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"Obama to Sign Prescription Drug Executive Order"

Let me just spare you the agitprop and summarize it this way: Imperial President signs an executive order expanding the scope and reach of the FDA, claims he’s doing it for you.

Plus, jobs.

There. I think that about sums it up.

White House officials say at a midday signing ceremony in the Oval Office, the president will address price gouging and the availability of prescription drugs. He will also endorse what he describes as bipartisan legislation awaiting action.

“The shortage of prescription drugs drives up costs, leaves consumers vulnerable to price gouging and threatens our health and safety,” an administration official says.

Obama is to sign “an Executive Order directing the FDA to take action to help further reduce and prevent drug shortages, protect consumers and prevent price gouging. The White House will also announce the President’s support for bipartisan legislation (S. 296 and H.R. 2245) that will give the FDA new tools to prevent drug shortages,” the White House says.

30 Replies to “"Obama to Sign Prescription Drug Executive Order"”

  1. newrouter says:

    too bad eliminating fda isn’t part of the plan.

  2. dicentra says:

    However, third-party payment of Rx and other medical products/services that shields buyers and sellers from pricing signals, does NOT drive up prices, just like it doesn’t in college tuition.

    Especially not with college tuition.

  3. dicentra says:

    And at this point, I have to wonder which cronies get to stuff their craw on whatever the bill provides.

    Websourcing!

  4. mojo says:

    “Yes, we’re going to FORCE Big Drug to produce more and higher quality drugs for FREE!”

    And idiots actually buy this crap. Un-freakin’-believable.

  5. sdferr says:

    Obama isn’t used to bidding. When Michelle demands another chunk of Wagy?, he forks it over, no questions asked, lest his eyes be gouged out.

  6. leigh says:

    Well, he did tell us all not to get between her and a tamale. He must have learned the hard way.

  7. BBHunter says:

    – Once again Bummblefuck will prove the Left are babes in the woods when it comes to the realities of life.

    – Big pharma will simply hunker down and stop producing in certain key area’s, and in the mean time they get what they really wanted, namely the stopping of Canadian drug imports by use of FDA regulations. THAT is what was really what this was all about. But hey, it’s for your own good you ingrates.

  8. DarthLevin says:

    It’s getting to the point where “Stuttering Clusterfuck of a Miserable Failure” doesn’t seem harsh enough.

  9. newrouter says:

    stuttering marxist/muslim clusterfuck of a miserable failure

  10. happyfeet says:

    why are there shortages in the first place I bet it’s cause bumblefuck has ass-raped the health cares into an insensate stupor

  11. BBHunter says:

    – And while the clusterfuck’s at the WH are busy proving they csn’t find there sses with both hands when it comes to a dree market economy what are they concened about most of all. What is the focus of the moment?

    – “A White house spokesman angrily denied today that anyone on the WH staff ever used the phrase “leading from behind”, that appeared in a quoted WSJ editorial piece recently.

    – We are truly, and totally, fucked.

  12. SRS says:

    Come on…. EVERYONE knows that SOMEONE is not passing to the left hand side…. this obviously causes a Clusterfuck or “shortage” for everyone sitting around the fire because of no knowledge of proper etiquette of “puff, puff, give..”…

  13. Crawford says:

    Farewell to the Republic.

    Long live the Democratic People’s Democracy of the United States of Democracy.

    (Almost put “republic” in there, but there’s no way the lefties would allow that in their new dreamland’s name.)

  14. BBHunter says:

    – And why not? USSR (CCCP) worked so well for the homeland of my ancestors.

  15. motionview says:

    Whaddya think campaigns, when you finishing sliming Mr Cain ya wanna let the harpies moderate a debate? Maybe we can do one with Comedy Central / HBO the DNC moderated by Colbert, Maher and Stewart?

  16. babylon_cat says:

    Sooooo, Obummer pushes out another XO, and all I’m hearing about on the news is Herman Cain’s so called sexcapades. *facepalm*

  17. geoffb says:

    Teabaggers, the lot of you.

  18. urthshu says:

    >>>>Farewell to the Republic.

    Choose Empire, O Caesar.” quoth the Sybil, “The Republic has failed.”

  19. ThomasD says:

    One of the prime mechanisms for creating some of the recent drug shortages has been the dominating force of contract pricing.

    In simplified form, your local hospital simply does not go out and buy drugs from a wholesaler, paying the going rate. Commonly they enter into an agreement with some sort of buying group or other negotiating body. These entities then go out and use their leverage to gain very favorable prices from drug producers, usually locking in those prices for extended periods of time. While this does provide some short term benefit to the consumer, it does lead to some entirely foreseeable consequences.

    One, it prevents competitors from entering the market (by and large these shortages are occurring with generic products, not brand name items.) The start up costs, even for a simple generic, are immense and with ultra slim margins who really wants to risk it going into the business? Anotehr term for ‘competitor’ is ‘alternate source.’ So, noo competitor means no alternate source if the SHTF.

    Two, when a current producer hits any sort of snag, e.g. supply chain issues, or the manufacturing equipment simply wearing out, they are unable to pass any of these costs onto the consumer. It becomes a simple choice of keep on keeping on – at net loss; or simply get out – stop making the product altogether.

    The FDA’s solutions is to compel these companies into continuing production in the face of pure market forces (and their already existing onerous regulatory burden.) These manufacturers are also supposed to give the FDA ‘advanced’ warning of any shortages.

    Good luck with that.

    An example.

    One of the products that has recently experienced sever shortages is magnesium sulfate solution for injection. This is a basic electrolyte, needed in IV infusions for any number of hospital patients – cardiac conditions, dehydration, people receiving total parenteral nutrition, eclampsia, and pre-term labor. Lack of sufficient magnesium for many these patients could be fatal.

    Here’s the silly part. Magnesium sulfate is not difficult to produce – it is epsom salts. The problem is that current market forces, when combined with current FDA regulations make it unprofitable to produce the stuff.

    A few months ago a hospital I work at was running critically low on magnesium sulfate. We were literally a few days away from a situation where we might have contemplated going down to the grocery store, buying a few boxes of epsom salts, cooking up a saturated solution, running it through a 0.22 micron filter for sterility, diluting it to standard concentration, and then actually using the stuff on patients.

    The patients would have been fine, but the FDA and our hospital administration (especially risk management – who would rather ship the patients out and let them die somewhere else) would have had a cow.

  20. BBHunter says:

    – How do you have the ball on the oppositions 15 yard line with 1st and ten, 37 seconds to go, tied 20 to 20, KC with no time outs, and lose. How the fuck do you do that?

    – Rivers is a decent athlete, but he’s just nut very smart. Think That has to be the dumbest fucking play I’ve ever seen in 55 years of watching NFL football. Hands down.

  21. guinspen says:

    Plus, jobs.

    14. to turn public business, planning, etc., improperly to private gain.

    17. to get rid of or dispose of: His party jobbed him when he sought a second term in office.

    18. to swindle or trick (someone): They jobbed him out of his property.

    19. to carry on (public or official business) for improper private gain.

    Exactly.

  22. Mueller says:

    Any body want to bet my blood pressure meds go down in price.

  23. motionview says:

    Now here is a high-contrast statement of liberalism meeting reality.

    Specifically, the former head of Goldman Sachs and governor of New Jersey authorized his traders to scarf up $6 billion in bonds issued by Spain, Italy, Portugal, Belgium, and Ireland. The bet, presumably, was that the powers-that-be in Europe would bail out these and other bondholders to the tune of 100 cents on the dollar, because in our global bailout spree, that’s what powers-that-be do.
    Oops.

  24. motionview says:

    Wesley Mouch stand-in and one the bestest speakers ever says: Union jobs or no jobs.

    “Do you think it’s right that Boeing has to close down that plant in South Carolina because it’s non union?” asked host Maria Bartiromo. Pelosi’s reply: “Yes.”

  25. Carin says:

    She is so fucking stupid.

    I’ve got no patience for these idiots anymore.

  26. batboy says:

    I’m reminded, for some reason, of this line from “Downfall”:

    He moves divisions that only exist on his map. Steiner’s scattered unit can hardly defend itself and yet, Steiner is ordered to attack! It’s pure madness!

    As we enter election season, I expect more of these sorts of missives from the bunker.

  27. geoffb says:

    #24 Worse yet.

    Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the company’s operations as it filed for bankruptcy on Monday, according to several people briefed on the matter.
    […]
    But regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse. If that was the case, it could violate a fundamental tenet of Wall Street regulation: Customers’ funds must be kept separate from company money.

    Such a finding would move the discussion from sloppy internal controls at MF Global to something more troubling. While the investigation is in its early days, it raises the specter that regulators ultimately could sanction the firm or the employees responsible.

  28. motionview says:

    When they are pissing away public money they are happy to take from our grand-children to give to their unions pals; for private money, they are happy to take from their customers, while working their elite connections to really take, from Uncle Sugar or the IMF or the European Unicorn Debt Fantasy League. Corzine’s really paying for letting Christie win, otherwise the Cabal might have decided MF Global was too-connected big-to-fail.

  29. LTC John says:

    #27 – but, but, but… a Good Man, Mr. Corzine, ran the shop. unthinkable!11!1!

  30. Pablo says:

    The patients would have been fine, but the FDA and our hospital administration (especially risk management – who would rather ship the patients out and let them die somewhere else) would have had a cow.

    Because of the SCIENCE!!!

    Meanwhile, if you want to hose a patent holder in favor of a buddy, well, just get close enough for government work.

    I have to wonder if Terry Gillam ever met Eric Blair.

Comments are closed.