ObamaCare Clusterfuck: Corruption in the White House, as we meet our old friend Liz Fowler
Wall Street investors hungry for advance information on upcoming federal health-care decisions repeatedly held private discussions with Obama administration officials, including a top White House adviser helping to implement the Affordable Care Act.
The private conversations show that the increasingly urgent race to acquire“political intelligence” goes beyond the communications with congressional staffers that have become the focus of heightened scrutiny in recent weeks.
White House records show that Elizabeth Fowler, then a top health-policy adviser to President Obama, met with executives from half a dozen investment firms in 2011 and 2012. Among them was Kris Jenner, a stock picker with T. Rowe Price Investment Services who managed its $6 billion Health Sciences Fund.
Of course it's corruption. What else would Fowler and the investors be doing but trading information? Comparing their autographed portraits of Our President?
For those who came in late, Fowler crafted ObamaCare for Max Baucus as his chief of staff on secondment from Wellpoint. Then she moved into the administration as deputy director of the Office of Consumer Information and Oversight at HHS, which is "charged with helping implement many provisions of the Affordable Care Act," including especially oversight of the state exchanges. And after that Fowler cashed in at Big Pharma (J&J).
All quality work. But sheesh. It's business as usual to cash in. It's not so usual -- right? -- to throw tips to the hedgies right in the White House.