marks the location of current message within threadThe Ad: We've seen what Bush-McCain policies have done to our economy. Now John McCain wants to do the same to our health care. McCain just published an article praising Wall Street deregulation. Said he'd reduce oversight of the health insurance industry, too. Just "as we have done over the last decade in banking." Increasing costs and threatening coverage. A prescription for disaster. John McCain. A risk we just can't afford to take.
An article in the obscure journal Contingencies, published under McCain's name, says: "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."
In the article, the Arizona senator certainly sounds like the strong advocate of deregulation he has always been. And the timing makes McCain sound like he is defending the loosening of federal rules on banks, now widely blamed for the Wall Street turmoil that has led President Bush to propose a $700 billion bailout of the banking and credit industries
