Henry Waxman (D-CA) and Bart Stupak (D-MI) have issued a letter to fifty of the nations largest health insurance providers asking for all manner of financial data. Allegedly, this information request was made in a fit of picque, something Waxman is famous for in addition to his nasal foliage, because the health insurance companies have been actively lobbying against a bill designed to put them out of business.
Says the Washington Post:
They requested detailed information on the compensation packages of the companies’ highest-paid employees, as well as information on the companies’ boards, conferences and events they sponsored, the profitability of the individual health-care products they sell and revenues earned through government programs like Medicare and Medicaid.
Anyone who is surprised that Henry Waxman would do this simply hasn’t been paying attention for a couple of decades. And yes, I should be expressing shock and outrage over this totalitarian use of a very nebulous power to intimidate American companies. But in this particular case I’m going to make an exception.
In the 2008 election cycle health insurance companies donated $1.425M to Barack Hussein Obama, they donated $575,746 to Hillary Clinton. They gave $427,228 to John McCain. All told, health insurance companies gave 73% of all their contributions to Democrats. As far as I’m concerned I will fight against the nationalization of the health care industry on principle but I’ll not lift a finger to shield health insurance companies from the people they paid good money to elect.
Pass the popcorn.