by Bob Barr | Oct 17, 2024 | Daily Caller Article |
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...
by Bob Barr | Oct 10, 2024 | Townhall Article |
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...
by Bob Barr | Sep 30, 2024 | Daily Caller Article |
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...
