Sunday, June 21, 2015

Government Sanctioned Extortion

60 Minutes re-aired a story about the exorbitant cost of cancer drugs.  They exposed one new drug costing over $10,000 per month that boasted extending the life expectancy of the afflicted by, on average a whopping forty-two days; that is for those that could afford the price.

Even more egregious is that Congress protects and sanctions prescription drug companies with laws that forbid Medicare from negotiating drug prices while most countries around the world are empowered legally and morally to do so.

How is it that these Congress enacted laws are different from racketeering? What is the difference between a nefarious criminal threatening bodily harm or death if one doesn't comply with their bankrupting terms, and the laws Congress has enacted and continues to sanction? Would someone please split that hair with the American people and me?

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