Are Drug Prices Higher Because Congress Has Invested in the Stock Market?

Thom plus logo According to BuzzFeed News, the heads of the Kochhead caucus in Congress, Jim Jordan and Mark Meadows, are advising pharmaceutical companies to refuse to cooperate with Congress itself. The reporting indicates they're doing this because of their concern about the company's testimony's impact on the company's stock prices.

We don't know if this is because these members of Congress own stocks in these companies, or if they are concerned about their affect on the larger stock market, which their lord and master Donald Trump constantly points to as an indication of his extraordinary success. In either case, members of Congress helping cover up major rip offs of the American public is wrong.

Members of Congress should not be counseling corporations to refuse to cooperate with Congress.

-Thom

Comments

adtvn's picture
adtvn 20 weeks 5 days ago
#1

In either case, members of Congress helping cover up major rip offs of the American

cong ty quang cao google

Trump - Dumb Luck or A Master Manipulator?

Thom plus logo Either it's an act of a master manipulator, or he has the best luck there is. Donald Trump wanted the Fed to lower interest rates, knowing that that would provide a solid and multi-year boost to the economy. But when Trump came into office, rates were already low and the Fed was not inclined to help.

Latest Headlines

Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict
From The Thom Hartmann Reader:
"Right through the worst of the Bush years and into the present, Thom Hartmann has been one of the very few voices constantly willing to tell the truth. Rank him up there with Jon Stewart, Bill Moyers, and Paul Krugman for having the sheer persistent courage of his convictions."
Bill McKibben, author of Eaarth
From Unequal Protection, 2nd Edition:
"Hartmann combines a remarkable piece of historical research with a brilliant literary style to tell the grand story of corporate corruption and its consequences for society with the force and readability of a great novel."
David C. Korten, author of When Corporations Rule the World and Agenda for A New Economy
From Cracking the Code:
"No one communicates more thoughtfully or effectively on the radio airwaves than Thom Hartmann. He gets inside the arguments and helps people to think them through—to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."