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View Diary: The libertarian Democrat, revisited (229 comments)

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  •  Most of us are unhappy with the deal Rahm (1+ / 0-)
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    made with the Health insurers and Big Pharma and believe that the people would be on our side if we squeezed more savings out of them.  But the truth is we don't know just how bad things may have been if they spent as if their very existence was on the line.  They spent millions as it is, but if they profits would have been halved or less, would they have been able to destroy any chance of passage?

    Umm, that's PRESIDENT Obama and SENATOR Franken, mr. o'reilly.

    by filby on Sun Jan 17, 2010 at 07:53:40 PM PST

    [ Parent ]

    •  Taking the Bull by the Tail (0+ / 0-)

      I don't have a problem with the WH making a deal with the healthcare industry bigwigs. What I have a problem with is that they didn't sell them out when they got to the final bill.

      This is a futile exercise if it doesn't produce a system with at least a public option in it. We have to cut corporate waste or we have no hope of getting to affordable, universal healthcare. If you don't have the political will to make progress on that, why bother? Just tell people you will add some regulation so that people with pre-existing conditions can get coverage and that prohibits rescissions and leave it at that.

      A better deal to make with them is to offer to buy them out. If I were making the deal it would be this:

      Dear Insurance Company:

      We are going to pass healthcare reform and it will significantly impact your profits. But, for a limited time only, we are making you an offer to buy you out at par. Take it or see your profits tank.

      Nice knowing you,

      The Prez & Congress

      You just buy them out and convert their operations to the "public option". Why would they complain? They are getting their investment money back and they can put it into stock in a legitimate company. If they don't go along, then they run the risk of being the last for-profit healthcare insurer in the country and not being able to compete with the public system. In which case they lose their investment.

      But then, we are talking about politicians, aren't we? If they had any business sense, they'd be making a ton of money on Wall Street.

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