Crony Capitalism in the Montana Legislature

Jason Priest, Montana GOP's Crony CapitalistAn interesting letter to the editor in the Billings Gazette this week asks about the conflict of interest incurred by state Senator Jason Priest, Montana’s own crony capitalist.  Priest is sponsoring a bill that could reap financial benefits for the medical debt collection industry he comes from.

For years Sen. Priest was the CEO of a company that specialized in collecting unpaid medical debts owed to hospitals.   The LTE reads:

State Sen. Jason Priest is the founder and president of Medipent, a New York company that relies on the huge mountain of personal debt generated by our broken health care system for its existence. Yet, as a representative of the people, he aligns himself in opposition to health care reform — a program that intends to eliminate the debt that sustains him and his company. How is his involvement not a conflict of interest?

The Montana Democratic Party also asked the question in a statement put out by new Democratic Party Executive Director Ted Dick last week:

There are a lot of questions about Sen. Jason Priest’s financial stake in the attempted repeal of the health insurance reform law and his likelihood of financial gain from the medical debt that would follow if the law is repealed. Sen. Priest likely profited from this business and presumably still has ties to the industry. It’s disingenuous that Sen. Priest failed to disclose these business interests to Montanans and the Legislature.

Priest is sponsoring several other bills this session, and it will be interesting to see what others relate to the personal financial gain of Priest or his cronies.

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6 Comments on "Crony Capitalism in the Montana Legislature"

  1. Priest and the other mouthbreathers said they oppose “Obamacare” because it threatens our freedom…but now its pretty obvious why Priest doesnt like it.

    Then you have the others like Alan Hale and Yates who just aren’t very bright…they probably really do think its going to take away their ‘freedom’.

  2. Priest and his cronies still haven’t read the CBO’s report on the health care reform act? Jebus wept.

  3. This is the standard mo of the Republicans in the legislature this year, care only about your own pockets, get rich and make money off the taxpayers dime, and only spend working peoples money, dont hurt rich people.

  4. Isn’t this old “news?” A simple Google search shows letters to various newspapers since October have brought this up. Where is the supposed “liberal media” on this?

  5. There is no such thing as the “liberal media” its 3 people on MSNBC and Joel Heitkamp in North Dakota, thats the liberal media. Hell fox news makes no bones about it they are Republican, and Aaron Flint makes no bones about it he’s as neo-conservative as they come, hell that whole Northern Broadcasting is nothing but a neo-con mouth piece. Plus if you take a look at who the Billings Gazette endorsed this year in their editorial pages it was mostly Republicans. So in conclusion you are on the liberal media this is it, unless you want to watch MSNBC with Rachele and ED or listen to Joel Heitkamp an hour and a half in the morning.

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