Home | About Natural News | Contact Us | Write for Natural News | Media Information | Advertise with Natural News
NaturalNews.com
Big Pharma

Big Pharma fears Democratic majority, end of Medicare profiteering racket

Wednesday, November 01, 2006 by: Jessica Fraser, citizen journalist
Key concepts: Big Pharma, Medicare and Elections
Share/Save/Bookmark   Email this article to a friend Printable Version  FREE Email Newsletter

Articles Related to This Article:

FDA drug safety bill passes in the U.S. Senate; health freedom advocates outraged at betrayal of American consumers

Americans betrayed by Democratic senators with surprise amendment that protects Big Pharma monopoly

India's Waterways A Toxic Stew of Pharmaceutical Chemicals Dumped from Big Pharma Factories



Sign the Health Revolution Petition

Join the call for genuine health freedom in America. End FDA tyranny and Big Pharma corruption. Watch the video and sign the petition here.
(NaturalNews) U.S. pharmaceutical companies could face falling profits if Democrats win the majority in the House of Representatives in the upcoming November 7 elections.

Campaigning Democratic candidates say they will push legislation that would allow Medicare to negotiate lower prices for its 42 million elderly and disabled beneficiaries, as well as increase government oversight of the drug industry. Experts predict a Democratic House will spark negative publicity for pharmaceutical firms, as well as pressure stock prices.

Polls currently show Democrats in the lead to take control of the House, though experts believe Republicans will maintain control of the Senate, making legislation passage more difficult.

Big Pharma firms have donated upwards of $9 million to Republican congressional candidates in an attempt to help them maintain a majority in the House, while $4 million has been donated to Democratic candidates, according to the Center for Responsive Politics.

Rep. Henry Waxman, D-Calif., a longtime critic of the drug industry, says a Democratic House could lower Medicare's drug prices by as much as 25 percent, saving the government $60 billion over the next decade.

Rep. Nancy Pelosi, D-Calif. -- who could be named House Leader if the Democrats win -- promised to pass a bill giving Medicare the power to negotiate lower drug prices within the first 100 hours of the possible Democratic majority.

Democrats have also promised to more aggressively oversee drug pricing, regulation and other issues, which could include possible limitations on the pharmaceutical industry's direct-to-consumer marketing and approval of cheaper drug imports.

"You have to ask what (the Democrats) don't like," said Democratic lobbyist John Jonas. "They don't like Big Pharma. They're going to have a big target painted on their backs."

Big Pharma critic Mike Adams, author of "Spam Filters for Your Brain," says drug companies fear Democratic control of Congress more than they fear FDA reform.

"Big Pharma knows that if Democrats take control over Congress, the Republican-engineered Medicare drug racket will come to a rapid close," Adams said.

###


Get articles like this delivered to you FREE in our popular email newsletter

Related CounterThink Cartoons:


Related Articles:

FDA drug safety bill passes in the U.S. Senate; health freedom advocates outraged at betrayal of American consumers

Americans betrayed by Democratic senators with surprise amendment that protects Big Pharma monopoly

India's Waterways A Toxic Stew of Pharmaceutical Chemicals Dumped from Big Pharma Factories

Take Action: Support NaturalNews.com

Email this article to a friend

Share this article on: NewsVine | digg | del.icio.us

Permalink to this article:

Reprinting this article: Non-commercial use OK, cite NaturalNews.com with clickable link.

Embed article link: (copy HTML code below):

FREE Report: The Five Best Anti-Viral Products to Beat Influenza, Swine Flu, Bird Flu and SARS

• Top anti-viral remedies
• Where to get them now
• Four things to avoid
• Become self-reliant
• Boost your family safety

Click here to read the FREE report now.

W.H.O. Declares Global Pandemic
Turn FEAR into Confidence!

Listen to the complete 3.5 hour recording on 4 audio CDs of the Health Ranger's Swine Flu Advanced Preparedness Course, covering natural anti-virals, family safety, infrastructure disruptions, quarantine, preparedness gear and much more.

Testimonials:

"Mike Adams' preparedness course turned our fears into confidence. This is POWERFUL information, coming from a trusted source. If you want to save yourself countless hours researching and getting prepared and if you want to do everything in your power to protect your family, I highly recommend the Health Ranger’s Advanced Preparedness Course."
- N. Nelson (Arizona)

"This is packed information no one should miss."
- T. Valenzuela

"Thanks Mike... during this class you covered prevention and preparedness from A to Z with integrity, brave honesty and outstanding knowledge! Thank you for your steadfast, thorough and cool-headed approach to well being. With deep gratitude for your service." - Bev

Available NOW for immediate shipping.
100% satisfaction guarantee

Click here to learn more...


NEW Product: Valley of Longevity Shampoo from the Health Ranger

• 98% Organic
• 100% Natural
• 100% Fragrance Free!
• No SLS
• No Parabens
• No synthetic chemicals
• FREE shipping in U.S. on orders over $75

Click here to read more...


FREE report by the Health Ranger, plus a FREE subscription to his Vilcabamba, Ecuador real estate announcement list:


Enter your email address to download it now:

(Email privacy guaranteed.)


8 Weeks to Vibrant Health
A Breakthrough Guide to Women's Health by
Dr. Hyla Cass M.D.

Learn why this is the must-read guide to women's health you've been waiting for... Click here...


Breaking News Stories:

     See more breaking news...

What is this?


Enter your email address to learn more:

(Email privacy guaranteed.)

Free Special Reports

How to Build Your Financial Safety Net
The 7 Principles of Mindful Wealth
The Healing Power of Sunlight and Vitamin D
The pH Nutrition Guide to Acid / Alkaline Balance
Pet Food Ingredients Revealed! (shocking)
Medicine From Fish
The Water Cure

Recommended Products Related to This Article*:

Free download: Selling Sickness (summary)
Read the best book on disease mongering
for learning the truth about Big Pharma

Revealed: Natural Health Solutions (free)
Free summary of book by Mike Adams
for learning censored natural health remedies

Additional Products of Interest to All

Katadyn Exstream XR Water Purifier
#1 personal water purifier
for clean, pristine water in seconds

Preparedness Tools Natural News Bundle
For preparedness and safety: 60% off
for preparing for natural disasters

How to Halt Diabetes in 25 Days
Health Ranger guide to reversing diabetes
for reversing type-2 diabetes

Exposed! The Toxic Chemistry of Products
Free summary of this shocking book
for learning the truth about toxic products

Appetite for Profit (free download)
Free download summary of this top book
for discovering the truth about food companies

The Biology of Belief by Bruce Lipton
A free download of Biology of Belief
for learning about the mind-biology connection

The Genie In Your Genes by Dawson Church
A free, downloadable summary of this book
for learning about the biology of intention

Katadyn MicroPur Water Purifier Tablets
The best water purification tablets
for purifying almost any water source

The Weiss Method for Heart Disease
How to reverse heart disease naturally
for heart disease, high cholesterol

* Products do NOT pay to be listed here. These are genuine, independent recommendations by the Health Ranger

☯ Products with this symbol are sold by NaturalNews or its affiliates and earn revenues for NaturalNews

Also on NaturalNews:

Streaming Health Ranger Videos
CounterThink Cartoons
FREE Special Reports
Podcasts


Home | About Natural News | Contact Us | Write for Natural News | Media Information | Advertise with Natural News

This site is part of the Natural News Network © 2009 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.