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Big Pharma Loves Obama Care
patientpowernow.org ^ | 3/18/10 | Brian Schwartz

Posted on 03/22/2010 6:58:30 AM PDT by ICAB9USA

From Tim Carney’s article in the Washington Examiner, Dems tap drug maker millions for PhRMA-friendly bill:

Of all the single-industry lobbies in Washington, the largest is the Pharmaceutical Researchers and Manufacturers of America. PhRMA spent $26.2 million on lobbying last year — that’s nearly three times as much as the insurance lobby, America’s Health Insurance Plans, which spent $8.9 million.

If you include individual companies’ lobbying, pharmaceuticals blow away the competition, beating all other industries by 50 percent, according to data at the Center for Responsive Politics.

Given this Big Pharma clout, it’s unsurprising that the bill Obama’s whipping for — Senate bill — has nearly everything the drug companies wanted: prohibiting reimportation of drugs, preserving Medicare’s overpayment for drugs, lengthy exclusivity for biotech drugs, a mandate that states subsidize drugs under Medicaid, hundreds of billions in subsidies for drugs, and more.

Read the whole article:

(Excerpt) Read more at patientpowernow.org ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: corruption; drugs; healthcare; money; obamacare; pharma; pharmaceutical
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To: philetus

Given this Big Pharma clout, it’s unsurprising that the bill Obama’s whipping for — Senate bill — has nearly everything the drug companies wanted.
All of them


21 posted on 03/22/2010 7:29:48 AM PDT by Vaduz
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To: Buckeye McFrog

SEC installs blinders we see no in-sider trades.


22 posted on 03/22/2010 7:31:49 AM PDT by Vaduz
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To: mlizzy

Thanks so much for that great link. I read recently about oil of oregano and its powerful antibiotic properties.


23 posted on 03/22/2010 7:52:49 AM PDT by SamiGirl
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To: HiTech RedNeck
Without the market dynamic any more, why should they give us anything new?

Research just went out the window.

24 posted on 03/22/2010 8:16:37 AM PDT by bgill (The framers of the US Constitution established an entire federal government in 18 pages.)
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To: SamiGirl
Thanks so much for that great link. I read recently about oil of oregano and its powerful antibiotic properties.

You are welcome. Oregano Oil is "powerful" indeed. It *does* work similarly to antibiotics, except it's all natural, and there are no ill side effects. Here's a link to the "blog" of the Web site. These are true stories... Oils from God Blog

If you ever want to try it, remember to purchase *only* therapeutic grade.
25 posted on 03/22/2010 8:39:44 AM PDT by mlizzy ("Do not wait for leaders; do it alone, person to person" --Mother Teresa.)
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To: philetus

Very


26 posted on 03/22/2010 2:25:49 PM PDT by ICAB9USA (Â…Â… an Executive Order reasserting the intentions of the Hyde Amendment will be fulfilled (not))
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