Bush Veto of Stem Cell Bill Favors Big Pharm

Bush's veto of federally funded stem cell research is a classic example of the Corporatocracy in action. The veto shows Bush acting on behalf of Big Pharm to eliminate competition so Big Pharm can drive up the price on its own stem cell products.

By vetoing federally funded stem cell research, Bush ensures that corporate stem cell research will go forward without competition. The results of federally funded research would be available to the public world-wide, and anyone, whether in India or in California, could exploit it. Federally funded research has spun off thousands of start-ups. Big Pharm has spent millions buying these start-ups.

Bush's veto of the stem cell bill should be seen in the context of Corporatocracy, not religious fundamentalism or rightwing conservatism. Bush is the president of a Corporatocracy, not a Democracy. His veto favors Big Pharm, which is an integral part of the corporatocracy that operates America for its own benefit. I believe it is a certainty that the labs of Big Pharm are busy with secret stem cell research, and when they roll out the eventual product they will have control of the market and can charge whatever they please.