Coakley in trouble? Pharma and HMO lobbyists to the rescue

Washington Examiner ^ | 1/9/10 | Timothy P. Carney

[Bryanw92]

>>Maybe in the very short term... but this POS “reform” is nothing more than the first step to government-run healthcare, which in the end, will result in their demise.

Don’t bet on that. The Corporatist Fascists and Democrat Communists will find a way for the government to funnel money into the insurance companies under Obamacare.

As usual, the people that work for a living (either by working for a paycheck or by working in their small business) will be left out of whatever “solution” the neo-feudal lords work out.

[maggief]

btt

See also:

http://www.youtube.com/watch?v=9aymXbEj5wE&feature=player_embedded

Hypocrisy: Martha Coakley Takes Money From Health Insurance Lobbyists

MASSSTATEGOP
January 13, 2010

Martha Coakley says she holds health insurers accountable, then one day later, takes money from the very same health insurance lobbyists at a Washington fundraiser.

[Tolsti2]

They understand the time-value of money stuff. It’s much better to have a windfall now than a long, sustained business plan over time. They’re hoping for a massive surge of money (which this atrocity will give them). The uppers at the companies will earn enough to live 10 generations very wealthy.

It doesn’t really matter to them if they get shut down later. The lower shlubs that work there will get screwed of course, as well as all the tax payers and people forced to pay inflated premiums.

[PapaBear3625]

However...these insurers figure that all of this mega-regulation will kill of their smaller, less well-capitalized competitors first. And then, when the dust is settled and only a about 3 health insurance companies survive, they hope to repeal a good but of the law,

Keep in mind that CEOs of a corporation seldom think beyond their expected retirement date. A solution which gets them lots of money from bonuses and stock options short term, but dooms the company long-term, is OK with most.