on anything while we need action now. McCain is really weak on the economy. That is the truth.
Sopal
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Sopal
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I haven't said that Democrats blocked it, because I don't know the details, and can't look it up right now because the site is down.
The facts remain that the president saw it coming and tried to correct it, and so did John McCain and at least 2 other Republican co-sponsors of the bill.
We are looking for a new leader. One of the men applying for the job had the foresight to try to stop this debacle. One of them took money so that the regulators would stay off the backs of his friends. That is all provable.
I hope that ALL people who are complaisant in this are PUT IN JAIL. I don't care what party they belong to.
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