Site for Free Markets and Free People

Wednesday, January 13, 2010

Healthcare Lobbyists Band Together for Coakley

The next time you hear someone telling you that the GOP is in the back pocket of drug company executives, just think of Democrat Martha Coakley in Massachusetts, who is on the verge of getting her butt whipped in a state that has a 30-point Democrat advantage. From the WSJ:

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.

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.