Disgusting: Even huge $11 billion fines don't stop Big Pharma

Jasmine

Jedi
Not only was this an excellent article but it raises an interesting questing about "fines". http://www.sott.net/article/266963-Disgusting-Even-huge-11-billion-fines-dont-stop-Big-Pharma Has anybody else noticed that after every big calamity where all the good people send millions of dollars of their hard earned cash to the Red Cross to help victims of devastation like (9/11, New Orland's Flood, and Haiti earth quake) to name a few, within months the Red Cross is "fined" millions of dollars for some accounting error or something similar? Maybe the word "fine" is up for interpretation depending on who's doing the "fining" and who's getting "fined". Is it just money changing pockets? A payoff? Extrapolating & raping every penny they can get from the common people? In addition to the disasters itself do they get paid off in cash as a side benefit? This has been an interesting tid-bit that has peaked my curiosity for the past few years now. It wasn't until I read this article that it occurred to me this "fining" business has a much broader reach then I originally thought. As this SOTT article stated, these fines are merely a drop in the bucket to these corporations who are raking in billions annually.

As This article by Lena Groeger of ProPublica points out:
A few weeks ago, the Food and Drug Administration hit the American Red Cross with a nearly $10 million fine for safety violations, lax oversight and faulty testing of its blood services. The fine is just the latest of more than a dozen the Red Cross has racked up in the last decade.

In 2003, a federal court, frustrated by repeated blood safety violations by the Red Cross, gave the FDA the power to fine the organization. Forty-six million dollars in penalties later, many of the same violations -- understaffing, ineffective screening of donors, failure to recall infected blood -- are outlined in the recent letter the FDA sent to the executive vice president of Biomedical Services for the Red Cross.

The full article here:
http://www.propublica.org/article/10-million-fine-on-red-cross-highlights-its-troubled-history-of-blood-servi

But a simple google search brings up similar information.

The "fining" of Red Cross seems like a more direct way of emptying the pockets of the common people after these disasters. But what about the "fining" of Big pharma, is it an indirect way of doing the same? Is it the classic "Shell Game" con? It seems like they're cashing in on big pharma one way or the other. Aren't they all one big family anyway?

What do you think?


More links: Classic shell game
http://en.wikipedia.org/wiki/Shell_game

Ancient Shell Game: Cups and Balls
http://en.wikipedia.org/wiki/Cups_and_balls
 
Jasmine said:
Not only was this an excellent article but it raises an interesting questing about "fines". http://www.sott.net/article/266963-Disgusting-Even-huge-11-billion-fines-dont-stop-Big-Pharma Has anybody else noticed that after every big calamity where all the good people send millions of dollars of their hard earned cash to the Red Cross to help victims of devastation like (9/11, New Orland's Flood, and Haiti earth quake) to name a few, within months the Red Cross is "fined" millions of dollars for some accounting error or something similar? Maybe the word "fine" is up for interpretation depending on who's doing the "fining" and who's getting "fined".

Pharma industry yearns hundread's of billion by selling sugar pill( at best), poison pill(worst case) over the dead bodies of common man,so they don't bother to pay some billions. Worst case, they fire the CEO or some another scape goat and get another replacement, because they do the PTB's bidding. If they are in deep trouble , wall street will bail out , If wall street is in trouble, our elected leaders are forced to bail out. Same with the Red Cross. It's all same rigged game they are playing for a LONG time.
 
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