Leaked: Obama’s TPP will raise cost of medicine, creates protections for pharmaceutical industry

You’ve got to hand it to Obama in a weird way. He does a good job of placating his populist flank while his administration does the bidding of large corporations. Obamacare is one example, net neutrality is another, the TPP yet another.

One of the reasons we have generally opposed the Trans Pacific Partnership, even though we are big fans of international free trade, is because the agreement is likely chock full of crony deals. There’s a reason why so much secrecy surrounds the thing.

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Leading anti-marijuana academics are paid by painkiller companies

In an earlier post we wondered why it is that we have what is essentially “medical heroin” (Oxycontin) in all 50 states, but medical marijuana  – a far, far safer drug – in only a few states. We argued that Big Pharma had a lot to do with it. A recent report from VICE supports this hypothesis.

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Drugstores cashing in big on Obamacare expansion of drug subsidy

Some hospitals which serve struggling areas have long qualified for the program which forces drug makers to sell their products at steep discounts. This was supposed to reward the hospitals for providing needed services. Since the patients, and their insurance companies are charged full price, this program, the 340B drug subsidy program, is a sweet deal for the hospitals.

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Will Government Protect Big Pharma from 3D Printing?

3D printing is revolutionizing manufacturing already. From food to guns, the old business models are being undermined.  Information is spilling out all over the place, information one can now hold in one’s hands.

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How much is Obamacare REALLY going to raise your premiums? (in most states, quite a lot) Part 2: The raw study by the Society of Actuaries

It is interesting to me how wedded some people are to the idea that Obamacare is not a crony capitalist disaster. I understand why. It is the president’s signature piece of legislation. It has long been the dream of many in this country to implement nationalized healthcare. To acknowledge that what at first appeared to be an important political victory is likely anything but, is a hard pill to swallow.

If Obamacare fails it also means that Obama fails historically,

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