Obama Brings Big Pharma Into The Family

Posted by Jason | Posted in Global Warming, Health Care | Posted on 27-11-2009


I’m not saying we are a fascist nation yet, but we are moving closer and closer. Obama’s dealings are looking more and more like Don Corleone. Making an offer they can’t refuse, Big Pharma is falling in line.

In June, the Pharmaceutical Research and Manufacturers of America sealed a deal with the White House and Senate Finance Chairman Max Baucus promising to contribute $80 billion in lower drug costs over the next decade to ObamaCare, plus a multimillion-dollar TV ad campaign. In return they were to be spared from price controls and the reimportation of cheaper foreign drugs.

To hell with the people. Obama and Big Pharma are going to prevent importation of drugs from other countries, which would help drive costs down. In a free market, drug companies would not be able to charge one price to foreign consumers and another, higher price to American consumers. American consumers are subsidizing the research and development, so the rest of the world gets the benefit without the cost. In Corleone fashion Obama threatens price controls (death to your business) to Big Pharma, or they can be a team player and benefit like the rest of those who fall in line with “the family”.

The pharma lobby was unfazed. “Despite the shortcomings in the House legislation, we remain completely committed to helping the President and Congress pass comprehensive health care reform this year,” a senior vice president said in a statement. “This is a three-act play and a good critic doesn’t write a review after the opening scenes.”

Why would pharma be fazed, when the Don gives them his word that they’ll be taken care of?

So how has the industry responded? More or less as Lenin predicted. Big Pharma is now running ads against Joe Lieberman, saying his threat to torpedo the Senate bill could cause drug prices to rise by 20%. It is also funding a campaign that targets the fence-sitters Ben Nelson, Mary Landrieu and Blanche Lincoln.

So after we’ve been told how evil Big Pharma is, how they only care about profits, how they careless if you live or die, and how they hold a gun to your head to make you buy their product, we are now supposed to believe they are looking out for the public, and those who stand against government health care are now the bad ones. Oh, how a little threat from the White House can change things.

via Big Pharma Sells Out on Health Care – WSJ.com.

Now we are supposed to believe that Big Pharma is actually giving something up to the benefit of all of us. Do you really believe they are doing something that isn’t in their best interest? This will lock out imported drugs, preventing price competition. It will prevent smaller drug companies from entering the market, thus preventing competition. It also allows the government more control over the drug business. Once Big Pharma enter the family, they can never leave.

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[...] 0 Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.During the election, not only did Obama promise to air the health care negotiations on C-SPAN, but he also promised he would pass drug re-importation. As of right now, the health care reform bill explicitly prohibits drug importation as a bribe to the drug companies. [...]

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