Tuesday, November 22, 2011

GINGRICH MEGA MILLIONS FROM INSURANCE COMPANIES FOR TOUTING INDIVIDUAL HEALTH CARE MANDATE... 
MORE MILLIONS FROM FREDDIE MAC AND FANNIE MAE, NEWT'S GOT A REALLY GOOD GIG GOING. 
GINGRICH: WashPost col. 1, "Gingrich found gold in health reform: Insurers and others paid his think tank millions for advice," 
by Dan Eggen: 
"The Center for Health Transformation, which opened in 2003, brought in dues of as much as $200,000 per year from insurers and other health-care firms, offering some of them 'access to Newt Gingrich' and 'direct Newt interaction,' according to promotional materials. The biggest funders, including firms such as AstraZeneca, Blue Cross Blue Shield and Novo Nordisk, were also eligible to receive discounts on 'products and workshops' from other Gingrich groups. The health center advocated, among other things, requiring that 'anyone who earns more than $50,000 a year must purchase health insurance or post a bond,' a type of insurance mandate that has since become anathema to conservatives."
--"Newt consulted for Freddie until takeover," 
by Anna Palmer: 
"Gingrich, who has come under fire this week for work he did during the subprime mortgage crisis, served as a consultant to Freddie Mac until September 2008 when the U.S. Treasury took control of the government-sponsored entity, his spokesman R.C. Hammond confirmed to POLITICO Thursday. ... Gingrich's second contract, which lasted from 2006 until September 2008, put him in the position to offer top officials strategic advice. It was an unusual arrangement because it was handled directly by Senior Vice President of External Relations Hollis McLoughlin's office. McLoughlin, who is still at Freddie Mac, is a member of Freddie Mac's management committee and reports directly to Executive Vice President and Chief Administrative Office Jerry Weiss." http://bit.ly/s62 UXw
--NYT A20, "Gingrich Faces More Scrutiny on Corporate Clients," 
by Jim Rutenberg: 
"In July 2009, before the health care debate became a topic of angry discussion around the country, Newt Gingrich weighed in on what would be one of its flashpoints - end-of-life care provisions to help families decide whether terminally ill patients should avoid aggressive, and costly, medical measures. Writing on the Web site of The Washington Post, Mr. Gingrich praised Gundersen Lutheran Health System of LaCrosse, Wis., for its successful efforts to persuade most patients to have "advance directives," saying that if Medicare had followed Gundersen's lead on end-of-life care and other practices, it would 'save more than $33 billion a year.' But within weeks, Mr. Gingrich would find himself on the wrong end of what some Republicans labeled the 'death panel' issue. ... On Thursday, Mr. Gingrich's spokesman confirmed that Gunderson was one of the paying clients of Mr. Gingrich's Center for Health Transformation, a health consulting firm whose other clients have included WellPoint, the American Hospital Association, and various other major health care concerns."
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