Tuesday, September 22, 2009
The Latest in the Law Of Unintended Consequences
"The way it looks right now, people are going to be taxed, or they're going to pay fees, call it what you will, to help the insurance companies to acquire more customers. That's sort of the bottom line right now, without a public option or anything like that... when Karen Ignani, who's a terrific lobbyist, ends up being the main winner for the health insurance industry in this whole thing, that's a sign that this whole thing could fall apart. Mark my words." -- Howard Fineman on MSNBC's "Countdown" tonight.
And then, to underscore liberal discontent with Max Baucus's "mark," guest host Lawrence O'Donnell cited a White House report showing that health insurance company premiums had risen three to five times faster than the rate of inflation. And then he ran a clip of Joe Biden denouncing the insurance companies.
And O'Donnell told Wendell Potter that "This bill is likely to die of its own weight."
Posted by James P. Pinkerton at 10:46 PM