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Old 03-03-2020, 07:57 AM
 
12,282 posts, read 13,241,939 times
Reputation: 4985

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We citizens are getting ripped off again!

How the Senate Paved the Way for Coronavirus Profiteering, and How Congress Could Undo It

Gilead Sciences, a drugmaker known for price gouging, has been working with Chinese health authorities to see if the experimental drug remdesivir can treat coronavirus symptoms. World Health Organization officials say it’s the “only one drug right now that we think may have real efficacy.” But remdesivir, which was previously tested to treat Ebola virus, was developed through research conducted at the University of Alabama at Birmingham with funding from the federal government.


In the 1994 midterms, the Republican Revolution, built largely around a reaction to Bill Clinton’s attempt to reform the health care system, swept Democrats out of Congress. On its heels, in April 1995, the Clinton administration capitulated to pharmaceutical industry pressure and rescinded the longstanding “reasonable pricing” rule.

https://theintercept.com/2020/03/02/...ouging-senate/
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Old 03-03-2020, 08:53 AM
 
Location: OH->FL->NJ
17,005 posts, read 12,595,161 times
Reputation: 8925
Big pharma owns both parties in congress. They are represented.

Thinking people are represented by either party in congress is naive.

It is reality. You do not have to like it. The true elite in this country long ago learned to eliminate democracy at the federal level on issues relating to profits and the ability of the true elite to make them through monopolies and monopolistic practices.
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