Socialist Party Opposes Democrats' Health Insurance Industry Bailout

From the Memphis Socialist Party:

March 22, 2009- Co-chair of the Socialist Party USA, Billy Wharton, opposes the healthcare bill passed yesterday by the House of Representatives and scheduled to be signed into law by President Barack Obama on Tuesday. Wharton’s opposition is based on the belief that this bill is not a reform. Instead, it is a corporate restructuring of the health insurance industry created to protect the profit margins of private insurance companies.