What D-day says
Over on Digby's Hullabaloo, D-day has an excellent and immensely funny post:
Nobody's buying this reinvented John McCain singing the glories of government regulation of the financial markets and vowing to get the bad guys off Wall Street, are they? If they are, could you have them peek at this, from an article McCain wrote THIS MONTH for a trade publication?Why is this guy polling above 5%?!?!?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.
Here's the really good snark:
As if the health care system weren't already immoral enough, McCain wants insurance companies to come up with the same kinds of attractive "innovative instruments" that the banking industry was free to do, unencumbered by any oversight. Maybe they can create "MRI default swaps" or "collateral knee surgery obligations" or some other fun packaged security that could be sold to China. After all, why shouldn't they have a say over whether or not you get your medication?
Matt Yglesias comes up with a zinger too:
It seems that before John McCain became the Scourge of Wall Street (i.e., all times before September 18, 2008 or so) he was such an enthusiast about financial market deregulation that he was bragging about his plan to make the health care system as awesome as the financial system.Precious. That's a campaign winner, fershure.
Only the rubes will believe McSame's maverickness and his new-found claims of willingness and ability to go after those crooks on Wall Street. Too bad there's so many rubes in the Yoo Ess of Effin' Aye....