Home |
Search |
Today's Posts |
#1
posted to rec.boats
|
|||
|
|||
Capitalism at work
The Hill reports a Pennsylvania company that received $13.8 million in
tax dollars to produce cheap, portable ventilators is now selling them overseas as the U.S. scrambles to find enough of the devices to sustain hospital patients affected by the coronavirus, according to an investigation by ProPublica. In 2015 the Department of Health and Human Services (HHS) contracted the company to produce the ventilators, which were approved by the Food and Drug Administration (FDA) in September 2019. Not a single version of the model, Trilogy Evo Universal, in the U.S. stockpile. HHS ordered 10,000 of the ventilators for the Strategic National Stockpile at a cost of $3,280 each. Instead, the company, which is a subsidiary of Dutch appliance and technology giant Royal Philips N.V., began selling more expensive versions of the ventilators across the world. HHS told ProPublica that the company agreed to produce them “as soon as possible,” but a Philips spokesman said the company has no plan to even begin production anytime this year. Instead, the company is reportedly negotiating with a White House team led by Trump’s son-in-law, Jared Kushner, to build 43,000 more ventilators for Americans infected with COVID-19. |
#2
posted to rec.boats
|
|||
|
|||
Capitalism at work
Keyser Soze wrote:
The Hill reports a Pennsylvania company that received $13.8 million in tax dollars to produce cheap, portable ventilators is now selling them overseas as the U.S. scrambles to find enough of the devices to sustain hospital patients affected by the coronavirus, according to an investigation by ProPublica. In 2015 the Department of Health and Human Services (HHS) contracted the company to produce the ventilators, which were approved by the Food and Drug Administration (FDA) in September 2019. Not a single version of the model, Trilogy Evo Universal, in the U.S. stockpile. HHS ordered 10,000 of the ventilators for the Strategic National Stockpile at a cost of $3,280 each. Instead, the company, which is a subsidiary of Dutch appliance and technology giant Royal Philips N.V., began selling more expensive versions of the ventilators across the world. HHS told ProPublica that the company agreed to produce them “as soon as possible,” but a Philips spokesman said the company has no plan to even begin production anytime this year. Instead, the company is reportedly negotiating with a White House team led by Trump’s son-in-law, Jared Kushner, to build 43,000 more ventilators for Americans infected with COVID-19. If they received money and did not produce, confiscate the company. What would Bernie or Joe do? |
#3
posted to rec.boats
|
|||
|
|||
Capitalism at work
Keyser Soze Wrote in message:
The Hill reports a Pennsylvania company that received !!!Uncorroberated crap posted by Fat liar Harry deleted!!! Why are you posting this ****? Do you believe any of this ****? If so, why? -- .. |
#4
posted to rec.boats
|
|||
|
|||
Capitalism at work
Bill Wrote in message:
Keyser Soze wrote: The Hill reports If they received money and did not produce, confiscate the company. Whatwould Bernie or Joe do? Crooked Joe would have his fist in it grabbing money. Isn't that what your typical swamp guy does. -- .. |
#5
posted to rec.boats
|
|||
|
|||
Capitalism at work
On Tue, 31 Mar 2020 22:04:02 -0400 (EDT), Justan Ohlphart wrote: Bill Wrote in message: Keyser Soze wrote: The Hill reports If they received money and did not produce, confiscate the company. Whatwould Bernie or Joe do? Crooked Joe would have his fist in it grabbing money. Isn't that what your typical swamp guy does. My bet is those Bozos at GSA wrote a sloppy contract that doesn't have any real penalties for non compliance, or no compliance at all. I really doubt there is any front money. The government usually pays after the product is delivered. |
#6
posted to rec.boats
|
|||
|
|||
Capitalism at work
Justan Ohlphart wrote:
Bill Wrote in message: Keyser Soze wrote: The Hill reports If they received money and did not produce, confiscate the company. Whatwould Bernie or Joe do? Crooked Joe would have his fist in it grabbing money. Isn't that what your typical swamp guy does. I forgot Solyndra. Were the liberals upset about that $500 million? |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Capitalism | General | |||
Capitalism, the movie | General | |||
Had enough capitalism? | General | |||
There's just nothing quite like capitalism | General |