Senate Committee Unveils How BigPharma Steals From and Extorts Consumers

Representatives Alexandria Ocasio-Cortez and Ro Khanna expose the fact

Rep. Alexandria Ocasio-Cortez

that the lion’s share of pharmaceutical research for the development of new drugs is funded by the National Institute for Health not by the drug companies themselves.  Watch the video here.

In other words, the long-standing argument used by pharmaceutical companies,  insisting that they had no choice but to charge high prices for their medications in order to recoup the initial investments demanded by

Rep. Ro Khanna

their own research and development, has always been a lie.

No. These companies have used our tax dollars, invested into the publicly funded scientists working for the public good at the N.I.H., to develop new drugs for their private, commercial benefit.

They then lie about the costs of their own research in order to justify the extreme price gouging that prevents many people from being able to afford the medications that they need.

It’s class warfare, again, folks.  Class war in the land of crony capitalism.

Big corporations exploit the little people both coming and going.  It’s like paying a huge cover charge, first, to get into the dance, and then being mugged by the same bouncer as you exit out the back.

 

Author: David Crump

Author, Speaker, Retired Biblical Studies & Theology Professor & Pastor, Passionate Falconer, H-D Chopper Rider, Fumbling Disciple Who Loves Jesus Christ