Anarcho-Capitalist NEWS: Capitalist Martin Shkreli faces Congress, stays silent, then calls them 'imbeciles' afterwards, lol

In the days leading up to his big meeting with Congress, disgraced former drug executive Martin Shkreli couldn't wait to, as he put it, "school Congress".

Anarcho-Capitalist NEWS: Capitalist Martin Shkreli faces Congress, stays silent, then calls them 'imbeciles' afterwards, lol 1454611452912

Anarcho-Capitalist NEWS: Capitalist Martin Shkreli faces Congress, stays silent, then calls them 'imbeciles' afterwards, lol 1454611452912

"I would love to talk to Congress. I would berate them. I would insult them," said the former chief executive of Turning Pharmaceuticals, who became America's most hated man in September when it was revealed his company bought a potentially life-saving drug and jacked up the price of it by some 4000 per cent.

Shkreli is now under investigation for securities fraud unrelated to the price-gouging, but that hasn't stopped the 32-year-old from tweeting, live-streaming from his New York City apartment, and baiting Congress in media interviews. The legislators were no doubt just as eager to school him and be seen telling him what's what in a public forum.

It was classic Shkreli as the world knows him - bold, unapologetic, brash, arrogant.

And then as Shkreli sat down along with four other witnesses on Thursday in front of the House oversight committee to testify on prescription drug price-gouging, he suddenly, and uncharacteristically, shut his mouth.

Shkreli, with a smirk that seems to be permanently etched onto his face, pleaded the Fifth Amendment, invoking his constitutional right to stay silent and avoid self-incrimination.

The legislators were prepared for this; Shkreli had earlier in the week said he planned to follow his lawyers' advice and plead the Fifth. "They just want it to be a circus," he told CNBC.

Committee Chairman Jason Chaffetz and his Republican buddy and former prosecutor Representative Trey Gowdy had a good-cop, bad-cop routine ready to go. It was a made-for-TV courtroom interrogation, but Shkreli kept his mouth shut.

Then they handed it over to Elijah Cummings, the top Democrat on the committee, who tried to shame Shkreli into talking. He called Turing a "Ponzi scheme" in his opening remarks, saying the research and development that Turing has claimed it is doing to justify its high prices is simply research on which new drugs it could acquire and raise the prices.

Shkreli smirked.

"It's not funny, Mr Shkreli, people are dying," Cummings said.

But nothing worked, and after about 10 minutes, Chaffetz reluctantly excused Shkreli, who after weeks of baiting Congress for a showdown, had the last word:

Read more: http://www.smh.com.au/world/martin-shkreli-faces-congress-stays-silent-then-calls-them-imbeciles-afterwards-20160204-gmm6oo.html#ixzz3zHSEgh9V

Anarcho-Capitalist NEWS: Capitalist Martin Shkreli faces Congress, stays silent, then calls them 'imbeciles' afterwards, lol

Anarcho-Capitalist NEWS: Capitalist Martin Shkreli faces Congress, stays silent, then calls them 'imbeciles' afterwards, lol

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