Monday, July 6, 2015

How hospitals, coal made Santorum a millionaire (Update)

Bloomberg shows how the ex-PA Senator and GOP presidential hopeful used his business connections after voters turned him out.

How hospitals, coal made Santorum a millionaire (Update)

0 comments
Travel Deals

Director fees from Universal Health, lobbying fees from coal operator Consol Energy and law pay from Eckerd Seamans helped ex-Sen. Rick Santorum turn his Washington connections into millions in personal income, Bloomberg reports here.

As I've previously reported, Santorum collected fat board payments fom Universal, the King of Prussia mental-health and community hospital chain which makes most of its money from taxpayers via Medicare and Medicaid, even as he claims to oppose more taxpayer subsidies for healthcare. My colleague David Sell reviews Santorum's apparent contradictions here.

And for those of my respected PA Republican readers who've contacted me about your concerns "the media" only bashes GOP candidates who cash in on their political connections, here's a summary I wrote a little while back on Democrat Ed Rendell's lucrative private sector moves.

Or, going further back, this piece on turncoat former US Sen. Arlen Specter and his fortuitous stock market moves. Also these items on Delaware's Bidens, for example, here, here, here.

More coverage
 
CityPaper Archive: The path of the righteous man
 
The Santorum that America doesn't know
 
Hospitals, coal made Santorum a millionaire
 
What Santorum Meant to Say
 
Santorum in a sweater vest: Turn-off or turn-on?
 
Outsourcing Santorum
0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
Also on Philly.com:
letter icon Newsletter