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Fri Jan 25, 2013, 09:22 PM

In Case You Missed This... Well... At Least The Corruption Is Bi-Partisan...

Senators’ secret plan to give Amgen half a billion in fiscal cliff deal reveals Capitol Hill’s ‘sordid swamp’
By Bill Moyers and Michael Winship
Friday, January 25, 2013 12:55 EST

<snip>

The inauguration of a president is one of those spectacles of democracy that can make us remember we’re part of something big and enduring. So for a few hours this past Monday the pomp and circumstance inspired us to think that government of, by, and for the people really is just that, despite the predatory threats that stalk it.

But the mood didn’t last. Every now and then, as the cameras panned upward, the Capitol dome towering over the ceremony was a reminder of something the good feeling of the moment couldn’t erase. It’s the journalist’s curse to have a good time spoiled by the reality beyond the pageantry. Just a couple of days before the inaugural festivities, The New York Times published some superb investigative reporting by the team of Eric Lipton and Kevin Sack, and their revelations were hard to forget, even at a time of celebration.

The story told us of a pharmaceutical giant called Amgen and three senators so close to it they might as well be entries on its balance sheet: Republican Minority Leader Mitch McConnell (KY), Democratic Senator Max Baucus (MT), chair of the Senate Finance Committee, and that powerful committee’s ranking Republican, Orrin Hatch (UT). A trio of perpetrators who treat the United States Treasury as if it were a cash-and-carry annex of corporate America.

The Times story described how Amgen got a huge hidden gift from unnamed members of Congress and their staffers. They slipped an eleventh hour loophole into the New Year’s Eve deal that kept the government from going over the fiscal cliff. When the sun rose in the morning, there it was, a richly embroidered loophole for Amgen that will cost taxpayers a cool half a billion dollars.

Amgen is the world’s largest biotechnology firm, a drug maker that sells a variety of medications. The little clause secretly sneaked into the fiscal cliff bill gives the company two more years of relief from Medicare cost controls for certain drugs used by patients who are on kidney dialysis, including a pill called Sensipar, manufactured by Amgen.


The provision didn’t mention Amgen by name, but according to reporters Lipton and Sack, the news that it had been tucked into the fiscal cliff deal “was so welcome, that the company’s chief executive quickly relayed it to investment analysts.” Tipping them off, it would seem, to a jackpot in the making...

<snp>

More: http://www.rawstory.com/rs/2013/01/25/senators-secret-plan-to-give-amgen-half-a-million-in-fiscal-cliff-deal-reveals-capitol-hills-sordid-swamp/

The NYT Piece: http://www.nytimes.com/2013/01/20/us/medicare-pricing-delay-is-political-win-for-amgen-drug-maker.html?_r=1&






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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Arrow 24 replies Author Time Post
Reply In Case You Missed This... Well... At Least The Corruption Is Bi-Partisan... (Original post)
WillyT Jan 2013 OP
octoberlib Jan 2013 #1
WillyT Jan 2013 #4
MrSlayer Jan 2013 #2
WillyT Jan 2013 #3
progressoid Jan 2013 #7
woo me with science Jan 2013 #8
madinmaryland Jan 2013 #10
MrSlayer Jan 2013 #12
madinmaryland Jan 2013 #14
dsc Jan 2013 #16
MrSlayer Jan 2013 #17
TransitJohn Jan 2013 #20
Honeycombe8 Jan 2013 #5
Egalitarian Thug Jan 2013 #6
woo me with science Jan 2013 #9
Jack Sprat Jan 2013 #11
Demo_Chris Jan 2013 #13
russspeakeasy Jan 2013 #15
Enrique Jan 2013 #18
UnrepentantLiberal Jan 2013 #19
DogPawsBiscuitsNGrav Jan 2013 #21
WillyT Jan 2013 #22
woo me with science Jan 2013 #23
WillyT Jan 2013 #24

Response to WillyT (Original post)

Fri Jan 25, 2013, 09:24 PM

1. This makes me sick. nt

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Response to octoberlib (Reply #1)

Fri Jan 25, 2013, 09:35 PM

4. Me Too !!!


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Response to WillyT (Original post)

Fri Jan 25, 2013, 09:24 PM

2. But whatever you do, DO NOT say they're all the same.

 

Because if you do you clearly are simply mad about not getting your pony and want Republicans to win.

Nothing to see here, "we're " the good guys and blah blah blah.

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Response to MrSlayer (Reply #2)

Fri Jan 25, 2013, 09:34 PM

3. LOL !!!

That's good.

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Response to MrSlayer (Reply #2)

Fri Jan 25, 2013, 10:11 PM

7. Yup.

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Response to MrSlayer (Reply #2)

Fri Jan 25, 2013, 10:14 PM

8. I think the scenery is falling down.

The filibuster giveaway, and the illusion of a new progressive term
http://www.democraticunderground.com/10022260267

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Response to MrSlayer (Reply #2)

Fri Jan 25, 2013, 10:17 PM

10. I remember some guy named Ralph saying there was no difference between the parties.


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Response to madinmaryland (Reply #10)

Fri Jan 25, 2013, 10:24 PM

12. Yeah. Too bad he was right.

 

That isn't to say the right wing isn't much more aggressive about getting to the finish line because they are. But both paths lead to the same place.

People here are smart, they must be able to see what is going on.

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Response to MrSlayer (Reply #12)

Fri Jan 25, 2013, 10:35 PM

14. Would Citizen's United happened if Al Gore had been elected and been the 43rd POTUS??

Yes, we all know Al Gore was elected, but that's another story.

Chief Justice Stephen Breyer??

Would have been an interesting direction for the SC.

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Response to MrSlayer (Reply #12)

Fri Jan 25, 2013, 11:29 PM

16. tell that to gay folks or women

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Response to dsc (Reply #16)

Fri Jan 25, 2013, 11:39 PM

17. We're talking about corporate fascism.

 

And degrees. Of course the non-religiously insane are far better on social issues.

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Response to MrSlayer (Reply #2)

Sat Jan 26, 2013, 01:28 PM

20. +1 eom

n/t

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Response to WillyT (Original post)

Fri Jan 25, 2013, 09:39 PM

5. This REALLLY pisses me off! This needs to be brought up on TV talk shows, when they talk about

cutting MEDICARE! If they want to save money in the Medicare program, why give half a billion dollars away to Amgen from Medicare?

WE are all paying for this crap!!!!

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Response to WillyT (Original post)

Fri Jan 25, 2013, 09:41 PM

6. But, nobody could've predicted...

 

& R

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Response to WillyT (Original post)

Fri Jan 25, 2013, 10:15 PM

9. K&R Time to fix our bipartisan problem.

It is good to see posts acknowledging that this is a bipartisan problem, because as long as both sides continue to circle their wagons, we will never be able to solve anything.

The corporatists in both parties keep winning, because they keep us divided and defending the indefensible.

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Response to WillyT (Original post)

Fri Jan 25, 2013, 10:20 PM

11. Max Baucus?

 

Technically, you are right. Bipartisan. But in reality, I'd say it's 3 of a kind.

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Response to WillyT (Original post)

Fri Jan 25, 2013, 10:31 PM

13. How about instead of getting mad, we...

 

How about instead of getting mad, we write a congressman and ask that they put in a new bill to close this loophole.

I suggest Reid, since he probably wants to do something popular right about now anyway.

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Response to WillyT (Original post)

Fri Jan 25, 2013, 11:22 PM

15. I get really sick of these "unnamed sources".

An unnamed source told me that the three politicians mentioned above were involved in gang raping a sheep.

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Response to russspeakeasy (Reply #15)

Sat Jan 26, 2013, 08:52 AM

18. if they raped a sheep, it wouldn't go into the Congressional record

where anyone can go and see whether it's true. Same for the campaign donations, those are also public information.

None of the facts are in dispute in this story, which imho is exactly the kind of story we need more of. The aide that tipped off the NYT deserves our gratitude, imho.

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Response to WillyT (Original post)

Sat Jan 26, 2013, 12:40 PM

19. But I was assured that things would change and all this progressive stuff would be pushed through

 

for the next four years. What happened?

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Response to WillyT (Original post)

Sat Jan 26, 2013, 01:33 PM

21. They picked big pharma over the needs of the people. They picked the banks over the needs of the peo

 

Our "representatives" both Dem and Repub alike are more interested in representing big pharma, big banks, wall street and the military industrial complex. The people, literally can't afford to pay for any representation. We're on our own and at their mercy.

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Response to WillyT (Original post)

Sat Jan 26, 2013, 02:41 PM

22. Kick !!!


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Response to WillyT (Original post)

Sat Jan 26, 2013, 03:51 PM

23. Kick

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Response to WillyT (Original post)

Sat Jan 26, 2013, 09:15 PM

24. Last Kick From Me...


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