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Old 10-17-2007, 01:35 AM
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Eric5273 Eric5273 is offline
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Perhaps you did not know this about Congressman Billy Tauzin, who authored the Medicaid bill:

http://www.usatoday.com/money/indust...ugs-usat_x.htm
Tauzin switches sides from drug industry overseer to lobbyist

WASHINGTON — Retiring Rep. Billy Tauzin, R-La., who stepped down earlier this year as chairman of the House committee that regulates the pharmaceutical industry, will become the new president and CEO of the drug industry's top lobbying group.

Tauzin will begin work Jan. 3 heading the Pharmaceutical Research and Manufacturers of America, a powerful trade group that marshaled an army of lobbyists last year to successfully support a bill overhauling Medicare and establishing the first prescription drug benefit for seniors. Tauzin was a co-sponsor, and President Bush signed the bill into law a year ago.




Before you say, let me guess.... You think it's a good thing that the person in charge of regulating an industry was loved so much by the industry he was supposed to be regulating, that they hired him to run their lobbying group? Did I guess right?

Actually, silly me for suggesting that Billy Tauzin wrote the bill. I doubt he did any such thing. He simply took credit for writing the bill. I think we can safely assume that the bill was written by the lobby he is now working for.
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