Tuesday, January 22, 2013

Everyone plays by the same rules


"A nation where everyone fets a fair shot, does their fair share, and plays by the same set of rules."
Obama campaign tag line.

Together, we discovered that a free market only thrives when there are rules to ensure competition and fair play." Obama Second Inaugural

WASHINGTON — Just two weeks after pleading guilty in a major federal fraud case, Amgen, the world’s largest biotechnology firm, scored a largely unnoticed coup on Capitol Hill: Lawmakers inserted a paragraph into the “fiscal cliff” bill that did not mention the company by name but strongly favored one of its drugs.
Supporters of the delay, primarily leaders of the Senate Finance Committee who have long benefited from Amgen’s political largess, said it was necessary to allow regulators to prepare properly for the pricing change. 
But critics, including several Congressional aides who were stunned to find the measure in the final bill, pointed out that Amgen had already won a previous two-year delay, and they depicted a second one as an unnecessary giveaway. 


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