Posts Tagged ‘United Health’

Wynton Hall

EXCLUSIVE DOCUMENTS: The Kerrys’ Curious Stock Trades

by Wynton Hall

BigGovernment.com has obtained records of Massachusetts Democrat Senator John Kerry and his wife Teresa Heinz’s stock portfolios that show almost perfectly timed pharmaceutical stock trades during the Obamacare debate, which fattened their already enormous personal fortune.


The documents further support allegations of suspicious trading leveled during Sunday’s 60 Minutes report about the explosive new book by investigative reporter and Breitbart News editor Peter Schweizer, Throw Them All Out.

Sen. John Kerry’s position on the powerful Senate Finance Committee’s Health Subcommittee gives him direct access to critical information regarding health care policy. In July 2009, pharmaceutical industry representatives met with key members of Congress to flesh out the Obamacare bill. Then, in November 2009, with the bill’s passage was looking more likely, the Kerrys’ portfolios reflect a drug stock buying spree.

First, $750,000 worth of stock in drug maker Teva Pharmaceuticals was added to their portfolios at around $50 a share. Once Obamacare passed, the value of the stock rose to $62 per share. Subsequently, in 2010, a portion of Teva holdings was dumped from the Kerry portfolio, resulting in tens of thousands of dollars in capital gains (exact profits are unclear because politicians are only required to report ranges, not exact dollar amounts). (more…)

Joel B. Pollak

False Populism, Real Profits for Rep. Jan Schakowsky (D-IL)

by Joel B. Pollak

The third step in Robert Creamer’s ten-step plan for imposing universal health care on America, according to his prison memoir, is to attack the private insurance industry: “Our messaging program over the next two years should focus heavily on reducing the credibility of the health insurance industry and focusing on the failure of private health insurance.”

Accordingly, Creamer’s spouse, Rep. Jan Schakowsky—whose campaigns Creamer has assisted through his Strategic Consulting Group—declared at a rally for health care reform in April 2009 that she would “put the private insurance industry out of business.”

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