Obama to drop “Public Option.”

http://news.yahoo.com/s/ap/us_…

WASHINGTON – Bowing to Republican pressure, President Barack Obama’s administration signaled on Sunday it is ready to abandon the idea of giving Americans the option of government-run insurance as part of a new U.S. health care system.

Facing mounting opposition to the overhaul, administration officials left open the chance for a compromise with Republicans that would include health insurance cooperatives instead of a government-run plan. Such a concession would likely enrage his liberal supporters but could deliver Obama a much-needed win on a top domestic priority opposed by GOP lawmakers.

So a direct government takeover and socialized medicine appears to be off the table for now.  The new “health insurance cooperatives” would be the same thing to the health insurance industry as Fannie Mae and Freedie Mac are to the banking industry.  They are still bad, just not overt socialism.

Still, today is a big win for the good guys.

MORE BELOW THE FOLD….

Failed by Republicans?  Well, not really.  Not the GOP representatives in the House and Senate anyway.  Yes, they were on our side for this one but had no more ability to fail this bill than they did to fail the “Stimulus” bill.  They just don’t have the numbers.

The real reason it failed was because so many Democrats are against it.  Some “blue dogs” are concerned over the price tag and increasing deficits.  Freshman congressmen are running scared of their own constituents.

Why?  Obama tried really hard to avoid all the pitfalls and failures that Clinton fell into in 1993.  They reviewed the playbook and came up with a completely different plan.  Even the AMA was on board this time.  The only “problem” is that the American people still don’t want socialized medicine.  H.R. 3200 as it was written is now dead.

Congratulations to all the people who attended the town halls.  You voices were heard.  You won the day.  Thank you.

About Mike "DD4RP" Rossettie