Friday, September 19, 2008

Reason 7,487 to Vote for Obama or Reason 7,487 to NOT Vote for McCain

As I'm sure you're all aware, deregulation has not exactly worked well for the financial sector.

Did you know that John McCain would like to deregulate the health care industry because of the fantastic successes in deregulating banking? Yes, really.

Don't believe me? Well, here it is in John's own words, in his article "Better Health Care at Lower Cost for Every American," in the September/October 2008 issue of Contingencies, the magazine of the American Academy of Actuaries:
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.
Yep, I read actuarial magazines so you don't have to. You're welcome.

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