Capitalistic greed is the main problem in the U.S.

[hangover]

The price of the Epipen just went up 500%. It costs a dollar to make, and big pharma is charging $500.00 to save a child's life.

The cost of all drugs in the U.S. are ten times more than any other country.

Health insurance is high because of greed. Doctors and hospitals are some of the greediest.

And it's not just big pharma, it's big oil too. When oil was $140.00 a barrel, gas cost $4.00 a gallon. Now oil is three times less at $47.00 a barrel, and we still pay over $2,20 a gallon.

But the real big greed is the military industrial contractors. $600.00 for toilet seats.....$500.00 for coffee makers....and that's just the cheap stuff.

Greed is why we have a $17 trillion national debt.

Greed is why most crimes are committed. Most in prison are there because of greed.

Lawyers are greedy. NO money, you're guilty.

Politicians work less than six months a year for over $200,000.00 plus healthcare, paid vacations, free transportation, and full retirement after four years.

Remember all you 20, 30 & 40 somethings, you're gonna be old in the blink of an eye....and you're gonna pay through the wazoo. Promise.

 

[Conservative65]

The price of the Epipen just went up 500%. It costs a dollar to make, and big pharma is charging $500.00 to save a child's life.

The cost of all drugs in the U.S. are ten times more than any other country.

Health insurance is high because of greed. Doctors and hospitals are some of the greediest.

And it's not just big pharma, it's big oil too. When oil was $140.00 a barrel, gas cost $4.00 a gallon. Now oil is three times less at $47.00 a barrel, and we still pay over $2,20 a gallon.

But the real big greed is the military industrial contractors. $600.00 for toilet seats.....$500.00 for coffee makers....and that's just the cheap stuff.

Greed is why we have a $17 trillion national debt.

Greed is why most crimes are committed. Most in prison are there because of greed.

Lawyers are greedy. NO money, you're guilty.

Politicians work less than six months a year for over $200,000.00 plus healthcare, paid vacations, free transportation, and full retirement after four years.

Remember all you 20, 30 & 40 somethings, you're gonna be old in the blink of an eye....and you're gonna pay through the wazoo. Promise.

How are doctors and hospitals greedy?

How is big oil greedy?

Spending more than we bring in is how debt occurs.

While I'm not a big fan of lawyers, I thought whether or not you committed a crime determined guilt.

As for career politicians, that goes totally against what the founding fathers intended.

 

[The Great Goose]

everything was better when it was nationalised.

 

[Moonglow]

The price of the Epipen just went up 500%. It costs a dollar to make, and big pharma is charging $500.00 to save a child's life.

The cost of all drugs in the U.S. are ten times more than any other country.

Health insurance is high because of greed. Doctors and hospitals are some of the greediest.

And it's not just big pharma, it's big oil too. When oil was $140.00 a barrel, gas cost $4.00 a gallon. Now oil is three times less at $47.00 a barrel, and we still pay over $2,20 a gallon.

But the real big greed is the military industrial contractors. $600.00 for toilet seats.....$500.00 for coffee makers....and that's just the cheap stuff.

Greed is why we have a $17 trillion national debt.

Greed is why most crimes are committed. Most in prison are there because of greed.

Lawyers are greedy. NO money, you're guilty.

Politicians work less than six months a year for over $200,000.00 plus healthcare, paid vacations, free transportation, and full retirement after four years.

Remember all you 20, 30 & 40 somethings, you're gonna be old in the blink of an eye....and you're gonna pay through the wazoo. Promise.

How are doctors and hospitals greedy?

How is big oil greedy?

Spending more than we bring in is how debt occurs.

While I'm not a big fan of lawyers, I thought whether or not you committed a crime determined guilt.

As for career politicians, that goes totally against what the founding fathers intended.

What are the laws outlining what they didn't want? They also didn't like corporations and kept them on a leash but that changed...

 

[Moonglow]

everything was better when it was nationalised.

Even the teli?

 

[Wry Catcher]

Rising cost of potentially life-saving EpiPen puts pinch on families

"In 2009, pharmacies paid slightly more than $100 for a 2-pack of EpiPens. The price has since skyrocketed to more than $600."

http://well.blogs.nytimes.com/2016/08/22/epipen-price-rise-sparks-concern-for-allergy-sufferers/

 

[Slade3200]

EpiPen can go to hell. My friend has a shellfish allergy that leads to an anaphylactic reaction... Her throat closes up. She can't afford to buy an EpiPen and her insurance doesn't cover it. Further more they expire after a year so she would have to drop $600 for a pen that expires and needs to get tossed after only a year. Instead she doesn't have one and takes a risk every time she eats out. In the mean time the EpiPen execs and laughing their way to the bank

Mylan executives gave themselves raises as they hiked EpiPen prices

 

[martybegan]

EpiPen can go to hell. My friend has a shellfish allergy that leads to an anaphylactic reaction... Her throat closes up. She can't afford to buy an EpiPen and her insurance doesn't cover it. Further more they expire after a year so she would have to drop $600 for a pen that expires and needs to get tossed after only a year. Instead she doesn't have one and takes a risk every time she eats out. In the mean time the EpiPen execs and laughing their way to the bank

Mylan executives gave themselves raises as they hiked EpiPen prices

The patent on the drug in an epi pen and the mechanism itself should have run out a long time ago. All the FDA has to do is promise fast track approval for anyone who wants to make an equivalent product, and the manufacturer's hold on the market would wither away.

Yes, the company is greedy, but government regulations that make it next to impossible to field an equal product shares part of the blame. It's what creates the bottleneck in the first place.

 

[Slade3200]

Do you think the regulations are in place to protect the company or the consumer?

 

[martybegan]

Do you think the regulations are in place to protect the company or the consumer?

Something made for one purpose can be used for something else. Look at that Shkreli mess, that because he bought the one maker of an old old drug, and because of the cost of getting a generic through the FDA, he was able to corner the market.

One does want to protect the public, but processes like the FDA drug approval process have gone beyond protecting people, and into the bureaucratic quagmire that comes with all processes that endure for too long.

The solution in both cases is to figure out a way to simplify (and thus cost reduce) the process of generic approvals in these cases, thus getting other manufacturers involved, and breaking the monopoly.

 

[Wry Catcher]

EpiPen can go to hell. My friend has a shellfish allergy that leads to an anaphylactic reaction... Her throat closes up. She can't afford to buy an EpiPen and her insurance doesn't cover it. Further more they expire after a year so she would have to drop $600 for a pen that expires and needs to get tossed after only a year. Instead she doesn't have one and takes a risk every time she eats out. In the mean time the EpiPen execs and laughing their way to the bank

Mylan executives gave themselves raises as they hiked EpiPen prices

The patent on the drug in an epi pen and the mechanism itself should have run out a long time ago. All the FDA has to do is promise fast track approval for anyone who wants to make an equivalent product, and the manufacturer's hold on the market would wither away.

Yes, the company is greedy, but government regulations that make it next to impossible to field an equal product shares part of the blame. It's what creates the bottleneck in the first place.

The Congress can act, why don't they (Oh yeah, they're on vacation again)?

 

[martybegan]

EpiPen can go to hell. My friend has a shellfish allergy that leads to an anaphylactic reaction... Her throat closes up. She can't afford to buy an EpiPen and her insurance doesn't cover it. Further more they expire after a year so she would have to drop $600 for a pen that expires and needs to get tossed after only a year. Instead she doesn't have one and takes a risk every time she eats out. In the mean time the EpiPen execs and laughing their way to the bank

Mylan executives gave themselves raises as they hiked EpiPen prices

The patent on the drug in an epi pen and the mechanism itself should have run out a long time ago. All the FDA has to do is promise fast track approval for anyone who wants to make an equivalent product, and the manufacturer's hold on the market would wither away.

Yes, the company is greedy, but government regulations that make it next to impossible to field an equal product shares part of the blame. It's what creates the bottleneck in the first place.

The Congress can act, why don't they (Oh yeah, they're on vacation again)?

How so? the FDA can simplify its rules for generic drug approval on its given authority. Why does congress need to get involved?

What would they do, set price controls, hold hearings?

Those are show solutions, FDA moves to simplify generic approval in this case and the AIDS drug case would produce tangible, real results.

 

[Fenton Lum]

EpiPen can go to hell. My friend has a shellfish allergy that leads to an anaphylactic reaction... Her throat closes up. She can't afford to buy an EpiPen and her insurance doesn't cover it. Further more they expire after a year so she would have to drop $600 for a pen that expires and needs to get tossed after only a year. Instead she doesn't have one and takes a risk every time she eats out. In the mean time the EpiPen execs and laughing their way to the bank

Mylan executives gave themselves raises as they hiked EpiPen prices

The patent on the drug in an epi pen and the mechanism itself should have run out a long time ago. All the FDA has to do is promise fast track approval for anyone who wants to make an equivalent product, and the manufacturer's hold on the market would wither away.

Yes, the company is greedy, but government regulations that make it next to impossible to field an equal product shares part of the blame. It's what creates the bottleneck in the first place.

The Congress can act, why don't they (Oh yeah, they're on vacation again)?

How so? the FDA can simplify its rules for generic drug approval on its given authority. Why does congress need to get involved?

What would they do, set price controls, hold hearings?

Those are show solutions, FDA moves to simplify generic approval in this case and the AIDS drug case would produce tangible, real results.

I say we just go back to all preregulation since some of you people need to be reminded again as to why we have any at all.

It is always and will forever be a question of balance, and some of you are quite unbalanced.

 

[Slade3200]

Do you think the regulations are in place to protect the company or the consumer?

Something made for one purpose can be used for something else. Look at that Shkreli mess, that because he bought the one maker of an old old drug, and because of the cost of getting a generic through the FDA, he was able to corner the market.

One does want to protect the public, but processes like the FDA drug approval process have gone beyond protecting people, and into the bureaucratic quagmire that comes with all processes that endure for too long.

The solution in both cases is to figure out a way to simplify (and thus cost reduce) the process of generic approvals in these cases, thus getting other manufacturers involved, and breaking the monopoly.

Agreed, regulations need to be improved and amended but not simply cut or corporations will run wild and the public will suffer

 

[Wry Catcher]

Do you think the regulations are in place to protect the company or the consumer?

The regs need to protect the inventor AND the consumer. That's who I think US Patent Law ought to protect, but if one looks into the law there are hundreds of regulations and rules amended and repealed. There is no way to research who benefits and who loses; in the current case the answer is clear.

 

[TNHarley]

I LOVE it when people support a corporatist and then bitch about shit like this

 

[saintmichaeldefendthem]

Do you think the regulations are in place to protect the company or the consumer?

The government.

 

[Wyatt earp]

Rising cost of potentially life-saving EpiPen puts pinch on families

"In 2009, pharmacies paid slightly more than $100 for a 2-pack of EpiPens. The price has since skyrocketed to more than $600."

http://well.blogs.nytimes.com/2016/08/22/epipen-price-rise-sparks-concern-for-allergy-sufferers/

Is this what hillary uses?

I was wondering what they were talking about

 

[saintmichaeldefendthem]

Do you think the regulations are in place to protect the company or the consumer?

The regs need to protect the inventor AND the consumer. That's who I think US Patent Law ought to protect, but if one looks into the law there are hundreds of regulations and rules amended and repealed. There is no way to research who benefits and who loses; in the current case the answer is clear.

Now that the FDA requires pharmaceutical companies to fund their own testing process that takes years, they are out billions of dollars by the time the product hits the shelves. How do they make that up except to charge high prices? These companies are not charities and charities don't make life saving drugs.

 

[Slade3200]

Do you think the regulations are in place to protect the company or the consumer?

The regs need to protect the inventor AND the consumer. That's who I think US Patent Law ought to protect, but if one looks into the law there are hundreds of regulations and rules amended and repealed. There is no way to research who benefits and who loses; in the current case the answer is clear.

Now that the FDA requires pharmaceutical companies to fund their own testing process that takes years, they are out billions of dollars by the time the product hits the shelves. How do they make that up except to charge high prices? These companies are not charities and charities don't make life saving drugs.

The Feds help fund the development of the drugs, then the companies need to pay for the testing and marketing, then the government pays the companies to buy the drugs for the tax payers. I don't feel sorry for the pharmaceutical companies, they are doing just fine.

Taxpayers End Up Funding Drug Companies