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The President of the United States, Barack Obama has shares in Baxter, the company many say is responsible for the h1n1 swine flu pandemic. Back 2005 Barack Obama bought $50,000 worth of stock in two companies.
Right after he bought the shares also in 2005 Barack Obama (still a senator at that time) introduced the first comprehensive bill to address the threat of avian influenza pandemic. AVIAN Act (S. 969)
Then it makes it even more interesting that over $60 million dollars was awarded for a vaccine against the bird flu (2007) that at the time did not mutate till afterwards.
Originally posted by On the Edge
So does Hillary and Romney,I think.
Scandalous? You bet!
Obama owned BAXTER stock.
He now is invested in VANGUARD and AVI Biopharm.
Chicago Tribune - Obama owned stock in Baxter
Here's a 2005 pandemic warning by Obama (when he had Baxter stock)
CNN - Money
Obama now owns stock in AVI Biopharm
AVI Biopharm -makes drugs for infectious diseases, (including West Nile, bird flu, Dengue, SARS and Ebola.)
Sun Times - Obama gets nailed for stock deal
Skyterra (satellite communications) which is controlled by the New York private equity firm Apollo Management.
He has stock in a fund that have these as their top 10 holdings
JP Morgan Chase (JPM, Fortune 500)
Apple (AAPL, Fortune 500)
Google (GOOG, Fortune 500)
Intel (INTC, Fortune 500)
Qualcomm (QCOM, Fortune 500)
McDonald's (MCD, Fortune 500)
Bank of America (BAC, Fortune 500)
Amgen (AMGN, Fortune 500)
CVS Caremark (CVS, Fortune 500)
Gilead (GILD, Fortune 500)
If we're lucky, we'll have at least a year, or perhaps several years, to prepare for a flu pandemic. But we might not be so lucky. And regardless of whether it is this particular strain of avian flu, H5N1, or another deadly strain, the time to act is long overdue if we want to prevent unprecedented human suffering, death, and economic devastation.
This lack of planning is compounded by the fact that we still don't have a FDA approved vaccine against avian flu, and the one drug that many countries are relying on--Tamiflu--may be less effective than experts had thought. The manufacturer is also struggling to meet the demand, and it could take up to 2 years for it to make enough for the U.S. stockpile, presuming this Administration finally puts in an order for the drug.