Title : US Taxpayers Forced to Pay $3 Billion for Damages in Vaccine Lawsuits — Not the Drug Companies
link : US Taxpayers Forced to Pay $3 Billion for Damages in Vaccine Lawsuits — Not the Drug Companies
US Taxpayers Forced to Pay $3 Billion for Damages in Vaccine Lawsuits — Not the Drug Companies
In 2007, taxpayers reported Americans who were responsible for the negligent actions of several large banking institutions.by Matt Agorist
were told that in order to avoid the "total and absolute chaos" of collapse banking that should give the banking cartels hundreds of billions of dollars to "rescue" - [ instead of jailing bankers, as happened in Iceland ].
despite the overwhelming majority of public opinion oppose this action , which was approved with bipartisan support in question hours
the public was furious after they know they are being personally responsible for the irresponsible acts of mega-banks - .. and there was nothing they could do about
As conservatives called explosion of the welfare system of the negative incentives created by these programs are conveniently kept silent when it comes to big business and corrupt at the receiving end of that club.
From banking to agriculture to health care -. Megacorporations suck the teat of government at the expense of taxpayers and politicians in Washington DC provide all of the same
The problem with government subsidies to businesses is irresponsible acts that encourages careless behavior. A particularly corporate welfare program has cost US taxpayers more than three million dollars since its inception in 1988.
Knowledge of the undesirable effects of these "safety net" provided through the extortion of the population to large corporations, avoid such scenarios.
This is especially true in relation to the medical industry. Imagine, if you will, the disturbing scenario that would be possible if doctors are not liable for negligence. The same threat of litigation by the negligence itself creates the incentive to act responsibly
However, a certain sect of the medical industry gets a pass -. Like the banking cartels are considered "too big to fail" so are the vaccine manufacturers.
In 1988, largely due to vaccine manufacturers lobby the government to alleviate their responsibility, Compensation Program The National Vaccine Injury (NVICP) was established.
After an increase in demand in recent years 80, vaccine manufacturers essentially held hostage government and threatened to stop making vaccines unless the government took the responsibility of injury lawsuits vaccine -. and NVICP what made
You can actually prove that you or your child have suffered damage of a vaccine however, the manufacturer of the vaccine is fully shielded from liability. Even if it is awarded monetary compensation through the NVICP, taxpayers are put on the line, is not the manufacturer of vaccines s.
This removal of responsibility has created the incentive out new vaccines with very little evidence, as companies do not have to worry about financial problems people were injured, which in turn has shaped the situation we find ourselves today.
In the past 2 decades, we have witnessed an increase of nearly 300% in the number of CDC recommends vaccines .
Clearly, the issue of vaccines is deeply controversial. On both sides of the argument there truths and lies that can hinder the ability of some to make rational decisions.
While we have everyone from lawyers to biologists, political scientists writing for the Free Thought Project, none of us are doctors, so do not make recommendations about what you and your family should do with respect to vaccination.
The Adverse Event Reporting System Vaccines (VAERS) receives about 30,000 annual reports, with 13% classified as severe (eg, associated with disability, hospitalization, illness threatening the life or death) according to CDC VAERS main search tool .
Since its first year in action, NVICP paid $ 3,380,139,357.37 with $ 141,556,311.67 will attorneys' fees, according to the latest report from the Health Resources and Services Administration.
In the past six years are only responsible for 30 percent of all payments, indicating a sharp increase in the number of prizes of the petitioners.
Since 1988, more than 17,028 petitions have been filed with the VICP. During that period 27 years, 14,602 petitions have been awarded, with 4,687 of those determined to be compensable, while 9,915 were dismissed.
The total compensation paid over the life of the program is approximately $ 3.3 billion, according to HRSA.
Although vaccine injuries are particularly rare, the fact is occurring. Also, according to the CDC Advisory Committee on Immunization Practices (ACIP), the number of adverse reactions are not reported.
"VAERS data are limited by underreporting and unknown sensitivity of the information system, so it is difficult to compare rates of adverse events following vaccination reported to VAERS with complications after natural disease. "Removal of any person or responsibility of any company by its negligence has a significant impact on the way they make decisions. As taxpayers are responsible for police misconduct and nothing changes, when vaccine manufacturers pass the buck to the taxpayer -. Again, nothing changes
If a company does not have to assess the risks associated with negligence, then that corporation will be incentivized to ultimately careless parenting -. This cause and effect of negative incentive is the basic economics
The only way a vaccine manufacturer can be held responsible is if fraud can be proven to have damage, ie, the vaccine Those responsible must be caught actually knowingly cause harm.
What this does is actually offers negative incentive to test a vaccine for safety, because if they are aware of the problems before the vaccine begins, then they could potentially be held liable rather than taxpayers .
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