View Full Version : 11 th Conviction In Abramoff Scandal... Rep. Aide
Gayle in MD
04-25-2007, 06:37 AM
And more to come. Someone here asked recently how many Republican Convictions...this is just one of the cases under investigation by the DOJ, and 11 have already gone down, with more to come.
Wonder how many Rep a$$es were saved by firing the DoJ attorneys?
Q....................Martha went to jail - a billionare- for supposedly saving herself $45,000! GW sold his shares less than 3 months before the share price dropped 75%.
Remember the big scare about the bird flu pandemic?
Did you know this..........................
[ QUOTE ]
Donald Rumsfeld makes $5m killing on bird flu drug
By Geoffrey Lean and Jonathan Owen
Published: 12 March 2006
Donald Rumsfeld has made a killing out of bird flu. The US Defence Secretary has made more than $5m (£2.9m) in capital gains from selling shares in the biotechnology firm that discovered and developed Tamiflu, the drug being bought in massive amounts by Governments to treat a possible human pandemic of the disease.
More than 60 countries have so far ordered large stocks of the antiviral medication - the only oral medicine believed to be effective against the deadly H5N1 strain of the disease - to try to protect their people. The United Nations estimates that a pandemic could kill 150 million people worldwide.
Britain is about halfway through receiving an order of 14.6 million courses of the drug, which the Government hopes will avert some of the 700,000 deaths that might be expected. Tamiflu does not cure the disease, but if taken soon after symptoms appear it can reduce its severity.<font color="blue"> Its not even a cure. It might work or it might not! You might as well consult a witchdoctor!
I don't mean to be calous but 700,000 deaths? The common influenza kills many more that that. Malaria kills MILLIONS every year. McDonalds sends more people to an early death than that, by a long shot. Whats the panic?</font color>
The drug was developed by a Californian biotech company, Gilead Sciences. It is now made and sold by the giant chemical company Roche, which pays it a royalty on every tablet sold, currently about a fifth of its price.
Mr Rumsfeld was on the board of Gilead from 1988 to 2001, and was its chairman from 1997. He then left to join the Bush administration, but retained a huge shareholding .
The firm made a loss in 2003, the year before concern about bird flu started. Then revenues from Tamiflu almost quadrupled, to $44.6m, helping put the company well into the black. Sales almost quadrupled again, to $161.6m last year. During this time the share price trebled.
Mr Rumsfeld sold some of his Gilead shares in 2004 reaping - according to the financial disclosure report he is required to make each year - capital gains of more than $5m. The report showed that he still had up to $25m-worth of shares at the end of 2004, and at least one analyst believes his stake has grown well beyond that figure, as the share price has soared. Further details are not likely to become known, however, until Mr Rumsfeld makes his next disclosure in May.<font color="blue"> Can,t wait! </font color>
The 2005 report showed that, in all, he owned shares worth up to $95.9m, from which he got an income of up to $13m, owned land worth up to $17m, and made $1m from renting it out.
He also had illiquid investments worth up to $8.1m, including in partnerships investing in biotechnology, issuing reproductions of paintings, and operating art galleries in New Mexico and Wyoming. He also has life insurance with a surrender value of up to $5m, and received up to $1m from the DHR Foundation, in which he has assets worth up to $25m, and $773,743 from the Donald H Rumsfeld Trust, in which he has assets of up to $50m. <hr /></blockquote>
Mmmmmmmmmmm....................... Something smells.........its the same MO.
A chicken dies in Cambodia and the Govt/UN orders a zillion doses of toxic sludge from Rummy's company.
Someone sends a few letters thru the post with anthrax from US installations and the Govt orders a zillion doses of toxic sludge- that no-one in their right mind would ever take!
Iraq has been shown to be the same- an imaginary threat. <font color="blue"> </font color>
Gayle in MD
04-26-2007, 07:27 AM
If people understood the reality behind the war in Iraq, Republican legislation on Pharmeceuticals, the destruction of Environmental safegaurds, the safety of our food, the Corporate thrust for cheap labor through ignoring our immigration laws, then they would begin to grasp the devastation to all of us, resulting from connections between the Republican Party, and the Corporate fascist wealthy, neocon chicken hawks, and their selfish corrupt goals.
When we can't protect our own borders, but instead are borrowing money from China to construct concrete barriers in Baghdad, when the safety of our food supply is in question, and Bush cuts the money for safegaurding it, when the pharmeceutical industry is allowed to escape oversight, and gouge the public, and when war is launched, and our soldier are dying, while Bush and Cheney's corporate cronies are making a fortune, and also stealing from our government, I'd say fascism is alive and well in America. Your post is a good example of how these corrupt SOB's operate, and unfortunately people have forgotten how to follow the money, and connect the dots.
Gayle in Md.
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