President Obama complains about Income Inequality. How about your Cronies? - Granite Grok

President Obama complains about Income Inequality. How about your Cronies?

We all know that President Obama hates rich people (“I do think at a certain point you’ve made enough money“) and he sees “income inequality” as something to be done in additional to use as a political campaigning club.  Instead of trying to lift up the poor, he’s all about redistribution in a retributionist fashion – take from the rich and middle class and give it to the poor.  Well, he could take from these folks – looks like they’ve done VERY well and ought to be ripe for the plucking answering the call to “give a little more”.  From Big Government:

  • UnitedHealth Executive Vice President Anthony Welters raised over $500,000 for Obama in 2012. Wall Streeters expect UnitedHealth stock to rocket 40% over the next two years. UnitedHealth “also won big contracts to help implement the [Obamacare] rollout.”
  • Obamacare winner Qualcomm has a subsidiary called Qualcomm Life that Schweizer says is “specifically designed to profit off Obamacare exchanges.” Qualcomm former Chairman Irwin Jacobs raised over $500,000 for Obama’s campaign in 2012.
  • HBJ Investments chief Jay Snyder bundled over $500,000 for Obama’s campaign. HBJ invests in healthcare medical companies and pharmaceuticals and is “positioned to cash in on Obamacare.”

  • Obama bundler David Friedman helped pump over $500,000 into Obama’s 2012 campaign coffers. Friedman, who founded Sandy River Health Systems, is “poised to do well” with Obamacare’s requirements that will boost his company’s nursing homes and long-term care businesses.
  • Vice President Al Gore and his business partner David Blood’s Generational Investment Management has put over a quarter of its portfolio in healthcare investments. “Predictably, Blood bundled more than $500,000 for Obama in 2012.”
  • Obama bundler Robert Pohlad bundled $500,000 for Obama’s 2012 election. His company, Pohlad Companies, which has a subsidiary called Arcadia Solutions, is a software company that is selling software to hospitals and doctors affected by Obamacare.
  • Alexa Wesner bundled over $500,000 for Obama’s 2012 presidential campaign. Wesner works for Austin Ventures, which “has big stakes in Emerus Hospital Partners, which offers software to the health care industry. It also has holdings in Explorys, which “hopes to leverage big data in the health care sphere.”
  • Former Rep. Earl Pomeroy (D-ND), who served on the powerful House Ways and Means Committee where he oversaw healthcare and tax policies, signed up with Alston & Bird in 2011.
  • Yvette Fontenot, former legislative adviser to Sen. Jay Rockefeller (D-WV), who joined Avenue Solutions, a four-woman Democratic lobbying firm that bags nearly $3 million a year.
  • Dora Hughes, former senior counsel to Obama Health and Human Services Secretary Kathleen Sebelius, who signed up last year with Sidley Austin law firm to provide “strategic policy advice.”

As you can tell, I’m not shedding tears over these folks that are getting exactly what they deserve as Obama is now treating them as the main reasons why Obamacare is not doing well.  Well, live by cronyism, die by cronyism.

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