Why I Support Obama

In February of 2011 I was hired by Glaxo Smith Kline’s generic drug division to  collate notes from a seminar they were having about the impact of Obamacare on Generic Drug Maker profits. They supplied a number of documents to me for research purposes and one of them I have posted online. Anyways, the background material described how there has been an effort to pass some kind of universal health care for over a hundred years. That’s right. Over a hundred years. Guess who has been the primary blockers of such coverage for the last sixty years? You got it. The pharmaceutical industry. Why? Fear of losing massive profits in the order of hundreds of billions of dollars. That’s right – hundreds of billions of dollars every year.

How did Obamacare get around this? First off he did not give into intimidation by the drug companies willing to spend billions of dollars to defeat him. When they say this they decided the best bet was to negotiate. They were being forced to, among other things, cover children with preexisting conditions, mail refund checks if they spend less than 50% of premiums on health care and lower the cost of their drugs in order to cover an additional 45 million people who will be covered in the system. Bottom line? They will make about the same amount of profits however they will be giving an additional 45 million people health care. The saddest thing about working with Glaxo Smith Kline was no, not once, mentioned ethics in anyway when talking about health care. Profits, profits, and more profits is all they ever talked about and I had notes from over a dozen people meeting for a week. Sad and scary.

That’s reason # 1 why I support Obama.

Joseph Chinnock

jcboulder@gmail.com

303-358-4226