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

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  •  not for the CEOs (0+ / 0-)

    Making profits isn't a class solidarity issues; it's rational business behavior, not solidarity.

    Standing up for other business CEOs like the insurance company CEOs when it's not in your best business interest is class solidarity.  Yes, it's strange, but why else didn't companies like GM support health reform years ago?  It was in their business interest.

    Just because class solidarity exists for many CEOs doesn't mean it exists for all rich people.  Pelosi and Kennedy are class traitors, just like FDR.  

    "At the end of the day, the public plan wins the game." Sen. Ben Nelson

    by ferg on Wed Jul 29, 2009 at 09:14:36 AM PDT

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    •  That analysis doesn't mesh with behavior. (0+ / 0-)

      Companies constantly cut each other off at the knees, and CEOs cut other CEOs off at their knees.

      As to GM and years ago, you must remember that they have

      a: a union contract WRT health benefits, and
      b: years ago and today are different animals.  Health benefit costs have been climbing at twice the cost of everything else.  They used to be much more manageable, especially for a big comapny like (the old) GM.

      There's a good question of whether anybody considers it important to do health care reform in a way that will benefit business, but I understand that some employers are already behind it -- including, if I recall correctly, Wal-Mart.

      Free speech? Yeah, I've heard of that. Have you?

      by dinotrac on Wed Jul 29, 2009 at 09:26:48 AM PDT

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