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Thread: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by BlackAsCoal View Post
    WASHINGTON -- The Obama administration appears to have almost no international support for controversial new trade standards that would grant radical new political powers to corporations, increase the cost of prescription medications and restrict bank regulation, according to two internal memos obtained by The Huffington Post.

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    New standards concerning access to key medicines appear to be equally problematic for many nations. The Obama administration is insisting on mandating new intellectual property rules in the treaty that would grant pharmaceutical companies long-term monopolies on new medications. As a result, companies can charge high prices without regard to competition from generic providers. The result, public health experts have warned, would be higher prices around the world, and lack of access to life-saving drugs in poor countries. Nearly every intellectual property issue in the November chart is opposed by a broad majority of the 12 nations. The December memo describes 119 "outstanding issues" that remain unresolved between the nations on intellectual property matters. The deal would obligate nations to develop many standards similar to those in the United States, where domestic prescription drug prices are much higher than costs in other nations.
    Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Obama is and has been nothing but a corporatist shill.

    'Hope and change' my ass.
    The Republocrats in general love corporate capitalism.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by Ikari View Post
    The Republocrats in general love corporate capitalism.
    Of course they do .. but will democrats take a stand against it now that it has found its way into their party?

  3. #33
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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by danarhea View Post
    To me, that is an excuse for corporations to gouge the customer. My wife has been taking Zyprexa for years. The cost of her prescription was $1,400.00 per month. A few months ago, Eli Lilly's patent ran out on the drug, and generic versions are now available. The cost for the generic version (Olanzapine) is now $29.00 per month.
    Yep. But would that drug have even existed without that profit potential? What was the alternate treatment before the price drop? Many products, upon initial release, are very expensive yet later, once R&D costs are recovered, come down to cover production/marketing costs alone.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  4. #34
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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by BlackAsCoal View Post
    Of course they do .. but will democrats take a stand against it now that it has found its way into their party?
    The Republocrats have no desire to take a stand against Corporate Capitalism, they've been working specifically to install, support, and proliferate it.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by Ikari View Post
    The Republocrats have no desire to take a stand against Corporate Capitalism, they've been working specifically to install, support, and proliferate it.
    Neither do the democrats, the same hand feeds them. And BlackAsCoal, it's been that way since the democrats first formed. Google Tammany Hall and read a bit.

  6. #36
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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by clownboy View Post
    Neither do the democrats, the same hand feeds them. And BlackAsCoal, it's been that way since the democrats first formed. Google Tammany Hall and read a bit.
    I think you need to reread what I wrote. You'll find that I've never disagreed with that sentiment.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by Dittohead not! View Post
    Who gets to decide when a profit becomes an incredible profit?

    Does Microsoft make an incredible profit as well?
    I would question any Microsoft hand in government as well if they needed subsidy and government protection.

    But you're missing the question. If this is so necessary, why do it in the backroom?

    11 Major Drug Companies Raked in $85 Billion Last Year, and Left Many to Die Who Couldn't Buy Their Pricey Drugs | Alternet

    Pharmaceutical Companies Profits Reach 30 Percent, Author Says | The Lund Report

    Obamacare Will Bring Drug Industry $35 Billion In Profits - Forbes

    Big Pharma Pockets $711 Billion in Profits by Price-Gouging Taxpayers and Seniors | Health Care for America Now

    As Drug Prices Continue To Soar, Big Pharma Reaped $84 Billion In Profits Last Year | ThinkProgress

    Obviously, this is no secret.

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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by Ikari View Post
    The Republocrats have no desire to take a stand against Corporate Capitalism, they've been working specifically to install, support, and proliferate it.
    I agree with you, but what are democrats going to do about it.

    It's not enough to just point out the republicans.

  9. #39
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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Quote Originally Posted by BlackAsCoal View Post
    I agree with you, but what are democrats going to do about it.

    It's not enough to just point out the republicans.
    Please read the words I wrote, you will find I have not disagreed.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #40
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    Re: Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal

    Obviously, it is not. So, what's the talk of "secret deals?" Everyone knows that the drug companies are enormously profitable, so there's no secret there. Everyone who has had to take a newly created medication knows that the cost is pretty high, so there's no secret there.

    What is the alternative? No profit, no new drugs. Government limiting profits? Government funding research? It seems to me that the alternatives have as many pitfalls as the current system.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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