Monday, April 02, 2007

Sunday's 60 Minutes

On April 1, 60 Minutes had a segment on government at it's worst - the passing of the Medicare Prescription Drug Benefit. This was a 1000 page bill passed during the dead of the night written by the pharmaceutical lobby. The worst thing about this bill is that Medicare does not have the right to negotiate with drug companies. Drugs like Zocor costs 10x more through Medicare than through the Veterans Administration. Then many of those who worked on the bill got hired for substantial salaries by the pharma industry.

Hey, I'm OK with the pharmaceutical lobby having a fair chance to innovate and profit, but this is a disgusting use of industry money to bilk the taxpayer. Republicans should be embarrassed. A real Republican is for free competition and lower government costs, not for bilking the taxpayer and increasing our debt.

This is definitely no April Fool's.

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