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#1 User is offline   MTP Reggie 

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Posted 12 November 2013 - 11:35 AM

At least one group of Americans loves ObamaCare
By Peter Schweizer
Published November 12, 2013
FoxNews.com

<More Surprise Here>

Take a quick glance at ObamaCare’s busted multimillion-dollar website and the 3.5 million health insurance cancelation notices hitting American mailboxes and you might be tempted to dub the whole thing a disaster. But it’s not -- at least not for the politically-connected crony companies and big money Obama fundraisers poaching your tax dollars to fix the debacle they helped create.

As CNBC recently put it: “Thanks to ObamaCare, the health-care industry is going to get a big makeover during the coming years and venture capitalists have wasted no time looking for ways to cash in.” Put simply, ObamaCare’s complexity and catastrophic rollout create rivers of cash for Obama’s cronies.

So who are some of the winners in the ObamaCare crony capitalist giveaway?

For those on the left who thought that ObamaCare would mean large health insurance companies might get their comeuppance, they might want to look at UnitedHealth. Wall Street analysts expect the giant to see its stock price rise 40 percent over the next two years, thanks to expanding profit margins. The company has also won big contracts to help implement the rollout. Quality Software Services, Inc., a major contractor for Healthcare.gov, is a subsidiary of UnitedHealth. One of President Obama’s most reliable fundraisers in both 2008 and 2012 was Anthony Welters, executive vice president of UnitedHealth. He raised more than $500,000 for the 2012 election, according to opensecrets.org

Another big ObamaCare winner is tech giant Qualcomm. In 2011, the company created a subsidiary called Qualcomm Life specifically designed to profit off ObamaCare changes. The company offers products to securely transfer data between wireless health care devices. Thanks to ObamaCare, company executives believe that “wireless solutions are going to be looked at more prominently.” Former Qualcomm Chairman Irwin Jacobs raised more than $500,000 for Obama’s re-election in 2012.

Also poised to do well is Obama bundler David Friedman, founder of Sandy River Health Systems, which works in health care, nursing homes, and long-term care. Friedman raised more than $500,000for Obama’s re-election in 2012.

Obama bundlers who are private equity investors also stand to make a mint. Obama bundler Jay Snyder (he raised more than $500,000) heads up HBJ Investments, which was founded by his father. HBJ invests in health care medical companies and pharmaceuticals positioned to cash in on ObamaCare.

Vice President Al Gore and investor David Blood head upinvestment firm Generational Investment Management. The company may be known for backing green energy businesses, but earlier this year Generational Investment Management invested heavily in health care stocks -- a full 27 percent of the portfolio for Generation Investment Management LLP is made up of health care investments. Predictably, Gore and Blood’s firm is expected to cash in on ObamaCare. And, predictably, Blood bundled more than $500,000 for Obama in 2012.

(snip)

<More Surprise Here>
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#2 User is offline   Natural Selection 

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Posted 12 November 2013 - 11:53 AM

View PostMTP Reggie, on 12 November 2013 - 11:35 AM, said:

One of President Obama’s most reliable fundraisers in both 2008 and 2012 was Anthony Welters, executive vice president of UnitedHealth. He raised more than $500,000 for the 2012 election, according to opensecrets.org

Another big ObamaCare winner is tech giant Qualcomm. Former Qualcomm Chairman Irwin Jacobs raised more than $500,000 for Obama’s re-election in 2012.

Also poised to do well is Obama bundler David Friedman, founder of Sandy River Health Systems, which works in health care, nursing homes, and long-term care. Friedman raised more than $500,000 for Obama’s re-election in 2012.

Obama bundlers who are private equity investors also stand to make a mint. Obama bundler Jay Snyder (he raised more than $500,000) heads up HBJ Investments, which was founded by his father. HBJ invests in health care medical companies and pharmaceuticals positioned to cash in on ObamaCare.

Vice President Al Gore and investor David Blood head upinvestment firm Generational Investment Management. The company may be known for backing green energy businesses, but earlier this year Generational Investment Management invested heavily in health care stocks -- a full 27 percent of the portfolio for Generation Investment Management LLP is made up of health care investments. Predictably, Gore and Blood’s firm is expected to cash in on ObamaCare. And, predictably, Blood bundled more than $500,000 for Obama in 2012.


If you are a company executive and want some government contracts to keep your company profitable, don't waste your time trying to be the best company out there. Just start fundraising for Obama and the government work will flow your way!
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#3 User is online   mattdad 

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Posted 12 November 2013 - 12:12 PM

Move along - nothing to see here....

This post has been edited by mattdad: 12 November 2013 - 12:12 PM

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#4 User is online   Noclevermoniker 

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Posted 12 November 2013 - 01:22 PM

One percenters?
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#5 User is online   tidelady 

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Posted 12 November 2013 - 08:24 PM

View PostNoclevermoniker, on 12 November 2013 - 01:22 PM, said:

One percenters?


Bozo didn't mean those 1%ers.
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