STORY AT-A-GLANCE
- Pfizer is demanding countries put up sovereign assets, including bank reserves, military bases and embassy buildings, as collateral for expected vaccine injury lawsuits resulting from its COVID-19 inoculation
- Argentina and Brazil have rejected Pfizer’s demands. According to legal experts, Pfizer is abusing its power
- In the U.S., vaccine makers already enjoy full indemnity against injuries occurring from the COVID-19 vaccine under the PREP Act. If you’re injured, you’d have to file a compensation claim with the Countermeasures Injury Compensation Program (CICP), which is funded by U.S. taxpayers
- A significant problem with the CICP is that it’s administered within the Department of Health and Human Services, which is also sponsoring the COVID-19 vaccination program. This conflict of interest makes the CICP less likely to admit fault with the vaccine
- The maximum CICP payout you can receive — even in cases of permanent disability or death — is $250,000 per person, and you first have to exhaust your private insurance policy before the CICP kicks in