Well, we were always told that the drug companies had to make a profit to
reimburse them for all of the expensive research they did to develop new
medications. It turns out that we were lied to.
Miriam
-----Original Message-----
From: blind-democracy-bounce@xxxxxxxxxxxxx
[mailto:blind-democracy-bounce@xxxxxxxxxxxxx] On Behalf Of Bob Hachey
Sent: Wednesday, September 23, 2015 1:58 PM
To: blind-democracy@xxxxxxxxxxxxx
Subject: [blind-democracy] Re: A Drug Company Raised a Pill's Price 5,500
Percent Because, in America, It Can
Hi Miriam,
Martin Shkreli is evil incarnate. Believe it or not, CBS News did a very
good story on this price hike and Martin Shkreli was put on the hot seat by
anchor scott pelli. I'd say his attitude constitutes a good bit of what's
wrong with America. He has no compunction raising the price of this drug by
5000 percent so long as it is legal to do so. He said all this crap about
how it would be wrong to sell a car for way below market value which is what
he claims was happening before the price increase. My wife Donna said he
ought to be thrown in jail for such behavior. I concluded that a more just
punishment would be to strip him of his wealth and force him to live in an
inner-city low-income neighborhood for a year. Would he last that long? I
sure wish we had the opportunity to find out. I have often said that profit
is a good motivator of innovation and that there is nothing wrong with
having some rich people so long as no one is forced to suffer for it.
Stories like this one are making me rethink this position.
Bob Hachey
