Innovation Tax

"Pharmaceutical Manufacturing Companies Fee. Under this proposal, an annual fee of $2.3 billion would be imposed on the pharmaceutical manufacturing sector beginning in 2010. The fee would be allocated by market share.

"Medical Device Manufacturers Fee. Under this proposal, an annual fee of $4 billion would be imposed on the medical devices manufacturing sector beginning in 2010. The fee would be allocated by market share.

"Clinical Laboratories Fee. Under this proposal, an annual fee of $750 million would be imposed on clinical laboratories beginning in 2010. The fee would be allocated by market share, except for small businesses.

"Regardless, the talking points are a strong signal to life sciences innovators that the health care reform dialogue in Washington is heading in a direction that will directly harm innovation......" and "we can be sure that this will contribute to increasing costs of healthcare, contrary to the national objective.

"However, from every possible perspective, this proposal is a zero-sum gain to the Federal government, and a raw deal being offered to innovators in life sciences."

Read more HERE>

The Peasants Are Revolting

"Elites in politics, journalism discover that people have the power and the world is changing."

So says Dan Gainor at:
The Boone Pickens Free Market Fellow
Business & Media Institute
8/19/2009

"The Internet revolution is inflaming political activists and politics may never recover. It’s less messy than the guillotine, but the tech rebellion is severing ties with old media just as cleanly.

"The new tools enable voters of both sides to speak out and organize more easily. Whichever side is in power will discover that opposition can form even when the media ignore an issue."

Check out this most interesting overview and assessment of "PEOPLE POWER" by clickiing HERE.