Posted on 05/01/2014 4:34:21 PM PDT by Toddsterpatriot
“They probably have to spend a little on learning what the correct active ingredients are not to mention how to make them.”
The thrust of the article was generic drugs sold by Costco, after the patent had run out... They had 17 years to recover the cost of R&D.
America only needs one way to allow the economy to resume growth and it is the best way.
Get the government out of the way.
The best way to get the government out of the way is to limit legislation to only that legislation the Congress is empowered to enact.
Then they should have listed generics, instead of name brand drugs.
How does that fix the economy?
Plus, you will end Progressivism,
How do steps 1 & 2 end progressivism?
Your precious Fed creates the fiat money you income tax lovers crave.
I saw this great quote the other day, but I forget where:
“The modern Liberal agenda is based on replacing what works, with what sounds good.”
The savings would last perhaps a year or three, but as the profit margin is squeezed out so too will be the innovation. Idiots.
What the healthcare market needs is about 15% of the regulations it currently has. Why can a CVS sit across the street from a Walgreens, but a hospital gets a regional monopoly? Why can’t I buy health insurance across state lines? Why can’t my pharmacist prescribe?
Did they figure in the costs to develop those drugs including the failures? Don’t fall for single entry accounting. It’s a typical liars trick.
Yah, sure. He could then immediately pass his amnesty bills, and then prevent any Select Committee investigations to find the truth out about the Obama presidency.
One of the problems is that we even use the phrase “trade balance”. All trade is 100% complete when you pay for it. There isn’t an imbalance.
When I buy $100 of food and pay $100 to my grocer here’s how that transaction looks:
$100 = $100 of food (or anything else)
Note bene the equation is an equality and therefore balanced. Let’s stop using the enemies lying verbiage. If you buy $1000 of APPL stock is that a trade imbalance. These guys are nuts (not you).
Well if the Leftists at Scopes say it is true then it must be. I trust Scopes like I would the NY or LA times, CBS, NBC or ABC or PBS. Be a little skeptical, please.
I thought the US Treasury printed money. What exactly does the Federal Reserve do?
The entire email should be immediately ash canned. It completely misses the true cost of drugs: the cost of getting FDA permission to sell the drugs. It's generally about a billion dollars per drug. That's Billion, with a B.
I for one am happy to bear this cost. I never met either of my grandfathers. Both died before I was born, from illnesses that are easily cured today for a couple of bucks worth of pills. Were it not for these drugs, I could be just as DEAD. The drug companies must be able to recover these costs or they will stop developing any new drugs. Want to pay three cents a pill for all drugs? It's easy, just pass drug price laws preventing the development of new ones, and buy all the three cent pills you like, from China.
The euphemistically named federal reserve (it’s not a government agency, nor is it a reserve of anything except IOUs) lend imaginary money to the US Gov’t treasury, which then deposits that faux money in the federal reserve banks which then lend it out to borrowers or bond markets. This can be accomplished in a variety of ways. The entire process is based upon the promise by the government that you the American taxpayer will pay the private banking cartel federal reserve back the faux money it lent to the government.
The Treasury authorizes the “printing” which the Fed MUST immediately buy T-Bills with the newly created fiat money. Think of a snake eating its own tail.
Wrong again. The ingredients in a patent must be disclosed long before permission is granted to actually sell the drugs. In many cases the time to recover the development and FDA approval costs is just a few years. The shorter the time, the more the cost of marketing the drugs to actually get doctors to prescribe them.
BTW, the new patent laws give 20 years, though it's still not enough. The longer the time, the LOWER the cost of development recovery.
“Wrong again.”
How could I be wrong again. I wasn’t wrong in the first place... I only posted an email I got...
Income tax, sales tax, tariff.....none change if we’re on a gold, silver or chocolate milk standard.
That is perfect!
It's owned by the government. And holds trillions in guaranteed bonds. Not to mention over $330 billion in gold.
lend imaginary money to the US Gov’t
No it doesn't.
which then deposits that faux money in the federal reserve banks
Which federal reserve banks?
The entire process is based upon the promise by the government that you the American taxpayer will pay the private banking cartel federal reserve back the faux money it lent to the government.
Hate to break it to you, but the taxpayers are on the hook for all the money lent to the government. Faux or otherwise.
The federal reserve is NOT owned by the government. As a privately held system they have even refused to be audited! It is a private banking cartel. Why would you try to mislead folks on that?
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