Greenwald comes up with yet another blisteringly brilliant post on health care reform.
But whatever else one might want to say in favor of this health care bill — and there are compelling arguments to make in its favor — the notion that Democrats have “stood up to the special interests who prevented reform for decades” is too blatantly false, insultingly so, to tolerate. As even the bill’s most vocal supporters acknowledge, the White House’s strategy from the start was to negotiate in secret with those very special interests in order to craft a bill that they liked and that benefits them. If one wants to invoke the Obama-era religious mantra of “pragmatism” to argue that this was a shrewd strategic decision necessary for getting a bill passed, that at least is coherent (though not, in my view, persuasive). But this bill is unquestionably one of the greatest boons in recent history for the private health insurance industry and other “special interests” that have long been opposing “reform.” It’s a major advancement for the corporatist model on which both parties rely. It should lead a rational person to want to buy large amounts of stock in Goldman Sachs and Citigroup in anticipation of the upcoming “reform” of that industry. Whatever this bill is, “standing up to special interests” is not it; quite the opposite.