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How much does the profit motive affect how the current ebola outbreak is being handled?
According to CNN, drug companies stand to profit.
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Here are some examples of those who might profit from Ebola’s continued spread, more than six months into the deadliest outbreak in history.
Drug manufacturers
The most striking monetary effect of the CDC’s announcement was encapsulated in this headline from USA Today: “Ebola stocks soar after infection hits U.S.”
Yes, the makers of experimental drugs that have a shot at becoming the first confirmed Ebola treatment fared well in the markets after the Ebola-in-the-U.S. news broke.
“The first confirmed Ebola case in the U.S. is fanning fears around the country, but it’s also driving greed in some corners of the stock market,”CNNMoney said. MPREHERE
Greed in the stock market? Surely you jest!
Thomas Eric Duncan’s fiancée and others first exposed to him after he was symptomatic have officially been declared Ebola-free, but that isn’t stopping our irresponsible media from going overboard and into panic mode over it, particularly the politics of it.
Frank Bruni sent my blood pressure into outer space yesterday with his op-ed blaming Obama for all things Ebola in the United States. It’s all Obama’s fault because, well, just because.
Never mind that private, for-profit hospital who ignored CDC protocols with regard to Ebola. The one that sent Mr. Duncan home with antibiotics for a deadly viral infection. Never mind that, because it’s easier for lazy people like Bruni to blame Obama, and by extension, all Democrats everywhere.
This is why we cannot have nice things. We have no surgeon general, but that’s of no moment because the whiny ass Republicans bleated for an Ebola czar and now that they have one, they’re criticizing the president for not appointing a doctor.
Look over there and you’ll miss the forest for the trees! Also, on November 5th there will be little talk, if any, about Ebola. I guarantee it. Just like there’s no talk about the “border crisis” or the IRS or even Benghazi!.
If there is something to fear about Ebola, it’s how private hospitals are dealing with it. A TPM reader paints a terrifying picture:
I have a perspective tying together today’s big news brouhahas. My wife is an ER nurse at a major urban hospital owned by the Hospital Corporation of America, the hospital chain once run by Rick Scott. It’s the largest for-profit medical system in the world, and is of course also notable for its ‘creative billing’ practices in the largest Medicare fraud settlement in history. Scott was booted from the CEO position following that fraud investigation, so he’s not directly responsible for current conditions in those hospitals.