Many of you who closely followed the national debate leading up to the Affordable Care Act of 2010 know about Wendell Potter. He’s the former VP of Communications at health insurer giant CIGNA who resigned his head PR job in May 2008 after he came to believe his job and the industry he was shielding were morally offensive.

The Federal Reserve is trying to roll up a key law that allows borrowers to challenge predatory lending. Under “rescission” rules, if a borrower can prove that a mortgage loan was created in a predatory way, they can basically nullify the bank’s right to foreclose. Under the Fed’s new proposal, borrowers would have to pay off the balance of the predatory loan before the bank loses the right to foreclose, which renders a rescission judgment virtually meaningless. The entire point is to void out a fraudulent mortgage.

Using some of the strongest language I’ve ever seen from this group, Health Care for America Now basically charged WellPoint with murder today, responding to the Murray Waas article showing that the insurance giant systematically dropped breast cancer patients from the rolls.

One reason that health care supporters have given for not wanting to go the route of reconciliation is that you would lose all of the insurance reforms and regulations that will end the practice of rescissions, the denial of coverage due to pre-existing conditions, and the price discrimination against the sick. But the bill might not be as good as people claim at policing this kind of regulation.