Say it with me now: a fine is a price. When companies profit from inflicting harm on the rest of us, a fine is just part of the price of doing business.
It's a numbers game: multiply the likelihood of getting caught by the expected fine and divide by the expected profit, and that's how many people you can murder for a buck.
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Four of the worst culprits – Johnson & Johnson, Amerisourcebergen, McKesson and Cardinal Health – agreed to pay $26b for the people they killed and the lives they ruined – and now they've advised investors that they plan on claiming the fines as tax-deductions.
Literally, a fine is a price – the price of doing business, claimable against profits on the companies' annual IRS filings, so that the public subsidizes their extremely profitable murder.
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The companies were allowed to take these settlements without admitting wrongdoing. This is a common efficiency measure employed by federal regulators and prosecutors to secure a quick settlement rather than a drawn-out court battle.
https://www.washingtonpost.com/business/2021/02/12/opioid-settlement-tax-refund/?arc404=true
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The lack of culpability is a distinction with a difference. Companies aren't permitted to write off fines, but the pharma giants say this isn't a fine, it's a payout to the victims – effectively a charitable donation. Since they committed no crime, it can't be a fine.
It may seem obvious, but when corporate murderers aren't held to account, they get to go on doing their business as if they weren't pariahs.
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So the same companies claiming billions in writeoffs for opioid settlements also pulled in billions in tax subsidies under the CARES Act, even as they made billions in profits from that same pandemic. Heads they win, tails we lose.
40% of Americans say they won't, or probably won't, get vaccinated against covid. They often cite outlandish stories about microchips in the vaccines (speaking as a computer scientist, I'd like to study those chips and their antennas and power-supplies, wow!) .
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They believe weird tales about sinister plans from Bill Gates.
These stories don't hold up to scrutiny, and the people who argue for them say obviously outlandish things, and yet the number of people who believe them is frightening.
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The tale that Gates retired from monopolising and became a cuddly humanitarian doesn't bear up to scrutiny. Sure, some great stuff that comes out of the Gates Foundation, but let's not forget the billions they've funnelled to ending public education:
https://apnews.com/article/92dc914dd97c487a9b9aa4b006909a8c
Gates and other billionaire dilettantes turned America's poorest children into guinea pigs for an failed experiment in charter education, while waging war on teachers' unions:
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Gates's extreme ideology of private profit over public benefit played a toxic role in covid vaccine development – just not a role that has anything to do with microchips.
Rather, it was the Gates Foundation that arm-twisted Oxford into abandoning its pledge to make its vaccine free for all to produce. Instead, it sold exclusive rights to its publicly funded vaccines to Astrazeneca.
https://khn.org/news/rather-than-give-away-its-covid-vaccine-oxford-makes-a-deal-with-drugmaker/
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The Gates Foundation ensured that a giant pharma monopolist would reap billions, and Oxford millions – and that the world's poorest nations would lose guaranteed access to locally produced vaccines.
It's irrational to worry about microchips in vaccines, but it's 100% rational to worry that pharma companies will privatize every gain and socialize every loss, even loss of life. From Moderna to Astrazeneca, Big Pharma turns public research into private billions.
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And it's irrational to worry that Bill Gates wants to use vaccines to reduce the population or track us with 5G, but it's 100% rational to worry that he is a sociopathic ideologue whose philanthropy exists in part to further his extremist agenda.
Telling people to "trust the science" isn't just flawed because the science is a moving target – it's flawed because the science is often corrupted, and even when they corruption comes to light, the penalties are tax-deductible.
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Following a modified version of The Formula from Fight Club.
Like the pharma companies, who used opioids to slaughtermore Americans than the Vietnam war.
These companies bribed doctors and pharmacists, lied about the science of addiction, lied about the deaths, lied about their products' efficacy, lied about the harm. The corpses piled higher and higher. They made billions. Billions and billions.
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