News StoriesExcerpts of Key News Stories in Major Media
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Hillary Clinton took nearly every precaution to ensure voters would never know what she told investment bankers, lobbyists and corporate executives in dozens of closed-door paid speeches before running for president. Turns out, the Democratic presidential nominee had good reason to do so. She is ... happy to cut backroom deals with corporate interests and curry favor with Wall Street for campaign dollars. The WikiLeaks organization on Friday posted ... emails obtained in a hack of the Clinton campaign chairman’s personal email account. Among the documents posted online was an internal review of the speeches conducted by campaign aides to survey the political damage her remarks could cause if they ever became public. In what aides calculated were the most damaging passages, she reflects on the necessity of “unsavory” political dealing. To investment bankers from Goldman Sachs and BlackRock, Clinton admits that she’s “kind of far removed” from the middle-class upbringing that she frequently touts on the campaign trail. And in speeches to some of the country’s biggest banks, she highlighted her long ties to Wall Street ... saying that she views the financial industry as a partner in government regulation. In an effort to keep those speeches private, strongly worded contracts prohibited unauthorized recordings, reporters were banned and, in some cases, blog posts about her remarks pulled off websites.
Note: BBC has an article listing 11 intriguing revelations from the recent Wikileaks release. The emails also showed discussion of the Clinton campaign's interest in "elevating" Trump and other 'extreme' Republican candidates to make the party's eventual nominee 'unpalatable'. In 2013 alone, Clinton received $2.3 million for delivering these speeches. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.
As the 1973 Yom Kippur war between Israel and neighboring Arab states intensified, I was in an underground missile launch center in Montana with a crewmate when we received an emergency message to prepare for nuclear war with the Soviet Union. We trusted the president to defuse the crisis and avert a nuclear war. Dwight D. Eisenhower recoiled at the concept of nuclear overkill, where far more people are killed than necessary to defeat an enemy. Richard M. Nixon (president during the 1973 Arab-Israeli war) ... worried about the way war plans “lightly tossed about millions of deaths.” Ronald Reagan, for all his thunder about the Soviet Union being “an evil empire” and joking that “we begin bombing in five minutes,” was privately averse to nuclear weapons. Donald J. Trump is of a radically different ilk and temperament from past presidents. In 1973, as it turned out, President Nixon was not in charge when the order came down to prepare for nuclear conflict. Under stress from the Watergate scandal, he had retired for the evening, drunk. His unelected advisers, led by the national security adviser, Henry A. Kissinger, and Defense Secretary James R. Schlesinger, ran the show that night. Our trust in the president was misplaced. He was not even awake when my crewmate and I saddled up for nuclear war. The president had lost personal control of the situation. But upon reflection, it would have been far scarier if a cocksure Mr. Trump, consulting no one but himself, had been there calling the shots.
The poster child of the American torture program sits in a Guantanamo Bay prison cell, where many U.S. officials hope he will simply be forgotten. Zayn al-Abidin Muhammad Husayn, known to the world as Abu Zubaydah ... was the “guinea pig” of the CIA torture program. He was the first prisoner sent to a secret CIA “black site,” the first to have his interrogation “enhanced ” and the only prisoner subjected to all of the CIA’s approved techniques, as well as many that were not authorized. He is the man for whom the George W. Bush administration wrote the infamous torture memo in the summer of 2002. Senior officials thought he had been personally involved in every major al-Qaeda operation, including 9/11. Today, the United States acknowledges that assessment was, to put it graciously, overblown. His extended torture provided no actionable intelligence about al-Qaeda’s plans. He has never been charged with a violation of U.S. law, military or civilian, and apparently never will be formally charged. Instead, he languishes at Guantanamo. After years in secret prisons around the world, he remains incommunicado, with no prospect of trial. Who is Zubaydah, really? Public understanding about Zubaydah remains remarkably controlled and superficial. In connection with Zubaydah’s stalled case seeking federal court review of his detention, the government has recently agreed to clear for public release a few of the letters he has written to us. These brief letters [are] published here for the first time.
Note: The use of humans as guinea pigs in government, military, and medical experiments has a long history. For more along these lines, see the "10 Craziest Things in the Senate Report on Torture". For more, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.
Legal papers filed by the New York police department reveal that the department sent its own undercover officers to protests led by Black Lives Matter after the death of Eric Garner. The NYPD documents also show that it collected multimedia records about the protests. The revelations come from the same records request that led to the Intercept’s release of documents last summer showing that MTA and Metro-North transit police had regularly spied on Black Lives Matter protesters in and around Grand Central, deploying plainclothes officers to monitor demonstrations, track their movements, and share photos of activists. The NYPD’s newly revealed operations are potential constitutional violations. “The fear and disarming effect caused by undercovers being assigned to what were and continue to be extraordinarily peaceful protests is disturbing,” said MJ Williams, one of the attorneys involved in the records request. “As someone who was present at the protests, it’s disturbing to know the NYPD may have a file on me, ready to be used or to prevent me from getting a job simply because I’ve been active in some political capacity.” The MTA and Metro-North disclosures from last summer revealed that transit police tracked activists’ locations and shared images of some activists. If similar multimedia images are being held by the NYPD, they could be a violation of the NYPD’s protest monitoring rules ... which are supposed to prevent the department from deploying undercovers or collecting images of protesters solely to keep tabs on their political activity.
On any given day in the United States, at least 137,000 people sit behind bars on simple drug-possession charges, according to a report released Wednesday by the American Civil Liberties Union and Human Rights Watch. Nearly two-thirds of them are in local jails. The report says that most of these jailed inmates have not been convicted of any crime: They're sitting in a cell, awaiting a day in court, an appearance that may be months or even years off, because they can't afford to post bail. "It's been 45 years since the war on drugs was declared, and it hasn't been a success," lead author Tess Borden of Human Rights Watch said in an interview. "Rates of drug use are not down. Drug dependency has not stopped. Every 25 seconds, we're arresting someone for drug use." Federal figures on drug arrests and drug use over the past three decades tell the story. Drug-possession arrests skyrocketed, from fewer than 200 arrests for every 100,000 people in 1979 to more than 500 in the mid-2000s. The drug-possession rate has since fallen slightly ... hovering near 400 arrests per 100,000 people. Police make more arrests for marijuana possession alone than for all violent crimes combined. The report finds that the laws are enforced unequally, too. Over their lifetimes, black and white Americans use illicit drugs at similar rates. But black adults were more than 2˝ times as likely to be arrested for drug possession. The report calls for decriminalizing the personal use and possession of drugs, treating it as a public-health matter.
Note: This latest report adds to the evidence that the war on drugs is a trillion dollar failure. For more along these lines, see concise summaries of deeply revealing news articles on corruption in policing and in the prison system.
Thanks to a disagreement between the FBI and the Bureau of Alcohol Tobacco Firearms and Explosives (ATF), more than 2,000 guns were purchased in the past 15 years by people the FBI said should not have had them, according to a new report from the Office of Inspector General. This new report, which uncovered a loophole through which some of those deemed unfit to own firearms by the FBI can purchase them, puts a new scrutiny on the current laws, and how they're enforced. The FBI is responsible for running background checks on those purchasing guns. If the agency finds those buyers unfit, the responsibility to retrieve them falls on the ATF. But the two federal agencies disagree on who qualifies as a “fugitive from justice,” a label that prohibits prospective buyers from acquiring firearms, USA Today reports. While the FBI has considered anyone with an outstanding warrant to fall under the category, the ATF argues that prospective gun owners should be allowed to purchase firearms in the state where they have a warrant, but not in other states. The FBI sought to clarify the discrepancy by bringing the issue before the Justice Department’s Office of Legal Counsel. There, the agencies received “informal advice.” When the FBI requested a more formal ruling two years later, the counsel failed to render a decision, allowing the issue to persist some six years later. The report called for clarification on the “fugitive of justice” discrepancy to ensure proper enforcement of the law.
Note: For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.
A research report commissioned by Health Canada finds consumers have "strong feelings" about being able to identify genetically modified products when they're shopping, and 78 per cent are calling for clear labelling on packages. "There was a prevailing belief among participants that there should be greater transparency to consumers and, once raised, many questioned why government in particular should be resistant to providing consumers with more information that would help them make more informed decisions," read the findings from The Strategic Counsel. Given the choice, 62 per cent would buy a non-GM food over a GM product out of fears of health hazards or impacts on the environment. According to Health Canada's website, all GM foods are "rigorously assessed" for safety. But labelling is now voluntary. Negative views revealed in the research highlight a "difficult challenge" for Health Canada ahead. Anti-GM advocates have successfully filled the "information void," the report reads. In May, Health Canada provoked controversy when it approved the first genetically modified food animal for sale after "rigorous" scientific reviews. A high number of participants opposed GM food in any form, the report said. Only 26 per cent of respondents indicated they would be comfortable eating foods that have been genetically modified, and just 22 per cent support the development and sale of GM foods in Canada.
My mouth was open, numb and full of instruments by the time I realised what was happening. Only my eyebrows could register alarm that yet another mercury amalgam filling was being inserted in to my tooth. A question mark, I knew, hung over the use of mercury in the mouth, but the dentist dismissed my fears. "I can't tell you exactly how much mercury is present in amalgam," he announced, glancing fretfully at the clock, "but as part of a compound, it is inert." Afterwards, I soon found out that mercury comprises more than 50 per cent of amalgam. Mercury is one of the most poisonous substances known to man. If amalgam were proposed now as a dental filling, it would not be approved, but it has been around for 150 years. There is also now abundant evidence that the metal leaks out. It vapourises at body temperature, particularly during tooth-brushing, chewing and the consumption of hot drinks - and the vapour is more dangerous than the mercury that occurs naturally in food. Some people are known to be unable to tolerate even small amounts. But that doesn't mean that we should all worry about it; according to BDA spokesman Stephen Challacombe, Professor of Oral Medicine at Guy's, King's and St Thomas's hospitals: "Approximately five per cent of the population would react to contact with mercury, as they do to all heavy metals." White fillings are now, their advocates claim ... just as durable and tight-fitting as amalgam. Finding dentists able to insert them in heavily damaged rear teeth is difficult.
Note: Read a report on a recent scientific study which has shown that having multiple amalgam fillings "significantly contribute to prolonged mercury levels in the body." And explore a revealing history of mercury amalgams used in tooth fillings. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.
Andrew Short lives with spastic cerebral palsy, which he contracted during birth. Cerebral palsy is a disorder that effects muscle tone, movement and motor skills, but despite impaired speech Andrew’s disability doesn’t impair his mind, and he learned to read early. “I speak three languages,” said Andy. “English, German, and spastic. Spastic is my mother tongue." Andrew is currently completing a Masters Degree in Disability Studies, but his most impressive achievement has been walking the Kokoda Trail, which he describes as “the toughest physical challenge of [his] life”. In Andy’s late twenties, his motor function appeared to begin deteriorating. “We were told to accept that that's what it would be,” said [Andrew's father] David. Instead, David and Andrew began researching the emerging field of neuroplasticity ... inspired by the seminal [book], “The Brain That Changes Itself: Stories of Personal Triumph from the Frontiers of Brain Science”. Andrew’s physical condition is due in part to his trainer, Lee Campbell, a former army trainer and Sydney Swans team member. The two have been training together for five and a half years, and in that time Lee estimates that his physical condition has risen from 2.5 to a 7 or 8. “You watch Andy pull a sled with 20 or 30 kilos of weights in it, he stands up, his posture is corrected,” said Lee. “His finer motor skills now are getting refined. He can hold things, he can cook, he can do his buttons up.” Right now, they’re training together for Andy’s next endeavour, walking the Great Wall of China.
Note: Don't miss the most inspiring video at the link above. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A Facebook post written by a white police officer who had recently pulled over a black man for texting while driving has gone viral. Garden City Lieutenant Tim McMillan writes he pulled over the man and, when he approached his vehicle, the man was visibly shaken and seemed terrified. The man asked McMillan what he wanted him to do. McMillan told the man he just didn’t want him to get hurt. The man asked if McMillan wanted him to exit the vehicle, and McMillan told him no and he didn’t want him to text and drive. He continued, saying he wanted his mother to “always have her baby boy.” McMillan also writes in the post he doesn’t care who is at fault for young black men being afraid of police officers but he wishes somebody would fix it. The post has over 1,500 likes and has been shared over 1,000 times. Many people have sounded off around the world, including Girlie Waaka in New Zealand, who commented “I live in New Zealand and your heart warming story has given me a little more faith in humanity. We only hear all of the bad things that are going on in the world, I wish there were more people like you out there Lt. Tim McMillan, you are truly a hero ... God Bless you & your family.”
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Sunshine and seawater. That’s all a new, futuristic-looking greenhouse needs to produce 15,000 tonnes of tomatoes per year in the South Australian desert. It’s the first agricultural system of its kind in the world and uses no soil, pesticides, fossil fuels or groundwater. As the demand for fresh water and energy continues to rise, this might be the face of farming in the future. An international team of scientists have spent the last six years fine-tuning the design – first with a pilot greenhouse built in 2010; then with a commercial-scale facility that began construction in 2014 and was officially launched today. Seawater is piped ... to Sundrop Farm. A solar-powered desalination plant removes the salt, creating enough fresh water to irrigate 180,000 tomato plants inside the greenhouse. Scorching summer temperatures and dry conditions make the region unsuitable for conventional farming, but the greenhouse is lined with seawater-soaked cardboard to keep the plants cool enough to stay healthy. In winter, solar heating keeps the greenhouse warm. There is no need for pesticides as seawater cleans and sterilises the air, and plants grow in coconut husks instead of soil. The farm’s solar power is generated by 23,000 mirrors that reflect sunlight towards a 127-metre high receiver tower. On a sunny day, up to 39 megawatts of energy can be produced – enough to power the desalination plant and supply the greenhouse’s electricity needs. Tomatoes produced by the greenhouse have already started being sold in Australian supermarkets.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Two undergraduate students at the University of Washington have worked to invent a new way to communicate. Navid Azodi and Thomas Pryor won a $10,000 Lemelson-MIT Student Prize - a nationwide search for the most inventive ... students - for their invention, SignAloud gloves, which can translate American Sign Language into speech or text. “Our purpose for developing these gloves was to provide an easy-to-use bridge between native speakers of American Sign Language and the rest of the world,” Azodi told UW Today. “The idea initially came out of our shared interest in invention and problem solving. But coupling it with our belief that communication is a fundamental human right, we set out to make it more accessible to a larger audience.” Each of the SignAloud gloves has sensors that record movement and gestures then transmit the info wirelessly to a central computer. The computer then looks at the data, and if it matches a gesture, then the associated word or phrase is spoken through a speaker. “The sign language translation devices already out there are not practical for everyday use. Some use video input, while others have sensors that cover the user’s entire arm or body,” Pryor [said]. “Our gloves are lightweight, compact and worn on the hands, but ergonomic enough to use as an everyday accessory, similar to hearing aids or contact lenses.”
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Super PACs seeking to influence the 2016 elections have collected more than $1 billion, a record haul driven by jumbo-sized contributions from rich donors on both sides of the aisle. Just 10 mega-donor individuals and couples contributed nearly 20 percent of the $1.1 billion raised by super PACs by the end of August. The total exceeds the $853 million that super PACs collected in the entire 2012 cycle. The top givers were split roughly equally along party lines, with five Republicans, four Democrats and one independent. Together, super PACs seeking to sway the White House and congressional races have pumped more than $674 million into TV ads and other outreach through September, filings show. By the end of the 2012 elections, such groups had spent $608 million. The figures illustrate how American campaigns have been reordered by the ability to give unlimited sums to political committees. In the six years since the Supreme Court’s Citizens United v. Federal Election Commission decision created new paths for massive contributions to flow into elections, a tiny sliver of donors with immense financial capacity have rushed to participate. Along with the $1.1 billion raised by super PACs, hundreds of millions more has been directed into politically active nonprofits on both sides of the aisle that can keep the names of their contributors secret. The huge sums washing through campaigns are contributing to a growing estrangement between voters and the political system.
Note: Read more about how ghost corporations are funding the 2016 elections. For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Elections Information Center.
The Pentagon gave a controversial U.K. PR firm over half a billion dollars to run a top secret propaganda program in Iraq, the Bureau of Investigative Journalism can reveal. Bell Pottinger’s output included short TV segments made in the style of Arabic news networks and fake insurgent videos which could be used to track the people who watched them, according to a former employee. The agency’s staff worked alongside high-ranking U.S. military officers in their Baghdad Camp Victory headquarters. Bell Pottinger reported to the Pentagon, the CIA, and the National Security Council on its work in Iraq. In the first media interview any Bell Pottinger employee has given about the work for the U.S. military in Iraq, video editor Martin Wells told the Bureau his time in Camp Victory was “shocking, eye-opening, life-changing.” The firm’s output was signed off by former General David Petraeus - then commander of the coalition forces in Iraq - and on occasion by the White House, he said. Bell Pottinger’s work in Iraq was a huge media operation which cost over a hundred million dollars a year on average. The ... most sensitive program described by Wells was the production of fake al Qaeda propaganda films. U.S. marines would take the CDs on patrol and drop them in the chaos when they raided targets. Wells explained how the team embedded a code into the CDs which linked to a Google Analytics account, giving a list of IP addresses where the CDs had been played.
Note: So the Pentagon made propaganda films to recruit for Al Qaeda, bombed a place upsetting the people there, then seeded these films to try to capture anyone who was interested in the propaganda they spread. For more along these lines, see concise summaries of deeply revealing news articles about war corruption and the manipulation of public perception.
In the past few days a number of politicians and former generals have criticised the so-called hounding of British soldiers by what they claim are just money-grabbing lawyers launching ill-founded cases into alleged wartime abuse. Criticising the work of the Iraq Historic Allegations Team (Ihat), Tim Collins, the retired colonel who led British troops in Iraq, said the allegations were being made by “parasitic lawyers”. Theresa May has said she wants to end the “industry” of vexatious claims. And Tony Blair, who launched the military action in Iraq and Afghanistan, said: “I am very sorry that our soldiers and their families have been put through this ordeal.” The reality, of course, is somewhat different. The Ministry of Defence has already paid out Ł20m in compensation to victims of abuse in Iraq. Anyone who has been involved in litigation with the MoD knows that it will pay up only if a case is overwhelming or the ministry wants to cover something up. The complaints before the Ihat are not just from lawyers. They are also from serving and former members of the armed forces with no financial interest in the outcome. Even more disturbing, many of these investigations may lead to the door of the MoD itself. Many of the allegations concern physical, sexual and religious abuse during interrogation. The conduct appears systematic, and ... there were secret detention facilities in the UK area of operations which appear to have bypassed prisoner of war facilities. If this is correct, it is in violation of the Geneva conventions.
Note: The Chilcot inquiry recently concluded that Tony Blair deliberately lied to MPs and the public on Iraq to commit British troops to the US-led invasion in 2003. For more along these lines, see concise summaries of deeply revealing news articles about war corruption and the manipulation of public perception.
Yahoo has been accused of secretly building a customised software programme to search all of its customers’ incoming emails for specific information provided by US intelligence officials. The company complied with a classified US government directive, scanning hundreds of millions of Yahoo Mail accounts at the behest of the National Security Agency or FBI. Reuters said that a number of surveillance experts said this represented the first case to surface of a US Internet company agreeing to a spy agency’s demand by searching all arriving messages, as opposed to examining stored messages or scanning a small number of accounts in real time. The agency also said it was unable to determine what data the company had handed over, and if the intelligence officials had approached other email providers besides Yahoo. US phone and Internet companies are known to have handed over bulk customer data to intelligence agencies. But some former government officials and private surveillance experts said they had not previously seen either such a broad directive for real-time Web collection or one that required the creation of a new computer program. “I’ve never seen that, a wiretap in real time on a ‘selector’,” said Albert Gidari, a lawyer who represented phone and Internet companies on surveillance. A selector refers to a type of search term used to zero in on specific information. He added: “It would be really difficult for a provider to do that.”
On May 31, the city of Chicago agreed to settle a whistleblower lawsuit brought by two police officers who allege they suffered retaliation for reporting and investigating criminal activity by fellow officers. The settlement, for $2 million, was announced moments before the trial was to begin. As the trial date approached, city lawyers had made a motion to exclude the words “code of silence” from the proceedings. Not only was the motion denied, but the judge ruled that Mayor Rahm Emanuel could be called to testify about what he meant when he used the term in a speech. The prevailing narrative in the press was that the city settled in order to avoid the possibility that Mayor Emanuel would be compelled to testify. But the mayor’s testimony, had it come to pass, would have been unlikely to provide much illumination. By contrast, that of the plaintiffs, Shannon Spalding and Danny Echeverria, promised to ... show extraordinarily serious retaliatory misconduct by officers at nearly all levels of the CPD hierarchy. Spalding ... and her partner, Danny Echeverria, spent over five years working undercover on a joint FBI-CPD internal affairs investigation that uncovered a massive criminal enterprise within the department. A gang tactical team led by a sergeant named Ronald Watts operated a protection racket in public housing developments on Chicago’s South Side. In exchange for “a tax,” Watts and his team shielded drug dealers from interference by law enforcement and targeted their competition. They were major players in the drug trade.
Note: Read the second article in this series titled "Corrupt Chicago Police Were Taxing Drug Dealers and Targeting Their Rivals." Read also how this criminal gang of police routinely framed people for crimes. For more along these lines, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
Unpublished field trials by pesticide manufacturers show their products cause serious harm to honeybees at high levels, leading to calls from senior scientists for the companies to end the secrecy which cloaks much of their research. The research, conducted by Syngenta and Bayer on their neonicotinoid insecticides, were submitted to the US Environmental Protection Agency and obtained by Greenpeace after a freedom of information request. Neonicotinoids are the world’s most widely used insecticides and there is clear scientific evidence that they harm bees at the levels found in fields. Neonicotinoids were banned from use on flowering crops in the EU in 2013, despite UK opposition. The newly revealed studies show Syngenta’s thiamethoxam and Bayer’s clothianidin seriously harmed colonies at high doses, but did not find significant effects below concentrations of 50 parts per billion (ppb) and 40ppb respectively. Such levels can sometimes be found in fields. However, scientists said all such research should be made public. “It is hard to see why the companies don’t make these kinds of studies available,” said Prof Dave Goulson, at the University of Sussex. “It does seem a little shady to do ... the very studies the companies say are the most important ones - and then not tell people what they find.” Syngenta had told Greenpeace in August that “none of the studies Syngenta has undertaken or commissioned for use by regulatory agencies have shown damages to the health of bee colonies”. Goulson said: “That clearly contradicts their own study.”
Note: CNN News reported in 2010 that Bayer covered up the link between its products and massive bee die-offs. Read more about how these pesticides sicken bees and harm food crops. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
It's rare to get a glimpse behind the curtain of pharmaceutical marketing. CBC [has] learned about a stealth marketing campaign involving a drug company, a well-known Canadian comedian, a doctor and a public relations firm. "Cathy Jones of This Hour Has 22 Minutes is on a mission to get women to start talking about female sexual health after menopause - and particularly, their vaginas," wrote PR company GCI Group in a press release, offering to arrange an interview. But nowhere did it say this "mission" was initiated and sponsored by Novo Nordisk Canada Inc., which makes a vaginal hormone pill. Nor did GCI's release specify that Jones was paid to give media interviews about vaginal atrophy. When CBC asked if there was a drug company involved, the PR firm said yes, Novo Nordisk, but that was to be kept secret. "No parties including GCI want any mention of the drug or drug company," CBC was told. "It's an unbranded campaign." In other words, it's marketing that looks like any other lifestyle article in news. This is what it looks like on the Globe and Mail's website. There was originally no mention of Novo Nordisk sponsoring the campaign. Is it OK for a drug company, behind a curtain, to generate news about a condition and then encourage women to see their doctor? "No, it is not OK," says Dr. Jerilynn Prior [with] the University of British Columbia. "It is misrepresenting the marketing purpose behind it." This is a rare public example of something that happens all the time.
In his 93 years, Bob Wallace has seen some product-pricing doozies over the decades, but the nonstop national furor over the stratospheric price hikes for EpiPens - now retailing above $700 for a two-pack - was the final shot. Wallace and Roland Krevitt, a veteran Scotts Valley manufacturing and tooling consultant, set out to demystify the cost to produce the EpiPen, piece by piece. The auto-injector delivers a lifesaving dose of adrenaline to treat serious allergic reactions to everything from bee stings to food. [They crunched] the costs for molding and manufacturing the nozzle, needle, syringe, springs, safety cap - and 0.3 mg of epinephrine. Their startling estimate of the cost for a two-pack of EpiPens: $8.02. And that even included the bright-yellow box. The pharmaceutical giant Mylan is the latest drugmaker to withstand a public lashing over skyrocketing drug prices. While politicians and patients demand explanations ... policy experts and drug makers blame an American health care system built on an ever-expanding pool of middlemen whose piece of the action is driving up the final bill. [Mylan’s] chief executive, Heather Bresch, recently told a congressional committee her company pays $69 per two-pack to the firm that actually manufactures the EpiPen, [and] pointed to charts explaining why the company charges a $608 wholesale price for a two-pack. The Wall Street Journal ... reported last week that Mylan low-balled its calculation of EpiPen profits to Congress.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.