Cong. Kucinich: Moment of Truth for Democratic Party – For the people’s health or insurance company profits?

Will We Stand for the People or the Insurance Companies?

By Dennis Kucinich
October 29, 2009, Washington, DC

October 28, 2009–Congressman Dennis Kucinich (D-OH) today made the following statement about the health care debate in America:
 
“Providing health care to all Americans is the moral responsibility of our government, consistent with the Preamble in the Constitution. Yet we are being told that it is not possible to have the kind of single payer health system which every industrialized democracy in the world has.

“We compromised on single payer by backing a public option, and now we are being asked to compromise the public option with negotiated rates. In conference, we will likely be asked to compromise negotiated rates with a trigger.  In each and every step of the health care debate, the insurance companies have won. If they get hundreds of billions of dollars in new taxpayer subsidies, they get to raise their premiums, and increase their co pays and deductibles, while the public is forced to pay for private insurance, then the insurance companies win big.
 
“If this is the best we can do, then it is time to ask ourselves whether the two-party system is truly capable of representing the American people or whether the system has been so compromised by special interests that we can’t even protect the health of our own people. This is a moment of truth for the Democratic Party.  Will we stand for the people or the insurance companies?”

AFL-CIO Pres. Rich Trumka To Testify in Congress Against Phony Bank Reform Bill

RichTrumka
AFL-CIO Pres. Rich Trumka

by Mike Elk

 

Campaign for America’s Future

Posted: October 29, 2009 03:07 AM

After leading the dramatic three day Showdown in Chicago at the American Bankers Association (ABA) Convention in Chicago, AFL-CIO President Richard Trumka will head to the House Financial Service Committee today to testify against proposed reform legislation that actually gives the banks more power. In a twist of irony, he literally sit down the table from American Bankers Association Ed Yingling as he testifies against the banksters.

After weakening current law on derivatives., the committee has once again weakened law in the banker’s favor. The drafted legislation concerning banks “too big to fail” which would actually lead to more bailouts over the long run.

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