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From the Archives | Goldman Sachs Asks ‘Is Curing Patients A Sustainable Business Model?’

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Gilead Sciences’ 90 percent cure rate of hepatitis C will reportedly send its sales plunging from $12.5 billion in 2015 to less than $4 billion this year.

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CBS Local, New York, NY

April 12, 2018 | Investment banking giant Goldman Sachs is reportedly asking some very cold questions about the healthcare industry and whether it’s a good business move to cure diseases.

In an April 10 financial report titled “The Genome Revolution,” company analysts allegedly posed the question “is curing patients a sustainable business model?” The report broke down the pros and cons of new gene therapy treatments being worked on by biotech companies. Turning the search for medical remedies into a numbers game, analyst Salveen Richter called potential “one shot cures” a bad business decision that will hurt a company’s bottom line.

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How to Dismantle the Absurd Profitability of Nuclear Weapons

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A new report from PAX, a Dutch peace organization, both illuminates how profitable it can be for multinational corporations to manufacture Armageddon and provides a roadmap for taking the money out of mass death.


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Jon Schwarz, the Intercept

May 4 2019 | The Bulletin of the Atomic Scientists currently has its Doomsday Clock set to two minutes to midnight — the closest we’ve been to self-obliteration in nuclear history.

But nuclear weapons are more than just a terrifying threat to every living thing on earth. For decades, they’ve been a terrific way to make money.

Jon Schwarz worked for Michael Moore’s Dog Eat Dog Films and was a research producer for Moore’s “Capitalism: A Love Story.” He’s contributed to many publications, including the New Yorker, the New York Times, The Atlantic, the Wall Street Journal, Mother Jones, and Slate, as well as NPR and “Saturday Night Live.”
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David Culver, Publisher and Editor, Evergreene Digest <http://evergreenedigest.org>

Amazon and McDonald’s top ‘Dirty Dozen’ list of dangerous firms

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  • Besides Amazon and McDonald’s, the rest of the Dirty Dozen were:
  • Related: The Problem Isn’t Robots Taking Our Jobs: It’s Oligarchs Taking Our Power.

Mark Gruenberg, People's World



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https://www.peoplesworld.org/wp-content/uploads/2019/04/Amazon-Employee-Warehouse-Ross-D.-Franklin-file-AP-640x480-461x346.jpgSpring, 2019 | Two of the nation’s largest, most-powerful and most-well-known corporations, Amazon and McDonald’s, are among the “Dirty Dozen” firms on the latest list of job safety and health lawbreakers unveiled April 25 by the National Council on Occupational Safety and Health (NACOSH).

And, not coincidentally, both are fiercely resisting current union organizing drives and by the Fight for 15 and a Union movement at Amazon warehouses and McDonald’s eateries.

https://www.peoplesworld.org/wp-content/uploads/2009/09/200x262shearon.jul10-200x200.jpg/ Mark Gruenberg is head of the Washington, D.C., bureau of People's World. He is also the editor of Press Associates Inc. (PAI), a union news service in Washington, D.C. that he has headed since 1999.

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Related:

The Problem Isn’t Robots Taking Our Jobs: It’s Oligarchs Taking Our Power. Adam Simpson, the Next System / Portside

https://portside.org/sites/default/files/styles/large/public/field/image/robots2.jpgUltimately, the better advice for workers seeking to avoid “disruption” is to become the agents of disruption themselves.

 

 

 


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Special Report | US Banks Still Foster Fossil Fuel Projects, Renege on Renewable Energy.

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Part 1: US Banks Pledged to Fund Renewable Energy, But They Still Spend Way More on Fossil Fuels.
In the years since the Paris climate agreement, banks have paid $1.9 trillion to finance fossil fuels.
Part 2: 'Radical Agents of Physical and Social Chaos': Campaigners Target Big Banks Over Destructive Fossil Fuel Projects
"It is simply nuts for banks to keep financing the ongoing destruction of the planet's climate."

Compiled by David Culver, Ed., Evergreene Digest <http://evergreenedigest.org>

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Help us tell more of the stories that matter from voices that too often remain unheard.

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Part 1: US Banks Pledged to Fund Renewable Energy, But They Still Spend Way More on Fossil Fuels.
https://www.motherjones.com/wp-content/uploads/2019/03/FossilBanks1.jpg?resize=990,556 / Scott Olson/Getty

A new study shows that in the years since the Paris climate agreement, banks have paid $1.9 trillion to finance fossil fuels.

Marisa Endicott, Mother Jones

March 28, 2019 | Each year since the Paris climate agreement, major world banks have increased their financing of fossil fuels, pouring $1.9 trillion into the industry from 2016 through 2018. And, it turns out, US banks are the worst offenders, according to a recent report published by a group of environmental organizations.

“The sad reality is that the fossil fuel sector has only grown since Paris,” says Patrick McCully, climate and energy director for the Rainforest Action Network and one of the report’s authors. “The banks are following what the industry is doing, and the industry’s able to expand because it’s able to keep getting capital from the banks…It’s just this really alarming, really terrifying dynamic going on worldwide.”

https://www.motherjones.com/wp-content/uploads/2018/12/EndicottMarisa.jpg?resize=64,64 / / Marisa Endicott <>is a Ben Bagdikian editorial fellow in San Francisco.

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Part 2: 'Radical Agents of Physical and Social Chaos': Campaigners Target Big Banks Over Destructive Fossil Fuel Projects

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/ Climate campaigners protested JPMorgan Chase's fossil fuel investments at a San Francisco branch in May of 2018. (Photo: Antonia Juhasz/Twitter)

"It is simply nuts for banks to keep financing the ongoing destruction of the planet's climate."

Jessica Corbett, Common Dreams.

Tuesday, April 09, 2019 | Environmental campaigners this week are pressuring a pair of big banks to stop pouring billions of dollars per year into destructive fossil fuel projects that drive the global climate crisis.



"Bankers are acting as radical agents of physical and social chaos; it's time for them to pull back and pay attention to science and society." —Bill McKibben, 350.org



A coalition of more than 100 groups sent a letter (pdf) to Bank of America CEO Brian Moynihan on Tuesday urging him "to refrain from any further financing of the Atlantic Coast Pipeline (ACP) and to urge other financiers to do the same."

Jessica Corbett is a staff writer for Common Dreams.

Full story …

Related:

It’s Time to Try Fossil-Fuel Executives for Crimes Against Humanity. Kate Aronoff, Jacobin Magazine

http://climatenewsnetwork.net/wp-content/uploads/2016/05/CROP-deepwater-spill-800x400.jpg / The Deepwater Horizon oil spill in the Gulf of Mexico in 2010 Image: EPI2oh via Flickr

  • It isn't hyperbole to say that fossil-fuel executives are mass murderers. We should put them on trial for crimes against humanity.
  • Related: Brace for Impact, as the Climate "End Game" Has Arrived.


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Chris Hedges and Vandana Shiva: The Fight for Life VS Monsanto/Bayer AG

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 / Image by OccupyReno MediaCommittee via Flickr

  • In this conversation with Chris Hedges, environmental activist and author, Vandana Shiva, talks about Monsanto/Bayer AG and other big AG players interests in India and her fight to protect life forms, seed varieties and farmers.
  • Related: It’s Time to Try Fossil-Fuel Executives for Crimes Against Humanity.

Chris Hedges, RT America / Dandelion Salad


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30 Mar 2019 | This week Monsanto/Bayer AG was ordered by a California federal court to pay $80 million to Edwin Hardeman after a jury found its weed killer, Roundup, caused his cancer. The case is just one of thousands of lawsuits filed against the company over plaintiff’s use of the glyphosate-based herbicide.

In 2015, the World Health Organization classified glyphosate as probably carcinogenic to humans. The Food and Drug Administration has concluded the herbicide is not likely carcinogenic to humans. In August 2018, a jury in California state court awarded a school’s groundskeeper, Dewayne Johnson, nearly $289 million in damages. The verdict was later reduced to $78 million and is on appeal.

http://evergreenedigest.org/sites/default/files/Vandana%20Shiva.jpgVandana Shiva: scholar, environmental activist, food sovereignty advocate, and alter-globalization author.


http://evergreenedigest.org/sites/default/files/Chris%20Hedges_0.jpgChris Hedges, a weekly columnist for Truthdig, is a Pulitzer Prize-winning journalist who has reported from more than 50 countries, specializing in American politics and society.

Full story …

Related:

It’s Time to Try Fossil-Fuel Executives for Crimes Against Humanity. Kate Aronoff, Jacobin Magazine

http://climatenewsnetwork.net/wp-content/uploads/2016/05/CROP-deepwater-spill-800x400.jpg The Deepwater Horizon oil spill in the Gulf of Mexico in 2010 Image: EPI2oh via Flickr

  • It isn't hyperbole to say that fossil-fuel executives are mass murderers. We should put them on trial for crimes against humanity.
  • Related: Brace for Impact, as the Climate "End Game" Has Arrived.

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Help expand your impact by forwarding this story to any friends looking to get involved.

 

 

From the Archives | The Business of War is the Cause of War

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  • No one actually wants war. People want peace, and to see their children grow. Wars, although they may appear, are not fought between people. They are fought between military industrial factions and alliances warring for domination and control.
  • Related: Special Report | 2020 Trump Budget: A Disturbing Vision of Guns Over Butter
  • Related: How America Can Free Itself From Wall Street

Sergey Baranov <> and Ethan Indigo Smith, Waking Times


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https://c81s22ku6ih1er8af18cv13c-wpengine.netdna-ssl.com/wp-content/uploads/2015/08/iAMerican-Flag-Militray-Industrial-Complex-300x159.png / August 7, 2015 | If you objectively and consistently observe the mainstream media and its interpretation of global events, its omissive and deceptive character soon becomes abundantly clear. This could hardly be called incompetence. The coverage, which is popularly called “news,” is in fact nothing but a propaganda mechanism, designed to persistently shape public opinion in favor of war.

Who benefits from war?

Certainly not the people on the warring sides. People always suffer in war; their futures ruined and their lives destroyed. In fear, they look to their government to protect them, the very same government that is invested in war. War is a dirty business that profits off death and destruction while generating blood money for the profiteers. The people are told to look the other way, outside of their country – where the ‘enemy’ supposedly resides.

Sergey Baranov is the author of Path: Seeking Truth in a World of Lies.

Activist, author and Tai Chi teacher, Ethan Indigo Smith (is) guided by a keen sense of integrity and humanity. (His) work is both deeply connected and extremely insightful, blending philosophy, politics, activism, spirituality, meditation and a unique sense of humour

Full story …

Related:

Special Report | 2020 Trump Budget: A Disturbing Vision of Guns Over Butter, Compiled by David Culver, Ed., Evergreene Digest

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Story 1: 2020 Trump Budget: A Disturbing Vision * Story 2: Trump's FY2020 Budget Request Bloats Militarized Spending—and Slashes Actual Human Needs * Story 3: The Pentagon’s Bottomless Money Pit, * Related: From the Archives | The Business of War is the Cause of War.

Related:

How America Can Free Itself From Wall Street, Ellen Brown, Truthdig.com


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  • Wall Street owns the country.
  • Related: Central Banks Have Gone Rogue; The Contagion Has Spread To Democracy Itself.
     

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The Prescription Drug Landscape, Explored

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  • A look at retail pharmaceutical spending from 2012 to 2016
  • Where Do Prescription Drug Dollars Go?

Pew Charitable Trusts
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https://www.pewtrusts.org/-/media/files/digital_logo_v3.png / March 8, 2019 | Americans spend more on prescription medications each year than the citizens of any other country. Measuring drug spending remains a challenge, however, because of limited public data on how much the various payers and supply chain intermediaries pay for prescription drugs.



While the total cost of (retail prescription drug coverage) coverage has increased, patient out-of-pocket spending has remained stable in recent years, due in part to increased insurance coverage and manufacturer assistance, such as the Part D coverage gap discount and copay coupons.



Americans spend more on prescription medications each year than do the residents of any other country. Key findings, charts, and graphics break down the impact along the drug supply chain.

Pew Charitable Trusts uses evidence-based, nonpartisan analysis to solve today's challenges.

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How corporate America invented ‘Christian America’ to fight the New Deal

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/ President Richard Nixon and the evangelist Billy Graham, 1970. (Photo: Bettmann / Corbis)

Ministers cooperated with big business to formulate an ideology that the New Deal was a threat to traditional American Christian values of free enterprise and individualism while promoting the false pagan deity of statism.

Ron Briley, History News Network / Church and State

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http://churchandstate.org.uk/wordpressRM/wp-content/uploads/2015/03/in-god-we-trust.jpg 23 March 2016 | The 2016 annual meeting for the Organization of American Historians (OAH) will feature a session focusing upon the provocative book One Nation Under God by Princeton history professor Keven M. Kruse. In One Nation Under God, Kruse argues that the idea of the United States as a Christian nation does not find its origins with the founding of the United States or the writing of the Constitution. Rather, the notion of America as specifically consecrated by God to be a beacon for liberty was the work of corporate and religious figures opposed to New Deal statism and interference with free enterprise. The political conflict found in this concept of Christian libertarianism was modified by President Dwight Eisenhower who advocated a more civic religion of “one nation under God” to which both liberals and conservatives might subscribe.

Kruse concludes that with the polarization of America in the 1960s over such issues such as school prayer and the war in Vietnam, politicians such as Richard Nixon abandoned the more inclusive civic religion of the Eisenhower era. Kruse writes that by the 1970s “the rhetoric of ‘one nation under God’ no longer brought Americans together; it only reminded them how divided they had become” (274). Arguing that public religion is a modern invention that has little to do with America’s origins, Kruse maintains that contemporary political discourse needs to better recognize the political ideology being perpetuated by the advocates of America as a Christian nation. Needless to say, Kruse’s arguments will antagonize many on the Christian right, as well as many on the left who have employed Christianity as the means through which to implement principles of equality and opportunity as extolled by Jesus of Nazareth, the working-class carpenter.

Ron Briley is a film historian who retired from teaching history after 37 years at Sandia Prep School in Albuquerque, New Mexico. He also taught history for 20 years as an adjunct professor at the University of New Mexico Valencia campus.

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