And God knows if there's an industry that needs government subsidies less than any other, it's the medical industry.
What's even more embarrassing to us at CTA is that the University of Minnesota in our own backyard is providing the "study" to justify this new push for a huge government handout.
Hey, Robert Wood Johnson Foundation if you're truly concerned about the uninsured, why don't you and your parent company, Johnson & Johnson with '07 sales of $61+ billion, insure them yourselves.
More likely, neither RWJF or J & J are truly concerned about the uninsured as they (RWJF) are pushing more rent seeking legislation aimed to increase demand and profits for parent company Johnson & Johnson and their numerous subsidiaries.
For those new to CTA we've written extensively about one of RWJF's rent seeking issues, smoking bans, which have helped triple demand of pharmaceutical nicotine products like Nicoderm, Nicotrol etc.; manufactured by J & J subsidiaries.
The renewed push by RWJF and the campaign to "Cover the Uninsured" is no doubt spurred by their giddiness of having just elected the most irresponsible tax and spend liberals in all three (now untouchable) governing bodies in the country, the White House, U.S. Senate and Congress.
Christmas comes early for the multi-billion dollar pharmaceutical industry, and you the taxpayer (& ignorant voter) get to foot the bill. Hopefully you don't lose your job or your health insurance, afterall; somebody's got to fuel the government gravy train.