ObamaCare, Corporate Welfare, & Revolving Door Lobbying

President Obama fashions himself a scourge on special interests, yet the corporate and union lobby influence is ubiquitous in his “hallmark” legislation, the Patient Protection and Affordable Care Act. In this podcast Timothy Carney, formerly of Human Events, protege to the legendary journalist Bob Novak, and now Senior Political Columnist for the Washington Examiner, exposes the features in ObamaCare that benefit the well-connected special interests at the expense of American citizens as a whole. Drug company and big insurance lobbyists “at the table” extracted corporate welfare trophies like limits on HSA drug purchases to prescription, rather than over-the-counter, drugs and not to mention the individual mandate to buy health insurance. And now that the bill has become law, the Congressional staffers that wrote the bill have fled their government jobs for the “Great Health Care Cash-out” to lobby for corporate-friendly implementation regulations of the provisions of the PPACA.