Monday, September 14, 2009

He supports the health care option that doctors prefer

When polled, "nearly three-quarters of physicians supported some form of a public option, either alone or in combination with private insurance options," says Dr. Salomeh Keyhani. She and Dr. Alex Federman, both internists and researchers at Mount Sinai School of Medicine in New York, conducted a random survey, by mail and by phone, of 2,130 doctors. They surveyed them from June right up to early September.
Most doctors — 63 percent — say they favor giving patients a choice that would include both public and private insurance. That's the position of President Obama and of many congressional Democrats. In addition, another 10 percent of doctors say they favor a public option only; they'd like to see a single-payer health care system. Together, the two groups add up to 73 percent.

He acts to create financial stability and control greed

Calling for "strong rules of the road" to guard against systemic risks, Obama called for closing the loopholes and giving regulators more authority.

"We'll create clear accountability and responsibility for regulating large financial firms that pose a systemic risk," he said.

"While holding the Federal Reserve fully accountable for regulation of the largest, most interconnected firms, we'll create an oversight council to bring together regulators from across markets to share information, to identify gaps in regulation and to tackle issues that don't fit neatly into an organizational chart," the president said.

The third part of the president's proposal is to strengthen international cooperation to spur global demand and address the underlying problems that caused the recession.

"Taken together, we are proposing the most ambitious overhaul of the financial system since the Great Depression," he said.