Tuesday, 24 March 2015

Mainstream journalist asks 'MLM The American Dream Made Nightmare' for help.




In 1945, whilst most, contemporary mainstream commentators were unable to look beyond the ends of their noses, with a perfect sense of irony, Eric Arthur Blair a.k.a. George Orwell (1903-1950) presented fact as fiction in an insightful 'fairy story' entitled, 'Animal Farm.' He revealed that totalitarianism is merely the oppressors' fiction mistaken for fact by the oppressed.




In the same universal allegory, Orwell described how, at a time of vulnerability, almost any people's dream of a future, secure, Utopian existence can be hung over the entrance to a totalitarian deception. Indeed, the words that are always banished by totalitarian deceivers are, 'totalitarian' and 'deception.'




Sadly, when it comes to examining the same enduring phenomenon, albeit with an ephemeral 'Capitalist' label, most contemporary, mainstream commentators have again been unable to look further than the ends of their noses. However, if they followed Orwell's example, and did some serious thinking, this is the reality-inverting nightmare they would find.





More than half a century of quantifiable evidence, proves beyond all reasonable doubt that what has become popularly known as 'Multi-Level Marketing' is nothing more than an absurd, cultic, economic pseudo-science, and that the impressive-sounding made-up term 'MLM,' is, therefore, part of an extensive, thought-stopping, non-traditional jargon which has been developed, and constantly-repeated, by the instigators, and associates, of various, copy-cat, major, and minor, ongoing organized crime groups (hiding behind labyrinths of legally-registered corporate structures) to shut-down the critical, and evaluative, faculties of victims, and of casual observers, in order to perpetrate, and dissimulate, a series of blame-the-victim closed-market swindles or pyramid scams (dressed up as 'legitimate direct selling income opportunites'), and related advance-fee frauds (dressed up as 'legitimate training and motivation, self-betterment, programs,' etc.).


--------------------------------------------------------------------------------
Recently, I was contacted by a mainstream journalist with a highly-unusual request.
______________________________________________________________________
David
I'm a journalist and a fan of your Blog, even though you have a very low opinion of my profession.
Four times in ten years, I have been invited to a mysterious meeting to share some 'marvelous news.' Each time, this has turned out to be 'MLM' and I have had a stand-up row, twice with people who I have known for years.
I concur with your analysis of 'MLM.' It is a form of cultism which can turn people into robots, but no editor would publish what you post for fear of being sued. Lawyers and proprietors have the final say.
I have tried, but failed, to get the article below published.
It was posted by British accountant, David J. Bailey, but I think his warning is so well presented that it deserves a much wider readership than his own Blog. 
Could you post a link to it?
David J. Bailey has posted a link to your Blog.
Yours sincerely
 Anon London
----------------------------------------------------------------------------------------------------------------------------------

Although I don't agee with all of David J. Bailey's article (particularly, his sweeping generalisations  that: MLM victims 'are not victims. They are willing participants in a fraudulent scheme,' and 'laziness is a fundamental driver in joining MLM'), I have decided to post it , because it does contain a large dose of common-sense and good humour.

________________________________________________________________________
DavidJWBailey

Every couple of years a friend of mine asks me to an event to share some fabulous new opportunity or product with me that they are now “in business” with. Every time, without exception, I have ended up having a very unpleasant discussion with them about how Multi-Level Marketing really works, and what it implies about their judgment, financial acumen and lack of respect for their real friends and family.
The truth is that joining an MLM does make you a bad person, or at least reveals that deep down you already were one.
How dare I say this? Because it is true. Let me explain the key points quickly then develop them in more detail:
  1. You are vulnerable, and foolish enough to reveal this to predators
  2. You are lazy
  3. You are unable to do even basic web research on financial or scientific matters
  4. You are willing to lie to make money
  5. You are willing to steal from your friends to gain wealth
  6. You are dumb enough to spend every hour of your life on something that has a 1% chance of being profitable for you.
It is unfashionable to blame the victims, and that is exactly what I’m not doing. Anyone who participates in an MLM does so knowing, on one level or other, what they are doing is wrong. They are not victims. They are willing participants in a fraudulent scheme. They just hope that the fraud will benefit them.

Vulnerability

My personal experience of people who take to multilevel marketing schemes is that either they are massively dissatisfied with the current employment or they are not currently in employment. In either case they are extremely financially vulnerable. That in itself is not a significant character weakness, because we’ve all been in that situation.
It only becomes a weakness when one is foolish enough to reveal to somebody that you know is already in a multilevel marketing scheme your situation. Because you had to know, before you spoke to them, that they were likely to take advantage of this fact. It is simply a very bad idea as an adult to approach something that you know to be a predator without a defence of your own.

Laziness

All the experience of life in the modern world should teach somebody who is an adult the simple fact that nothing worth having is going to come easily. Which makes it all the more incredible, therefore, that any adult believes, even for a second, that there are such things as successful get rich quick schemes. The idea flies in the face of everything that life teaches us.
The conclusion that I draw from this,  if you are in employment, is that you find it all far too much effort and would rather somebody simply handed you money. And the conclusion I draw of you are out of work, is that you would rather not put in the effort to get a proper job or start your own proper business, but you still want people to hand you money. Both cases lead to the conclusion that laziness is a fundamental driver in joining an MLM.

Close mindedness

The psychology of MLM is absolutely fascinating, and worthy of some of your time to research how it actually works. That would be a good use of the time of anybody thinking of going into one. Sadly, the only research the people who do go into them do is to work out ways of exploiting their friends (see more later) through the use of unsubtle psychological trickery and pressure.
Had potential candidates done their homework they would be very rapidly immunised to the tricks MLM recruiters play upon them, and have the sense to walk away.
But it goes deeper than this: no matter how hard the scammers try to obscure what they are really trying to do, it is always possible with a simple Google search to pull up the scientific and financial information required to reveal how the scam works and how much you are likely to lose by engaging in it.
It is true that scammers obfuscate the real nature of their MLM schemes.They do not offer you a free website because they think it will help your business, they offer you a free website because it generates clutter or chaff in Google searches that stops people finding out the truth. They ask you to write anecdotal material about your experiences and mention their products so that valid scientific research, and financial exposes, or buried in a wash of fact-free garbage.
Despite this: simply adding a few key phrases to your searches will quickly get you to the facts. It has amused me recently to find one particular MLM scheme encourages all of its members to include the word scam in their own pages, so that people searching for information on the scam are drawn to these fact free clutter pages. However other searches, such as “statistical scientific evidence”, “Cochrane review”, “filed accounts”, “litigation”, “peer-reviewed”, “independent”, are all rather valuable additions to your search engine enquiry list. Each of them will reveal just how fact free the hype surrounding the current scheme is.

Liars

The most devastating effect of MLM schemes is that they make their participants into liars. Liars to themselves: and liars to their friends. We don’t need to say that they also lie to any potential customer, of course.
They lie to themselves in order to protect themselves from the stupidity of their own decision to join the scheme. They create immense fabrications post-justifying the decision. They become, just like cultists, utterly incapable of accepting factual evidence that goes against the dogma they have been taught. We really have to take our hats off to the people that design the schemes in ways that turned the vulnerable and ill-informed into aggressive selling drones, who, just like drones, deliver all their work to the Queen and then die, alone, poor and hungry
They lie to others because they know inside, deep, deep inside, that what they are selling is of no value whatsoever, probably does not work, and is certainly massively overpriced. And they continue to try to sell this despite knowing all of these things even when their friends are sick or in distress and are being sold snake oil.

Thieves

A simple check against Amazon or Google will quickly reveal that any of the products are being sold to you are being sold at a massive mark-up. The selling price is hugely inflated by the ridiculous costs of the fraudulent MLM chain and the amount of money which is passed to the ultimate owner of the chain. There is no intrinsic value, or very, very little intrinsic value, in the products themselves. All the products can be sourced for a tiny percentage from other sources.
The participants believe that they will benefit from these prices, and the moral hazard of being a beneficiary encourages them to sell garbage. They are, of course dupes in that they also have to pay these ridiculous prices for their own inventory. Thus the chain of thieves believes it will feed itself, when in reality, it is a gigantic pyramid that collapses under its own weight.
The very worst thing about this thievery is it is usually directed against your own friends and family, those who are immediately close to you, where you can use the psychological tricks that the MLM tutors teach you to start your so-called sales career.

Actively Stupid

And this is where all falls down, because even the simplest wiki search would have revealed that fewer than 1% of participants in the schemes ever makes a positive financial return. Participation in a scheme where you have less than a 1% chance of making a positive return, especially where the scheme itself requires you to invest hundreds of hours, your personal reputation, and money belonging to your friends and family, is really, seriously, foolish. I call it “actively stupid”.
———————————————–
So, there we have it, you really should not join in anything that even vaguely looks like a multilevel marketing scheme. And you should run away as fast as you can when such a scheme involves health claims and selling to your friends and family.
Right now the larger global horrors in terms of MLM schemes punting dubious claims for overpriced pseudo-cures are all listed on a convenient Wikipedia page for you to read and then run away from. Actually the colloidal silver scams don’t seem to be listed on this page, so I did a little bit of research below to help you find those as well.
So by now, you’ve probably realise that I really, really do not like MLM or the behaviour of the people that participate in them. I genuinely think less of anyone that I discover participate. It looks like it’s going to take the law quite a long time to get to grips with ways of isolating and closing the schemes down. Until then it is just down to common sense and a few people who are prepared to say a flat “no” to any offers of participation. Mathematically it only takes a small percentage to refuse to join to dramatically accelerate the rate at which the schemes collapse.
And that, at the end of the day, is the best thing that you can do: make the schemes collapse as fast as possible….
…. and start a proper business.

David J. Bailey (copyright 2015)

Saturday, 21 March 2015

Alex Gibney's 'Scientology' documentary, 'Going Clear,' gets five star BBC rating.

The BBC recommends a new documentary film on the 'Scientology' racket. 
Alex Gibney
Oscar winning director, Alex Gibney.
 For all the brave and insightful exposes that have been written about the Church of Scientology, an aura of impenetrable mystery remains. Is it a religion? A cult? A useful form of therapy? A dangerous form of mind control? A powerful global corporation? A borderline illegal mob? Maybe all of the above. In recent years, Scientology members have been leaving the Church with greater frequency, and many of its secrets have been spilled. Yet the revelations have only given rise to further questions. How, for instance, could someone as seemingly shrewd, worldly and compassionate as the Oscar-winning screenwriter Paul Haggis have become enmeshed in its web? How did Scientology get so cult-like in the first place? And what about Tom Cruise and John Travolta? Are they die-hard converts or, in fact, celebrity hostages? 
The extraordinary thing about Alex Gibney’s new documentary, Going Clear: Scientology and the Prison of Belief, is that it does more than address these questions; it offers substantive answers. Based on the 2013 book by Pulitzer Prize-winning journalist Lawrence Wright, the movie goes deep into the mystery, fascination, and – yes – the horror of Scientology, and since the human stakes are so high, the documentary has the scary intensity of a thriller. You might have to go back to Darth Vader’s first appearance in Star Wars to see an entrance as mesmerisingly ominous as the one made by David Miscavige, the group’s current leader, in an overwhelmingly dramatic piece of footage shot at a world Scientology conference. On the surface, Miscavige appears totally innocuous, which of course only makes him appear more like the ultimate sinister white-collar villain. There is something about the subject of power that unleashes Gibney as a filmmaker, as his films on Enron and Wikileaks have revealed. Going Clear unpeels Scientology layer by layer via testimony from former high-level Church officials who have never spoken up before. The result is the most exciting – and disturbing – work of cinematic non-fiction in a long time.
Behind the curtain
Working with rare footage, Gibney burrows into the enigma of Scientology’s founder, L Ron Hubbard, capturing glints of delusion and megalomania. Hubbard‘s rise began in the 1930s, and he quickly became an astoundingly prolific science-fiction writer. But then in 1950 he published Dianetics, the perpetual bestseller in which he helped invent the principles of the therapeutic ‘self-help’ books that grew hugely popular by the 1970s. In Scientology, he wrapped these ideas around a theological core of interplanetary gibberish that could have come straight out of one his pulp novels. Going Clear captures how Hubbard fused reality, fantasy and the pursuit of enlightenment in a way that, according to the film’s witnesses, expressed his own highly unstable and even violent nature – at one point Gibney shows how Hubbard even told his wife that one of their children had died, just to manipulate her. Hubbard wound up a sea-faring outlaw on the run from US tax officials, and in Going Clear he emerges as a broken dictator who founded a religion based on control because he was so desperate to control his own demons.
Hubbard constructed Scientology around a ritual known as the “audit”, which is like a conventional therapy session fused with a Catholic confession and a visit to Room 101 in Orwell’s 1984. A member sits down and digs into their secrets and private traumas, as the auditor asks questions and takes notes, recording the subject’s responses on an ‘E-meter’, a gadget invented by Hubbard. Haggis, a Scientologist for 35 years before his highly publicised break with the Church in 2009, tells us how incredibly good an audit session could make him feel, as if he’d purged himself of all his toxins. Gibney suggests Hubbard’s method of healing was really just a superficial take on Freudian therapy, a comparison that Hubbard scorned – though only after his techniques had been rejected as rubbish by legitimate psychiatrists. Going Clear, however, suggests a dramatic difference between auditing and traditional therapy: it claims that the Church of Scientology holds on to the notes from the sessions and uses them to blackmail its members into staying. According to the film, this is a major reason why Travolta has remained a Scientologist. As for Cruise, he’s portrayed – especially in one astounding clip Gibney has uncovered of the actor’s birthday celebration aboard a Scientology ship – as a clueless ‘true believer’, blind to much of what goes on within the Church, his loyalty to Scientology stoked and manipulated by his friendship with Miscavige.   
The perils of power
As well as friends there are enemies, and Scientology’s foes are sometimes vast, like the US Internal Revenue Service. In one of the film’s most chilling episodes, the IRS appears ready to rule that Scientology isn’t a religion (and would therefore have to pay tax), and Miscavige has thousands of the Church’s members sue individual officials of the agency. It is an outrageous manoeuvre, but it works: the IRS caves in and grants Scientology tax-exempt status. In presenting a case study like this one, Gibney proves a master of documentary narrative – he conjures fast-paced drama out of thorough reporting. His movie captures an ongoing cycle of seduction and bullying, fearmongering and profiteering, that appears to have turned Scientology into a hamster-wheel of greed.
Gibney interviews a handful of high-level Scientology officers who left the Church and are now willing to denounce it. Marty Rathbun, who spent years as Miscavige’s right-hand man, was at the very centre of the citadel, and his testimony has an unsettling authority. He alleges that Miscavige, in actions worthy of the Khmer Rouge, subjected his loyal officials to rituals of abuse, making them ‘confess’ to imagined crimes and assaulting them if they didn’t comply. The astounding thing is that when the victims were given the chance to exit this torture program, none of them did. They thought they deserved to be punished.
Going Clear makes you empathise with Scientology’s rank and file, who come off as victims of Church leaders’ eager advertising. Yet what’s most resonant about the film is that, like Scientology itself, it speaks to the tendencies of our age. The impulse to purge yourself of doubt and neurosis, the desire to seek out a leader who can save us – these are things that just about anyone can relate to. The twisted genius of L Ron Hubbard is that he figured out a way to define and exploit contemporary soul sickness. He was right about the disease. But Going Clear makes a powerful case that he came up with a cure that only made it worse.
Owen Gleiberman  (BBC copyright 2015)

Friday, 20 March 2015

'Herbalife's (HLF)' new defender, 'CREW,' financed by George Soros 'Open Society'

More than half a century of quantifiable evidence, proves beyond all reasonable doubt that what has become popularly known as 'Network,' or 'Multi-Level, Marketing' is nothing more than an absurd, cultic, economic pseudo-science, and that the impressive-sounding made-up term 'MLM,' is, therefore, part of an extensive, thought-stopping, non-traditional jargon which has been developed, and constantly-repeated, by the instigators, and associates, of various, copy-cat, major, and minor, ongoing organized crime groups (hiding behind labyrinths of legally-registered corporate structures) to shut-down the critical, and evaluative, faculties of victims, and of casual observers, in order to perpetrate, and dissimulate, a series of blame-the-victim closed-market swindles or pyramid scams (dressed up as 'legitimate direct selling income opportunites'), and related advance-fee frauds (dressed up as 'legitimate training and motivation, self-betterment, programs, leads,' etc.).



Years before the intervention of Bill Ackman in December 2012, I was openly saying that the legally-registered, so-called 'Multi Level Marketing' company known as 'Herbalife,' has been part of an ongoing criminogenic phenomenon of historic significance.




'Citizens for Responsibility and Ethics in Washington (CREW),' claims to be a non-partisan watchdog organization that targets both Democrats and Republicans for corruption.

According to its own literature:


 'CREW is dedicated to promoting ethics and accountability in government and public life by targeting government officials—regardless of party—who sacrifice the common good to special interests.' 





Whenever I come across self-righteous individuals, and/or organizations, steadfastly pretending moral and intellectual authority (particularly, in Washington DC), one common-sense question immediately springs to mind, 'Quis custodiet ipsos custodes?' - Who will watch the watchmen?




http://www.opensocietyfoundations.org/people/george-soros

http://www.forbes.com/sites/nathanvardi/2013/08/01/why-george-soros-investment-in-herbalife-is-terrible-news-for-bill-ackman/

http://crewexposed.com/who-is-crew/crews-left-wing-funders/

http://finance.yahoo.com/news/why-is-a-liberal-watchdog-group-barking-at-bill-ackman-and-fellow-short-sellers-120653340.html



Talking of persons pretending moral and intellectual authority, 'CREW' has, in fact, been heavily-financed (to the tune of $800 000) by George Soros' 'Open Society,' and that fact, casts a huge doubt on the real motives behind 'CREW's' recent, reality-inverting public intervention in the ongoing 'Herbalife' vs Bill AckmanWall St. saga; for at the beginning of August 2013, it was reported that the Soros Hedge Fund had bought a large stake in 'Herbalife,' causing shares in the counterfeit 'direct selling' company immediately to jump 9%; for it was also implied that the messianic billionaire, George Soros, had personally been responsible for making this trade. 


                     George Soros                                     Bill Ackman


 
          Carl Icahn


The temporary re-inflation of the market price of effectively-valueless 'Herbalife' shares, meant that (on paper) Bill Ackman was around $300 millions down on his $1.2 billion short-selling bet that 'Herbalife' is a fake enterprise which will soon be closed down, whilst (again on paper) Carl Icahn and the Soros Hedge Fund, were hundreds of millions of dollars up on their own long bet against Bill Ackman's short position.



  Paul Sohn (b.1978)

In reality, the person who was largely-responsible not only for the Soros Hedge Fund buying a significant chunk of effectively-valueless 'Herbalife' shares, but also for making sure that the rest of the world knew about it,  is Wall St. whiz -kid,  Paul Sohn. He is reported as boasting to a gathering of fellow Wall St. whiz kids (whom, for obvious reasons, he wanted to pile in on the 'Herbalife' deal) that :

'George Soros broke the Bank of England..! He can break the back of Bill Ackman!'
http://uk.businessinsider.com/paul-sohn-reportedly-left-soros-fund-2015-1?r=US

More than a year later, young Mr. Sohn was no longer employed at Soros, but the following information was made public by 'CREW:'

'As part of its longstanding interest in how Wall Street investors manipulate the regulatory process for financial gain Citizens for Responsibility and Ethics in Washington (CREW) filed requests under the Freedom of Information Act with the Department of Justice, the Federal Trade Commission, and the Securities and Exchange Commission seeking documents on December 8, 2014. In light of reporting showing that hedge fund manager William Ackman orchestrated demands for investigation of Herbalife while maintaining a short position in the company’s stock, CREW’s FOIA requests with the FTC, SEC and DOJ seek to learn more about Mr. Ackman’s efforts.'



Anne Weismann accepts a Madison Award from the ALA on behalf of CREW (Photo Credit: ALA Washington Office)
Anne Weismann, Interim Executive Director of 'CREW'

http://www.citizensforethics.org/page/-/PDFs/Legal/Letters/3-18-15_Commerce_Short_Seller_Letter.pdf?nocdn=1

Completely ignoring Bill Ackman's evidence-based analysis of 'Herbalife' as the effectively-valueless corporate-front for a criminal enterprise that continues to deceive, and damage, countless vulnerable individuals around the world, Anne Weismann (Interim Executive Director of 'CREW'), has instead suddenly asked Congress to investigate attempts by short sellers 'to manipulate the federal government for personal financial gain.'
'...now it’s William Ackman ginning up a federal investigation into Herbalife to make good on a billion dollar bet against the company.'
'Mr. Ackman and his hedge fund Pershing Square Capital Management have gone to unprecedented lengths to urge federal regulatory action against Herbalife, a company in which Mr. Ackman and his fund have maintained a significant short position.'
'Mr. Ackman has admitted he just needed to get any one of the SEC, the FTC, the 50 attorney generals around the country, [or] the equivalent regulators in 87 countries, interested in investigating to succeed in driving the price down.'
According to documents obtained by 'CREW' through a Freedom of Information Act (FOIA) request, Ackman’s lawyers regularly contacted Lois Greisman, the Associate Director of the Division of Marketing Practices at the FTC, with emails attaching articles and blog posts critical of Herbalife. 
CREW says that many of these messages 'appear to have been ginned up by Ackman or his supporters.
...'While it appears DOJ and the SEC may be investigating Mr. Ackman’s conduct, Congress needs to look at this issue. Many Americans already believe Wall Street is a rigged game. Watching billionaire hedge fund managers get richer by instigating government action can only lead to further decreased confidence in the country’s financial markets and government leaders.'


Herbalife Ltd.
NYSE: HLF - Mar 20 1:24 PM EDT
40.87Price increase2.93 (7.72%)



As a result of a recent, re-intensified, coordinated propaganda campaign to paint Bill Ackman as an unethical and dishonourable criminal, the market price of effectively-valueless 'Herbalife' shares has again begun to re-inflate.

Meanwhile, back in the adult world of quantifiable reality, after examining the available data, an entirely different picture emerges. In fact, when it comes to lobbying government, the 'Herbalife' racketeers have been massively outspending Ackman, and Pershing Square, over the last two years:


Lobbying expenses of 'Herbalife' and 'Pershing Square', in US$ and % of total assets

During  2013 and 2014, 'Herbalife' committed almost 5 times as much on lobbying the US government as Ackman did. When the lobbying expenses are calculated as a percentage of total company assets, the difference  for 2013 and 2014 (respectively), is that 'Herbalife' spent 37 and 26 times as much on lobbying as Pershing Square.

Not surprisingly, 'Herbalife' has significantly increased its lobbying budget since Ackman announced his short in December 2012.

Lobbying expenses of 'Herbalife' ($) in the USA, 2009-2014
  
For many years, 'Herbalife's' annual lobbying budget remained around $500,000, but during 2012 to 2013, this figure doubled and is expected to double again during 2013 to 2014. In the first half of 2014, 'Herbalife' had already spent more than $1 million on lobbying. This was already equal to the total lobbying budget for 2013.

Lobbying expenses of 'Herbalife' as a % of annual revenues, in the USA, 2009-2014


As a percentage of annual revenue, 'Herbalife's', lobbying expenses also quadrupled during 2012 - 2014, but that is not all there is to it; for while many large commercial companies have considerable lobbying budgets, one rarely finds one that spends as much of its revenue on lobbying as 'Herbalife.'



Lobbying expenses 'Herbalife' compared to competitors, % of revenue, USA, 2012-2014

'Herbalife' steadfastly pretends to be an entirely legitimate 'direct selling enterprise' and part of the 'nutrition industry.' In which case, 'Herbalife' should consider companies like Unilever and Procter & Gamble to be its main competitors. However, these companies spend only a fraction of their revenue on lobbying compared to 'Herbalife'. As a percentage of annual turnover, 'Herbalife' has lately been spending 3 and 5 times (respectively) as much annually as P&G and Unilever. In 2014, these highly-revealing figures have climbed to an estimated 7 and 12 times (respectively).

Furthermore, 'Herbalife' mainly lobbies on issues related to 'trade and finance', whilst authentic nutrition product manufacturers, such as Unilever and P&G, focus on health related issues.

When people are asked which industries they would expect to spend the most money on lobbying? - weapons, tobacco, oil and pharmaceuticals are the most often heard replies. Few people (if any) mention the nutrition industry. Yet, by comparing the lobbying expenses of 'Herbalife' to big tobacco, oil, and pharmaceutical companies, we find a remarkable picture.


Lobbying expenses of 'Herbalife' compared to high-rollers, USA, % of revenue, 2012-2014

The increase in lobbying expenditure made by 'Herbalife' following Ackman's short, has placed this alleged'nutrition company' on pole position in comparison to weapons manufacturers, tobacco producers and oil, and pharmaceutical, companies. While during 2012 'Herbalife' only managed to outspend Royal Dutch Shell and Philip Morris (from this list), subsequently, the 'Herbalife' racketeers have put even the highest (lobbying) rollers such as Pharmaceutical giant, Pfizer, to shame. As a percentage of annual revenue, 'Herbalife' will lately spend more than twice as much on lobbying as Pfizer, 4 times as much as BAE Systems, 8 times as much as Philip Morris, and a staggering 24 times as much as Royal Dutch Shell.

The lobbying activity of 'MLM' racketeers has not been limited to the USA. Like Philip Morris, both 'Amway' and'Herbalife' have found their way to Brussels.

Not surprisingly, the lobbying activities of 'Herbalife' in the EU are slightly less shocking than in the USA. So far, Ackman's short has only made regulatory action imminent in the USA. THE 'Amway' bosses however, have committed a vast amount of stolen money to persuading EU officials to allow them to continue to thieve from the citizens of Europe - currently, almost 2 millions euros per year (and that is only what has been officially declared).





In the European Union, compared to authentic commercial companies and the highest (lobbying) rollers, both 'Herbalife' and 'Amway,' are on the lobbying pole position yet again. Although 'Herbalife' has been spending more than 5-10 times as much as Pfizer, Royal Dutch Shell, etc., on lobbying in the EU, Philip Morris did manage to spend slightly more than 'Herbalife.' However, 'Amway' massively outspent everyone. As a percentage of annual revenues (in $), the EU lobbying costs (in €) of 'Amway' are almost three times as high as those of Philip Morris, and a staggering 26 and 32 times (respectively) as much its alleged competitor, P&G, and weapons manufacturer BAE Systems.

________________________________________________________________________

NOTE:

- All total lobbying expenses for 2014 are projected (i.e. the amounts reported for the first half year were doubled).
.
- 2013 revenues were used to estimate  2014 revenues. 

- To avoid issues with exchange rate differences, the percentages for the EU were calculated using lobbying expenses in euros, and turnover in US dollars.

_______________________________________________________________________
'Citizens for Responsibilty and Ethics in Washington is dedicated to promoting ethics and accountability in government and public life by targeting government officials—regardless of party—who sacrifice the common good to special interests.' 

Presumeably, the fact that Madeleine Albright is no longer in government, explains why those tenacious watchdogs at 'CREW' don't have the slightest interest in her financial connections with racketeers.


During the last 7 years, Madeleine Albright's company , 'Albright Stonebridge Group,' has received approximately ten millions  dollars from the 'Herbalife' mob. In return for this pile of stolen cash, Ms. Albright has betrayed every single value that she (and her late father) ever claimed to have stood for, by enthusiastically participating in committing fraud and obstructing justice. 


'Herbalife's' most-useful idiot, Madeleine Albright, and her associates, can have absolutely no moral or intellectual justification for holding onto the ten millions pieces of stolen silver they have received from the bosses of the 'Herbalife' racket.







David Brear (copyright 2015)