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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (42431)12/8/2005 2:30:30 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
CFC Passes the Trash
globaleconomicanalysis.blogspot.com
Mish



To: Knighty Tin who wrote (42431)12/8/2005 2:58:44 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Politics or Not, Bronx Warmly Receives Venezuelan Heating Oil

"To those who say this is to score political points," he told a shivering crowd when the first oil arrived, "I invite any American corporation that wants to score points with my community to start this afternoon."

Last week, Citgo bought full-page ads in The Washington Post and the New York Times, lauding Venezuela's role in heating the homes of the nation's poor. El Diario/La Prensa, New York's major Spanish-language newspaper, published a front-page photo of Chavez wearing a Santa Claus hat above the words, a "Gift from Chavez to the Bronx."

washingtonpost.com



To: Knighty Tin who wrote (42431)12/8/2005 3:06:00 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Arizona sues drugmakers
Attorney general: Price hikes 'a fraud'
The Arizona Republic
Dec. 8, 2005 12:00 AM

State Attorney General Terry Goddard filed a suit Wednesday against 42 drug companies he claims have cheated Arizona consumers and Medicare out of tens of millions of dollars through inflated drug prices....

Goddard said the drug companies have inflated or misstated the average wholesale price of their prescription drugs, listing prices much higher than what they actually charge some doctors or pharmacies.......

For instance, Goddard says, Abbott Laboratories Inc. lists a price of $382.14 for a 1-gram vial of the antibiotic vancomycin, which is used for severe infections. But the providers, the doctors and pharmacies, are charged only $4.98 for the drug, leaving a profit of $377.16, or 7,547 percent. Some drug firms sell the salt solution sodium chloride to pharmacies and physicians for about $4, with the average wholesale price listed at about $670.

azcentral.com