Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumBernie Sanders Will Kick Fraudulent Big Pharma Corps Out of Medicare & Medicaid....Would Hillary?
Elizabeth Warren weighs in on the current administration:
When Novartis, a major drug company that was already effectively on federal probation for misconduct, paid kickbacks to pharmacies to push certain drugs, it cost taxpayers hundreds of millions of dollars and undermined patient health. Under the law, the government can boot companies that defraud Medicare and Medicaid out of those programs, but when Novartis got caught, it just paid a penalty one so laughably small that its C.E.O. said afterward that it remains to be seen whether his company would actually consider changing its behavior.
Enforcement isnt about big government or small government. Its about whether government works and who it works for. Last year, five of the worlds biggest banks, including JPMorgan Chase, pleaded guilty to criminal charges that they rigged the price of billions of dollars worth of foreign currencies. No corporation can break the law unless people in that corporation also broke the law, but no one from any of those banks has been charged. While thousands of Americans were rotting in prison for nonviolent drug convictions, JPMorgan Chase was so chastened by pleading guilty to a crime that it awarded Jamie Dimon, its C.E.O., a 35 percent raise.
To be fair, weak enforcement is sometimes a result of limited authority. Despite the companys history of egregious safety failures, for example, the former C.E.O. of Massey Energy was convicted only of a single misdemeanor in the deadly Upper Big Branch mine disaster that killed 29 miners in West Virginia in 2010, because federal mining laws are too weak. Its on Congress to stiffen such penalties.
But in many instances, weak enforcement by federal agencies is about the people at the top. Presidents dont control most day-to-day enforcement decisions, but they do nominate the heads of all the agencies, and these choices make all the difference.
http://www.nytimes.com/2016/01/29/opinion/elizabeth-warren-one-way-to-rebuild-our-institutions.html
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 686 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (18)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Bernie Sanders Will Kick Fraudulent Big Pharma Corps Out of Medicare & Medicaid....Would Hillary? (Original Post)
amborin
Jan 2016
OP
VulgarPoet
(2,872 posts)1. Nope. AFter all, at least one of 'ems financing her.
onecaliberal
(32,895 posts)2. She is for it because her owners tell her to be.
She is for or against whatever the monied interests direct. She doesn't hold one principled stance on anything. She's constantly evolving which can be good on one hand but when you compare her to Bernie. She's a joke. He didn't have to evolve. He's been doing the right thing by people for 40 years.
CharlotteVale
(2,717 posts)3. I'd say it depends on how much $$$$ they've given her.