A Low-Key Investment Adviser Humbles Obama White House

Rich Weinstein is an investment advisor based in the metropolitan Philadelphia area. In a recent Bloomberg Politics story (online, Nov. 11) by David Weigel, Weinstein is quoted, as saying about himself, “It’s terrifying that the guy in his mom’s basement is finding this stuff, and nobody else is.” Mr. Weinstein has been acting as his own independent journalist. Thus, his findings regarding Jonathan Gruber, who some regard as the “architect” of the Affordable Care Act, have turned up other instances in which Gruber has voiced a cynical view of Obamacare supporters. For example, as early as January, 2012 – at a symposium Bloomberg’s Weigel claims, Gruber seemed to be advocating conservatives’ positions (or at least cursory views) on Obamacare. “What’s important to remember politically about this is if you’re a state and you don’t set up an exchange, that means your citizens don’t get their tax credits – but your citizens still pay the taxes that support this bill,” Gruber is quoted as saying. Adding, “So you’re essentially saying [to] your citizens you’re going to pay all the taxes to help all the other states in the country.” Meanwhile, Weinstein, the investment adviser circulated an e-mail about this. No one expressed interest. Gruber’s clip(s) were not paid attention to until following a Nobody noticed the clip until following a D.C. circuit court ruling for plaintiffs – – who were suing to end subsidies, according to Bloomberg. Weinstein dates his debut as citizen journalist toward the end of 2013. This was when he was among those who received a notice informing him that is old health insurance policy was not ACA compliant.

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