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Thursday, January 17, 2019

On Drug Prices, Americans Are The Real Suckers

Reprinted with permission from Creators.

 

Drugmakers rang in the new year by raising prices on hundreds of products — American prices, that is. Americans focused on the celebrations weren’t paying attention.

Allergan led the parade, hiking its prices by 10 percent on more than two dozen drugs. But note this: It didn’t raise the price of Botox, the anti-wrinkle treatment. Why? Because most users of Botox pay for it out of pocket. They can say, “I’m not bearing the extra freight. I think I’ll go another few months with crow’s-feet.”

Markets in which buyers and sellers haggle can bring reason to prices.…

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T-Mobile Execs Booked Trump’s Hotel As Company Sought Merger Approval

Reprinted with permission from Shareblue.

 

T-Mobile executives may have taken advantage of Trump’s obvious corruption by booking stays at his Washington, D.C. hotel at the same time as the company sought the Trump administration’s approval of its massive merger.

The Washington Post reports that, all told, nine T-Mobile executives paid at least $300 per night to stay at least 38 nights in Trump’s hotel. Those 38 visits were listed on a special “VIP Arrivals” list alerting staff to the presence of elite guests, so the actual number of stays could have been higher.

The surge of bookings came just as T-Mobile started pursuing a merger with Sprint valued at $26 billion.…

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Giuliani Fears Mueller’s ‘Horrific’ Report Is Imminent

Reprinted with permission from AlterNet.

 

Rudy Giuliani has been President Donald Trump’s stalwart and cartoonish defender since April 2018, often making contradictory and preposterous defenses of the president’s actions with the enthusiasm of a man making far more convincing arguments. But the former New York mayor turned television sideshow has become frustrated in his role defending the president, according to a new report from Vanity Fair, particularly as Trump’s legal and political standing worsens and Special Counsel Robert Mueller closes in.

Reporter Gabriel Sherman says sources close to Giuliani believe he fears a preliminary report from Mueller may drop “within the month.”

Sherman explained:

Giuliani, of course, has been wrong before about Mueller’s timing.



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