Wednesday, January 13, 2010

Guess who came to dinner?

Martha Coakley, democrat candidate for the senate seat vacated by Ted Kennedy, held a fundraiser last night. Here's The Wall Street Journal:

We've argued that the leading health industry CEOs will one day be exposed as the most short-sighted business leaders in history, but how to explain the gala fundraiser that their top lobbyists hosted for Martha Coakley last night?
Amid a Beltway panic, the health lobby is riding to the rescue of the Massachusetts liberal, whose defeat in the special Senate race next Tuesday could deny Democrats the 60th vote for ObamaCare and thus maybe spare the U.S. health system from the coming damage.
As first reported by Timothy Carney of the Washington Examiner, the host committee for the fundraiser at Pennsylvania Avenue's Sonoma Restaurant includes lobbyists for Pfizer, Merck, Eli Lilly, Novartis and sundry other drug companies that have been among the biggest of ObamaCare's corporate sponsors. Other hosts—who have raised at least $10,000 for Ms. Coakley—include representatives from UnitedHealthcare, Blue Cross Blue Shield, Humana and other insurers. As far as we can tell, the insurance industry claims to oppose ObamaCare's current incarnation.
Naturally, lobbyists from America's Health Insurance Plans and Pharmaceutical Research and Manufacturers of America, the major trade groups, were on hand too. Money follows power in Washington, obviously, though this example seems especially inexplicable given that Ms. Coakley's GOP opponent, state senator Scott Brown, may be the last chance to defuse the health-care doomsday machine. But maybe someone in the press corps will bother to mention this episode the next time President Obama takes aim at the "special interests" he claims are opposing his agenda.
Against overwhelming public opposition, the only things keeping ObamaCare alive at this point are power politics and the misguided corporate cease-fire that Democrats have either coerced or bought—or is homegrown at companies like Pfizer that are deeply invested in more government control of the economy. Ms. Coakley's election would make that outcome a certainty.

Can someone please explain to me, using little-bitty words that I can understand, why it is that requiring us to spend money with these monopolist wannabes is some kind of "reform" ?

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