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This can’t be a good sign.
The Bill and Melinda Gates Foundation, the world’s largest private philanthropy fund, sold off almost all of its pharmaceutical, biotechnology and health-care investments in the quarter ended June 30, according to a regulatory filing published Friday.
The Seattle-based charity endowment, set up by Microsoft Corp. founder Bill Gates and his wife, sold its total holding of 2.5 million shares in health-care giant Johnson & Johnson in the quarter, according to the filing.
The foundation also sold millions of shares in major drug makers, including 14.9 million shares in Schering-Plough Corp., almost 1 million shares in Eli Lilly & Co., 8.1 million shares in Merck & Co. and 3.7 million shares in Wyeth, over the same time period. The foundation no longer holds shares in any of those companies.
[...]
The foundation’s decision to drastically reduce its exposure to health-related stocks is striking, as many of its charity grants have been disbursed to address developing country health issues. Its move comes against the background of anxiety among drugmakers and healthcare insurance firms about the potential impact of the Obama administration’s proposed overhaul of the U.S. healthcare system, which could put pressure on prescription drug prices.
the naivety of some in here is amazing.
Given the amount of leaks (and investigations) coming from every aspect of industry including government..
i’d hedge that very soon, that the huge conflicts of interest in the hiring of ex-pharmaceutical industry employees to all levels of the FDA, which in turn has allowed all sorts of “unethical” research-behaviour and drugs into the marketplace, is going to bear some very rotten fruit.
to wit, i’m sure higher-ups on the inside (and those not blinded by ideology) can plainly see the illogical response to the current H1N1 fiasco coupled with huge military buildup on U.S. soil being prepped to “assist” the HHS in all but guaranteed “Swine flu vaccine riots” expected this October.
-add to that, odds are that the military will use the some 100,000 foreigners and all manner of felons that are now allowed to be recruited into the army for U.S. soil operations. -this will greatly increase the odds of troops following orders that will undoubtedly include harming U.S. Citizens of riots and the like break out.
The health care industry will be inundated this fall/winter, one way or another either through flu infections, vaccine or riot casualties.
there is just too much [comprised] government activity going on for a cluster fk not to happen.
As a prequel to all this, we may see an early ball get rolling with huge economic turmoil on or after august 26th when the FDIC second quarter report comes out on the 25th. It is expected to reveal up to 1000 banks are expected to fail..
-you may want to take a few months worth of cash [now] out just in case a bank holiday is declared..
me loving a flare for the dramatic, expect some sort of “distraction” to surface next weekend to possibly bury the FDIC report..
[maybe the disinformation that the Russian Arctic Sea -the ship that vanished recently, was carrying 3 Sunburn nuclear tipped anti-ship missiles recovered from a lost sub, (which of course were hijacked off the Arctic Sea) -will have some roll to play??
(-distraction #2 -an odd tropical depression about 250mi off puerto rico due here in about a week if it’s nurtured “just right”)
::whew::
-talk about a vivid imagination, eh?
what was that quote by Mark Twain..?
“Truth is stranger than fiction, but it is because Fiction is obliged to stick to possibilities; Truth isn’t.”
-s
-oh and in keeping with my electrical rants of late..
-given that you will see more and more news blurbs about breakthrough technologies based on electromagnetics, (like invisibility) and eventually, people will figure out that all of reality and Life can be manipulated electromagnetically..
I’m expecting before 2012, the decades old fact that your health can be restored to 100% via time-varying electromagnetic fields will become common knowledge, -along with the fact that you can build the devices for under $100.
-it would be prudent to dump any stocks in health care and BigPharma
ASAP.
-s
Soundwash, I’m guessing you want to be taken seriously? Which of your electromagnetic circuits has gone awry?
Here is a universal formula for stupid:
All things are controlled by X.
You fill in the X. God, The Will, Pure Blood, Good Intentions, Electromagnetics.
We all know a good crap fixes everything.
I go with #1. Way to much uncertainty.
I watched a Fox panel today that had the guy in charge of putting together the Senate’s by partisan panel that is writing the Senate version of the health care bill as a guest. He seemed astute and I think they are doing a good job. He’s taking his time, listening to feed back, and waiting till he gets cost estimates before adding parts. So far they are coming in under budget at least on paper.
When asked about Obama’s health care plan the guy said Obama doesn’t have a health care plan. The Senate has a health care plan. The House has the Nancy Palousie plan and a few other plans are floatling around.
I think that pretty much sums up why Obama is having so much trouble selling his health care plan to to the public.
That and the fact that the Nancy Palousie plan as first presented and even as it still is contains provisions that make a lot of independents and Democrats freak out. Nancy may have enough votes to ram it through anyway but if they do I think a lot of House members won’t be back. You don’t cross your voters.
bobbo, your ignorance and arrogance never seizes to amaze me.
you know nothing about what i’m talking about, yet you speak as if your a peer reviewed authority on the subject..
the reason why you’ve never heard of this aspect of medicine or biology is because it has been kept under heavy lock and key, especially here in the states.
magnetic stimulation of tissue has been known since 1896.
take a look through this Google Scholar search result. -hundreds of university research papers study all aspects of this field.
http://scholar.google.com/scholar?start=80&q=%22time+varying+magnetic+field%22&hl=en
-you do remember that these papers get published because someone is funding them, yes?
-and that typically, in this fine, Capitalist society, its a safe bet that at least half of those studies are done because there is a strong profit motive to do so, yes?
still think this is *stupid* or
pie in the sky thinking?
perhaps even your feeble, tiny mind can grasp the fact that every atom in the universe functions because of the electrical relationship between the protons and neutrons in its nucleus and the electron(s) orbiting
them. -and that the electrons are bound to the nucleus electromagnetically -and those same electrons determine the chemical properties of an element, as well as strongly influence an atom’s magnetic properties.
KEY WORD here is magnetic.. -yes, its that simple.
tune or resonate an electromagnetic field [pulse] properly and you can manipulate the atoms of *anything* quite easily.
take a look at how a mass spectrometer works for another angle.
also..where ever there is an electrical current, you’ll find a magnetic field.. whenever you have two magnetic fields interacting, a current will be produced.
can you see how stupid simple this stuff is?
when “pulsing” living cells(your body), think of the magnetic pulse coil as the primary coil and your body as the secondary coil.
pulse the primary coil and a current is *induced* (see: Induction) in the secondary coil(your cells or body, –cells of your body)
Capeche?
-see, its friggen eighth grade science!
stupid simple..get it, stupid?
-s
(extra credit: look up how electric potentials effect cell biology and health.)
Ha! Gates talked about helping the world fight disease. But appears his foundation was just another investment front. And as soon as the profits of pharms was the slightest bit at risk, he bails on ALL of them. Before he stands to lose a dime. Or perhaps this world wide H1N1 virus threatens to cost him, rather than make him money.
Of course I could be wrong, and Gates is sending a message to these drug makers and health care firms, that as long as they block reforms, he’s no longer going to invest in them, in good conscience.
I hate to nit-pick (oh, who am I kidding — I LOVE it!) but the interactions between protons and neutrons are governed by the strong force. The neutron, being electrically neutral (thus the name) doesn’t feel the electromagnetic force. The rest is okay, though.
I’ll say!
health benefits offered by morning walk
The secret of longevity for a major section of people who are ‘ octogenarians ‘ – That is People who are in their eighties would be morning walk which was done for decades. People have nowadays gradually started realizing the importance of morning walk in shaping the health of human body. But still there are umpteen number of people who do not unwind themselves from their mechanical lives. Technological advancements have made life more simpler in all respects but we humans must also pay the price for it if we do not allocate time in our hectic schedule for some physical work like walking or visiting Gym’s. Around fifteen years ago, TV remotes were rarely found in houses and hence we used to walk at least for changing channels. But now ? Sitting hours together in front of the idiot box, continuously feeding the stomach with snacks or sweets, leading to obesity. If you question a doctor on the health benefits offered by walking he would give you a long lecture. Let us see some of the benefits.
1) It is a stress buster which instills a feeling of freshness to the body as well as mind.
2) blood circulation is promoted, reducing greatly the chances of high blood pressure.
3) Checks obesity by burning unnecessary calories of fat in the body.
4) It makes the joints more strong and hence people would be less susceptible to Orthopedic troubles associated with old age.
5) Chases away neck pain and back pains.
6) If you go walk in a park surrounded by trees, you will inhale more fresh air, containing higher concentration of oxygen, thereby bringing down breathing problems too.
7) Keeps sugar levels under control.
http://nupek.com/health/health-benefits-offered-by-morning-walk/
#9 If the greediest people in the world are bailing out of the health care business because they’re afraid the insane profits are about to revert to normal, everyday-type-business profits, that’s a good sign for everyone else, isn’t it?
This bears repeating. For years now insurance companies have been running with essentially no competition — you are locked into whatever insurance company your employer provides. Big Pharma has enough clout that they get laws passed that prevent any governmental agency from bargaining with them to get lower prices on large quantities.
If any of this gets affected by health care reform, their huge profits (made from sabotaging the free market) will become merely large.