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Reason: Added a quote and comment

Active link for Luke Mitchel's Understanding Obamacare:

http://www.lukemitchell.org/2012/11/harpers-magazine-understanding-obamacare.html

From the article:

The Democratic deal for the drug companies is, if anything, even sweeter than the Democratic deal for the insurance companies. . . . "The White House blessed it," Tauzin said, assuring his clients that billions of government dollars would continue to flow their way. Democrats, meanwhile, must have been almost equally assured by the subsequent headline in Ad Age: "Pharma Backs Obama Health Reform with $150 Million Campaign."

Yes, those about to be "regulated" by Obamacare spent $150 million to help get Obamacare passed. THAT is how government "regulation" works: it pretends to help or protect consumers while instead enriching and "partnering" with the regulated industry. In the case of the FDA, for instance, this has lead to insanely high prices for pharmaceuticals, repeated FDA approval of drugs that are unsafe and often deadly, and forcible withdrawal from the market of actual safe and effective products that Pharma either wants a monopoly on or wants to no longer compete with.

1 year ago
1 score
Reason: Original

Active link for Luke Mitchel's Understanding Obamacare:

http://www.lukemitchell.org/2012/11/harpers-magazine-understanding-obamacare.html

1 year ago
1 score