How the Sacklers shifted $10.8B of an opioid fortune built on OxyContin

Post by autisticcurio » Thu, Aug 27, 2020, 3:05 PM UTC

Nasrudith wrote: post #199

autisticcurio wrote: post #61

Earlier quoted context omitted.

If the system was honest, everyone would be taught at least the basics about law, medicine and finance, but you dont, you get taught enough to be a slave.

They are taught - they just don't pay attention or remember the "boring stuff we will never use" and then after going with the flow for decades with no forward thinking look for somebody to blame for their own failures. Seriously, all of those who goofed off in home ec and math complaining years later that they don't know how to cook or balance a checkbook. The immediate resources were often subpar I will admit but d…

Post by IMTDb » Thu, Aug 27, 2020, 3:13 PM UTC

Nasrudith wrote: post #201

IMTDb wrote: post #144

Earlier quoted context omitted.

I agree that opiods are definitely on the riskier side of the spectrum, while THC definitely seem on the safer side - at least for adults. But we know that: that's why opioids are mainly sold after a prescription by a doctor and in a pharmacy. At least we are trying to limit access to opioids. On the other hand THC is currently almost advertised as being "good for you" (see all the papers/studies around it), and a so…

The reason THC is even an issue is because the law has insistently been an ass for over half a century. The DEA has a complete tautology of Schedule 1 classification when its effects are far less dangerous. Yet it is federally more controlled than cocaine. The consequences make a huge difference. So a plan to make a million dollars selling sandwiches vs killing people on the street to rifle through their pockets shou…

Post by boomboomsubban » Thu, Aug 27, 2020, 7:16 PM UTC

at_a_remove wrote: post #221

boomboomsubban wrote: post #212

Earlier quoted context omitted.

Let me amend your hypothetical. The pesticide presentation is the twentyth such presentation on various topics you've seen today. You see this many every year, and the safety sheets have always been accurate. And, if this pesticide is not used, it is known that the people of your community will suffer and/or die. Does your understanding of the companies history outweigh your experience of the formats history?

I am not suggesting that they didn't know or would suddenly not prescribe any opioids at all. I have been very careful to say that some, and only some, get addicted. And I would still not add that pesticide to my drinking water. So I will ask ... would you ?

Post by dqpb » Fri, Aug 28, 2020, 9:48 PM UTC

calvano915 wrote: post #227

dqpb wrote: post #189

Earlier quoted context omitted.

Everyone should teach themselves the basics of law, medicine, finance. Its easy to start. Just pick up some textbooks.

Unfortunately knowledge alone does not equal access to mechanisms of these disciplines. Without wealth, good luck using your law or medical knowledge to improve your situation aside from preventative measures. However, if knowledge is all you got, it's better than nothing at all and puts you ahead of many who won't be bothered.

Post by summitsummit » Sun, Sep 06, 2020, 4:31 AM UTC

peter_d_sherman wrote: post #206

Look at this article. 10.8 Billion Dollars (not million, billion with a 'b'), of which 4.6 Billion, close to half of it, went to the Government as tax payments ... And yet the article seems to imply fault of some sort that various Sacklers moved millions (millions with an 'm') -- an order of magnitude less money of their post-tax-paid-for money, when 4.6 Billion, close to half of it, went to the Government as tax pay…