The reason the politicians want higher taxes, more money, more power, more everything is not because "they care". It's because they want money, power, and everything.
Power corrupts collectively as well as individually. The more powerful government is, the more corrupt it is.
This is junior high school stuff, but millions of Americans just can't seem to get it. They think those politicians in Washington are "looking out for the little guy" and "wanting to give back". Anybody who buys this hogwash is a moron.
“For his six months service on WellCare’s board, Agwunobi received stock, which he sold for more than $1-million. “
Follow the money. Sure Wall Street was scratching its head trying to figure out how the company was making so much money. But in the end, no one cared. You do not get rich off of govt health plans if you are following the rules.
More information on what happened:
Excerpt:SAN FRANCISCO (MarketWatch) — WellCare Health Plans Inc.
WCG 41.95, -73.22, -63.6%) confirmed Wednesday that federal and state officials executed a search warrant at their Tampa headquarters. WellCare said it is cooperating with authorities. The company said its essential services are operational and will remain uninterrupted.
Will Pelosi say “Culture of corruption”? LOL
In 1995, the newsletter of a group called Choice in Dying listed seven organizations in a Guide to Right-to-Die Organizations. At least four of them (Compassion in Dying, Death with Dignity Education Center, the Oregon Death with Dignity Legal Defense and Education Center, and Choice in Dying itself) have attracted funding from large foundations.
One such foundation is George Soross Open Society Institute (OSI). The OSI, through its Project on Death in America, gives millions of dollars for enhancing end-of-life care and none of the Projects money is used for assisted suicide purposes. But the OSI provides grants for assisted suicide advocacy through OSIs Presidents Fund in its U.S. Programs office.
"We will not be silent. We are your bad conscience. The White Rose will give you no rest."
The donations were probably done to make sure no one investigated the organization. ...ha ha ha....PSYCH, we caught you anyway!
May 6, 2005
The proxy also disclosed that financier and philanthropist George Soros no longer is involved with WellCare. Soros Private Equity Investors had owned about 80 percent of WellCare at the time of the IPO.
In December, Soros Private Equity Investors sold 5.6 million shares for about $170 million.
In April, Soros spun off the $1.3-billion private equity group and the new firm was renamed TowerBrook Capital Partners. TowerBrook is headed by Neal Moszkowski, who previously led Soros Private Equity. Moszkowski also is chairman of the WellCare board.
TowerBrook is now the single largest shareholder in WellCare, with 16.7 million shares or 43.2 percent of the stock outstanding on April 25.
"The President intends to nominate Todd S. Farha, of Florida, to be a Director of the Board of Directors of the Securities Investor Protection Corporation (Public) and upon appointment designate Vice Chairman, for a three-year term expiring December 31, 2006 and an additional three-year term expiring December 31, 2009."
FV SAYS: Securities breaches are very serious. I hope he's not in bed with USF's America-haters. Someone can ck that while I asleep.. Sami Al Arian and his sidekick for starters.
As illustrated at World Net Daily. I didn't do the url cuz it's to their shop.
No doubt Terri's in this one. I think I'll get this one.
What? Wiggle room for fraud, waste and abuse in a Government program? I’m shocked. SHOCKED, I say! *SMIRK*
Soros should be in prison or six feet under for treason.
And the higher the costs will be.