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Michael Snyder – Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football.  Unfortunately, the stock market and the economy are moving in two completely different directions right now.  …

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Jim Hightower – How Big Pharma Is Trying to Improve Its Image

Big news, people! Especially for those of you upset by the skyrocketing prices of the essential prescription medicines you take — including thousands of patients who were hit last year with a 5,000 percent price increase for one lifesaving drug! Determined to do something about those despised price hikes, drugmakers themselves have reached into their corporate toolbox for the two …

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Pharma CEO: We’re in Business of Shareholder Profit, Not Helping the Sick

Another Pharmaceutical CEO is stepping up to challenge Martin Shkreli as world’s most hated man. Last month, Martin Shkreli became a household name. The CEO of Turing Pharmaceuticals is now infamous for raising the price of a newly-acquired drug to $750 a pill. He also explained in an interview that his company was not alone in acquiring drugs currently on …