The Congressman who brought you the Medicare prescription drug benefits program... yes, the same one who made it illegal for the government to save money by negotiating with pharmaceutical companies, is cashing in on his give away to the drug companies. Representative Billy Tauzin, recently retired Republican Congressman and the principal author of the new Medicare prescription drug law, will become president of the Pharmaceutical Research and Manufacturers of America. He will be paid around $2 million dollars a year to lobby congress on behalf of the drug industry. Just a coincidence? Think again... this is the definition of crony capitalism
So kids... want to get rich off of the backs of the American taxpayers? Just do what Billy does. Go to congress... write a bill that gives away billions to the industry of your choice... then sit back and wait for the job offers to come in. Then you to can be a crony capitalists.
(Link to Story)