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Friday, December 15, 2017

For-Profit Medical Companies Are Making Tons Of Money Taking Poor People’s Blood

Reprinted with permission from AlterNet.

 

Here’s another example of wealthy corporations sucking poor people dry—literally. While many good samaritans donate blood or bone marrow out of good will, others sell their bodily fluids on a biweekly basis just so they can make ends meet. Multimillion-dollar medical companies know this, and eagerly take advantage. The for-profit plasma donation industry has been quietly targeting poor Americans for decades, and sometimes, the donors aren’t even paid what they’re promised.

Plasma is used to manufacture medicines that help people with diseases like blood-clotting and immune deficiency disorders. According to ABC, 94 percent of the plasma used internationally comes from the U.S.…

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Whom Do We Thank For Today’s Strong Economy?

Reprinted with permission from Creators.

A president deserves partial credit for a strong economy. The current economic numbers are good, so to the extent that gratitude is due, let us offer it. Thank you, President Obama.

The economic gauges have been improving steadily for the eight years of the current recovery. Barack Obama was president for seven of them. As the first year of the Donald Trump presidency draws to a close, the economy’s growth has continued — but it has not accelerated in a meaningful way.

In the world as presented by the tweetmaster himself, Trump has already delivered on the economy, and the only direction from here on is up, up, up.…

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GOP Tax Promotes Offshoring Of US Jobs

Reprinted with permission from AlterNet.

Ford hit Michigan and its auto workers with some crappy holiday news. Instead of building a $700 million electric vehicle factory in Michigan as promised in January, Ford will construct the plant in Mexico.

Ford reneged on its promise to Michigan workers just days after the Senate passed a tax plan intended to end levies on corporate profits made at factories offshore – in places like Mexico. News of the letdown also arrived just days before new negotiations on a revised North American Free Trade Agreement (NAFTA) are to begin in Washington, D.C.

Ford and other giant corporations got what they wanted out of Republicans on taxes, dramatically lower levies on domestic profits and total elimination on foreign profits.…

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