Drug Companies are nothing but parasites to Americans. We discuss why. The Republican Party is on a mission to kill Social Security, and they have it in writing.
Drug Companies should not exist.
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- Why Should Drug Corporations Like Merck and Eli Lilly Even Exist?: How do Big Pharma executives have the nerve to show their faces in public, much less threaten to sue the government that has enriched them with the treasureโand the livesโof the American public? Government-funded discoveries have given drug companies like Merck and Eli Lilly much, if not most, of their patented technology. The governmentโs lax attitude toward drug company predation and criminality has made them even richer. A recent staff report from the Senate Health, Education, Labor, and Pensions (HELP) Committee and its chairman, Sen. Bernie Sanders, found that โthe average price of new treatments over the past 20 years that NIH scientists helped invent is $111,000 โ more than ten times the price that led the NIH to first introduce a reasonable pricing clause in 1989.โ [More]
- House GOP Panel Releases Budget That Would โDestroy Social Security as We Know Itโ: A panel comprised of three-quarters of the House Republican caucus released a budget proposal on Wednesday that would raise the Social Security retirement ageโcutting benefits across the boardโwhile further privatizing Medicare and slashing taxes for the rich, a plan that Democratic lawmakers and progressive advocacy groups said is a clear statement of the GOPโs warped priorities ahead of a critical spending fight this fall. The proposal outlined by the 175-member Republican Study Committee (RSC), led by Rep. Kevin Hern (R-Okla.), would gradually raise Social Securityโs full retirement ageโthe age at which people are eligible for full Social Security benefitsโto 69, up from the current level of 67 for those born in 1960 or later. [More]
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