Health insurers around the world collectively hold $4.5 billion worth of tobacco industry stock, according to a new study. The Consumerist has great highlights on the story, including this killer quote from the study's co-author, David Himmelstein, "[It's] the combined taxidermist and veterinarian approach: either way you get your dog back." Also: Toronto's Sun Life financial lied and said it didn't have any tobacco stock -- it has over $1 billion.
Why is it a big deal? "If you own a billion dollars [of tobacco stock], then you don't want to see it go down," says Himmelstein, "You are less likely to join anti-tobacco coalitions, endorse anti-tobacco legislation, basically, anything most health companies would want to participate in."...
But with $4.5 billion still invested in Big Tobacco, many insurers are reaping profits from a cancer-causing industry. As Himmelstein puts it, "Is this who we want running our healthcare system?"
A Reuters/Ipsos poll found that more than 50% of U.S. voters believe the system that American political parties use to select their candidates for President is “rigged.” Over two-thirds of those polled want to see the process changed.
Republican presidential candidate Ted Cruz, embarking on a new phase of his campaign after it became impossible to beat Donald Trump in the first round of voting at this summer’s Republican convention, is to name Carly Fiorina as his running mate.
A Harvard University survey found that among adults between 18 and 29 years of age, 51 percent “do not support capitalism.” 42 support it, reports The Washington Post. A third say they support socialism as an alternative. The survey is “difficult to interpret” due to the simplicity of choices and their lack of definition, say […]
Isn’t it about time to stretch what your Mac can do? I mean, you’ve got plenty of great programs now…but don’t you think you could use some new tools to get your creative, analytical and organizational juices really flowing? It’s spring, so we cleaned up a whole bunch of super-cool apps lying around and packaged […]
In the world of app development, there’s no greater arena to find success than with Android users. About 80% of the smartphones in use today worldwide operate on the Android operating system, so if you build a great app that Android users love, you’re an international rock star. You’ll be able to make sure your […]
Unless you’re a programmer or webmaster, the term SQL probably doesn’t mean much to you. But for those looking to understand more about how and why the web works the way that it does, know this – SQL and its process of managing and presenting large data sets is everywhere…and it’s the most in-demand programming […]