Taxing Negative Oil Spill

After dumping oil, spilling oil, burning oil, wasting oil, there is tax to get rid of more oil? Hmm. I actually do not feel like writing on any politics, but it always boils right down to it. This nugget of mislead needs to get put to rest where it belongs. Back in the media that pushed it forth. Instead of a lecture – and use of proper political and financial economic myth – to simply rant, and push this terrorist act back into the garbage can it came from. To allow for more comfortable space for the disintegrating elephant in the room. And to keep an eye out for the donkey that keeps fading in and out.

10 dollar tax per barrel. The announcement got underplayed in media, but apparently I am part of media, so here comes some overplay. Still awaiting the day when my rants can pay for exorbitant rent.

Even students starting business school can recognize the stunt as penal matters. Government refusing to properly tax corporations before, well aware of the ‘creative’ financial myths. But now that digital money disappears back into the digital death it got evoked from, the oil companies are given an ‘incentive’ to SELL. Continue reading

Crime Called Pharma Drugs

Corporate Crime BraithwaiteCORPORATE CRIME in the pharmaceutical industry
John Braithwaite, 1984

1 Introduction: an industry case study of corporate crime

The majority of people who work in the pharmaceutical industry subscribe to high standards of integrity and do everything in their power to stay within the constraints of the law. In the course of this research, I met pharmaceutical executives who impressed me with the sincerity of their commitment to the public welfare much more than many of the industry’s critics in politics, regulatory agencies, the public interest movement, and academia.

Valerie Braithwaite accompanied me to many pharmaceutical companies, forever constraining me from driving on the wrong side of the road. One day, as we drove back to New York, she said: ‘But these people are so nice, John. Do you think they really are corrupt? ‘ My initial response was: “You’ve spent the day being shown around and taken to lunch by the company’s public relations staff. They’re paid to be nice. Some people in these companies get paid a lot of money because they’re Continue reading