Truthout is funded by readers, not by corporations, lobbyists or government interests. Help us publish more stories like this one: Click here to make a tax-deductible donation!
This article was published by TalkPoverty.org.
The frat boy of pharmaceuticals, Martin Shkreli, was sentenced to seven years in prison this month for securities fraud and conspiracy. After four years of earning millions by controlling the supply of certain medications, he was convicted of defrauding hedge fund investors in a Ponzi scheme.
In many ways Shkreli is a master of American capitalism, but he forgot its cardinal rule: Hurting people with less money than you is part of doing business, but ripping off other rich people is a line you do not cross.
Did you know? Truthout is a nonprofit publication and the vast majority of our budget comes from reader donations. It's easy to support our work -- click here to get started.
It took holding a seat on the Supreme Court of the Unites States vacant for over a year -- completely thwarting democratic ideals – for Republicans to snag a surprise electoral college victory in 2016. Now that the GOP realizes it's in imminent danger of being swept out of power in the midterms, is it any wonder that the party may be turning to SCOTUS again?
(Image: Lauren Walker / Truthout / Shutterstock)
Contrary to what Trump claims, his tariffs will not revive the aluminum industry. Instead they are certain to wreck diplomatic relations, invite retaliation and boost the profits of aluminum executives in the US, who will be able to charge higher prices.