Corporate Accountability and WorkPlace

Economics, immigration, worker rights, and the global economy. Comprehensive coverage on Corporate Accountability and WorkPlace here.

Goldman Sachs Report: Watered-Down Senate Health Bill a Windfall for Big Insurance
Posted by Igor Volsky, Think Progress on November 13, 2009 at 3:55 PM.

The Huffington Post’s Sam Stein reports that Goldman Sachs (in the course of performing “God’s work“) did a report analyzing the impact of health reform on Cigna, Aetna, WellPoint, UnitedHealth and Humana. While Stein concludes that insurers would profit from undermining health care reform, the report also points out that a more “centrist” version of the Senate Finance Committee (SFC) legislation would lead to the highest “aggregate revenue growth” for the insurance industry:

Should lawmakers further water-down the SFC bill, the industry will stand to profit, the report implies, suggesting that the “bull” case scenario is a reform package that brings in millions of new government-subsidized customers without requiring the industry to pay any new taxes. Industry revenue would grow 6.9% from “more moderation of provisions in the current SFC plan or as a result of changes prior to the major implementation in 2013,” the report states. The report therefore suggests that the insurance industry may actually prefer watered-down reform over nothing. The Wonk Room has more. (Chart courtesy of FDL)

Politico Trivializes Rape by Gov Contractors, Spins Franken Amendment as Partisan Attack (Obsenity-Laden Rant Alert)
Posted by Thers, Whiskey Fire on November 13, 2009 at 2:53 PM.

Here is why I dislike the American Political Insider Press, and by "dislike," I mean, "want to toss into a vat of shark-infested sulfuric acid." It is because of this class of thing from The Politico.

When Al Franken ran for the Senate last year, the former “Saturday Night Live” star had to reassure skeptics that the fierce partisan attacks he lobbed at Republicans as an author and radio host wouldn’t define his style as a legislator. 

But because of one of his first pieces of legislation, Democrats now have their most brazen attack line of the emerging 2010 campaign season: that Republicans are insensitive to rape victims. 

The charge stems from a Franken-sponsored amendment that would prohibit the Department of Defense from contracting with companies that require employees to resolve workplace complaints — including complaints of sexual assault — through private arbitration rather than the courts. 

Only in the god-blighted shitworld of the horrible fuckassed American Political Insider Press is it possible to even fucking think for a motherfucking minute that it's Playing with Partisan Dynamite to argue that the American government should not negotiate expensive contracts with companies that shield rapists. What the fuck? What the motherfucking fuck?

Read the rest of the post on the flip side »