[lbo-talk] Why they fight against it so hard

[Sheldon]

On Mon, May 11, 2009 at 10:59 PM, Michael Pollak <mpollak at panix.com> wrote:
>> But if you read it against the grain, it's kind of cheering: it implies that
> the reason politicos like Max Baucus are being so extremist in their
> attempts to foreclose the public option is because the insurance companies
> are scared to death that competition between private and public would
> rapidly lead to their demise.
>
> What an encouraging view!  I hope they're right.
>
> Michael
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>

Well I have no doubt you are correct that for profit insurance
companies are scared to death that a decent public plan could
significantly cut into and put them out of business eventually.


>From the editorial:

 "In general, he suggests that a public plan should have to comply
with the same rules and standards as private plans."

However, I take this to mean that the compromise they come up with
will mean a public plan so shitty that their business will be saved.
People will have to demand the better.

Sheldon