I have zero problem with individuals and companies making profits. However, I do have a substantial problem with corporations who influence our representatives to protect themselves against claims of fraud and injury when their products are clearly injuring and killing people, and this is why I have a problem with Pfizer, BioNTech and Moderna, along with other manufacturers of the experimental COVID shot and other dangerous pharmaceuticals. Yet, combined, Pfizer, BioNTech and Moderna are profiting at least $1,000 every single second of the day while those receiving their “safe and effective” products are either succumbing to adverse effects or death.
OxFam International reported in November of 2021:
Demand grows for firms to share vaccine recipes and technology as billionaire pharma bosses convene for ‘Big Pharma Davos’
New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID-19 vaccines —Pfizer, BioNTech and Moderna— are making combined profits of $65,000 every minute. The figures based on the latest company reports are released as CEOs from pharmaceutical industry meet for the annual STAT summit —the equivalent of a ‘Big Pharma Davos’— from 16-18 November.
These companies have sold the majority of doses to rich countries, leaving low-income countries out in the cold. Pfizer and BioNTech have delivered less than one percent of their total vaccine supplies to low-income countries, while Moderna has delivered just 0.2 percent. Meanwhile 98 percent of people in low income countries have not been fully vaccinated.
Maaza Seyoum of the African Alliance and People’s Vaccine Alliance Africa said: “It is obscene that just a few companies are making millions of dollars in profit every single hour, while just two percent of people in low-income countries have been fully vaccinated against coronavirus.
“Pfizer, BioNTech and Moderna have used their monopolies to prioritise the most profitable contracts with the richest governments, leaving low income countries out in the cold.”
Despite receiving public funding of over $8 billion, the three corporations have refused calls to urgently transfer vaccine technology and know-how with capable producers in low- and middle-income countries via the World Health Organisation (WHO), a move that could increase global supply, drive down prices and save millions of lives. In Moderna’s case, this is despite explicit pressure from the White House and requests from the WHO that the company collaborate in and help accelerate its plan to replicate the Moderna vaccine for wider production at its mRNA hub in South Africa.
While Albert Bourla, the CEO of Pfizer, described the call to share vaccine recipes ‘dangerous nonsense,’ the WHO emergency use approval of the Indian vaccine Covaxin earlier this month is clear evidence that developing countries have the capacity and expertise.
Anna Marriott, Oxfam’s Health Policy Manager said: “Contrary to what Pfizer’s CEO says, the real nonsense is claiming the experience and expertise to develop and manufacture life-saving medicines and vaccines does not exist in developing countries. This is just a false excuse that pharmaceutical companies are hiding behind to protect their astronomical profits.
“It is also a complete failure of government to allow these companies to maintain monopoly control and artificially constrain supply in the midst of a pandemic while so many people in the world are yet to be vaccinated.”
Based on company financial statements, the Alliance estimates that Pfizer, BioNTech and Moderna will make pre-tax profits of $34 billion this year between them, which works out as over a thousand dollars a second, $65,000 a minute or $93.5 million a day. The monopolies these companies hold have produced five new billionaires during the pandemic, with a combined net wealth of $35.1 billion.
That same month and year, Fierce Pharma reported that Pfizer would become a $100 billion behemouth thanks to the CONvid drugs and shots they were producing.
And if you are still caught in the matrix of believing that only the Democratic political party is in bed with Big Pharma, consider it was President Donald Trump that pushed Operation Warp speed with our money and unconstitutionally. It was President Ronald Reagan who pushed to protect these Big Pharma crime syndicates.
But that’s not all. Just last week, Pfizer gave $1 million, just like they did for Trump inauguration, to the Kentucky GOP to expand their headquarters at the state capital, the Frankfort Mitch McConnell Building.
The Kentucky Lantern reported:
In what may be the largest political contribution ever given to a political party in Kentucky, the drug maker Pfizer Inc. gave $1 million last month to the building fund of the Republican Party of Kentucky.
A report filed by Republican Party of Kentucky Building Fund last week with the Kentucky Registry of Election Finance listed the $1 million from Pfizer along with five other big corporation contributions in the final quarter of 2022 totalling $1.65 million.
That is an extraordinarily large haul for the fund which had raised only $6,000 during the first three quarters of 2022.
The other large corporate donors to the fund in late 2022 were:
- Metropolitan Life Insurance Co., New York, $300,000;
- Altria Client Services LLC, of Richmond, VA., $100,000;
- Comcast Corp., of Philadelphia; $100,000;
- AT&T, of St. Louis; $100,000;
- Delta Air Lines, of Atlanta, $50,000.
State and federal campaign finance laws set limits on how much a person or political action committee can give to the executive committee of either political party. (A person can give no more than $15,000 per year.) And corporation contributions to a party’s executive committee are prohibited…
… The $1.65 million added to the GOP building fund would be plenty to pay for a major expansion and upgrade for the party headquarters. The Franklin County Property Valuation Administrator’s website currently lists the taxable value of the current headquarters property at $485,000. The Franklin PVA lists the taxable value of the adjacent vacant lot owned by the Republican Party at $150,000.
A sign identifies the party headquarters as the Mitch McConnell Building, in honor of U.S. Senate Minority Leader Mitch McConnell of Kentucky.
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