The federal government would give money to the states. States would be able to negotiate at local rates. It's not Medicaid. People didn't want it to be Medicaid in Washington, either.
It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.
Dr. King's leadership reaffirmed the promise of our democracy: that everyday people, working together, have the power to change our government and our institutions for the better.