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Corning Inc. Message Board

  • indepenedenceday indepenedenceday Jul 15, 2013 11:00 AM Flag

    Why would the Republican Party pass a medicare prescription drug program that was not paid for and that

     

    prohibits medicare from negotiating lower drug costs for seniors. Why would Republicans do that unless they wanted to sell out to drug companies in return for campaign contributions.

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    • Because you and I pay for thier health care and don't care the price

      Sentiment: Buy

    • Has any president in American history left behind as much lasting damage as George W. Bush? In addition
      to two unfinished wars, he also set us on the path to our current financial mess. The Bush tax cuts, which turned a surplus into a growing deficit, have been disastrous. As James Fallows pointed out in a prescient 2005 article in The Atlantic predicting a meltdown, they reduced tax revenue “to its lowest level as a share of the economy in the modern era.” (In its downgrade report, S.& P. suggested that it did not believe that Congress would let the cuts expire at the end of 2012, as they’re supposed to.) Then, in 2003, Bush pushed through prescription drug coverage for Medicare recipients. David M. Walker, then the comptroller general, described 2003 as “the most reckless fiscal year in the history of the Republic,” adding some $13 trillion in future entitlement costs. And I hope most of you invested in big Pharma back during the Bush first recession, I did, I also loaded up on GLW ~$2.60/sh.

 
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