Menerva Lindsen
Active Member
- Dec 18, 2014
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Since the passage of Obamacare, House Speaker John Boehner has been dogged by critics pointing out his investment portfolio has benefited from owning insurance and medical company stocks that have profited from the legislation.
An analysis of Boehner’s current investment holdings includes a number of stocks benefiting from Obamacare in a total portfolio estimated at between $3.5 and $5 million in current market value.
This is how politicians earn money on inside health stocks:
Boehner has continued to profit from health-industry investments tracing back to 2009: Wellpoint Inc, which he bought at $56 a share, is now trading at $124.37. Cardinal Health, which he bought when it was trading at approximately $30 a share in 2011, is now trading at $80.44; and Pfizer which was trading at under $20 a share in 2010, is now at $31.06.
Obamacare proves to be a reckless scheme which harms Americans. Politicians just gamble at our health.
An analysis of Boehner’s current investment holdings includes a number of stocks benefiting from Obamacare in a total portfolio estimated at between $3.5 and $5 million in current market value.
This is how politicians earn money on inside health stocks:
Boehner has continued to profit from health-industry investments tracing back to 2009: Wellpoint Inc, which he bought at $56 a share, is now trading at $124.37. Cardinal Health, which he bought when it was trading at approximately $30 a share in 2011, is now trading at $80.44; and Pfizer which was trading at under $20 a share in 2010, is now at $31.06.
Obamacare proves to be a reckless scheme which harms Americans. Politicians just gamble at our health.