We know the story, jobless claims at a record high, poor housing market, businesses are "contracting" with orders for goods diminishing, and credit is stuck but possibly ever so mildly and lightly improving. The pharmaceutical industry is also starting to show its fierce and vicious claws, Obama is on its do not call list.
We are keeping our eyes wide open and as soon as we have a tiny break, it will be in the headlines.
Reuters: Nikkei flat as profit worry hit drugmakers, yen helps
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3 comments:
O's gotta go after the BIG Pharma klowns. They have really abused the public's confidence. I have a brother-in-law that worked for J& J for 25 yrs. They laid him off 2 weeks before his retirement and he got less then half of his pension. He said, this Industries leadership is the most ruthless bunch in our country next to the Oil and Weapons people. They only care about the bottom line ...their's, not their companies or their employees. Greedy, vicious and NEVER ever satisfied.
I hate to hear that kind of story. That's pretty low.
I thought Obama hit the nail on the head when he said that we need to invest in prevention. In my mind this is the key. The thing I like about it is that the healthier we are the more we circumvent that particular greed.
Prevention is a good idea but it's to vague. People are dying today because the Health care vultures are denying them coverage. These people are murders in suits. They're killing people just as much as if they called a hit on them. Like the mob they'd whisper in their ear <" it's nothing personal it's just business you understand" This is what has to end.
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