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.
Health insurers want you to keep smoking, Harvard doctors say
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?"
(Image: cigarette, a Creative Commons Attribution photo from SuperFantastic's Flickr stream)
Rep. Beto O’Rourke [D-El Paso] raised over $2.1 million last quarter for a Senate race against bad person Ted Cruz [R-Satan’s Asshole], in the form of 46,574 donations, primarily from in-state donors, with $0 coming from PACs.
Of all the press-stops I did on my tour for my novel Walkaway, I was most excited about my discussion with Katherine Mangu-Ward, editor-in-chief of Reason Magazine, where I knew I would have a challenging and meaty conversation with someone who was fully conversant with the political, technological and social questions the book raised.
On my first day at Michigan State University in 1992, a fellow student called me a “liberal” and I was shocked: as a Canadian who was often to the left of the social-democratic New Democratic Party, I identified “liberal” with the Liberal Party, a centre-right political party that had once imposed martial law in Canada.
Just because English has become the common global tongue doesn’t mean it’s the easiest language to write—even for native speakers. If you’re looking to improve your written communication skills, especially on your smartphone, take a look at Ginger Page.Ginger is a cross-platform app that offers corrections for phrasing as well as grammar. It’s powered by […]
The current web development landscape is rife with buzzwords and technology that gets abandoned almost as soon as it’s made. If you’ve never written a line of code before, it can be hard to figure out what’s coming, what’s here to stay, or how to get ahead.This Beginner Web Development Bundle is a great place […]
The Fader Stealth Quadcopter from TRNDlabs packs incredible flight performance into a package small enough to land on your phone screen, and it’s available now in the Boing Boing Store.The Fader’s six-axis gyroscope module gives it perfect balance in the air. This makes the onboard 720p HD camera all the better for shooting amazing flight […]