Tuesday, November 17, 2009

Big Pharma Pud Sucking Doesn't Always Involve Drugs. It Does, However, Almost Always Involve Money And Screwing People.

In the land of the free and the home of the brave my friends, you can be forced to sell your property to the government at any time. You may be surprised to hear this, but it's right in the constitution to which every elected official and member of the armed services of this country swears allegiance. Don't worry though, the Bill of Rights protects you by limiting this power to the confiscation of property "for public use." You know, like an airport, a highway right of way, or research facility for Pfizer, the multinational drug company.

Some of you may have just read that and be saying to yourselves, "Uh, hold on there Drugmonkey, one of those things is not like the other. I don't see how building something for Pfizer would constitute a public purpose"

To which I would say you are obviously not a member of the decision making class of New London Connecticut, a city which in the 1990's decided to bulldoze one of its neighborhoods in order to lure Pfizer to town. They also gave Pfizer a 10 year tax abatement.

"Not to worry" said the residents of the neighborhood. "We have the 5th Amendment to protect us. We'll just get a lawyer and take care of this"

So they got a lawyer. And started a fight with general principles of human decency and the U.S. Constitution on one side, and giant corporate interests and billions of dollars of profit on the other. Do I really need to tell you who won? In one of its most notorious decisions in recent history, the Supreme Court ruled 5 to 4 in 2005 that sucking Pfizer's corporate dick did indeed constitute a public purpose. The neighborhood was bulldozed. Let freedom ring.

Before I get to the olive in the martini of this story, let's have a quick word from Pfizer:

Pfizer fully supports the principles in United Nations Declaration on Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work, and strives to uphold human rights in all our business activities.

I didn't make that up. I cut and pasted it right from their website.

OK now, where was I? The part where Pfizer came into the bulldozed neighborhood, built their research park, and created thousands of good paying jobs for the people of New London? Let's see how that turned out:

Eight years after opening its state-of-the-art global research-and-development headquarters in New London, Pfizer Inc. announced Monday it will close the nearly $300 million complex within the next two years and consolidate local operations into its Groton campus.

So they'll be padlocking the door right as that tax abatement expires. Funny how that worked out.

"It's very unfortunate what's happened here." said Pfizer CEO Jeffrey Kindler. "Sadly, the economic climate just wasn't conducive to us actually paying property tax to the community that was willing to throw people out of their homes in order to give us some prime waterfront office space. I want to announce today though, that Pfizer will be doing the right thing by those we made homeless. In keeping with our commitment to human rights, we will be spending $5.8 million dollars over the next 5 years to reconstruct new houses for all those we displaced."

"BBBWWWWAAAAHHHHHHAAAAHHHHAAAAHHAAAAAAA!!!!!!!!!" He then added. "Had you there for a second, didn't I?" Human rights, oh yeah....we totally support human rights, right up to the point where it's gonna cost us something."

You know I made that quote up. What I'm not making up is the fact that Pfizer's stock price jumped 3 percent the day they announced they were fucking the town of New London, or that their 2008 profit worked out to $22 million dollars a day.

Enjoy your freedom.

6 comments:

Anonymous said...

I got lost in a cross-country trip from the 'midwest' (technically the mideast in the land of corn) to New Hampshire once and ended up in the Pfizer neighborhood. I was pressed for time to get back to work and it took 2+ hours to find the highway again homeward. The area seemed pretty toney; swell townhouses, new trees, cul de sacs, turnabouts, and meandering neighborhoods. Even the people were friendly and open to telling travelers how to get back on the highway, joggers, retired gentleman walking dogs, even folks stopped at intersections, only too eager to tell us how to 'get back to Kansas'.

New London is old American. Bet whoever had been living on the family inheritance from 200+ years ago was upset. (But, that's why we celebrate Columbus Day and Thanksgiving.)

Guess it doesn't take too much to override the Constitutional limits as in our capitalism 'the business of the US is business' with a businessman for president.

was1 said...

volkswagen did the same thing in rural western pennsylvania. when they were supposed to start paying taxes, they hit the road.

by the way, the government that allowed this to happen is the same government that we want to run (control) our health care. scary.

DrugMonkey, Master of Pharmacy said...

What? There are people who want the New London City Council to control the health care system? That's fucked up. I doubt a city counsel has much health care expertise.

I'd much rather have the people who run the health insurance plan with the lowest percentage of administrative costs and highest patient satisfaction to run the health care system.

Look up what plan that is WAS, and get back to me.

Unknown said...

This is why I am absolutely against subsidies, abatements, tax incentives, etc. They are a form of corporate welfare to enrich the already rich at the loss of the local, poorer people. The sad thing is local governments compete to have the largest subsidy to lure a business to them. It is like bidding for a crack whore who is a lousy lay and will just steal your wallet in the morning!! I say if the company can't survive without the money from the local yokels, then they shouldn't be in business. I mean, big business always talks big and bad about free markets and capitalism, but only when it suits them, otherwise, they are just as worthless/pathetic as any welfare queen. We had a similar issue in Toledo in the 90's when Chrysler wanted some land a local, successful company operated on. It went to the US Supreme Court and they favored with Chrysler. Must be all those junkets court members go on sponsored by big business (of course, you are not supposed to be able to buy off a court justice as they have life-long terms...). For more blood boiling info on this matter look at Cabela's vs. Gander Mountain, or the book "Free Lunch: How the Wealthiest Americans...". BTW, if you read the book you will hate professional sports, so don't read it if you love your sports. But, if you don't like Bush 2, then read it so you know he was just as despicable in his Texas governor days. So, it is, unfortunately, not just a drug company thing, it is a big business thing.

EAST said...

This is exactly why when I build my house I am going to use so much rebar and concrete Hitler will look like a half-assed woose.

Anonymous said...

People had their homes condemned so that Six Flags could build an amusement park, too. Never heard what came of that, but the park wasn't built.