BOMBSHELL: John Boehner Busted in Major Corruption ScandalTuesday, January 6th, 2015
While Speaker of the House John Boehner has continued to campaign against Obamacare rhetorically, saying he’ll defund and dismantle the unpopular program, his actions tell a different story.
The leader of the Republican contingent in the House of Representatives has done everything possible to avoid taking a stand on the president’s signature piece of liberal effrontery.
Now, evidence has come forward that may explain why the speaker of the House seems so reluctant to end the much-despised program.
While Boehner’s political stock has been falling because of his inaction on the Affordable Care Act, his financial stocks have been doing quite well because of government intervention in the health care industry.
Peter Schweitzer, who wrote the book “Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism that Would Send the Rest of Us to Prison,” describes Boehner’s rather cynical investment strategy.
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“He also bought shares in CareFusion, which provides systems for countering infections,” he added. “Just days later, on Dec. 15, The Washington Post declared that the ‘public option’ was officially dead.”
At least two of those stocks — Cardinal Health and Wellpoint — are up over 100 percent since Boehner’s investment. Pfizer is up over 50 percent, as well. None of the stocks is down.
Boehner’s investments would likely have been illegal under the Stop Trading on Congressional Knowledge Act, which was passed in 2012. That legislation prohibits members of Congress from buying and selling stocks based on legislative information to which the general public isn’t privy.
Well, at least we now know where the money for the tanning sessions is coming from.
While the evidence isn’t enough to get Boehner charged criminally, it should be enough to end his career as speaker.
This is the man who is tasked with carrying out the Republican agenda in the House of Representatives. Instead, it’s fairly obvious that he’s trying to make a fortune over government intervention in the healthcare industry.
While he’s making millions, ordinary Americans are losing their coverage and paying two or three times as much for health insurance.
It’s time that he lost something, too — his influence and his seat.
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