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View Diary: Wall Street loves news of fading public option (146 comments)

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  •  Insurance reform IS what we need, but . . . (0+ / 0-)

    not the insurance reform that the health insurance companies want.

    •  Dean's point, as I understand it, (2+ / 0-)
      Recommended by:
      sapper, Mr MadAsHell

      is that insurance reform will prevent ins. cos. from denying for things such as pre-existing conditions and dropping sick people from their policies.  However, real healthcare reform would include a public option, to provide incentive for insurance companies to play fair and to provide affordable healthcare for all.

      So, not that the above reforms aren't good, they are really a sop to the massive problems we have with healthcare.  And just using these reforms won't change the system, just tinker with it.  We need a massive change.

      Criminal Investigations MUST TAKE PLACE into the Bush Administration's Policies and Practices of Torture!

      by SeaTurtle on Wed Jul 29, 2009 at 07:29:53 AM PDT

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      •  Most of the reforms are only for new policies.. (1+ / 0-)
        Recommended by:
        Pescadero Bill

        which will be more expensive.. People who are currently employed will be grandfathered in, so until they change jobs, the new rules would not apply to their plans.

        Individuals would have to buy individual policies, I dont think its clear how much the rule changes effect existing individual policies, although they are getting huge price rises so maybe the new rules do apply to some.

        The government cant make private firms lose money, no matter what. So, they will always have the upper hand.

        Health insurance premiums are projected to consume one third of family income by 2010, and all of it by 2025 (Am Fam Physician. 2005;72:)

        by Andiamo on Wed Jul 29, 2009 at 08:06:49 AM PDT

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        •  the facts say COMPLETELY otherwise: (0+ / 0-)

          The government cant make private firms lose money, no matter what. So, they will always have the upper hand.

          The whole Wall Street debacle and now the collapse of geniune healthcare reforms suggests completely otherwise:

          Congress IS OWNED.  Pure and simple.

          No anti-trust laws.  Nothing.

          Criminal Investigations MUST TAKE PLACE into the Bush Administration's Policies and Practices of Torture!

          by SeaTurtle on Wed Jul 29, 2009 at 09:28:37 AM PDT

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          •  Oh Wow, Andiamo, I misread your post (0+ / 0-)

            and I apologise.

            I thought you said that the 'govt CAN make private firms....." etc.  

            Sorry, my response obviously was misplaced.

            We are in agreement.

            Criminal Investigations MUST TAKE PLACE into the Bush Administration's Policies and Practices of Torture!

            by SeaTurtle on Wed Jul 29, 2009 at 09:52:39 AM PDT

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            •  Thats okay, we're only human.. (0+ / 0-)

              I do that too, all the time.. Its just a stressful situation, this issue.. Its really terrible, the stress they are putting people through.

              The politicians are in their dream world while Americans are slowly drowning, economically.

              by Andiamo on Thu Jul 30, 2009 at 08:52:00 PM PDT

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    •  There is no such thing as insurance reform (2+ / 0-)
      Recommended by:
      Samer, SeaTurtle

      that will matter.

      For one, insurance companies are in it to make money. They will always find a way of working around the regulations government puts in place.

      Secondly, you can't force insurance companies to lose money. If they start to lose money, they'll bail out of the business.

      Thirdly, having regulations in place that assure insurance companies profit is both a waste of money that could be going to healing people, and an open door for insurance company abuse.

      A public option is a must. If they fail to deliver a legitimate public option, the legislation will be a failure.

      I think Obama realizes that, but is up against a Congress that has decided to take a firm stand against the wishes of the Executive.

      Imagine that, a Congress exercising its dominance over legislation after 8 years of it being Bush's blow-up sex doll. What does that say about how much work still needs to be done in the Democratic Party?

      To whom it may concern. Waterboarding is torture. Torture is illegal. Sincerely, A. No Brainer.

      by Pescadero Bill on Wed Jul 29, 2009 at 08:16:34 AM PDT

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      •  PBill, until we get public campaign financing (1+ / 0-)
        Recommended by:
        Pescadero Bill

        and regulations on lobbyists that have some teeth; its like 'pissing in the wind', imo.

        The Congress is owned.

        The Congress is owned.

        The Congress is owned.

        Period.

        Criminal Investigations MUST TAKE PLACE into the Bush Administration's Policies and Practices of Torture!

        by SeaTurtle on Wed Jul 29, 2009 at 09:30:51 AM PDT

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        •  I know, that's why I think it's important to call (1+ / 0-)
          Recommended by:
          SeaTurtle

          anything short of a bill with a strong public option a failure.

          We can't let them pull off anything else like it was some kind of major victory throwing a smokescreen in front of the real issues.

          We must call it a failure and proof of government capitulation to corporate interests once again.

          To whom it may concern. Waterboarding is torture. Torture is illegal. Sincerely, A. No Brainer.

          by Pescadero Bill on Wed Jul 29, 2009 at 11:32:19 AM PDT

          [ Parent ]

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