Monday, October 31, 2005

Trick or Treat?

"The prospect of a bird flu outbreak may be panicking people around the globe," Fortune magazine reports, "but it's proving to be very good news for Defense Secretary Donald Rumsfeld and other politically connected investors in Gilead Sciences, the California biotech company that owns the rights to Tamiflu, the influenza remedy that's now the most-sought after drug in the world." Rumsfeld served as the chairman of Gilead Research from 1997 until he joined the Bush administration in 2001, "and he still holds a Gilead stake valued at between $5 million and $25 million." Though the Pentagon announced this weekend that Rumsfeld would recuse himself from future decisions regarding avian flu medications, in July, "the Pentagon ordered $58 million worth of the treatment for U.S. troops around the world."

Sounds like a big 'ole trick to me. Is there really anyone left out there who trusts this government?

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