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Politics : View from the Center and Left

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To: Lane3 who wrote (131757)2/28/2010 11:15:18 AM
From: JohnM  Read Replies (2) of 541370
 
Now you can disagree with me on where Medicare or the exchange would sit on that continuum between private insurance industry and the NHS, just how close it is to NHS. But I don't see any way you can reasonably claim that the companies that will be players in the exchange are performing as a "private insurance industry."

Banking regulations were much tighter than they are now. It was a reasonably private industry then. The food industry is reasonably private but it's regulated, thank heavens. The drug industry, ditto. Regulation hardly converts private to public.
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