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:
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.

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.


These rent seekers know that government is the royal road to riches.