Sorry, but I just don't think we can have this both ways...we can't, on the one hand, rail against the economic tyranny of the giant corporations, and on the other hand, spew forth praise about the individual mandate of the Patient Protection and Affordable Care Act.
It seems hospital stocks jumped after the Act passed...hmm, wonder why.
Here's an interesting paragraph citing some reactions to the Mandate...
Writing in the Huffington Post, Michael Moore criticized mandates as part of a "massive government bailout for the insurance industry." On FireDogLake, Jane Hamsher called it "lemon socialism." Consumer Watchdog (CWD) writes, "Requiring people to buy unaffordable and unreliable insurance policies is not the solution to the health care crisis;" CWD's John Simpson added, "Mandating that everyone must buy insurance from private companies simply guarantees huge profits for the industry." Interviewed on Democracy Now!, Ralph Nader said people are "being forced to buy junk insurance policies" and called the bill's imminent enactment "a disaster."
Folks, I earn $9.50/hr. I simply cannot afford health insurance. Since that puts me at about 200% of the federal poverty guidelines, I don't qualify for Medicaid. Under this plan, I will now be forced to hand over $1,365 a year to a private health care provider. Frankly, the only Progessives I can see supporting this plan must own stock in health care corporations.