Do you believe in Karma?

Sgt Spencer Sikder — Thu, 17 Dec 2015 07:42:55 -0500

http://www.msn.com/en-us/money/companies/ceo-reviled-for-drug-price-gouging-is-arrested-on-fraud-charges/ar-BBnEN3Z?ocid=spartanntp

Gouged cancer patients in what now appears an attempt to make up for losses.

CEO reviled for drug price gouging is arrested on fraud charges

A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested on securities fraud related to a firm he founded.

Response by SGM Private RallyPoint Member made Dec 17 at 2015 7:46 AM

SGM Private RallyPoint Member — Thu, 17 Dec 2015 07:46:45 -0500

No, but Karma believes in me. There is no place to hide.

Response by Sgt Aaron Kennedy, MS made Dec 17 at 2015 8:47 AM

Sgt Aaron Kennedy, MS — Thu, 17 Dec 2015 08:47:57 -0500

There's not many things I truly despise... but "profiteers" are one of them.

When someone says "It should cost X to save someones' Life" and then ups the price of a lifesaving drug because he has the sole capability to produce it, this is not a Person, it is a Monster, and my Ethical response to monster is a "Switch" not a "Dimmer." I have no problem with putting Monsters down.

Now, don't get me wrong, I have zero response with Profit. NONE. I have a problem with Profiteering. I'm not saying he has to give the product away. I'm not even saying he can't increase the pricing. But the "mentality behind the price increases" is what makes him a Monster. And I've got a problem with that.

As an example.

a) Buys company. Realizes that drug is making X profit, and drug should be making X*Y profit to be inline with "market" (comparable drugs). - No problem.

b) Buys company. Realizes that drug is making X profit, and drug "could be making Z profit" because People can't buy extra lives. - Big Problem.

Long Story Short. I don't wish misfortune on anyone, but screw this Monster.

Edit: word