oxycontin also own a second company that produces an identical genetic version of the addictive pain relief truck the finding means that produce pharma which belongs to the billionaire sack her family accounts for roughly six percent of the u.s. market far more than previously thought are the country is currently experiencing and crisis which is estimated to claim over one hundred fifteen lives each day and at the moment purdue pharma is fighting lawsuits alleging and fueled the problem by marketing oxycontin in a misleading way downplaying the risk of addiction and exaggerating its benefits one of the suits is being brought by colorado's attorney general who says that the firm has played a significant role in causing the epidemic the next video contains testimony from a patient who used oxycontin and. this new pain medication i have not missed one day of work in my boss really appreciate more in the every day. it stopped working and all that increased i think it was forty in the morning and forty in the evening i mean will to be very productive productive. person again which is real

helping to pass formulas that will help wean people off oxycontin. another headline. from 2000 and inmate paid a dollar an hour to fight california wildfires. now the san francisco chronicle has been covering the construction of a playhouse by unpaid san quentin prisoners for a high-ranking present executi executive, who is now properly out of a job. there are a lot of new stories you can read that might strike a chord with you once you read americans farewell to her. with her after another chris hedges document the ills taking the country don't hate, heroin, sadism, magical thinking and just a few. then he shows us how to build a backup does not record that. it will be hard. many of us will fall by the wayside if we choose to do that work. he does not want us to go into that line. chris hedges is a journalist, calmness, tv show host and presbyterian minister. he teaches in prisons, writing has won multiple awards including a pulitzer prize leader times where he worked for 15 years as a foreign correspondent. americans farewell tour is a sporting book. please welcome,

addicts which is sackler whose family owns produce pharma company behind the notorious painkiller oxycontin is granted a patent earlier this year for reformulation of a drug used to wean addicts off opioids you know as vertically integrated they get a bump on drugs and then they try to get him off drugs and they get him up on drugs and they try to get him off drugs like these junk food companies that also own like the abysmal or other cures for diarrhea so they get you they give you diarrhea and then they have the cure for diarrhea so the cycle of family they get you hooked on heroin and they try to give you the cure for heroin and they have a patent on the care for heroin but they also have a patent on synthetic heroin and then they have a the ability to keep you locked into a perpetual lifelong dystopian heroin slash dubuis wall junkfood life in the last episode we talked about the architects of the last financial crisis using the op ed pages of the new york times presenting you with a solution which is to give them more power so everywhere you look you see this when you tune in. to m s n

of the maker of oxycontin is working on a new drug, but you will not believe what this is for. us futures looking pretty good this morning you are watching "fbn:am" at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. too hot to work? nah. this is the gator xuv835. with game-changing heat and air, it's never too anything for anything. with who we are as people and making everybody feel welcome. ordering custom ink t-shirts has been a really smart decision for our business. i love the custom ink design lab because it's really easy to use. they have customer service that you can reach anytime. t-shirts help us immediately get a sense of who we are as a group. from the moment clients walk in, they're able to feel like part of the family. - [spokesman] custom ink has hundreds of products for your business and free shipping. upload your logo or start your design today at customink.com. cheryl: 's. lauren: welcome back. market looking pretty good as we

, one company that has profited massively off your pain is purdue pharmaceuticals, the makers of oxycontinmily, seen here not giving a (bleep) about you. the sacklers and purdue have faced hundreds of lawsuits, including one right now by the state of colorado, which alleges that purdue pharma "downplayed the risk of addiction associated with opioids," "exaggerated the benefits," and "advised health care professionals that they were violating their hippocratic oath and failing their patients unless they treated pain symptoms with opioids." well, they have a point. after all, the hippocratic oath clearly states "first, do no harm, unless harming is extremely profitable! then harm! harm! harm!" purdue denies these charges, but here's the thing: despite telling congress that they didn't know about oxy's potential for abuse until 2000, prosecutors have found that, in over 100 notes recording their visits to doctors in the late 90s, "the company's sales representatives used the words "street value," "crush," and "snort." purthat's what happens when the head of sales is el chapo. ( laughter ) now

addicts richard sackler whose family owns produce pharma company behind the notorious painkiller oxycontin is granted a patent earlier this year for reformulation of a drug used to wean addicts off opioids you know as vertically integrated they get a bump on drugs and then they try to get him out drugs and they get him up on drugs and they try to get him off drugs like these junk food companies that also own like that abysmal or other cures for diarrhea so they get you they give you diarrhea and then they have the cure for diarrhea so the cycle of family they get you hooked on heroin and they try to give you the cure for heroin and they have a patent. to care for heroin but they also have the bad non-synthetic heroin and then they have a the ability to keep you locked into a perpetual lifelong dystopian heroin slash dubuis wall junkfood life in the last episode we talked about the architects of the last financial.

in the 1990's, i was living in tennessee, they came out with oxycontin and told us it was nonaddictive. somebody who has experimented with drugs all their life -- once you take them for a while, you get accustomed to them, they make you feel high and good. in 2002, i didn't touch any opioids -- they put my tolerance back up. i found out what the addiction is like. five months ago, i took an it five months ago, i took an it -- eight minute dirt nap. i took this -- narcan, have it on hand if anybody od's. with fentanyl, i got hit three times with narcan and i barely came back. the lady at the hospital said everybody thought you were dead. is very potent and you don't need to shoot it up. you can snort it. about to do something that. the best thing to do, in my 56 years of life, we need to educate the kids. when i was a kid, a heroin addict was someone lying in the streets like a wino. these kids today look at this heroin like it's fun and games, a badge of honor if you died and came back. no, it's not. with fire you're going to get burnt. host: is there more money for prevention and savi

i, uh, was prescribed oxycontin, me and my daughters' father both. and, um, my insurance was cut.e any, and i didn't know, i got really, reallyreally sick. and i think it was my mom or my aunt i called and was telling them how sick i was. and, uh, they told me to lay down, and they pretty much knew that i was addicted to them at that point. >> she was eating, what, 30 a day?le >> probably, at. yeah, i have a very high tolerance. >> and that would kill a lot of people. >> and people think because i'm small, that, you know, that's not the case, but i was probably doing triple what other people were doing. and then everything just kind of went downhill from there. >> a dtor who fbi officials say ran a pill mill in dayton proclaims his innocee. >> macgillis: ashley says she was getting her pills from a doctor willing to write illegal prescriptions, a practice that law enforcement eventually cracked down on. >> ...believe he wrote as many as 40 fake prescriptions per day. (weapons cocking) >> macgillis: but there was an unintended consequence. >> you know, we took the pills away from t

that are sackler sackler family in connecticut they make oxycontin the family in connecticut makes deonte cotton that's killing people the sackler family in connecticut that those people every day that family the sackler family of connecticut there must be a google map somewhere so here's a headline from the times in the past last week and they're ready for it ok an admission of guilt so that's an admission of guilt by the sackler family like that's right ok how opioids became an epidemic in america by the way is proof pharma said that their product was less addictive than the other products on the market that turned out to be a lie or false one could say would depending on whether you're arguing court or not so that turned out to be a lie so here they've come up with a solution in over in europe we have a headline about. the powerful there in britain we allow the rich to escape charges admits tax them her majesty's revenue and customs h m r c has admitted for the first time that it allows the most powerful members of society to escape prosecution for financial crimes at an economic crime

things like oxycontin. what happened is they were prescribed to patients in abundance, and a lot of people became hooked. once they sort of started petering out because doctors noticed that so many people had become addicted, people turned to a different drug, heroin, to maintain the high or alleviate the pain they are having. there are bills in the package aimed at holding pharmaceutical companies responsible. there are senators who have called for bringing in some of these pharmaceutical ceos to ask questions, hold them accountable in hearings and things like that. right now, a lot more of the measures are focused on giving more funding and resources to places like the national institutes of health, to come up with nonaddictive treatments for pain and come up with other options for people who have addictions, so they don't have to go cold turkey when they are trying to overcome some of the difficulties of being hooked on these drugs. host: the caller started by talking about insurance companies. if i am t

was given to these organizations with half of that coming from perdue, the biggest manufacturer of oxycontin. and listen, i'm not saying we should prohibit them from doing that, but people ought to know it. we ought to make it transparent, and that's all the bill does. it just makes payments by opioid manufacturers to organizations that are 501-c-3's or c-4's and requires them to just say if the opioid manufacturers are behind their budget. one of these groups actually lobbied c.d.c. about not lowering the recommended dosage of opioids. another one entered a brief in a case arguing that a doctor shouldn't be convicted when he was prescribing thousands of pills a day for moving controlled substances. transparency is always a good thing. i am really disappointed and frankly confused as to why some of the members on the other side didn't want to include this proposal in this package. i certainly want to thank senator cassidy for his help. we tried very hard to get it in the bill. i hope it's not because big pharma has a vice grip on this thing. i have seen it before and it worries me that that

the company that created oxycontin is offering free opioid abuse treatment in an attempt to resolve moreberg has learned they will give away doses of a drug. the lawsuit accused the company of helping to fuel the opioid crisis. -- willwill help to start offering fifth-generation service starting october 1. houston, indianapolis, los angeles, and sacramento will pay $50 a month after three months free trial. it connects up to 100 times faster than today's cable. that is your bloomberg business flash. francine: thank you so much, taylor. --discussed speculation that germany will not decide to nominate someone for the ecb but will instead focus on the european commission president. let's get back to stephen say well of bnp paribas. trade, whether a trade war start hitting carmakers and that will hurt the german economy. who becomes the ecb president. should we become more optimistic than we were three weeks ago? >> the bank has written a lot about this. europe is a big focus for us. i would focus on the last topic you mentioned, italy. strategist our rate is that a lot of bad news is alread

stuart: the billionaire behind oxycontin is now working on a drug to treat opioid addiction.ved a patent for formula which dissolves under the tongue to curb opioid cravings. >>> back to trade. president trump threatening tariffs on all chinese products that come here. our next guest has not been a fan of those tariffs from the get-go. tim phillips, americans for prosperity president, is with us again. i know you don't like tariffs. i know you think it's a rotten way of negotiating any kind of trade deal. but i put it to you again, the stock market doesn't care. we just had another escalation of the tariff wars with china, and the market is showing no change. the market doesn't care. >> well, this administration's tax cuts which congress helped put through have been an enormous boon and genuinely, the markets have responded in the right way and the administration systematically knocked down opportunities to opportunity job creation by getting rid of red tape and regulation we didn't need anyway and that was there from the obama years and some of the bush years. so that in our

in the 1990's, i was living in tennessee, they came out with oxycontin and told us it was nonaddictivedy who has experiment it with drugs -- experimented with -- once youeir life take them for a while, you get accustomed to them, they make you feel high and good. didn't touch any opioids -- they put my tolerance back up. i found out what the addiction is like. ite months ago, i took an minute -- eight minute dirt nap. this -- narcan, have it on hand if anybody od's. with fentanyl, i got hit three times with narcan and i barely came back. saidady at the hospital everybody thought you were dead. is very potent and you don't need to shoot it up. you can snort it. life, we need of to educate the kids. when i was a kid, a heroin addict was someone lying in the streets like a wino. these kids today look at this heroin like it's fun and games, a badge of honor if you died and came back. no, it's not. your going to get burned. host: is there more money for prevention and saving people in this bill? guest: there's expansion for the antidotes, making sure first responders and law enforcement hav

rings like oxycontin.hat happened is they were prescribed to patients in abundance, and a lot of people became hooked. once they sort of started petering out because doctors that sot -- noticed many people became addicted, people turned to a different drug, heroin, to maintain the high or alleviate the pain they are having. there are bills in the package aimed at holding pharmaceutical companies responsible. there are senators who have called for bringing in some of to askharmaceutical ceos questions, hold them accountable in hearings and things like that. right now, a lot more of the measures are focused on giving more funding and resources to things like the national institutes of health, to come up with nonaddictive treatments for pain and come up with other options for people who have addictions, so they don't have when they arekey trying to overcome some of the difficulties of being hooked on these drugs. host: the caller started by talking about insurance companies. if i am the head of an insurance c

>> he offered me it was oxycontin at the time. and he offered it to me andy it, obviously.it as i think most kids do. next thing you know i was hooked. ainsley: what happened to the other guy? >> he was at my wedding. he was just at my wedding in july. ainsley: didn't get addicted. you just don't know. >> you don't know who has the gene and who it is going to effect, you know. pete: jill, his mother, obviouslyvel versed now in these issues. what's it like to go through this process and what's your advice tout folks. >> it's really difficult. and i think if you can stay supportive, unconditional love and be there, it's very helpful, you know, as a parent and most parents across the nation have that fear that they are going to get that dreaded phone call their kid is going to be dead. you get that call. thankfully i wasn't that and i am so grateful. for parents, they can really get support with an al anone group. love their child and be with them without the process and without overdoing it and being overbearing. it makes a difference. it allows the child to get sober themsel