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Daily CE Musings of Piob - Page 324

post #4846 of 5119
Thread Starter 
Quote:
Originally Posted by dopey View Post

The issue here is that patent protection and the FDA acting as a gatekeeper, coupled with the requirement by schools that kids have the sole, regulatory-agency-approved-device, means that Mylan has more than just a monopoly. They have tremendous regulatory capture rents. In this case, Mylan's competitor was removed from the market by the FDA for having a failure rate that is, supposedly, the same as Mylan's. Once that happened, Mylan was free to jack up prices, and they did.
One article I read suggested that an easy fix is to make Epi-pens over the counter, rather than prescription, which would make it easier for competitors to get approval. Here: http://www.cnbc.com/2016/08/23/epipen-prices-are-out-of-control-heres-how-we-fix-the-problem-commentary.html

Thanks for this insight. Yup, regulatory capture, rent seeking, etc. I believe the solution for this problem, that seems to have been caused through over-regulation, is most likely more regulation.
post #4847 of 5119
Quote:
Originally Posted by DerekS View Post

I use the medtronic CGM. its been accurate, and a HUGE help.

The previous gen Medtronic CGM sucked. Maybe they're gotten better. Hurt to insert, only lasted three days, and didn't secure very well.

Quote:
Originally Posted by Numbernine View Post

Glad you guys are on top of this. My mother died  too young from the side effects of not treating her diabetes seriously enough .

I've had it since I was five, so pretty much part of life. My grandfather died from complications before I was born, so I've always kind of had an object lesson to motivate me.
post #4848 of 5119
post #4849 of 5119

 

Quote:
I’ve made clear that pharmaceutical manufacturers should be required to explain significant price increases

Strong stance.  God bless her.

post #4850 of 5119
In order to fix a situation caused by our goofy patchwork system, we're going to add on another patch!

At least Hillary has some lines about increasing competition. Who knows whether to believe that or the progressive "hold drug companies accountable" nonsense.
post #4851 of 5119
Thread Starter 

If she was Trump, or looking back, Bush and probably Mitt, the MSM/left (@erictheobscure ) would be having a hey day with this one:

Quote:
That’s outrageous – and it’s just the latest troubling example of a company taking advantage of its consumers. I believe that our pharmaceutical and biotech industries can be an incredible source of American innovation, giving us revolutionary treatments for debilitating diseases. But it’s wrong when drug companies put profits ahead of patients, raising prices without justifying the value behind them.

It's a fucking multi-national registered in the Netherlands. They bought the epipen business from Merck in 2007, and of course, Merck is German.
post #4852 of 5119
I read an article about this last week that basically said making an epi-pen was harder than it seemed.

These guys are trying to build a better mouse trap though:
http://medcitynews.com/2016/02/windgap-medical-making-progress-toward-alternative-epipen/

And of course, in the end its all the Govs fault:
http://thelibertarianrepublic.com/epipen-monopoly-hint-not-runaway-capitalism/
post #4853 of 5119
post #4854 of 5119
Thread Starter 
Quote:
Originally Posted by SirReveller View Post

http://m.huffpost.com/ca/entry/11594200

You know...this sounds familiar. Like someone here might have been saying this sort of thing for months now...
post #4855 of 5119
Quote:
Originally Posted by Piobaire View Post


You know...this sounds familiar. Like someone here might have been saying this sort of thing for months now...


Probably a smart member like @erictheobscure

post #4856 of 5119
Thread Starter 
Quote:
Originally Posted by Piobaire View Post

The asshats are letting the Tea Party tail wag the dog of mainstream Republicans and it's not what the voting public wants. Remember the 2012 election cycle? Anyone but Mitt. A devoutly religious man, great career in business, family guy with zero skeletons (and he got such an asshole check you know any would have come out), etc. Still, anyone but Mitt from the power structure even though Mitt kept gaining more and more support from the Repub rank and file. The rank and file is not nearly as right wing and obstructionist as the TP, Ted Cruz's, etc. He was too moderate for what is now the power structure of the Repubs.

Look at the same thing for why we suddenly have no Speaker.

There's a problem in the Repub party. That's not so say there are not problems with the Dems, with MSM coverage of things, etc., but let's not let all that deflect from the fact the elites of the Repub part are fucked in the head.

Wow, this was a good post from last fall.
post #4857 of 5119
Thread Starter 
post #4858 of 5119
Quote:
Originally Posted by Piobaire View Post


Wow, this was a good post from last fall.

 

The Mitt run was what caused Trump.  He lost by being a bit too cautious and timid near the end of the election.  When he lost, all the tea party types went "see!  these lame moderates are why we keep losing!!!"

 

Hopefully Trump's defeat to Clinton (I think on the electoral map could be nearly as bad as Reagan over Carter) will knock some sense into the Republican Party and they can jettison the deadweight of the party.

post #4859 of 5119
How much crossover does Trump really have with the Tea Party? He fails most of the Tea Party ideological purity tests. The "anyone but the mainstream" attitudes are kind of similar, but Trump's pulling in the alt-right weirdos and people from the Rust Belt who aren't core Republican voters.



It's going to be interesting to see how they recover from this. The Republican Party identified these concerns with the Republican Autopsy after Mitt's loss, but they weren't able to convince primary voters. Unless they get more moderate voters to actually show up in the primaries, they might get stuck in bottom of a hole for awhile.
post #4860 of 5119
Thread Starter 
There's two distinct questions here:

1) Did the Tea Party help create the circumstances that led to a Trump candidacy?

2) Does the Tea Party support Trump?

IMO, the answer to #1 is a strong "yes." The TP and it's standard bearer Ted Cruz stuck their collective middle finger in the eyes of the Repub party establishment. They created an atmosphere where primary voters firmly rejected establishment type candidates. The thing is they didn't expect an even more non-establishment, more flamboyant, more "fuck the rules" type guy to enter the race. Cruz figured what he had created would benefit him but instead it benefited Trump.

The answer to #2 is probably that now the TP has its own schism so some actively support Trump and some will hold their noses and vote against Hillary.
Quote:
Originally Posted by Gibonius View Post

How much crossover does Trump really have with the Tea Party? He fails most of the Tea Party ideological purity tests. The "anyone but the mainstream" attitudes are kind of similar, but Trump's pulling in the alt-right weirdos and people from the Rust Belt who aren't core Republican voters.



It's going to be interesting to see how they recover from this. The Republican Party identified these concerns with the Republican Autopsy after Mitt's loss, but they weren't able to convince primary voters. Unless they get more moderate voters to actually show up in the primaries, they might get stuck in bottom of a hole for awhile.
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