The Speaker of the House of Representatives, failed one-time GOP vice presidential candidate Paul Ryan, is picking a fight with incoming President Donald J. Trump and Vice President Mike Pence over the Trump administration’s vow to tackle corruption in Big Pharma.
Trump promised during his press conference in New York City at Trump Tower last week to reform the pharmaceutical industry to ensure proper bidding procedures take place—among other reforms to the major industry—moving forward.
“We have to get our drug industry coming back,” Trump said at the press conference. “Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs but they don’t make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry, because they’re getting away with murder. Pharma has a lot of lobbies, a lot of lobbyists, a lot of power. And there’s very little bidding on drugs. We’re the largest buyer of drugs in the world, and yet we don’t bid properly. We’re going to start bidding. We’re going to save billions of dollars over a period of time.”
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5 comments:
Paul Ryan is a RINO POS swamp rat traitor to consertives and the Republic party and he needs to go.
How in the heck did that cat get reelected? He needs to go get a job in a cheese factory at home.
The question is will Ryan survive next two years? My prediction is negative. Ryan will be drained with rest of the swamp.
get rid of Ryan as well as the 10 year moratorium on generic drugs to hit the market.
The SEC can and does punish people who try to manipulate the market, engage in insider trading, etc. Maybe it's time to enact similar laws relating to drug companies and even other industries.
There are even some industries who gladly pay fines and continue doing what they want because it is still very profitable to do so.
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