Wednesday, May 12, 2021

Flugennock's Latest'n'Greatest: "Won't Somebody Think Of The Shareholders?"

From Mike Flugennock, DC's anarchist cartoonist -

(a.k.a. "Black Wednesday"; I'm guessing a bunch of knobs out there are doing the digital equivalent of selling apples off a cart in front of the Stock Exchange right about now.)

"Won't Somebody Think Of The Shareholders?"

No doubt that day last week will go down as "Black Wednesday" for all 
the death'n'misery profiteers out there: the day the US Trade 
Representative's office announced its support for a waiver of pantent 
protection for COVID19 vaccines developed by Pfizer, Biontech, 
Novavax, and Moderna — and Wall Street crapped its pants.

After week after week after week of hell raised about places like 
India, where they're dying like flies and can't get enough vaccine 
because American corporations, true to form, are hoarding the supply 
and the IP protection — the US Trade Rep has decided that waiving 
patent protection on vaccines during a worldwide pandemic might be a 
pretty good idea after all... and this hasn't stopped Wall Street from 
doing the voodoo that it do so well — setting shares of all four of 
those companies dropping like a rock on Jupiter.

Buddy, can you paradigm?


"U.S. backs waiving patent protections for Covid vaccines, citing global health crisis", CNBC 05.05.2021

"Vaccine apartheid: U.S. puts world at risk for big pharma profits", 
Liberation News 04.20.2021

"Pfizer, Biontech, Novavax, Moderna shares plunge to session lows after U.S. backs waiving patent protections on Covid vaccines", CNBC 
Now @CNBCnow on Twitter 05.05.2021

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