In 1816, in a letter to George Logan, Thomas Jefferson wrote, “I hope we shall…crush in its birth the aristocracy of our moneyed corporations which are already to challenge our government to a trial of strength and to bid defiance to the laws of their country.”
Nearly two centuries later we find that it is Thomas Jefferson’s hopes crushed, not the intention of corporations to effectively own Capital Hill. The scandalous 700 billion dollar bail out financed by hard working American taxpayers is a dazzling example of corporate mafia at work. The subject of this article though is not the bail out but the patently immoral tactics of the pharmaceutical industry also known as Big Pharma.
Marcia Angell MD, in her book, The Truth about the Drug Companies, writes, “The combined profits for the top ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together ($33.7 billion). Over the past two decades the pharmaceutical industry has moved very far from its original high purpose of discovering and producing useful new drugs. Now primarily a marketing machine to sell drugs of dubious benefit, the industry uses its wealth and power to co-opt every institution that might stand in its way, including the US Congress, the FDA, academic medical centers, and the medical profession itself.”