Write a bill that profits drug companies and hospitals, while making the entire health-sector more dependent on government — then go to work as a lobbyist or “policy advisor” for those very companies.These rent seekers know that government is the royal road to riches.
That’s what Democratic staffers did and are doing with regard to health-care reform. I call it “The Great Health-Care Cashout,” and we’ve been tracking it here.
The latest public servants to parlay “reform” to riches are Connie Garner and Stacy Sachs, both of whom are joining Foley Hoag, a lobbying firm that represents the leading drug companies (which were the biggest winners from “reform.”)
Garner, a policy director at the Senate Health, Education, Labor & Pensions (HELP) Committee, was a chief of author of the portion of “reform” known as the CLASS Act, which provides government insurance for long-term care. This measure kills the private long-term-care insurance market, but it subsidizes long-term care businesses, which, of course, supported the measure.
Wednesday, July 21, 2010
The Great ObamaCare cashout: Two more ‘reform’ authors go to K Street to represent Big Health Care
The Washington Examiner reports: