Between 2010 and 2016, the FDA approved 210 new medicines and every single one was produced at public expense, part of a $1T US government investment project in medical research. Despite this massive public subsidy, the pharma industry has only grown more concentrated and rapacious, raising prices and diverting the profits to their execs and investors, who now pocket 99% of industry profits: the industry made $500B in profits between 2006 and 2015, and during that time, the US government pumped $33b/year into pharma research.
Uber says it can be profitable someday: all it needs to do is corner the "total addressable market" for all transportation and food delivery, which will give it $12t in annual revenue, which is 15% of all global transactions.
In 2015, a deep investigative report from Inside Climate News revealed that as early as 1977, Exxonmobil knew that it was destroying the planet with CO2 emissions, and its response to that fact was to gin up a decades-long disinformation campaign aimed at sowing expensive doubt about the subject, even as it grew more certain of its facts.
As the Hong Kong uprising hits its sixth week, the island is running out of protective gear to guard the surging protesters against police violence; in response, Hong Kongers in Taiwan and Taiwanese sympathizers have been bulk-shipping helmets, gas masks and other materiel (as well as cash) to the protesters (in Kaohsiung, Taiwan, queues formed as people waited to make donations).
A French neonatal specialist named Dr Arnaud Gagneur has created a "vaccine counselling" program within Quebec's health-care system that uses a non-judgmental technique called "motivational interviewing" with parents of newborns to allay their fears about vaccines.
Some medieval mystics did not bathe as part of a self-scourging ritual, and some medieval sources warned against "excessive" bathing (by which they meant, "patronizing co-ed bathhouses where orgies took place" not "avoiding getting clean"), and some non-medieval, 16th and 18th century doctors warned that bathing was bad for you, but they weren't medieval. — Read the rest
The Commonwealth of Massachusetts is not the first state to sue Purdue Pharma, members of the Sackler family (who own the company), and other board members for their role in deliberately seeking to addict people to their powerful opioid Oxycontin, but unlike other states, Massachusetts is conducting the suit in the public eye, targeting a court judgment rather than a quiet settlement with an accompanying gag-order.
Private equity firms like Blackstone and KKR have acquired massive health companies like Teamhealth and Emcare, which bill out doctors to the hospitals they work for, taking those doctors out of the hospitals' insurance agreements and massively hiking their fees — that's why when you go to a hospital, even one that's covered by your insurer, you still end up with massive surprise bills for your care.
Article 31 of the Russian constitution guarantees the right to peaceful political assembly, which is why Russian opposition protesters like to wave copies of the constitution around as Putin's goon-squads descend on them to dole out savage beatings and mass arrests.
"It's hard to sum up what happened tonight. But most of it was a bunch of guys with no chance to win the Democratic nomination yelling Republican talking points at the people who can. It was like watching the seven dwarves offering Snow White a poison apple."
After weeks of mass demonstrations touched off by the publication of a trove of leaked chats and evidence of mass corruption by Puerto Rico's Center for Investigative Journalism, Ricardo Rossello has done what he swore he would not: resigned.
Formations House is a London "financial services" firm that has been implicated in some of the world's most notorious money-laundering and fraud schemes, a company that has formed more than 400,000 companies, trusts and partnerships for its customers, many of them prefabricated, anonymous "shelf companies" that have been used to disguise the parties behind breathtaking frauds, some perpetrated by corrupt heads of state.
The hundreds of men dressed in white who beat up Hong Kong pro-democracy protesters last week were thought to be affiliated with the notorious triad organized-crime gangs, but according to the AP, the triads' main role in the violence was to round up people in "rural areas" like Yuen Long and paying them to participate in the beatings.
By Facebook's own admission, more than 10 billion of the 12 billion Facebook accounts ever created have been fake; Facebook's growth has stalled out in high-income countries like the USA (where the company is actually losing users), and the majority of growth the company posted in 2018 came from "India, Indonesia, and the Philippines," which also happen to be places where Facebook says it has "meaningfully higher" rates of fake account creation, exacerbated by "episodic spikes" of fake accounts.
Two weeks ago, Puerto Rico's Center for Investigative Journalism published one of the most consequential investigative stories in the island's history: a trove of leaked private Telegram chats between Governor Ricardo Rossello and his most senior advisors and officials, in which the group use crude, homophobic and misogynist labels to mock and degrade opposition figures, Puerto Rican celebrities, and the people of Puerto Rico as they struggled with the aftermath of hurricanes Maria and Irma, left to swelter and die by a local and national government that had abandoned them.
The Sackler family got richer than the Rockefellers by marketing Oxycontin in ways that kickstarted the global opioid epidemic, whose body count continues to rise — more than 200,000 dead in the US alone, which is more Americans than died in the Vietnam war.
Elizabeth Warren's bid for the Democratic 2020 presidential nomination has been dominated by a series of bold, detailed policy proposals that are designed to enact deep, structural changes in American law and policy to reverse 40 years of post-Reagan corruption and wealth accumulation by the richest 1%.
For more than a month, Hong Kong has been rocked by an escalating series of public demonstrations that have persisted in the face of violent police suppression tactics; the demonstrations were kicked off when Hong Kong's puppet regime — elected after China banned pro-independence candidates from standing in local government races — proposed a new rule that would make it simple for Beijing to demand the extradition of political dissidents to mainland China, where torture and arbitrary detention of political prisoners is the norm.
In 1905, Friedrich "Bone Spurs" Trump — grandfather of Donald — dodged the Bavarian draft and was ordered deported by Luitpold, the prince regent of Bavaria. Friedrich Trump sent Luitpold a letter groveling and begging not to be deported. Prince Luitpold deported him anyway.
