The Sackler family, the billionaire family that owns Purdue Pharma, will receive government immunity for their role in sparking America’s opioid crisis. The waiver is part of an agreement approved by the Federal Court of Appeals on Tuesday.
This decision paved the way for the United States Court of Appeals for the Second Circuit to finally put an end to the Sackler family story. In exchange for immunity from current and future civil lawsuits, Sacklers will pay $6 billion out of his personal fortune. The settlement completes Purdue’s bankruptcy filing, which has been stalled since 2019, The Huffington Post reported. report.
$6 billion may sound like an astronomical amount, but it’s not. It’s just a drop of the damage this family has done. (Related article: American Cartel: The billionaire family behind OxyContin appears to be spending ZILCH rehabilitating addicts)
The city of Purdue’s “very aggressive” marketing campaign began in 1996 to persuade doctors to prescribe OxyContin to non-terminal patients who would otherwise not have been given addictive opiates. Helpful.
House Oversight and Reform Committee Hearings summarized How and why families instructed Purdue to target ‘mass prescribers’, ignore ‘safeguards’ against opiate abuse, and ‘shift the blame’ on people suffering from addiction of
Members of Purdue Pharma’s multimillionaire Sackler family are fully immune from all civil legal claims over their role in the company’s prescription opioid business, a federal appeals court panel ruled Tuesday. https://t.co/7qbon1eovJ
— The New York Times (@nytimes) May 31, 2023
“Purdue Pharma provided doctors and patients with false advertising documents explaining that sustained-release OxyContin was less addictive than other immediate-release alternatives. We sought out highly qualified doctors and encouraged them to prescribe OxyContin because it was safer, and they did so because OxyContin quickly became a cash cow for the company,” said the Oversight and Accountability Committee. said. press release read.
In the 20 years since the campaign began, OxyContin has generated $35 billion in revenue for the company.Not surprisingly, some people die from opioid overdoses. increased An 850% increase between 1999 and 2020, bringing the total to over 500,000. The opioid epidemic started by the Sackler family, accelerated by the relatively recent introduction of fentanyl, is now worse than ever.
Despite all of this, the Sacklers will pay less than half of their $14 billion net worth, one report reports.conservative2015 Estimates by Forbes.Given their billion dollar real estate portfolio And given the prolific art collection, the family may have assets well beyond this estimate.
Half of the $6 billion settlement will likely go to plaintiffs’ attorneys, further enriching predatory elite Americans. (Related: American Cartels: Non-Profits Unapologetically Take Millions of Dollars in ‘Blood Gold’ from Opioid Robbers)
Even more troubling is that of the $6 billion settlement, only $750 million will go to plaintiffs, according to the Huffington Post. Dividing this results in $3,500 to $48,000 per plaintiff.
that’s it. Mom passed away, but she has $3,500.
But it’s more than just money. It is impossible to quantify the damage the Sacklers have done to the American psyche and way of life.
Americans have taken pride in the endless pursuit of human potential. It is that sense of adventure that has brought us here in search of a better life and pushed us to expand west. It is what built the railroads and skyscrapers, drove the quest for scientific discovery, and built the most powerful economy the world has ever known.
In the process, we’ve built communities that help humanity thrive. None of these feats would have been possible without the social cohesion and trust built through community support systems. Americans pride themselves on being actively involved in their communities, which has created a collective sense of responsibility for their neighbors that has helped them overcome the most severe adversities.
This spirit has been constant for generations of Americans throughout most of our history, but because of the opioid crisis, it no longer exists for many Americans. The vicious cycle of addiction has become the new normal for the modern generation. (Related: American cartels: Secretive Sackler family exposed as opioid profiteers)
People suffering from addiction often struggle to maintain stable employment, which leads to financial instability. This decline in socioeconomic status is often accompanied by increased economic dependence. As a result, once-thriving communities descended fall into poverty.
Now ask yourself this question. Do you want your children to walk through this dirty place just to get home from school? @Joe Biden @VP @Pelosi @sen Finstein @London Breed @SFPD chief #DoBetter #democratic party #Politics #police # drugs #San Francisco #California #crime # do your job #NA pic.twitter.com/ZBa8PApgtC
— Rich Wynn (@RawRicci415) July 8, 2022
Opioid addiction has torn communities apart, families have been torn apart, and trust has been eroded.particularly causing social isolation in the meantime The COVID-19 pandemic has forced individuals to distance themselves from their loved ones and entire communities. The resulting disintegration of solidarity has undermined America’s traditional neighbourhood, the sense of collective responsibility to victimize addiction and surrender to government.
”Persistence across generationsThe cycle of addiction is sure to continue, destroying for generations to come an American way of life based on hard work, resilience, and prosperity.
Even after all of this, the Sacklers will continue to be honored and highly regarded in elite society. Their names will be removed from the building as part of the settlement agreement, but their guilt will soon be washed away in the news. They will continue to be invited to red carpet charity events, museum galas, social gatherings and more. Their names would reappear in new medical centers and art exhibitions, repairing their reputation as wealthy patrons.
With all this in mind, it’s no wonder that American politics has been turned upside down and trust in the system is at stake. record low. This is the America of today, and the Sackler family played a big part in bringing us here.