Author Topic: Solyndra 2.0:Obama Awards $433M No-Bid Contract For Overpriced Drug To Top Donor  (Read 584 times)

Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
Cost, need questioned in $433-million smallpox drug deal

Washington (LAT) — Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work.

Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald O. Perelman, one of the world’s richest men and a longtime Democratic Party donor.

When Siga complained that contracting specialists at the Department of Health and Human Services were resisting the company’s financial demands, senior officials replaced the government’s lead negotiator for the deal, interviews and documents show.

When Siga was in danger of losing its grip on the contract a year ago, the officials blocked other firms from competing.

Siga was awarded the final contract in May through a “sole-source” procurement in which it was the only company asked to submit a proposal. The contract calls for Siga to deliver 1.7 million doses of the drug for the nation’s biodefense stockpile. The price of approximately $255 per dose is well above what the government’s specialists had earlier said was reasonable, according to internal documents and interviews.

Once feared for its grotesque pustules and 30% death rate, smallpox was eradicated worldwide as of 1978 and is known to exist only in the locked freezers of a Russian scientific institute and the U.S. government. There is no credible evidence that any other country or a terrorist group possesses smallpox.

If there were an attack, the government could draw on $1 billion worth of smallpox vaccine it already owns to inoculate the entire U.S. population and quickly treat people exposed to the virus. The vaccine, which costs the government $3 per dose, can reliably prevent death when given within four days of exposure.


Full story at:

http://www.latimes.com/news/nationworld/nation/la-na-smallpox-20111113,0,4293298.story



The level of corruption exhibited by this regime is just stunning.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39838
  • Doesnt lie about lifting.
Re: Obama Awards $433M No-Bid Contract For Overpriced Drug To Top Donor
« Reply #1 on: November 13, 2011, 07:24:30 AM »
I already posted this in the obama corruption thread and straw ignored it. 

BTW - check out that thread and the crap Straw is defending.   

Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
Re: Obama Awards $433M No-Bid Contract For Overpriced Drug To Top Donor
« Reply #2 on: November 13, 2011, 07:28:32 AM »
I already posted this in the obama corruption thread and straw ignored it. 

BTW - check out that thread and the crap Straw is defending.   

Straw Man is an incredibly stupid and pathetic drone.

You should go back to giving these things they're own thread. It's easier for the sheeple to ignore them when you dump them into one thread. This looks like Solyndra 2.0.



Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
"When Siga complained that contracting specialists at the Department of Health and Human Services were resisting the company's financial demands, senior officials replaced the government's lead negotiator for the deal, interviews and documents show."


Hahaha.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39838
  • Doesnt lie about lifting.
"When Siga complained that contracting specialists at the Department of Health and Human Services were resisting the company's financial demands, senior officials replaced the government's lead negotiator for the deal, interviews and documents show."


Hahaha.

BF - from the NYT Article:


The project is also a marvel in another, less obvious way: Taxpayers and ratepayers are providing subsidies worth almost as much as the entire $1.6 billion cost of the project. Similar subsidy packages have been given to 15 other solar- and wind-power electric plants since 2009.

The government support — which includes loan guarantees, cash grants and contracts that require electric customers to pay higher rates — largely eliminated the risk to the private investors and almost guaranteed them large profits for years to come. The beneficiaries include financial firms like Goldman Sachs and Morgan Stanley, conglomerates like General Electric, utilities like Exelon and NRG — even Google.

Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
No wonder this guy has so many rich folks bundling for him. You gotta pay to play with this regime.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39838
  • Doesnt lie about lifting.
No wonder this guy has so many rich folks bundling for him. You gotta pay to play with this regime.

And people wonder why i hate this piece of garbage and everyone still defending him?   He is literally robbing people in broad daylight and pieces of garbage like blackass, Benny, Andre, Straw, Repping, et all still defend him! 


Are you fucking kidding me? 

Skip8282

  • Getbig V
  • *****
  • Posts: 7004
And the left was all up in arms when Haliburton's KBR got no competes.  ::)

Some interesting info here:  http://www.verumserum.com/

Chimerex initially blocked Siga with a complaint that Siga didn't qualify as small business, then withdrew the complaint opening the field for Siga.  Now they'll bid on the other 12 million doses (supposedly competitively).

But why did Chimerex withdraw?


I'll make a prediction.  Come Monday, there will be crickets from the left on this - but 33's "Michelle make-up" thread will be packed with crying.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39838
  • Doesnt lie about lifting.
I never hide the fact that I post a lot of petty stuff like the makeup bs, but these threads are twlling for the lack of comments.

Fury

  • Getbig V
  • *****
  • Posts: 21026
  • All aboard the USS Leverage
180 has been posting all day and has so far avoided this thread like the plague. Says a lot. All the more reason to ignore his posts.

240 is Back

  • Getbig V
  • *****
  • Posts: 102387
  • Complete website for only $300- www.300website.com
i just read it.  looks boring, but sounds like this solyndra thing should be investigated by congress immediately.

repubs, please avoid another 'in god we trust reminder' bill and prosecute obama for this one.  thanks!

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39838
  • Doesnt lie about lifting.
i just read it.  looks boring, but sounds like this solyndra thing should be investigated by congress immediately.

repubs, please avoid another 'in god we trust reminder' bill and prosecute obama for this one.  thanks!


Fail.