http://www.denverpost.com/nationworl...570?source=rss

Not good, for obvious reasons.

 

I'm not surprised. The poster boy for Morons R Us has every intention of nationalizing the medical profession. The drug industry is next in line. Soon, and I mean soon, we will no longer be a Republic but a communist nation where the Gov't owns and runs everything including yer daily life. Next will be the limiting of how many children and of what sex you can have. You'll have to apply for the NEED for a drivers license to the Feds to cut greenhouse gases. You'll be eating the foods they give you- like it or not, to control healthcare costs. And yes, all of the above are being considered by this administration for your protection. Amazing the crap they can push off on people for the word protection.

My pastor just got back from China, a communist country, and some of the comments by his Chinese guide are real interesting. The guide said that the US social/economic structure is like a football. You have the wealthy at one end of the football, the bulk of the nation is in the middle, and the poor at the other end. Sounds about right considering most US citizens are middle class. He said the Chinese are more like a pyramid. You have a relative few at the top making billions, mostly political figures, military, etc., and the poor are the bulk of the population. He also stated that the greatest fear they have is not a world war or any economic issue but implosion. The Chinese way of life dictates that the young care for the old. A family lives in a Hootan(sp) which is a square housing unit with a garden in the middle. There is one kitchen, one squat toilet, all shared by the family. This makes life easier as the families are poor and they work hard just to put food on the table. But the young are going away to the big cities and it's leaving no one to care for the elderly. There are no Gov't programs to help them. No social security, medicare, etc. They are left to die. It's the Gov't ignoring the issue that will bring the people together and China will have a Civil War. This is their biggest fear.

Too bad our dimwits can't see the forrest for the trees. If things don't turn around here, this nation will again be at war with itself. The world is not a stable place anywhere today. All it'll take is a few people to go to the grocery store and see empty shelves. It's coming folks.

 

Government plan to take over an industry:

1) Identify profitable industry.
2) Introduce regulations to protect consumers.
3) Increase regulations to onerous levels, raising product costs and creating mergers among the remaining companies.
4) Demonize companies for being too large and having high product costs
5) Force companies concede to further government controls to avoid additional demonization.
6) When industry ceases to be able to provide quality products at affordable price, introduce tax subsizided government compeitor, or take over by outright seizure (still hard to do in the USA)
7) Allow government controlled/owned industry to provide poor quality products at high price.

 

You pretty much have it correct Dave, unfortunately.

 

This shouldn't be a surprize to anyone. There are still a lot of supporters of Obama who are providing the cover needed to get these things done. They'd rather have the conversation be about Palin or Beck than talk about each piece of freedom that the federal government takes from the American people.

They say if it ain't broke don't fix it. There are still way too many people in this country who can't tell just how broken it is. We'll fix it, but it's going to get worse before enough people get a clue.

 

Frank, I agree it's not a good sign and certainly not the direction I would want Govt. moving. I have to wonder about the willingness of drug companies to "engineer" a crisis to insure not only sustainable profits, but growth potential in those profits. I'm positive govt. intervention is not the cure, but allowing the fox to guard the hen house is also not the best way. Antibiotic research alone would indicate that to be true.

 

The drug companies are already liable under the law for damages caused by their drugs.

On the profit side, Big Pharma have had Obama in their pockets since he was sworn in. Their representatives have made regular visits to the White House since Jan 2009. They supported Obamacare because they knew that they would be making/selling drugs to about 30 million more Americans if that behemoth was ever passed. And of course, it was.

This newest "agency", is just another 'payback' for helping him get elected. Corruption at it's finest.

 

There is more than one way to look at the relationship of Big Pharma and the government.

You could (and did) say Big Pharma has the government in their pockets, and Obamacare is a payback.

Another way to look at it is the smart companies see the writing on the wall, and they want to make sure they get preferential treatment from their new government 'partners'. This is a better business model than being strong armed out of business by the powers that be in Washington.

Big government partnering with their business friends and forcing the competition out of business (via media smears, regulation, etc...) is nothing new.

When Mussolini and Hitler 'co-operated' with industry in this way, it was called Facism.

 

I'm thinking the liability issue is nickels compared to what they make, so it doesn't play much of a part in their decision making.

I agree that Pharmaceuticals are playing to Obama (as they have to every President and congress), but why push for Govt. intervention in the developmental process? It would seem like they will be putting their neck in the noose of further govt. regulation of their industry. Once that's the case, it's a small step down the road to nationalization and that's not good for their salaries/bonus/profitability/existence as they know it.
I haven't paid much attention to this until recently, so I'm sure there's a catch I'm overlooking.

 

Gov't helping develop drugs can only benefit the 'certain' drug companies in that it is another area where a friend of the gov't can cut it's costs where otherwise all of the development costs would lie with the company.

Think of it as privatizing the profits and socializing the costs, much as was done with the bailouts of the big banks. Taxpayers be damned, of course.

 

Thanks Frank, I'll continue to look at it. I'm still concerned that Big Pharma would want this solicited help in development without seeing it as a step towards nationalization of the industry.

 

I agree. Then again, Obamacare can only eventually lead to nationalization of all types of industry associated with health care. It will eventually lead to his desired 'single payer' system, which will not allow for any competition.

 

And no new drugs either! Just a whole bunch of placebos. The government has never touched anything that didn't cause the wheels to fall off, and that at a cost of gazillions of dollars.

I read within the last week that they did a study where they used ONLY placebos, and TOLD the patients they were getting placebos, and most of the patients still got better. That's a dream come true for the Obummers Gippsy camp. They can give all their friends jobs and NONE of them will have to do anything. Just receive the supply of placebos from China.