ObamaCare, Crony Capitalists, and GOP Governors: A Love Story
Tim Carney of the Washington Examiner exposes how large insurance companies, PHARMA (the powerful lobbying arm of the pharmaceutical industry), and other major players in the health care industry have been lobbying GOP Governors to embrace ObamaCare’s “exchanges” and expansions of the failing Medicaid program.
The fact that statists in both parties work hand-in-glove with big corporations is hardly news. It has long been an open secret that large portions of ObamaCare — including the individual health insurance mandate — were drafted in order to ensure the support of the pharmaceutical and insurance lobbies.
While the insurance companies and pharmaceutical companies rake in the loot courtesy of ObamaCare, small businesses are struggling to comply with the law’s taxes and mandates. For example, the cost of complying with ObamaCare is forcing Five Guys Burgers and Fries, a family owned business which started as a small hamburger stand in Northern Virginia and is now one of the nation’s fastest growing franchises, to raise prices and lay off employees.
Not coincidentally, many of the same Governors who are caving into the unholy Obama-Big Insurance-Big PHARMA alliance are also pushing the National Internet Sales Tax Mandate. As Campaign for Liberty President John Tate points out, the Internet Tax Mandate is yet another example of “crony capitalism,” where powerful businesses work behind the scenes to pass laws giving them special privileges — to the detriment of their smaller competitors, consumers, and the free market.