Trump’s new executive order on drug pricing breaks promises to Americans, supports Big Pharma instead.
The New York Times reports that the Trump White House is about to put out an executive order on drug pricing, and it looks as if the whole thing were basically written by big pharma.
In other words, America, we’ve just been sold out on the price of drugs.
This toothless order is the result of asking some of the richest CEOs in America what to do about a problem they don’t want to solve. And it settles something about the Trump administration. If you were hoping that the populist Trump from the campaign trail would keep some of the promises he made to his base, you can stop now. More from Business Insider here.
Trump’s claim he’s worth more than $10 billion is a fraud. Bloomberg reports a paltry $2.9 billion.
When Donald Trump was running for president, absent any government experience, one of the arguments he liked to make for his candidacy was that he is very rich. “I’ve made billions of billions of dollars,” he said in his opening statement during a G.O.P. debate. “I made a lot of money in Atlantic City,” he tweeted last summer, despite his casinos declaring bankruptcy. “I have tremendous income,” he said during a debate with Hillary Clinton, though he has refused to release his tax returns.
“And the reason I say that is not a braggadocious way. It’s because it’s about time that this country had somebody running it that has an idea about money.”
Vanity Fair uncovers the disparity of Trump’s stated wealth and reality here.
Trump’s claim last July 2015 he’s worth more than $10 billion is a fraud yet Bloomberg reports a paltry $2.9 billion. Read more from CNBC here.
Congressional Black Caucus calls out Omarosa Manigault for use of title “Honorable” in connection with Trump invitation.
“As requested by the president, we would like to schedule a follow-up meeting with the entire membership of the Congressional Black Caucus to discuss issues pertinent to your members,” Manigault wrote in the invitation, obtained by POLITICO.
But multiple CBC members said they were put off that she signed the invitation as “the Honorable Omarosa Manigault,” saying she hasn’t earned that title nor has she helped raise the profile of CBC issues within the White House as promised. More from Politico here.
CIA Director Mike Pompeo continued to brief NSA Director Michael Flynn with full knowledge of FBI investigation!
Pompeo still briefed Flynn on secrets as CIA knew concerns. Jeremy Bash, former CIA chief of staff, talks with Rachel Maddow about a new New York Times report that while the CIA knew about the concerns about Mike Flynn, CIA Director Mike Pompeo continued to deliver briefings on U.S. secrets with Flynn present. MSNBC has more here.
Why you should care about White House Press briefings and the apparent shutdown of transparency in the Trump administration.
Inch by inch by inch, the Trump administration is rolling back press access, which means less information for the public.
And lack of accessibility is only half the problem. Lack of accuracy in official statements is a big issue too.
CNN’s senior White House correspondent Jim Acosta was channeling other reporters on Monday when he threw this hands up in the air and said the administration is “stonewalling.”
More from CNN Money here.
Watch Jim Acosta reporting on this event here.
How to Resist Trump’s Shock Doctrine. By Naomi Klein
“I noticed a brutal and recurring tactic by right wing governments. After a shocking event – a war, coup, terrorist attack, market crash or natural disaster – exploit the public’s disorientation. Suspend democracy. Push through radical “free market” policies that enrich the 1 percent at the expense of the poor and middle class.
The administration is creating chaos. Daily. Of course many of the scandals are the result of the president’s ignorance and blunders – not some nefarious strategy.
But there is also no doubt that some savvy people around Trump are using the daily shocks as cover to advance wildly pro-corporate policies that bear little resemblance to what Trump pledged on the campaign trail.
And the worst part? This is likely just the warm up.”
You must watch it here now.
Trump is already showing signs of trampolining on the Constitution. He wants to limit freedoms of the press and open up libel suits. By most accounts in his final White House briefing, press secretary Sean Spicer gave a briefing with the White House requirement that there be no audio or video recordings. At this point, one must ask where is the Trump administration headed when it now begins to insist that there be no recording of its official statements during press briefings.
Buy the Shock Doctrine: The Rise of Disaster Capitalism
Trump’s DOJ switches sides and reverses course in Supreme Court labor case.
The case, NLRB v. Murphy Oil, addresses whether an employment contract that requires the employee to waive his or her right to bring a class-action lawsuit against the employer violates the National Labor Relations Act.
Last year, the Obama DOJ weighed in on the side of the National Labor Relations Board, which had ruled that such arbitration agreements violated federal labor law. Now DOJ will weigh in on the side of Murphy Oil, which argued that they do not. More from Politico here.