Scott Horton has a great interview with progressive journalist Greg Palast on the behind-the-scene dealings between Obama and Big Pharma. Scott defends the free market, which is opposed by Palast, but the latter agrees that the big-business-big-government program we're seeing is an example of "fascism." Obamacare will be "the worst of both worlds," Palast concludes.
Whereas Obama promised transparency in the government's dealings with the drug companies, this constitutes yet another total violation of a key campaign vow.
This also represents the corporatism inherent in any moves toward socialism in a mixed-economy. The drug and insurance companies are putting hundreds of millions into advertising on behalf of Obamacare. While some lefties have (even if out of mistaken economics) come to oppose the takeover from the standpoint that it is not socialistic enough, while certain central elements about the plan remain a mystery (public plan? no public plan? "co-ops" instead?), and while the Congressional Budget Office and others have shown Obama's proposal will fail in one of its main promised goals, to cut costs, one thing is almost a certainty: If this new piece of socialism passes, many stand to get rich from it. The biggest corporate interests will be happy, as they almost always are happy with extensions of the state into the market, as is practically unavoidable with the racket of big and bigger government.
