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2018-12-02 08:20 by Karl Denninger
in Health Reform , 200 references Ignore this thread
This Is NOT Conservative
[Comments enabled]

Simply put what we're dealing with here is not "Conservatism" at all: It is instead the promotion of violent, at-gunpoint thuggery in which refusal means death by withdrawal of that which you allegedly need to survive.

A coalition of 55 conservative groups has written a letter calling on the Trump administration to withdraw a proposal to lower drug prices, warning of creating "price controls."

The letter from the groups represents a break between President Trump and conservative allies over the drug pricing proposal unveiled in October, which departs from the traditional Republican position on drug prices.

The letter warns that the administration's proposal "imports foreign price controls into the U.S."

It was signed by leaders of prominent conservative groups such as Americans for Tax Reform, FreedomWorks and the American Conservative Union.

These 55 groups are Racketeers.  They promote not transparency, price discovery and a free market but rather monopolistic control over people's lives.

Technological advancement always makes something of equivalent kind and quantity cheaper.  It is the power behind GDP advancement in the form of what is called productivity.

And in every place where you do not find it in America today and for the last 30 years you will find at-gunpoint command economic features that share one common thread: They're illegal under 100+ year old anti-trust law.

Where that won't do industries have actually gone and gotten special exemptions.  The drug industry, however, does not have one -- except in one place, which is in the prohibition of "reimportation" of drugs.

Let's be clear what we're talking about here: The purchase of a substance that is properly and honestly labeled, is deemed safe and effective by our government, by someone who happens to be across an arbitrary line on a map and who then desires to transport and sell it.

In other words legislated market controls which is exactly what these "55" claim to be against.

Further, there is the example of a Naloxone similar drug in an "auto injector" for opioid overdoses that was jacked up by some 600% in price but only for some people -- those with insurance.  This too is illegal under Robinson-Patman which says that for a physical item that travels in interstate commerce (so the Federal Government has jurisdiction) pricing differentials between buyers of like kind and quantity, where the intent is to lessen or dissuade competition, are illegal.

Well?  Where is the indictment?

Let's be clear: This must stop.  It is already illegal under 100+ year old law.  These "55" organizations are in fact advocating for continued criminal activity and should be named and indicted as co-conspirators.

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Cvdoc
Posts: 418
Incept: 2009-06-11

Washington, DC
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I love it when the Republican establishment tells us explicitly what side they are on. Guess what . . . Not our side.

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Few men desire liberty; most men wish only for a just master.
Sallust
Benthere
Posts: 112
Incept: 2018-06-16

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whoever coined the phrase uniparty had it nailed, but I continually ask myself who the f**k would ever run for office in this day in age? Answer mostly people you wouldn't want creating policy but since I might think I would make a good official but would never put my neck out to try, you have the rascally lot we have, a polyglot collection of narcissists, thieves, egomaniacs , limousine liberals, social justice warriors, Marxists and we let them in, First into academia then into government since their mush brain students vote, just sprinkle in voter fraud and low skilled immigrants and we are screwed.
Jayhawk
Posts: 26
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San Diego, CA
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Well, as a cautionary not but not in any way to contradict, we did try price controls under Nixon and it failed horribly. That was sweeping controls including commodities which were not protected by patent, so not the same thing. Still, sweeping government price controls are fraught with problems, and the focus should be on the nature of patent law instead.

When a product is monopolized, either by the nature of the product such as distribution of utilities or by a patent, it is essential that the consumer be protected by price controls. In the case of natural monopoly we are, in the case of patented products we are not, and that must change.

The solution is either price controls, or (far better) a change in the nature of the patent issued, wherein the patent carries conditions preventing abuse.
Bodhi
Posts: 715
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Georgia
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Huh? They passed laws criminalizing the import of drugs for resale from countries where it costs 90% less and they whine about price controls? smiley

Mangymutt
Posts: 756
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Vancouver WA
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THIS!

This, is what Trump was waiting for, all part of his multilevel 17D chess match. He put Jeffery in charge of our nations laws with express orders to only wake up from naps to investigate low level cannabis crimes. All the while allowing dr's, clinics and their staff to over prescribe addictive, mind and body altering opioids. While charging outrageous prices on anything and everything they could put a bar code on.

Trumped lulled his opponents with his mystical, magical tweets, strange facial expressions and manly rhetoric.

And got just what he needed.

You see Trump now has a written statement directly linking not only these 55 groups, but their member's, board members and sub-groups they are tied to, to racketeering and a host of actual crimes. These fools fell for his plan, he now has names, address and other very useful information directly linking those hiding in the shadows. Plus he now has Whitacker as AG, so these groups and their people will have no place to run or hide as he will direct the FBI to use all of their resources to protect the American people and defend the constitution.

All Hail Trump and his, unicorn fart infused 37D chess playing prowess.


Now were did I leave my "Trading Bitcoin - The Idiots Guide" Book? I got serious coin to be making this week.
Burya_rubenstein
Posts: 1421
Incept: 2007-08-08


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Jayhawk: Patents were originally supposed to expire in a finite amount of time. The idea was to encourage a price for the patented product that would make it worth while to get the item *now* rather than wait for the expiration in spite of the royalties. I don't doubt that the system needs fixing.
Capeman
Posts: 3923
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San Diego
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F*** these guys. They taint conservatism with this BS. I work in the biotech and see this pricing issue firsthand and would love to see it stop. US patients shouldn't be subsidizing the rest of world.

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Tickerguy
Posts: 155252
Incept: 2007-06-26
A True American Patriot!
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@Capeman -- they don't taint it, this IS what is called "Conservatism."

It's not. It's a lie, a fraud, a scam, and every one of them and everyone who CALLS THEMSELVES "Conservative" yet is a member of any such org, is affiliated with same professionally, politically or otherwise is nothing other than a financial rapist and must be treated as such.

Until and unless they are THAT IS CONSERVATISM and my response is that anyone who CALLS themselves "Conservative" under such conditions is someone who I would not******on if they were on fire. In fact I'd CHEER ON THE FLAMES.

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Winding it down.
Onelegged
Posts: 474
Incept: 2009-11-13

NW Colorado
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"...which departs from the traditional Republican position on drug prices."

Why in the bloody Hell is there a "traditional Republican position" on drug prices is the first place? That's the beginning of the scam right there.

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The light at the end of this tunnel is a train and it's gathering speed.
Vernonb
Posts: 2288
Incept: 2009-06-03

East of Sheol
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OMG,

Just looked at the PDF with those 55 organizations from the link. I want to see the damned disclosure statement for every officer and policy creation member to how much stock they own in each of these damned drug companies.

I'm sure none of these crooks took the time to send out a statement to their members (I belong to none) declaring any conflicts of interests when they sent that letter.

What we have here I am sure is the stealership of these organizations trying to enrich themselves! If this is not conspiracy then what is? All these organizations are infected and deserve to be burned the ground. These organizantions are not about principles but re-election of their so-called "conservatives."

@Mangymutt,

I sure as hell hope you are being sarcastic. For all we know tRump put them up to this for cover as an excuse to cover his health care lies! Remember the stuff pulled from the website after the election? Who knows what dirt he has on that stealership by now.





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"Mass intelligence does not mean intelligent masses."
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