From Two Minds – Whistleblower Torpedo Facebook and Pfizer: Who’s Next? – News Couple
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From Two Minds – Whistleblower Torpedo Facebook and Pfizer: Who’s Next?


November 4, 2021

If America’s total dependence on corporate earnings and stock/housing market bubbles is just fine because bubbles are constantly inflating, then nothing will be left but rot.

It’s become a routine story: whistleblowers come out with plentiful documentation, exposing the moral/management rot at the top of America’s corporate icons. Recently, Facebook has been revealed to dedicate far more resources to concealing corporate cunning than it actually devotes to improving long-term ethical and quality issues.

Pfizer’s fast and bulk handling of putatively stringent protocols has now been documented. The prestigious British Medical Journal (BMJ) reported that whistleblowers submitted “BMJ with dozens of internal company documents, photos, audio recordings, and emails.”

BMJ investigation: Researcher whistles on data safety issues in Pfizer’s vaccine trial.

The purpose of fast and passing gameplay is to maximize earnings regardless of any other factors. And while companies exist to maximize profits, the trend in Corporate America is to sacrifice everything to maximize profits and to keep corrupt sewage hidden from regulators, the media, and the public.

This isn’t about profit, it’s about hiding the mold that has seeped into every nook and cranny of corporate America. The basis for extreme stock market valuations is corporate earnings, and the stock market bubble is now the precarious foundation of the entire US economy: if the bubble bursts, everyone knows the economy and the financial system will collapse.

The company’s usual strategy – denigrating the whistleblower and blowing smoke to cover the mold – loses momentum when mold is documented through memos, internal records, etc. It’s hard for Corporate America’s followers to dismiss the BMJ as just another outlet for “fake news,” especially with all the documents now being made public.

Lost in the obsession with exploitation and concealment of rot is the idea that companies have responsibilities to the public and their customers/users, not just greedy managers and shareholders. These responsibilities were dumped into the muddy ditch.

Regulations are in name only in America. American companies play by their own rules. US corporations are no longer regulated in any subordinate manner, as Pfizer’s list of actions reveals:

Participants are placed in a corridor after the injection and are not monitored by clinical staff

Failure to follow up in a timely manner for patients who have experienced adverse events

Not reporting protocol deviations

Not storing vaccines at appropriate temperatures

– mislabeled laboratory samples, and

– Target Ventavia employees to report these types of problems.

The last element appears in almost every whistleblower case: the company isn’t in a rush to fix its blatant ethical and quality issues, but rather rushes to silence the whistleblower and “manage the narrative” to protect its prized profits. No matter how the public pays for companies that say one thing and do another, hiding what doesn’t dare allows regulators, users, customers and patients to learn about their practices and goals behind closed doors.

The
main routing From Corporate America is to hide the mold that has permeated the entire company, starting at the top.

It should come as no surprise that US corporations are rotten to the core – the entire status quo is rotten to the core. Ethics and regulations are inconveniences to be avoided, and if some random regulator arrests the insider in law, the company pays an unreasonable fine and then goes back to business as usual, rotten to the core.

Any citizen wishing to be well informed will get a good read of this report:

BMJ investigation: Researcher whistles on data safety issues in Pfizer’s vaccine trial.

As additional documentation, I’m honored to share an impressive database of corporate fines and settlements from the early 1990s to the present that has been compiled by John Morse.
Here is John’s description of his project to compile a comprehensive list of all corporate fines and verifiable settlements through media reports:

“This spreadsheet is all of the fines/settlement companies I have been able to find sourced articles about, mostly from the ’90s until today (with a few ’80s and ’70s). This is by far the most comprehensive list of such things on the internet. At least I can Finding it, because not having any decent list is what made me start compiling this list in the first place.”

What is noteworthy is the sheer number of corporate violations of laws and regulations– thousands upon thousands, the vast majority of which have occurred since corporate profits began their astonishing rise in the early 2000s – and the list of those paying hundreds of millions of dollars in fines and settlements, Which reads like who’s who of Corporate America and the world’s 100 largest corporations.

I encourage you to open one of the three alphabetical tabs at the bottom of your spreadsheet in Google Docs and scroll down to find your highly profitable organization.

Many have a long list of fines and settlements, and many fines exceed $100 million. Many of them are in favor of blatant cartel pricing, non-disclosure of the risks of highly promoted drugs, destruction of documents to thwart investigation of misconduct, and so on.

In other words, these weren’t slaps on the wrist for a slight omission of complex systems– These are flagrant violations of the fundamental laws of the Earth.

John made this comment on corporate America’s slide to the bottom of the moral cesspool:

“With increases in the concentration of wealth, there has been a culture of reverence for wealth, and one example of that is how prosecutors no longer find it appropriate to put bankers and CEOs in jail. I think one of the side effects of changing the culture is an increased desire to break the law to increase profits.

Settlements with banks along with ongoing investigations have shown that nearly every market is being manipulated. Stocks, metals markets, LIBOR, forex, everything. Many companies will not violate many laws unless they feel they have a reasonable chance of impunity; They will also need a reason to do so, which is provided by the endless growth model on which our economy depends.”

Thank you, John, for putting together a very important and valuable database, and for linking this staggering list of abuses to the cultural cult of maximizing private gain at any cost.
I remember the social economist Emmanuel Wallerstein’s description of the current system of central state/private corporate collusion as
“A particular historical formation of markets and state structures in which private economic profit by almost any means is the paramount goal and measure of success.”

If America’s total dependence on corporate earnings and stock/housing market bubbles is just fine because bubbles are constantly inflating, then nothing will be left but rot. America’s once hardwoods are so rotten that you can thrust your finger into positions of power and find nothing but the crumbling remains of morality, accountability, competition, transparency, regulatory oversight, or responsibility for anything beyond maximizing private gain and concealment. Rot with cleverly designed novels full of sweet sentiment.

The porridge served at the Banquet of Consequences will not nourish the revival. The rot is very deep and very widespread.


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