Wednesday, July 12, 2017

Social Security Works:
"In 1983, Congress passed the Orphan Drug Act with the intent of spurring innovation for drugs that treat rare diseases.

But today, pharmaceutical corporations are exploiting loopholes in the law in order to gain even greater monopoly power and reap ever more massive profits. But apparently that wasn’t enough, because now, prescription drug companies and their Washington lobbyists are pushing a new bill―the Orphan Product Extensions Now (OPEN) Act―which would grant drug manufacturers six additional months of exclusivity.

It’s estimated that this new law would cost patients and taxpayers up to $11.6 billion over 10 years―padding the pockets of the greedy pharmaceutical industry and keeping our drug prices the highest in the world."

-->Why doesn't the NYT cover a story like this? Our newspaper of record is simply in bed with the pharmaceutical companies.

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The Guardian UK:
"The G20 nations provide four times more public financing to fossil fuels than to renewable energy, a report has revealed ahead of their summit in Hamburg, where Angela Merkel has said climate change will be at the heart of the agenda.

The authors of the report accuse the G20 of “talking out of both sides of their mouths” and the summit faces the challenge of a sceptical US administration after Donald Trump pulled out of the global Paris agreement.

The public finance comes in the form of soft loans and guarantees from governments, and, along with huge fossil fuel subsidies, makes coal, oil and gas plants cheaper and locks in carbon emissions for decades to come. But scientists calculate that to keep global warming below 2C, most fossil fuel reserves must be kept in the ground, requiring a major shift of investment to clean energy."

-->Readers of the NYT won't know about how G20 nations give more public financing to fossil fuels than renewables. The NYT is also in bed with the oil industry. 

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Reuters: 
"DUBAI, June 28 (Reuters) - A United Nations expert and a media freedom watchdog on Wednesday criticised four Arab states for seeking to close Al Jazeera television in a rift with Qatar. 

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt have sent Doha a list of 13 demands, including closing the state-funded Al Jazeera television and reducing ties to Iran, an official of one of the four countries said. 

The U.N. Special Rapporteur on freedom of opinion and expression David Kaye said the move was a blow against media pluralism in the Middle East."

-->Where is the NYT when it comes to attempts atπ shutting down Al Jazeera in the Middle East? The newspaper didn't report on it. The NYT only values free speech when it comes to the Pentagon's enemies list.

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