(CNN) - Dick Armey, the former House majority leader whose leadership of FreedomWorks has proved vital to organizing opposition to Democrats' health care reform efforts, told CNN Monday the recently-passed House health care bill could cripple the entire pharmaceutical industry.
"You go right back to Shakespeare, who first said, 'If it can't be sold for a profit, it's not worth writing,' or take Thomas Edison's reiteration of it, 'If it can't be sold for a profit, it's not worth inventing,'" Armey told CNN's John Roberts on American Morning. "If the government is going to control what it is, whether it can be distributed, what it is, what price it can be sold, you will disincentive the whole process of research. We've seen it before and we'll see it again."
The Texas Republican also said the government should not force health insurance companies to insure individuals who have not been responsible with their own health.
"Now [the government] comes along and says, 'Irrespective of the fact they've gone 20, 30, 40 years of their adult life without ever having bought insurance prior to getting a liver inflammation due to their excessive drinking habits or diabetes because they eat like a pig, you must now insure them,'" Armey said.
"At what point do we allow the government to order people that you must sell your product to this person or that person, irrespective of any good judgment?" he added. "We saw what happened in housing when they ordered banks to make loans to people who weren't qualified. Are we now going to have the same destructive influences in health care because we're going to order doctors to provide services and so forth?"
Armey also addressed the future of the Republican Party in light of events in a special congressional election in New York, in which conservatives pushed out the Republican running in favor of a more conservative third-party candidate. Ultimately, a Democrat carried the district, the first time in more than 125 years the party has won there.
Armey, who backed Conservative Party candidate Doug Hoffman, drew local headlines himself in that race after blasting an editorial board's questions on upstate New York issues - questions Hoffman had struggled to answer - as "parochial."
"The Conservative Party nominated the small government conservative, he got in the race late and he caught and passed her," Armey said Monday. "She dropped out, endorsed the Democrat. If the Republican Party or if the Conservative candidate had a little more time, he might have won that.
"But the Republican Party's got to decide whether or not they're going to be the 'me too' party, somewhat schizophrenic, half the party acting like us, the other half acting like them. Or are they going to be the big tent party that builds themselves around a national concept of small governance, fiscal conservatism, and has a broad appeal, as it did with Goldwater, as it did with Reagan," he said.