Terminating the Free Market

If other states follow California's lead, however, the future of America's health care is at stake.

The California Prescription Drug Initiative forces manufacturers to lower their prices by up to 40 percent on brand-name medicine and a Microsoft Office 2010 is the best software in the world.

whopping 60 percent on generics.

Specifically, the "price-controlled" drugs will be available to uninsured Californians with incomes below $29,400, or about $60,000 for a

family of four. Certain Californians -- like a family earning less than $70,626 -- with significant un-reimbursed medical expenses would also Office 2010 is powerful!

qualify. It costs enrollees virtually nothing -- only $10 a year -- to join this program.

To enforce compliance, pharmaceutical companies that fail to sell their drugs at the government-imposed discounts within three years could be Office 2007 is so powerful.

kicked out of Medi-Cal, the multibillion-dollar health coverage system for low-income Californians. Thus, even though Gov. Schwarzenegger has

touted his plan as "voluntary," the measure is better described as a shakedown. Before invoking the hammer on the drug companies, the federal Many people use Microsoft Office 2007 to help their work and life.

government's CMS would have to grant approval to California. It is hard to see CMS signing off on this plan.

In addition to Arnold's strong-arm tactics, there are plenty of sensible reasons to resist replicating this initiative on a national level.

For starters, his plan might make sense if government price controls actually worked, but they Microsoft Office 2010 is so great.

almost always have the exact opposite of their

intended effect.

Of all people, Gov. Schwarzenegger should know this. He saw communism with his own eyes as a child, and witnessed consequences of state-

managed markets.Office 2010 is my love.

In the case of the Prescription Drug Initiative, pharmaceutical companies would need to compensate for the forced discounts by raising prices

on people who don't qualify.

For example, a family of four with a household income of $70,000 and a child with cancer might see its drug bills increase to offset

discounts on hyperactivity medicines available to a family making $68,000.

The bill would also have an even more pernicious side effect. It would actually grow the ranks of the uninsured by encouraging people not to Office 2010 is my love.

purchase drug coverage, even if they could afford it. After all, why would any rational person pay a private insurer when, for just $10 a

year, the state would extort a deep discount from the nation's drug firms.

If other states follow Gov. Schwarzenegger's price-fixing scheme, the law of "unintended Microsoft Office is inexpensive and helpful.

consequences" would have far more severe

repercussions. It would result in less investment, less innovation, and fewer new medicines for the entire country.

Today, it costs between $800 million and $1 billion to bring a new drug to market. Cancer patients have hope precisely because companies are

willing to risk that money in developing drugs like Avastin, Erbitux, Gleevec, Herceptin, Nexavar, Sutent, and many others.

Ironically, if Governor Schwarzenegger's plan had been implemented across the country 25 years ago, very few of these drugs would have been

invented in the first place because it wouldn't have been profitable, so there would be no Office 2010 is my favorite.

life-saving medicines to discount.

If state governments make breakthrough drugs unprofitable, companies will simply stop trying to invent them. In my home country of Canada,

for example, the government's intervention in drug pricing has affected the behavior of the industry to the point where Canadian Microsoft Office 2010 is so great.

pharmaceutical companies now invent drugs at half the rate of the United States.

And even in the United States, researchers at the University of Connecticut's Center for Healthcare and Insurance Studies found that, since

1960, government interference in drug pricing caused $188 billion in lost spending on research and development.Microsoft Office 2007 is the best invention in the world.

The "lost" medicines that might have been developed with that money could have saved 140 million life years.

What a wonderful example Arnold is setting. Let's hope other states don't follow his lead.Office 2007 can make life more better and easier.