In a 2006 article in the Courier-Journal, John Yarmuth said he would divest himself of any stocks that would prove a conflict of interest, including stock in Almost Family (Source: LEO Weekly, The Wealth of Power: Anne Northup, John Yarmuth and the Affluent American Legislator, Oct 31, 2006).
FACT: Yarmuth did not divest. He helped write the Affordable Care Act (WFPL Debate, Oct 8, 2012). His stock in Almost Family has increased in value 68% since he took office (Google Finance, NASDAQ: AFAM). Not only did he not keep his promise to divest, he’s been falsely and repeatedly claiming he lost money in Almost Family for years. His stock would sell for more than $8 per share higher than when he was elected (WFPL Debate 2012, Louisville Forum 2012, and KET Debate 2010).
At the WLKY debate on October 13, 2012, John Yarmuth said as part of his Healthcare plan, he wants everyone on Medicare, advocating for a single-payer system, and says he would pay for it when the private healthcare insurance industry was obsolete.
FACT: The private healthcare industry employs over 30,000 people in Louisville. Losing Humana alone would push Louisville unemployment to 15.6%. That’s higher than Detroit!
Affordable Care Act
During the KET Debate on October 15, John Yarmuth said that private health insurance companies “endorse the ACA.”
FACT: Locally, former Humana Chairman and CEO Mike McCallister released a statement on June 28, 2012 that stated, “The health care reform law falls short in controlling the underlying cause of our nation’s health care crisis: costs that are too high and rising too fast.” (Source:http://www.businesswire.com/news/home/20120628005907/en/Humana-Issues-Statement-U.S.-Supreme-Court-Ruling)
Compliance is not an Endorsement.
Also during the KET Debate, John Yarmuth said seniors would not see a reduction in Medicare Advantage benefits under the Affordable Care Act.
FACT: Not only does the Obama Administration brag about taking $716 Billion from Medicare to pay for ObamaCare, but that also includes cutting $156 Billion from Medicare Advantage. A CBO actuary admitted this would force many seniors onto lower coverage Medicare plans that would result in higher out of pocket costs to our seniors. (Source: http://www.ahip.org/News/Press-Room/2012/AHIP-Statement-on-Medicare-Advantage.aspx)
Mr. Yarmuth doesn’t seem to understand that cutting funding to Medicare Advantage will decrease the number of seniors covered. He can’t cut funding then promise more seniors better coverage. The math doesn’t add up.
As you could tell from our debates, when Mr. Yarmuth can’t find the political bologna to cover his abysmal record, he just blurts out “It’s not true.” The facts are clear.
I need your help to put honest leadership back in Washington. John Yarmuth has had 6 years in D.C., and even in tonight’s debate, he blames George W. Bush. The people of Louisville deserve a Representative who will be accountable for his actions.
Donate today to tell Yarmuth and DC politicians you’ve had enough of them making up stats and misleading voters to boost their own re-elections.
Republican nominee for US Congress (KY-3)
Brooks Wicker for US Congress 2012
PO Box 6449
Louisville, KY 40206
Via Email: firstname.lastname@example.org
On Facebook: Brooks Wicker for U.S. Congress 2012
On twitter: @wicker4congress
Visit the web site: www.BrooksWicker.com
Leave a Reply
You must be logged in to post a comment.