More likely, it's just another way to make noise about a supposed failure of capitalism.
Zer0 needs to start working on his rabbit-out-of-a-hat skillz.
To borrow from Milton Friedman:
If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
Right after he orders the sea levels to subside.
Hooray! We’re saved! He loves us! He really loves us!
The past five years? Well, who's been running Congress for the past five year? Republicans have been running it for less than a year now. Who was running it before?
Nearly tripled? Interesting. Show me the math.
most likely by issuing “Emrgency Orders” ending the patent rights of drugs declared to be “Critical, and in shortage.”, meaning the company hasn’t paid enough to the Democrats...
I don't know if this is true or not, but it seems to me we're not far away from being third world.
The White House also announced Obama's support for House and Senate legislation that would require drug makers to notify the FDA six months ahead of a potential shortage. Under current regulations, drug manufactures are only required to notify the FDA if medically necessary drugs are being discontinued. Notification of shortages is strictly voluntary.
With the stroke of a pen he just made my job far more difficult and time-consuming.
I read the story twice and I don’t see how he expects the FDA to do this. The old White House magic wand.
Altas Shrugs
There will now be a shortage for sure.
Does this mean Obama doesn’t think he has enough meds?
It’ll be interesting to see how they accomplish THAT! What are they going to do, hold drug makers at gunpoint 24/7 forcing them to produce? Are they going to call them “boy” as well?
The MO is clear from past actions by the Obama Mob.
They’ll parcel out rights to drug patents from those drug companies not on the inner team, to those on the inner team. They make one or two BIG examples just to be “Big Dog”.
Some mid-size or small companies will be bankrupted. Unionized companies will be favored. I’m not sure of the degree of unionization in Pharma. I don’t think it is big.
In that case, watch for some of the inner Unions to march in and demand unionized work forces, even among professionals.
Also suspect patents will be let out to Indian and East African outfits, with the drugs allowed to be imported into the US.
Unless you are a total imbecilic, brain-dead, immoral, unethical zombie (and I realize there are still many out there) these “Executive Orders” and over reaching (around Congress), only show Obama’s true colors and how out of control and far removed, from the Constitution, that he is.
I, for one, don’t care if the EO says, gives authority, or helps people who truly need it.....Executive Orders are not Constitutional and THIS president, more than any other in History, has WAY WAY over used and over-reached his Executive Power.
He SO needs to be behind bars....like YESTERDAY!!!
Where does te FDA have their manufacturing plants?
Let's see...Hussein's cult has controlled the Congress 50 of the last 60 months....and in FACT, during that time, (the first two or so of those five years) Hussein himself was part of that Congress!
So the BULK of the problem lies with Hussein and his cult--who had control of the Congress for all of the last 5 years...except for these last 10 months, when the Congress has been trying to deal with Hussein's debt.
Right now, the left wing trial lawyers are driving up litigation costs. That cost will be passed on to the consumer. Soon, medicine will become unaffordable, and the "left wing saviors" will "have no choice" but to get involved.
This is how they got the schools, health care, housing, banks, and part of the auto industry (foreign and Ford refused their bait).
The liberal MO---
Manufacture a crises.
(make medicine unavailable through legislation, then unaffordable).
Wait for the people to cry out for relief.
(Oh no!I can't afford my medicine anymore! There isn't enough!).
Blame an opponent.
(in this case: big Pharmaceutical needs to be controlled by an 'emergency' executive order! OMG!).
Come in with a "new way" (socialism/communism) and take over the industry because the "old way" (capitalism/liberty) didn't work!
("People could DIE!!!!")