Fristing
America
In
Search of the Senate Majority Leader’s Rolex
By
Ian Murphy
So
it seems Bill Frist is suddenly under investigation by both
the Securities and Exchange Commission and the Department
of Justice. and for what? Insider trading. Selling stock
out of his not-so-blind trust from his family’s corporation,
along with six other prominent employees, right before the
company issues a negative “earnings warning.” Oh, sure,
it’s illegal. But in light of Frist’s personal history,
well, big fucking deal.
Bill
Frist was once an ethically challenged medical student who
lied to animal shelters and “adopted” an unknown number
of cats to practice his surgical skills. He’s the megalomaniacal
idiot who misdiagnosed America’s brain-dead darling Terri
Schiavo from the senate floor without ever seeing her –
and then denied having done so. He’s the same asshole who
snuck a provision into the Homeland Security bill that protects
the pharmaceutical giant Eli Lilly from lawsuits for putting
mercury in vaccines that continue to give children autism.
Frist, who bought his senate seat ($3.4 million of his person
fortune) with family money from one of the most malfeasant
companies in U.S. history, could be described as fanatically
anti-ethical, a high priest of greed and corruption. So
it’s funny, in a sickening sort of way, that he’s officially
in hot water now, simply because he crossed the often arbitrary
line between unethical and illegal. Poor, rich Dr. Bill,
he didn’t know no better.
It
was absolutely laughable to see Frist’s vast wealth given
as evidence of his innocence by several of his Republican
brethren this week, seeing how Frist’s family wealth comes
directly from the very company whose over-inflated stock
he conveniently ditched before it went through the floor.
“Hey, Bill has shitloads of cash. What would he need with
an extra $6 million?”
Frist’s
own press release reads:
Yet,
in a 2003 television interview, Frist tells us “as far as
I know, I own no HCA stock.” he added: “It is illegal right
now for me to know what the composition of those trusts
are. So I have no idea.” The discrepancy between Frist’s
own words is a no-brainer and he should fry. But why didn’t
he a long time ago? Because this is America.
According
to Frist’s press release, the sale of the Hospital Corporation
of America (HCA) stock in his blind trust was done to “eliminate
the appearance of a conflict of interest.” Never mind that
he directed the sale of a stock he said he didn’t know he
owned; what conflict of interest? Oh, right – he wants to
be president. It wouldn’t look good if he owned stock in
a company that was fined $1.7 billion dollars for
defrauding the American public by systematically and repeatedly
overcharging Medicare, Medicaid and Tricare (military and
family medical coverage). It also wouldn’t look good if
the same presidential hopeful who owns stock in a hospital
corporation also gridlocked a mandatory Medicare prescription-drug
benefit, stopped a real patients’ bill of rights and supported
limits on damages for victims who sue negligent hospitals
such as HCA.
Then
there’s the other conflict of interest, that is, Frist’s
interest in making and keeping money.
If
senator Frist can make it out of this jam with his sights
still set on the presidency, one could assume, since HCA
was founded by Frist’s father and brother, that the good
doctor will soon cut all family ties to “eliminate the appearance
of a conflict of interest.” Even boycotting the family Christmas
would be a strong statement. After all, Bill’s brother Tom,
one of the richest men in America, is HCA’s former CEO and
current director, and that company has done some terrible,
awful stuff. Besides inflating expenses and thus bilking
programs designed to pay for the medical treatment of the
country’s poor, HCA has also engaged in stock giveaways
as kick backs for doctors who provided referrals to the
company, and given said doctors ‘loans’ which needn’t be
paid back, free rent and free pharmaceuticals, among other
things. It’s good to be a doctor.
Despite
his current problems, the real Fristing of America has already
been done. No HCA personnel were criminally charged. This
is not ancient history; the investigation of HCA dragged
along from the mid-‘90s to 2002, when a sweet heart deal
was brokered by Thomas A. Scully, head of the federal Centers
for Medicare & Medicaid Services. Scully, appointed
by Bush in 2001, was a former for-profit hospital lobbyist
and, in a not-so-amazing coincidence, counted HCA among
his clients. The Bush administration also directed the Justice
Department not to prosecute anyone involved in the
largest fraud case in American history. There were appearances
to be thought of; the newly appointed Senate Majority Leader
couldn’t have ties to criminals. Strong ties to unethical
corporations, of course, are fine, a prerequisite to the
GOP big leagues.
Frist’s
senate seat was born of corruption and will hopefully die
of it too. It is a shame to see Frist’s misdeeds almost
arbitrarily thrown into the realm of “illegal,” when he
has been such an all-around evil bastard since we first
met him, and long before (remember the cats). A shame, because
in a moral, decent society he would have been nailed from
the get go.
Now
with his back up against the wall, a clear underdog, Frist
still strikes me as the perfect Republican candidate for
the next presidential election, embodying all of the qualities
which have enabled Republicans to gain control of the entire
federal government: massive wealth, insatiable greed, manipulative
dishonesty and a sociopathic disregard for human decency.
Hell, with all that going for him, he can probably still
win. I can hear the delegates chanting at the next convention
now: “Corruption is Great – Frist in ‘08!”