Nothing Wrong Here

[polsongrizz]

Nope, there is absolutely nothing wrong with the American health Care system, none at all

Pharmaceutical Giant GSK to Pay $3B in Largest-Ever Health Care Fraud Case


Healthcare giant GlaxoSmithKline has agreed to an unprecedented $3 billion settlement with the U.S. government over allegations that the company advertised drugs for uses not approved by the Food and Drug Administration and then used lavish gifts to convince doctors to prescribe the drugs.

The multi-billion dollar settlement is the largest in U.S. history for alleged healthcare fraud, government officials said.

In one instance, a drug was widely promoted to help treat depression even though the FDA had never tested it for such a use, according to the Department of Justice. In another, prosecutors said GlaxoSmithKline, or GSK, advertised the drug Paxil for use on children, despite the FDA not having approved antidepressant for anyone under 18. A notice posted on the website for the U.S. National Library of Medicine warned that a small number children to young adults taking Paroxetine -- which is sold under the brand name Paxil -- in clinical studies "became suicidal."

The government also said that GSK failed to report relevant safety information about the popular diabetes treatment Avandia to the FDA and even directly paid medical professionals to push the product on doctors for its alleged benefits for the heart -- even though GSK had no scientific data to back up that claim.

In all, GSK pleaded guilty to three criminal charges for which it will pay $1 billion and another $2 billion will be paid in civil liabilities under the False Claims Act.





http://news.yahoo.com/pharma-giant-gsk- ... ories.html

[AZGrizFan]

Don't make me pull out all the gov't-run medicare, medicaid, etc., etc., etc. fraud cases.

[dbackjon]

$3 Billion fine is cheap, espeically since they probably made far more than that off the drugs

[AZGrizFan]

$3 Billion fine is cheap, espeically since they probably made far more than that off the drugs

Well, only about 5,000 more fines like this one and our budget problems will be solved.

Let's see....there's Exxon, BP, BofA, Chase, Wells Fargo, Pfizer, Johnson & Johnson, GE....who else? I'm sure that with a little help, the gov't could find 5,000 companies to take $3,000,000,000 apiece from.

[AZGrizFan]

$3 Billion fine is cheap, espeically since they probably made far more than that off the drugs

Well, only about 5,000 more fines like this one and our budget problems will be solved.

Let's see....there's Exxon, BP, BofA, Chase, Wells Fargo, Pfizer, Johnson & Johnson, GE....who else? I'm sure that with a little help, the gov't could find 5,000 companies to take $3,000,000,000 apiece from.

HEre's a list of the first 500 the government can start with. Fucking evil capitalists.

http://money.cnn.com/magazines/fortune/ ... full_list/" onclick="window.open(this.href);return false;

[polsongrizz]

Don't make me pull out all the gov't-run medicare, medicaid, etc., etc., etc. fraud cases.

Not even sure how you equate the two but go for it. But since you mentioned it I agree, there is a shitload of waste in the Govt. Not sure if the ones you listed above though are any more wasteful then the Billions upon Billions given in Tax breaks to people who don't give a fuck about anybody but themselves.

[AZGrizFan]

Don't make me pull out all the gov't-run medicare, medicaid, etc., etc., etc. fraud cases.

Not even sure how you equate the two but go for it. But since you mentioned it I agree, there is a shitload of waste in the Govt. Not sure if the ones you listed above though are any more wasteful then the Billions upon Billions given in Tax breaks to people who don't give a fuck about anybody but themselves.

All true. Which is why LESS government is ALWAYS better than MORE government. THanks for making my point...

[polsongrizz]

Not even sure how you equate the two but go for it. But since you mentioned it I agree, there is a shitload of waste in the Govt. Not sure if the ones you listed above though are any more wasteful then the Billions upon Billions given in Tax breaks to people who don't give a fuck about anybody but themselves.

All true. Which is why LESS government is ALWAYS better than MORE government. THanks for making my point...

You had a point?

[Tod]

Don't make me pull out all the gov't-run medicare, medicaid, etc., etc., etc. fraud cases.

Like the fraud perpetrated by Rick Scott, gov. of Florida.

I support (and made up, afaik), the creation of a large administration (100,000 strong) to police fraud against the federal government.

I figure, at $100,000 per year per person (no, that's not just the salary), it would cost about $10B per year.

ABC news (and others) reported awhile back that Medicare fraud alone cost about $70B per year. Most is not intentional.

100,000 jobs created, all they have to do is save the Gov't $10B per year to pay their own salaries. When they save $50B per year, it's win-win.

[JohnStOnge]

So let's just get rid of all the pharmaceutical companies. Things would be much better then. Yes, our government is good and moral...all those Congressman and those saintly bureaucrats...while those evil pharmaceutical companies are of the devil. We'd be better off without them. Who NEEDS what they produce?

It's not like they have produced anything of value.

[polsongrizz]

So let's just get rid of all the pharmaceutical companies. Things would be much better then. Yes, our government is good and moral...all those Congressman and those saintly bureaucrats...while those evil pharmaceutical companies are of the devil. We'd be better off without them. Who NEEDS what they produce?

It's not like they have produced anything of value.

[Tod]

So let's just get rid of all the pharmaceutical companies. Things would be much better then. Yes, our government is good and moral...all those Congressman and those saintly bureaucrats...while those evil pharmaceutical companies are of the devil. We'd be better off without them. Who NEEDS what they produce?

It's not like they have produced anything of value.

The vast majority of what they produce comes from the research done at universities with government grants(our tax money).

[Grizalltheway]

So let's just get rid of all the pharmaceutical companies. Things would be much better then. Yes, our government is good and moral...all those Congressman and those saintly bureaucrats...while those evil pharmaceutical companies are of the devil. We'd be better off without them. Who NEEDS what they produce?

It's not like they have produced anything of value.

The vast majority of what they produce comes from the research done at universities with government grants(our tax money).

While I agree that pharma companies should conduct their business ethically, and be held accountable when they don't, they do actually put many billions into conducting their own in-house research.

[houndawg]

$3 Billion fine is cheap, espeically since they probably made far more than that off the drugs

Well, only about 5,000 more fines like this one and our budget problems will be solved.

Let's see....there's Exxon, BP, BofA, Chase, Wells Fargo, Pfizer, Johnson & Johnson, GE....who else? I'm sure that with a little help, the gov't could find 5,000 companies to take $3,000,000,000 apiece from.

It's wonderful when you show a glimmer of intelligence!


The US standard of living peaked when the corporations were paying 90%.

[Tod]

The vast majority of what they produce comes from the research done at universities with government grants(our tax money).

While I agree that pharma companies should conduct their business ethically, and be held accountable when they don't, they do actually put many billions into conducting their own in-house research.

I don't disagree.

I like Sen. Bernie Sanders' idea. When a new drug is approved by the FDA, the cost of research plus 10% is paid to that company (by law) to buy the patent. Then, anybody licensed to make drugs can make that drug. Competition.

[YoUDeeMan]

While I agree that pharma companies should conduct their business ethically, and be held accountable when they don't, they do actually put many billions into conducting their own in-house research.

I don't disagree.

I like Sen. Bernie Sanders' idea. When a new drug is approved by the FDA, the cost of research plus 10% is paid to that company (by law) to buy the patent. Then, anybody licensed to make drugs can make that drug. Competition.

Sure...if it takes $1,000,000 to bring a drug to market, then the company can get it's $1,000,000 back and make $100,000 in profit. And when their next two or three drugs don't make it to market after investing $500,000 each, then the company can just go belly up. Brilliant!

As far as GSK goes, their CEO, top leaders, and Board members should be stripped of any shares of stock and then they should be used as guinea pigs for the testing of the next dozen or so drugs.

[ODUsmitty]

I don't disagree.

I like Sen. Bernie Sanders' idea. When a new drug is approved by the FDA, the cost of research plus 10% is paid to that company (by law) to buy the patent. Then, anybody licensed to make drugs can make that drug. Competition.

So a private company's intellectual capital becomes public domain for a mandatory 10% payout after proven to be useful to society? You are a dope of the highest order. Congratulations, you make D1B look like a relative moderate.

You are an effing communist idiot. Take your coerced competition and shove it up pansy commie ass. The government has no mandate to take the "property rights" as you mention. Go fuck yourself, you fucking tree-hugging loser. Atlas Shrugged was not meant as a playbook.

Kim Jong Il is looking for a DMZ tour guide. I hear North Korea is lovely this time of year. Please leave, and promise not to breed within our borders. I cannot stand the possibility of a Tod jr. spouting your moronic, government-intrusive bullshit to waste my precious time.

Go fuck a goat, commie.

[Tod]

I don't disagree.

I like Sen. Bernie Sanders' idea. When a new drug is approved by the FDA, the cost of research plus 10% is paid to that company (by law) to buy the patent. Then, anybody licensed to make drugs can make that drug. Competition.

Sure...if it takes $1,000,000 to bring a drug to market, then the company can get it's $1,000,000 back and make $100,000 in profit. And when their next two or three drugs don't make it to market after investing $500,000 each, then the company can just go belly up. Brilliant!

As far as GSK goes, their CEO, top leaders, and Board members should be stripped of any shares of stock and then they should be used as guinea pigs for the testing of the next dozen or so drugs.

They get to sell the drug. Did you somehow miss that? Oscar Mayer didn't invent meat, and holds no patents on it, but does far better than generics. But we have a choice.

[Tod]

I don't disagree.

I like Sen. Bernie Sanders' idea. When a new drug is approved by the FDA, the cost of research plus 10% is paid to that company (by law) to buy the patent. Then, anybody licensed to make drugs can make that drug. Competition.

So a private company's intellectual capital becomes public domain for a mandatory 10% payout after proven to be useful to society? You are a dope of the highest order. Congratulations, you make D1B look like a relative moderate.

You are an effing communist idiot. Take your coerced competition and shove it up pansy commie ass. The government has no mandate to take the "property rights" as you mention. Go **** yourself, you **** tree-hugging loser. Atlas Shrugged was not meant as a playbook.

Kim Jong Il is looking for a DMZ tour guide. I hear North Korea is lovely this time of year. Please leave, and promise not to breed within our borders. I cannot stand the possibility of a Tod jr. spouting your moronic, government-intrusive bullshit to waste my precious time.

Go **** a goat, commie.

Shove it up your azz, you bleeding kunt.

[AZGrizFan]

Sure...if it takes $1,000,000 to bring a drug to market, then the company can get it's $1,000,000 back and make $100,000 in profit. And when their next two or three drugs don't make it to market after investing $500,000 each, then the company can just go belly up. Brilliant!

As far as GSK goes, their CEO, top leaders, and Board members should be stripped of any shares of stock and then they should be used as guinea pigs for the testing of the next dozen or so drugs.

They get to sell the drug. Did you somehow miss that? Oscar Mayer didn't invent meat, and holds no patents on it, but does far better than generics. But we have a choice.

What about the other issue brought up? The billions of dollars in research that never leads to anything? Does the government reimburse them dollar for dollar there?

[grizzaholic]

So a private company's intellectual capital becomes public domain for a mandatory 10% payout after proven to be useful to society? You are a dope of the highest order. Congratulations, you make D1B look like a relative moderate.

You are an effing communist idiot. Take your coerced competition and shove it up pansy commie ass. The government has no mandate to take the "property rights" as you mention. Go **** yourself, you **** tree-hugging loser. Atlas Shrugged was not meant as a playbook.

Kim Jong Il is looking for a DMZ tour guide. I hear North Korea is lovely this time of year. Please leave, and promise not to breed within our borders. I cannot stand the possibility of a Tod jr. spouting your moronic, government-intrusive bullshit to waste my precious time.

Go **** a goat, commie.

Shove it up your azz, you bleeding kunt.

[AZGrizFan]

Shove it up your azz, you bleeding kunt.

Way to keep your head on a swivel, Brick!

[ODUsmitty]

You would be lucky to floss of my scrotum hairs, you spineless communist piece of shit.

Try pedalling your commie shit on more fertile environments, Tod. I make more money than you, I earn more money than you, I deserve more money than you, and I loathe you and your detestable offspring.

My two boys would honestly spit at your when passing you and your vagrant shopping cart on some anonymous street. Enjoy your government cheese, bitch, as I care nothing about you, your needs, your insecurities, your bastard family, and your idiotic views of what is fair.

Try producing what I do in this fucked up economy and then come back to tell me about fairness and equality. I fucking hired 7 people over that past 2 years, with lifestyle sustaining jobs and full benefits. And i needed nothing more than a hungry sales force and proper management to make it happen. No bailout, no stimulus, no fucking jobs bills. You want to talk to me about contributing to this society, then take a fucking number and stand in fucking line, you moronic commie assclown. Otherwise shut the fuck up and learn how the world really operates,

Now make sure my car is wiped clean, you fucktard.

[grizzaholic]

You would be lucky to floss of my scrotum hairs, you spineless communist piece of shit.

Try pedalling your commie shit on more fertile environments, Tod. I make more money than you, I earn more money than you, I deserve more money than you, and I loathe you and your detestable offspring.

My two boys would honestly spit at your when passing you and your vagrant shopping cart on some anonymous street. Enjoy your government cheese, bitch, as I care nothing about you, your needs, your insecurities, your bastard family, and your idiotic views of what is fair.

Try producing what I do in this fucked up economy and then come back to tell me about fairness and equality. I fucking hired 7 people over that past 2 years, with lifestyle sustaining jobs and full benefits. And i needed nothing more than a hungry sales force and proper management to make it happen. No bailout, no stimulus, no fucking jobs bills. You want to talk to me about contributing to this society, then take a fucking number and stand in fucking line, you moronic commie assclown. Otherwise shut the fuck up and learn how the world really operates,

Now make sure my car is wiped clean, you fucktard.

WOW. Just WOW. Don't let a discussion get your blood boiling.

The bolded line had me rolling though.

[ODUsmitty]

Guess that was too harsh, Grizz.

My apologies for the overstep.

Maybe when liberal assclowns decide to quit telling me what is fair and proper in their world, then I will decide to quit defending what is actually fair and proper in my world. I want nothing other than to free of the responsibilities of Tod and his ilk, but that is "inconvenient" in that I fund that very parasite's existence.