(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.
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