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Gullible CNN fact check
CNN is calling "misleading" claims that McCain wants to deregulate the health care system the same way banks were deregulated.
http://politicalticker.blogs.cnn.com/2008/09/22/fact-check-does-mccain-really-want-to-deregulate-health-care/#more-19913
They base this on both McCain's explanation of his comments, and on the context of the magazine article in which the comments appear. They note that the main topic of the article involves lifting rules about doing business across state lines.
CNN gives McCain far too much credit.
1. There is no reason to believe that McCain would limit deregulation to one minor topic.
2. It is McCain himself who draws parallels between banking deregulation and his ideas for health insurance.
3. Merely removing rules about doing business across state lines hardly allows for "more choices of innovative products" - that's not the level of deregulation that created "innovative" products in the banking industry, and it's not what would do it for health care.
It is absoultely clear by the argument that McCain makes in the article that the central thrust of his argument is for a parallel development in health care to allow innovative products - and the major innovative products he is drawing parallels to are exactly the high-end derivatives, no money down mortgages, and no doc high risk investments that have landed us in the most severe financial crisis this country has faced in decades.





Comments (3)
Not to mention that McCain wants to tax individual's employer based health care benefits, which will surely become "innovative" products, as income. A health care plan to die for.
September 23, 2008 5:46 AM | Reply | Permalink
I too was dismayed at CNN for what was suggested as being false, that Obama in Florida was wrong when he discussed McCains Social Security privatization plan.
According to CNN McCains plan,, according to McCain, would not affect current or near retirees, but only the next generation of workers.
Doh! CNN can't you at least extrapolate, than any generation, could see their retirement funds disappear, just as they are now.
So what gives CNN? Are you that afraid to be labeled unfair? Can't you point out that Obama was right, to pointout McCains Plan is wrong for the workers, of any generation.
September 23, 2008 8:26 AM | Reply | Permalink
I also saw that report. In the guise of checking the facts, CNN distorted them further. So much so, that I think it was intentional.
The policies enacted by Reagan and carried forth by every president since, including Clinton, has brought the media, the Government, the whole country to the corrupt and dysfunctional state we are in today.
September 23, 2008 9:09 AM | Reply | Permalink
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