I gotta say I let the Boomers and Gen=Xers off to easily. SOMEBODY taught these kids to go $100K in college debt in order to "follow their PASSIONS." That's GREAT if You can turn Your passion into a living wage. But, better still, have a PASSION for MAKING A LIVING. Too many kids that didn't work out that way.
As far as Boomers being "Me Generation" and beggaring their great grandkids with so many TRILLIONS of govt. debt? Got be them that started the "tradition" right? Not likely to be them who ends it, either. But all that is long conversation that isn't really my specialty, so there is that.
I'm a boomer, and my engineering degree (BSEE) cost about $14.000 dollars. Schools raised prices. A lot of my wealth, about half came from inheritance. I lost $300.000 of my 401K, in 2000 in the tech crunch. I had 10 cents on the dollar and built up my account again, investing in China. At the same time, I had to change careers to become an RN. YOU FORGET INHERITANCE IN THE CALCULATIONS. Some of the wealth accumulation comes from inheritance.
The past 40 years sucked with frozen wages, NAFTA, changing to a service economy. It is not the boomers that created the debt. It was the foreign wars and the country building from Bush through Trump. The Vietnam war was paid for by Social Security money. SO DON'T PLAY THE VICTIM. Right now I am living like a pauper so I could pass wealth on to my millennial son.
Biden and Trump created trillions in debt, paying off Boeing for a plane that wanted to crash itself, airlines that did not fly, cruise ships that did not sail and franchise restaurants and retailers that had no sales. I got a 1000 dollar check, which was about five cents on the dollar to what the elites got.
Check out the Bayh/Dole act of 1980, where the Government provides research billions of dollars, in grants, from the NIH. Fauchi gives companies and universities billions each year for Pharma. American taxpayers get no royalties on drugs patented and developed. Pharma then charges the US, the highest prices in the world for drugs. These drugs are licensed for manufacture as generics in other countries. Molnupiravir, the cure for HepC, AIDS and others are examples of such drugs. The taxpayer pays 8 billion a year for AIDS drugs to be given in Africa. Fauchi pushes drugs and withholds others. Medical Literature is based on what drugs the NIH advocates. You only write papers if you get money. Money is behind making repurposed drugs like Ivermectin, and Hydroxychloroquine from being successful. There is very little profit in curing bacterial infections and virus infections. There is more profit in curing chronic diseases like high cholesterol or diabetes.
Fauchi may have seen an opportunity to develop new antivirals and vaccines at the cost of the taxpayer. Is Fauchi a devil or an angel? Could the monies paid by the American Taxpayer for Pharma research be recompense for colonial ambitions?
Ivermectin (Stops glycosylation of the virus) and Hydroxychloroquine (a Zn ionophore, mitigates immune response, inhibits glycosylation, inhibits RNA replication)
Fauchi has power that people do not realize. The Bayh/Dole act created the machinery for making the best pharmaceuticals, at the cost of the American Taxpayer, and it has corrupted the medical system.
Years of giving that money to corporations have bankrupted the American people. Tax breaks for the wealthy to offshore money, treating China as a developing country with favored trading status, exporting jobs, hiding money, and now ruining our Government. Has anyone taken China off these trading statuses?m Maybe the hostilities with China are not real, just like climate change and living in the Hamptons, Martha's Vinyard, or Maura Lago. Words vs. behaviors create distrust..
It is not the boomers; it is not a system of racial inequity, it is the system of corruption. GET YOUR AGE, RACE, GENDER, CULTURAL GLASSES OFF. LOOK AT REALITY. It is the elite corrupting our Government.
"IP Advocate: Beyond misuse and misinterpretation, what is the worst you have seen?"
"Dr. Barnett: It comes down to money. Nowhere does it say that Bayh-Dole was intended to earn big bucks for universities. Yet many universities and corporations in the system skip right for the money, any way they can get it. Ironically, apart from some rare, substantial transactions over the nearly 30 years of Bayh-Dole, universities haven't got all that much of the money, and have done even worse at the other stuff, such as dealing with software and data.
"The problems also show up with university inventors. I've seen money-driven behavior with federal funding that wouldn't do so well if it surfaced in the press. It isn't that money driven behaviors are themselves bad. It's just that within a university, in the conduct of science and other public interested research, it's the public interested part that gets squeezed out. Who advocates for the public interest in the push and pull between inventors and administrators over Bayh-Dole inventions?"
Got one other to read first thing tomorrow. Then will think on this some.
One of the problems is the NIH that provides the funding then advocates these drugs get pushed. Fauchi did that with AIDS and AZT. He advocated Tamaflu which does nothing. He told the Bush administration to stockpile it. He pushed Remdesivir which did nothing. Studies I believe were skewed on Ivermectin and Hydroxychloroquine. I guess dexamethasone is OK to use, but that's a steroid that mitigates immune response, By giving out money and advocating what gets used, they control what gets researched. Molnupiravir was shelved. Mat Taibbi wrote an article saying cronyism is behind much of what is advocated.
Why does the US pay the highest drug prices in the world when the taxpayer funds research and development of the drug? The cure for Hepatitus C is an excellent example. HIV is another example. Maybe enough data on the medicine is not available so newer medications are used in developing countries. Bill Gates was giving out vaccines for HPV in Africa supposedly killing many girls. It was given out as a general health drug.(1) Maybe this is false, I don't know
PrEP (Pre Exposure Prophylaxis )vaccines are being tried out in Africa now for HIV (2). Truvada and other new drugs may be used there for study.
I gotta say I let the Boomers and Gen=Xers off to easily. SOMEBODY taught these kids to go $100K in college debt in order to "follow their PASSIONS." That's GREAT if You can turn Your passion into a living wage. But, better still, have a PASSION for MAKING A LIVING. Too many kids that didn't work out that way.
As far as Boomers being "Me Generation" and beggaring their great grandkids with so many TRILLIONS of govt. debt? Got be them that started the "tradition" right? Not likely to be them who ends it, either. But all that is long conversation that isn't really my specialty, so there is that.
I'm a boomer, and my engineering degree (BSEE) cost about $14.000 dollars. Schools raised prices. A lot of my wealth, about half came from inheritance. I lost $300.000 of my 401K, in 2000 in the tech crunch. I had 10 cents on the dollar and built up my account again, investing in China. At the same time, I had to change careers to become an RN. YOU FORGET INHERITANCE IN THE CALCULATIONS. Some of the wealth accumulation comes from inheritance.
The past 40 years sucked with frozen wages, NAFTA, changing to a service economy. It is not the boomers that created the debt. It was the foreign wars and the country building from Bush through Trump. The Vietnam war was paid for by Social Security money. SO DON'T PLAY THE VICTIM. Right now I am living like a pauper so I could pass wealth on to my millennial son.
Biden and Trump created trillions in debt, paying off Boeing for a plane that wanted to crash itself, airlines that did not fly, cruise ships that did not sail and franchise restaurants and retailers that had no sales. I got a 1000 dollar check, which was about five cents on the dollar to what the elites got.
Check out the Bayh/Dole act of 1980, where the Government provides research billions of dollars, in grants, from the NIH. Fauchi gives companies and universities billions each year for Pharma. American taxpayers get no royalties on drugs patented and developed. Pharma then charges the US, the highest prices in the world for drugs. These drugs are licensed for manufacture as generics in other countries. Molnupiravir, the cure for HepC, AIDS and others are examples of such drugs. The taxpayer pays 8 billion a year for AIDS drugs to be given in Africa. Fauchi pushes drugs and withholds others. Medical Literature is based on what drugs the NIH advocates. You only write papers if you get money. Money is behind making repurposed drugs like Ivermectin, and Hydroxychloroquine from being successful. There is very little profit in curing bacterial infections and virus infections. There is more profit in curing chronic diseases like high cholesterol or diabetes.
Fauchi may have seen an opportunity to develop new antivirals and vaccines at the cost of the taxpayer. Is Fauchi a devil or an angel? Could the monies paid by the American Taxpayer for Pharma research be recompense for colonial ambitions?
Ivermectin (Stops glycosylation of the virus) and Hydroxychloroquine (a Zn ionophore, mitigates immune response, inhibits glycosylation, inhibits RNA replication)
Fauchi has power that people do not realize. The Bayh/Dole act created the machinery for making the best pharmaceuticals, at the cost of the American Taxpayer, and it has corrupted the medical system.
Years of giving that money to corporations have bankrupted the American people. Tax breaks for the wealthy to offshore money, treating China as a developing country with favored trading status, exporting jobs, hiding money, and now ruining our Government. Has anyone taken China off these trading statuses?m Maybe the hostilities with China are not real, just like climate change and living in the Hamptons, Martha's Vinyard, or Maura Lago. Words vs. behaviors create distrust..
It is not the boomers; it is not a system of racial inequity, it is the system of corruption. GET YOUR AGE, RACE, GENDER, CULTURAL GLASSES OFF. LOOK AT REALITY. It is the elite corrupting our Government.
Ah well... Got WAY distracted on another Substack. Read this from MIT student 2005 which was mebbe overly hopeful. Hindsight being 20/20:
http://web.mit.edu/lawclub/www/Bayh-Dole%20Act.pdf#:~:text=The%20Bayh-Dole%20Act%20has%20created%20opportunities%20for%20conflict,while%20simultaneously%20funding%20these%20faculty%20members%E2%80%99%20research.%20%2816%29
THIS one fascinated me, but couldn't find a DATE it was written:
http://ipadvocatefoundation.org/stories/120409/
Part I thought was MOST significant was:
"IP Advocate: Beyond misuse and misinterpretation, what is the worst you have seen?"
"Dr. Barnett: It comes down to money. Nowhere does it say that Bayh-Dole was intended to earn big bucks for universities. Yet many universities and corporations in the system skip right for the money, any way they can get it. Ironically, apart from some rare, substantial transactions over the nearly 30 years of Bayh-Dole, universities haven't got all that much of the money, and have done even worse at the other stuff, such as dealing with software and data.
"The problems also show up with university inventors. I've seen money-driven behavior with federal funding that wouldn't do so well if it surfaced in the press. It isn't that money driven behaviors are themselves bad. It's just that within a university, in the conduct of science and other public interested research, it's the public interested part that gets squeezed out. Who advocates for the public interest in the push and pull between inventors and administrators over Bayh-Dole inventions?"
Got one other to read first thing tomorrow. Then will think on this some.
One of the problems is the NIH that provides the funding then advocates these drugs get pushed. Fauchi did that with AIDS and AZT. He advocated Tamaflu which does nothing. He told the Bush administration to stockpile it. He pushed Remdesivir which did nothing. Studies I believe were skewed on Ivermectin and Hydroxychloroquine. I guess dexamethasone is OK to use, but that's a steroid that mitigates immune response, By giving out money and advocating what gets used, they control what gets researched. Molnupiravir was shelved. Mat Taibbi wrote an article saying cronyism is behind much of what is advocated.
Why does the US pay the highest drug prices in the world when the taxpayer funds research and development of the drug? The cure for Hepatitus C is an excellent example. HIV is another example. Maybe enough data on the medicine is not available so newer medications are used in developing countries. Bill Gates was giving out vaccines for HPV in Africa supposedly killing many girls. It was given out as a general health drug.(1) Maybe this is false, I don't know
PrEP (Pre Exposure Prophylaxis )vaccines are being tried out in Africa now for HIV (2). Truvada and other new drugs may be used there for study.
(1) https://www.skepticalraptor.com/skepticalraptorblog.php/vaccine-denialists-hate-bill-gates/
(2) https://www.prepvacc.org/
I'll hafta read over this a couple more times, M. Odin. Not saying I DISAGREE with much. Just 4am and I'm not "woke" yet. (Haha! ;)