Are Mark Cuban, Big Pharma And VP Harris Plotting To Raise Drug Prices?

Daily Caller Former “Shark Tank” star Mark Cuban likes to position himself as a humanitarian. But it turns out he might be just another well-connected celebrity using his high-profile political connections to rig the marketplace in his favor.  The healthcare scheme Cuban seems to have cooked up recently with Vice President Kamala Harris reveals his true motives.  Cuban has aligned himself with Big Pharma in pushing for healthcare regulations that would advance his business interests. Hardly by coincidence, Harris announced Oct. 8th that she would do their bidding if elected president.   The game plan concocted by Cuban and Big Pharma looks to unleash the power of the regulatory state against pharmacy benefit managers, known as “PBMs.” These are groups that businesses’ health plans hire as a way to lower drug costs for their employees. It happens also to be a strategy used by many government agencies. PBMs are effective because, combined, they manage the health plans for just about every business in the country, with 275 million Americans benefiting from their services. Their size and scale gives them significant leverage at the negotiating table with the drugmakers, leading to lower consumer drug costs.   A study by the Coalition for Affordable Prescription Drugs found that the great majority of businesses are happy with their PBMs. This unsurprising finding is reflected in research by Casey Mulligan, who chaired former President Trump’s White House Council of Economic Advisers from 2018 to 2019. Mulligan’s research found that PBMs provide more than $145 billion in value every year. Why, then, are Big Pharma, Cuban and Harris pushing to regulate these companies? For Big Pharma, the answer is simple — its otherwise...

Kamala Harris Channels Dirty Harry

Townhall First came the self-revelation that Vice President Kamala Harris “Owns a Handgun” as blared in a New York Times headline last month. Next, in no less a substantive forum than an interview with Oprah Winfrey, Ms. Harris startled the liberal media by declaring that she would shoot anyone daring to break into her house. Coyly claiming that she “probably should not have said” she would actually shoot an intruder, Harris then took advantage of the moment to assert that her gun ownership and her avowed willingness to use it in defense of home and family, was absolute proof that claims she is anti-firearms are nothing other than a vile, Trump-created canard. While Kamala’s “Dirty Harry” act may have pulled the wool over the liberal media’s eyes, the fact remains that both Kamala Harris and her running mate, Minnesota Gov. Tim — “Tiananmen Square” — Walz, have a demonstrable history of favoring anti-Second Amendment policies that belie their professed, late-night conversion to gun advocacy. The New York Times may swoon over Harris’ new platform of “Freedom” as reflected in her tough rhetoric on gun ownership and protecting her home – already tightly guarded by numerous firearms-wielding Secret Service agents – with a Glock handgun, but “freedom” is not reflected in any of the following policies advocated by the Democrat Party’s current standard-bearers: As San Francisco District Attorney, Harris signed onto a legal brief asserting that the Second Amendment does not guarantee an individual right to keep and bear arms, but only a collective right. The U.S. Supreme Court, in its 2008 Heller decision, correctly found otherwise – that the Second Amendment does indeed guarantee an individual’s right...

The Congressional ‘Rum Cover-Over’ Is Crony Capitalism At Its Worst

Daily Caller The year was 1917 — the Panama Canal had been opened a mere three years, the United States entered World War I in April and the Jones Act granted American citizenship to the citizens of Puerto Rico in March. 1917 was also the year that the U.S. Congress passed the little-noticed “Rum Cover-Over” as a way to help the new island Commonwealth of Puerto Rico develop much-needed infrastructure by transferring back to Puerto Rico federal excise taxes on rum produced there. We are now 117 years later, and what was designed as a temporary tax rebate to help the newly acquired and at the time largely undeveloped island of Puerto Rico get on its feet following the Spanish-American War, is still with us; illustrating the adage that “temporary” tax measures are rarely, if ever, truly temporary.   In fact, the rum tax “cover over” was broadened in 1954 to include the U.S. Virgin Islands, to help fund infrastructure projects on those islands. These tax rebate projects in recent years do little, if anything, to assist either Puerto Rico or the U.S. Virgin Islands build schools, roads or power plants. What the revenue measures have done, is to greatly benefit private distilleries, including Diageo and Bacardi, that produce rum in these Caribbean locales, including by subsidizing major expansion of such facilities. Don’t get me wrong, I enjoy a good rum drink from time to time, but where is the economic justification in this year 2024, for the governments of Puerto Rico and the U.S. Virgin Islands to be benefitting from federal excise tax refunds that can total hundreds of millions...

Why Is ‘Project 2025’ So Vilified by Both Political Parties?

Townhall “Project 2025.” It was mentioned during last night’s debate between former President Trump and Vice President Kamala Harris, just as it has repeatedly come up over the course of this year’s remarkably unusual presidential campaign. True to form, it was criticized by Harris and disavowed by Trump. Much has been written about Project 2025, which is detailed in a 887-page book – Mandate for Leadership, The Conservative Promise — published last year by the Heritage Foundation, a Washington-based, conservative think tank, as a guide for a hoped-for conservative-oriented presidency to follow that of President Biden. The programs outlined in Project 2025 are neither new nor ground-breaking, and follow similar volumes issued by Heritage in the lead-up to presidential elections since the first edition was published in 1981.  As noted by its authors, it is a “governing agenda” designed as a roadmap for a conservative president to implement where possible and advocate when necessary, for changes in an administration and in the individuals who will populate it, in order to reduce the size, scope, and power of the federal government. In no other election, going back to those in the 1980s, has this election-year project become a central and recurring target by the Democrat nominee and the Party itself. Why this year? On the broadest level, one could attribute Project 2025’s prominence this cycle to the basic parameters according to which virtually everything relating to national politics and to candidates and office holders, is subject to virulent objection by whichever side or individual disagrees with all or a portion of whatever is being put forward. Thus, insofar as Project 2025 describes a conservative...

Kamala Harris And Tim Walz Really Don’t Like The Second Amendment

Daily Caller The first ten amendments to our Constitution are known as the “Bill of Rights” for a reason — within it are denoted numerous “rights” that belong to individuals and which are guaranteed as such against government limitation. Any American elected official who fails to grasp this foundational principle, or who understands it but refuses to accept it, is undeserving of holding public office. Take, for example, Kamala Harris. Our current vice president, the Democrat Party nominee for president, is on record positing that one of those fundamental individual liberties expressly guaranteed against government intrusion, does not actually protect an individual right after all. So much for the clear language and history underpinning the Bill of Rights. Not surprising, the context in which Harris has taken such a posture openly antithetical to the very principle on which the Bill of Rights was ratified in 1791 is the Second Amendment guaranteeing the right to keep and bear arms. She proudly lent her name as the then-district attorney for San Francisco, to a legal brief opposing what turned out to be the seminal 2008 Heller decision that declared expressly that the Second Amendment does in fact protect an individual right to possess a firearm. Harris’ stance set forth in that legal brief tells us all we need to know about her disdain for the Second Amendment. In the years since Heller, Harris has continued to support all manner of government restrictions on possession of firearms by law-abiding citizens, including among other measures, confiscatory bans on the country’s most popular rifle the AR-15, lauding Australia’s draconian gun confiscation program and most recently, criticizing the Supreme Court’s Cargill decision in June that stopped the ATF...