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Greedy Captialism with an Obama twist? Your thoughts?

A bill FOR the people?
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Pfizer (PFE) gave CEO Jeff Kindler a raise in salary and bonuses in part because he was a good lobbyist on healthcare reform, according to the company’s proxy filing with the SEC. He’s also allowed to take the company’s jets and helicopters on vacation.

Pfizer supported President Obama’s reform plan, which include an $80 billion give-back in savings from the industry as a whole in return for a largely hands-off regulatory atmosphere in drug pricing and foreign competition. The company said of Kindler’s achievements:

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grlygrlz2

Asked by grlygrlz2 at 10:55 PM on Mar. 23, 2010 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (26)
  • These efforts included constructive participation in the U.S. legislative process to advance Pfizer’s goals of achieving a more rational operating environment; improving Americans’ access to quality, affordable health care; preserving the doctor/patient relationship; and enhancing policies that promote innovation. Also, through both Pfizer and external organizations, he has sought to ensure the availability of safe medicines by opposing legislation that would allow for importation of prescription drugs that could jeopardize the integrity of the drug supply chain in the U.S.

    grlygrlz2

    Answer by grlygrlz2 at 10:55 PM on Mar. 23, 2010

  • The company attributed most of Kindler’s increased compensation to his acquisition of Wyeth, which will be accompanied by nearly 20,000 layoffs. Kindler’s total compensation including stock and options was slightly down from last year:


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     If Pharmaceutical Companies have a HIGHER profit margin than that of Health Insurance Companies, why were Democrats making deals with Big Pharma while demeaning Private Insurance Companies? Hypocritical? Or same ole politics and not really change for the good of the American people?

    grlygrlz2

    Answer by grlygrlz2 at 10:58 PM on Mar. 23, 2010

  • Ohh and curious to know what liberals think of this capitalistic move, this guy was given a bonus because he laid of 20,000 employees...

    So, why isn't Pfizer looked upon as the evil greedy Corporate America in the Eyes of Obama. Pelos, Ried?
    grlygrlz2

    Answer by grlygrlz2 at 11:00 PM on Mar. 23, 2010

  • So, why isn't Pfizer looked upon as the evil greedy Corporate America in the Eyes of Obama. Pelos, Ried?
    ______
    Because Jeff Kindler is now Phrma Board Chairman
    http://www.phrma.org/pfizer%E2%80%99s_jeffrey_kindler_becomes_phrma_board_chairman

    and

    Phrma funded a lot for HCR commercials like this little nugget!

    http://www.facebook.com/video/video.php?v=42275199266
    Crissy1213

    Answer by Crissy1213 at 11:11 PM on Mar. 23, 2010

  • I would say that Pfizer gives a lot of $$ to some campaign funds, so they aren't classified as capitalist or greedy! And, with this "Kindler’s total compensation including stock and options was slightly down from last year:" he obviously took a pay cut, so again, not greedy.


    OK, serious hat on: I don't have a clue! The Big Pharma makes waay more profit than the insurance co, they are a big part of the problem, imo. I really don't get this.
    29again

    Answer by 29again at 11:16 PM on Mar. 23, 2010

  • Look up campaign contributions by lobby or industry for the past several elections. Big Pharm is always in the top 5, usually number 1, for ALL candidates in any given election. They don't pick sides, they bribe everyone so no matter who wins, they are owed a favor.
    NotPanicking

    Answer by NotPanicking at 11:22 PM on Mar. 23, 2010

  • Look up campaign contributions by lobby or industry for the past several elections. Big Pharm is always in the top 5, usually number 1, for ALL candidates in any given election. They don't pick sides, they bribe everyone so no matter who wins, they are owed a favor


     Yup, but do liberal voters give Big Pharma a free pass when they are attacking capitalism? Or does Big Pharma get a free pass because they are supporting the agenda? Doesn't that take away from a bill being FOR THE PEOPLE? Is this where liberal insert blinders and start a question on PA, abortions, or ssm?

    grlygrlz2

    Answer by grlygrlz2 at 11:26 PM on Mar. 23, 2010

  • They're probably scouring Kos right now looking for half a sentence to copy and paste and say it says something it doesn't.
    NotPanicking

    Answer by NotPanicking at 11:32 PM on Mar. 23, 2010

  • No, NP, they're on HuffPo.
    29again

    Answer by 29again at 11:36 PM on Mar. 23, 2010

  • I thought it was Democratic Underground.. They have the coolest talking points.. Like, OMG..... And Obama rocks or something... ;o) ::sarcasm::

    grlygrlz2

    Answer by grlygrlz2 at 11:48 PM on Mar. 23, 2010

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