The latest wikileaks of the TPPA highlight how it will damage Pharmac and why YOUR (yes you dear reader) why YOUR medicines will become more expensive.
While the country looks adoringly at John Key, I wonder how they will feel when they are forced to open their wallets and pay more for basic medicines.
Most National voters are property speculating their fellow Kiwis out of home ownership in Auckland, so I suspect they’ll just laugh at the extra cost to medicines, the Gen X, Gen Y, beneficiaries and the working poor however are about to get another kick in the guts courtesy of Key handing economic sovereignty over to Corporate America.
Let me explain in very simple language how the TPPA will force YOUR medicines up. The new transparency clauses mean Pharmac has to open up the cost decisions they make to the US Pharmaceutical Industry, so if Pharmac decide to buy a medicine because it’s cheap and is good use of taxpayer dollars, the US Pharmaceutical Industry under these new rules can challenge Pharmac’s decision to buy that cheaper medicine and not their more expensive version to force Pharmac to include the legal costs of them taking Pharmac to the TPPA disputes into their decision making.
So, it’s a bloody shake down. US Pharmaceutical’s threaten Pharmac with legal disputes every time Pharamc doesn’t buy their expensive version of the drug and Pharmac then have to take those legal costs into consideration when buying the medicines.
End result? We will get bullied by US Pharmaceutical interests into buying their expensive versions of medicines meaning you and I pay more for our medicines.
How the sleepy hobbits of Nu Zilind have fallen for all of this is anyone’s guess.
We get NOTHING out of this bloody deal, we simply hand our economic sovereignty over to US Corporate interests. Since when were NZers so spineless?