Drug CEO - If I Could Do It All Over Again

[MI2AZ]

Ah, hindsight. If he could do it all over again, what would Martin Shkreli—the CEO vilified for raising the price of a drug 5,000%—do differently? "I probably would have raised prices higher, is probably what I should have done," he said in response to a question at a summit sponsored by Forbes. "I could have raised it higher and made more profits for our shareholders. Which is my primary duty." He added, per CBS News, that capitalism demands it. "No one wants to say it, no one's proud of it, but this is a capitalist society, capitalist system, and capitalist rules, and my investors expect to me to maximize profits."

 

[MI2AZ]

Which leads me to believe that something that I read online may be true. It was said that drug companies do not want to find a cure for cancer, rather they would prefer to find a pill that would stave off cancer as long as you kept taking their pill. Once you run out of money to pay for the pill, then you can die.

 

[Good Times Good Times]

Ah, hindsight. If he could do it all over again, what would Martin Shkreli—the CEO vilified for raising the price of a drug 5,000%—do differently? "I probably would have raised prices higher, is probably what I should have done," he said in response to a question at a summit sponsored by Forbes. "I could have raised it higher and made more profits for our shareholders. Which is my primary duty." He added, per CBS News, that capitalism demands it. "No one wants to say it, no one's proud of it, but this is a capitalist society, capitalist system, and capitalist rules, and my investors expect to me to maximize profits."

This is the exact logic most of our right-wing extremists use here to justify things. So they ARE in some ways, essentially, the prick known as Martin. I'm glad I'm not a human being like Martin Shkreli. I do not and will not worship at the altar of unbridled capitalism.

I'm so glad Bernie returned this guy's contribution. That's character.

 

[Greg T.]

You folks don't see that this guy is a plant? He's obviously a government operative put in this position to stain capitalism and private healthcare. His objective is to sway as many voters as possible to the socialist side.

 

[9andaWiggle]

This is the exact logic most of our right-wing extremists use here to justify things. So they ARE in some ways, essentially, the prick known as Martin. I'm glad I'm not a human being like Martin Shkreli. I do not and will not worship at the altar of unbridled capitalism.

I'm so glad Bernie returned this guy's contribution. That's character.

If the left wing extremists were any better, they'd have addressed healthcare/prescription drug costs with the ACA. Oops, I see the ACA had nothing in it to bring about the "Affordable" part of its name...

 

[Good Times Good Times]

If the left wing extremists were any better, they'd have addressed healthcare/prescription drug costs with the ACA. Oops, I see the ACA had nothing in it to bring about the "Affordable" part of its name...

Single-payer. But I agree, the ACA does not go far enough.

http://www.healthcare-now.org/index.php?s=Bernie+Sanders+S.+1782

BTW, KYNect is a huge success in KY.

https://en.wikipedia.org/wiki/Kynect

"137,000 individuals were reported using the website on the first four days of operation. [1] The New York Times[2] reported that Kentucky was "far ahead of most in signing up people" at the end of October, the first month of enrollment. By April 15, 2014, over 410,000 Kentuckians had signed up for health care plans through kynect.[3]"

 

[Good Times Good Times]

But to the OP, Martin is a jerk.

 

[Robadat]

BTW, KYNect is a huge success in KY.

https://en.wikipedia.org/wiki/Kynect

"137,000 individuals were reported using the website on the first four days of operation. [1] The New York Times[2] reported that Kentucky was "far ahead of most in signing up people" at the end of October, the first month of enrollment. By April 15, 2014, over 410,000 Kentuckians had signed up for health care plans through kynect.[3]"

Really???

Insurer to stop offering plans on Kynect

LOUISVILLE, Ky. —Tens of thousands of Kentuckians will have to look for new health insurance, because one of the state's least expensive options will no longer be offered.

Kentucky Health Cooperative insured 51,000 people, but it was reliant on federal funds that were heavily slashed this year.

The cooperative's share of those funds was cut from $77 million to $9.7 million.

The taxpayers were footing the bill for KYNect, the feds slashed it, the people are losing their coverage. I would expect other carriers to follow suit. If they're not getting properly funded and lose money, they want no part of it.

Hugh Success story for the ACA...

 

[Good Times Good Times]

Since Jan. 1, 2014, the exchange has enrolled more than 500,000 people. The state's uninsured rate has dropped from 20 percent to 8.5 percent.

I'm for single-payer and I've never stated the ACA was perfect, but to say the above fact isn't a good thing is pretty unfair.

 

[Good Times Good Times]

WE'RE OFF TOPIC AND I'LL TAKE SOME BLAME.

My take: Martin S is a jerk.