health insurance bailout

Wait, you're just figuring this out now?

Finally, some are beginning to see the FAIL in front of their eyes. But I must say, what the hell took you so long? First, the Obama "reform" fiasco should have been obvious since last year when he did everything from repeatedly calling his plan "universal health care" when it obviously wasn't to demonizing universal mandates, including running Harry & Louise ads. But if that wasn't enough (and it should have been!) Obama also kneecapped single-payer from the beginning of his "reform" efforts as president. Why else would he do that unless health care wasn't what he was fighting for?

A quick review of what has survived an unbecoming process of deal making exposes the dismaying reality. For starters: no public plan; no wealth tax to help pay for cost incurred; no right for the government to bargain with Pharma on drug prices; no meaningful enforcement mechanisms to ensure that vested, for profit interests comply with whatever undertakings, explicit or tacit, that they have made. What do we gain? Not much. A commitment that everyone must be insured, yet with a much weakened employer mandate to accomplish it. An elimination of the most egregious practices of insurance companies re. e.g. pre-existing conditions, arbitrary termination of coverage. Some small subsidies for the working poor. These last are minimal. Someone earning $20,000 a year will get no subsidy unless insurance premiums reach $2,400 -- according to the Finance Committee bill. Good luck all you folks who work for $10 an hour -- you'll need it.

Helen Thomas to Gibbs: Your FAIL is showing

To be fair to the Obama administration, it's clear their top priority is saving corporate profits so it's not "technically" a FAIL from their point of view.