A Betting Man

  • by: |
  • 05/06/2010
Having missed the televised grilling of Goldman Sachs’ executives last week, I just now happened to come across a stunning statement made at the Senate hearings.

Arkansas Senator Mark Pryor went on the attack in front of the cameras accusing Goldman Sachs executives for “betting with other people's money and other people's futures.”

Senator Pryor failed to recognize the blatant hypocrisy in his accusation.

Here is a United States Senator who voted for the health care bill before he voted against it.

In voting against the reconciliation bill in March, Pryor acknowledged the adverse impact of the legislation:

"I believe the package falls short of the criteria of making health care more affordable, reliable, and accessible. As more and more details of the package were released, I spent considerable time weighing the benefits and drawbacks to Arkansas. In the end, I believe this legislation is a step we don’t need to take."

And this man dares lecture financial sector executives?

Where was his concern for “other people’s money” and “other people’s futures” when he voted in favor of the Senate health bill last year?

Mind you, Pryor had a fiduciary duty to his constituents to read and understand this far-reaching and costly legislation. He failed to do that and instead gambled with one-sixth of the US economy.

Some might argue that is far worse than any transgressions by Goldman Sachs.

CMPI

Center for Medicine in the Public Interest is a nonprofit, non-partisan organization promoting innovative solutions that advance medical progress, reduce health disparities, extend life and make health care more affordable, preventive and patient-centered. CMPI also provides the public, policymakers and the media a reliable source of independent scientific analysis on issues ranging from personalized medicine, food and drug safety, health care reform and comparative effectiveness.

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