Apparently unable to learn from the failure of the AMA’s quisling strategy, the pharmaceutical industry has decided to collaborate with the enemy:
Drug companies have pledged to spend $80 billion over the next decade to help reduce the cost of drugs for seniors and pay for a portion of Obama’s proposed revamping of health care. The deal was struck with Sen. Max Baucus, D-Mont., the chairman of the Senate Finance Committee, as well as the White House.
These people are being played for chumps. The President and his accomplices in Congress will double cross them just as surely as night follows day.
Big Pharma is making the same mistake that collaborators always make. They think they can avoid being eaten by propitiating the monster.
But the big-government beast is insatiable. You can’t cut a deal with it. But quislings will be quislings. As Michelle Malkin puts it:
Don’t come crying when Obama limits your salaries, fires your CEOs, and interferes with your ability to innovate and make profits. You deserve what you get.
Unfortunately, the American public will also pay the price of Big Pharma’s stupidity.
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