Monday, December 21, 2009

That Sound You Hear is Champagne Corks Popping...

...at just about every health care oriented company in America. The passage of the 'landmark' health care legislation will prove to be the same as every other piece of congressional scamming in the past generation. In case you haven't noticed, every time Congress attempts to 'reform' an industry, they merely lay the new ground rules for the big players to just do more business in a better defined environment. Think of all the financial, energy and defense legislation since FDR. Complex congressional bills are mothers milk to entrenched players.

While I may despair for our Republic, this is very good news for just about the entire health care complex and we are seeing the continuation of already in-place rallies from UNH, WLP, ESRX, MHS, TEVA, DGX among our current holdings. Our patience over the summer has been rewarded.

So the rich get richer...(Wait, you didn't really think this bill was actually going to HELP ordinary Americans, did you? Ah, ha ha ha ha ha ha ......... Yes, that's a good one. Worthy of the 60th vote coming from a former comedian.)

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