iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,452 Blog Posts

Trump to Drug Companies: GET THOSE PRICES DOWN

I really don’t know what the answer is for our healthcare crisis. None of the plans, thus far, work. Permitting ‘capitalism’ to work when all of the big pharmas dominate has only led to extraordinary price hikes, across the board.

At the very core of the healthcare expense issue are the drug prices. For those of you who don’t have FREE healthcare through your employer, you’re fully aware of the insanity that is health insurance. Regulations need to control prices there, as the big pharma cabal have proven to give zero shits about the American patient.

Is it fair for prices in other countries to be 1/5th as expensive as ours? Why should we pay premium prices, when all those fuckers do is buy back their own stocks and ingratiate themselves with lavish bonuses? Where’s the value add and what good is health insurance if no one can’t afford it?

Trump had a meeting with some big pharma execs this morning. Here were the headlines.

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Biotech is bouncing on these headline, now marginally higher, via $IBB.

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33 comments

  1. mr.wiggles

    Rick Perry confirmed. Buy $UEC

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  2. airborne

    Since being shown the door at your last gig and now without insurance suddenly regulation is good if it will benefit you. While you are down there groveling for Trump’s benevolence lean over and suck on Obama, too.

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  3. beatnickbob

    Stay out of the business. Why is government involved with health care? Eliminate FDA approval. Buyer beware. Boom, cheap as shit.

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    • traderconfessions

      Buyer beware drugs? And get rid of all trial lawyers! Long casket manufacturers and short children and old folks.

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  4. cancel19

    Meg Tirrell, my biotech babe looking good as always.

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  5. bennyhill

    God what a disaster he is, in less than 2 weeks.

    https://www.nytimes.com/2017/01/31/opinion/make-china-great-again.html?_r=0

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  6. traderconfessions

    No more French Canadians… fuckin terrorists.

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  7. airborne

    A race may not be superior, but a culture is. Our culture is being watered down by the presence of inferior cultures. That is unless you can present a middle eastern culture that celebrates freedom of speech and freedom of religion. Or perhaps a sub-Saharan culture that likes to mutilate girls. Perhaps Pakistan where sisters and daughters are murdered for causing loss of honor. We don’t need this scum in our country. Secular doctors, lawyers and other bright people will always slide by the vetting, just not the butchers.

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    • ironturd

      This is just straight up racist.

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      • t.c.

        Yes, judging people for mutilating little girls and chaining little boys to their bed to rape them is racists?

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        • bennyhill

          When you assume everyone is on board with this based on their race or nationality – yes. The people fleeing these practices come here because they want to live like us. We have always been the country to take them in and we have always been better for it. How many of you have German Italian or Irish ancestors?

          It mush suck to live in a place where everyone can’t live in harmony. Come to the northeast and see how it’s done.

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  8. Mav

    All you have to do is look north to see how a proper health care system works. While the system is not without it’s kinks and problems, Canada’s health care system out performs the United States on every front while doing so at a lower cost. This isn’t fake news, it’s a fact.

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    • joshua

      fake news often is just news you don’t agree with. you missed the memo.

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    • beatnickbob

      Canada’s health care system sucks and the only reason they can afford to provide “limited” care to everyone is because they don’t have to spend any money on defense as the US covers them on that. We essentially subsidize their social programs which includes health care. The same goes for Europe.

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      • Mav

        @joshua I suppose the down thumb vote is redundant then?

        @beatnickbob Your ignorance is pretty hilarious. The fact you idiots vote to spend a large portion of your budget on defense isn’t Canada’s fault. 1-0 for Canada. As a whole, Canada is healthier resulting in a population with a substantially longer life expectancy.

        We can argue until the cows come home but you’ll NEVER talk to a Canadian longing to pay your premiums for hotel like service over the terrific care they receive at home.

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        • joshua

          I would take their healthcare system over ours in a second. Have to realize that we have propaganda here telling us how awful yours is. It’s not perfect, but ours is a joke.

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      • joshua

        Even if it’s “limited care”, should be enough. If people weren’t such lazy slobs that’s all we’d need. You’re seen just as fast as here with an emergency. I had freaking military healthcare on an army base as a kid…. good enough for the troops but not good enough for you?

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        • traderconfessions
          traderconfessions

          Anyone who is obese because they eat too much and are lazy should pay a higher premium. That covers most people in the red states. Lay off those corn dogs and Mountain Dew boys and girls.

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  9. ironbird

    The Red States will do it as soon as you Blue State freaks stop sticking them up your ass. Give and take in the new Trump America. MAGA Corn dogs.

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    • doughjadank

      This is a known pancreatic cancer prevention strategy in Blue States. The corn provides exfoliation while the dog keeps things moist and adds rigidity.

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