[Transcript (edited):]

The Republicans who oppose health care reform and the conservative Democrats who oppose a public option have deeply principled, philosophical objections to the concept of government insurance—except when insurance companies benefit from it.

The big arguments against the public option have been these: that the government is incapable of running an insurance plan, that the free-market provides consumers with better choices, that socialized insurance will have unfair advantages. But as Pulitzer Prize-winning journalist David Cay Johnston recently reported, these arguments do not stop some of the big opponents of socialized insurance for voting for socialized insurance when that insurance is not for the well being of people, but for the well being of property.

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