Drug Cartel's Pre-Election Jitters - Panic in Big Pharma

[donsu]

http://www.counterpunch.com/rost11012006.html


-snip-

What is at stake is a financial windfall the size of which has never before been endowed on a single industry, courtesy of the current administration. And that windfall is coming from drugs for poor people.

By some estimates the windfall for the drug industry could be $2 billion or more this year, and it is the result of the transfer of millions of poor people into the new Medicare Part D program. Under this program, the prices paid by the taxpayer, for the medications given to those unable to pay for drugs, are likely to be higher than what was paid under the Medicaid programs.

This is a program embraced by the current administration, and by the drug companies and the insurance industry. They all work together. In fact, when I was a Vice President at Pfizer, (an adventure you can read about in my recent book, "The Whistleblower, Confessions of a Healthcare Hitman") I received a phone call from someone calling on behalf of the CEO, requesting that I pay $2,000 for a fund raising dinner for President Bush's reelection. So did many other employees, co-opted into supporting an administration they couldn't stand.

The Democrats have seen less money from the drug industry and House Democratic Leader Nancy Pelosi, has said that within the first 100 hours of taking over the House, she will help rewrite the prescription-drug benefit to take away most of the advantages it handed to pharmaceutical companies.

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the article ends with:

Our democracy has been subverted by the New Robber Barons into a pure kleptocracy, managed by our sticky-fingered and unelected CEOs.



now you know why they want to stop Pelosi

[peacetalksforall]

1. Agree. This is probably the number one reason for the

unending attacks on Pelosi. They must protect their partnership. They must protect their co and custom written legislation that protects them from indecencies against the citizens. They mus tprotect the profits. They must contribute to the destruction of the middle class and the deterioration of the poorer class. They must not provide anything that has an odor of socialism. They must to their part to roll this country back 100 years. They must participate in non-private profile sharing.

[OzarkDem]

2. kick n/t