They want private health insurance to fail

Rush Limbaugh was taken to task (and taken out of context) when he said he wanted President Barack Obama to fail. The context of what he said was that if Obama pursues policies aligned with socialism, then he wants him to fail.

Listen to the crowd's reaction in the above video as U.S. Rep. Jan Schakowsky (D-IL) talks about how Obama's health care reform will not allow the private insurance industry to be competitive. Listening to the crowd, I get the sense they want the private insurance industry to fail. How many people are employed in the industry?

I guess if it is wrong to hope one man fails, then it must be a greater travesty to want a whole industry to fail and millions of people lose jobs, causing financial hardship to families and children.