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Barack Obama has surrendered on the public option.

Posted by: Dennis the Peasant | August 16, 2009 at 01:38 PM

Wrong again.

Dennis wasn't wrong Mark, you have misplayed what he said...

Still a train wreck.

Neat trick for the Messiah,turning wine into water.

Mark-

Go listen to Big Kathy's interview and tell me I got it wrong. Obama doing a walk-back yesterday afternoon doesn't make what I said yesterday morning are error on my part.

In any event, it's hardly inspiring for the troops to have the White House issue thoroughly limp denials.

Here's what Obama was getting at though it's probably too "nuanced" for any of you. He was pointing out that everybody focuses on the public option bringing down insurance prices when in fact it's only a sliver of the bill that works to do that.

The new regs that will force real competition in the health insurance market: the exchange, (as opposed to the government protected monopoly racket we have in most states now) and the lower insurance company costs that'll come about from making their most egregious practices illegal, will necessitate they cut out of whole lot of actuaries who deny care and an army of file fudging nitpicking clerks who make patients' and doctors' lives miserable.

Plus paying for best practices for best medical outcomes on the provider side instead of fee for service will result in lower costs for insurance companies too.

It changes health insurance from a racket which is a cancer on American society and industry into what it is supposed to be, a true free market checked by protections for the consumer, the tax payer and business. Insurance companies will see their cost of doing business go down, they'll have access to 50 million new customers, so they'll be able to make money in competition with the public plan if they don't invest all our premiums in stupid stuff like mortgage backed securities full of Alt ARMs.

That's why the CBO says by 2019 only 4% of Americans will be covered by the public plan and 96% will be covered by for profit insurance companies.

Mark, you are remarkably limber.

You manage to follow Obama's every contortion, no matter how difficult.

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