#sackler family

[mysharona1987]

[alyfoxxxen]

Purdue Pharma, Sackler families boost contribution in opioid settlement to $7.4 billion - ABC News

[follow-up-news]

The Supreme Court on Thursday blew up the massive bankruptcy reorganization of opioid maker Purdue Pharma, finding that the settlement inappropriately included legal protections for the Sackler family, meaning that billions of dollars secured for victims is now threatened. The court on a 5-4 vote on nonideological lines ruled that the bankruptcy court did not have the authority to release the Sackler family members from legal claims made by opioid victims. As part of the deal, the family, which controlled the company, had agreed to pay $6 billion that could be used to settle opioid-related claims, but only in return for a complete release from any liability in future cases. Justice Neil Gorsuch, writing for the majority, said the Sacklers could have declared bankruptcy but instead sought to piggyback on the company's own bankruptcy proceedings in an effort to resolve pending legal claims. "They obtained all this without securing the consent of those affected or placing anything approaching their total assets on the table for their creditors," Gorsuch wrote. "Nothing in present law authorizes the Sackler discharge," he added.

[antigirlb0ss]

Okay I know it's not the point but I do find it hilarious how they described Harvard. "Embodies the best of human values" I could describe Harvard one million ways at least and never utter this phrase

[birilio]

Painkiller

[pendragonsclotpole]

i just finished watching dopesick, and i am so so heartbroken and aghast. the scene where the doctor asks to see billy again while in rehab and then tries to get pills from him made my mouth drop open. betsy’s family finding out about her death had me bawling. the actions of the sacklers and purdue pharma had me feeling like someone walked on my grace. not sure how much was real/embellished for the adaptation, but if even 1% of the purdue side of things was real, then fuck that company and that family and fuck the shitty regulations that allowed them to market such an addictive drug so easily. also fuck the way its made me wonder how much of the world around us is made up of shitty people willing to turn a blind eye for their own profit.

[clockworkprism]

While I agree with all this I think the recent example of the Sacklers gives us a horrifying glimpse into a world of fully legalized drugs. I don't have any solution to that but like, a bunch of customers who physically can't stop taking your product without experiencing physically painful withdrawal symptoms is a capitalist wet dream. And it's already happening with things like insulin, imagine what they would do if they could straight up sell heroin.

So we should legalize drugs (not decriminalize cause someone needs to be checking what's going into those products) but we also need to make sure we find a way to prevent them from preying on the vulnerable.

fun fact: any policy on drugs that isn’t harm reduction is going to cause addicts to suffer and die

[fieryfalcon]

https://www.washingtonpost.com/health/2024/09/17/opioid-epidemic-purdue-pharma-family-mundipharma-global/

At home in the United States, Purdue Pharma, the drugmaker accused of fueling the opioid crisis through its aggressive marketing of highly addictive pain pills, is bankrupt and facing thousands of lawsuits.

Abroad, its global counterparts are selling opioids — and still profiting.

Among the beneficiaries: some members of the Sackler family, who own Purdue and also sit atop a group of international companies known as Mundipharma

[follow-up-news]

A federal appeals court cleared the way for the maker of OxyContin to settle thousands of legal claims tied to the opioid epidemic while shielding the wealthy owners of Purdue Pharma, the Sackler family, from future lawsuits.

Under the plan approved Tuesday by the 2nd U.S. Circuit Court of Appeals in New York, members of the wealthy Sackler family would give up ownership of Stamford, Connecticut-based Purdue, which would become a new company known as Knoa, with its profits being sent to a fund to prevent and treat addiction.

Family members would also contribute $5.5 billion to $6 billion in cash over time, or around half of what the court found to be their collective fortune, much of it held offshore. A chunk of that money — at least $750 million — is to go to individual victims of the opioid crisis and their survivors. Payments are expected to range from about $3,500 to $48,000.

Tuesday’s decision also protects members of the Sackler family from lawsuits over the toll of opioids, even though they did not file for bankruptcy.

The court’s ruling reversed a 2021 ruling that found bankruptcy court judges did not have the authority to approve a settlement that would offer bankruptcy protections for those who have not filed for bankruptcy.

Those protections are at the heart of the proposed deal that would end claims filed by thousands of state, local and Native American tribal governments and other entities. Sackler family members have been clear that without the protections, they won’t hold up their part of the deal.

[walkacrossthehill]

One of the murals from the Folk-like Festival

Sackler? More like sack of crap

Some other pics from outside of the Smithsonian castle. I like the tidbit about the Moors

[arlengrossman]

When was Bribery Legalized in America?

By Thom Hartmann/ HartmannReport.com/ November 15, 2023 “When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” — Frédéric Bastiat (French economist) Virtually every crisis America is facing right now is either caused or exacerbated by the corruption of our…

[kamaljohnsonnetwork]

The Fall Of The House Of Usher On Netflix Review | The G.A.B. Episode 145 (SAF Segment)

Full Show On The YouTube (Kamal Johnson Network). Link Below

YT Link

https://youtu.be/Ll596gH2VjI?si=K_LExBnLbn1a630w via YouTube

Podcast Links

iHeart: https://www.iheart.com/podcast/338-the-gab-101916901/episode/white-mass-shooters-always-get-the-127151416/

Spotify: https://open.spotify.com/episode/2WyfJZKLt1fqifoyblVc6z?si=d19ddd876f144ca2

Apple Podcast: https://podcasts.apple.com/us/podcast/the-g-a-b/id1547660066?i=1000633327124

Podpage: https://www.podpage.com/the-gab/

@youtube @twitch @bet @revolttv @sony @warnerbrosentertainment @iheartradio @therokuchannel @starz @hbomaxes @showtimenetworks @hulu @netflix @comedycentral @appletv @vicemag @vicenews @siriusxm @applepodcasts

[sebastianbenbenek]

All the Beauty and the Bloodshed

All the Beauty and the Bloodshed

“All the Beauty and the Bloodshed”, to dokument na który czekałem bardzo długo. Gdy w końcu go upolowałem, rozczarowałem się tak bardzo, iż rozczarowanie to będzie punkt odniesienia dla przyszłych rozczarowań. Continue reading Untitled

[avandelay20]

"

Many places have begun to regulate short-stay rentals to encourage owners to return their properties to the long-term rental market.

Nicole Gurran, a professor of urban and regional planning at Sydney University, has been studying this for almost a decade said the link has been well established.

"There's robust research evidence now internationally that the more short-term rentals in an area, the tighter a rental market, and you see that tight rental market flow on in terms of higher rents and higher house prices," she told 7.30.

"The research evidence shows too, that when you take short-term rentals out of the market and return them back to the long-term rental supply, that rents also fall in an area."

The short-stay companies like Airbnb and Stayz believe they've become an easy target and are a scapegoat for more the complex long-term issues that contribute to housing availability.

From Stayz:

"...it's important to remember that regulating short-term rental accommodation in isolation will not solve the housing crisis."

To which the world has responded:

BULLSHIT

Here's the proof:

"

THE NUMBER OF short-term Airbnbs available in New York City has dropped 70 percent after the city began enforcing a new law requiring short-term rental operators to register their homes. There are thousands more listings that could be unregistered.

August: 22,000 NYC listings

September: 6,841 NYC listings

Some short-term listings have been switched to long-term listings,

The number of long-term rentals jumped by about 11,000 to a total of 32,612 from August 4 to September 5.

"

That uptick in long-term rentals is exactly the behavior NYC wanted to see.

Good for you NYC!

Housing is for people. Not for investment.

As for Airbnb and Stayz who have desperately tried to spin this debate as though they are simply scapegoats for bad government planning - we can all clearly see that these companies have ALWAYS been part of the problem.

Can you imagine an arsonist or a murderer putting up such a ridiculous defense when all the evidence points to their guilt?

When a tobacco company is found to be selling products that cause cancer, or a chemical company is found to be polluting the local aquifer and poisoning nearby residents, when a big pharma company is found to be paying doctors to over-prescribe addictive opioids - when the court of public opinion finally sees the evidence that those companies are at fault - those companies have to pay.

And in those cases where RJ Reynolds, Dow Chemicals, and Purdue Pharma were found guilty - NONE of them were so pathetic as to try to play it off like they are just a scapegoat.

That's how pathetic Airbnb and Stayz look right now.

Worse than Big Tobacco.

Worse than Big Pharma.

Airbnb / Stayz are at the root of a failed experiment that has distorted the housing market over the past 10 years and they need to be stopped.

Forcing low and middle income people and families out of long-term housing, forcing countless others to pay obscene increases in rent due to lack of supply, pushing people to live out of their cars or on the streets.

These companies have caused untold suffering and mental anguish - many of those impacted likely resorting to drugs/alcohol or self-harm to escape the pressures.

Yet Airbnb / Stayz claim to be unfairly demonized in this story?

Fuck that noise.

Take em down.