Overpaying for a small-town Arkansas pharmacy:
$222,000
Overpaying for the pharmacy inventory:
$500,000
Paying off the owner to “not compete”:
$100,000
Owning a key Blue Dog Democrat two years before health care reform threatens your way of life:
Priceless
ProPublica/Politico reporter Marcus Stern reports that Arkansas Rep. Mike Ross was paid off between $1 million to $1.67 million for his pharmacy in Prescott, Ark., in 2007.
“You can buy half the town for $420,000″ - the base value USA Drug paid Ross for the building alone - Adam Guthrie, chairman of the county Board of Equalization, told ProPublica.
Guthrie appraised the property and building at $198,000.
Furthermore, two weeks after the sale of Holly’s Health Mart, USA Drug owner Stephen LaFrance contributed $2,300 to Ross’ campaign, ProPublica and Politico report.
The liberal media, including FiredogLake’s Jane Hamsher are turning the scandal into an argument for the public option, which Ross opposes “because his constituents don’t want one.”
But equally liberal Daily Kos/Research 2000 conducted a poll showing 74 to 80 percent support for the public option.
But the real payola is what Ross is fighting to get in the health care reform bill, according to Hamsher’s report.
He bragged about holding the health care bill “hostage.”
He offered up the same co-op plan in the House that appeared in the Baucus Senate bill — authored by a former Wellpoint executive.
He was one of 5 members of Congress who received a total of $2.5 million in advertising support from PhRMA.
A week later he signed a letter asking that pharmaceutical manufacturers not have to negotiate for drug prices, per a sweetheart deal they negotiated with the White House.
ProPublica’s Stern highlighted the bacon Ross has brought home for his PhRMA “constituents.”
On Aug. 1, the National Community Pharmacist Association issued a news release thanking Ross for an amendment to the health care reform bill that would create greater transparency in the operations of pharmacy benefit managers, who act as clearinghouses for insurance company reimbursements for pharmaceuticals.
In June the National Association of Chain Drug Stores issued a news release thanking Ross for introducing legislation authorizing payments to pharmacists to train patients in how to manage their medications.
Open Secrets did a little more digging:
- In 2007, Ross was worth between $782,018 and $1.8 million and listed a few health-related assets on his personal financial disclosure forms. This includes between $500,001 and $1 million invested in Ross Pharmacy.
- Ross has collected $992,500 from the health care sector since he was elected in 2000, making it his second largest contributing sector, after labor.
- Among Blue Dogs, Ross ranks No. 3 in contributions from the health sector to his candidate committee and leadership PAC and No. 9 in donations from pharmaceutical and health product companies.
- At $602,800, health care professionals have given more to Ross’ candidate committees than any other industry since the 2000 election cycle.
- Ross’ former chief of staff, Drew Goesl, is now a principal for Capitol Counsel, which lobbies for pharmaceutical companies Amgen and AstraZeneca PLC and industry trade group Pharmaceutical Research and Manufacturers of America (better known as PhRMA), among other health-related companies.
- LaFrance has given largely to Republicans over the years. At least two other Democrats, in addition to Ross, have collected money from LaFrance, and both are senators from Arkansas: Sens. Blanche Lincoln and Mark Pryor.
Blogger Prairie Weather called for reform of the way Congress does business in Blue dog swallows happy cookie.
“One Democratic blue dog is now an official member of the Shameless Party, the third party which has come to dominate Congress,” Prairie Weather wrote. “Oh, okay. He disclosed it in those disclosure reports. That makes it okay, right in line with what Congress demands of its members. Maybe it’s time to do something about that process?”




