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Dose Of News Useful Today
Thursday, October 22nd

The Great Debate

Good morning. The final presidential debate takes place tonight, and here’s another annoying, but gentle reminder to register to vote (if you still can). That is all.

Daily Sprinkle

“Rank does not confer privilege or give power. It imposes responsibility.”

-Peter Drucker

The DOJ’s Opioid Settlement

The Justice Department agreed to an $8.34B settlement with OxyContin-maker Purdue Pharma on Wednesday for its role in fueling America's opioid crisis over the past two decades. At least 450k Americans died from overdoses of prescription and illegal opioids between 1999 and 2018, according to the CDC.


A deeper dive…
The settlement resolves years of criminal and civil probes by federal prosecutors into Purdue's marketing and distribution of powerful opioid painkillers, but leaves the company’s leaders open to further criminal prosecution. Purdue filed for bankruptcy last September due to thousands of similar lawsuits filed by state and local governments.

  • Purdue agreed to plead guilty to three felony counts in an NJ federal court, including one count of conspiracy to defraud the United States for lying to the DEA from 2007 to at least 2017.
  • The other two guilty counts relate to violations of the Federal Anti-Kickback Statute. Purdue will admit to making payments to two doctors between 2009 and 2017 to induce more prescriptions of the company's opioid products, and eight months of similar payments to an electronic health records company.

The settlement's $8.34B price tag is mainly symbolic. Since the current value of Purdue's bankruptcy estate is ~$5B (including a $3B commitment from Purdue's owners, the Sackler family), the company will pay a $225M penalty upfront, with the federal government expected to waive most of the rest to allow more money to flow to affected states, counties, and Native American tribes.


What's Next?
The Justice Department agreement supports Purdue's proposal to restructure itself into a corporate trust, run for the public's benefit, which would continue to produce OxyContin and develop opioid-abuse and addiction-treatment drugs.

  • However, a group of 25 state attorneys general signed a letter to AG William Barr opposing any government relationship with Purdue and recommending it be sold to a private buyer, which they said could provide more upfront money to affected communities suing the company.


So… what are people saying?

Why did the US justice department let Purdue off the hook for the opioid crisis?

LEFT CENTER → The Guardian (Opinion)

Deaths by suicide, overdose and dementia are increasing in the pandemic

RIGHT CENTER → Florida Times-Union (Opinion)

End Corporate Privilege by Limiting Limited Liability

LEFT → Newsweek (Opinion)

Opioids & Drug-Overdose Epidemic: Blame Game Continues

RIGHT → National Review (Opinion)

Questions about the rating system we use?
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Share Today's Dose of Discussion

The Pope & Same-Sex Civil Unions

Pope Francis endorsed civil unions for same-sex couples in a new documentary screened at the Rome Film Festival yesterday. The documentary, titled Francesco, features the pope saying, “Homosexual people have the right to be in a family,” and endorsing legislation that would legally cover same-sex civil unions, marking a departure from traditional Catholic doctrine (though the Pope’s comments do not represent the official Church stance).

LEFT CENTER → NPR

RIGHT CENTER → Forbes

Iran Behind Voter Intimidation Emails

Iranian intelligence was responsible for a recent email campaign attempting to intimidate voters in at least four battleground states, including Florida and Pennsylvania, the FBI announced at a press conference Wednesday night. The FBI said the emails, which ominously instructed Democratic voters in Florida to switch to the Republican party (example), were actually “spoofed” and “designed to incite social unrest and damage President Trump.”


More: The FBI also said that Russia obtained some Americans’ voter registration information.


Even More: Many states, including Florida, make voters’ information (including names, addresses, and party affiliation) easily accessible to the public upon request.

LEFT CENTER → ABC News

RIGHT CENTER → Florida Sun-Sentinel

Police Open Fire On Nigerian Protests

Protests in Nigeria turned deadly on Tuesday after police at two separate locations opened fire into a crowd of peaceful demonstrators violating a government curfew in the capital, Lagos. The 24-hour curfew was imposed after protesters set multiple police stations on fire Monday night and into Tuesday following two weeks of peaceful demonstrations against police brutality. Amnesty International on Wednesday reported that at least 12 people were killed and hundreds more severely injured.


More: The protests began earlier this month in response to alleged torture, extortion, and extrajudicial killings by Nigeria’s SARS police unit. (Learn more)

LEFT CENTER → NYT (Free)

RIGHT CENTER → WSJ (Free)

 

🏛️ Stimulus Update: A GOP-backed $500B Senate stimulus bill failed to garner the 60 votes necessary to pass on Wednesday. House Speaker Pelosi and Treasury Secretary Steven Mnuchin continue to hold talks regarding a larger deal. Dig deeper.

 

💬 Final Debate Preview: Left-Center | Right-Center

 

False Alarm

Phase 3 trials of a coronavirus vaccine developed by AstraZeneca and Oxford University resumed on Wednesday following a review into the death of a Brazilian volunteer. Local health authorities gave no details about the death, citing confidentiality protocols, while Brazilian media reported the volunteer was a 28-year-old doctor who died of COVID-19 complications after exposure to infected patients. Per the BBC, the volunteer did not receive AstraZeneca’s vaccine candidate.

Earnings Report Card

Tesla announced Q3 earnings after the closing bell on Wednesday, reporting a net income of $331M on revenues of $8.77B. The company recorded a fifth consecutive quarterly profit - its longest streak in history - during which Tesla rose to become the world’s most valuable automaker. (Market cap: ~$400B)

Quibi Calls It Quits

Quibi, a short-form mobile video streaming platform, will reportedly cease operations and lay off its employees, according to multiple sources (WSJ, The Information) who cited a phone call from founder Jeffrey Katzenberg to Quibi investors. The service, co-founded by Katzenberg and former eBay CEO Meg Whitman, raised $1.75B in funding but was plagued with issues following its April launch.


💰 New Feature Launch: PayPal announced a partnership with cryptocurrency company Paxos that will allow PayPal users in the U.S. to buy, hold, and sell cryptocurrencies by early 2021.


☄️ Bonus: NASA released a breathtaking image showing its OSIRIS-REx spacecraft successfully touching the surface of an asteroid. (See how the process works)

 

An Unexpected Journey

When the pandemic hit this spring, 11-year-old Romeo Cox of Sicily, Italy, had not seen his 77-year-old grandmother in over a year. The young boy had moved with his family to Sicily from Hackney, England -- a transition that put an overwhelming 1,700 miles between the two. Once flights between Sicily and London were grounded due to COVID, Romeo’s grandmother seemed farther away than ever.


On June 20th, Romeo decided to walk from Sicily to his grandmother’s house in London to surprise Rosemary with a hug, traveling with his father on a journey that took 93 days to complete. After trekking through Western Europe for three months, fending off wild dogs, getting lost, and even adopting a wild donkey, Romeo reached Rosemary’s house, where the astonished grandma greeted her grandson with “the biggest hug ever.”

Every Dog Has Its Day

Earlier this month, the Lavish Dog Day Spa staff in Portland, ME, were surprised to find a plush toy puppy had been left on a bench outside of the spa's storefront. Known for the high-quality grooming they provide for canines of all kinds, the facility's stylists treated the toy dog to a special spa day as they searched for the lost toy's owner.


That day, the misplaced plaything received the pampering of a lifetime, as the staff at the Lavish Dog treated the toy to a bubble bath and a thorough combing – complete with a handsome blue bow. After posting photos of the unaccompanied puppy's grooming session to Facebook, the spa's staff were able to return their unique client to its owner, a local little boy who was overjoyed to be reunited with his plushy.

Mail Order Hero

U.S. Postal Service letter carrier Fernando Garcia was completing his daily delivery route through Norwalk, CA, on October 9th when he heard a cry for help come from the backyard of Juanita Cabral. As Fernando approached the house, he saw that a man – identified as Juanita’s brother – had severely cut his arm with a chainsaw and was losing blood fast.


Without hesitation, Fernando unclasped his belt and looped it around the injured man’s arm, fastening it into a tourniquet that slowed the bleeding while the group waited for an ambulance. Due to the mail carrier’s quick thinking, the victim currently has a good prognosis for recovery. The extraordinary essential worker, who was hailed as an “Everyday Hero” in a tweet from the local sheriff’s department, said the idea to use the belt came from seeing such a technique in movies.

 
  • 🧠 Methane On The Brain… want to understand what methane is doing in our planet’s atmosphere? Montreal firm GHGSat created an interactive global map allowing users to see how methane concentrations vary in space and time.

  • 🦖 Stan By Me… twenty-eight years ago, paleontologist brothers Peter and Neal Larson discovered a 40-foot long T. Rex skeleton in South Dakota. Last month, the fossil (named Stan) sold at auction for a record-setting $32M, igniting a bitter family feud.

  • 🤖 See Spot Charge… Boston Dynamics announced a new version of its robot-like dog, named Spot, which will feature self-charging capabilities and an arm for opening doors and flipping switches.

 

First Look

What was Disney's first feature-length animated film ever released?

 

A) Pinocchio
B) Cinderella
C) Dumbo
D) Snow White and the Seven Dwarfs

(keep scrolling for the answer)

 

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Dose of Knowledge Answer

D) Snow White and the Seven Dwarfs


The iconic animated film was first released on Dec. 21, 1937, and later made its nationwide debut on Feb. 8, 1938.

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