"TAX THE VERY WEALTHY TO MAKE EVERYONE HEALTHY!"
- VIGILANTE, SOZADEE, CA -
As you know, my last two posts dealt with those who are profiting immensely from our current exclusionary private health "care" system, highlighting those from the health insurance racket. But they are only part of the reason your health care costs so much. Another guilty industry is the pharmaceutical industry, which I highlight here.
Below is my Top 10 list of pharma CEOs whose obscenely high salaries help contribute to the high cost of medical treatment in this country. Just like their greedy profiteering counterparts in the health insurance industry, they are ENEMIES OF THE PEOPLE. Unlike David Letterman's Top 10 lists, though, this one is not cute or humorous. In fact, it should make your blood boil. Remember, folks, that roughly 30% of the cost of expensive American drug company research and development is underwritten by YOU, the American taxpayer, in the form of subsidies. So how do these companies and their CEOs show YOU their gratitude for such support? By producing some of the medications in cheap labor countries overseas instead of employing American workers to make them here, by selling the very same drugs here, where these companies are headquartered, at TWICE the price they sell them to Canada, Australia, and other places in the world with so-called "socialized medicine" systems, and by rewarding themselves and their board members with piggishly high salaries at YOUR expense, that's how!
So here they are, the rip-offs who keep raising their prices at will and lining their pockets with YOUR money. I have included a photo of each so you'll know exactly who to verbally thrash should you ever encounter them in an empty elevator or a dimly-lit parking lot or ramp. I have their exorbitant 2008 salaries posted here (taken from a May 11, 2009 Fierce Pharmo report by Maureen Martino and Calisha Myers), as well as a few of the drugs/products their companies produce which do help you live and feel better, but which you also pay dearly for so that they can live luxuriously while you feel the financial pinch. These are the people who profit off of your sickness and misery. THEY ARE YOUR ENEMIES!
10. JOHN LECHLEITER
CEO, Eli Lilly
2008 salary: $ 13,000,000
(Cialis, Evista, plus a number of insulins for diabetics)
9. FRANK BALDINO
2008 salary: $ 14,5000,000
(Nuvigil, Fentora, Amrix, Gabitril)
8. JEFFREY KINDLER
2008 salary: $ 14,800,000
(Caduet, Xalatan, Benadryl, Lipitor, Viagra, Celebrex, Depo-Provera, Zoloft)
7. DAVID VASELLA
2008 salary: $ 15,100,000
(Diovan, Lamisil, Lotrel, Exelon, Glivec, Exjade)
6. ROBERT PARKINSON
CEO, Baxter International
2008 salary: $ 16,000,000
(produces inhalation anesthesias, dialysis and cardiovascular products, and medicine delivery systems and units)
5. RICHARD CLARK
2008 salary: $ 19,900,000
(Zocor, Januvia, Zostavax, Vytorin)
4. JIM CORNELIUS
CEO, Bristol-Myers Squibb
2008 salary: $ 25,000,000
(Plavix, Abilify, Baraclude, Orencia)
3. BERNARD POUSSOT
2008 salary: $ 25,000,000
(Alavert, Premarin, Robitussin, Pinracil, Ambesol, Lumevax)
2. MILES WHITE
2008 salary: $ 28,300,000
(Vicodin, Prevacid, Depacon, Humira, Leptos, Erythromycin)
And the number 1 reason your prescriptions cost so much:
CEO, Johnson & Johnson
2008 salary: $ 29,500,000
(Axert, Reopro, Doribax, One Touch diabetic blood glucose meters, Prezista, Doxil)
Remember these names, faces, and companies next time you must pay for an expensive prescription drug. These are the people who directly or indirectly cause many elderly on fixed incomes and millions of others low on money to have to sometimes choose between their product or food to eat. These are the people who want no price-lowering pressure to come from a government-run, public option health care plan. They would rather punp money into expensive ads designed to get you to suggest their particular product to your doctor than to have everyone able to afford medication. They would rather preserve their gigantic salaries than see everybody able to afford medical care. THEY ARE YOUR ENEMIES. For their primary interest is maintaining and increasing their profits, and your cure or relief from pain or misery is of a distant secondary importance.
UP NEXT: LEADERSHIP WE COULD USE TODAY!