Say you get a check in the mail and it says just sign me. You ignore it then some emergency crops up and you can’t cover it and then you remember the check. That’s one way companies owned by Private Equity Funds make money. In this case a company like Mariner Finance is owned by an $11.2 billion Private Equity Fund called Warburg Pincus, and the president of Warburg Pincus is Timothy Geithner, former Treasury Secretary under Obama, which makes the activities of Mariner Finance stand out all the more . They charge up to 36% interest to needy people who (more…)
July 2018
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Gene Drive, GMOs and Species Extinction
We all know that the anopheles mosquito causes malaria and that malaria kills half a million people a year. What if we could eradicate the anopheles mosquito and save so many lives, for down the road that would be many people indeed? Well we can. In fact the Bill Gates Foundation which has been so active in fighting malaria has made the technique behind all this a centerpiece of their anti-malaria effort. It’s a form of genetically modified organism called gene drive. Whereas genetic engineering usually affects one generation and may or may not be passed on, gene drive is passed (more…)