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Posts Tagged ‘THE DISCOURSES’

MACHIAVELLI’S VERDICT ON TRUMP: HE’S NO PRINCE

In Bureaucracy, History, Military, Politics, Social commentary on March 27, 2017 at 12:28 am

No shortage of pundits have sized up Donald Trump–first as a Presidential candidate, and now as the nation’s 45th President.  

But how does Trump measure up in the estimate of Niccolo Machiavelli, the 16th-century Florentine statesman?

It is Machiavelli whose two great works on politics–The Prince and The Discourses–remain textbooks for successful politicians more than 500 years later.  

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Niccolo Machiavelli

Let’s start with Trump’s notoriety for hurling insults at virtually everyone, including:  

  • Latinos
  • Asians
  • Muslims
  • Blacks
  • The Disabled
  • Women
  • Prisoners-of-War

These insults delight his white, under-educated followers. But they have alienated millions of other Americans who might have voted for him.

Now consider Machiavelli’s advice on gratuitously handing out insults and threats:

  • “I hold it to be a proof of great prudence for men to abstain from threats and insulting words towards any one.
  • “For neither the one nor the other in any way diminishes the strength of the enemy–but the one makes him more cautious, and the other increases his hatred of you, and makes him more persevering in his efforts to injure you.”

For those who expect Trump to shed his propensity for constantly picking fights, Machiavelli has a stern warning:

  • “…If it happens that time and circumstances are favorable to one who acts with caution and prudence he will be successful.  But if time and circumstances change he will be ruined, because he does not change the mode of his procedure.
  • “No man can be found so prudent as to be able to adopt himself to this, either because he cannot deviate from that to which his nature disposes him, or else because, having always prospered by walking in one path, he cannot persuade himself that it is well to leave it…
  • “For if one could change one’s nature with time and circumstances, fortune would never change.”

Then there is Trump’s approach to consulting advisers:

Asked on MSNBC’s “Morning Joe” who he consults about foreign policy, Trump replied; “I’m speaking with myself, number one, because I have a very good brain and I’ve said a lot of things.”

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Donald Trump

This totally contrasts the advice given by Machiavelli:

  • “A prudent prince must [choose] for his counsel wise men, and [give] them alone full liberty to speak the truth to him, but only of those things that he asks and of nothing else.
  • “But he must be a great asker about everything and hear their opinions, and afterwards deliberate by himself in his own way, and in these counsels…comport himself so that every one may see that the more freely he speaks, the more he will be acceptable.”

And Machiavelli has potent advice on the selection of advisers:

  • “The first impression that one gets of a ruler and his brains is from seeing the men that he has about him. 
  • “When they are competent and loyal one can always consider him wise, as he has been able to recognize their ability and keep them faithful. 
  • “But when they are the reverse, one can always form an unfavorable opinion of him, because the first mistake that he makes is in making this choice.” 

Consider some of the advisers Trump has relied on in his campaign for President: 

  • Founder of Latinos for Trump Marco Gutierrez told MSNBC’s Joy Reid: “My culture is a very dominant culture. And it’s imposing, and it’s causing problems. If you don’t do something about it, you’re gonna have taco trucks every corner.” 
  • At a Tea Party for Trump rally at a Harley-Davidson dealership in Festus, Missouri, former Missouri Republican Party director Ed Martin reassured the crowd that they weren’t racist for hating Mexicans.

From the outset of his Presidential campaign, Trump polled extremely poorly among Hispanic voters. Comments like these didn’t increase his popularity.

  • Wayne Root, opening speaker and master of ceremonies at many Trump campaign events, told Virginia radio host Rob Schilling: People on public assistance and women getting birth control through Obamacare should not be allowed to vote.

Comments like this are a big turn-off among the 70% of women who have an unfavorable opinion of him–and anyone who receives Medicaid, Medicare or Social Security.

  • Trump’s spokeswoman, Katrina Pierson, claimed that Barack Obama and Hillary Clinton were responsible for the death of Captain Humayun Khan–who was killed by a truck-bomb in Iraq in 2004.  

Obama became President in 2009–almost five years after Khan’s death. And Clinton became Secretary of State the same year.  

When your spokeswoman becomes a nationwide laughingstock, your own credibility goes down the toilet as well.

Finally, Machiavelli offers a related warning that especially applies to Trump: Unwise princes cannot be wisely advised.

  • “It is an infallible rule that a prince who is not wise himself cannot be well advised, unless by chance he leaves himself entirely in the hands of one man who rules him in everything, and happens to be a very prudent man. In this case, he may doubtless be well governed, but it would not last long, for the governor would in a short time deprive him of the state.”

All of which would lead Niccolo Machiavelli to warn, if he could witness American politics today: “This bodes ill for your Republic.”

A PRIMER FOR CONSPIRATORS: PART THREE (END)

In Bureaucracy, History, Law, Law Enforcement, Military, Politics, Social commentary on March 23, 2017 at 12:35 am

Niccolo Machiavelli, the father of modern political science, wrote that there are three periods of danger in a conspiracy:  

  • Dangers in organizing the plot
  • Dangers in executing the conspiracy
  • Dangers following the execution of the plot.   

The first two were covered in Part Two of this series.  Now, as to the third:

Dangers following the Execution of the Conspiracy: There is really but one—someone is left who will avenge the murdered prince.  These can be brothers, sons or other relatives, who have been spared by negligence or for other reasons. 

But of all the perils that follow the execution of a conspiracy, the most certain and fearful is the attachment of the people to the murdered prince. There is no remedy against this, for the conspirators can never secure themselves against a whole people. 

An example of this occurred in the case of Julius Caesar, who, being beloved by the people, was avenged by them.  

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Julius Caesar 

Machiavelli closes his chapter “Of Conspiracies” with advice to rulers on how they should act when they find a conspiracy has been formed against them.  

If they discover that a conspiracy exists against them, they must, before punishing its authors, strive to learn its nature and extent. And they must measure the danger posed by the conspirators against their own strength.

And if they find it powerful and alarming, they must not expose it until they have amassed sufficient force to crush it.  Otherwise, they will only speed their own destruction. They should try to pretend ignorance of it. If the conspirators find themselves discovered, they will be forced by necessity to act without consideration.  

The foregoing was taken from Book Three, Chapter Six, of Machiavelli’s masterwork, The Discourses on Livy, which was published posthumously in 1531. But elsewhere in this volume, he notes how important it is for rulers to make themselves loved–or at least respected–by their fellow citizens: 

Niccolo Machiavelli

Note how much more praise those Emperors merited who, after Rome became an empire, conformed to her laws like good princes, than those who took the opposite course. 

Titus, Nerva, Trajan, Hadrian, Antoninus and Marcus Auelius did not require the Praetorians nor the multitudinous legions to defend them, because they were protected by their own good conduct, the good will of the people, and by the love of the Senate.

On the other hand, neither the Eastern nor the Western armies saved Caligula, Nero, Vitellius and so many other wicked Emperors from the enemies which their bad conduct and evil lives had raised up against them.  

In his better-known work, The Prince, he warns rulers who–like Donald Trump–are inclined to rule by fear:

A prince should make himself feared in such a way that if he does not gain love, he at any rate avoids hatred: for fear and the absence of hatred may well go together.

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  Donald Trump

* * * * *

If Trump is aware of Machiavelli’s warnings, he has shown no signs of it.

Most Presidents have sought to make themselves seem friendly and caring toward their fellow Americans.

This held true even for Richard M. Nixon, when he made an impromptu visit to the Lincoln Memorial and engaged in a rambling dialogue with Vietnam war protesters. 

The encounter happened around 4 a.m. on May 9, 1970, shortly after the invasion of Cambodia. Nationwide outrage had exploded on college campuses, climaxing in the killing of four students at Kent State University on May 4.  

So young Vietnam antiwar protesters who had descended on Washington, D.C. were startled when Nixon suddenly appeared in their midst.

Even more startling: He had come with only a small number of Secret Service agents and his devoted White House valet, Manolo Sanchez.

Nixon, in his awkward way of trying to establish rapport, asked some of the students where they were from. When they said they attended Syracuse University, Nixon replied that it had a great football team.  

But Nixon and the protesters were separated by too many differences–in their views on sexuality, civil rights, dissent and war–to find common cause.

Still, Nixon at least made an effort to understand and reach an accommodation with his critics.

Since taking office on January 20, Donald Trump has made none.

Instead, he has:

  • Held a series of “victory rallies” with his Right-wing followers–like Adolf Hitler addressing his fellow Nazis at Nuremberg. 
  • Attacked the integrity of Federal judges who struck down his travel ban on Muslims.
  • Called the nation’s most prestigious news media “the enemy of the American people.”
  • Slandered truthful stories about his staffers’ ties to Russian Intelligence agents as “fake news.”
  • Falsely accused his predecessor, President Barack Obama, of wiretapping him.

These and other infamous actions have led to only 37% of Americans approving of his performance–while 58% disapprove. 

Trump’s approval rating is lower than that of any other President at this point in his first term in 72 years. Barack Obama’s rating at this point in his Presidency was 60%.  

By Machiavelli’s standards, Trump has made himself the perfect target for a conspiracy: “When a prince becomes universally hated, it is likely that he’s harmed some individuals–who thus seek revenge. This desire is increased by seeing that the prince is widely loathed.”

A PRIMER FOR CONSPIRATORS: PART TWO (OF THREE)

In Bureaucracy, History, Law, Law Enforcement, Military, Politics, Social commentary on March 22, 2017 at 12:14 am

More than 500 years ago, Niccolo Machiavelli, the Florentine statesman, authored The Discourses on Livy, a work of political history and philosophy. In it, he outlined how citizens of a republic can maintain their freedoms.  

One of the longest chapters–Book Three, Chapter Six–covers “Of Conspiracies.”  In it, those who wish to conspire against a ruler will find highly useful advice.  

And so will those who wish to foil such a conspiracy.  

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Niccolo Machiavelli

Writes Machiavelli:

For conspirators, there are three ways their efforts can be foiled:

  • Discovery through denunciation;
  • Discovery through incautiousness;
  • Discovery through writings.

Discovery through Denunciation: This occurs through treachery or lack of prudence among one or more conspirators.  

Treachery is so common that you can safely tell your plans to only your most trusted friends who are willing to risk their lives for your sake.  You may find that you have only one or two of these. 

But as you are bring more people into the conspiracy, the chances of discovery greatly increase. It’s impossible to find many who can be completely trusted: For their devotion to you must be greater than their sense of danger and fear of punishment.  

Discovery through Carelessness: This happens when one of the conspirators speaks incautiously, so that a third person overhears it  Or it may occur from thoughtlessness, when a conspirator tells the secret to his wife or child, or to some other indiscreet person.  

When a conspiracy has more than three or four members, its discovery is almost certain, either through treason, imprudence or carelessness. 

If more than one conspirator is arrested, the whole plot is discovered, for it will be impossible for any two to agree perfectly as to all their statements.  

If only one is arrested, he may–through courage and stubbornness–be able to conceal the names of his accomplices. But then the others, to remain safe, must not panic and flee, since this is certain to be discovered.

If one of them becomes fearful–whether it’s the one who was arrested or is still at liberty–discovery of the conspiracy is certain. 

The best way to avoid such detection is to confide your project to your intended fellow conspirators at the moment of execution–and not sooner.  

A classic example of this occurred in ancient Persia: A group of nobles assembled to discuss overthrowing a usurper to the throne.  The last one to arrive was Darius.

When one of the conspirators asked, “When should we strike?” Darius replied: “We must either go now at this very moment and carry it into execution, or I shall go and denounce you all.  For I will not give any of you time to denounce me.”

At that, they went directly to the palace, assassinated the usurper and proclaimed Darius their new king.

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Discovery through Writings: You may talk freely with anyone man about everything, for unless you have committed yourself in writing, the “Yes” of one man is worth as much as the “No” of another. 

Thus, you should guard most carefully against writing, as against a dangerous rock, for nothing will convict you quicker than your own handwriting.

You may escape, then, from the accusation of a single individual, unless you are convicted by some writing or other pledge, which you should be careful never to give.  

If you are denounced, there are means of escaping punishment:

  • By denying the accusation and claiming that the person making it hates you; or
  • Claiming that your accuser was tortured or coerced into giving false testimony against you.

But the most prudent course is to not tell your intentions to anyone, and to carry out the attempt yourself.  

Even if you’re not discovered before you carry out your attack, there are still two dangers facing a conspirator:

Dangers in Execution: These result from:

  • An unexpected change in the routine of the intended target;
  • The lack of courage among the conspirators; or
  • An error on their part, such as leaving some of those alive whom the conspirators intended to kill.  

Adolf Hitler, who claimed to have a sixth-sense for danger, was famous for changing his routine at the last minute. 

Adolf Hitler

On November 9, 1939, this instinct saved his life. He had been scheduled to give a long speech at a Munich beer hall before the “Old Fighters” of his storm troopers. 

But that evening he cut short his speech and left the beer hall. Forty-five minutes later, a bomb exploded inside a pillar–before which Hitler had been speaking.

Conspirators can also be doomed by their good intentions.  

In 44 B.C., Gaius Cassius, Marcus Brutus and other Roman senators decided to assassinate Julius Caesar, whose dictatorial ambitions they feared.

Cassius also intended to murder Mark Anthony, Caesar’s strongest ally. But Brutus objected, fearing the plotters would look like butchers, not saviors. Even worse, he allowed Anthony to deliver a eulogy at Caesar’s funeral.

This proved so inflammatory that the mourners rioted, driving the conspirators out of Rome. Soon afterward, they were defeated in a battle with the legions of Anthony and Octavian Caesar–and forced to commit suicide to avoid capture and execution.

A PRIMER FOR CONSPIRATORS: PART ONE (OF THREE)

In Bureaucracy, History, Law, Law Enforcement, Military, Politics, Social commentary on March 21, 2017 at 12:08 pm

In the 1973 movie, “The Day of the Jackal,” a methodical assassin devises an ingenious plan to kill French President Charles de Gaulle.  

Despite the best efforts of French security forces to entrap him, he eludes them time and again–and comes within an ace of assassinating de Gaulle.

Day of the Jackal 1973 Poster.jpg

“The Day of the Jackal” is fiction, based on a 1971 novel by Frederick Forsythe. In real life, most would-be political assassins lack the skills and sophistication of Forsythe’s anti-hero.

Take the case of the man who, on March 18, jumped over a bicycle rack outside the security perimeter of the White House. Within two minutes, agents of the U.S. Secret Service had tackled and arrested him.

Then, hours later, a motorist drove up to a White House checkpoint and claimed to have a bomb. Secret Service agents immediately arrested him and seized the stolen 2017 Chevrolet Impala.  After a careful search, no explosives were found.

Both men will face criminal prosecution–and probably years in prison.

Even if they had been armed, President Donald J. Trump would not have faced any danger.

For the fifth time since taking office on January 20, he was in Florida, vacationing at his Mar-a-Lago resort.

That does not mean, of course, that future assassins will prove so inept.

More than 500 years ago, Niccolo Machiavelli, the father of modern political science, offered sound advice for would-be conspirators–and for rulers seeking to thwart conspiracies.

Niccolo Machiavellil

Niccolo Machiavelli: When a prince becomes universally hated, it is likely that he’s harmed some individuals–who thus seek revenge. This desire is increased by seeing the prince is widely loathed. 

A prince, then, should avoid incurring such universal hatred….

By doing this, he protects himself from such vengeance-seekers. There are two reasons for this:

(1) Men rarely risk danger to avenge a wrong; and

(2) Even if they want to avenge a wrong, they know they will face almost universal condemnation because the prince is held in such high esteem.  

So much for Machiavelli.  

Now consider some of the tweets of “White House Staffer,” a self-proclaimed member of the Trump administration who claims 133,000 Twitter followers.

Since January 27, he has blasted a series of short, information-crammed tweets about daily life in the Executive Mansion.  

[NOTE: Although I can’t confirm the legitimacy of his status or his tweets, I believe they are real. They contain too many small, intimate secrets of life in a paranoia-laced White House to not be genuine.]  

White House Staffer: March 16: Sean Hannity was asked to be Press Secretary last week. He turned it down because he didn’t want to take the pay cut. [Sean] Spicer survives.

March 13: POTUS [President of the United States] is thinking about suspending daily press briefings until the media “learn to be nice.” [Steve] Bannon [a top Trump adviser] is pushing for it.  

March 1: Well the good times didn’t last long here. POTUS is back to flipping out on us.

Donald Trump Pentagon 2017.jpg

Donald Trump

Niccolo Machiavelli: He who is threatened, and decides to avenge himself on the prince, becomes a truly dangerous man.

Anger is most likely aroused by injury to a a man’s property or honor. A prince should carefully avoid injuring either, for such a victim will always desire vengeance.   

White House Staffer: February 27: [Steve] Bannon is the scariest person here. He’s broken so much White House stuff by throwing it in anger. Plates, phones, chairs, etc.

February 27: It’s one thing to swear but [Steve] Bannon does it in front of the women here. C**t this, c**t that. He can’t finish a sentence without it.  

February 25: The President keeps saying we’re a finely tuned machine. If that’s true why has he been fricking screaming at us all week? He’s losing it.

Machiavelli draws a distinction between plots and conspiracies. A plot may be formed by a single individual or by many. The first isn’t a conspiracy, since that would involve at least two participants.   

A single plotter avoids the danger faced by two or more conspirators: Since no one knows his intention, he can’t be betrayed by an accomplice.  

Anyone may form a plot, whether he is prominent or insignificant, because everyone is at some time allowed to speak to the prince. And he can use this opportunity to satisfy his desire for revenge.    

On the other hand, says Machiavelli, the dangers of assassination by a trusted intimate are slight: Few people dare to assault a prince. Of those who do, few or none escapes being killed in the attempt, or immediately afterward. As a result, only a small number of people are willing to incur such certain death.  

Those who take part in a conspiracy against a ruler are “the great men of the state, or those on terms of familiar intercourse with the prince.”

These are men who have access to him. Julius Caesar, for example, was stabbed to death by members of the Roman Senate, who feared his assuming dictatorial powers.

And Adolf Hitler was conspired against by colonels and generals of the German Army. He was in fact holding a war conference when a briefcase bomb exploded, killing three officers and a stenographer, but leaving Hitler only slightly injured.

BENEDICT ARNOLD, CAPITALIST HERO: PART FOUR (END)

In Bureaucracy, History, Law, Politics, Social commentary on December 12, 2016 at 12:41 am

Niccolo Machiavelli, the father of modern politics, warns in his masterwork, The Discourses:

All those who have written upon civil institutions demonstrate…that whoever desires to found a state and give it laws, must start with assuming that all men are bad and ever ready to display their vicious nature, whenever they may find occasion for it.

If their evil disposition remains concealed for a time, it must be attributed to some unknown reason; and we must assume that it lacked occasion to show itself. But time, which has been said to be the father of all truth, does not fail to bring it to light. 

Where the crimes of corporate employers are concerned, Americans need not wait for their evil disposition to reveal itself. It has been fully revealed for decades.

Niccolo Machiavelli

Increased media attention to “income inequality” has led some Democratic lawmakers to press for a long-overdue reform: Raising the stock threshold to 50%, making it harder for firms to abandon their country.

Yet a more comprehensive reform package would include legislation that mandates:

  • American companies that move their headquarters abroad would be officially declared “agents of a foreign power engaged in hostile activity against the United States.”
  • Those “foreign-owned” companies would be forbidden to sell products within the United States. 
  • Their assets would be subject to seizure by the Internal Revenue Service.
  • The citizenship of those Americans engaged in such activity would be revoked and they would be ordered to leave the United States or face criminal prosecution for treason–and face trial for this if they returned. 

Public Campaign is a non-profit, non-partisan organization dedicated to eliminating special interest money in American politics by securing publicly-funded elections at local, state and federal levels.

According to Public Campaign: “Twenty-five profitable Fortune 500 companies, some with a history of tax dodging, spent more on lobbying than they paid in federal taxes between 2008 and 2012….

“Over the past five years, these 25 corporations generated nearly $170 billion in combined profits and received $8.7 billion in tax rebates while paying their lobbyists over half a billion ($543 million), an average of nearly $300,000 a day.

“Based on newly released data by Citizens for Tax Justice, these 25 companies actually received tax refunds overall those five years.

“So most individual American families and small businesses have bigger tax bills than these corporate giants. Unfortunately, most American families and businesses do not have the lobbying operation and access these 25 companies enjoy.”

Several companies on this list are well-known–and spend millions of dollars on self-glorifying ads every year to convince consumers how wonderful they are. Among these:

  • General Electric
  • PG&E Corp
  • Verizon Communications
  • Boeing
  • Consolidated Edison
  • MetroPCS Communications

Republicans–and some Democrats–have tirelessly defended the greed of the richest and most privileged in America. For example, they have dubbed the estate tax–which affects only a tiny, rich minority–“the death tax.”  

This makes it appear to affect everyone. So millions of poor and middle-class Americans who will never have to pay a cent in estate taxes vigorously oppose it. 

It’s time to recognize that a country can be betrayed for other than political reasons. It can be sold out for economic ones, too.

Trea$on

The United States desperately needs a new definition of treason–one that takes into account the following:  

  • Employers who set up offshore accounts to claim their American companies are foreign-owned–and thus exempt from taxes–are traitors.
  • Employers who enrich themselves by firing American workers and moving their plants to other countries–are traitors.
  • Employers who systematically violate Federal immigration laws–to hire illegal aliens at cut-rate wages–instead of American workers–are traitors.  

For thousands of years, otherwise highly intelligent men and women believed that kings ruled by divine right. That kings held absolute power, levied extortionate taxes and sent countless millions of men off to war–all because God wanted it that way.

That lunacy was dealt a deadly blow in 1776 when American Revolutionaries threw off the despotic rule of King George III of England.

But today, millions of Americans remain imprisoned by an equally outrageous and dangerous theory: The Theory of the Divine Right of Employers.

America can no longer afford such a dangerous fallacy as the Theory of the Divine Right of Employers.

The solution lies in remembering that the powerful never voluntarily surrender their privileges. Americans did not win their freedom from Great Britain–and its enslaving doctrine of the “divine right of kings”–by begging for their rights.

Americans will not win their freedom from their corporate masters–and the equally enslaving doctrine of “the divine right of employers”–by begging for the right to work and support themselves and their families.

And they will most certainly never win such freedom by supporting Right-wing political candidates whose first and only allegiance is to the corporate interests who bankroll their campaigns.

Corporations can–and do–spend millions of dollars on TV ads, selling lies–such as if the wealthy are forced to pay their fair share of taxes, jobs will inevitably disappear.

But Americans can choose to reject those lies–and demand that employers behave like patriots instead of predators.

BENEDICT ARNOLD, CAPITALIST HERO: PART THREE (OF FOUR)

In Bureaucracy, History, Law, Politics, Social commentary on December 9, 2016 at 12:22 am

The British offered Revolutionary War General Benedict Arnold £20,000 for betraying West Point to the Crown.

Benedict Arnold

But Arnold was a piker compared to companies that are raking in literally billions of untaxed dollars by betraying the United States in its time of economic trial.

To avoid paying their legitimate share of taxes, they move their headquarters overseas to countries with reduced tax rates. In tax parlance, this is called an “inversion.”

For almost 20 years, tax-avoiding corporations fled to Caribbean countries such as Bermuda and the Cayman Islands. But in 2004, Congress ruled that American companies could relocate overseas if foreign shareholders owned 20% of their stock.

According to statistics compiled by the Congressional Research Service (CRS) in 2014:

“Forty-seven U.S. corporations have reincorporated overseas through corporate inversions in the last 10 years, far more than during the previous 20 years combined.

“In total, 75 U.S. corporations have inverted since 1994 – with one other inversion occurring in 1983. What’s more, there are a dozen prospective inversion deals involving U.S. corporations looking to reincorporate overseas, according to CRS

“The new data underscores the significant increase in the number of U.S. corporations that have or are seeking to lower their U.S. taxes by reincorporating overseas.

“It also adds urgency to a legislative solution. Ways and Means Committee Ranking Member Sander Levin in May introduced legislation that would tighten rules to limit inversions.

“The Joint Committee on Taxation estimates that the legislation would save $19.5 billion over 10 years. Companion legislation was introduced in the Senate by Sen. Carl Levin.

“‘Barely a week seems to pass without news that another corporation plans to move its address overseas simply to avoid paying its fair share of U.S. taxes,’” said Ranking Member Levin.

“These corporate inversions are costing the U.S. billions of dollars and undermining vital domestic interests.

“‘We can and should address this problem immediately through legislation to tighten rules to limit the ability of corporations to simply change their address and ship U.S. tax dollars overseas.’”

Among those companies that have chosen to betray their country in its time of economic need:

INVERSION YEAR COMPANY NAME TYPE COUNTRY OF INCORPORATION REVENUE
1983 McDermott International Engineering Panama $2.7 billion
1994 Helen of Troy Consumer Products Bermuda $1.3 billion (FY 2014)
1996 Triton Energy Oil and Gas Cayman Islands Acq by Hess in ’01
1996 Chicago Bridge & Iron (CBI) Engineering Netherlands $11.1 billion
1997 Tyco International Diversified Manufacturer Bermuda $10.6 billion
1997 Santa Fe International Oil and Gas Cayman Islands Acq by Transocean in ’07
1998 Fruit of the Loom Apparel Manufacturer Cayman Islands private company
1998 Gold Reserve Mining Bermuda N/A
1998 Playstar Corp. Toys Antigua Acq by Premier Mobile in ’06
1999 Transocean Offshore Drilling Cayman Islands $9.4 billion
1999 White Mountain Insurance Insurance Bermuda $2.3 billion
1999 Xoma Corp. Biotech Bermuda $35.5 million
1999 PXRE Group Insurance Bermuda Acq by Argonaut Group in ’07
1999 Trenwick Group Insurance Bermuda Acq by LaSalle Re Holdings in ’00
2000 Applied Power Engineering Bermuda Now called Actuant $494 million
2000 Everest Reinsurance Insurance Bermuda $5.6 billion
2000 Seagate Technology Data Storage Cayman Islands $14.4 billion
2000 R&B Falcon Drilling Cayman Islands Acq by Transocean in ’00
2001 Global Santa Fe Corp. Offshore Drilling Cayman Islands Acq by Transocean in ’07
2001 Foster Wheeler Engineering Bermuda $559 million
2001 Accenture Consulting Bermuda $28.6 billion (FY 2013)
2001 Global Marine Engineering Cayman Islands Acq by Bridgehouse Capital in ’04
2002 Noble Corp. Offshore Drilling Cayman Islands $4.2 billion
2002 Cooper Industries Electrical Products Bermuda Acq by Eaton in ’12
2002 Nabor Industries Oil and Gas Bermuda $1.6 billion
2002 Weatherford International Oil and Gas Bermuda $15.2 billion
2002 Ingersoll-Rand Industrial Manufacturer Bermuda $12.3 billion
2002 PricewaterhouseCoopers Consulting Consulting Bermuda N/A
2002 Herbalife International Nutrition Cayman Islands $4.8 billion (sales)
2005 Luna Gold Corp Mining Canada $85.3 million
2007 Lincoln Gold Group Mining N/A  
2007 Western Goldfields Mining N/A Acq by New Gold in ’09
2007 Star Maritime Acquisition Grp Shipping N/A Now Star Bulk $69 million
2007 Argonaut Group Insurance Bermuda $1.4 billion
2007 Fluid Media Networks Music Distribution    
2008 Tyco Electronics Industrial Manufacturer Switzerland Now TE Connectivity $3.4 billion (FY ’13)
2008 Foster Wheeler Engineering Bermuda $3.3 billion
2008 Covidien Healthcare Ireland $10.2 billion
2008 Patch International Inc Oil and Gas Canada  
2008 Arcade Acquisition Group Financial    
2008 Energy Infrastructure Acquisition Group Energy    
2008 Ascend Acquisition Group Electronics N/A Acq by Kitara Media in ’13
2008 ENSCO International Oil and Gas United Kingdom $4.9 billion
2009 Tim Hortons Inc Restaurant Chain Canada $3.2 billion
2009 Hungarian Telephone & Cable Corp. Telecommunications Denmark $219 million
2009 Alpha Security Group Security N/A  
2009 Alyst Acquisition Group Financial N/A Acq by China Networks Media in ’09
2009 2020 ChinaCap Acquirco Financial N/A Acq by Exceed Co. in ’09
2009 Ideation Acquisition Grp Private Equity N/A Acq by SearchMedia in ’09
2009 InterAmerican Acquisition Grp Business Management N/A Acq by Sing Kung Ltd in ’09
2009 Vantage Energy Services Offshore Drilling Cayman Islands $732 million
2009 Plastinum Polymer Tech Corp. Industrial Manufacturer    
2010 Valient Biovail Pharmaceuticals Canada $5.7 billion
2010 Pride International Offshore Drilling United Kindom Acq by Ensco in ’11
2010 Global Indemnity Insurance Ireland $319 billion
2011 Alkermes, Inc. Biopharmaceutical Ireland $575 million
2011 TE Connectivity Industrial Manufacturer Switzerland $13.3 billion
2011 Pentair Water Filtration Switzerland $7.5 billion
2012 Rowan Companies Oil Well Drilling United Kindom $1.5 billion
2012 AON Insurance United Kindom $11.8 billion
2012 Tronox Inc Chemical Australia $1.9 billion
2012 Jazz Pharmaceuticals / Azur Pharma Pharmaceuticals Ireland $872 million
2012 D.E. Master Blenders Coffee Netherlands $3.5 billion
2012 Stratasys Printer Manufacturer Israel $486.7 million
2012 Eaton/Cooper Power Management Ireland $22 billion
2012 Endo Health Solutions Pharmaceuticals Ireland $2.6 billion
2013 Liberty Global PLC Cable Company United Kindom $17.3 billion
2013 Actavis / Warner Chilcott Pharmaceuticals Ireland $8.7 billion
2013 Perrigo/Elan Pharmaceuticals Ireland $3.5 billion (FY 2013)
2013 Cadence Pharmaceuticals Pharmaceuticals Ireland $110 million
2014 Mallinckrodt Pharmaceuticals Pharmaceuticals Ireland $2.2 billion
2014 Chiquita Brands Produce Ireland $3 billion
2014 Medtronic Pharmaceuticals Ireland $16.5 billion

SOURCE: Source: Ways and Means Committee Democrats. GRAPHIC: Danielle Douglas – The Washington Post. Published Aug. 6, 2014.

The most popular countries for these “inversions” are:

  • The Cayman Islands
  • Bermuda
  • Canada
  • United Kingdom
  • Ireland
  • Switzerland
  • Netherlands

BENEDICT ARNOLD, CAPITALIST HERO: PART TWO (OF FOUR)

In Bureaucracy, History, Law, Politics, Social commentary on December 8, 2016 at 11:04 am

On May 13, 2012, Forbes magazine ran an Op-Ed piece under the headline: “For De-Friending The U.S., Facebook’s Eduardo Saverin Is an American Hero.”

Democratic Senator Chuck Schumer of New York angrily disagreed.

Chuck Shumer

“It is scary. It is a scary, absurd place where even a tax dodger who renounces America for his own 30 pieces of silver is celebrated as a patriot and an American hero.

“It is perverse. I am appalled by making heroic a man who renounces citizenship to escape a tax rate of capital gains of 15%.

“No one gets rich in America on their own,” Schumer said. “And when people do well in America, they should do well by America. I believe the vast majority of Americans believe this, too.”

From that Op-Ed piece:

“Saverin’s flight from the U.S. is yet another reminder of the superiority of a national consumption tax that in a perfect world would be implemented in concert with the abolition of the I.R.S.”

It’s tempting to imagine a world without an agency to collect taxes. But it’s nightmarish to contemplate a world where there were no taxes to pay for

  • a powerful military to protect us;
  • an FBI to combat terrorism and organized crime;
  • an FAA to safely regulate airline traffic;
  • agencies to repair roads;
  • agencies to erect public buildings (such as schools, courts and libraries) and
  • agencies (such as the EPA and FDA) to protect us from predatory businessmen.

The Op-Ed piece further asserts that “you cannot limit the power of the Federal Government if its officials hold the power to tax incomes.” 

Every nation in history–-whether a democracy or a dictatorship, whether capitalist, socialist or communist–-has understood the absolute necessity for collecting public revenues. And it has created means by which to do so.

“When individuals resist governmental hubris, we should exalt their actions.”

We should, in short, celebrate those who come to the United States to make fortunes they could not make anywhere else–-and then, when they do, turn their backs on their adopted country.

We should rejoice that they have stuffed billions of dollars more into their already-fat pockets and left their supposed fellow countrymen to shift for themselves.

“In an ideal world the Federal Government should implement a consumption tax.  And if, as a result, poor people suffer because they’re taxed at the same level as rich ones, fine. 

“Everyone should know how much it costs to run the government.”

Of course we should have a “regressive” tax that “hits low incomes at the same percentage as high ones.   

Of course, those who are barely able to feed their families or can’t afford medical care should pay as much in taxes as a rich parasite who, like Mitt Romney, throws out $10,000 bets like so many dimes.

“If the Federal Government can’t fund all its programs because rich people like Saverin refuse to pay taxes, then U.S. taxpayers generally will have to make good for the missing taxes.  It’s the fault of Congress that it cannot put an end to any program.”

For billionaires like Saverin and the well-heeled types who subscribe to Forbes, it doesn’t matter whether “the Federal Government can’t fund all its programs.”

San Simeon, estate of William Randolph Hearst

Greed-obsessed “swells” like Saverin:

  • don’t depend on Medicare–they can easily afford the best doctors money can buy;
  • don’t have to depend on Social Security to see them through old age;
  • don’t have to worry about standing in food bank lines;
  • don’t need to rely on police departments–if they’re threatened, they can easily afford round-the-clock bodyguards; 
  • don’t need consumer protection agencies; if they’re victimized by unscrupulous businessmen, they can hire platoons of lawyers and private detectives.

A contemporary writer who warned of America’s abandonment by its privileged classes was Christopher Lasch. In his posthumously published last book, The Revolt of the Elites and the Betrayal of Democracy [2005] he wrote:

“There has always been a privileged class, even in America. But it has never been so dangerously isolated from its surroundings.

“George Bush’s [the president who served from 1989 to 1992] wonderment, when he saw for the first time an electronic scanning device at a supermarket checkout counter, revealed…the chasm that divides the privileged classes from the rest of the nation.”

Until recently, wrote Lasch, American cultural and economic elites willingly shouldered civic responsibilities. But in post-modern capitalism, a professional elite defines itself as entirely separate from civic concerns.

The new elites flourish through enterprises that operate across international borders. The rich in America have more in common with their fellows in Europe or Asia than with the vast majority of their fellow Americans who don’t share their comfortable surroundings.

Thus, the privileged class in America–the top 1%–has separated itself from the crumbling public services and industrial cities that are used and lived in by the rest of the country’s citizens.

Even worse, our society has condoned their exalted status. The dust jacket blurb for James Patterson’s crime-thriller, NYPD Red, says it best:

“NYPD Red is a special task force charged with protecting the interests of Manhattan’s wealthiest and most powerful citizens.”

It’s time to protect the 99% of America’s citizens against the predators of its 1% wealthiest.

BENEDICT ARNOLD: CAPITALIST HERO: PART ONE (OF FOUR)

In Bureaucracy, History, Law, Politics, Social commentary on December 7, 2016 at 12:54 am

Americans need to realize that a country can be betrayed for other than political reasons.  It can be sold out for economic ones, too

On May 15, 2012, Facebook co-founder Eduardo Saverin renounced his U.S. citizenship.

Born in Brazil, the 30-year-old Saverin became a U.S. citizen in 1998 but had lived in Singapore since 2009.

Eduardo Saverin 

Giving up his citizenship allowed him to avoid paying taxes on billions of dollars on capital gains when Facebook launched its IPO on May 18, 2012. Singapore does not have a capital gains tax.

And America’s extreme Right couldn’t have been happier.

Take Rush Limbaugh, the Right-wing talk-show host. The Rush Limbaugh Show airs throughout the U.S. on over 400 stations and is the highest-rated talk-radio program in the United States.

When Limbaugh speaks, his “dittohead” audience listens–and acts as he decrees.

Rush Limbaugh

“So if it’s a more favorable tax haven that you can find elsewhere and you go there,” asked Limbaugh, “why is it automatically that you are unpatriotic?

“Why is it automatically that you are a coward, that you are not paying your fair share? It’s this whole class envy thing rearing its head again.”

For Limbaugh, the villain isn’t a billionaire who turns his back on the country that gave him the opportunity to become one. No, the villain lies in those who believe that even wealthy businessmen should behave like patriots–instead of parasites.

“But [Barack Obama is] out there demonizing successful people every day,” said Limbaugh, “targeting successful people every day, running a presidential campaign based on class warfare, trying to get the 99% of the country who are not in the top 1% to hate the 1%, to literally despise ’em.”

Consider the implications of this: 

On November 1, 2011, Forbes magazine reported that, in 2007, the richest 1% of the American population owned 34.6% of the country’s total wealth, and the next 19% owned 50.5%. 

Thus, the top 20% of Americans owned 85% of the country’s wealth and the bottom 80% of the population owned 15%.

According to Limbaugh’s philosophy, the bottom 80% of the population owning 15% of the country’s wealth should pay homage to the top 20% of Americans who own 85% of the country’s wealth.

In short, they should “know their place” and not expect the moneyed few to pay their fair share of taxes.

Of course, this is to be expected of Limbaugh–whose own wealth makes him a multi-millionaire. 

In 2001, U.S. News & World Report noted that Limbaugh had an eight-year contract, with Clear Channel Communications, for $31.25 million a year.

And according to a July 2, 2008, Matt Drudge column, Limbaugh signed a contract extension through 2016 that is worth over $400 million.

And Limbaugh wasn’t alone in his praise for Saverin.

Another right-winger who defends those who run out on their country is anti-tax activist Grover Norquist.

On May 7, 2012, two Democratic Senators–Chuck Schumer of New York and Bob Casey of Pennsylvania–introduced legislation designed to tax expatriates even after they have left the country. 

Their “Ex-PATRIOT Act” would have imposed a mandatory 30% tax on American investments for those who renounce their citizenship and would also prohibit individuals like Saverin from re-entering the country.  

But the bill died in committee. 

In 2013, Schumer and two other Senators added similar provisions to a major immigration reform bill. But their amendment was not included in the version of the bill that passed the Senate. 

“Saverin has turned his back from the country that welcomed him, kept him safe, educated him and helped him become a billionaire,” Schumer said at a press conference. He added that it was time to “de-friend” the Facebook co-founder.

Norquist, the president of Americans for Tax Reform (ATF) said the targeting people that turn in their passports reminded him of regimes that had driven people out of the country, only to confiscate their wealth at the door.

Grover Norquist

“I think Schumer can probably find the legislation to do this,” said Norquist. “It existed in Germany in the 1930s and Rhodesia in the ’70s and in South Africa as well. He probably just plagiarized it and translated it from the original German.”

On the floor of the Senate, Schumer denounced Norquist in return:

“I know a thing or two about what the Nazis did. Some of my relatives were killed by them.

“Saying that a person who made their fortune specifically because of the positive elements in American society, in turn, has a responsibility to do right by America is not even on the same planet as comparing to what Nazis did to Jews.”

Chuck Schumer

Schumer added that he found it troubling that conservatives would lionize someone like Saverin, who was called “an American hero” by Forbes magazine.

On May 13, 2012, Forbes–which describes itself as “The Capitalist Tool”–had run an Op-Ed piece under the headline: “For De-Friending The U.S., Facebook’s Eduardo Saverin Is an American Hero.”

“Can you believe it?” asked Schumer. “An American hero? Renouncing your citizenship now qualifies as heroic for the hard Right-wing?”

“This has gone so far, this idolatry they have taken to such an extreme end, they make Eduardo Saverin into their patron saint. In the name of low taxes for the wealthy, they have lionized an inherently unpatriotic person.” 

MACHIAVELLI’S VERDICT ON TRUMP

In Bureaucracy, History, Military, Politics, Social commentary on November 8, 2016 at 9:41 am

No shortage of pundits have sized up Donald Trump as a man and Presidential candidate.  

But how does Trump measure up in the estimate of Niccolo Machiavelli, the 16th-century Florentine statesman?

It is Machiavelli whose two great works on politics–The Prince and The Discourses–remain textbooks for successful politicians more than 500 years later.  

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Niccolo Machiavelli

Let’s start with Trump’s notoriety for hurling insults at virtually everyone, including:  

  • Latinos
  • Asians
  • Muslims
  • Blacks
  • The Disabled
  • Women
  • Prisoners-of-War

These insults delight his white, under-educated followers. But they have alienated millions of other Americans who might have voted for him.

Now consider Machiavelli’s advice on gratuitously handing out insults and threats:

  • “I hold it to be a proof of great prudence for men to abstain from threats and insulting words towards any one.
  • “For neither the one nor the other in any way diminishes the strength of the enemy–but the one makes him more cautious, and the other increases his hatred of you, and makes him more persevering in his efforts to injure you.”

For those who expect Trump to shed his propensity for constantly picking fights, Machiavelli has a stern warning:

  • “…If it happens that time and circumstances are favorable to one who acts with caution and prudence he will be successful.  But if time and circumstances change he will be ruined, because he does not change the mode of his procedure.
  • “No man can be found so prudent as to be able to adopt himself to this, either because he cannot deviate from that to which his nature disposes him, or else because, having always prospered by walking in one path, he cannot persuade himself that it is well to leave it…
  • “For if one could change one’s nature with time and circumstances, fortune would never change.”

Then there is Trump’s approach to consulting advisers:

Asked on MSNBC’s “Morning Joe” who he consults about foreign policy, Trump replied; “I’m speaking with myself, number one, because I have a very good brain and I’ve said a lot of things.”

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Donald Trump

This totally contrasts the advice given by Machiavelli:

  • “A prudent prince must [choose] for his counsel wise men, and [give] them alone full liberty to speak the truth to him, but only of those things that he asks and of nothing else.
  • “But he must be a great asker about everything and hear their opinions, and afterwards deliberate by himself in his own way, and in these counsels…comport himself so that every one may see that the more freely he speaks, the more he will be acceptable.”

And Machiavelli has potent advice on the selection of advisers:

  • “The first impression that one gets of a ruler and his brains is from seeing the men that he has about him. 
  • “When they are competent and loyal one can always consider him wise, as he has been able to recognize their ability and keep them faithful. 
  • “But when they are the reverse, one can always form an unfavorable opinion of him, because the first mistake that he makes is in making this choice.” 

Consider some of the advisers Trump has relied on in his campaign for President: 

  • Founder of Latinos for Trump Marco Gutierrez told MSNBC’s Joy Reid: “My culture is a very dominant culture. And it’s imposing, and it’s causing problems. If you don’t do something about it, you’re gonna have taco trucks every corner.” 
  • At a Tea Party for Trump rally at a Harley-Davidson dealership in Festus, Missouri, former Missouri Republican Party director Ed Martin reassured the crowd that they’re not racist for hating Mexicans.

From the outset of his Presidential campaign, Trump has polled extremely poorly among Hispanic voters. Comments such as these guaranteed his poll figures wouldn’t improve.

  • Wayne Root, opening speaker and master of ceremonies at many Trump events, told Virginia radio host Rob Schilling that people on public assistance and women who get their birth control through Obamacare should not be allowed to vote.

Comments like this didn’t increase Trump’s popularity with the the 70% of women who have an unfavorable opinion of him. Nor with anyone who receives Medicaid, Medicare or Social Security.

  • Trump’s spokeswoman, Katrina Pierson, claimed that Barack Obama and Hillary Clinton were responsible for the death of Captain Humayun Khan–who was killed by a truck-bomb in Iraq in 2004.  

Obama became President in 2009–almost five years after Khan’s death. And Clinton became Secretary of State the same year.  

When your spokeswoman becomes a nationwide laughingstock, your own credibility goes down the toilet as well.

Finally, Machiavelli offers a related warning that especially applies to Trump: Unwise princes cannot be wisely advised.

  • “It is an infallible rule that a prince who is not wise himself cannot be well advised, unless by chance he leaves himself entirely in the hands of one man who rules him in everything, and happens to be a very prudent man. In this case, he may doubtless be well governed, but it would not last long, for the governor would in a short time deprive him of the state.”

All of which would lead Niccolo Machiavelli to warn, if he could witness American politics today: “This bodes ill for your Republic.”

BRINGING JUSTICE TO CEOs: (CORRUPT, EGOTISTICAL OLIGARCHS): PART TWO (END)

In Bureaucracy, Business, History, Law, Law Enforcement, Medical, Politics, Social commentary on August 30, 2016 at 12:25 am

Mylan Pharmaceuticals CEO Heather Bresch is on a roll.  

  • Since 2004, she has hiked the price of a life-saving EpiPen from $50 to $300–or $600 for a package of two.
  • She has seen her own salary steadily rise more than 600% to a current total of $18 million a year.
  • The device now accounts for 40% of Mylan’s profits.  

But in playing greed-based games with the lives of millions of Americans, Bresch, 47, may have put her company–and even herself–in jeopardy.  

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Heather Bresch

EpiPens have been mandatory for public schools in at least 11 states since Congress passed the 2013 School Access to Emergency Epinephrine Act. This occurred after Mylan spent $4 million lobbying Congress.  

When the lives of their children are threatened, adults who can stoically accept the inevitability of their own deaths can become dangerously emotional about the fates of their sons or daughters.

As national news media spread the word of Mylan’s unconscionable price increases, American consumers are making their rage increasingly known.

There are three ways this could be expressed: Political, Legal, and Illegal.  

Political: Minnesota U.S. Senator Amy Klobuchar has called for an official investigation by the Senate Judiciary Committee and the Federal Trade Commission (FTC) into the price hike:

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Senator Amy Klobuchar

“I write to request the Federal Trade Commission investigate whether Mylan Pharmaceuticals has violated the antitrust laws regarding the sale of its epinephrine auto-injector, EpiPen. Many Americans, including my own daughter, rely on this life-saving product to treat severe allergic reactions.  

“Although the antitrust laws do not prohibit price gouging, regardless of how unseemly it may be, they do prohibit the use of unreasonable restraints of trade to facilitate or protect a price increase.” 

Other Senators who have called for hearings include Iowa’s Charles Grassley, Connecticut’s Richard Blumenthal and former Democratic presidential contender Vermont Senator Bernie Sanders. 

“I have heard from one father in Iowa who recently purchased a refill of his daughter’s EpiPen prescription. He reported that to fill the prescription, he had to pay over $500 for one EpiPen,” wrote Grassley to Bresch. “The high cost has also caused some first responders to consider making their own kits with epinephrine vials and syringes.”

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Senator Charles Grassley

“There’s no reason an EpiPen, which costs Mylan just a few dollars to make, should cost families more than $600,” tweeted Sanders on Twitter.

A second expression of political fallout could ultimately be the adoption of a single-payer healthcare system. Under this, a “single-payer” fund, rather than private insurers, pays for healthcare costs. The healthcare delivery system can be private, public or a combination of the two.  

Owing to the belief of millions of Right-wing Americans that such a system is “Communistic,” this is unlikely to be adopted within the foreseeable future.  

Legal: Individual Americans–and/or the U.S. Department of Justice–could file civil lawsuits against Mylan Pharmaceuticals under the Racketeer Influenced Corrupt Organizations (RICO) Act.  

Passed by Congress in 1970 to combat the Mafia, its provisions include punishments for extortion. This is defined as “a criminal offense which occurs when a person unlawfully obtains either money, property or services from a person(s), entity, or institution, through coercion.”  

It could be argued that, by holding a near-monopoly over a product that millions of Americans depend on for survival, and raising its price beyond the ability of most Americans to afford it, Mylan has engaged in extortionate practices.  

It would not be the first time a David-vs.-Goliath lawsuit prevailed against dismal expectations.  

In 1994, amid great pessimism, Mississippi Attorney General Mike Moore filed a lawsuit against the tobacco industry. But other states soon followed, ultimately growing to 46.  

Their goal: To seek monetary, equitable and injunctive relief under various consumer-protection and anti-trust laws.

The theory underlying these lawsuits: Cigarettes produced by the tobacco industry created health problems among the population, which badly strained the states’ public healthcare systems.

In 1998, the states settled their Medicaid lawsuits against the tobacco industry for recovery of their tobacco-related, health-care costs–amounting to millions of dollars. In return, they exempted the companies from private lawsuits for tobacco-related injuries.

Illegal:  At one time, business titans like John D. Rockefeller and Henry Ford lived apart from “the common herd.” Americans read about them in newspapers or heard about them on the radio, but had no way of contacting them directly.  

If you wanted to “dig up dirt” on any of them, you had to be wealthy enough to hire private detectives–who were probably employed by the same people you wanted to investigate.  

But the rise of the Internet–and especially the advent of “people-finder” websites like Instant Checkmate, Intellius and Veromi–has drastically changed all that.  

Type “Heather Bresch” into the Intellius “Confidential People Finder” subject line, and–for a $20 month’s subscription–you can obtain “some or all of the following”:  

  • Full Name
  • Age and Date of Birth
  • Address
  • Address History
  • Phone Numbers
  • Aliases
  • Relatives
  • Neighbors
  • Email Address(es)
  • Social Networks
  • Property Records
  • Marriages & Divorce
  • Criminal Records
  • Bankruptcies
  • Liens
  • Judgments
  • Lawsuits

It doesn’t take a genius to see how the parent of an allergy-suffering child–desperate to save his son or daughter and enraged at what he believes to be the extortionately high price of EpiPens–might put such information to use.  

What is truly astonishing is that, in our publicity-saturated culture, greedy, self-destructive “celebrities” like Heather Bresch don’t realize this.