Objectivist Medicine Reading

     A while back, I wrote an e-mail to a Voices for Reason contributor, encouraging the writing and publishing of an Objectivist book on medicine.  I was unaware that an entire chapter had been devoted to health care in a recent book by Objectivist author, Andrew Bernstein, titled Capitalist Solutions: A Philosophy of American Moral Dilemmas.

This 21 page chapter seems to have been written shortly after the time that Obamacare was passed--as it only mentions that name once.  However, it is of great value in exploring the underlying problems of Government Health Care, because it is not enough simply to return to a pre-Obamacare mixed economy.  Government Health Care must be rolled back completely.  Only with a Separation of State from Medicine will just, medical employment opportunities be available, and skyrocketing prices be reduced.

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Dying because you might otherwise

     Pharmaceutical companies seek to develop treatments and drugs that improve our lives and often can save them.  Unfortunately, Big Government such as the FDA gets between these noble business ventures and Americans who want to purchase the cures that Pharma seeks to bring to market.

The FDA claims that it is protecting us from deadly, medical side effects of irresponsible corporations that want to profit from fraud and injury to their customers.  However, any businessman can tell you that this almost never happens because satisfying the market and having a self-adopted, responsible reputation is the way that companies stay in business.

Medicine is not only an inherently responsible, economic market, it is a unique one that cries out for government to not suppress.  While some medical products don't involve life or death situations, many do.

Suppose when you reach 50 years of age, you are diagnosed with Alzheimer's disease.  It is not expected to kill you right away; but the doctor knows that it will eventually--as there is no cure.  Now, pharmaceutical companies, such as Eli Lilly for example, have researched and tested treatments that show more promise than anything ever before brought to market.  However, the FDA has shot down many of the hopeful candidates in the name of saving lives.  Do you see something wrong with this?  If I am going to die from a disease, anyway, how am I safer not being able to buy a life-extending treatment if I want to?

Take cancer for instance.  If I develop a certain type of cancer, but the FDA has found that most individuals who are treated with all of the drugs submitted "for approval" die within 20 years, so forced them off of the market, how am I as a purchaser protected?  If I am going to die anyway, why not buy a medicine that may or may not have some kind of long-range, negative side effect?

It can be seen, in regard to its desperately cautious nature, that the FDA's message to Americans, and theme is: "Dying because you might otherwise."

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Superior "efficacy" not a requirement for selling a product

     As the illegitimate form of government called the FDA tries to wreck further economic damage, they have now moved on to attacking anti-bacterial soap producers.  The FDA has a long history of claiming that a new product must prove that it is "more effective" than other, similar, existing products.  This is completely unjust and irrational.

Should McDonald's, Burger King, and Wendy's be required to submit to a hamburger test to determine which one will be the sole franchise permitted to operate?  Should Honda, Toyota, and Hyundai be required by government to prove superiority over the others to receive a coercive monopoly granted by the state?  If I want to trade for the hamburger I desire at a drive thru, in the car I chose to buy, shouldn't I be free to do so?

There is no legitimacy to an establishment of economic regulation by government.  The FDA must be abolished--not just transformed to something new by Obamacare (if that stays around a little longer).

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Poem: The FDA you will obey

     -by Paul Wharton

The FDA you will obey
every edict they have to say.
It makes you sick and starve someday.
The FDA you will obey.

The FDA you will obey
your fear of next being their prey.
From Pharma to farmers, they slay.
The FDA you will obey.

The FDA you will obey.
No drugs on the store shelf today.
Bureaucrats can't be blamed that way.
The FDA you will obey.

The FDA you will obey
your healing time with a delay.
It's no cure to be passed away.
The FDA you will obey.

The FDA you will obey
safe food for which you cannot pay.
Cozy positions then can stay.
The FDA you will obey.

The FDA you will obey
their controls from fish to fillet.
So you're served a costly entrée?
The FDA you will obey.

The FDA you will obey
the feed to cows for a parfait.
Priced out becomes what was gourmet.
The FDA you will obey.

The FDA you will obey
Obamacare's changing foray.
Is reform better or horseplay?
The FDA You Will Obey.

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Read The Financial Crisis and the Free Market Cure

  I have just finished reading John A. Allison's book, The Financial Crisis and the Free Market Cure: How Destructive Banking Reform Is Killing the Economy. 

The author is the longest-serving CEO of a top-25 financial institution, having served as Chairman of BB&T for twenty years.

The basic theme of the book is an analysis of how government interference in business, especially banking, caused the financial crisis, and that removing government from economics is the only cure.

From the existence of the Fed, to FDIC insurance, to government housing subsides, the solution is the same; get government out of business!

It is shocking to learn of so many, concrete ways in which government has intervened in business in the name of solving economic problems; but in reality it actually causes them or makes them worse.

This book makes Ayn Rand's wisdom shine forth that every government intervention in economics always causes a violation to the Individual Rights to Life, Liberty, Property, and the Pursuit of Happiness.

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Defund Obamacare by Impeaching Obama

     The vast majority of the American people don't want it.  Most of Congress doesn't want it.  Even many Democrats don't want it--though some are pressured otherwise.  Only one individual really wants it.  It fits his dream of destroying America--as does everything he supports.

The Republicans in the House of Representatives tried to legislatively "defund Obamacare".  Due to Speaker Boehner's concept that the House is supposed to take a stand, and then make some concessions, combined with Obama's concept that he will simply make no concessions--no matter what--Obamacare was not defunded.

So, we have this guy born in Kenya who thinks that he is President of the United States standing against all of America.  What do we do?

I see the best course of action that of Impeachment.  Recently, I came across a long blog that listed 100 separate grounds for Impeachment, where any one of them easily gives America reason.

We tried to defeat Obamacare by evading the removal of Obama from the current residence in Washington.  I see our first, best hope of repealing Obamacare, the Impeaching of Obama from the position which he really never even had.

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind

Minimum Work for a Minimum Wage

     While reading The Financial Crisis and the Free Market Cure by John A. Allison, former CEO of the company BB&T, I came across some great passages that apply to Obama's big push to wipe out the jobs of a lot of workers who are earning the current minimum wage.  The following is a selection:

"The typical victims of the minimum-wage laws are the individuals that the laws are supposed to help by guaranteeing that these workers get a "living wage."  Instead, these potential employees get no wage." (p. 211)

"The minimum-wage laws are the primary cause of the high unemployment levels in the United States today.  In a free market, labor rates (wages) for many jobs would have fallen just as prices for other goods and services have fallen.  Many jobs that have left the United States for China would have stayed in the United States.  Instead of laying off employees, many businesses would have cut wages and kept their employees.  Unemployment would be much lower than it is today." (pgs. 210-211)

"...the politicians and their supporters who have raised the minimum wage in the face of a severe economic correction are inflicting an injustice on the individuals who would be willing to work at a lower wage rate.  It is both immoral and unconstitutional to deny a person the right to work on terms that are acceptable to him." (p. 212)

Paul Wharton
Objectivist Capitalist Medicine Promoter

Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind