OBAMA’S YEAR IN REVIEW…A Look Back At Obama’s Rocky Third Year WhereSiga, Helath and Human Services Many Of  Obama’s Lack of Transparency Has Come To Light…

MAJOR SCANDAL

Siga

Obama’s Department of “Health and Human Services Awarded Siga a No-Bid Contract worth Nearly $433 Million.” “In May 2011, Health and Human Services awarded Siga a no-bid contract worth nearly $433 million to develop and produce 1.7 million doses of an anti-viral smallpox drug called STS-246. The drug would augment the existing supply of smallpox vaccine now in U.S. control.” (David Fitzpatrick and Drew Griffin, “E-Mails Questioned Huge Contract For Firm With Ties To Obama Administration,” CNN, 12/8/11)

The Price Per Dose Charged By Siga Is “Well Above” A Price That Was Considered To Be “Reasonable” By Government Specialists. “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.” (Dave Willman, “Cost, Need Questioned In $433-Million Smallpox Drug Deal,” Los Angeles Times, 11/13/11)

Siga’s Return On Investment For The Contract Is “An Overwhelming 180 Percent.” “But internal e-mails obtained exclusively by CNN show a contracting officer assigned to manage price negotiations between HHS and Siga was alarmed at the cost. Siga's return on investment, one e-mail said, was ‘an overwhelming 180 per cent.’” (David Fitzpatrick and Drew Griffin, “E-Mails Questioned Huge Contract For Firm With Ties To Obama Administration,” CNN, 12/8/11)

Ronald Perelman Is The “Controlling Shareholder Of Siga,” A “Longtime Democratic Party Activist And Fundraiser,” And “A Particular Friend Of The Obama White House.” “Ronald Perelman is controlling shareholder of Siga Technologies and a longtime Democratic Party activist and fundraiser. He's also a large contributor to Republicans, but has been a particular friend of the Obama White House.” (David Fitzpatrick and Drew Griffin, “E-Mails Questioned Huge Contract For Firm With Ties To Obama Administration,” CNN, 12/8/11)

• Andrew Stern, The Former President Of The SEIU - A “Wellspring Of Campaign Money” - Is On Siga’s Board. “In June 2010, Siga further heightened its presence in Washington by naming to its board Andrew Stern, former head of the Service Employees International Union and a frequent visitor to the Obama White House. The union is a wellspring of campaign money and volunteers for Democratic candidates.” (Dave Willman, “Cost, Need Questioned In $433-Million Smallpox Drug Deal,” Los Angeles Times, 11/13/11)