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alwaysinasnit

Profile Information

Name: Dolores
Gender: Female
Hometown: California
Home country: USA
Current location: California
Member since: Thu Nov 30, 2017, 02:58 PM
Number of posts: 2,762

Journal Archives

45's latest imperial decree.

https://www.rawstory.com/2020/03/trump-says-he-has-the-power-to-block-provision-of-stimulus-that-informs-congress-where-the-corporate-bailouts-go/

The passage of the $2 trillion stimulus bill to give Americans relief from coronavirus was good news for millions of people. But President Donald Trump is already laying the groundwork to ignore provisions of it that impose congressional oversight.

In a signing statement, Trump said that he intends to ignore the provision of the bill that requires the newly-created Special Inspector General for Pandemic Recovery to report to Congress “without delay” when any other agencies in his administration refuse to provide information about how the money is being spent.

“I do not understand, and my Administration will not treat, this provision as permitting the SIGPR to issue reports to the Congress without the presidential supervision required by the Take Care Clause, Article II, section 3,” wrote Trump. In other words, he is granting himself authority to block the inspector general from reporting inter-agency obstruction to Congress — even though the bill does not provide for allowing him to do so.

snip...
Posted by alwaysinasnit | Fri Mar 27, 2020, 08:49 PM (3 replies)

We already paid for COVID-19 treatments, we shouldn't have to pay twice.

https://www.rawstory.com/2020/03/we-already-paid-for-covid-19-treatments-we-cannot-let-big-pharma-make-us-pay-again/

There’s much we don’t yet know about COVID-19, the disease caused by the novel coronavirus. We don’t know how long the pandemic will last, when a vaccine will be developed, or how many lives antiviral medications can save. But there’s one thing we know for sure: U.S. taxpayers have already paid for the research and testing of the most promising treatments.

These treatments should be available to everyone who needs them at no cost. But the Trump administration’s drug policy is led by two former pharmaceutical executives, and that is having devastating consequences for potential access to treatments and vaccines for the COVID-19 pandemic.

If you’ve been watching Donald Trump’s daily press briefings, that might come as a surprise. During his 2016 campaign, Trump loved to talk tough on pharma and say he would fight for lower drug prices. But then he put Alex Azar, a big pharma CEO infamous for doubling the price of insulin, in charge of regulating health care. Several weeks ago, Azar refused to guarantee that a coronavirus vaccine will be affordable for all, citing the need to protect big pharma’s profits.

snip...

Trump fails to mention that taxpayers have spent nearly $700 million on coronavirus research through the National Institutes of Health (NIH). Nor does he mention that big pharma corporations spend more money enriching themselves through stock buybacks than they do on research and development.

snip...

=========

GD vultures
Posted by alwaysinasnit | Wed Mar 25, 2020, 03:05 PM (7 replies)

Trump FDA Grants Drug Company Exclusive Claim on Promising Coronavirus Drug

https://www.commondreams.org/news/2020/03/24/massive-scandal-trump-fda-grants-drug-company-exclusive-claim-promising-coronavirus

snip...

As The Intercept reported Monday, the Food and Drug Administration granted Gilead Sciences "orphan" drug status for remdesivir, one of several drugs being tested as potential treatments for the coronavirus, officially known as COVID-19. The designation is generally reserved for drugs that treat rare illnesses affecting fewer than 200,000 Americans—but companies can be eligible if the designation, as in this case of a rapidly spreading virus, is made before a disease spreads beyond that limit.

About 40,000 Americans had contracted COVID-19 when the orphan status was granted to remdesivir Monday, and the disease is spreading faster in the U.S. than in other countries. By Tuesday afternoon, more than 51,000 Americans had confirmed cases.

Having secured orphan drug status, Gilead Sciences can now profit exclusively off the drug for seven years and could block manufacturers from developing generic versions of the drug which might be more accessible to many patients. The company can set price controls on the drug as well as benefiting from grants and tax credits.

As The Intercept reported, the designation was given to a company where Joe Grogan, a member of President Donald Trump's "coronavirus task force," worked as a lobbyist from 2011 to 2017, often working on issues regarding drug pricing.

snip...

Posted by alwaysinasnit | Tue Mar 24, 2020, 07:32 PM (5 replies)

Sick leave compromise?

https://www.commondreams.org/news/2020/03/17/many-lawmakers-out-town-democratic-house-quietly-weakens-paid-leave-provisions

snip...

The Wall Street Journal reported Tuesday morning that "Democratic aides were alarmed by the changes, which were passed with no objections because House lawmakers are away from Washington [on recess]. The changes weren't shown to most lawmakers before the vote."

The new version of the bill, according to the Journal, "would still provide two weeks of sick leave to a wide swath of workers affected by the pandemic, including those who are in quarantine, caring for family members with COVID-19, and those who have children whose schools or day-care centers have closed."

"But for the next 10 weeks," the Journal noted, "paid leave would be limited only to workers caring for a child whose school or day care had been shut. Healthcare providers and emergency responders, as well as workers who had been in quarantine or caring for a family member affected by the virus, wouldn't be eligible for the additional 10 weeks of leave."

snip...

The changes were negotiated by House Speaker Nancy Pelosi (D-Calif.), House Minority Leader Kevin McCarthy (R-Calif.), and Treasury Secretary Steve Mnuchin. The original version that passed the House early Saturday before lawmakers left Washington for recess sparked swift backlash from the business community, which chafed at the paid leave requirements.
Posted by alwaysinasnit | Tue Mar 17, 2020, 02:46 PM (3 replies)

Naomi Klein warns of 'coronavirus capitalism.'

author of "Shock Doctrine"

>9 minute video

https://theintercept.com/2020/03/16/coronavirus-capitalism/

snip..

This crisis — like earlier ones — could well be the catalyst to shower aid on the wealthiest interests in society, including those most responsible for our current vulnerabilities, while offering next to nothing to the most workers, wiping out small family savings and shuttering small businesses. But as this video shows, many are already pushing back — and that story hasn’t been written yet.
Posted by alwaysinasnit | Tue Mar 17, 2020, 02:30 PM (4 replies)

Has anyone else gotten their Census "invitation?"

Just got mine and had a few observations. First, the letter opens with an "invitation to respond to the 2020 Census" and then near the end it says the "the census is so important that your response is required by law." So much for this being an "invitation." Second, the census is using the internet to "securely collect your information." "Securely," I have my doubts given the general incompetence of this administration. Thirdly, the letter requires a response by April 1. April 1st, if memory serves, is April Fools' Day. And lastly, since today is March 13, you know, the harbinger of bad luck that is Friday the 13th, we are only given 2 1/2 weeks to respond. So, what can go wrong???

Anyway, I hope all of you out there stay safe and healthy.
Posted by alwaysinasnit | Fri Mar 13, 2020, 08:05 PM (38 replies)

Grotesque level of greed - Jeff Bezos

https://www.rawstory.com/2020/03/grotesque-level-of-greed-jeff-bezos-whole-foods-wants-workers-to-pay-colleagues-sick-leave-during-coronavirus/

Snip...

In a letter sent to employees earlier this week, Whole Foods CEO John Mackey explained that one of the options available to workers was for them to “donate” their “paid time off” (pto) days to a pool that other workers could draw from.

Journalist Lauren Kaori Gurley, who broke the story with reporting for Motherboard, notes that “as a subsidiary of Amazon, the world’s biggest company, Whole Foods could easily afford to pay its hourly employees for sick days taken during the coronavirus outbreak without breaking the bank. Instead, the company has put the onus back on workers, and they’re not happy about it.”

In Mackey’s letter reviewed by Motherboard, the executive stated: “Team Members who have a medical emergency or death in their immediate family can receive donated PTO hours, not only from Team Members in their own location, but also from Team Members across the country.”

snip...

“Runaway capitalism is when Whole Foods suggests employees trade vacation time to address coronavirus rather than offer paid leave, all while the CEO rakes in ~$15 million a year in stocks, benefits, and more,” said Trish Zornio, a Democrat running for the U.S. Senate in Colorado this year.
Posted by alwaysinasnit | Fri Mar 13, 2020, 06:42 PM (7 replies)

A rat (tRump) is most dangerous when it is cornered.

https://www.theatlantic.com/magazine/archive/2019/01/presidential-emergency-powers/576418/

The moment the president declares a “national emergency”—a decision that is entirely within his discretion—he is able to set aside many of the legal limits on his authority.



Posted by alwaysinasnit | Fri Mar 13, 2020, 04:03 PM (0 replies)

All heck broke loose in the markets overnight.

This is a good global picture of what is going on.

https://wolfstreet.com/2020/03/08/good-morning-america-all-heck-broke-loose-in-the-markets-overnight/

Crude Oil Collapses 32%, US Stock Futures Plunge nearly 5%, 10-year Treasury Yield Gets Closer to 0%, Gold Jumps to $1,700, Asian Stocks Plunge, Nikkei -6%.
Posted by alwaysinasnit | Mon Mar 9, 2020, 04:36 PM (0 replies)
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