Helpful ReplyHot!Coronavirus opinions

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EMitch
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Re: Coronavirus opinions 2021/10/06 07:48:47 (permalink)
MyWar
 How is the pharmaceutical industry making money off that?



Because the US Government gave them billions & billions in 2019 for the development and distribution of the vaccine. But now they're calling for a 3rd shot, (Biden administration & Pharma), not yet the CDC, (a booster) that Big Pharma says may be needed every year just like a flu shot. In one year alone, Phizer could profit by 60 billion dollars. They don't make money by curing anything; they make billions by treating. Need a special drug that costs thousands each month? Pay up or die! Right now private companies that will allow their employees to continue working if they don't have the shot, but will require them to be tested once each week. They will make the employee pay for each test to keep health care insurance rates down, and testing and lab work is expensive.

If you agree with the Progressive Democrats, that's freedom of speech. If you disagree, it's hate speech and racism.
genieman77
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Re: Coronavirus opinions 2021/10/06 08:57:11 (permalink)
MyWar



I didn’t pay anything for my covid shot. Neither did anybody else that got a shot in this country. In fact I’d bet most people worldwide didn’t pay for their covid shot. How is the pharmaceutical industry making money off that?



 
Oh wow 
I wasn't aware pharma did all this for free with no compen$ation from any source 
 
pretty righteous of them....
 
 
..L.T.A.
 
 
 
 
 
MyWar
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Re: Coronavirus opinions 2021/10/06 09:00:09 (permalink)
EMitch
MyWar
 How is the pharmaceutical industry making money off that?



Because the US Government gave them billions & billions in 2019 for the development and distribution of the vaccine. But now they're calling for a 3rd shot, (Biden administration & Pharma), not yet the CDC, (a booster) that Big Pharma says may be needed every year just like a flu shot. In one year alone, Phizer could profit by 60 billion dollars. They don't make money by curing anything; they make billions by treating.


This whole comment string was started because somebody said the government was somehow MAKING money off the covid vaccine. Now you are saying the government is paying for it. Which is it?

And yes, I said the same thing about the pharmaceutical industry - they make money by developing treatments for chronic illnesses; pills that you have to take every day for the rest of your life. But a vaccine is a “cure”; it prevents you from getting sick. Even if you have to get an annual booster that’s only one dose per year. Compare that to something like insulin, or pills for high cholesterol, or anti depressants, or asthma medication, or any of the other extremely common disorders that require daily treatment for the rest of your life, medications which are all far cheaper to manufacture and distribute. That is the real problem with the pharmaceutical industry, not covid vaccines. The covid vaccine is one of those rare instances where pharmaceutical companies did something good instead of price gouging.
MyWar
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Re: Coronavirus opinions 2021/10/06 09:01:38 (permalink)
genieman77
MyWar



I didn’t pay anything for my covid shot. Neither did anybody else that got a shot in this country. In fact I’d bet most people worldwide didn’t pay for their covid shot. How is the pharmaceutical industry making money off that?



 
Oh wow 
I wasn't aware pharma did all this for free with no compen$ation from any source 
 
pretty righteous of them....
 
 
..L.T.A.
 
 
 
 
 


Well if you think they are making all this cash, then you tell me how they are doing it. Who is paying for it? Where is the money coming from?
JM2
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Re: Coronavirus opinions 2021/10/06 09:01:51 (permalink)
MyWar
I didn’t pay anything for my covid shot. Neither did anybody else that got a shot in this country. In fact I’d bet most people worldwide didn’t pay for their covid shot. How is the pharmaceutical industry making money off that?



Please, just stop it.  
MyWar
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Re: Coronavirus opinions 2021/10/06 09:07:09 (permalink)
JM2
MyWar
I didn’t pay anything for my covid shot. Neither did anybody else that got a shot in this country. In fact I’d bet most people worldwide didn’t pay for their covid shot. How is the pharmaceutical industry making money off that?



Please, just stop it.  


I know buddy, I know. It makes you sad face when people who are smarter than you ask questions that you can’t answer.
ICE NUT
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Re: Coronavirus opinions 2021/10/06 09:25:31 (permalink)
Oh the wise one Banker has spoken again all knowing and smarter than all others as usual!!!!
Porktown
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Re: Coronavirus opinions 2021/10/06 09:47:51 (permalink)
Is this overreaching?  Definitely.  That falls in line of being a federal contractor though.  There are parts of this that effect others that aren't under contract, which are being challenged by just about any company that it is effecting.  I fully expect those under contract will be required.  There are a ton of articles going over the legal details that are being hammered out and would expect a bit more clarification to come in the next few weeks.
 
https://www.saferfederalworkforce.gov/downloads/Draft%20contractor%20guidance%20doc_20210922.pdf
 
We are in the neighborhood of 70% of adults are fully vaccinated in this country.  It is very well documented that those with medical conditions that don't allow, those verified positive recovery cases, inner city communities, those making a political stand and the conspiracy theory nut jobs make up the vast majority of those not vaccinated (and currently the same groups filling up hospitals and dying from this - besides the verified positive recovered).  The first clause in this EO notes those with verified medical conditions are exempt.  Like I have said many times in the past, a VERIFIED positive recovery should count the same as vaccination and be a clause in this.  The vast majority of federal contractors do not live in inner city communities.  Most nut job conspiracy theorists would not pass the background checks required and/or the random drug screenings.  Most of those that are looking to take a political stand on something like this, saw that Trump got a vaccination, used an EUA treatment and publicly supported vaccination, they can move on to another political stand.  So, that eliminates at least 95% of those that aren't already fully vaccinated.  The amount of people that are really put in the position to lose their jobs over this is extremely minimal.  I do feel for those that have verified positive recoveries, they should not be forced.  The others that aren't exempt medically and still don't want to do, oh well.  Those companies were likely looking for a reason to get rid of those remaining anyway.
 
MyWar
Elected officials having a vested financial interest in ANY industry is indeed a big problem, but it has nothing to do with covid.

I had to adjust your quote a little.  IMO, any elected official should have to move all finances into US Treasury bonds or a transparent "elected official" managed fund that every one of them holds and available to the public.  So that their legislative powers can have zero effect on their financial interests.  This would solve countless problems in this country.  These people are here to serve "we the people"...
snagr
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Re: Coronavirus opinions 2021/10/06 09:50:46 (permalink)
https://abcnews.go.com/Business/wireStory/pfizer-raises-2021-outlook-strong-q2-revenue-profit-79112896
 
Pfizer now anticipates revenue from the two-dose vaccine this year to reach $33.5 billion for the 2.1 billion doses it's contracted to provide by year end. That doesn't include a contract struck last week to provide an additional 200 million doses to the U.S.
 
 
 
https://abcnews.go.com/Business/wireStory/moderna-covid-19-vaccine-tallies-4b-q2-sales-79288445
 
Overall, Moderna earned $2.78 billion in the second quarter, compared to a loss of $117,000 last year, before its vaccine received emergency use authorization in the U.S. and other countries to fight the global pandemic.  The company brought in $4.35 billion in total revenue, thanks to the vaccine and some grants.
Porktown
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Re: Coronavirus opinions 2021/10/06 10:22:49 (permalink)
Seems some of you are advocating government run healthcare???
LDD
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Re: Coronavirus opinions 2021/10/06 10:23:51 (permalink)
"Never let a crisis go to waste"
                                           - Winston Churchill
 
 
JM2
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Re: Coronavirus opinions 2021/10/06 10:46:26 (permalink)
MyWar
JM2
MyWar
I didn’t pay anything for my covid shot. Neither did anybody else that got a shot in this country. In fact I’d bet most people worldwide didn’t pay for their covid shot. How is the pharmaceutical industry making money off that?



Please, just stop it.  


I know buddy, I know. It makes you sad face when people who are smarter than you ask questions that you can’t answer.



If a dunce like me has to answer your stupid question, then you're not nearly as smart as you think you are. Maybe you are a really super smart guy who believes and posts really super stupid stuff on a continual basis.
Porktown
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Re: Coronavirus opinions 2021/10/06 11:12:20 (permalink)
MyWar
Also, the mRNA covid vaccines in particular are extremely expensive to manufacture and transport.


From what I have read about the development of the mRNA technology, it is actually less expensive to manufacture.  Initial investment in time and research, definitely added a ton to the overall cost.  The scientific community seems very excited about this technology working on a mass scale, due to the low cost in mass producing this and future vaccines.  The transport and holding at temps so low to keep the lipid nanoparticles in tact, is still something that keeps costs higher and imagine something they are working on.
LDD
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Re: Coronavirus opinions 2021/10/06 12:58:10 (permalink) ☄ Helpfulby crappiefisher 2021/10/06 13:36:02
It's news to everyone that big pharma is intertwined with government regulatory bodies?  It's news that major energy companies and food producers are intertwined with government regulatory bodies?  It's news that big pharma has a stranglehold on the American consumer?  C'mon...
 
It's not shocking that Pfizer and Biontech are going to make money from this vaccine.  We're in a PANDEMIC and they created a vaccine that keeps people alive.  It's also not news that drug companies make money from products that work.  Oxy definitely worked.  They definitely made a lot of money from it.  
 
Oh look, they make other things that work as well.  Who took the Prevnar vaccine here??  If you're old, you should...just sayin.  But then again, maybe that's a conspiracy too.  You should be over 70 and get pneumonia and see.  
 
"Pfizer's best-selling drugs in FY 2020 were: Prevnar 13/Prevenar 13, a pneumococcal disease vaccine, which generated $5.9 billion in revenue; Ibrance, used to treat certain breast cancers, which brought in $5.4 billion; and Eliquis, used to treat nonvalvular atrial fibrillation, deep vein thrombosis, and pulmonary embolism, and which generated $4.9 billion"
 
https://www.investopedia.com/ask/answers/052015/who-are-pfizers-pfe-main-competitors.asp
 
 
 
But, but, but...
The company is expecting profit margins for the vaccine to be between 25% and 30% which means profits from the vaccine could be around $4 billion. All of Pfizer’s costs and profits from the vaccine are split evenly with BioNTech, the biotech company that helped develop the treatment."
 
However...
 
Pfizer plans on selling 2 billion doses of the vaccine this year, but that demand should subside in coming years so the revenue of Covid-19 vaccine won’t be stable, Pfizer’s CEO Albert Bourla said on an call with analysts and investors.
 
https://qz.com/1967638/pfizer-will-make-15-billion-from-covid-19-vaccine-sales/
 
What will they do then?
 
I wonder if they're spending billions on development of other drugs and vaccines as we speak so they're more prepared than all the internet sleuths to actually combat and deal with infectious diseases and long lasting chronic ailments??
 
To hell with the big pharma/government connection because I'm not a part of it, but I will concede that without them (pharma) we'd be in quite a different world.  
 
MyWar
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Re: Coronavirus opinions 2021/10/06 16:04:03 (permalink)
snagr
https://abcnews.go.com/Business/wireStory/pfizer-raises-2021-outlook-strong-q2-revenue-profit-79112896
 
Pfizer now anticipates revenue from the two-dose vaccine this year to reach $33.5 billion for the 2.1 billion doses it's contracted to provide by year end. That doesn't include a contract struck last week to provide an additional 200 million doses to the U.S.
 
 
 
https://abcnews.go.com/Business/wireStory/moderna-covid-19-vaccine-tallies-4b-q2-sales-79288445
 
Overall, Moderna earned $2.78 billion in the second quarter, compared to a loss of $117,000 last year, before its vaccine received emergency use authorization in the U.S. and other countries to fight the global pandemic.  The company brought in $4.35 billion in total revenue, thanks to the vaccine and some grants.




That certainly seems like a lot of money, but revenue is not the same as net profit. Net profit is calculated by subtracting expenses from revenue, and simply providing revenue figures can be misleading.
 
But lets say Moderna finishes the year with about $10 billion in revenue. Seems like a lot, until you factor in that some estimates of the global pharmaceutical market could be in the neighborhood of $1.3 trillion, of which $10 billion would be a measly 0.77%, and Pfizer's $33 billion in revenue would be only 2.5%. So what's really happening is the pharmaceutical industry is raking you over the coals 20 different ways, every day, none of which have anything to do with covid.
 
But its also worth pointing out that Moderna's stock fell 20% last week, and no doubt a big reason for that is because Moderna can't continue to be as profitable as it is currently, because other drug companies will develop treatments and gain covid market share. Moderna was one of the first companies out of the gate with a drug that literally stopped a global pandemic in its tracks, so in a for profit healthcare system, its not really all that surprising that they will make some money in the short term. But curing covid won't be profitable long term, not when other drug companies develop cheaper alternatives and covid infections drop.
 
And even if we need an annual booster like the flu, does anybody actually think the annual flu shot is some huge cash cow for the pharmaceutical industry? If its not, then why would an annual covid booster be any different?
 
Its also kind of astonishing to me that fervent right wing capitalists are criticizing a business for making money in the first place. This is kind of a different tangent, but what did you think a for profit healthcare industry looked like? This is the one time when the "innovation" driven profit motive that you all claim to love so much actually resulted in a cure for a disease that would have killed millions (maybe billions) of people and you have a problem with it? Meanwhile the industry price gouges for insulin and you look the other way.
 
 
MyWar
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Re: Coronavirus opinions 2021/10/06 16:12:35 (permalink)
LDD
It's news to everyone that big pharma is intertwined with government regulatory bodies?  It's news that major energy companies and food producers are intertwined with government regulatory bodies?  It's news that big pharma has a stranglehold on the American consumer?  C'mon...
 



 
Its certainly not, but who are the people calling for legislation that addresses this kind of problem? 
 
I'll give you a hint - its the same people calling for price controls on things like insulin, and its the same people that all of the right wingers like to mock incessantly for being socialist wackjobs. The ONLY people in government that are talking about fixing these problems are progressives like AOC and Bernie Sanders and Elizabeth Warren and Sherrod Brown. Even a guy like Jon Tester supports this stuff. 
pensfan1
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Re: Coronavirus opinions 2021/10/06 16:27:05 (permalink)
I read here about big pharma, profits yadda yadda. How much is it worth to not die from Covid 19? What is the acceptable reward/revenue for saving lives? Now I might sound alittle on tilt right now, I just came from the funeral home. And tomorrow we bury a 51 yr old man, because he wouldn't get vaxxd. Again I ask, what is the acceptable worth for saving lives? It is totally a personal decision to vax or not. If someone wants to get sick and possibly die from this disease because they don't want to vax, so be it. Personally, I'm done worrying about it. I'm vaxd, my family is vaxd. The Wife and I will get boosters within the next week. When Drs say our teens need one, they will be next inline. I don't wish this disease on anyone nor anyone's friends or family.
MyWar
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Re: Coronavirus opinions 2021/10/06 17:19:13 (permalink)
Remember Kopy’s?

https://www.wesa.fm/court...ints-troubling-picture

Kopy’s got busted up by a bunch under cover cops, beat up some bikers, and then they lied about and tried to cover it up by destroying evidence.

Kopy died of covid today. He never got vaxxed because he was super deep into the right wing media echo chamber, thought it was a big hoax or whatever.
CRAPPIE_SLAYER
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Re: Coronavirus opinions 2021/10/06 18:42:04 (permalink)
Was on my way home this afternoon listening to NPR when I heard a story of the WHO touting the new malaria "vaccine" that is safe for children. They are extremely excited about this as it could save many lives globally. This vaccine from what I gathered in the story only took 30yrs to develop. 30 yrs...to develop a child safe vaccine for a known virus. Governments now want to mandate a vaccine for school aged children that was developed in the past year, and they expect everyone to have absolutely no apprehensions about it.
genieman77
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Re: Coronavirus opinions 2021/10/06 19:14:47 (permalink)
MyWar


Well if you think they are making all this cash,

 
If "I" think?
I didn't say anything like that.
 there is indeed  profit in every dose they sell
the potential to sell   billions of doses even at a dollar a dose profit  ain't chop liver 
 
 
 
MyWar Who is paying for it? Where is the money coming from?



 
I'm sure some of the  6 trillion we borrowed so far has.
Other world govs spending as well
The WHO and NGOs all contributed too I reckon
 
..L.T.A. 
 
 
 
post edited by genieman77 - 2021/10/06 19:16:25
MyWar
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Re: Coronavirus opinions 2021/10/06 19:16:42 (permalink)
CRAPPIE_SLAYER
Was on my way home this afternoon listening to NPR when I heard a story of the WHO touting the new malaria "vaccine" that is safe for children. They are extremely excited about this as it could save many lives globally. This vaccine from what I gathered in the story only took 30yrs to develop. 30 yrs...to develop a child safe vaccine for a known virus. Governments now want to mandate a vaccine for school aged children that was developed in the past year, and they expect everyone to have absolutely no apprehensions about it.


Malaria is a parasitic infection caused by a single celled organism, it’s not caused by a virus. There are no vaccines for parasitic infections, at least nothing that is close to what we have for viral infections in terms of efficacy. Even this new malaria vaccine is only 30-40% effective.

Developing vaccines against parasites is far more difficult. It’s the difference between putting a man on the moon and putting a man on Mars.
DeadGator401
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Re: Coronavirus opinions 2021/10/07 20:15:38 (permalink)
pensfan1
I read here about big pharma, profits yadda yadda. How much is it worth to not die from Covid 19? What is the acceptable reward/revenue for saving lives? Now I might sound alittle on tilt right now, I just came from the funeral home. And tomorrow we bury a 51 yr old man, because he wouldn't get vaxxd. Again I ask, what is the acceptable worth for saving lives? It is totally a personal decision to vax or not. If someone wants to get sick and possibly die from this disease because they don't want to vax, so be it. Personally, I'm done worrying about it. I'm vaxd, my family is vaxd. The Wife and I will get boosters within the next week. When Drs say our teens need one, they will be next inline. I don't wish this disease on anyone nor anyone's friends or family.


I'm sorry to hear Pens. That sucks. 

It's a horrible thing we're in the midst of. 
parrker52
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Re: Coronavirus opinions 2021/10/08 08:53:23 (permalink)
Malaria is a parasitic infection caused by a single celled organism, it’s not caused by a virus. There are no vaccines for parasitic infections, at least nothing that is close to what we have for viral infections in terms of efficacy. Even this new malaria vaccine is only 30-40% effective.
Developing vaccines against parasites is far more difficult. It’s the difference between putting a man on the moon and putting a man on Mars.
 
You're right about it.
LDD
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Re: Coronavirus opinions 2021/10/08 12:36:28 (permalink)
pensfan1
I read here about big pharma, profits yadda yadda. How much is it worth to not die from Covid 19? What is the acceptable reward/revenue for saving lives? Now I might sound alittle on tilt right now, I just came from the funeral home. And tomorrow we bury a 51 yr old man, because he wouldn't get vaxxd. Again I ask, what is the acceptable worth for saving lives? It is totally a personal decision to vax or not. If someone wants to get sick and possibly die from this disease because they don't want to vax, so be it. Personally, I'm done worrying about it. I'm vaxd, my family is vaxd. The Wife and I will get boosters within the next week. When Drs say our teens need one, they will be next inline. I don't wish this disease on anyone nor anyone's friends or family.

Yeah, very sorry to hear man.  
pensfan1
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Re: Coronavirus opinions 2021/10/08 14:33:34 (permalink)
Thanks guys. It is very sad but at the same time it just infuriates me. My only hope is this latest loss make more in our community go get vaxxd, but I'm not too optimistic on that.
r3g3
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Re: Coronavirus opinions 2021/10/10 20:10:18 (permalink)
Just dont understand the hesitation folks have-
  went out for a script at the drug store the other day and the sign said the were doing flu and Pfizer  3rd shots--got both.
JM2
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Re: Coronavirus opinions 2021/10/10 23:28:30 (permalink)
Maybe a lot of them have already had covid, and feel there is no benefit to come from having an emergency use vaccine injected to them. Maybe a lot of them feel they are low risk and that the vaccine does not fit their risk/reward profile.
 
If I was, say under 50, and in good health. I wouldn't get the vaccine. That being said, I've never ever had I flu shot. If I am vaccinated, I really don't care what other people choose to do. It's their choice.
pensfan1
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Re: Coronavirus opinions 2021/10/11 10:24:10 (permalink)
Maybe the Delta variant doesn't care how old you are? Maybe having already had Covid doesn't matter and you can still get it again, and die from it? Maybe if you had friends that are no longer with us, that had the same attitude as yours, you would feel differently? But ofcourse that's just my opinion.... carry on.
JM2
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Re: Coronavirus opinions 2021/10/11 11:15:02 (permalink)
So let me get this straight. I'm expressing an opinion of the reasons some people may feel they do not need the vaccine, and you're expressing "maybes" about the way this virus affects all people regardless of their individual circumstances.... carry it yourself.
eyesandgillz
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Re: Coronavirus opinions 2021/10/11 12:53:36 (permalink)
pensfan1
Maybe the Delta variant doesn't care how old you are? Maybe having already had Covid doesn't matter and you can still get it again, and die from it? Maybe if you had friends that are no longer with us, that had the same attitude as yours, you would feel differently? But ofcourse that's just my opinion.... carry on.



I regulate what goes into my body.  Not doctors.  Not you.  And certainly not the government.  Some of us also know of people that had ALL 3 shots and still got Covid, some of which were hospitalized and unfortunately, one that has died.  
 
Seems to be decent science out there that showing natural immunity can be equivalent to vaccines and in some cases, may have a much longer residual effect.  
 
You do you, I'll do me...but I won't be the one trying to guilt, demean or pressure you into your choice.  Carry on.
 
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