Monday, August 2, 2010

Yarmuth's Conflict of Interest

Resa Camoriano points out that Rep. John Yarmuth -- one of the biggest proponents of Obamacare -- stand to profit personally from the health care takeover:

Louisville’s Congressman Yarmuth likes to play the role of “Mr. Ethics”, promoting campaign finance restrictions that limit free speech in order to avoid even the perception of impropriety, and, most recently, calling for the resignation of Congressman Charlie Rangel due to ethics problems, but did you know that Yarmuth himself has ethics issues that should be explored? Yarmuth has substantial ownership (several million dollars) in Almost Family, a health services company run by his brother, which means he will personally profit very handsomely from Obamacare, which he strongly promoted. Shouldn’t he have disclosed this conflict of interest while the legislation was being rushed through Congress? Shouldn’t he have refrained from participating in that legislation in order to avoid even the appearance of impropriety, given his substantial conflict of interest?

Yarmuth makes a big point of refusing to take his salary as a congressman, while, at the same time, saying nothing about the profits he stands to receive from the government programs and policies he supports. I learned long ago that those who talk the most about ethics are likely to be the ones who need to be watched the closest, and Yarmuth does not appear to be the exception to that rule.

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