Meeting the Definition of Terrorism:
Big Pharma, Big Oil,
and Big Banks
By Paul Buchheit
Various definitions of terrorism have been proposed in
recent years, by organizations such as the FBI, the State Department, Homeland
Security, and the ACLU. Some common threads persist throughout their
definitions: violence, injury or death, intimidation, intentionality, multiple
targets, political motivation. All the criteria are met by pharmaceutical and
oil and financial companies. They have all injured and intimidated the American
public, and caused people to die, with intentionality shown by their refusal to
acknowledge evidence of their misdeeds, and political motives clear in their
lobbying efforts, where among all U.S. industries Big Pharma is, Big Oil and Securities/Investment.
The terror inflicted on Americans is real, and is documented by the facts that
follow.
Big Pharma:
Qualifying for Trump’s Call for Capital Punishment for Drug Dealers
In a TIME magazine article a young man named Chad Colwell
says “I got prescribed painkillers, Percocet and Oxycontin, and then it just
kind of took off from there.” According to TIME‘s reporting, “Prescriptions
gave way to cheaper, stronger alternatives. Why scrounge for a $50 pill of
Percocet when a tab of heroin can be had for $5?” About 75% of heroin addicts
used prescription opioids before turning to heroin.
Any questions about Big Pharma’s role in violence and death
in America have been answered by the Centers for Disease Control and the
American Journal of Public Health. Any doubts about Big Pharma’s intentions to
intimidate the public have been put to rest by the many occasions of outrageous
price gouging. And any uncertainty about political pressure is removed by its
#1 lobbying ranking.
As for malicious intentions, Bernie Sanders noted, “We know
that pharmaceutical companies lied about the addictive impacts of opioids they
manufactured.” Purdue Pharma knew all about the devastating addictive effects
of its painkiller Oxycontin, and even pleaded guilty in 2007 to misleading
regulators, doctors, and patients about the drug’s risk. Now Purdue and other
drug companies are facing a lawsuit for “deceptively marketing opioids” and
ignoring the misuse of their drugs.
No jail for the opioid pushers, though, just
slap-on-the-wrist fines that can be made up with a few price increases. But
partly as a result of Pharma-related violence, Americans are suffering “deaths
of despair” — death by drugs, alcohol and suicide. Suicide is at its highest
level in 30 years.
Big Oil: Decades
of Terror
Any doubts about the ecological terror caused by fossil fuel
companies have been dispelled by the World Health Organization, the American
Lung Association, the United Nations, the Pentagon, cooperating governments,
and independent research groups, all of whom agree that human-induced ecological
destruction is killing people.
The oil industry’s intentionality and political motives have
been demonstrated by their refusal to admit the known truth, starting with
Exxon, which has covered up its own ecological research for 40 years, and continuing
through multi-million dollar lobbying efforts by Amoco, the US Chamber of
Commerce, General Motors, Koch Industries, and other corporations in their
effort to dismantle the Kyoto Protocol against global warming.
Big Banks:
Leaving Suicidal Former Homeowners Behind
Any doubts about the violence stemming from the 2008
mortgage crisis have been resolved by studies of recession-caused suicides.
Both the British Journal of Psychiatry and the National Institutes of Health
found definite links between the recession and the rate of suicides.
As with Big Pharma and Big Oil, intentionality and political
motives are evident in the banking industry’s lobbying efforts on behalf of
deregulation — leading to the same conditions that threatened American
homeowners in 2008. There has also been a surge in the number of non-bank
lenders, who are less subject to regulation.
Making it all worse are private developers, who make most of
their profits by building fancy homes for the rich. And by avoiding affordable
housing. Since the recession, Blackstone and other private equity firms — with
government subsidies — have been buying up foreclosed houses, holding them till
prices appreciate, and in the interim renting them back at exorbitant prices.
This is leaving more and more Americans out in the cold —
literally. A head of household in the U.S. needs to make $21.21 an hour to
afford a two-bedroom apartment at HUD standards, much more than the $16.38 they
actually earn. Since the recession, the situation has continually worsened.
From 2010 to 2016 the number of housing units priced for very low-income
families plummeted 60 percent.
Here’s the big picture: Since the 1980s there’s been a
massive redistribution of wealth from middle-class housing to the investment
portfolios of people with an average net worth of $75 million. It’s not hard to
understand the “deaths of despair” caused by the terror inflicted on people
losing their homes.
wakeup-world.com
About the author:
Paul Buchheit is a college teacher, an active member of US
Uncut Chicago, founder and developer of social justice and educational websites
(including www.youdeservefacts.org), and the editor and main author of
“American Wars: Illusions and Realities” (Clarity Press). His latest book is,
Disposable Americans: Extreme Capitalism and the Case for a Guaranteed Income.
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