McCain's health care scam

By Libby Spencer


Paul Krugman finds his inner snark. From the current issue of Contingencies, the magazine of the American Academy of Actuaries, McCain on "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!

That's the first true statement to escape McCain's lips in months now.

[graphic - Huffington Post]

(Cross-posted at The Impolitic.)