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January 21, 2010

Massachusetts GOP win: Follow the money from health care industry

Even before Republic state senator Scott Brown won the late Ted Kennedy's seat in Massachusettes Tuesday, health insurance stocks were rising. Brown defeated Democrat Martha Coakley in a result that threatens to derail President Barak Obama's health care bill in Washington. The day after the vote Big Pharma and health insurance stocks soared again. No surprise.

 Ad money poured into the state from both sides, but it's a sure bet a hefty chunk can be traced back to the health care industry and their lobbyists on Capital Hill.

Can what's good for Big Pharma be good for the people?

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Political Decoder by Linda Diebel


  • Linda Diebel is a veteran political reporter who worked across Canada, including on Parliament Hill, and as the Toronto Star's bureau chief in both Washington and Latin America. She has written two books, Betrayed: The Assassination of Digna Ochoa, and Stéphane Dion: Against the Current.

    She's been described as "that mean Diebel person" by President George H.W. Bush and someone "with a good head on her shoulders" by Noam Chomsky. They're probably both right.

    Email: ldiebel@thestar.ca

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