In the Sept/Oct 2008 issue of Contingencies Magazine, a publication for the Amercian Academy of Actuaries, McCain has an article titled "Better Health Care at Lower Cost for Every American." Here's what he says about health care reform:
"Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."
McCain is saying if we marketize and deregulate health care, it would yield the same success as the financial market. Given this week's fall-out, I'll bet McCain wishes he could go back and edit the article. Or given McCain's recent penchant for pandering, he'll just reincarnate himself as the great regulator of health care, like he started doing on Tuesday when talking about the economy.