Presidential hopeful John McCain had a Homer Simpson like week, one with seemingly unending bad luck. It closed with John's reiterating his call for private Social Security accounts while citing America's financial innovation as a model for health insurance change. McCain wrote:
"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."
Financial innovation led to the current meltdown and up to $2 trillion taxpayer bailout. Sure John, that's the tonic for my retirement and health care coverage...
"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."
Financial innovation led to the current meltdown and up to $2 trillion taxpayer bailout. Sure John, that's the tonic for my retirement and health care coverage...
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