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  • Here’s what the health-care vote means for financial markets

    From marketwatch.com

    Investors and traders in stocks and other financial markets are focused on a postponed House vote to repeal Obamacare, convinced its eventual outcome will set at least the near-term direction for a variety of assets. Stocks dipped into negative territory late Thursday to finish in negative territory after House Republican leaders delayed the vote, which had been planned for later in the day, as President Donald Trump and his congressional allies continue to lobby conservative Republicans for support. Major indexes on track for their first monthly fall since October. A Tuesday wobble, that saw the S&P 500 SPX, ... (full story)

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  • Comment #1
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  • Mar 24, 2017 5:33am Mar 24, 2017 5:33am
  •  DrManhatten
  • Joined Feb 2017 | Status: Member | 298 Comments
Anything but a Healthcare Bill based on free market prices is destined to fail. The key word is "Lobby" and not by fellow repubs to vote in favor of this bill, but by the Oligarchs representing such industries like Pharmaceuticals, Insurance and medical devices manufacturers to obfuscate any meaningful legislation that will benefit the electorate in bringing prices down. No to the status quo, and no to individual mandates, but yes to Free market based Healthcare that eventually will allow for fair competition thus ultimately bringing costs down making it affordable for everyone.
 
 
  • Comment #2
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  • Mar 24, 2017 5:48am Mar 24, 2017 5:48am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Im told that US citizens pay more for Pharma drugs than any other developed country.
That Drug manufacturers in the U.S. set their own prices, and that’s not the norm elsewhere in the world.
That US allows “government-protected monopolies” for certain drugs, preventing generics from coming to market to reduce prices.
That The FDA takes a long time to approve generic drugs.
That Laws in majority of state and other “well-intentioned” federal policies limit generics’ abilities to keep costs down. And that Drug prices not justified by R&D.
I dont know.
Any of this true?
 
 
  • Comment #3
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  • Mar 24, 2017 8:39am Mar 24, 2017 8:39am
  •  zerotmoal
  • | Commercial Member | Joined Dec 2010 | 362 Comments
Quoting cliffedwards
Disliked
Im told that US citizens pay more for Pharma drugs than any other developed country. That Drug manufacturers in the U.S. set their own prices, and that’s not the norm elsewhere in the world. That US allows “government-protected monopolies” for certain drugs, preventing generics from coming to market to reduce prices. That The FDA takes a long time to approve generic drugs. That Laws in majority of state and other “well-intentioned” federal policies limit generics’ abilities to keep costs down. And that Drug prices not justified by R&D. I dont...
Ignored
Disclosure : using a losing demo account and hiding his states from Switzerland .
 
 
  • Comment #4
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  • Mar 24, 2017 9:10am Mar 24, 2017 9:10am
  •  SickOfScam
  • | Membership Revoked | Joined Aug 2013 | 492 Comments
Quoting zerotmoal
Disliked
(binned as duplicate BUT you can invest in our pamm account)
Ignored
Boy, go and sell your "Alpari-Cairo" sh!t somewhere else.
perhaps my English is not perfect - but I know the Jungle
 
 
  • Comment #5
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  • Mar 24, 2017 1:42pm Mar 24, 2017 1:42pm
  •  MaverickCT
  • | Joined Jan 2011 | Status: Member | 363 Comments
I don't understand zerotmoal and SickOfScam comments? As I read cliffedwards he was asking a question as in "I don't know" and "Any of this true"
I also would like to know what the status quo is so is there anyone that is prepared to refute or acknowledge the situation
 
 
  • Comment #6
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  • Mar 24, 2017 2:27pm Mar 24, 2017 2:27pm
  •  glenngie
  • | Joined Nov 2009 | Status: Member | 1308 Comments
Quoting cliffedwards
Disliked
Im told that US citizens pay more for Pharma drugs than any other developed country. That Drug manufacturers in the U.S. set their own prices, and that’s not the norm elsewhere in the world. That US allows “government-protected monopolies” for certain drugs, preventing generics from coming to market to reduce prices. That The FDA takes a long time to approve generic drugs. That Laws in majority of state and other “well-intentioned” federal policies limit generics’ abilities to keep costs down. And that Drug prices not justified by R&D. I dont...
Ignored
one example.....my wife is in charge of a medical practice for pediatric neurology. There is a newly approved drug that helps kids with no muscle control to gain muscle strength and it saves their life in the long term. It is $150,000 per dose. I believe the kids get 4 doses per year.

my personal opinion is with all of this technology WHY hasn't there been any disease "cures", vaccines for heart disease, diabetes, cancer....the big ones....?? I think the gov. should offer a reward of "x" billions for an actual cure....correct me if I am wrong....Polio vaccine maybe the last "cure"?
 
 
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  • Posted: Mar 23, 2017 8:45pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 2,686
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