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The same strategy that Martin Shkreli used to get away with a 5,000-percent price increase on an old drug is used by many other drugmakers. Before the price hike that made him infamous, the former CEO of Turing Pharmaceuticals had to ensure that no competitor would be able to launch a cheaper version of Daraprim, the 60-year-old anti-infection pill that is no longer under patent. Shkreli had the perfect weapon: a tightly-controlled distribution system which would make it virtually impossible for a competitor to obtain enough Daraprim to develop their own version. Many larger drugmakers have also turned drug distribution into a powerful tool against competition. The strategy takes advantage of a simple fact: If generic drugmakers can't get their hands on the original product, they cannot perform the tests needed to develop a generic version. When the original drugmaker controls the drug's distribution, they can simply refuse to sell. The effect on patients is higher prices for drugs. At least 40 drugs worth an estimated $5.4 billion are sheltered from competition by distribution hurdles, according to a study commissioned by the Generic Pharmaceutical Association, an industry trade group. The Food and Drug Administration is aware of the misuse of distribution programs. The agency does not penalize companies for the practice.
Note: For more excellent information on drug prices hikes, read this penetrating article in the Daily Beast. For more along these lines, see concise summaries of deeply revealing big Pharma profiteering news articles from reliable major media sources.
One woman established a new law to prevent child marriage, and is enforcing it with serious gusto. Theresa Kachindamoto, senior chief in the Dedza District in Central Malawi, was tired of seeing 12-year-old girls walking around with babies on their hips. She decided to take a stand and made 50 of her sub-chiefs sign an agreement to end child marriage in her area of authority. “I told them: ‘Whether you like it or not, I want these marriages to be terminated,’” Kachindamoto [said]. But she didn’t stop there: She made the leaders annul any existing underage unions, and send all of the children involved back to school. While marrying under age 18 in Malawi has been illegal since early 2015, children can still be married under so-called “customary law,” meaning with parental consent and overseen by traditional leaders. When four male chiefs continued to approve underage marriages, Kachindamoto suspended them as a warning to others, only hiring them back once they confirmed they had annulled the unions. “First it was difficult, but now people are understanding,” she said to the outlet. To ensure children are not being pulled out of school, Kachindamoto operates a secret network of parents to keep an eye on others. And when parents can’t afford to pay school fees, she’ll pay them herself or find someone else who can. In June alone, she annulled more than 300 child marriages, according to the organization. And over the past three years, the figure reaches close to 850.
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Which presidents have asked about UFOs? Does the president have the security clearance to know about UFOs? What happens if extraterrestrials show up? Most people in Washington don't know how to answer those questions. But Stephen Bassett, America's only registered lobbyist on UFO and extraterrestrial issues, is convinced that the government has this information and it's only a matter of time before the president "announces to the American people that we're not alone." This ... moment, known among some UFO enthusiasts as the "disclosure," will officially confirm that "there are extraterrestrials, not only elsewhere, but engaging us now." In 1995, when he read Abduction: Human Encounters With Aliens ... Bassett concluded that there was already enough scientific evidence "to confirm the ET presence many times over. The problem was political." So in 1996 he registered as Washington's first ET issue lobbyist. In 1999 he followed up by forming the Extraterrestrial Phenomena Political Action Committee. Though he's the only UFO lobbyist, Bassett is not the only earthling inside the Beltway intrigued by the concept. Ronald Reagan and Jimmy Carter both claimed to have had UFO experiences. [And] in 1995, President Bill Clinton declassified millions of military and intelligence records. Ever since something crashed in Roswell, New Mexico, in 1947, the US government has investigated interplanetary craft with varying levels of official acknowledgment.
Note: For more along these lines, see concise summaries of deeply revealing UFO cover-up and disclosure news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
Two Roman Catholic bishops who led a central Pennsylvania diocese helped cover up the sexual abuse of hundreds of children by more than 50 priests or religious leaders over a 40-year period, according to a grand jury report issued on Tuesday. The 147-page report on sexual abuse in the Altoona-Johnstown diocese was based partly on evidence from a secret diocesan archive uncovered through a search warrant executed in August, said Pennsylvania’s attorney general, Kathleen Kane. [Bishop James] Hogan covered up abuse allegations by transferring offending priests, including by sending one accused clergyman to a school for boys. One diocesan official under Hogan, Monsignor Philip Saylor, told the grand jury that church officials held such sway in the eight-county diocese that “the police and civil authorities would often defer to the diocese” when priests were accused of abuse. [Bishop Joseph] Adamec ... worked harder to hide or settle allegations of abuse than to sanction the priests accused of committing them. The bishop created a “pay-out chart” to help guide how much victims would receive from the church. Victims fondled over their clothes were to be paid $10,000 to $25,000; fondled under their clothes or subjected to masturbation, $15,000 to $40,000; subjected to forced oral sex, $25,000 to $75,000; subjected to forced sodomy or intercourse, $50,000 to $175,000. The US Conference of Catholic Bishops estimates that American dioceses have paid nearly $4bn ... to settle claims with victims.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this sad subject in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Just two days after Norma’s husband of 67 years passed away, she was diagnosed with uterine cancer. Doctors gave her the options of surgery, radiation or chemotherapy. She decided she would forgo any treatment, telling the doctors, “I’m 90 years old, I’m hitting the road.” Norma’s son, Tim, and daughter-in-law, Ramie, are full-time RVers. Since Norma couldn’t live at home alone without her husband, they invited her to join them on the road. Six months later, the three of them, along with their poodle Ringo, are enjoying the trip of a lifetime. Ramie, who spoke for the family, said that Norma is a set of fresh eyes on this indefinite road trip. “She’s very quiet and humble, and then she has this streak of adventure that surprises us.” Adventure is right. After leaving Northern Michigan in August, their first big stop was Mt. Rushmore in South Dakota. From there, they traveled to Yellowstone National Park and then onto the Rocky Mountains. All the while, they've been documenting their adventure on the Driving Miss Norma Facebook page. Norma’s favorite activity was riding in a hot air balloon in Florida, a Christmas gift from Tim and Ramie. Ramie told ABC News that Norma is feeling better than ever. “She continues to surprise us on this trip," she said. "She’s getting healthier, I think, from eating well and being outside a lot. She’s breathing fresh air and getting to see new things all the time. The trio hopes that Norma’s story will help other families to start conversations about end-of-life plans.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
An investigation into the Jimmy Savile sex abuse scandal cleared the BBC of wrongdoing Thursday, even as it painted a damning portrait of an institution where employees were afraid to raise even serious concerns about sexual misconduct for fear of upsetting celebrity talent or making the corporation look bad. Savile, a BBC television presenter and popular charity figure who died in October 2011, is believed to be one of Britain's most prolific sex offenders, often targeting minors. “Celebrities were treated with kid gloves and were virtually untouchable,” said Janet Smith, a former Court of Appeal judge who conducted the inquiry, describing a BBC culture of not wanting to “rock the boat.” Smith said 117 people at the BBC admitted they had heard rumors about Savile, who abused victims on BBC premises, including the venues where his programs “Top of the Pops” and “Jim'll Fix It” were shot. Smith's review said the Savile abuse incidents dated all the way back to 1959. She identified 72 victims of Savile, both male and female. One was only 8 years old. But girls who raised concerns about Savile were treated as a “nuisance.” In one case in 1969, a girl who was molested on the “Top of the Pops” program while standing next to Savile on the podium was “ejected from the building.” The inquiry also concluded that another BBC star, sports presenter Stuart Hall, 86, also used his celebrity to shield his activities, often plying his victims with alcohol. The Hall investigation ... found 21 victims.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this sad subject in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Federal officials are preparing to enforce an 86-year-old ban on importing goods made by children or slaves under new provisions of a law signed by President Barack Obama. "This law slams shut an unconscionable and archaic loophole that forced America to accept products made by children or slave labor," said Sen. Ron Wyden, an Oregon Democrat who worked on the legislation. The Tariff Act of 1930, which gave Customs and Border Protection the authority to seize shipments where forced labor was suspected and block further imports, was last used in 2000, and has been used only 39 times all together largely because of two words: "consumptive demand" - if there was not sufficient supply to meet domestic demand, imports were allowed regardless of how they were produced. The Trade Facilitation and Trade Enforcement Act signed by Obama on Wednesday eliminated that language, allowing stiffer enforcement. To start an investigation, Customs needs to receive a petition from anyone - a business, an agency, even a non-citizen - showing "reasonably but not conclusively" that imports were made at least in part with forced labor. A Labor Department list of more than 350 goods produced by child labor or forced labor provides a detailed breakdown that human rights groups plan to use as they petition the government to take action.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
When Supreme Court Justice Antonin Scalia died 12 days ago at a West Texas ranch, he was among high-ranking members of an exclusive fraternity for hunters called the International Order of St. Hubertus, an Austrian society that dates back to the 1600s. The names of the 35 other guests at the remote resort [remain] largely unknown. Members of the worldwide, male-only society wear dark-green robes emblazoned with a large cross. Some hold titles, such as Grand Master, Prior and Knight Grand Officer. Cibolo Creek Ranch owner John Poindexter and C. Allen Foster, a prominent Washington lawyer who traveled to the ranch with Scalia by private plane, hold leadership positions within the Order. In 1695, Count Franz Anton von Sporck founded the society in Bohemia, which is in modern-day Czech Republic. The society’s U.S. chapter launched in 1966 at the famous Bohemian Club in San Francisco, which is associated with the all-male Bohemian Grove - one of the most well-known secret societies in the country. In 2010, Poindexter hosted a group of 53 members of the Houston chapter of the International Order of St. Hubertus at the Cibolo Creek Ranch. In a statement after Scalia died, the U.S. Marshals Service said that Scalia had declined a security detail while at the ranch.
Note: Read more about Bohemian Grove and the other strange secret societies populated by the elite.
Johnson & Johnson must pay $72 million to the family of a woman who blamed her fatal ovarian cancer on the company’s talcum powder in the first state-court case over the claims to go to trial. Jurors in St. Louis on Monday concluded J&J should pay $10 million in compensatory damages and $62 million in a punishment award to the family of Jackie Fox, who died of ovarian cancer last year after using Johnson’s baby powder ... for years. It’s the first time a jury has ordered J&J, the world’s largest maker of health-care products, to pay damages over claims that it knew decades ago that its talc-based products could cause cancer and failed to warn consumers. J&J is facing about 1,200 suits claiming studies have linked its Johnson’s Baby Powder and its Shower-to-Shower product to ovarian cancer. Women contend the company knew of the risk and failed to warn customers. J&J marketed its Shower to Shower brand talc for feminine hygiene. One 1988 ad promised “just a sprinkle a day keeps odor away.” Cornstarch has been widely substituted for talc as an absorbent in baby powder and feminine hygiene products. The American Cancer Society advised in 1999 that women use cornstarch-based products in the genital area. J&J, which introduced a baby powder using cornstarch in the 1970s, continues to offer products that include talc. A federal jury in North Dakota found in 2013 that a woman’s use of its talc-based body powder contributed to her developing ovarian cancer, [but] awarded no damages.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.
Newly published classified documents show the National Security Agency spied on a 2010 conversation between Italian Prime Minister Silvio Berlusconi and Israeli Prime Minister Benjamin Netanyahu as the two discussed ways to improve Israel’s relationship with the United States. The Italian-Israeli conversation is included in one of five NSA documents released Tuesday by WikiLeaks. Two of the documents focus on climate change, one relates to trade talks, and two report on Italian government communications. The intelligence reports date from 2007 through 2011, [and] provide additional details on U.S. efforts to spy on countries taking part in the 2009 Copenhagen Climate Change Conference, which failed to reach an agreement. One ... contains details of a confidential discussion about climate change negotiations between U.N. Secretary General Ban Ki-moon and the German Chancellor Angela Merkel in the lead-up to the conference. The NSA report is stamped “U.N. diplomatic,” “German leadership,” and Top Secret Gamma, the “Gamma” indicating an extremely sensitive spying operation. The interception methods stated on the latest leaked intelligence reports are “Unconventional” and “SCS,” which stands for Special Collection Service. SCS involves joint NSA and CIA eavesdropping operations run covertly inside U.S. and allied foreign embassy buildings in foreign capitals.
Note: For more along these lines, see concise summaries of deeply revealing intelligence agency corruption news articles from reliable major media sources.
The head of Colombia's police resigned Wednesday amid accusations of illegal enrichment and sexual misconduct with young cadets that threatened to tarnish the reputation of one of the South American nation's most-prestigious institutions. Gen. Rodolfo Palomino's resignation came a day after Colombia's inspector general opened an administrative probe into the accusations, which surfaced in the media late last year. The accusations against Palomino range from his purchase of a luxury home outside Bogota that was apparently incompatible with his police salary and alleged illegal wiretaps against journalists. But the most damning charges, which have monopolized public attention the past few days, are Palomino's alleged participation in a male prostitution ring, dubbed the "Community of the Ring" by local media, that allegedly forced entry-level cadets to cater to high-ranking officers and even members of congress. Palomino has for months fought accusations by a former colonel that he abused his position for sexual favors years ago. In announcing the probe Tuesday, Inspector General Alejandro Ordonez said authorities obtained testimony and a videotaped conversation from 2008 between a then-senator and police captain that it said corroborates existence of the prostitution ring.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this sad subject in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
A member of a commission set up by Pope Francis to advise him on child abuse says the group is a “token body” exercising in “smoke and mirrors” that won’t help children stay safe from abusive priests. The Pontifical Commission for the Protection of Minors, which Francis set up with much fanfare in 2014, was supposed to issue guidelines for the Vatican on how to deal with child abuse. But the body was never consulted about the training for new bishops on exactly that topic. The problems come as Pope Francis pays a visit to Latin America, [where] the church is accused of reassigning and protecting many alleged predator priests. GlobalPost recently spent a year investigating the international movement of predator priests. We tracked down several priests who were accused of abuse in the United States or Europe, and later transferred to South America, where they continued to celebrate Mass in poor, remote parishes. Earlier this month, the Vatican released its training guidelines for new priests. Veteran Vatican reporter John L. Allen Jr., an associate editor of the Catholic website Crux, wrote about the guidelines in a column last week. The church official who outlined the rules argued that bishops have “no duty to report allegations [of sexual abuse] to the police,” Allen wrote in his column. Furthermore, the commission - which was set up to advise the church on these matters - wasn’t involved in the creation of the guidelines.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this sad subject in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Scientists have identified more than 200 industrial chemicals - from pesticides, flame retardants, jet fuel - as well as neurotoxins like lead in the blood or breast milk of Americans, indeed, in people all over our planet. These have been linked to cancer, genital deformities, lower sperm count, obesity and diminished I.Q.. Medical organizations ... have demanded tougher regulations or warned people to avoid them. They have all been drowned out. Chemical companies, by spending vast sums on lobbying - $100,000 per member of Congress last year - block serious oversight. Almost none of the chemicals in products we use daily have been tested for safety. “Industrial chemicals that injure the developing brain” have been linked to conditions like autism and attention deficit hyperactivity disorder, noted The Lancet Neurology, a peer-reviewed medical journal. Yet we still don’t have a clear enough sense of what is safe, because many industrial chemicals aren’t safety tested before they are put on the market. Meanwhile, Congress has dragged out efforts to strengthen the Toxic Substances Control Act and test more chemicals for safety. The President’s Cancer Panel recommended that people eat organic if possible, filter water and avoid microwaving food in plastic containers. All good advice, but that’s like telling people to avoid cholera without providing clean water. And that’s why we need another public health revolution in the 21st century.
Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world. Then explore the excellent, reliable resources provided in our Health Information Center.
Pediatric cardiologist Dr. Sandra Mattos had been collecting data on 100,000 newborns in the Brazilian state of Paraiba as part of her work. The microcephaly fears linked to the Zika virus drove her team to check back into hospital records for ... more than 1,600 babies born in the state in the last four years. "We were very, very surprised," Mattos said. Babies with mild microcephaly were present in the population dating back to at least 2012. Scientists think the original reports of 4,700 suspected cases were inflated by over-reporting that didn't stand up when specialists examined the babies. Lingering questions remain, including why more than 80 per cent of suspected microcephaly cases are confined to Brazil's northeast region. And why has microcephaly not appeared in other Latin American countries with similar climates, such as among the 2,100 pregnant women infected with Zika in Colombia? In Berlin, epidemiologist Dr. Christoph Zink has been charting publicly available data from the Zika virus outbreak in terms of when cases appeared, the geographic distribution and the continuous microcephaly epidemic. He proposes another potential explanation. "I would ask my toxicological colleagues in Brazil to please look very closely into the practical application of agrochemicals in their country," Zink said. Mattos said pesticides have been raised as a potential factor by her colleagues in Brazil.
Note: Another article describes a doctors group which has stated the increasing microcephaly may be caused by a larvacide. Notice how the media participates in creating fear of Zika around the world. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Health Information Center.
In the Republican presidential debate last Saturday, Ted Cruz laid out a dark scenario to demonstrate the need for a beefed-up missile defence system – the same one Rick Santorum and Ben Carson had raised before him in earlier debates. He said that North Korea was working on a satellite, which could spell doom for America: “As it would orbit around the Earth, and as it got over the United States, they would detonate that nuclear weapon and set off what’s called an EMP, an electromagnetic pulse which could take down the entire electrical grid on the eastern seaboard, potentially killing millions.” The very day before Cruz spoke, in the tatty, cavernous but crowded Expo Idaho Center in Boise, speaker and entrepreneur Ben Gilmore laid out a much more elaborate version of the same catastrophe. Speaking to a rapt audience at prepper expo SurvivalCon, Gilmore pointed to a projected map showing much of the North American continent swathed in a deep red. “An EMP bomb 300 miles up gets all of the United States ... this is the worst-case scenario, and it is the most probable.” But also – in a stroke of luck – Gilmore’s own company, Techprotect, makes “Faraday bags” in which electronic items can be shielded from electromagnetic pulses. This mixture of End Times thinking, geopolitical speculation and rightwing ideology was repeated not only in the other formal presentations, but in conversations on the floor of the Expo Center. The Idaho show showed continuing strong links persist between prepping, religious fundamentalism and the far right.
Note: The above article fails to mention that fear mongering about a possible "rogue state" or "terrorist" EMP attack against the US has been used to push a pro-war agenda since 2005.
Komal Ahmad ... is the founder and CEO of Copia, an online platform that connects businesses with leftover food to local organizations that can distribute that food to people in need. While an undergraduate ... Ahmad was walking down the street when she was approached by a homeless man who asked her for money to buy food. Instead of giving him a few bucks, Ahmad decided to take him out to lunch and discovered that he was an Iraq war veteran. “That hit me like a ton of bricks,” she said, noting that she’d just gotten back from summer training for the U.S. Navy. “It was almost like a glimpse of my future. This was a perfectly educated guy, came from a good family. He was just a person who was down on his luck.” Across the street from where Ahmad and the man had eaten lunch, the university’s cafeteria was throwing out thousands of pounds of leftover food. Right then, the dual problems of hunger and food waste struck her. “Those who have and are wasting and those who need and are starving - and they’re both living quite literally right across the street from each other,” she said. “That’s just ridiculous.” Ahmad launched Feeding Forward, a local service that began ... in 2011 and has since grown into the tech startup Copia, which has now distributed some 600,000 pounds of food to 720,000 people in need. As Copia expands, Ahmad said that she hopes her phone app will set the stage for new platforms that can redistribute a wider array of necessities, like medicine and medical supplies.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The people who really run the world, it turns out, are perfectly capable of silencing the presses. Consider Postmedia, the biggest newspaper chain in the country. It is largely owned by an American hedge fund ... and editorial direction is dictated from corporate headquarters. Advertiser-controlled copy designed to resemble news [takes] up ever more prominent placement. Marty Baron ... took over the Boston Globe back in 2001, [and] ordered the newspaper's investigative unit to go after pedophile priests. The investigation took a year, and produced a scoop of historic proportion - proving church complicity in covering up heinous crimes. Fifteen years later, like most North American newspapers, the Boston Globe is hobbled and shrunken. Defiance has mostly given way to naked fear, as media managers, and not just in newspapers, desperately try to hold onto splintering audiences and plummeting revenue. Baron, now executive editor of the Washington Post, acknowledged the economic forces ripping the business to shreds. But, said Baron, news institutions must place principle ahead of metrics, or our core withers, and we become clickbait hustlers for corporate paymasters. "The greatest danger to a vigorous press today," he [said], "comes from ourselves."
Note: For more along these lines, see concise summaries of deeply revealing news articles about corporate corruption and media manipulation.
California may have closed a chapter in its bitter fight over mandatory vaccines for children, but a new billboard campaign by opponents of the state's pro-vaccination law shows the controversy is far from over. Billboards questioning the safety of vaccines have popped up over the past couple of months from Berkeley and San Francisco to North Fair Oaks. More went up in January in the San Jose area to coincide with Super Bowl 50. The billboards, [which] proclaim that vaccines pose serious health risks ... are the brainchild of Brandy Vaughan, founder of the Council for Vaccine Safety [and former] sales representative for Merck. Vaughan was an outspoken opponent of SB 277. The legislation, signed in June by Gov. Jerry Brown ... eliminated personal belief or religious exemptions to mandatory vaccines for school-age children. Though an effort to repeal the law fell apart, [mandatory] vaccinations continue to be a highly charged and divisive issue across the nation. Vaughan has raised $10,000 online for a dozen billboards in the Bay Area. "We're no longer the land of the free if we give up the choice of what we put in our body," said Vaughan. "My goal is to educate the public and encourage people to do their own research and connect the dots." She calls for tighter government regulation of vaccine-makers and suspects that America's growing vaccination regime is responsible for various health conditions.
Note: Vaughan has been severely intimidated, as she explains in this video. Here's another great video of her. To learn more about her courageous work, see this website and consider donating to her worthy cause. And watch an excellent 11-minute video of highly respected biochemist Garth Nicolson present evidence of the danger of Mycoplasma in vaccines. In a longer video Dr. Nicolson discusses biological warfare agents used against the public.
If you want an example of how bizarre U.S. tax laws can be - and how companies can game the system - look no further than the recently announced deal for Johnson Controls Inc. of Milwaukee to desert our country by combining with a previous corporate deserter, Tyco International PLC. Tyco is run out of Princeton, N.J., but for tax purposes it is based in Ireland, where the combined Johnson Controls PLC will be based. This [is] an especially aggressive transaction that, among other things, will let Johnson game the tax system by handing its shareholders about $3.9 billion in cash in order to get tax-free access to $8.1 billion in cash currently held overseas. Under our tax laws, if a U.S. company combines with a foreign company (or a nominally foreign company such as Tyco), it can play a variety of tax games, provided that the shareholders of the U.S. company own more than 60 percent but less than 80 percent of the stock in the new, combined company. However, the company can play far more games ... if the shareholders of the U.S. company own more than 50 percent of the combined company but less than 60 percent. By being in [this] sweet spot, Johnson PLC can get its hands on its offshore cash directly, instead of having to leap through various hoops. [Who knows] why it’s legal for Johnson to buy in a chunk of its shares to make the numbers work - but apparently, it is. So there you have it. Johnson, a vendor to the taxpayer-rescued U.S. auto industry, repays us by doing ... a mega-desertion.
Note: Under current US laws, in what the Washington Post calls a "corporate predator state", profitable multinationals often pay no US taxes at all. For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
The lobby of TerraCycle’s global headquarters is far from what might be expected for a company that reported $18.7 million in revenue in 2014. the company’s core mission: reducing waste. “Everything around us will become waste,” says Tom Szaky, TerraCycle’s chief executive officer. “Our focus is on anything that you cannot recycle today, and that is 75 percent of all objects in the world.” Mr. Szaky founded TerraCycle in 2001 while a freshman at Princeton University. He and another student fed dining hall leftovers to worms and liquefied the worm compost, creating an organic and highly effective fertilizer. Lacking the money to package their product, the duo used soda bottles they retrieved from recycling bins as containers to peddle the worm poop. “That was the inspirational moment,” says Szaky, who decided to drop out of Princeton to pursue TerraCycle as a full-time endeavor. “What got me very excited was ... waste as a business idea.” Today, TerraCycle is an international leader in “recycling the unrecyclable,” building off the worm compost idea and using other waste materials to craft new products. TerraCycle runs recycling programs in more than 350,000 locations in 22 countries. [They] devise a plan to deal with each type of waste, and then process the waste through refurbishing it into something useful or through reprocessing it for recycling.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.