John Cornyn: “we have been informed that the Secretary of Health and Human Services has become a private fundraiser to raise funds…”

“we have been informed that the Secretary of Health and Human Services has become a private fundraiser to raise funds from the very industry she regulates in order to implement ObamaCare. This raises all sorts of troubling concerns. There is an appearance of impropriety and a conflict of interest. There is an appearance that there is basically a shakedown going on--extracting money from companies she regulates in order to implement the President's health care law. This is certainly unethical--representing a conflict of interest--and possibly illegal. However, it has provided us a useful reminder about ObamaCare: that it represents one of the worst examples of crony capitalism that exist today. Unfortunately, that is true of a number of the administration's policies, but let me just explain what I mean. When the private enterprise and the government become so intertwined as to become mutually dependent, usually what that means is the people who can hire the most lobbyists, the best lawyers, and others, compete unfairly for government benefits. The concern is that since Secretary Sebelius is going to be the one who doles out grants and other benefits under ObamaCare, there is the all-too-human temptation to favor those who have gotten you out of a crack and done you a favor. Let's review how ObamaCare is supposed to work in the first place. The Federal Government is supposed to come up with its own definition of health insurance.…”