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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (780598)	4/19/2014 2:36:52 AM
From: i-node	Respond to of 1582685

>> I don't think patients in the US should carry the cost of developing new drugs, no. You do? I do. Because no one else can. We are the wealthiest society in the world. If we are unable or unwilling to pay for developing new drugs, they simply won't be developed and everyone loses. The best approach is to allow OUR markets to decide what they will and won't pay for, because markets, even fucked up ones, are better than government price controls. >> If the companies weren't making money in those other countries, they wouldn't SELL there, would they? But they ARE. Which means we're chumps. You don't understand the basics of microeconomics. That's like saying that Microsoft wouldn't sell Windows at a discount in other countries. If the market in Africa is $5/copy for Windows, why in hell wouldn't they sell it for that? It is better than getting nothing. This is a very fundamental concept in both microeconomics and managerial accounting. Profits are maximized where the marginal cost of producing a unit is equal to the marginal revenue of producing it. You want to operate as close to that point as possible. In accounting terms, as long as incremental revenue >= incremental cost, you'll sell the item. If we are to do anything at all about it, the approach should be the US negotiating with other countries which are positioned to adjust their price controls to higher levels. We give them something they want to increase what they'll pay for a given drug, and get a commitment out of drug manufacturers to hold their margins constant. Allowing drug reimportation is generally the wrong approach, as it provides a perverse incentive for the foreign reseller.

To: bentway who wrote (780598)	4/19/2014 3:38:06 AM
From: joseffy	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1582685

Bill Clinton identified in lawsuit against his former friend and pedophile Jeffrey Epstein [...] ........................................................................................ MailOnline ^ \| 3/19/2014 \| DAILY MAIL REPORTER [rest of title] who had 'regular' orgies at his Caribbean compound that the former president visited multiple times The former president was friends with Jeffrey Epstein, a financier who was arrested in 2008 for soliciting underage prostitutes A new lawsuit has revealed how Clinton took multiple trips to Epstein's private island where he 'kept young women as sex slaves' Clinton was also apparently friends with a woman who collected naked pictures of underage girls for Epstein to choose from He hasn't cut ties with that woman, however, and invited her to Chelsea's wedding Comes as friends now fear that if Hillary Clinton runs for president in 2016, all of their family's old scandals will be brought to the forefront Epstein has a host of famous friends including Prince Andrew who stayed at his New York mansion AFTER his arrest ... (Excerpt) Read more at dailymail.co.uk ...

To: bentway who wrote (780598)	4/19/2014 12:15:07 PM
From: joseffy	Respond to of 1582685

Dealing unions their latest loss in court, a federal appeals court Friday upheld Gov. Scott Walker's tight limits on collective bargaining for most public employees. The ruling by the three-judge panel upheld a September decision by U.S. District Judge William Conley in Madison that the law known as Act 10 does not infringe on the rights of government workers. "Act 10 does not violate the First or Fourteenth Amendments to the United States Constitution. We therefore affirm the district court's judgment in favor of the state," the ruling reads. . (Excerpt) Read more at jsonline.com ...