“Senate Majority Leader Harry Reid and Sen. Charles Schumer said they were amenable to considering a cooperative — perhaps in lieu of a government-run insurance plan — to compete with private insurers as part of the effort to reduce the country’s health-care costs and expand coverage to uninsured Americans. The public competitor should ‘keep the companies honest … be available right at the beginning to everybody, and have the strength to borrow,’ Mr. Schumer said. ‘If it can do those things in a co-op form, I think we’re open to it.’” (Wall Street Journal ^[1], Friday)

Possible translation: Democrats will consider a co-op so long as it has the resources to undermine the private sector.

FEE Timely Classic
“The Liberal in the Modern World ^[2]” by Towner Phelan