That there would not be a connection
between the Project Destiny as an initiative of the Pharmaceutical
Industry Associations and the American Insurance Group's (AIG) secretive
Project Destiny is unthinkable. But even if there isn't, Project
Destiny deserves close scrutiny.
According to the Congressional testimony
of Edward Liddy, CEO of AIG in yesterday's hearing, if AIG were to
reveal the details of their version of Project Destiny, it would inhibit
their ability to "restructure" the units of AIG's business that the
taxpayers bought - and it would put their competitors at an advantage.
In view of what the Pharmaceutical Industry's Project Destiny is about -
and when coupled with the plans for the 'New Health Care' system, it
makes me wonder if AIG isn't packaging up and selling off their
professional liability policies for health care providers because my own
seat of the pants risk analysis is that professional liability insurance
isn't going to be a desirable business once the full picture of the 'New
Health Care' system is revealed. And if that is what they are
doing, then the American taxpayers are being set up for another bailout
- or other insurance companies are being setup to buy toxic assets that
will put them under - and then AIG will step back in and pick up the
profitable assets after the "unlucky" insurance companies fail.
The Project Destiny that is being
promoted by several large pharmaceutical corporations and pharmacy
industry associations is to have a new health care specialty recognized
- but before describing that, who's behind the initiative is most
The following are excerpts from an industry news website:
Pharmaceutical Industry Supports Visionary Project Destiny
The contributing companies are sanofi-aventis, GlaxoSmithKline,
Boehringer Ingelheim Pharmaceuticals, Pfizer U.S. Pharmaceuticals
and Wyeth. Representatives of these five pharmacy industry leaders
will join with representatives of three pharmacy associations on the
Project Destiny Industry
The American Pharmacists Association (APhA), the National
Association of Chain Drug Stores (NACDS) and the National Community
Pharmacists Association (NCPA) announced the initiative last month.
The end result of Project Destiny
will be the development of a strategic plan that validates community
pharmacy's future role in the delivery of health care as a valuable
and integral component, which is accepted and recognized by
patients, payers and policymakers for the patient care services that
The associations selected BearingPoint to execute the initiative,
which will position the pharmacist as the medication expert and the
key provider of medication therapy management services to patients.
Bearing Point's evaluation is nearly half-way completed.
Bearing Point - from Source Watch (go to the original article for
BearingPoint was formerly
KPMG Consulting Inc., the consulting division of the huge accounting
firm KPMG LLP that was brought down in the Enron/Arthur Anderson
scandal of 2002. On February, 8, 2001, the consulting branch was
officially separated from its parent due to a public offering on the
company. When the Enron scandal broke, they changed their name to
BearingPoint and subsequently acquired
the operations left behind by the deteriorating Arthur Anderson. 
- In July of 2003, BearingPoint was awarded a
contract by USAID worth $79.5 million to
facilitate Iraq's economic recovery with a
two-year option worth a total of
$240,162,688. Responsibilities in this
1. Creating Iraq's budget
2. Writing business law
3. Setting up tax collection
4. Laying out trade and customs rules
5. Privatize state-owned enterprises by
auctioning them off or issuing Iraqis shares in
6. Reopen banks and jump-start the private
sector by making small loans of $100 to $10,000.
7. Wean Iraqis from the U.N. Oil-for-Food
Program, the main source of food for 60% of the
8. Issue a new currency and set exchange rates.
- In January 2003 BearingPoint won a $3.95
million contract financed by the World Bank to
aid the Afghanistan government upgrade its
- In March of 2003, USAID awarded BearingPoint
a $39.9 million contract to help rebuild the
economy in Afghanistan.
[Note: There is more about KPMG on SourceWatch - do read it
because it's significant. Also, it's useful to know that it
was KPMG that set up the European Infrastructure tax shelters that
allowed U.S. corporations to lease infrastructure and to write it
off their American tax returns. And that initiative was a plan
European Union to get money to pay for common infrastructure
Global Ponzi Scheme]
In another article at the same industry
website as above, this article was found:
Pharmacy Groups Unveil Findings, Future Of "Project Destiny"
According to initial results of the
landmark "Project Destiny" initiative,
community pharmacy can ensure its healthcare services beyond
dispensing medication are embraced broadly, if it acts decisively
and cooperatively with healthcare industry stakeholders. The three
pharmacy groups advancing the initiative now are developing a
strategic plan to advance the concepts identified in the first
phase, which hold promise for healthcare quality, access and
One key concept that emerged from
the first phase of the project is that of a
"primary care pharmacist,"
who would work collaboratively with the healthcare delivery and
financing systems and focus on managing medications, positively
impacting health outcomes, reducing overall healthcare system costs
and empowering consumers to actively manage their health. Putting
this concept into practice would require the development of
pharmacy-based Patient Care
Management Services that are consistent nationwide while
maintaining the autonomy of individual pharmacies.
The Patient Care Management Services envisioned in the model go
beyond a narrow definition of medication therapy management and
include interventions targeting 15 conditions plus polypharmacy (the
use of multiple medications by a patient) that drive demand for
avoidable healthcare utilization. Project
Destiny would seek to leverage, and not reinvent, the work of
entities already demonstrating value in some segments.
Project Destiny Executive Summary
The American Pharmacists Association (APhA), the
National Association of Chain Drug Stores (NACDS), and the National
Community Pharmacists Association (NCPA) have joined together for
Project Destiny, an initiative intended to foster the broad
embracing of community pharmacy’s healthcare services beyond
dispensing medication. Pharmacists, as medication experts, are
well-suited for providing patient care that ensures optimal
medication therapy outcomes and can contribute to the lowering of
overall healthcare costs. Project Destiny has identified potential
mechanisms for offering services to patients that are valued by the
healthcare system which can be replicable, scalable and economically
viable for community pharmacy.
In addition, in October 2007, the
Milken Institute released a report that indicated the
seven most common chronic diseases in the nation put a $1.3 trillion
annual drag on the economy. The report estimated the drag could
reach nearly $6 trillion by the middle of the century.
aligns services that are managed and delivered directly to consumers
through primary care pharmacists and their teams:
Dispensing and Administering – Services related
to the coordinated preparation, filling, and delivery of a
customer’s prescription medications as well as administering of
other medications (e.g., vaccinations).
Patient Care Management Services – Services that
leverage the pharmacist’s clinical knowledge and skills related
to medication management to address consumers’ health issues or
Related Health Product Recommendations –
Services designed to augment consumers’ total medication
and healthcare product needs through the pharmacist’s
recommendations based on prescriptions, purchases or customer
In addition to the services delivered directly to
consumers by primary care pharmacists, the model includes Consumer,
Service, and Outcomes Data services. These services focus on
reporting detailed and aggregate data related to patients, services,
and outcomes to prescribers, payers, funders, and consumers.
As a result of the Milken Report, the
pharmaceutical corporations named above and the pharmaceutical industry
associations, the Board of Pharmaceutical Specialties prepared a
recognition of a new specialty.
BPS analyzed these functions in 2006 in the
afore-mentioned role delineation study, which describes and
empirically validates the domains, tasks, and knowledge that
comprise ambulatory care pharmacy practice. According to the task
analysis performed for that study, the following are the domains of
ambulatory care pharmacy specialty practice that are performed
regardless of practice site:
• direct patient care
• practice management
• public health functions
• medical informatics and professional development
• patient advocacy
Since by appearances, it was the report
from the Milken Institute report that was behind the Pharmaceutical
Industry initiative for Project Destiny, I did a search on Federal
Reserve and Health Care to see how much of a part the Federal Reserve
was playing in this attempt to circumvent physicians in the prescription
medications business. I was sure I would find information on it
because I heard Alan Greedspan testify to Congress around 2004 that the
health care system needed to be changed to stop spending all that money
on sick people - and instead spend it on "wellness".
Chairman Ben Bernanke,
Senate Finance Committee Health Reform Summit
June 16, 2008
Challenges for Health-Care Reform
Then something really interesting came
up in my search,
Tax Cheat Daschle Favors "Federal Reserve for Health",
But while President Obama was
bashing greed on Wall Street, in terms of the big bonuses
paid to executives, the details of the Daschle tax scandal
were starting to emerge. The scandal not only threatens to
derail Daschle but undermine Obama’s national socialist
health care plan.
Wall Street operator and Democratic Party moneybags Leo
Hindery, who hired and paid Daschle millions of dollars and
gave him a limousine and chauffeur, wrote
an article for the Huffington Post in 2008 saying that
he was endorsing Obama for president because the candidate
believes in every American “once again paying his or her
fair share” of taxes. That didn’t happen in Daschle’s case.
Follow the money..... Who is Leo
Hindery? According to
when Leo Hindery is having fun.
A year ago, Hindery was sitting pretty leading AT&T's coveted
Internet and broadband division.
A lot has happened since then. During his
stint at AT&T (nyse: T - news - people), Hindery was caught with his
pants off when he categorically denied rumors that AT&T would
consider selling its stake in Excite@Home (nasdaq: ATHM -
news - people). Shortly after, AT&T issued a release saying it was
continuing to "explore its investment strategy in Excite@Home."
Oops--either Hindery was lying, or he wasn't invited to any of the
discussions. A week later, Hindery unexpectedly resigned from AT&T.
And he certainly didn't stick it out much
longer at his next position, but this time the circumstances were in
his favor. Shortly after resigning from AT&T, Hindery accepted the
position of chief executive of Global Crossing (nasdaq: GBLX
- news - people) in December 1999. As chief executive of Global
Crossing, he was also the head of its Web-hosting division, Global
Center, which was just bought by Exodus Communications (nasdaq:
EXDS - news - people) last month. Hindery will continue as chief
executive of Global Center until Exodus completes the acquisition,
which is expected to happen early next year.
It doesn't look good for a young kid to
change jobs like underwear, and it looks even worse for a
53-year-old high-level executive. But the last couple of years
appear to be the exception to the Hindery rule. In 1988, Hindery
helped found InterMedia Partners, a cable operator. Then, in
February 1997, he was named president of TCI, before TCI was
acquired by AT&T in March 1999. At TCI, Hindery established the
reputation of a make-things-happen man. By all accounts, Hindery
stuck the rough times out and was responsible for TCI's turn around.
Most reports suggested that Hindery was
hired to take care of Global Center. After Exodus bought it last
month, his purpose had been served. And a profitable purpose it was.
One report said that Hindery's compensation package will entitle him
to 5.5% of Global Center's value over $2 billion. Since Global
Center sold for $6.5 billion, he certainly won't leave empty-handed.
Refresher on Global Crossing
More background on Leo Hindery
And then - the
icing on the cake. The best for last - and what I live to find -
the designers - movers and shakers of "New America".
My only question is - who asked them?
The New America Foundation
Board of Directors
Executive Vice President, Wal-Mart
(Info on Walmart's Trojan Horse Store Clinics
Lewis B. Cullman
Founder & CEO, Cullman Ventures, Inc.
Vice Chairman, Kailix Investment Advisors
Managing Partner, DGZ Capital
Thomas D. Gallagher
Senior Managing Director and Head of Policy Research, International
Strategy and Investment Group, Inc.
President, HAND Foundation
Leo Hindery, Jr.
Managing Partner, InterMedia Partners
President, George Wasserman Family Foundation
President, River Twice Research
President & CEO, Global
Global Head of GEM Fixed Income and Currencies, HSBC Halbis Partners
Principal & Co-Founder, Pacific Star Capital
Chairman, McKinsey Global Institute
Founder, Eton Park Capital Management
F. Noel Perry
Founder, Next Ten and Managing Director, Baccharis Capital Inc.
Chairman & CEO, Google, Inc.; Chairman-elect, New America Foundation
Bernard L. Schwartz
Chairman & CEO, BLS Investments, LLC
President & Co-Deputy Chairman, Soros Fund Management, LLC
President, Zemi Communications
Update - Infonet Grapevine:
I don't know if there is a connection
here or not, but I was reviewing the list of registered lobbyists
for 2009 at the Oklahoma Legislature and found several of interest.
Among many others are:
different lobbyists) -
- Novartis Pharmaceuticals Corp. (2
Pfizer Inc. (2
- Pharmaceutical Research &
Manufacturers of America (PhRMA) (4 lobbyists)
highlighted firms are on your Project Destiny list of participants.
not have a way to determine if they worked together, separately, or
if they proposed any legislation this session that would fit in with
thought it interesting that the very firms you discovered are
lobbyists in Oklahoma.
May 15, 2009