Showing posts with label corporate corruption. Show all posts
Showing posts with label corporate corruption. Show all posts

Big Pharma and Organized Crime — They Are More Similar Than You May Think




“It is scary how many similarities there are between this [pharmaceutical] industry and the mob. The mob makes obscene amounts of money, as does this industry. The side effects of organized crime are killings and deaths, and the side effects are the same in this industry. The mob bribes politicians and others, and so does the drug industry …” ~ former Vice-President of Pfizer pharmaceuticals ¹

If you believe pharmaceutical corporations hold the health of the general public in high regard, it’s time to reconsider. The industry is filled with examples of wrongful death, extortion, fraud, corruption, obstruction of justice, embezzlement, fake journals, harassment and hit lists that would make even the most hardened Mafia godfather blush. Big Pharma has been fined billions by the U.S. Department of Justice, but these enormous fines don’t curb the corruption, it’s just looked upon as “the cost of doing business,” similar to paying the utilities.

Why the TransPacific Partnership is a "pending disaster" for America and the world


By Joseph Brenner

(Daily Kos) There's been very little mention of what Obama's State of the Union speech has to say about the Trans-Pacific Partnership treaty proposal.

As Robert Reich [Chancellor’s Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the twentieth century] has commented:

"If you haven’t heard much about the TPP, that’s part of the problem right there. It would be the largest trade deal in history — involving countries stretching from Chile to Japan, representing 792 million people and accounting for 40 percent of the world economy – yet it’s been devised in secret."

Reich calls the TPP a "pending disaster".  So what does Obama have to say? ...

House Republicans just passed a bill forbidding scientists from advising the EPA on their own research

By Lindsay Abrams

(Salon) House Republicans just passed a bill forbidding scientists from advising the EPA on their own research

Congressional climate wars were dominated Tuesday by the U.S. Senate, which spent the day debating, and ultimately failing to pass, a bill approving the construction of the Keystone XL pipeline. While all that was happening, and largely unnoticed, the House was busy doing what it does best: attacking science.

H.R. 1422, which passed 229-191, would shake up the EPA’s Scientific Advisory Board, placing restrictions on those pesky scientists and creating room for experts with overt financial ties to the industries affected by EPA regulations.

The bill is being framed as a play for transparency: Rep. Michael Burgess, R-Texas, argued that the board’s current structure is problematic because it  “excludes industry experts, but not officials for environmental advocacy groups.” The inclusion of industry experts, he said, would right this injustice.

Nuclear power keeps the corporates in charge. No wonder it's conservatives' preferred solution to climate change

(The Guardian) Nuclear power keeps the corporates in charge. No wonder it's conservatives' preferred solution to climate change

“I have no theological objection” to nuclear power, Tony Abbott said on 1 December, responding to Julie Bishop’s relaunch of the right’s preferred “solution” to global warming this week.

Abbott’s choice of words is fascinating. On the face of it he’s suggesting that opposing nuclear power is a faith-based, rather than rational, view. But it is the right’s consistent promotion of a technology that has been shown repeatedly to be too slow, too costly and too risky (see, for instance, here and here) that is underpinned by several right wing articles of faith.

TPP: The dirtiest trade deal you've never heard of


Tobacco giant Philip Morris is suing Australia for billions of dollars in lost profits because the government took action to reduce teenage smoking. Pharmaceutical giant Eli Lilly is suing Canada for $500 million, just because Canada has laws to keep essential drugs affordable.
Worst of all, these cases are happening in secret international courts to which only corporations have access.
Now, details are leaking of two global trade pacts (called the TPP and TTIP) that would massively expand the power of corporations to sue our governments. Countries from the US to Australia and from the EU to Canada are negotiating right now -- and some could be just days from signing up.

Trans-Pacific Partnership: "We Will Not Obey"; Building a Global Resistance Movement

(Truthout) We are in a time of transformational change. The opportunity is here to reverse the destruction wrought by rigged corporate trade agreements and to demand trade that is fair and promotes sustainable practices. There is no reason trade cannot improve the lives of workers and people around the world, as well as protect the planet from the rapacious destruction of corporate greed. We need to insist that people and the planet come before profits.

It is up to us to make this transformation a reality. To do so we must build a broad-based, movement of movements that sends a clear message to Washington, DC: "If you pass the Trans-Pacific Partnership, we will not obey."

The Obama administration has made it a priority to have the Trans-Pacific Partnership (TPP) completed by the end of the year. The TPP is the largest trade agreement negotiated since the World Trade Organization (WTO). It covers 12 countries so far and includes provisions that reach beyond issues of trade. The full contents of the TPP are unknown because it has been negotiated with unprecedented secrecy; however, it is clear from what has been revealed that the TPP gives transnational corporations the power to alter our laws down to the local level to enhance and protect their profits.