Posted on 04/25/2014 7:33:08 AM PDT by blam
The Great American Giveaway
Politics / US Debt
Apr 25, 2014 - 04:15 AM GMT
By: Andy Sutton
What do the national debt and a designer Hepatitis C drug have in common? This question actually spans two areas near and dear to my heart: economics and medicine. What Im going to be covering this week is something that I feel is going to be part of a growing trend in America over the coming decades. You see, too many myself included for quite a while were asking the wrong questions. Many still are. We shouldnt be asking what we can do, conventionally speaking, to pay off the national debt because it cannot be done. Consider the unfunded liability portion and that should be obvious to everyone. So what? We just default? That has been suggested. With devaluation weve already been doing it, albeit with sleight of hand. Dont count on the fact that the debtors are ignorant though because they arent. This article is going to prove that.
Sovaldi (Sofosbuvir) the $1000/day Hepatitis Drug
Im not here to tout this drug or make a commercial and I will disclose that as of this writing neither myself nor any of my firms clients hold any financial interest in Gilead Sciences, the maker of this drug. This article is an illustration, not an infomercial. While I have my own opinions based on scientific training and experience on the viability of this drug and the results that can be expected, they will remain private.
Indisputably, the results so far have been pretty good, and with the explosion of Sovaldi on the scene, it seemed that the sky was indeed the limit, and the price tag reflects that. The drug received FDA favored status
(snip)
(Excerpt) Read more at marketoracle.co.uk ...
n summary, it is payback time. It might be the sale of a national park near you, a new toll highway, the loss of cattle grazing lands, economic zones for the benefit of others, or the sale of a national landmark. Don’t be surprised when you see these things happen. Weve made our bed and now it is time to lie in it.
By Andy Sutton
Sounds good. The Feds own way too much land.
Sell it off, pay down the debt already.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.