NEW YORK — Since the passage of Obamacare, House Speaker John Boehner has been dogged by critics pointing out his investment portfolio has benefited from owning insurance and medical company stocks that have profited from the legislation. On December 10,Boehner bought numerous health insurance company stocks, including tens of thousands of dollars in Cardinal Health, Cigna, and Wellpoint.

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He also bought shares in CareFusion, which provides systems for countering infections. Health insurers breathed a sigh of relief.

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So too did pharmaceutical companies, who feared that a government health insurance program would lead to price controls. Cardinal Health was up approximately 10 percent by the time President Obama signed the health care bill. In earlyBoehner bought yet more shares in Cardinal Health and Pfizer, before President Obama signed the health care bill.

Boehner has continued to profit from health-industry investments tracing back to After public uproar over members of Congress being allowed to buy and sell investments based on insider information — a violation that could constitute criminal activity if done by members of the public — Congress passed the Stop Trading on Congressional Knowledge STOCK Act, which was signed into law by President Obama April 4, Quietly, Congress passed and President Obama signed in April a new bill that indefinitely suspended the filing requirements of the STOCK Act for 28, executive-branch employees.

The exemptions included senior executive service employee stock option clause working on the staff for members of the House and Senate. The bill opened up a back door to congressional staffers to engage once again in investment activities that for public investors would be grounds for possible criminal violations.

Prior to the passage of the STOCK Act, members of the House and Senate were exempt from SEC regulations on insider trading, allowing them to trade freely stocks to buy with obamacare privileged information obtained bollinger bands trading strategies that work conducting their official congressional activities.

Boehner has consistently maintained his investments are held in a blind trust and that he does not personally make investment decisions in his own investment portfolio.

But few experienced congressional critics believe Boehner and other members of Congress are unaware of their investment holdingsstocks to buy with obamacare public disclosure requirements demand yearly filings of all investments.

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ON CAPITOL HILL Boehner profits from Obamacare stocks Medical, insurance investments continue to prosper Published: Corsi About Email Archive Jerome R. Corsi, a Harvard Ph.

He has authored many books, including No. Times best-sellers "The Obama Nation" and "Unfit for Command. Follow WND On Facebook: Read our discussion guidelines before commenting.

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