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Articles by Donald E. L. Johnson

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Today is Thursday, September 03, 2015


Doctors Without Borders must satisfice its greed just as Gilead (GILD) is

Gilead Sciences (GILD) is being assaulted by Doctors Without Borders for its pricing of its miracle hepatitis C drugs, which cure patients in as little as 12 days with only a pill a day and few side effects. As a GILD shareholder and someone who believes everyone should buy health insurance, not get it for free, I want as many people as possible to buy drugs. But GILD has invested a lot of money in creating and manufacturing its drugs. It and its shareholders must profit if the company's outstanding development efforts are to continue.

Doctors Without Borders is run by and staffed by people who don't believe in profits. To them, money is relatively unimportant. They get their compensation in good feelings about themselves. Their greed is that they want to feel good at other people's expense. That greed is as harmful to society over all as the greed to maximize profits.

What DWOB people need to learn is to satisfice their greed just as GILD must satisfice its drive for profits. Indeed, Gilead has made deals with generic drug makers that license them to sell its HEP C drug in emerging countries at much lower prices that the drug is sold for in middle income countries and in the U.S and other advanced countries.

 That is Doctors Without Borders  must find a happy compromise that gives them a reasonable return on their investments in time and effort just as GILD must meet the market's demand for reasonable prices and profits. If they don't satisfice, there will be no drugs for HEP C patients nor reasonable profits for shareholders. 

LINKS:

Gilead is Criticized for Restrictions on Generic Hepatitis C Drug Deal, by Ed Silverman (paid subcription, wsj.com)

Gilead Sciences at Yahoo Finance

Satisfice, by Wikipedia

Posted by Donald E. L. Johnson on 03/23/15 at 06:34 AM
EthicsStocksStocks Medical • (0) CommentsPermalink

Rep. Mike Coffman writes that Iran can’t be trusted

Rep. Mike Coffman (R-CO-CD 6) writes in the Washington Times that Iran can't be trusted to live up to any deal it makes with President Obama on containing the country's development of nuclear weapons. This is a view widely shared by Congressional Republicans and Democrats.

LINK: Why I believe Iran cannot be trusted, by Mike Coffman

Posted by Donald E. L. Johnson on 03/22/15 at 10:01 PM
Congress 114th • (0) CommentsPermalink

Jeb Bush can beat Rush Limbaugh, Laura Ingraham, conservative talk radio critics

Jeb Bush has a big edge over conservative talk show critics like Rush Limbaugh and Laura Ingraham. They talk to small audiences, he talks to the world. They talk for ratings and say outrageous things about Jeb for ratings. They have little credibility. Jeb talks to America, Big Money donors and establishment politicians as well as all Republicans. As a former governor of Florida, Jeb has tons of credibility. People are listening to him.

LINK: Jeb's Talk Radio Problem, by Michael Kruse

Posted by Donald E. L. Johnson on 03/22/15 at 05:04 PM
'16 President • (0) CommentsPermalink

Gov. Jerry Brown (D-CA attacks Sen. Ted Cruz over climate change

Jerry Brown is a typical Obama Democrat. He's been taken in by Al Gore and the climate change alarmists. Those alarmist don't have the data, computer models, computer time, climate knowledge nor intellectual integrity or scientific credibility to sell their self-serving speculation to gullible politicians. Brown Democrats in California have done more to hurt farmers during the drought than the drought itself has. 

LINK: Jerry Brown: Ted Cruz 'absolutely unfit to be running for office', by David Cohen

Posted by Donald E. L. Johnson on 03/22/15 at 04:24 PM
'16 PresidentEnvironmentClimate Change • (0) CommentsPermalink

Jeb Bush’s opponents will use his relationship with his late father-in-law to demonize him

How much do your siblings really know about your lives? I think this is an important story that will be misquoted by Clinton Democrats and used to demonize Jeb. I also think Jeb's GOP opponents will use it to explain why he is so wrong on illegal immigration.

LINK: Jeb Bush's forgotton father-in-law, by Michael Kruse

Posted by Donald E. L. Johnson on 03/22/15 at 12:37 PM
'16 President • (0) CommentsPermalink

Ted Cruz is a Baptist

Sen. Ted Cruz (R-TX) is a Baptist. He will announce his 2016 bid for president at Liberty University. This is a pretty good Washington Post report.

LINK: Here's what we know about the faith of Sen. Cruz, who's set to announce his 2016 bid at Liberty Univeristy, by Sarah Pulliam Baily.

Posted by Donald E. L. Johnson on 03/22/15 at 12:08 PM
'16 President • (0) CommentsPermalink

Colorado voters favor Scott Walker (33%) vs. Jeb Bush (14%), Marco Rubio (7%), Rand Paul (6%)

Wisconsin Gov. Scott Walker, reportedly a Colorado native, is favored in Colorado (33%) vs. Jeb Bush (14%). 

LINK: GOP POLL:  Colorado Voters Likes (sic) Walker in 2016 Presidential Race, by Colorado Peak Politics

Posted by Donald E. L. Johnson on 03/22/15 at 11:51 AM
'16 President • (0) CommentsPermalink

Scott Walker has good speech writer, acting coach; Ted Cruz smartest; Rand Paul is 2016 Ron Paul

As the NYT reports this morning, the big challenge for Marco Rubio and Jeb Bush will be the March 15, 2016, Florida primary. The Times' report shows Florida Big Money and establishment Republicans are supporting Jeb, but at least one huge donor is ready to back Rubio with $10 million.  At this point, Jeb looks like the presidential candidate ready to be president. Rubio looks like the most charming rookie with no executive experience. Scott Walker has a good speech writer and acting coach. Ted Cruz is the smartest, if not the wisest guy in the race. And Rand Paul is this year's Ron Paul.

LINKs: Marco Rubio has shown he belongs in the 2016 race, by Jennifer Rubin

Ted Cruz's presidential run is bad news for Rand Paul, by Philip Klein

Posted by Donald E. L. Johnson on 03/22/15 at 11:08 AM
'16 President • (0) CommentsPermalink

Florida primary questions challenge Jeb Bush, Marco Rubio, Scott Walker

Jeb Bush is working to lock up the March 15, 2016, Florida presidential primary and seems well on his way to winning the backing of the state's big donors and political leaders, according to today's New York Times. The story doesn't answer theses questions:

Posted by Donald E. L. Johnson on 03/22/15 at 09:55 AM
'16 President • (0) CommentsRead More

Why liars for ObamaCare will be in trouble in 2016

Politico.com's lead story at the moment is about how 2016 presidential candidates will lie for ObamaCare or spin their wheels promising to repeal it, which will be impossible because it may have imploded by then and Democrats will always have enough political power to block a total repeal. Here's why I think Obama/Clinton Democrats will have a tough time defending ObamaCare in 2016 and maybe even this year:

Posted by Donald E. L. Johnson on 04/26/14 at 08:36 AM
Health insuranceHealth Insurance ReformMedicaid • (0) CommentsRead More

Is Rep. Cory Gardner’s campaign against Sen. Mark Udall off to a slow start? GOP death wish?

Rep. Cory Gardner seems to be off to a slow start in his campaign to unseat Sen. Mark Udall. Udall is showing his confidence by declaring that he would vote for ObamaCare again, restating his opposition to fracking and the Keystone pipeline and claiming falsely that climate change causes forest fires. Here is what worries me about the Gardner campaign:

Posted by Donald E. L. Johnson on 04/19/14 at 09:06 AM
Campaign MgmtColoradoElections '14GardnerUdallMarketing and Sales • (0) CommentsRead More

Sen. Ted Cruz is a smart conservative, wrong on social issues; ready for prime time?

Sen. Ted Cruz (R-TX) is building a strong base among conservatives who want a strong, honest and smart president, but he is such a mindless social issues radical on gay marriage and abortion that his chances of getting to the White House don't look very good. In the Saturday, April 19, Wall Street Journal, Cruz is profiled as the guy other senators fear and don't like and the rest of the country's conservatives admire for his smarts, courage and integrity. Here are four reasons I like Cruz and six reasons I wonder how far he can go:

Posted by Donald E. L. Johnson on 04/19/14 at 08:21 AM
EthicsTrustHealth insuranceMedicareImmigration ReformTaxes • (0) CommentsRead More

How a new owner of the Denver Post could make it better for readers, advertisers and more profitable

There are new rumors that the Denver Post may be for sale. I sure hope so, because the paper has gone down hill more than it should have during the newspaper industry's long implosion. The paper has to focus on Colorado and recognize that readers interested in national and international stories can get better stories on the web than the Post can afford to produce. Some ideas for how the paper could be made a must read for all, not just the Left:

Posted by Donald E. L. Johnson on 04/08/14 at 10:18 AM
Media • (0) CommentsRead More

Journalists who accept Obama’s claim that 7.1 million signed up for ObamaCare can’t be trusted

The Wall Street Journal's headline writers and most of the media proved that they can't be trusted when they promoted President Obama's blatant lie that 7.1 million people have signed up and enrolled in ObamaCare. Everyone knows that huge percentages of those who signup never pay their ObamaCare health insurance premiums to insurers. Indeed, one insurer says that only 53% of previously uninsured signups pay their premiums. How many will continue to pay their premiums after insurers pay for their initial claims, which will be huge, remains to be seen. The ObamaCare numbers released by Obama so far are pretty meaningless. ObamaCare will never be repealed in full, but Obama already has used his executive orders to unlawfully change the law. Here are a few of the law's big problems as I see them:

Posted by Donald E. L. Johnson on 04/05/14 at 03:45 PM
EthicsTrustHealth insuranceHealth Insurance ReformMedicaidMedia • (0) CommentsRead More

Is high frequency trading (HFT) useful? How is it risky?

Is high frequency trading of stocks useful? Is it risky? My thoughts:

Posted by Donald E. L. Johnson on 04/05/14 at 09:59 AM
EthicsTrustSpeculationTrading StylesStocksTechnology • (0) CommentsRead More
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