Re: "Fold Equity" ...definition and example please
- From: Dutch <no@xxxxxxxxx>
- Date: Wed, 25 Jun 2008 09:15:26 GMT
Beldin the Sorcerer wrote:
"Dutch" <no@xxxxxxxxx> wrote in message news:37c8k.49543$gc5.44815@xxxxxxxxxxxx"Beldin the Sorcerer" <beldinyyz@xxxxxxxxxxx> wrote in message news:wa88k.11$ic.9@xxxxxxxxxxx"Dutch" <no@xxxxxxxxx> wrote in message news:yMq7k.24492$Jx.19776@xxxxxxxxxxxxDrug companies are free enterprise in every country, almost all of which have universal medical insurance.Beldin the Sorcerer wrote:Because they take big risks and they work out often enough."Dutch" <no@xxxxxxxxx> wrote in message news:hRn7k.24343$Jx.3241@xxxxxxxxxxxxRepeat after me, record profits year after yearBeldin the Sorcerer wrote:Repeat after me... .8 BILLION to bring a drug to market."Dutch" <no@xxxxxxxxx> wrote in message news:Any6k.13265$kx.4125@xxxxxxxxxxxxGlad to hear it. Repeat after me ctrl-c ctrl-vBeldin the Sorcerer wrote:I copied and pasted any number of cites."Dutch" <no@xxxxxxxxx> wrote in message news:TJg6k.12331$kx.6296@xxxxxxxxxxxxHow's that copy/paste project going?Beldin the Sorcerer wrote:No, I'm stating documented fact."Dutch" <no@xxxxxxxxx> wrote in message news:fg26k.14069$Jx.10122@xxxxxxxxxxxxMisconceived opinions, fallacies, and general verbal diarrhea.Beldin the Sorcerer wrote:I'm statingYou're not stating facts, you're stating opinions, and not providing evidence to back them up.No, dutchie, I'm stating facts.
It's boring.
Alas, you're a mental defective, and can't understand polysylabic words.
So cites are wasted on your idiotic mentality.
How's that reading for comprehension class?
.
Now, idiot boy, if they DON'T make big profits, then they DON'T take big riskshttp://www.cmaj.ca/cgi/content/full/171/12/1451The risk/reward ratio is good, when there's free enterprise.
Although the pharmaceutical industry claims to be a high-risk business, year after year drug companies enjoy higher profits than any other industry.
No, Dutch, when pricing is regulated, it isn't free enterprise.
Yes it is. If the drugs are produced by private for profit companies then that is free enterprise. Every drug company sells into markets where there are regulatory bodies in place. They sell to large drug store and distribution chains who also negotiate lower prices. It is in everyone's best interest that drug manufacturers remain profitable, and they are, in spades.
It sucks under managed care, which is why R&D drops off.The point is, you don't have a point. You're making a silly, baseless claim. Get this through your thick skull, universal medical insurance does not socialize drug companies or stifle medical research.
That's the whole POINT, puddin-pop.
Universal medical care sets universal pricing on medication.
Health care plans set a limit on what they will pay for each drug, based on a complex negoation on a case by case basis. The prices are kept equitable across the developed world. Otherwise, drug companies would gouge.
This is a function of the cost of manufacturing the drug.
Don't pretend to know how the system works.
This isn't free enterprise.
Yes it is.
This IS what socialized medical coverage brings.
Socialized medical insurance brings care to people who need it, while allowing private enterprise to thrive. It works everywhere but the US, where private enterprise is bankrupting you.
.
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