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Why have companies behaved so badly this past decade? Was it cost cutting? Was it greed?

DC and the US Chamber are continuing their march to destroying all middle class protections. The next battle is to get generic drugs preempted from state tort laws because the politically controlled, conservatively underfunded FDA has approved the drug. This is the perfect situation that big business loves. They have the power and the influence to squeeze every ounce of profit out of life.

So who is going to protect the middle class? It is not the Democrats/liberals, Republicans/conservatives or libertarians. No one believes in the power of citizens to determine how they want to orient their society.  We have given up on juries in deciding how citizens want to orient their society. We have given up on ourselves. Maybe we really to need a king since we are not smart enough to determine what is important and what is not?

“Food and Drug Administration inspectors found in April that McNeil Consumer Healthcare, which has voluntarily recalled certain lots of its children’s and infants’ Tylenol products, knowingly used bacteria-contaminated materials to make them, a report posted Tuesday by the agency says”

http://www.usatoday.com/news/health/2010-05-04-tylenol-plant_N.htm?csp=34

It is estimated that there is approximately 60 billion dollars a year in tort expense for health care. I guess it is easier for the Chamber of Commerce and congress to go after individuals through tort reform rather then the industry itself because they have a lot of cash to give to politicians.

“When it comes to selling drugs to nursing homes and other long-term care facilities across the country, Omnicare has a prescription for success – a market share in excess of 70 percent and more than $6 billion in sales last year alone.”
http://www.cbsnews.com/stories/2009/11/03/cbsnews_investigates/main5514603.shtml
Nov. 3, 2009