Minnesota Congresswoman Introduces Bill to Deny Pfizer & Other Criminals Federal Funding

Via Pharmalot:

http://www.pharmalot.com/2009/10/congresswoman-deny-pfizer-any-federal-funding

Congresswoman: Deny Pfizer Any Federal Funding

By Ed Silverman // October 19th, 2009 // 5:24 pm

betty-mccollum

Now that Pfizer agreed to pay $2.3 billion for illegally marketing several drugs, including Bextra, Zyvox, Geodon and Lyrica, over several years, one Congresswoman wants to punish stop such behavior – at least among those that do business with the federal government (background is here).

And so Betty McCollum, a Democrat from Minnesota, has introduced a bill that prohibits companies with a felony conviction from receiving any federal funding for five years after a conviction; prohibits corporate felons from making federal campaign contributions for five years, and limits the lobbying the corporation can do during that period to $1 million.

She calls her legislation the ACORN Act, or Against Corporations Organizing to Rip-off the Nation Act of 2009. Why? A significant target of recent Congressional action is the better-known ACORN, a non-profit that trains and advocates for poor and working-class Americans. Over the past 15 years, ACORN has received $53 million in federal funds. By contrast, Pfizer won $73 million in federal contracts in 2007, as The Nation notes, but has largely escaped Congressional wrath.

In her view, corporate felons rip-off taxpayers, shower contributions on congress and continue to cash in on federal contracts. So she wants to ‘defund corporate cooks.’ And she singles out Pfizer. In her bill, the section listing ‘Additional Definitions’ notes that any company “includes Pfizer, Pharmacia & Upjohn Company Inc. and any Pfizer-related affiliate.” And the bill specifically mentions any felony of the Food, Drug & Cosmetic Act as an example of a felony violation by a company. Hint, hint.

“Why are companies that break the law as a business strategy allowed to receive taxpayer funds?” McCollum tells the mag. “A government contract is a privilege, not a right. If a company commits a felony against the people of the United States, then that privilege must end.”

3 thoughts on “Minnesota Congresswoman Introduces Bill to Deny Pfizer & Other Criminals Federal Funding

  1. Bravo Betty McCollum, My admiration for your leadership and rectitude. My only son was left totally brain damaged by neuroleptics not needed in any case. All the psychiatric wards must be closed and you will save $247,000/bed/year on average. Can you imagine the savings in Medicaid. I hold the protocol to reverse the madness in a human being, you just detoxify the body at least 7 times under secure enrironment, and you are not mentally ill any longer. The Mother’s Act must never pass is a double criminal act affecting the mother and the child.
    My only son was left with ‘0’ IQ, incontinence, severe cognitive impairment and without compensation for such a tragedy, now waiting for 14 years. Not only we are affected by the psycho-pharma-………..cartel but the judicial system of injustice is scary. Thank you for stopping such a racket!

  2. Sadly, I don’t see this bill going anywhere. Known corporate felons like GE, Lockheed Martin and Northrop Grumman would then be unable to bid on all those defense contracts or to line the pockets of their favorite congress critters.

    Sorry to snark, but this exactly what such a bill would do. It’s DOA.

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