Thinking Jeb may be the least of several evils?
Well, he’s not. Watch him as he scrambles, Romney-like, to make you think he’s a temperate, decent sort of multimillionaire. Not so much. Last week he quietly ended his association with Barclays. This week he’s sneaking away from his relationship with a company that made him a bunch of bucks — a company linked to Obamacare.
Former Florida Gov. Jeb Bush (R) is resigning his position at a healthcare company that reportedly profited from ObamaCare, as he lays the groundwork for a potential 2016 run.
Bush will step down from the board of directors for Tenet Healthcare Corp., on Dec. 31, the hospital operator announced this week, according to the Wall Street Journal.
Bush earned close to $300,000 from the company in 2013, according to filings reviewed by the Los Angeles Times. He also sold $1.1 million in company stock that year. …TheHill
He really is a Romney of the more episcopalian variety.
His business record and positions on high-paying corporate boards could attract attacks from fellow Republicans and Democrats, reminiscent of former Massachusetts Gov. Mitt Romney (R). The 2012 GOP nominee spent much of the campaign defending his long tenure at Bain Capital as rivals sought to paint him as a wealthy, out-of-touch businessman.
Bush’s ties to Tenet could similarly draw attention, with the company claiming growth from ObamaCare.
Tenet President and CEO Trevor Fetter told CNBC in January that the firm would benefit from a “surge” of newly insured patients after ObamaCare. And in an August statement the company heralded a successful quarter.
“Our success at capturing incremental market share through strategic investments, service line expansion, and successfully positioning Tenet’s hospitals to benefit from key aspects of the Affordable Care Act all contributed to a great quarter,” Fetter said. ...TheHill
Capitalism is a wonderful deal. For those who can afford it. Or for those who benefit from government programs to — how much did Jeb pick up from Obamacare in 2013? — the extent of $1.4 million? Whew! That would improve my health!
Cross-posted from Prairie Weather
Photo: Gage Skidmore ([1]) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons