Bill Moyers' Journal: Gretchen Morgenson on banking reform; John Nichols, Terry O'Neill on health insurance reform
From Moyers' blog, The Unbearable Lightness of Reform, in which he and Michael Winship point out how little reform there is and how much government protection of private for-profit health insurance companie, hospitals, and PhRMA.
The essay opens with this trademark Moyers' reference:
That wickedly satirical Ambrose Bierce described politics as "the conduct of public affairs for private advantage."
Bierce vanished to Mexico nearly a hundred years ago - to the relief of the American political class of his day, one assumes - but in an eerie way he was forecasting America's political culture today. It seems like most efforts to reform a system that's gone awry - to clean house and make a fresh start - end up benefiting the very people who wrecked it in the first place.
Which is why Bierce, in his classic little book, The DEVIL'S DICTIONARY, defined reform as "a thing that mostly satisfies reformers opposed to reformation."
Per the intro blurb, John Nichols sees the bill as overall a step forward, one from which the nation cannot go backward. Terry O'Neill is not as optimistic:
"My organization looked at the entire bill at the end of the day when it was passed. And we concluded that on balance, despite the good things that are in the bill, the bill actually is bad for women."
And health insurance is not the only reform gone squishy under Obama and the Dems: there's also "reform" of the financial sector. Uh huh.
The Repubs are working very hard to regain the most donations from the Big Banksters:
So wouldn't it have been fascinating to have been a fly on the wall earlier this year when Boehner sat down for drinks with Jamie Dimon, the CEO of JPMorgan Chase? Reportedly, he invited Dimon and the rest of the financial community to pony up the cash and see what good things follow.
According to THE WALL STREET JOURNAL, Republicans already were receiving an increasing share of campaign contributions from the Street. In the game of reform, it's the political version of loading the dice.
Always good stuff on Moyers' Journal.
Where will we find anything like this when he's off the air? Word is John Meacham will be brought on to host...something squishy and middle of the center right....
Anyone know the final broadcast date?
Tonight at 9PM in the NYC area, 7PM Sunday evening. Check local listings, etc.