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Drug Industry Threatening to End Support for Obama's Health Bill (Obama throws them under the bus)
Fox News ^ | 1/16/2010 | AP

Posted on 01/16/2010 5:36:57 AM PST by tobyhill

The drug industry is threatening to end its support for President Barack Obama's health overhaul effort because of a rift with the administration over protecting brand-name biotech drugs from low-cost generic competitors.

In an e-mail obtained Friday by The Associated Press, the president of the Pharmaceutical Research and Manufacturers of America told the trade group's board members that "we could not support the bill" if the industry is given less than 12 years of competitive protection for the expensive products.

Obama and House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., are leading the drive to shorten that period, which proponents argue would be a boon to consumers.

"Please activate immediately all of your contacts," said the e-mail from Billy Tauzin, the group's president.

The pharmaceutical industry has been a crucial supporter of Obama's health effort, having spent many tens of millions of dollars on advertising and lobbying in support. Drug companies should profit from the millions of additional people who would be able to afford health coverage under the legislation.

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: 111th; bhohealthcare; pharmaceuticals; phrma

1 posted on 01/16/2010 5:36:59 AM PST by tobyhill
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To: tobyhill

Those snakes got in bed with the Commies and now they want us to feel sorry for them? Gee what a surprise!


2 posted on 01/16/2010 5:44:19 AM PST by screaminsunshine (!!three if by government)
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To: screaminsunshine
Obama has to get another $10 billion from them to pay off the unions.
3 posted on 01/16/2010 5:46:07 AM PST by tobyhill
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To: tobyhill

This would be icing on the cake and I actually believe the drug companies see Obama’s political weakness and are probably going to drop all support.

Get the popcorn!


4 posted on 01/16/2010 5:46:25 AM PST by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
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To: tobyhill

We should protest these drug companies by reimporting their products from Canada at cheaper prices. If they want to screw us, then screw them!


5 posted on 01/16/2010 5:48:39 AM PST by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: truthandlife
Yep. If the drug companies drop their pledge to reduce $80 billion to pay for this so-called health care then Obama can’t claim this as being “deficit neutral”.
6 posted on 01/16/2010 5:49:43 AM PST by tobyhill
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To: pnh102

Darn right! Let them keep their little patent protection but we’ll just do the little re-importation deal.


7 posted on 01/16/2010 5:53:21 AM PST by tobyhill
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To: tobyhill
Let them keep their little patent protection but we’ll just do the little re-importation deal.

I honestly don't get why any drug company would support nationalization of health care. If anything, it would lead to far less purchasing of all those new patented expensive meds that generate profit for drug companies.

And who's to say that a government that is willing to expropriate the health care system wouldn't also be willing to steal a drug patent or two as well?

8 posted on 01/16/2010 5:58:11 AM PST by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: tobyhill

I pretty much don’t give a rat’s ass what you do, boys. You had the opportunity to do the right thing and fight. But you and insurance decided instead to buy yoursleves jobs as Obama’s house slaves.

You deserve ever double cross you get.


9 posted on 01/16/2010 6:00:34 AM PST by GOP_Resurrected
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To: pnh102
"I honestly don't get why any drug company would support nationalization of health care".

------------------------

I have a feeling there is a lot we aren't being told.

10 posted on 01/16/2010 6:02:50 AM PST by SWAMPSNIPER (THE SECOND AMENDMENT, A MATTER OF FACT, NOT A MATTER OF OPINION)
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To: screaminsunshine
" Those snakes got in bed with the Commies and now they want us to feel sorry for them? Gee what a surprise!"

If I live to be a hundred, I'll never understand that mentality. These scum-bag democrat politicians target an industry, demonize the hell of it and threaten its very existence if it does not comply with the extortion demands

Then the very same industry comes crawling to the sleazy democrat politicians, tongue out and willing to lick democrat boots in exchange for a little 'liberal compassion'. Bull $hit!! Just once I'd love to see one of those fancy executive CEO's fight back and I mean Jimmy Hoffa style!

Capitalism is under direct attack and its generals are the ones leading the surrender. Cowards!

11 posted on 01/16/2010 6:04:21 AM PST by ArchAngel1983 (Arch Angel- on guard)
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To: tobyhill
So the drugmakers want 12 years to market their drugs without generic competition, obama says 7 should be good enough, Waxman says 10 years or less. Why any of these drug manufacturers would believe any "promise" out of this administration is beyond me. If this bill passes with their help, they will have nothing to bargain with in the future.

From the article, Among groups whose members are calling the White House and congressional leaders in support of the 12 years was the Massachusetts Biotechnology Council, representing about 350 biotech firms.

Hmmmmmm, what will obama do? Demand the 7 years, lose Coakley's seat.....decisions, decisions. Time's running out for obama's wheeling and dealing.
12 posted on 01/16/2010 6:05:49 AM PST by Girlene
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To: ArchAngel1983
Capitalism is under direct attack and its generals are the ones leading the surrender.

Well put! I think when fascism comes into town, it's virtually always the supposed leaders of capitalism that come flocking down to give it a ticker tape parade. In their mind, government favoritism and control reduces the risk of doing business, eliminates the competition and the need to produce and innovate, and guarantees them life and power. So what's not to like?

13 posted on 01/16/2010 6:10:32 AM PST by livius
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To: tobyhill

Ronald Reagan speaks out on Socialized Medicine - Audio

http://www.youtube.com/watch?v=AYrlDlrLDSQ


14 posted on 01/16/2010 6:12:24 AM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: ArchAngel1983

I dunno. Seems like Obama and co. have a spell on the supposed smart execs. Guess it is esay to sell snake oil to snakes.


15 posted on 01/16/2010 6:17:41 AM PST by screaminsunshine (!!three if by government)
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To: tobyhill
These B@$T@rds are starting to realize that it won't be just Nelson that gets kicked out of the Pizza parlor, their next.

"K" street and lobbying is all about the tax code, that is where the corruption begins.

My guess in the next 2 years their is a big push for Flat or Fair Tax and let the debate begin for those systems.

Big Pharma, the NEA, AARP can all take a hike as far as I am concerned!

16 posted on 01/16/2010 6:17:43 AM PST by taildragger (Palin/Mulally 2012)
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To: tobyhill

That’s what happens when you make a deal with the devil. Too late for them now.


17 posted on 01/16/2010 6:24:13 AM PST by Virginia Ridgerunner (Sarah Palin has crossed the Rubicon!)
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To: Girlene

This could actually be an out for Obama. He could drop the so-called health care and blame it on big pharma.


18 posted on 01/16/2010 6:26:33 AM PST by tobyhill
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To: tobyhill

This reminds of the episode of MASH where Hawkeye is willing to wheel and deal with anyone for a needed new pair of boots. Everyone in the process is out for themselves and in a complex matrix of favors Hawkeye ultimately ends up bootless. Could we be so lucky?

http://exposingtheleft.blogspot.com/2010/01/drug-industry-threatening-to-end.html


19 posted on 01/16/2010 6:30:44 AM PST by traderrob6
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To: tobyhill

20 posted on 01/16/2010 6:33:58 AM PST by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: screaminsunshine

I work for a company that isn’t associated with PHARMA and can say they’ll get what they deserve. It’s like screwing a hook and getting and STD. They’re getting the STD.


21 posted on 01/16/2010 6:39:19 AM PST by personalaccts (Is George W going to protect the border?)
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To: tobyhill

I don’t think obama will EVER give up on the health care “reform” bill. He’ll keep making “deals” until there are no takers or until his peeps convince him those deals will cause him/them to lose power (and I seriously doubt anyone could convince him of that at this point). Hopefully, the American people will figure this out and take that power away from him with their choices on Tuesday and in November.


22 posted on 01/16/2010 6:40:49 AM PST by Girlene
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To: tobyhill
The pharmaceutical industry has been a crucial supporter of Obama's health effort, having spent many tens of millions of dollars on advertising and lobbying in support. Drug companies should profit from the millions of additional people who would be able to afford health coverage under the legislation.

Somebody want to go post this over at KOS and HuffPo?

Sleezebags.

23 posted on 01/16/2010 6:46:24 AM PST by McGavin999
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To: tobyhill

They’ll cave eventually.

I have a friend who is liberal and works for a drug company(explain that to me). I wonder if he will lose his job because if PHARMA thinks “healthcare reform” is going to be a money maker they are seriously delusional.


24 posted on 01/16/2010 6:54:31 AM PST by CarWashMan
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To: tobyhill

After years of protecting drug company profits from the Dims, and years of protecting the insurance companies from being required to offer more portability in their plans, I hope all Republicans have learned that big corporations are not political conservatives. They are strictly out for themselves and will switch sides in the political competition without a second thought. They will always check to see which side the bread is buttered on.


25 posted on 01/16/2010 7:16:10 AM PST by Will88
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To: tobyhill

The pharma industry’s goal is probably to just survive the Obama/Pelosi/Reid administration.


26 posted on 01/16/2010 7:16:40 AM PST by TimSkalaBim (Going to see Avatar would waste energy, and destroy the natural world)
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To: tobyhill
aarp is still supporting him.....I keep getting their insurance crap weekly, I keep sending back take me off your list notes and you are destroying my Medicare/Tricare messages. Can't get off their list, they smell money in the water.

Try thinking beyond 2011 for a COLA raise. Link to NO COLAS for several years

It's not just the seniors on SS, it's retired Military, Veterans on disability and those on SS disability also.

We know there is an 8% cut to Medicare with an increase in premiums, there is also a NEW Fee to Tricare the retired Military's health plan. There are also cuts to the VA in obamadeathcare. And as we know the famed Mayo Clinic in AZ is no longer accepting Medicare patients, those on Medicare are having a very hard time finding a doctor to accept them. Tricare which is administered from the same agency, their members are next on the list to be shunned by the medical community.

obamadeathcare paid for by cuts and taxes on the most vulnerable, Veterans, retired Military, the disabled and senior citizens, so he can give illegals free health care.

Pick up the article send it to as many senior citizens as you know. Print it out along with the Washington Compost article and pass it around. Seniors have not been informed of the cuts. I watch our evening news in Memphis and have not seen word one about it.

Demand your GOP elected congress critters grow a backbone and talk about the cuts/taxes on seniors in obamadeathcare. We gray hairs are the voting block most likely to vote each election cycle. I called Lamar Alexander and Bob Corker and made those demands. No use calling my commie House member, he's an 0 butt kisser deluxe.

27 posted on 01/16/2010 7:31:24 AM PST by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, disabled,seniors & retired Military)
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To: tobyhill
It amazes me to see how few on this thread understand how the "Chicago shakedown" works.

Take it back a couple of generations to a simpler time when Capone was around. The mom and pop shop keeper had to pay protection money to keep the thugs away from his business. They paid and paid for years. Get behind in a payment and you could be "whacked," your business torched, and your suppliers cut off.

With PhRMA or insurance it is the same thing only writ large and on a national, not neighborhood scale. These were industries looking at the potential of being nationalized by a guy with an incoming approval rating of >75% and the most hostile congress to free market business in recent memory.

US Chamber of Commerce was on board with Obama to begin with as it tried to look out for its members to reduce the level of damage they were almost certain to sustain under this regime. They saw how credible the Obama people were in the bargaining, realized how fleeced they were getting and boldly chose to flip the bird to Obama, and they took a hike.

Then the insurance companies peeled off from Obama when their fortunes were being thrown under the bus. Now PhRMA is perceiving Obama's hand (read: ability to to them harm) is losing power fast and they are becoming more emboldened and willing to stand up to the "bully on the block."

A lot of people have an ax to grind with the pharmaceutical industry, just as others might with any industry. Some think using the Canadian tax supported socialistic healthcare system to re-import pharmaceutical products is the way to "stick it" to the pharmceutical industry. All that means is less will get exported to countries that do this. It's just another statist's solution to a market condition. It's not a conservative's position.

Some think pharmaceuticals that take billions of dollars to research to develop should enjoy no patent protections or fruits of the risks and labors of thousands of people that make life-saving medicines happen. Take away the financial incentive to develop these medicines and expect fewer such medicines to be developed. It's really that simple. I doubt that is what most people would ultimately want.

I suspect that most of the posters here have never been in the position of mom and pop store owner, but many will place themselves in the position to judge them for the level of resistance they put up, or criticize them for giving up "too soon." They'll criticize when the victims of the bully got one arm broken and didn't hold out until every appendage was mangled -- or until they were just simply "offed." I'd say few of these arm-chair commentators are really in the position to judge.

FReegards!


28 posted on 01/16/2010 8:07:26 AM PST by Agamemnon (Intelligent Design is to evolution what the Swift Boat Vets were to the Kerry campaign)
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To: tobyhill

The pharmaceutical industry trusted Obama and found out what happens by doing so.


29 posted on 01/16/2010 8:20:49 AM PST by Vaduz
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To: Agamemnon
We like the pharmaceutical industry.

Why is it funding bad things?

AG Martha Coakley (D) oversees Michael Meehan’s attack
[her goon, Obama’s appointee and SEIU’s and PhRMA’s rep]
on an unarmed, innocent, unsuspecting reporter.

30 posted on 01/16/2010 8:46:58 AM PST by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: Diogenesis
I just love it when idiots like you post to threads without reading the headline -- never mind taking any time to read the article!

How was your most recent visit to the witch doctor by the way? Still buying and driving that union thug made car, and still pumping that terrorist-funding gasoling too, hypocrite?

FReegards!


31 posted on 01/16/2010 9:37:50 AM PST by Agamemnon (Intelligent Design is to evolution what the Swift Boat Vets were to the Kerry campaign)
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To: Agamemnon
Listen, FRiend, your personal attacks are undeserved.
It is wrong that your clients (PhRMA) support violence
and voter fraud and fund it.

Worse that you support it, too.

32 posted on 01/16/2010 11:27:02 AM PST by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: Diogenesis
Listen, FRiend, your personal attacks are undeserved.

Unless your only form of transportation is a horse, and you communicate only using soup cans and string you are a hypocrite and you're busted.

It is wrong that your clients (PhRMA) support violence and voter fraud and fund it. Worse that you support it, too.

It's wrong that you buy from baby killers and terrorists. Look yourself in the mirror and condemn everything you see when you do.

Hypocrite.


33 posted on 01/16/2010 11:56:52 AM PST by Agamemnon (Intelligent Design is to evolution what the Swift Boat Vets were to the Kerry campaign)
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