Industry Cash-Roots Have Turned Health Reform into Taxpayer Ripoff

The Los Angeles Times reports that the health insurance industry has "rallied its lobbying and grassroots resources so successfully in the early stages of the healthcare overhaul deliberations that it is poised to reap a financial windfall.

No

Bank Looting Bonuses Reported--Will the SEC Awake from Its Slumber?

A short time ago, New York Attorney General Andrew Cuomo released a report focusing on the bank bonuses paid out by the biggest banks in 2008, the same year they were bailed out by federal taxpayers. The report notes that in many instances the bank bonuses exceeded bank profits, the implication being that taxpayer dollars were being used to subsidize the salaries of the ace banking executives who created the financial crisis in the first place.

Wendell Potter Warns: Co-op Kool-Aid Is Bad for Your Health

I'm beginning to think that the Kool-Aid being served at meetings of the Senate Finance Committee's soon-to-be infamous Gang of Six is coming from either fantasy land or the health insurance industry.

For those of you who might not be following the sorry machinations of health care reform in the Senate Finance Committee, the Gang of Six is a group of three Democrats and three Republicans hand-picked by Committee Chair Max Baucus, who is one of the three Democrats. The gang meets often, supposedly drafting a bipartisan bill. In reality, if such a bill emerges, it will be a gift to the insurance industry because the gang includes some of the industry's best friends on Capitol Hill.

Pages

Subscribe to PR Watch RSS