Showing posts with label King SolomonCongress. Show all posts
Showing posts with label King SolomonCongress. Show all posts

Thursday, September 29, 2016

King Solomon, Wise Hatred? Mylan Epipen








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Is it wise to hate someone?

In a novel Excerpt, I surmised what King Solomon, based on his proverbs,  may have answered the Queen of Sheba’s questions in their biblical meeting. The novel is a contemporary application of a story form to promote understanding of proverbs and ancient wise sayings in relation to our modern times.  

Excerpt

“Then there is the man most hated in his community. That man produces grain and refuses to sell it in time of scarcity. He holds back his grain from market to take advantage of obtaining the highest price at the expense of his community without regard for the common good. His opposite sells immediately whatever grain he has. A person motivated by social responsibility instead of maximum gain wins regards and esteem from his community and blessings from his God.” A community curses one who withholds grain, but there is a blessing on the head of one who sells it. (Proverb 11:26)

What is My Point

The above proverb came to my mind as I watched a Senate Hearing Committee today interview executives of Mylan, the drug maker of EpiPen about their price surges. The company raised the list price of the allergy medication 548% over the last nine years, reigniting public outrage over drug prices

While the 3000 year old proverb refers to grain, a food need instead of a drug, the same circumstances apply in my opinion. To someone in need of this lifesaving drug to prevent death from an unexpected allergy attack, it is as critical a need as food to survive.

The firm has a patent which allows them total control of production in the USA, same as an ancient farm owner has total control over his harvest.

I listened to the CEO explain why she believes the price is justified and as a result, her pay increased from two million dollars a year to eighteen million dollars a year which she then stated is an average half way salary amount of compensation for a CEO drug manufacturer.

Then I thought about how typical family medical deductions increased after Obamacare from $250 a year to $4500 a year. Then I thought about another Proverb which I compares in my mind to be a perfect description of the two hands or appendages of this CEO.

The leech has two daughters, Give, Give (Proverb 30:15)s

Christians

Are taught to love their enemies.  However, I do not consider the CEO zx an enemy. I compare her actions, in my opinion, to be similar to  a leech. 

You decide if King Solomon’s proverb implies that it is wise or foolish to curse and hate someone who withholds grain from their community, until they Get, Get.

Source Links

http://www.wsj.com/livecoverage/mylan-epipen-congress-hearing

http://amazon.com/gp/search?field-author=rudy+martinka&index=books

Wednesday, August 31, 2016

King Solomon, Donald Trump, Warren Buffet, Fair Trade Post Ten

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Why did Warren Buffet warn about the harmful effects of unbalanced trade?

In my previous post I stated I will explore the remedy proposed by Warren Buffet which was proposed to Congress in 2003. If Congress would have listened, approximately six trillion dollars would have remained in the USA.
King Solomon
The crown of wise men is their wealth, but the wreath of fools is their folly. (Proverb 14-24)
The proverb means that a righteous man’s wealth is a fitting wreath of adornment as a testament of his wisdom, whereas a fool wears a wreath of debt as a testament of his folly.
(In my opinion, Buffet wears a wreath of wealth and Congress wears a wreath of folly.)
Warren Buffet
I do not personally know him, but what I have read about him leads me to believe a righteous man of character who is more than capable to provide wise sound advice and counsel about economic matters based on reality rather than proven wrong failed theories.
If you are interested, check out this post which explains an overview of his remedy to balance trade HERE
Wishful Thinking and Thumb Sucking Theories
How much more proof is needed for thy Congress that the free trade economic theories they subscibed to approve trade agreements have decimated US manufacturing to outsourcing, reduced livable wages for many US workers, reduced job opportunities, restricted US dollars for investment, reduced tax revenues, and increased National Debt? In other words, the theories appeared good in theory but not in practice.
Warren Buffet stated this and I concur.
“Perhaps there are other solutions that make more sense than mine. However, wishful thinking–and its usual companion, thumb sucking–is not among them. From what I now see, action to halt the rapid outflow of our national wealth is called for, and ICs seem the least painful and most certain way to get the job done.”
In My Next Post
I will explore another proven failed theory that is being proposed by both Donald Trump and Ted Cruz to boost exports. I will explain why, in my opinion, it will not work…..again.
Regards and goodwill blogging.
Previous Posts
Post One HERE
Post Two HERE
Post Three HERE
 Post Four HERE
Post Five HERE
Post Six HERE
Post Seven HERE
Post Eight HERE
Post Nine HERE