Industry Spends Big Money in Insurance Commissioner Race

President Obama's healthcare reform could make a big difference for the state Insurance Commissioner elected in California next month. But Republican Mike Villines and Democrat Dave Jones have different ideas about how much new regulation should be imposed. Villines is getting indirect contributions from the insurance industry. What about Jones and trial lawyers who take insurance companies to court? Also, a new leader for LA County's troubled health department. On our rebroadcast of today's To the Point, in November election campaigns, both parties are blaming China — in different ways -- for America's declining economy. Would new policies make a difference? Is it time for a trade war, or is the US responsible for its own problems? We hear some campaign commercials and some analysis.

Banner image: (L to R) Democrat Dave Jones and Mike Villines, candidates for California Insurance Commissioner