He`s with his shower daddy now
ll) ayre. mu! nus name: 'mim'
JUST Tilt UNITED tlf THIS MII
JUST Tilt UNITED tlf THIS MII
...
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Anonymous comments allowed.
117 comments displayed.
#12
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mikepetru (12/20/2015) [-] 
FDA regulations gave him the stranglehold on the market that allowed him to raise his prices so dramatically without fear of losing business. The dude has the audacity to say he's a capitalist when his business practices exploit government regulations to stifle any competition. But of course everyone goes "SEE THIS IS WHY WE NEED MORE REGULATION" when it was regulation that gave him the opportunity to do this in the first place.
#15 to #12
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theruinedsage (12/20/2015) [-] By that logic, you shouldn't treat someone who OD'ed, because you can't treat drugs with different drugs.
#32 to #31
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theruinedsage (12/20/2015) [-] So, what, we should completely ban all kinds of drugs?
And throw several hundred years of medical science down the drain?
Great idea there, Anon
And throw several hundred years of medical science down the drain?
Great idea there, Anon
#51 to #48
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theruinedsage (12/20/2015) [-] Yes
You
Who somehow still haven't understood that I'm talking about medicinal drugs
Prescribed by doctors
Known for issuing wrong doses / medicines
Which can result in OD's
That would need to be treated with other drugs
You
Who somehow still haven't understood that I'm talking about medicinal drugs
Prescribed by doctors
Known for issuing wrong doses / medicines
Which can result in OD's
That would need to be treated with other drugs
#171 to #15
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anon (12/21/2015) [-]
I see what you're trying to say but it doesn't really equate to the current issue. A better analogy for the current situation would be a young kid that's reaction to ADHD meds isn't going well and its messing the kid up, so to get a better reaction the give him stronger meds at a higher dose when a smaller weaker dose might end up helping alot more.
#26 to #12
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asotil (12/20/2015) [-] He bought the drug because it was going to be completely taken off the market come 2016. By buying it and raising prices he showed it was a profitable market and kept the drug on the shelves
Sure, prices are higher. But guess what? You can still buy it in the end
Sure, prices are higher. But guess what? You can still buy it in the end
#30 to #26
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rangerofthesea (12/20/2015) [-] he raised it so dramatically it was unreasonable. if he needed more to keep the drug profitable then he should of doubled or tripled the price...not 1000 times over
#92 to #88
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asotil (12/20/2015) [-] Sit your ass down and read ************ , because you're about to learn the most basic part of Economics since you clearly have no idea how they work
I'm not saying everyone can afford it, I'm saying if he didn't buy it then EVERYONE who needs it would ******* die instead of just MOST of the people who need it
Save a few who need it and be known as a pile of **** with death threats daily by the uneducated masses
Save none and let everyone who needs it die with no damage to your reputation
Pick one and live with your decision forever
"Well then why did he increase the price so much?" because the cost of producing it OUTSIDE of a government contract are ******* ******** amounts of expensive. He drove up the price so that he can break just barely more than even after god knows how ******* long it will take. If he kept it at the same price, it would be on the shelves for another week before the exact same scenario would happen again: it being taken off shelves and everyone who needs it ******* dying
Sure, it's expensive. It needs to be in order to stay available at all. It was being produced and sold by the government, they decided it was no longer necessary for whatever ******* reason it was, and the millions of people who need it would be completely ****** . So he bought the rights to it, drove up the price so he could continue to have it produced since when you are not making it yourself using materials provided by you, it's much more expensive, ESPECIALLY when you have to buy from the government and made sure it would continue to be sold in the little quantities he can assure
The man is not making **** off of selling it. He's most likely going to take a massive loss by the end of 2016 if you read ANYTHING business related on this subject instead of ******* Insider Daily articles saying "LOOK AT THIS ASSHOLE WITH THE NEW WU TANG CLAN ALBUM". But guess what? It will still be available. It's the only way it CAN still be available for the long term. Does it suck that it's not going to be practically subsidized like in the past? It does. Are lots of people going to die because they can't afford it. Unfortunately so.
"But he's so rich, he can just not be greedy and lower the price again!" No he ******* can't. The man is ******* broke at this point after having to buy this **** from the government in the first place. If he keeps it the same price as before, it will be on shelves for a whole month, after that he won't be able to continue the cost of production and everyone who needs it ******* dies. At least this way some people still live
TLDR: Basic supply and demand. There is no longer a supply, and an extremely high demand. Man buys rights to continue supply. Making Supply is too expensive to sustain. Increases cost to make Supply sustainable while still not making a profit. Supply remains stable, Demand stays high, price increases because of Manufacturer. You want someone to blame, blame the government for completely ending supply of a necessary drug in the first place
Now drown me in red thumbs because you didn't bother to read this and those that did have absolutely no ******* idea how economics and the pharmaceutical business work, added to the fact that FJ takes more at face value that a cheap Thai whore
I'm not saying everyone can afford it, I'm saying if he didn't buy it then EVERYONE who needs it would ******* die instead of just MOST of the people who need it
Save a few who need it and be known as a pile of **** with death threats daily by the uneducated masses
Save none and let everyone who needs it die with no damage to your reputation
Pick one and live with your decision forever
"Well then why did he increase the price so much?" because the cost of producing it OUTSIDE of a government contract are ******* ******** amounts of expensive. He drove up the price so that he can break just barely more than even after god knows how ******* long it will take. If he kept it at the same price, it would be on the shelves for another week before the exact same scenario would happen again: it being taken off shelves and everyone who needs it ******* dying
Sure, it's expensive. It needs to be in order to stay available at all. It was being produced and sold by the government, they decided it was no longer necessary for whatever ******* reason it was, and the millions of people who need it would be completely ****** . So he bought the rights to it, drove up the price so he could continue to have it produced since when you are not making it yourself using materials provided by you, it's much more expensive, ESPECIALLY when you have to buy from the government and made sure it would continue to be sold in the little quantities he can assure
The man is not making **** off of selling it. He's most likely going to take a massive loss by the end of 2016 if you read ANYTHING business related on this subject instead of ******* Insider Daily articles saying "LOOK AT THIS ASSHOLE WITH THE NEW WU TANG CLAN ALBUM". But guess what? It will still be available. It's the only way it CAN still be available for the long term. Does it suck that it's not going to be practically subsidized like in the past? It does. Are lots of people going to die because they can't afford it. Unfortunately so.
"But he's so rich, he can just not be greedy and lower the price again!" No he ******* can't. The man is ******* broke at this point after having to buy this **** from the government in the first place. If he keeps it the same price as before, it will be on shelves for a whole month, after that he won't be able to continue the cost of production and everyone who needs it ******* dies. At least this way some people still live
TLDR: Basic supply and demand. There is no longer a supply, and an extremely high demand. Man buys rights to continue supply. Making Supply is too expensive to sustain. Increases cost to make Supply sustainable while still not making a profit. Supply remains stable, Demand stays high, price increases because of Manufacturer. You want someone to blame, blame the government for completely ending supply of a necessary drug in the first place
Now drown me in red thumbs because you didn't bother to read this and those that did have absolutely no ******* idea how economics and the pharmaceutical business work, added to the fact that FJ takes more at face value that a cheap Thai whore
#111 to #92
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basanso (12/21/2015) [-] I have absolutely no ******* idea how economics and the pharmaceutical business work, same as most people because it's not my area of interest or study but let me see if I understood any of that. Gov wants to get rid of drug, man buys rights so it is still available, it takes ******** of money to produce it?, he jacks up price so that whoever does buy it will pay production costs and still pay employees, drug is still available but at a cost so high that most will die, FDA giggles as they watch the media verbally sodomize this man on TV. Is that how it works? I'm assuming this is either your job or your field of expertise to know so much about this.
#124 to #111
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asotil (12/21/2015) [-] That's the general gist of it
Gov took money from FDA if history is to be believed that's going to either defense spending or vacation days , FDA decides to cut said drug to cut back on their own costs, Man buys said drug, FDA rapes him on production price for more vacation days, he is forced to make price what it is to keep t available long term
If he kept it the same or increased it by something like 2 or 3 times, it would be off the shelves again within a month, except now he's demonized for killing millions instead
Gov took money from FDA if history is to be believed that's going to either defense spending or vacation days , FDA decides to cut said drug to cut back on their own costs, Man buys said drug, FDA rapes him on production price for more vacation days, he is forced to make price what it is to keep t available long term
If he kept it the same or increased it by something like 2 or 3 times, it would be off the shelves again within a month, except now he's demonized for killing millions instead
#142 to #129
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asotil (12/21/2015) [-] Because the masses are complete ******* morons who think Jon Oliver is qualified to speak about politics
Think for a second. The media has already painted this man as a purely evil cartoon villain, mustache and all. The explanation I gave is extremely barebones and quite frankly dumbed down. Imagine trying to convince an entire country of people who have wanted your head on a spike for the past 2 months that you are actually the good guy and the government the same one everyone hates but goes crying to the second anything happens they don't like. The same one who "are a bunch of lying dirty bastards" but also "They're the government, why would they lie about ___?" is the one to blame
These are the same masses who get most of their news from memes and clearly biased reporters on TV. The same ones who still seem it fit to debate evolution because of a 2000 year old book for the most part, thanks densely populated Bible Belt . The same masses who made Pit Bull, Kanye, and Iggy Izalea popular. Also the same masses who populate the majority of Tumblr and oppose Free Speech
Think for a second. The media has already painted this man as a purely evil cartoon villain, mustache and all. The explanation I gave is extremely barebones and quite frankly dumbed down. Imagine trying to convince an entire country of people who have wanted your head on a spike for the past 2 months that you are actually the good guy and the government the same one everyone hates but goes crying to the second anything happens they don't like. The same one who "are a bunch of lying dirty bastards" but also "They're the government, why would they lie about ___?" is the one to blame
These are the same masses who get most of their news from memes and clearly biased reporters on TV. The same ones who still seem it fit to debate evolution because of a 2000 year old book for the most part, thanks densely populated Bible Belt . The same masses who made Pit Bull, Kanye, and Iggy Izalea popular. Also the same masses who populate the majority of Tumblr and oppose Free Speech
#165 to #129
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thejusticar (12/21/2015) [-] because the media can twist the the story to what ever they want, and what gains more traction in the media "man buys drug that FDA attempted to cut off" or "douchebag asshole ******** buys drug and forces nearly dead people to pay 750$ for pill". the media doesn't care about anyone, they care about money and agendas, and this one made them quite a bit of money. mean while he is public enemy number 1 and everyone hates him, if he gets out of prison he better hope that everyone forgot about em. thats if he survives in prison, criminals like to take things to the extreme alot, and unable to get a view point other than what the news tells him he will just be seen as that asshole that tried to stiff money from sick people.
#181 to #173
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thejusticar (12/21/2015) [-] because that's a competitor, he was buying from the only source available to him, the FDA. and when you can only buy from 1 place, they basically control the price until someone else comes along, i've only heard of what you said after the rage storm hit the dude, if they had come along earlier and sold the pill for 1 dollar, then everything would be fine but the government from what i've read was stiffing him hard on the pill costs, and he was just trying to make a profit like all business men.
#105 to #92
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anon (12/20/2015) [-]
That is all cute and all, but again, that would explain it going up 2-3 times at best.
Not what he did. He went far far above and beyond your supposed 'cost of producing it outside a government contract.' Those pills could have been made from solid gold and unicorn tears for what he was selling them for.
Not what he did. He went far far above and beyond your supposed 'cost of producing it outside a government contract.' Those pills could have been made from solid gold and unicorn tears for what he was selling them for.
#118 to #105
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asotil (12/21/2015) [-] Nice job completely missing the point and being illiterate. Hes breaking even on their sale, and that's a maybe by the end of 2016 if not a loss. He triples the price instead, it's not possible to keep it on the market because of cost of production being higher than the price of sale
He's not making it, he's selling it. The people making it US government charge say $10 per pill I know this isn't the number. It's getting late, I'm tired and Christmas shopping has ruined me as a human being. Just work with the number for arguments sake , he's selling them for $10.05 in order to keep selling them while keeping his company alive to continue selling them
He's not making it, he's selling it. The people making it US government charge say $10 per pill I know this isn't the number. It's getting late, I'm tired and Christmas shopping has ruined me as a human being. Just work with the number for arguments sake , he's selling them for $10.05 in order to keep selling them while keeping his company alive to continue selling them
#184 to #92
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zombieloan (12/21/2015) [-] even if the government is ******* him over for the pills money, what about his recent scandal of trying to buy the rights to that treatment from the CDC/ FDA cant rememer which, for the bug transmitted disease in latin americans thats potentially fatal if untreated, and potentially raising the treatment cost from $50-150 per treatment to $100,000 per treatment
there is no justification in that
there is no justification in that
#164 to #92
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jonandstuff (12/21/2015) [-] Kind of respect the guy for not just screaming back his side of the story, claiming he was the real good guy and the government is bad. Not saying he wouldn't be right, but it's almost like he knows, the media burned him, and nobody will shut up long enough for him to tell his side. He is content knowing he did the best thing he could do, even though the people want him on a pike, he is at peace with his choice.
Almost like he doesn't need the masses to know he did the right thing, he doesn't need praise. I will admit I never followed the story, but I figured there was more to it from the start. Usually is in these types of stories.
Almost like he doesn't need the masses to know he did the right thing, he doesn't need praise. I will admit I never followed the story, but I figured there was more to it from the start. Usually is in these types of stories.
#152 to #92
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kingpongthedon (12/21/2015) [-]
So why not have a government contract? It's not like we don't do it with a ton of other drugs already. We already have laws on the books allowing the government to intervene to ensure a steady supply of necessary medicine. That's the reason you can get a flu vaccine for pocket change. That's how we eliminated polio. I'm not saying the government should own every drug, but certainly it's better for the government to take control of a few than for people to be denied access to medicine that could save their lives.
#153 to #152
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asotil (12/21/2015) [-] Because the government already had the contract to it, they sold it to him and, being the only manufacturer, are ********** him harder than the people who need the drug had to have been on the price
Since they are the ONLY manufacturer of the drug, he has no choice but to go to them for it and pay what they say he has to pay per pill. The government doesn't give half a **** about a steady supply of the stuff, they were going to literally stop all production and sale of it starting January 2016 until he bought it from them. He could stop selling it and they wouldn't care. They're well past that point of caring if people die because they don't have this stuff, because they were already planning to let them all die without it for a couple of extra vacation days or another missile in storage
Imagine for a second if he stopped selling it completely right now. What would the public backlash be? He'd be dead in a week at this rate. You know who would buy it after him? ******* nobody, because they see exactly what happened and they'd just repeat exactly what happened to him. Bill Gates could buy it, there's still only ONE manufacturer, and they dictate the price on how much your going to sell it for because of what you're going to buy it for
Since they are the ONLY manufacturer of the drug, he has no choice but to go to them for it and pay what they say he has to pay per pill. The government doesn't give half a **** about a steady supply of the stuff, they were going to literally stop all production and sale of it starting January 2016 until he bought it from them. He could stop selling it and they wouldn't care. They're well past that point of caring if people die because they don't have this stuff, because they were already planning to let them all die without it for a couple of extra vacation days or another missile in storage
Imagine for a second if he stopped selling it completely right now. What would the public backlash be? He'd be dead in a week at this rate. You know who would buy it after him? ******* nobody, because they see exactly what happened and they'd just repeat exactly what happened to him. Bill Gates could buy it, there's still only ONE manufacturer, and they dictate the price on how much your going to sell it for because of what you're going to buy it for
#156 to #153
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kingpongthedon (12/21/2015) [-]
Public opinion is the lifeblood of a true democracy. Now that the public is aware of the issue and has taken a stance, it would be in the government's best interest to keep the drug available. The public knows about the issue now, it didn't before this guy made an ass of himself. Even if he hadn't brought this issue to light himself in this manner, somebody else would bring up the issue that this drug was going to be taken away. We subsidize, not necessarily socialize, plenty of drugs already when there is a public outcry of demand. It's become a political issue instead of an economic issue at this point, different rules apply than what did before.
#155 to #88
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THaTnOObgUY (12/21/2015) [-] i cant even afford a £10 pill at te weekend nevermind $750
#170 to #83
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meganinja ONLINE (12/21/2015) [-] Except for the fact that the drug wouldn't have died, stop sucking the man's cock. You hear about the guy who came in right afterwards and was selling them for $99 for a case of 100 pills? It's the same drug just using an earlier (still just as effective) version that wasn't patented.
#157 to #83
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shanethedragon (12/21/2015) [-] they're gonna die anyways cause they can't afford the 750 dollars for every pill, not BOTTLE, 750 bucks for every god damned PILL, the smallest number of pills that it takes to fill a small bottle is about 30. 750 x 30 is 22,000 dollars per bottle. now would you care to justify why this guy was charging the price of a new car for a month's worth of medicine?
#186 to #114
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anon (12/21/2015) [-]
who the **** says capitalism hasn't been tried? It's being tried right now and has been in every rich, stable and environmentally clean nation.
this picture is dumb, capitalism and communism aren't equivalent because capitalism is just a term that describes the mechanisms under which naturally occuring human choices are made.
Even if you did consider capitalism and communism to be similar phenomenons in a political sense they still wouldn't be equal in the sense that a handful of miners murdered by mercenaries isn't the same as a full third of a large city like st petersburg sent to slave labor camps to be worked to camp dust.
and lastly, leopold, the shah and pinochet were politicians first, shouldn't they be considered to be examples of why political leaders should not have total economic control?
this picture is dumb, capitalism and communism aren't equivalent because capitalism is just a term that describes the mechanisms under which naturally occuring human choices are made.
Even if you did consider capitalism and communism to be similar phenomenons in a political sense they still wouldn't be equal in the sense that a handful of miners murdered by mercenaries isn't the same as a full third of a large city like st petersburg sent to slave labor camps to be worked to camp dust.
and lastly, leopold, the shah and pinochet were politicians first, shouldn't they be considered to be examples of why political leaders should not have total economic control?
#59 to #12
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anon (12/20/2015) [-]
I do agree with you. But just to add to that, you have to judge based on the situation. No-one should take this one example and use it as a reason for preventing regulation in general. It depends on the nature of the situation and the nature of the regulation being imposed. I'm sure you already agree with that, I'm just leaving this here so that people that try to use this as an example of why we need to remove all regulations and move to a completely free market aren't necessarily in the right.
#93 to #12
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anon (12/20/2015) [-]
Then those regulations failed I highly doubt you want drink water with 25% fecaul natter content this is without regulations what has happened her is failure to see a use of a system due to what ever reasons from this you could create better regulated system but you would rather thrust dump it do you know why medicine became regulated in first place ?
#119 to #95
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blackmageewizardt ONLINE (12/21/2015) [-] Idk about you, but i have not to pay 250 dollar for am bag of salt water and some antibiotica, maybe around 15 if it comes up.
#135 to #12
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kingpongthedon (12/21/2015) [-]
What about regulation reform? Surely it would be more beneficial to the average person to make a law that says "Don't douche up the price of drugs to an unreasonable level" than to say " **** it, do whatever you feel like." With no regulation he can still charge whatever he feels like. We're not talking about sausage here. Even if you didn't have patent and copyright laws, it's not like you can just start popping out new drugs on a whim. There's gonna be a huge period of time before competition can have any impact on the market. Regulation or not, keeping life saving medicine out of the hands of people who need it is messed up. At least if there's regulation, then you can make an attempt to keep balance between drug manufacturers and consumers. No regulation is a free-for-all. You gotta find a balance between the two. It isn't as simple as more or less regulation, it's about finding which regulations work and which ones don't.
#150 to #144
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kingpongthedon (12/21/2015) [-]
Unless we reform it again, we're gonna be stuck with what we've got now.
#4
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eheheheh (12/20/2015) [-] Eh Eh Eh Eh Eh
I wanna suck his dick
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
I wanna suck his dick
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
Eh Eh Eh Eh Eh
#6 to #4
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lollypopalopicus ONLINE (12/20/2015) [-]
That song is so familiar, that I am ashamed I can't recognize it with the format.
#10
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rupok (12/20/2015) [-]
This guy is a like a purposely made villian from comic books to distract you from the actual villians like the people who passed CISA and the dime a dozen others like him who are much smarter and **** you without you knowing or caring. And you are all falling for it.
He was a fall guy from the beginning, just a stupid villian to be presented to the masses.
He was a fall guy from the beginning, just a stupid villian to be presented to the masses.
#20 to #11
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mindyourownbusines (12/20/2015) [-]
Rand didn't vote against it.
www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?&congress=114&session=1&vote=00291
www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?&congress=114&session=1&vote=00291
#16 to #10
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thegamegestapo (12/20/2015) [-] Doomsday needs a beatdown when he rears his head, even if Lex Luthor is in equal need of an asskicking.
#54 to #45
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thefourthdirective (12/20/2015) [-] This is one pathetic themed account, super obscure but still and obvious troll.
#22
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ImmortalBaconEater ONLINE (12/20/2015) [-] I'm pretty sure the past few years for him have been one big mental breakdown as he waited for someone to catch on to his ponzi scheme.
#66
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amsel (12/20/2015) [-] I agree that he's a douche and he sucks, but most people blame him far too much for the whole Daraprim thing. It's a drug that has been off of patent since 1954, and no other pharmaceutical company produced it, simply because it didn't bring enough profit. What he did was greedy and ridiculous, but he sure as hell isn't the first person to exponentially raise the price of a crucial medicine overnight - he was just the first to do it without a massive corporation behind him to back up his decision with positive media campaigns. There was nothing illegal in what he did there, and plenty of other people would have done the same or similar, plus the other pharmaceutical companies, the WHO, and the FDA should all be equally scrutinized for allowing the situation to transpire (rather than subsidizing and/or "fast-tracking" a generic version of the drug).
That being said, everything about the guy reeks of slime, and he is such a freaking narcissist that it's unbelievable. He should go to jail for a long time for his security fraud, but with the kind of money he has, that isn't all that likely.
That being said, everything about the guy reeks of slime, and he is such a freaking narcissist that it's unbelievable. He should go to jail for a long time for his security fraud, but with the kind of money he has, that isn't all that likely.
#132
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kanduhuskedetder ONLINE (12/21/2015) [-] He's like the kid in school that would show you all the stuff his rich parents give him instead of love, but he never lets you try it. Now, usually this behaviour dies down through puberty.
Usually.
Usually.
#104
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justtocomment (12/20/2015) [-]
Speak for yourself. I think he's a ******* capitalist and I idolize the man.
#108 to #104
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spoogepooge (12/20/2015) [-] I can't tell if you're actually that ******* stupid or you just don't know any better. I'm sorry for your retardation, it is very unfortunate.
#109 to #108
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justtocomment (12/20/2015) [-]
**** you and your red thumb. Dude bought the rights to a drug that hadn't had a patent in over half a century, blew the price up (cashing in mostly on insurance payouts that would cover the difference with almost no backend to the customers at all), and then substituted his own (patented) drug on to the market. He played the system and got the payout.
I'm sorry if your "morality" makes you get all butthurt about the idea of expensive medicine, but at the end of the day I'm an American and I want to have a lot of money so I can do and buy all the **** I want. I won't let the core lack of knowledge on the subject by the user basis on the website change that fact.
I'm sorry if your "morality" makes you get all butthurt about the idea of expensive medicine, but at the end of the day I'm an American and I want to have a lot of money so I can do and buy all the **** I want. I won't let the core lack of knowledge on the subject by the user basis on the website change that fact.
#122 to #109
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dorfdorfdorf (12/21/2015) [-] im an american capitalist asshole and you need to calm down
#127 to #126
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dorfdorfdorf (12/21/2015) [-] im not talking about any of that, im saying that for your benefit, our benefit, the benefit of this conversation, and the benefit of the world, you need to calm your ****
#189 to #127
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justtocomment (12/21/2015) [-]
I'm really not sure how me being a pissy little twit on Funnyjunk is really a matter for the betterment of the world as a whole.
**** your world
**** your world
#195 to #189
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spoogepooge (12/21/2015) [-] Lol you're the one losing your **** man. Haha and you're an American? That explains the ignorance. Keep crying bitch boy.
#162 to #126
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anon (12/21/2015) [-]
You're right, much as the right wing randroids might hate it. This guy did exactly what every company tries to do maximize shareholder value and absolutely **** everyone and everything else- it was just so obviously evil that even the true believers have a hard time defending him.
Then again, if you read the comments quite a few assholes seem to love it. Kill who you want as long as you can say "the free market did it, not me!"
Then again, if you read the comments quite a few assholes seem to love it. Kill who you want as long as you can say "the free market did it, not me!"
#190 to #162
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justtocomment (12/21/2015) [-]
Recently, a very well-known cable company started rolling out new higher internet speeds. Now, there are plenty of modems capable of handing these speeds and plenty of routers capable of transmitting them. But in real-world application there are only 2 modem/router combos that can effectively handle the download speed AND transmit it over the wifi. One of those modems is not available to the public yet - the other one is owned by the cable company.
It's called business. He just has the good fortune of not spending money trying to cover up when a bunch of Facebook warriors get butthurt because instead of reading "company buys outdated pill, maximizes profits off of its last breaths in order to introduce more effective pill to market" they read "mean man charges sick people money".
These spineless liberals and soft-hearted conservatives all live in a country that reaps the benefits of capitalism in their every day life, but don't have the stomach for what it really entails.
It's called business. He just has the good fortune of not spending money trying to cover up when a bunch of Facebook warriors get butthurt because instead of reading "company buys outdated pill, maximizes profits off of its last breaths in order to introduce more effective pill to market" they read "mean man charges sick people money".
These spineless liberals and soft-hearted conservatives all live in a country that reaps the benefits of capitalism in their every day life, but don't have the stomach for what it really entails.
#139 to #109
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anon (12/21/2015) [-]
It's not the fact that he's a capitalist, it's the ethics. He took a medicine that cost pennies a pill, and charged $750 per pill. This is not ethical. I guess Business Ethics doesn't exist anymore, which is why wages are dropping while prices are skyrocketing and sheep like you will blame the government like you are told.
#188 to #139
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justtocomment (12/21/2015) [-]
> prices are skyrocketing while wages drop
Compared to the 1950s, the cost of living compared to minimum wage is at an all time low, not to mention at least three different pieces of legislation (not to mention dozens of unions and nonprofit organizations) moving to increase the minimum wage further.
> business ethics
He bought the rights fair and square, and he had two products on his hand. He promoted one instead of the other. Pretty sound business strategy to me. Buy the competition and utilize their resources or eliminate the competition.
Don't you have a Bernie Sanders rally to go to?
Compared to the 1950s, the cost of living compared to minimum wage is at an all time low, not to mention at least three different pieces of legislation (not to mention dozens of unions and nonprofit organizations) moving to increase the minimum wage further.
> business ethics
He bought the rights fair and square, and he had two products on his hand. He promoted one instead of the other. Pretty sound business strategy to me. Buy the competition and utilize their resources or eliminate the competition.
Don't you have a Bernie Sanders rally to go to?
#146
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anon (12/21/2015) [-]
Maybe I don't like what he does. Maybe I think he's a jerk. But the bottom line is that if he owns it he has the right to do whatever he wants with it. Regardless of my opinion.
#160 to #146
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schneidend ONLINE (12/21/2015) [-] He wasn't arrested for the medicine thing, but security/investment fraud.
#117
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thechosentroll (12/21/2015) [-] Screw love and compassion. Nothing brings people together quite like good old-fashioned hatred.
#159 to #117
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thesunpraiser (12/21/2015) [-] You're not wrong. Sharing a common enemy is a wonderful way to get along with others.
#68 to #65
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amsel (12/20/2015) [-] Martin Shkreli:
en.wikipedia.org/wiki/Martin_Shkreli
A company produced a drug called Daraprim, which was on the WHO list of essential medicines for developing nations (since it fights a common side-effect of Malaria, and an infection commonly associated with HIV). He purchased the company and jacked the price up 5000% so that nobody could afford it without health insurance. Notably, the drug has been off of patent since 1954, so any other company could have produced a generic version, but nobody seems to blame them.
He's also just a general douchebag though and did things like:
-Bought the only copy of a Wu-Tang clan album, never planning to listen to it, so nobody else could have it
-Didn't get accepted to a League of Legends team, so bought it instead
-Commonly declares himself the "World's most eligible bachelor"
-Is now on trial for securities fraud for lying to others about their profits in a hedge fund, and stealing money from a company he was CEO of to pay off the debt due to his lies
The content is because candidates on both sides (including Sanders, Trump, and Clinton) have all chastised him for his funny business with Daraprim.
en.wikipedia.org/wiki/Martin_Shkreli
A company produced a drug called Daraprim, which was on the WHO list of essential medicines for developing nations (since it fights a common side-effect of Malaria, and an infection commonly associated with HIV). He purchased the company and jacked the price up 5000% so that nobody could afford it without health insurance. Notably, the drug has been off of patent since 1954, so any other company could have produced a generic version, but nobody seems to blame them.
He's also just a general douchebag though and did things like:
-Bought the only copy of a Wu-Tang clan album, never planning to listen to it, so nobody else could have it
-Didn't get accepted to a League of Legends team, so bought it instead
-Commonly declares himself the "World's most eligible bachelor"
-Is now on trial for securities fraud for lying to others about their profits in a hedge fund, and stealing money from a company he was CEO of to pay off the debt due to his lies
The content is because candidates on both sides (including Sanders, Trump, and Clinton) have all chastised him for his funny business with Daraprim.
#70 to #68
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vvthegreats (12/20/2015) [-]
Wow. What a dick. Not to mention a pussy. Don't do such terrible deeds but if you do, at least own up to them. When did all of this happen? and why does this sound familiar . . .
#73 to #70
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amsel (12/20/2015) [-] Very recently (within 2015). He's been pretty famous in the financial world for a long time though - when he was like 17 he made some huge profits for some hedge fund he was interning with, and has been rapidly rising the ranks since then. He also has an astonishingly large Twitter following, mostly of people who thinks he's a douche, but he refers to them as his "fans."
#74 to #73
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vvthegreats (12/20/2015) [-]
Ha! Serves him right. I hope the ****** doesn't get away with it like Wall Street.
#75 to #74
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amsel (12/20/2015) [-] You know he will. He faces a maximum of 20 years in prison now, and after all the shmoozing and dollars flying around, I doubt he gets much more than a year on house arrest. I mean, look at Martha Stewart - the prime example of insider trading of a major financial player who indisputably should have known better, all within 2 years of Sarbanes Oxley being passed, and she had her own TV network again within a year.
#5
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lollypopalopicus ONLINE (12/20/2015) [-]
He is like the reverse Mr. Rogers. A year or two after he died, the house unanimously voted to honour him
#2
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infinitereaper (12/20/2015) [-] the sad thing is that he's a dime a dozen, a small time criminal, he might as well just be a fall guy, the real crimes are commited by most major industries themselves, but the public is encouraged to not know any better.
#7 to #2
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lollypopalopicus ONLINE (12/20/2015) [-]
Yeah, but you gotta savour the small victories if you want to hold out for the day when things are accomplished on a larger scale.
