Open thread March 31, 2915 Dan Crawford | March 31, 2015 8:48 am Tags: open thread Comments (3) | Digg Facebook Twitter |
as Spencer has explained, just because retail sales are lower doesnt mean that personal consumption expenditures are down…in fact, 4th Quarter GDP Unrevised at 2.2% Rate Despite Near Record PCE Growth
i also have a piece at Kos;fracking and the Trans-Pacific Partnership probably a lot of stuff you already know, that exports of natural gas to Japan will cause US prices to rise, and that gas investors will be able to sue New York for their fracking ban
We have to start looking at these drug monopolies as if they were John D. Rockefeller land. They may be temporary monopolies but when 5 million Hep C patients can use a new drug that costs $84,000 a treatment that adds up to $400 billion+ for one treatment of one ailment.
Steven Brill reports the government paid for the initial research on the med but when the researchers smelled money they switched to private funding. Brill says 1/10 the price would be reasonable. The endocrinologist at the heart of the research made $440 million for himself.
If you can go to India and stay 12 weeks you can do the same course of treatment for $1,000 (maybe you can sneak the pills back; don’t know if that’d be legal — why not?). Wouldn’t it make the point if Medicare did something outlandish (I wont say crazy) like approving payment for the Indian trip to save tens of thousands of dollars (I’ve seen an estimate of $54,000)?
“The Scandals That Will Cost Hillary Clinton the Presidency in 2016”
Covers actual law violated new land in scandal in Haiti.