oseo
120853
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https://twitter.com/4everNeverTrump/status/972188807142432769
Mar 9, 2018 7:22 PM
oseo
120853
2636
146
https://twitter.com/4everNeverTrump/status/972188807142432769
IvnWng
He offered bounty for WHAT???
AmItrolling
Was arrested for weed (fl), did not go to prison. Or jail. Or court. (Am white) Lost money and time.
MaggGyver
I would like to point out that for a poor person working an hourly job, that time and money likely amounts to a huge financial loss.
AmItrolling
Oh, it was. I'm not downplaying it by any means. Just thought the "5 years prison for any amount was a bit extreme."
REVENGE488
Stop applying logic to laws
ArdentSlacker
I think it would be better to start.
pixelilly
What’s gonna happen to that WuTang album though?
Lexx78
He will go to jail a Tight end and come out a Wide receiver
ArdentSlacker
I dunno. Fucker's a wu-tang fan and it sounds like he teaches on the Inside. Probably a master class on investment and money laundering...
waitwasthatreal
It’s not 5 years, and it’s not like you can sell unregulated products, making moonshine is still a felony too.
zma123456
Let's not forget he wasn't even jailed for the pric gouging just the fraud.
atrillionaliens
What price gouging? The drug was given for free to people who couldn't afford it. It was "insurance gouging" to fund R&D for a better drug.
FirstEdition
And insurance gouging is literally the name of the game with pharma companies. They offer coupons to dramatically lower price for uninsured
KyraLee
Because that wasn't illegal. Only the fraud is illegal. Maybe the hair thing? That's the first I've heard of the hair thing.
Cortezdelanoche
He got in trouble for fucking with rich people. That is the only reason. He's a jackass, but let's be real.
dontbustmychops
..offered a bounty for Hillary Clinton's hair? Can someone explain this to me?
oseo
https://www.washingtonpost.com/news/business/wp/2017/09/13/martin-shkreli-apologizes-for-facebook-post-about-hillary-clinton/
TCGView
He'll probably be out in 18 months. Non violent offenders rarely serve their full sentence.
ArdentSlacker
I'm kinda fine with that. 1.5 years, felony conviction, 5.5 years parole... and the 7+ million fine. Still going to leave him with near 1+
ArdentSlacker
2+ 20 mill. Honestly, kinda sounded like the guy got prison time because the judge got sick of him trying to play down what he did. I'm fine
ArdentSlacker
3+ with it because A) it's a start. White collar criminal in public eye got punished, and is losing nearly a third of his assets. B) what
ArdentSlacker
4+ he stole, he'd already repaid. I dunno the timeline, but his fraud victims are out jack and squat. Felony fraud conviction means he seeks
ArdentSlacker
5/5 a new job. He's done in his old industry. And that does mean building a new life. With more money than I'll ever make. :\
howmanyprofilesarenamedEric
I want to run for president one day and fix all these back ass laws.
goingtochipotlewitharistotle
White collar crime seems to rarely result in severe punishments.
Motheryes
Do you think hell make it through prison?
SomeDetroitGuy
This isn't even remotely true.
EveryoneWhoDisagreesWithMeIsLiterallyHitler
Unfortunately, as a huge supporter for legalizing all drugs, I heard that roughly only 3% of people in prison are for possession..
EveryoneWhoDisagreesWithMeIsLiterallyHitler
Still want them released, but it's not going to be the money saver I thought it would be.
Fahargo
Also the majority of all prisoners are violent offenders
lenomdeplume
Trumps son from another, as yet undisclosed, mother.
Couchguy303
No, selling "Any amount of marijuana" will not get you five years in jail. Just stop it with the fake news
MediaMuerte
More people got access the drug after the purchase, though. Less than a thousand people need it though.
rudejohn
I may have a friend who was arrested for sale of marijuana and got 24 months probation and paid an $8000 fine and no prison involved.
Theinternetwasinventedforveryimportantscience
Steal from the rich, go to jail. Be black and like weed, go to jail. Same old story.
sometimescash
Yeah weed should be legal. But selling it, you deserve prison, cause some of it ends up back in cartels hands, & they murder innocent peeps
Asteroidrules
Don't forget committing several million dollars worth of fraud lands you in the Oval Office for 4 years.
Idrinkforevil
The sad thing is that he wont be able to afford his own aids drug when he gets raped in prison
Squagglenater
The one benefit of living in california are the drug laws, so glad weed is recrational now
imjusthereforthefreetoiletpaper
He raised the price of a drug because it cost him billions to purchase and the drug was almost entirely covered by insurance.
imjusthereforthefreetoiletpaper
He then used the insurance money to develop new drugs. He did more for pharmaceuticals with one drug than any other big Corp.
SoftBonez
I am 100% sure most people bashing him have never actually read into what he did and why. he has a youtube channel, listen to him explain it
miobravo
That is fucked up
HumanBeingOfEarth
He already offered the drug free to anybody that cant afford it which in most people's cases is already covered in their free health care.
HumanBeingOfEarth
And that hilarys hair thing is hilarious. Why are people so uptight and misinformed these days?
ChallengerDeep
None of this is free. It's all a reason for the skyrocketing cost of insurance premiums. Everyone paid for it. He's not the only one though.
Mack1986
The price increase was legal. Unethical but legal. Has fuckall to do with his sentence
rylecx
but it sure is inflammatory for the witch hunters
jsktrogdor
That's the point.
khazaria
Some people do this and get appointed to the Cabinet.
BeRad117
It actually was ethical. It was an outdated drug he increased the price for research funding and whoever still needed it got it for free.
wizardofkek
And a competitor announced they’d sell the drug at the old price less than a week later.
override367
When he went before congress he basically said it was his job to make money, the job of all healthcare companies, not to save lives
override367
later (I think its on a youtube interview with a streamer?) he said that he was trying to spot light that these people can set the peasants-
override367
on fire and it's totally legal, that our lives are in their hands, and the supply and demand doesn't work when the supply is "you live"
Jocktopus
Wasn't even unethical, it was actually completely justified if you look into it. None of the people suffering from the illness were hurt.
magila
One first class ticket to Hell. That will be in the smoking section especially when you land in the lake of fire asshole.
MediaMuerte
2/3 got it for free. These butt hurt people don't understand the pharmaceutical market
FireatWill
The public is retarded.
MediaMuerte
They also don't realize this system.of high prices to insurance companies is how new drugs are funded
Urgalicity
Seems like there should be a law against what he did.
Renza0
With any luck it may affect how that sentence plays out though.
pleaseconsiderthatImightbejoking
Perfectly ethical since he was charging it to insurance companies while giving it to uncovered people for free. He just stole from the 1/2
pleaseconsiderthatImightbejoking
people who rob you blind daily. 2/2
WinterInMyHeart
Insurance companies don't shrug their shoulders and go "Oh well, too bad we're losing money!" No, they fucking raise premiums on everyone.
MediaMuerte
They gave it out for free to 2/3 of the people prescribed it
ArtOzz
Indeed, but I believe the point may be that people, myself included, believe it should.
alvastar
Personally, I am terrified by the idea of a judge increasing or decreasing a sentence solely based on if they liked previous legal acts.
CleverUsername368
But there likes an issue. You can't have "feelings" determine a sentence of jail time.
lenomdeplume
bamcobra
Ever hear of “Victim Impact Statements”?
ArtOzz
...Im pretty sure you can lad. We feel that the worse the crime the longer the sentence, worse being defined as heinous.
FirstEdition
I think what he means is you can't decide that something is illegal post hoc just because you don't like it
ArtOzz
And I think you can. Thats why people work to make shit illegal. Doesnt mean it was, is, or even ever will be. But dont and it wont.
SamaelTheVenomOfGod
In this case, the 'feelings' are more that those making the laws in question no longer represent the constituency effectively.
SamaelTheVenomOfGod
Well, they are in my case at least.
killerjerick
But "feelings" is what dictated mandatory sentences in the first place.
alvastar
Sure, but that's the initially creation of a system. Once created, justice works better if implemented impartially rather than emotionally.
Orzbek
Saw you get down voted. Rectified the problem. People forget that if "emotions" could change sentences, things would be much worse than now.
CheekyBreeki
Every single law in existence is based on human feelings.
MrMoustachioso
That's bullshit. There are observational truths on which some laws are based
MrGato
but you cant change a law then retroactively punish him , that is retribution, not justice
CheekyBreeki
"Justice" changes from culture to culture and person to person. It's fickle. It is retribution with a nicer sounding name.
DukeDarkwood
In the US (and I assume many other countries), when you do change a law, you indeed CANNOT apply it retroactively (called 'ex post facto').
Templarfreak
Honestly all justice is vengeance that people largely agree upon.
Harambaegel
Capitalism allows for it. He has also repeatedly offered the drug for free to those who actually need it. His hike was more of a protest.
BalphEubanksLeftNut
Capitalism has its flaws, but the alternative is horrifying. Central planning always results in amazing human rights abuses.
Thatotherlurker
If you've got it, I'd like a source on that. I've only ever heard bad things about him so, some perspective is very nice,
Harambaegel
Watch the interviews Vice did with/on him.
Harambaegel
By the time he got famous in the news it was for bad reasons and media loves to keep that snowball rolling just to get more views/hits.
BetterLuckyThanGood
The only reason Shrkeli is facing any penalty is because he defrauded investors. No one cares what kind of scams you run, just don't 1/
therdin
Technically he didn't even defraud them in the sense that they lost money. He borrowed from one fund to pay another then recouped the 1/2
therdin
Money for both funds. Even the investors said as much. If he wasn't such a fucking prick he wouldn't have been indicted on any charges
HiImReyna
Why is he a prick? From what I know, he gave the medicine away for free to people who needed it, and fucked with companies.
therdin
Fucked with insurance companies. Which use our pooled money to pay for those drugs. Higher insurance premiums are to do people like 1/2
therdin
Him and Valeant pharma that raise costs to insurance 5,6,7 thousand percent while killing R&D. Insurance passes that hike on to you
Renza0
There's nothing to find further down this comment chain but more race baiting.
BetterLuckyThanGood
run them on rich white people.
itsjustjake
It's a race thing now!
oseo
Won't argue with you there.
AllHeilTheBanana
Rich people* , as a wise man said "money matter , the moterfucker could be blue for all i care".
chardlz
Or don't break the law? He's going to jail because he willingly and knowingly broke the law. Move to CO if you want to sell weed. It's a
chardlz
business if you want it to be. Move to where the market is or accept the risks that are associated with your practices. There's risk in
chardlz
literally every business. Unfortunately, you're accountable as an individual if you aren't incorporated and you can't do that in a place
chardlz
where the product you want to sell is illegal. Are we gonna start bitching about the fact that gun runners go to prison too?
GnomeDeGuerre
Tax for poor people, only representation for rich people.
Kycoo777
Not entirely true. 2016 Scott Tucker got busted for swindling poor people through pay-day loans.
neil137
so i can defraud minorities, by, say, opening a payday lending business in a poor black area
InkyBlinkyPinkyAndClyde
Great example.
BetterLuckyThanGood
Pretty much
Belckan
Are you sure you can fuck over rich black/asian/middle eastern/spanish people? LOL
SaintCody
Was on board until you said rich "white" people. Why they gotta be white?
thenameshandbanana
Because you can’t be racist against white people duh! Don’t you know anything
manicmalki
What does the color of the 1% have to do with this?
Beeseik
I mean, if you're going to consider Jewish people white, then that makes sense, but I've heard people argue against that including Jews.
baronnapalm
Because everything in America is race motivated. Duh. Gosh.
SaintCody
Thank you
Muppetwarior
As shitty as it was (and oh man, was it ever) the medicine price hike was not illegal. defrauding investors is. also race had nothing to 1/
nclu
Yeah, no one likes the price hikes. But how about we turn towards some real patent reform instead of just seeking blood for bloods sake?
Muppetwarior
I'm ok with that. +1
Muppetwarior
do with it. why bring that in?
ThroughTheLookingGlass
Cuz it's funny annd mostly true!
ThroughTheLookingGlass
Awwww lighten up everybody. It's ok
newsguycraigevans
Because it's observant and factual.
DystopianSurvivor
Cause rich black is people never do that evil elitist shit only white people, duh.
InkyBlinkyPinkyAndClyde
That wasn't the point. It's that when rich white people get scammed by a rich white person, they have the power to put him away. Whereas /1
Renza0
wait, hold up. there are rich black people?
newsguycraigevans
Grow up
Jomini001
What the fuck?. Scumbags and criminals come in every shade. http://www.blackenterprise.com/black-hedge-fund-manager-fraud-fredrick-d-scott/
rcoleman792
In nearly every western society, rich white people are at the top of the resources ladder. They influence politicians and the legal system.
rcoleman792
you don't fuck with that.
Muppetwarior
gosh, could that be because white people are the majority in western countries? Nope, it must be racism. Are they running Asian countries?
r0b0tc0rpse
I said this on another thread and got downvoted and asked for a source. WUT?
HighFunctioningAlcoholic
Price controls screw up economies. You can't tell someone what they can and cannot charge for a product they own.
PrettyFlyForASciGuy
Price controls are a normal feature of all economies. For medicine in particular, the UK, Austria and other countries set max prices
BrianTheNomad
So if the price of having water (sewage, running water for consumption and otherwise, etc) went up to 100k, that would be fine?
HighFunctioningAlcoholic
Someone is going to provide those services regardless, so the government gives someone a monopoly with price controls. Drugs aren't 1/2
HighFunctioningAlcoholic
2/2 aren't getting made without a strong financial incentive.
BrianTheNomad
It’s a drastic comparison but medicine is sometimes as necessary as water. Not that you can’t change price if you own it but there’s limits.
SpectreA19
Theres a fallacy here. That product will be unmarketable, and someone will move into that space as the business goes bankrupt
I3lackLion
He was also providing it for free to those who needed it. I haven't heard much news on anyone who wasn't able to get it.
MaggGyver
If it's a lifesaving drug, then I'm very OK with telling companies what they can charge for it.
IKnowYouHateMeYes
Are you very OK with paying them back their full investments and more for the hours of work spent producing that?
MaggGyver
Pharmaceutical companies don't even fund all their own research privately, but they do reap most of the financial profits from it.
MaggGyver
But to answer your question, I'm willing to pay for the product, as long as corporations don't price gouge people who need it.
HighFunctioningAlcoholic
Fine, I won't make that new lifesaving drug then. Plus, a generic version was made soon after.
FirstEdition
This is a big part of why no companies make drugs for orphan diseases. Unless they charge outrageous amounts its just not worth
HighFunctioningAlcoholic
Which is very reasonable. The money is better spent elsewhere, by both the private sector as well as the government.
ThatDarnLobster
When the system gets abused the govt gets involved. Don’t want regulation, don’t fuck up and piss everyone off.
FirstEdition
You switched that around. "When the gov't gets involved the system gets abused"
MadCat221
So you trust entities that aren't even ostensibly For The People over those who are supposed to be?
FirstEdition
I trust them to try to make as much money as they can, which is their stated purpose. Government on the other hand, I do not trust to help
Brightlinger
Yes, but barriers to competition also screw up economies. In a sane market, big price hikes mean somebody undercuts you and life goes on.
HighFunctioningAlcoholic
Which someone did... Imprimis Pharmaceuticals literally did that. New drugs today also cost billions in R&D.
Brightlinger
Right. I'm agreeing with you that the policy problem, to the extent there is one, is not a lack of price controls.
Brightlinger
You don't need price controls to prevent gouging, just competition.
SnugglesaurusRex
The average reported drug cost for R&D is exaggerated by 100 times because there's no law against lying about it.
SnugglesaurusRex
I love how it's orthodoxy that markets that only benefit the rich are more important than human life, morality, or ethics. We are lost.
whynotsneeze
Would love to see someone you really love dying cause you cant afford the medic. In fact i hope it wont happen, cause i m not a dick like u.
HighFunctioningAlcoholic
I'm happy that profit has driven companies to produce drugs that may one day save a dying family member.
redronin911
He's being a dick but sadly he is right...
whynotsneeze
no he is not. Freedom wihtout ethic is dumbass hell. And such dogmatic dicks like AynRand will just abuse other ppl ethic when inneed.
redronin911
I mean legally not morally. LEGALLY he didn't do anything wrong. MORALLY he should burn in hell.
HighFunctioningAlcoholic
The drugs won't exist without companies being able to derive a profit, just like you wouldn't go to work if you didn't get paid.
SnugglesaurusRex
Economies should be of secondary importance to human well-being. Economies should serve humanity, currently it's opposite.
HighFunctioningAlcoholic
Economy refers to the overall market. If I limit your ability to sell, at some place point you will stop producing.
SnugglesaurusRex
That's just brinkmanship. Non-infinite profits are still profits. It's a lie to protect the billionaire class.
HighFunctioningAlcoholic
That's one of the core tenants of economic theory. There is a point where people stop producing.
HighFunctioningAlcoholic
The free market has advanced humanity leaps and bounds.
SnugglesaurusRex
Science and engineering did that. Free Market capitalism will be judged by history as the system that destroyed the world.
HighFunctioningAlcoholic
Wonder where those two things came from. I guess the world was doing pretty great before free trade and open markets.
HighFunctioningAlcoholic
Market capitalism is the reason we're able to have this completely worthless conversation (for both you and me).