So, you don’t think Obama is a socialist, and he’s moving this country in to socialism, huh? Here, I need to pour you a cold one.
He didn’t like Rick Wagoner over at General Motors either, remember? He forced him to step down too. You know, some of you may be right. Maybe it isn’t socialism, it look more like communism. Whatever “ism” it is, I can tell you for certain what “ism” it’s not. Americanism.
via the Wall Street Journal:
A government attempt to oust a longtime drug-company chief executive over his company’s marketing violations is raising alarms in that industry and beyond about a potential expansion of federal involvement in the business world.
The Department of Health and Human Services this month notified Howard Solomon of Forest Laboratories Inc. that it intends to exclude him from doing business with the federal government. This, in turn, could prevent Forest from selling its drugs to Medicare, Medicaid and the Veterans Administration. If the government implements its ban, Forest would have to dump Mr. Solomon, now 83 years old, in order to protect its corporate revenue. No drug company, large or small, can afford to lose out on sales to the federal government, a major customer.
Do as the government wants you to do or get run out of business. I guess the government, Obama’s government is exempt from its constitutional authority? This isn’t right, even if the CEO did something wrong.
The Forest case has its origins in an investigation into the company’s marketing of its big-selling antidepressants Celexa and Lexapro. Last September, Forest made a plea agreement with the government, under which it is paying $313 million in criminal and civil penalties over sales-related misconduct.
A federal court made the deal final in March. Forest Labs representatives said they were shocked when the intent-to-ban notice was received a few weeks later, because Mr. Solomon wasn’t accused by the government of misconduct.
Forest is sticking by its chief. “No one has ever alleged that Mr. Solomon did anything wrong, and excluding him [from the industry] is unjustified,” said general counsel Herschel Weinstein. “It would also set an extremely troubling precedent that would create uncertainty throughout the industry and discourage regulatory settlements.”
This is a power grab by this regime. Obama wants to control everything and everybody including private business. The constitution and the Enumerated Powers? HA! HA! HA! LMAO!!! The joke’s on you, America!