Well, the whole point of the public option originally was that if you’re going to mandate that people buy health insurance, then it is only a legitimate and moral thing to do if you actually provide them with a public-run program, so that the health insurance industry, which is notorious for gouging people and for engaging in all sorts of nefarious business practices, can’t use the mandate to essentially get 30 million new customers and then gouge them for profits while providing them with virtually no services. And the argument of Howard Dean and others is that this bill actually does more harm than good. The argument is not, well, since it’s not pure enough ideologically or it’s not perfect, it should be defeated; the argument is that it actually does more harm than good, because it reinforces the monopoly status of the private healthcare industry and, at the same time, forces huge numbers of Americans, many of whom will not be able to afford it, to buy products that are inadequate and that they do not want. It perpetuates the very system that supposedly was the impetus in the first place for healthcare reform to pass.

Glenn Greenwald (via azspot)

Ding ding ding! We have a winner.

Why do you think their stocks increased so much upon news that the mandate looks as if it’s going to happen?