Archive for the 'News' Category

Insurance Companies Admit: Public Would Like Public Option

Wednesday, July 22nd, 2009

(Analysis.) Since the Democratic leadership has ignored the “Medicare for All” bill and has instead opted to keep for-profit companies in the basic medical insurance business, though in competition with a non-profit public option, those companies have focused on scuttling that public option.3031 The companies complain that, as a recent ad […]

Bush II Slowed SEC During Financial Fraud Fury

Thursday, June 18th, 2009

“It was like someone poured molasses on the enforcement division,” said one manager about the Bush II Securities and Exchange Commission (SEC) during the chairmanship of Christopher Cox.20 As financial fraud raged on Wall Street, Cox’s management slowed financial law enforcement at every stage of a case.212223 To open a case, […]

John Kerry Swats Insurance Company Bargaining Chip

Saturday, May 23rd, 2009
The debate on a U.S. national health insurance bill has ranged over three main plans: at one end, the single-payer system most favored by the people; at the other end, the all-private system favored by insurance companies; and in the middle, the public option among private options, favored by the majority Democratic leadership.x10 […]

Public v. Corps in National Health Care Debate

Sunday, May 17th, 2009

As the U.S. Congress works on a national health care bill, people have lined-up behind three main proposals. The one most favored by citizens and doctors — and many Democratic lawmakers — is the single-payer system, which would improve and extend Medicare to all persons.x1 With this system everyone chooses one’s own doctors, and […]

Band-Aid Still Stuck on Big Bailout Banks

Saturday, March 7th, 2009

In September last year, the Bush regime left behind its old refrain that “the fundamentals of the economy are strong,” and went to Congress for a quick $700B to bail out collapsing banks stuck with toxic assets.x60×61 Then-Treasury Secretary Henry Paulson called for giving himself total control of the fund and making his decisions “non-reviewable […]