I the constitution our government has three branches, executive, judicial, and legislative. This has been replaced by, Big Pharma, Big Banks, and Big Petrol. The massive amounts of money taxes payers are forced to hand out to these giants are massive.
Big Pharma is the pejorative nickname given to the pharmaceutical industry. Critics of the industry often use this nickname when discussing abuses by the industry, including:
Trying to suck every penny out of the pockets of the sick, injured, dying, and hypochondriacs.
Inventing new maladies so people will buy more drugs (as opposed to inventing better drugs so more people would become addicts);
Censoring alternative treatments that would be cheaper or more effective, rather than patenting and industrializing them (much as proponents of free energy claim censorship by energy companies, without basis);
Renaming old maladies so people will think their conditions are more serious, making them more willing to pay higher prices for prescriptions.
Price Gouging: One of the realities of the marketplace and drug patents is that every company has a monopoly on every non-generic drug they produce. This results in monopoly pricing, complete with varying prices between countries, to the point where the same drug can cost 100 times what it does in one place as another. Why not start a business where you buy in the cheap countries and sell in the expensive ones? Sorry, that’s illegal due to effective lobbying. The pharmaceutical will defend the price gouging by claiming they need to recoup the cost of research and development, a claim that would make sense except for the minor fact that the companies spend far more on marketing than on R&D.
Big Banks: The four biggest U.S. banks — JPMorgan Chase, Bank of America, Citigroup and Wells Fargo — today have about $7.8 trillion in assets, or about 47 percent of U.S. gross domestic product, up from $6.4 trillion, or 43 percent of GDP, at the time of the crisis in 2008. The six biggest banks, a group that now includes Goldman Sachs and Morgan Stanley, now have $9.6 trillion in assets, or nearly 58 percent of GDP.
Of the Big Four, only Citigroup has spent the years since the crisis trimming assets — which, in the world of bank accounting, are generally considered risks. The others have bulked up, partly because they absorbed other banks during the crisis.
Bank regulators have spent the interim trying to find ways to avoid having to bail out banks in the next crisis. Some even claim the mission has been accomplished. In their view, the Dodd-Frank financial-reform act created a way for regulators, known as “resolution authority,” to safely wind down a big bank that gets into trouble.
Bernie Sanders wants to break up the Big Banks, President Jackson(Unfortunately a recognized historic bigot) dissolved the big banks of the time and America had great prosperity. The Country can live with out Big Banks.
Fossil fuels have controlled our lives for too long, since Henry Ford made the car as the only way to travel, highway systems have developed during the 1950’s Eisenhawer administrations has made it impossible to develop eco communities, and sustainable community’s.
Many wars have ben thought, countries have been ruined, and political puppets have been installed in the name of “black gold”. The three with all is lobby money and influence, controls our lives. We are economic hostages and victims of economic terrorism.
For generations, we have assumed that the efforts of mankind would leave the fundamental equilibrium of the world’s systems and atmosphere stable. But it is possible that with all these enormous changes – population, agricultural, use of fossil fuels concentrated into such a short period of time, we have unwittingly begun a massive experiment with the system of this planet itself.” That was Margaret Thatcher, in a speech to Britain’s scientific elite in 1988. Thatcher was no climate change denier. She told the Royal Society that her government supported the idea of sustainable economic development, and concluded: “Stable prosperity can be achieved throughout the world, provided the environment is nurtured and safeguarded. Protecting this balance of nature is therefore one of the great challenges of the late 20th century.”
By investing just $1.8 million over two years in payments for Washington lobbyists, Whirlpool secured the renewal of lucrative energy tax credits for making high-efficiency appliances that it estimates will be worth a combined $120 million for 2012 and 2013. Such breaks have helped the company keep its total tax expenses below zero in recent years.
There can be volumes written about this kind of Corporate Capitalsim.