The Obama Presidency

[Yoshi]

BMGF is not funded through taxes.

Obviously. I came back in after a change in conversation and missed a piece. I was connecting the nonprofit discussion back to where diff was earlier today about government funded research. Charities are the way all income redistribution should occur.

[Diff-chan]

Also: the big pharm companies target research on diseases that afflict wealthy westerners who are willing to pay outlandish prices.

The BGMF and other nonprofits and, yes, the gubment, can put research into diseases/issues that affect a far larger number of people who happen to be extremely poor and can't pay $50,000 a year for cancer treatment based on gene sequencing. Often the methods and technology already exist, after all they've been used in the west, they just haven't been delivered to these places because those places can't pay for them.

Also x2: Look at the way they are trying to eradicate polio. The techniques to eradicate a disease are well-known, we've done it once. It's just the money and profit motive isn't there. Pfizer's shareholders don't want them spending money on immunizations in the Sudan unless they can turn it into some BS marketing campaign.

[Am_I_Anonymous]

It's all about return in investment, Diff.

If you and 3 friends put 20 million each into a pill that cures cancer you're not going to profit. However if you put out a pill that delays cancer significantly...for 400 bucks a month, profits hit in Q2 of release.

[bbobb]

That's his point.

[Am_I_Anonymous]

I was agreeing. I can't insert an image anymore much less a head nodding gif.

[Some Stupid Japanese Name]

I don't think anyone here doesn't understand why corporations are doing the things they do in the manner they are doing them.

[bbobb]

What's a corporation?

[Am_I_Anonymous]

I don't think anyone here doesn't understand why corporations are doing the things they do in the manner they are doing them.

Me not defending them might be news to some older folks. That's all.

[Josh]

What's a corporation?

A miserable pile of secrets.

[Am_I_Anonymous]

A miserable pile of secrets.

Funny how true that really is. Higher up you get, more it's like high school.

I am glad I adopted the small business route.