posted on September 7, 2004 04:33:09 AM newAuthor: Pharmaceutical Executives Face Mothballing Their Yachts
Tuesday, 7 September 2004 Posted: 10:37 AM (-0500 TZ)
BOSTON (GWB) --
President Bush recommended price supports for the ailing drug industry during a stopover at a major manufacturing facility. According to a recent study by the drug industry, profits have dipped to 30% in the first half of 2003, setting off alarms bells throughout Wall Street. Congress has demanded action.
Between calls for cheap Cipro for anthrax victims and affordable antiretrovirals for AIDS patients, pharmaceutical executives are hardly able to maintain their yachts and palaces. And without these, the American economy will surely collapse, as literally millions of jobs depend on maintaining the billionaire lifestyle.
A major problem in the drug pricing war is that Africans are exploiting U.S. pharmaceuticals with their self-serving complaints of lack of purchasing power. Drugs that keep HIV/AIDS patients alive in the U.S. were costing $10,000 a year by the late 1990s. Africans have been trying to cheat U.S. pharmaceuticals out of $9750 per patient per year by requesting generic equivalents produced by Indian firms for $250. Fortunately, President Bush has taken offense at this outrageous attempt to rob good American companies. In a few more years there will be 70 million AIDS cases in sub-Saharan Africa, so we're headed for a grossly immoral outcome unless African suffering and death is rated less important than corporate profits. Thank God President Bush is a good Christian who knows right from wrong. There's no question he'll do the right thing.
posted on September 7, 2004 11:49:00 AM new
Drug prices too low Mr. Bush, tell that to the folks going to Canada & Mexico to buy their drugs so they can save enough money to EAT.
posted on September 7, 2004 01:24:37 PM new
You mean there are people out there who can still buy meds? Damn, prices must be too low. Ailing pharmaceutical companies? I think they are pricing themselves right out of business. Maybe they should start their cuts from the top down. What a sham to blame the sick and dying while the execs still enjoy their perks.
Cheryl
. . .if you still try to defend the infamies and horrors perpetrated by that Antichrist- I really believe he is Antichrist- I will have nothing more to do with you and you are no longer my friend.. . - War and Peace, Tolstoy
posted on September 7, 2004 02:19:20 PM new
I don't understand your article, Austbounty. The last I heard, the drug companies, over any other company, makes the most in profits and is one of the Republican's major contributors. Hmmm. Companies are allowed to go overseas, but if people need cheaper meds and go elsewhere then they're given this guilt trip - look what you Americans have done to these poor drug companies. Boo hoo.
This article is a parody of Republican policy and behavior...similar to the "Onion". In the spirit of that paper I will add that those people who are accustomed to "gluttonous consumption" really need our support. Keep America working toward that goal...Remember that all slaves who serve their master of corporate greed will be rewarded in heaven!
The appointment of Ken Lay as assistant to the Secretary of State will whip this economic collapse back into shape! While American men and women risk their lives to keep Bechtel and Haliburton free, "Kenny Boy" will certainly distinguish himself in his ability to cook the books - hide the losses - and make fraud work!!!
