corporatecomplianceinsights.com — News is breaking today that the United States government has slapped a suit against Johnson & Johnson and two of its subsidiaries for allegedly paying kickbacks to nursing homes in an effort to boost sales for a new antipsychotic drug. U.S. Attorney Carmen Ortiz calls the actions of J&J particularly "nefarious".
Jan 15, 2010 View in Crawl 4
frankzullaJan 16, 2010
Especially family companies, I'd wager.
Closed AccountJan 16, 2010
Yeah, see? The health care system is perfect now, why change it?
ipooptoomuchJan 16, 2010
They thought they could get away with this because the majority of patients in nursing homes are elderly and therefore are covered by medicare. Risperdol costs around 100+ dollars a bottle without insurance (i know firsthand). With medicare/medicaid it will cost 1-5 dollars a bottle. The majority of the profits coming from a scandal like this if it went undetected would have came out of the pockets of American taxpayers (medicare is government run "free" insurance)
tonmilJan 16, 2010
You're an idiot
rebradJan 16, 2010
Didn't J&J get the visit from their Acorn rep? You gotta pay to play whether you like it or not. And BTW we know where your children go to school.
paranor01Jan 17, 2010
Acorn! You people will be flogging that dead horse for a while won't you?Nice to be able to tell the Fox sycophants right off the bat though.
vitriolandangstJan 17, 2010
" Poor just means that **as far as the government knows** they have no money. So they don't pay taxes on the money they acquire">> Them and 65% of the fortune 500 Companies.What does Bill Gates and Dick Cheney, and Hank Paulson pay in taxes? 17%Why the heck are POOR people, and some middle class shmuck just trying to start a business doing paying taxes in this nation? What is it now, the top .5% have 45% of the money?The nation was founded on taxes on the wealthy and tariffs -- the principle LAND taxes were on large tracts that made money; Farmers. In the early days -- they were the "bread winners" back when making bread meant, well, making "bread." Sure, there are all kinds of people who "cheat" -- because our system has criminalized getting ahead and made it legal to charge 40% interest on a credit card, or have the taxpayer print money to make sure your company doesn't fail -- when you made billions passing money back and forth with your buddies.The average person has no idea just how much is stolen from us. The REAL truth, is we don't even have to pay taxes; The government could just print all new money to pay for it's programs. So, if it adds value, then the program doesn't cause a watering down of money -- if it doesn't; money is watered down. But Taxes keeps everyone busy.You want an anecdote?The alternative to income tax -- which you get from the shills of Robber Barons like Neal Bortz (he is a perfect example of the true mental manipulation that is going on) suggest that we can solve this rigged system with consumption taxes. A friend of our family when I was a kind was a multi-billionaire. He once showed me a credit card he used that had a bank in the Cayman Islands on it. He said he had about $27 Billion in assets -- but I never saw him on the "rich list" (he had duel citizenship with another country). A lot of profits from his company, that would be "income" were not realized as profits -- and so he had a card that he could buy things with that would never be "owned by him."I could go on all day, about how a national sales tax would be the one thing worse than income taxes...When I think of Bill Gates -- I think that there are some rich guys who are richer than we know, who pay even less in taxes. And they've got friends who look the other way. They eat about the same number of burgers as you and I. And they might have some expensive suits. But what he spends on burgers and suits is a lot less of his income than what I spend on burgers and suits. Then, with his money making money, and my money going from my hand to my mouth -- he's going to be richer than me, at a faster rate.Do you know WHY, we have to tax people at a "progressive rate?" I mean, it's basic math -- and it is something that will inevitably make this whole party end with our without a revolution; When Bill Gates walks into a Bar -- the average person in that bar is a Millionaire. The Median income of the people in that bar, however, makes around $40,000 a year. Say those 100 people represent entire country in our economic example. Bill, has half of all the money there is, and 99 people have the other half. That bar is going to go out of business, if caters to 99 people for whom money is dear -- but if they make just bill happy -- they can get a part of the gravy train. That's your media and politicians; serving good 'ol Bill whatever he wants. They listen to his complaints, and opine over his problems -- because he is their best friend -- their ONLY customer.Eventually, however, the clients can't get anything at the bar -- they don't have enough money to interest the bartender.Bill can set the price. $100 isn't that much to him -- so that's what he pays for a drink. He can't really spend the money fast enough, to make the increase in money he makes tomorrow, make any difference in what he can buy -- he can buy it all.So even though things are going his way, and he's got everything he wants, and money begets money - the other 99 people eventually starve, unless Bill gives to charity or something.The whole system collapses. There is no incentive for anyone to work -- because they can't earn enough to get anything of value. And the system only caters to the rich guy. It's only a matter of time. Right now, the problem is masked, because America was the RICH GUY, exploiting the world, and then they started finding people cheaper in India and China -- and I guess these Rich guys will one day be Chinese citizens, and leave us here to rot when there is nothing left to steal, and they are tired of hiring security guards because one of their cars is worth more than 10 people make in a lifetime.The Fed has printed over $14 Trillion in the past year;<a class="user" href="http://www.prairie2.com/2010/01/in-end-only-bankers-win.html" rel="nofollow">http://www.prairie2.com/2010/01/in-end-only-banker ...</a>That's to cover the "bets" that some of these rich guys lost. That's their Bartender right there --keeping them happy and drunk on their wealth. That's about the entire GDP of this country for a year. So, they might have listed "take home pay" as 45% of the economy, but they just got twice that in favors. NONE of that money will be seen by you and me. It will be more bets in their rigged gambling hall.The Credit Default Swaps -- if you care to learn about them. Got up over $1.4 Quadrillion dollars (hey, did we just to 1% of that in printing?). At these levels, it's fantasy money because there isn't enough to BUY.We can't have a GREEN economy, because their business model requires 10% year over year growth -- or more if they can get it. More resources, at a lower cost and MORE efficiency which means paying someone less or automating, which means more patents, more investments and more money made by money and less and less by workers. And eventually what happens? All that growth in money in wealth requires more people to go into debt so they can OWE the rich guys. Either you have a large population growth of poor people born into debt, who have to lie on their taxes to "get ahead" -- which they can NEVER do, because these guys would jump out a window if they had Oprah's money... and their money makes money, right? They RISK on "investments" but if you and I pick a bad stock, we can't have the bartender fill up our drink and say; "on the house buddy." Hey, Bill put his kid through college, right? And the bouncer works for the Bar too.So now the bar has to have 200 people in it eventually, just to be poor. Eventually, this ponzi scheme of passing on debt to more people will fail,... right? Once the billionaires become trillionaires, they can't cash out -- that means crazy wild inflation if they ever do. The only game they can play to keep ahead of all their friends is in a rigged off-market game of passing around money and getting covered by the banks. As soon as ANY of them does not get a "return on investment" the money goes to where the returns are.So it's a game of chicken. They can't leave the rigged game, but they can't make money anywhere else. So, eventually the discipline will break down. Someone won't accept the funny money, or one of the more "selfish" greedy robber barons bolts to a new currency -- if there is one not sucked in by the world banks into the "best" returns.So the Rich guy leaves the bar -- and the owner only has $100 diamond martinis and 200 pissed off people with hangovers.>> When MONEY, makes more money, than people who actually do things to earn it, or people who make things of value -- then eventually, it leaves the creation of things and goes into "wealth creation" and if you don't tax it -- it ALWAYS will collapse. Read some history of our currency sometime and realize that after the Great Depression and FDRs laws on banking has been the longest period in our history of economic stability.>> You know who lobbies for the MOST regulations and rules on Corporations? Liberals maybe? The poor? Maybe Al Sharpton or some ambulance chasing lawyers? Nope, it's big corporations. Red tape, and useless regulations create "barriers to entry." A mom and pop store can never hope to survive the due diligence required of something like Sarbanes Oxley. The rules and regs keep accounts employed -- but that isn't wealthy -- it's more busy work for drones who just barely make it and keep too busy to think too hard.Every poor person, you ever knew, and middle class small business owner, put together, probably did NOT get as much as Hank Paulson did when he moved from the head of Goldman Sachs to work at the Fed in tax breaks (zero taxes because of the law that "forced" him to relinquish his holdings to prevent a CONFLICT OF INTEREST). And somehow, Paulson has done what to stop them from eating Bear Sterns and getting to hold the bag of loot from AIG? I mean, when he makes $900 Million dollars tax free -- what's his incentive to need to steal more with his old company?When your deductible goes up with health care. When your school has to hold a fundraiser to get books. When your credit card company starts a "policy" of charging you some "late fee" on top of the interest they take (as if it's a burden and NOT even more interest to count the same numbers differently) -- just remember, that it's going to take a few years to implement some policy to "stop" this practice, but the money at the Fed got printed immediately. And by the time the NEW draconian policy "harms business" they will have a new thing you have to pay for. Just remember, that all those little fees, that add up to a lot of your income -- those have to make sure that people like Hank Paulson get a Return On Investment. And in this numbers game -- next year it will have to be more -- they can't always find people to work for a $1 day and new markets where they can sell it.Are you getting it yet? The banks and the money printing used to be a function of the government -- because WE THE PEOPLE backstop the whole enterprise. "But if you tax rich people they will just leave" -- that' always been available to them and will eventually happen when you can't afford a one-way plane ticket. When a bank can lend out $10 for every $1 in, and money makes more money than work -- it is WHEN, not IF, he system collapses. Rich people don't need incentives -- workers do. And WHO is the customer when you only have rich people who can afford the products shoveled out by other rich people's companies when the value of their worker's money is so much less? Nobody.
sjl127Jan 17, 2010
Spoken like a true little indoctrinated red-faced commie.
proleapMay 3, 2010
its not what i expected <a class="user" href="http://www.refinancingmaster.com" rel="nofollow">http://www.refinancingmaster.com</a>