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?