Draining Their Money
One thing Jon Stewart failed to mention yesterday is that Betsy McCaughey is the director of Cantel Medical Corp., a medical device company. So when she argues against comparative effectiveness research, she's doing so because she wants her device company to keep selling its wares to doctors without having to prove whether or not the stuff actually works. It's a total conflict of interest and it should lead all reports on her.
Until now, because McCaughey just resigned.
LITTLE FALLS, N.J., Aug. 21 /PRNewswire-FirstCall/ -- CANTEL MEDICAL CORP. (NYSE: CMN) announced that on August 20, 2009 it received a letter of resignation from Ms. Elizabeth McCaughey as a director of the Company. Ms. McCaughey, who had served as a director since 2005, stated that she was resigning to avoid any appearance of a conflict of interest during the national debate over healthcare reform.
McCaughey probably gets enough wingnut welfare elsewhere that she'll be fine. I don't think she'll have to worry about using her own $2,000 debit card to pay for a $5,000 health care plan.
But you have to chip away at these liars. And McCaughey's performance last night, complete with the Jeanine Pirro "I can't find page 10!" stunt, was so abominable that Cantel couldn't risk being tied to her anymore. And replicate this thousands of times, and the world gets a little bit better.