Companies Borrowing Money Only to Create Illusion of Profitability
Companies borrowing money to create illusion of profitability
Tag: profit
Wall Street Relying on Companies Not Making a Profit
Privately-held companies valued at over $1 billion crucial for maintaining bubble
Earth’s Economy Glorifies Waste, Exploitation, Debt, Expediency and Magical Thinking
How would extraterrestrial anthropologists characterize Earth’s dominant socio-economic system? It’s not difficult to imagine their dismaying report: “Earth’s economy glorifies waste. Its economists rejoice when a product is disposed as waste and replaced with a new product. This waste is perversely…
International Workers’ Day: Profitable Work Will Be Automated, The Rest Will Be Left to Us
What’s abundant and what’s scarce? The question matters because as economist Michael Spence (among others) has noted, value and profits flow to what’s scarce.What’s in over-supply has little to no scarcity value and hence little to no profitability. What’s abundant…
Planned Parenthood Sold Hearts and Brains of 18-Week-Old Babies Minutes After Aborting Them
‘A shocking new report reveals the Planned parenthood abortion business in Wisconsin lied about and attempted to cover up its sales of body parts of aborted babies. The new report reveals Planned Parenthood sold the hearts and brains of 18-week-old aborted babies to the University of Wisconsin and harvested the body parts just minutes after […]
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Cancer industry now admits that chemo and radiation treatments generate huge repeat business and repeat profits
‘Second cancers are on the rise in the United States, according to a new study, which found that one in five new cases involve someone who has had the disease before. The study also found that second cancers, which don’t include reoccurring cancers, but are a completely new type of cancer, have increased 300 percent […]
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Corporate Parasites And Economic Plunder: We Need A Genuine Green Revolution
‘Over the past few centuries, Western countries embarked on a road to material affluence at the expense of the environment and other peoples across the globe who were subjugated, killed or left to live in poverty. And while offering more of the same and selling unfettered capitalism to the rest of the world, Washington as […]
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The Psychopathy of Greed
‘I always find it interesting that people blame corporate greed for our overall condition. Sure it’s a major factor at one level, but it’s just an obvious outcropping of something much, much deeper. Sadly not that many are willing to go there. That the entire world system is built on a capitalist system in one […]
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Planned Parenthood says undercover videos are an extremist attack on women while defending harvesting organs of butchered children
‘In a piece that was pure propaganda, Planned Parenthood head Cecile Richards signed her name to an op-ed published July 30 by the Washington Post claiming reports that officials with her organization were caught on video trafficking aborted baby body parts for profit are just attacks by “anti-abortion extremists” who don’t like women. “Planned Parenthood […]
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Abortion is big business: Nearly $1 billion a year generated from murdering human babies
‘Playing the part of the benevolent nonprofit, Planned Parenthood seems to get a kick of out pretending as though it exists to help women stay healthy and make the best reproductive decisions for their lives. However, a closer look into the group’s financials reveals that it’s a nearly $1 billion-a-year business that profits immensely from […]
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TPP deal would force CBC and Canada Post to work for profit only – leak
‘A letter leaked by WikiLeaks reveals that CBC, Canada Post and other Crown corporations could be forced to work solely for profit under the US-led Trans-Pacific Partnership free trade agreement (TPP) currently being negotiated in Maui, Hawaii. TPP could have the power to force state-owned enterprises such as news organizations and postal services to abandon […]
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RSPB ignores widow’s wishes and looks to sell land for housing
‘The RSPB is looking to sell land bequeathed to them to housing developers for an estimated £6 million profit despite the widow’s wishes that the land should never be built on. The charity was left […]
Private shareholders to be locked out of Government’s £1.5billion Royal Mail sale
‘Banks and City pension funds are to get preferential treatment in the £1.5billion sale of Royal Mail, leaving private investors empty-handed, The Telegraph can disclose. The sale of the Government’s remaining 30 per cent stake […]
Being Healthy Is Unprofitable
That good health is insanely unprofitable was highlighted by a staggering statistic in the recent research paper The Concentration of Health Care Spending: Mean annual spending for the bottom half of (the American population) distribution was just $236 per person,…