Jeb Bush Profited From a Hospital Stock, Thanks in Part to Obamacare

Happy to hear that Mr. Bush is so prosperous, I hope it will make him aware of those of us whose net worth is considerably less.

Perhaps it will make him aware that capital gains should be taxed at the rate Americans' lagging salaries are taxed?

There is no end to the hypocrisy

The very idea of Bush's business "success" is absurd. Can you say "crony capitalism?" It's just like W's so-called "success" with the Rangers. Rich people put them in situations that are going to make them money so as to curry political favors down the line. I hate to say it; but I'd bet that Chelsea's husband is "succeeding" with the same advantages. People are fed up with this phoniness and Bernie is going to be the recipient. I say, "Take the rich off welfare,"

Breaking news - Insurance companies are raking in record profits.

Just goes to prove that for the 1% ethics has noting to do with investment. There's a lot of money in poverty.

December 11th, 2014 John Boehner got the 219 votes to fund Obamacare. The republicans made a lot of noise about how they didn't like the president's ACA, but they voted to fund it at every step of the way. Now you can see why. It is simply legal for these reps to gain financially from what is called insider information on Wall Street.

If Jeb Bush was the only person investing in Tenet that might make better news, but I have a feeling he sure wasn't the only one making a profit.

So, Ted Cruz enrolled his family in Obamacare. Now, Jeb! kept his investment in hospitals because he knew Obamacare would make it pay off big time. Next, we'll find out that Huckabee supported the Obamacare Medicaid expansion in Arkansas! But last, we will surely hear them all during the Republican primary debates say Obamacare is destroying our economy, has terrible coverage, is a handout to the undeserving, yada, yada, yada ....

Talk about speaking with a forked tongue... But not surprising, the republicans spread the word about what a good investment the health care and insurance stocks would be if ACA passed. Lots of new customers that had been putting off health decisions and using the emergency room when the final straw landed.

It seems like most health insurance companies stock are rising, thus one might want to ask why do they need to raise premiums? I guess they have to pay the politicians somehow....

Well, I am shocked. Both at the profit-taking and the, ah, hypocrisy. But what the heck, it's only a 108% hypocrisy on investment. No doubt he put it all into a HRA for ten or twenty poor families.

Jeb's example is not unusual, but does point out some possible hypocrisy. I, too, know any number of conservative investors who profited handsomely from the ACA and decry it publicly loud and often. The old adage applies; "laughing all the way to the bank". Most people won't let their scruples and principals get in the way of a good deal or making money, regardless of party. I suspect that there are any number of liberals that hold stock (whether they know it or not) in Halliburton.

There was a big pullback. In the market in 2011, and there were many good stocks that would have produced similar performance. I bought Sysco at 25, Waste Management at 29, GE at 15, and Intel at 19. They have all performed pretty well.

So Jeb's returns are not particularly unusual. I haven't analyzed that particular stock, but he may well have sold prematurely. Of coure, that depends on how he reinvested the money.

As Jeb's brother W exclaimed to a woman telling him how she had to work 3 jobs to make ends meet, "Uniquely American. That is fantastic you are doing that."

The possibility that another Bush could inhabit the White House after the W disaster exemplifies the utter failure of democracy. W should have been hauled before a War Crimes tribunal and the Bush name should have been tarnished for eternity.

But that ain't how we roll in America. "Uniquely American. That is fantastic you are doing that."