McCrory on Health Care: Be Like George

If there's one thing we know about how George Bush and Pat McCrory want to run government, it is this: they both prefer no hands on the steering wheel. That's exactly the kind of "leadership" that has brought us to the brink of financial ruin, and that's exactly what Pat McCrory wants to do to North Carolina's health insurance industry. NC Policy Watch breaks it down.

In other words, McCrory would allow insurance companies to sell health plans that do not meet the minimum standards currently in place. The theory McCrory is pushing is that insurance companies could sell cheaper policies that do not include “luxuries” such as hospital care for pregnant women. With less expensive options available more people could then buy health insurance.

But there are several problems with this argument. There is little evidence that minimum standards add much to the price of insurance ... and without a basic package of guaranteed benefits North Carolinians could buy slightly cheaper coverage only to find out when tragedy strikes that nothing is covered by the plan.

Liberal

Cross-posted from The Progressive Pulse

So… conservative Republican John McCain decided to resurrect the "attack them as Liberals" approach in his debate against Barack Obama. McCain stretched the truth on Friday when he said "Senator Obama has the most Liberal voting record in the United States Senate." Neocon pundit William Kristol confirmed the strategy in his column in the New York Times yesterday, stating that attacking Obama as too liberal is "How McCain Wins."

Elizabeth Dole Pushed for Banking Deregulation Days Before Collapse was Triggered

In March 2008 just weeks before Bear Stearns collapsed, Elizabeth Dole introduced legislation to reduce regulatory controls and oversight on some financial institutions. A few days later, Bear Stearns made a $2500 contribution to her campaign and a few days after making the contribution, Bear Stearns collapsed. In Elizabeth Dole: Absent Without Leave, I alluded to the fact that I had spent hundreds of hours watching video of Senate Banking committee meetings. It was during this time that I learned about Dole's desire to reduce regulations on some financial institutions.

Bye Bye, Liddy: The End of an Era - Open Thread

From MSNBC Firstread:

*** End of another era? Down the ballot in North Carolina, the Democratic hit that Elizabeth Dole spent just 20 days in the Tar Heel State in 2005 and 13 days there in 2006 might very well have been the final nail in her coffin in her race against Dem challenger Kay Hagan. Could the end of the Bush era also bring us the end of the Dole era? There has been a Dole in the Senate for nearly 50 straight years -- and either a Bush or a Dole on the national ticket going back to '72. Will Liddy Dole's potential defeat signal the true end of the two most powerful Republican families of the last 50 years?

Not so fast

There's plenty of reason for skepticism about speed in legislative deliberations. Things sneak by, despite the best of intentions.

For example, I learned from this well-researched analysis that the bail out bill would have created an option for banks to hold ZERO RESERVES against their transaction accounts.

ZERO RESERVES? Who thinks that is a good idea?

UPDATE: Not so fast on the not so fast. Another writer says reserves don't matter. Hmmmmmm.

Pat McCrory "Suspends" Campaign

In a rare move, Pat McCrory decided yesterday to tend to a crisis in the city where he is Mayor instead of continuing on the campaign trail. Earlier this year, while parts of Charlotte were under water during the floods of 2008, McCrory chose to keep his feet dry and stay away from the city at its time of crisis.

He preferred to "phone it in."

Republicans Fail to Bring Enough Votes to Shore Up American Economy [VIDEO]

I admit to thinking that the Republican leadership has to be some of the nastiest, whiniest, most asinine, most unprofessional people out there. However, when the Republicans showed up for their press conference after the failed bailout vote, I absolutely could not believe my ears. I watched in utter disbelief as John Boehner, Eric Cantor and Roy Blunt whined that they couldn't get the votes they'd committed to bring to the House today because of the speech Nancy Pelosi gave. They blamed Nancy Pelosi. They said she didn't have the leadership to get the votes.

Ground game

In addition to being a blogger here in North Carolina, Greensboro's Ed Cone also writes for one of the top Information Technology publishers, CIO Insight. This week, his work features a discussion of the differences and similarities between Obama's and McCain's ground games - specifically focused on how they're using technology. It's a four part series, and if you're interested in the future of byte-to-byte combat in elections, it's a must read.

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