Public option FAIL works as designed: Yves nails it, totally
Yves here. The Administration signaled very clearly it that the public option was a mere trading chip. How? They called it….the “public option”! It’s an incredibly lame name, not the sort you’d ever use if you were serious about rallying public support. This is an Administration very attuned to marketing and positioning (the headfake HAMP mortgage mod program had its own logo and website as soon as it was launched, and consider the clever branding of the empty “stress tests”).
Double fucking pony bonus bingo.
And it takes an econoblogger, blogging like it's 2003, to say call the bullshit, and not some clapped out access blogger servicing whichever faction of whichever legacy party. What does that tell you?
NOTE Do read the whole thing: It's titled DC For Sale: Health Care and Financial Services as Case Studies.