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Re: neophyte184 post# 8202

Friday, 03/25/2011 10:02:32 AM

Friday, March 25, 2011 10:02:32 AM

Post# of 79678

How can you put the agency that is in charge of making decisions on the classification of illegal drugs, also responsible for executing the existing laws governing those same substances?? It's as ass backwards as it gets IMO.



Heath Ledger Legacy: Prescription Drugs A Silent Killer - Hollywood today, 29 Sep 2008
http://www.hollywoodtoday.net/2008/09/29/heath-ledger-legacy-prescription-drugs-a-silent-killer/

From 1960 to 1980, prescription drug sales were fairly steady as a percent of the U.S. gross domestic product, but from 1980 to 2000, they tripled. Sales now stand between $200 billion to $300 billion a year.

The top ten drug companies (which included European companies) had profits of nearly 25 percent of sales in 1990.

In 2001, the ten American drug companies in the Fortune 500 list ranked far above all other American industries in average net return, whether as a percentage of sales (18.5 percent), of assets (16.3 percent), or of shareholders’ equity (33.2 percent). These are astonishing margins. For comparison, the median net return for all other industries in the Fortune 500 was only 3.3 percent of sales. The most startling fact about 2002 is that the combined profits for the ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together (33.7 billion).

Let me emphasize this again. The combined profits of the ten largest US drug companies reaches 35.9 billion – a sum higher than the combined profits for all other 490 corporations on the Fortune 500 List!



In other words, the pharmalords -are- the economy.

The main point of the article is that prescription drugs, AS PRESCRIBED, are the 4th leading cause of death in this country.