When your doctor tells you your prescription is approved by the American Medical Association (AMA), it’s intended to give you confidence. But what it really means is that the drug or procedure is endorsed and funded by the same corporations that endorse and fund Genetically Modified Organisms (GMOs) and other products that are harmful to your health. In fact, the AMA is in part financed by Pfizer, which owns Monsanto, the company that manufactured controversial and proven-to-be-dangerous products such as the insecticide DDT, PCBs, Agent Orange, and recombinantbovine somatotropin (a.k.a. bovine growth hormone) and is now the largest manufacturer of genetically modified seeds and the herbicide glyphosate, which GMO’s require. This is only one of the insidious connections between the AMA and corporations that cause, and prosper from, your ill health.
Why Can’t the US Arrest Our Corrupt Bankers Just as Iceland Arrests Their Corrupt Bankers?
Way to go Iceland! You are an example for all civilized countries to emulate:
“The truth of the matter is… No one, except the Icelanders, have to been the only culture on the planet to carry out this successfully. Not only have they been successful, at overthrowing the corrupt Gov’t, they’ve drafted a Constitution, that will stop this from happening ever again. “That’s not the best part… The best part, is that they have arrested ALL Rothschild/Rockefeller banking puppets, responsible for the Country’s economic Chaos and meltdown. Last week 9 people were arrested in London and Reykjavik for their possible responsibility for Iceland’s financial collapse in 2008, a deep crisis which developed into an unprecedented public reaction that is changing the country’s direction…”
There’s a lot of cash on the sidelines, but those sidelines aren’t in the U.S. They’re overseas—in tax shelters.
According to a new report from ISI Research, U.S. S&P 500 companies now have $1.9 trillion parked outside the country. Now, some of that is just multinational corporations profits overseas—yada, yada, yada, globalization. But a big part of it is tax avoidance. Tech and healthcare companies in particular have created byzantine systems of subsidiaries to channel earnings from high-tax to low-tax jurisdictions. Apple, as you might recall, figured out how to legally avoid paying any corporate income tax anywhere on its $30 billion of overseas profits. It set up Schrödinger’s shell company: an Irish subsidiary that didn’t owe Irish taxes because it was managed and controlled from the U.S., but didn’t owe U.S. taxes because it was incorporated abroad.
You can see how steadily these corporate cash hoards have increased in the chart below. As Dan McCrum points out, it follows a basic power rule: Just 45 companies account for 70 percent of this money.
People want to believe medical science gives us, at any given moment, the best of all possible worlds.
And of course, the best of all possible worlds must have its enemies: the quacks who sell unproven snake oil.
So let’s look at some facts.
As I’ve been documenting for years, the medical cartel has been engaged in massive criminal fraud, presenting their drugs as safe and effective across the board—when, in fact, these drugs have been killing and maiming huge numbers of people, like clockwork.
I’ve cited the review, “Is US Health Really the Best in the World?”, by Dr. Barbara Starfied (Journal of the American Medical Association, July 26, 2000), in which Starfield reveals the American medical system kills 225,000 people per year—106,000 as a direct result of pharmaceutical drugs.
What particularly stood out for me in this report was that the last time I looked at this it was 300 individuals had as much wealth as 42 per cent of the rest of the world population. Now it is 85 and 50 per cent. As history has shown repeatedly when inequality gets to a certain point social violence and disruption occurs. How close do you think we are?
SOURCE: Working for the Few – Oxfam report Source: F. Alvaredo, A. B. Atkinson, T. Piketty and E. Saez, (2013) ‘The World Top Incomes Database’, Only includes countries with data in 1980 and later than 2008.
BANGKOK – It is by no mere coincidence, when telltale evidence of a Mossad role in the MH370 hijack was starting to snowball, that Israel’s embassies and consulates were suddenly shut down due to a “strike by diplomatic staff”. This fork-tongued alibi was obviously meant to prevent law enforcement agencies across Asia and the Western world from questioning Israeli intelligence agents and military attaches about the whereabouts and fate of the hundreds of passengers.
The Jewish state’s diplomatic corps has retreated further into a tortoise shell, perhaps because of the hammer blow from investigative journalist Christopher Bollyn, who previously exposed Israel’s hand behind the 911 attacks. Based on eyewitness reports from a network of plane watchers in Europe and in Israel, Bollyn reports that an identical production model of the Malaysian Airlines Boeing 777 is being kept out of regular service inside a hangar at Tel Aviv Airport.
Seattle-based Boeing assembles aircraft in pairs as its standard practice, but the question is how one jet was leased by Malaysia’s national carrier while the matching plane was secretly turned over to the Israeli government without a purchase order from state-run El Al airlines.
Bollyn uncovered the fact that the two jets were delivered to a third-party company, whose top manager has a longtime connection with the George Soros. From the timeline of events, it is obvious that the plane transfers and subsequent electronic hijacking were part of a larger strategy, which was aimed at:
That any schoolkid could predict eliminating feedback and consequences will lead to a series of disastrously poor choices by speculators and imprudent borrowers doesn’t register with the Keynesian Cargo Cult.
Nuclear energy is clearest example we have of profit for the few trumping the wellbeing of the many. There is no need for this technology. When its true costs are calculated it is absurdly expensive and, nothing about it is unique except its exceptional danger and toxicity. Logically this technology should have been abandoned with the end of the cold war. But ! zombie-like it endures.
The indicators invented in the twentieth century were among the most important innovations of their time. But in a world where anyone with a smartphone can access more data than a team of statisticians could in 1950, governments, businesses, and individuals must embrace the power to design their own bespoke indicators. The questions need to be specific, and the answers must take into account the limits of any data. But the result would be a welcome liberation from abstract and misleading notions about the economy.
Minsky had a theory, the “financial instability hypothesis”, arguing that lending goes through three distinct stages. He dubbed these the Hedge, the Speculative and the Ponzi stages, after financial fraudster Charles Ponzi. In the first stage, soon after a crisis, banks and borrowers are cautious. Loans are made in modest amounts and the borrower can afford to repay both the initial principal and the interest. As confidence rises banks begin to make loans in which the borrower can only afford to pay the interest. Usually this loan is against an asset which is rising in value. Finally, when the previous crisis is a distant memory, we reach the final stage – Ponzi finance. At this point banks make loans to firms and households that can afford to pay neither the interest nor the principal. Again this is underpinned by a belief that asset prices will rise.