Michele Swenson, of HuffingtonPost.com, writes:

The excesses of the health insurance industry resemble those of Wall Street and the subprime housing market, typified by privatized profits for insurers and socialized risk for taxpayers and consumers. It’s called gaming the system for profit – whether it’s Wall Street investments in dubious credit instruments for massive short-term gains, or the health insurance profiteers taking record gains while shifting an increasing burden of risk to consumers and taxpayers.

Read the full article: Like Wall Street, Current Health Care Policy Privatizes Profit And Socializes Risk.

1 Comment

  1. bernhardbx on July 22, 2011 at 10:50 am

    Yes, thank for the data a million! Ought to find anybody organizing Tea Party. I wants to participate in organizing.

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