Quotes about Wall Street from the world's top natural health / natural living authors
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 "It was not until December 2000 that the USDA banned all imports of rendered animal proteins from thirty-one countries that either had BSE or presented an undue risk of introducing BSE into the United States.
The wall street Journal tracked how much animal protein came into the United States from those thirty-one countries. "The records, gleaned from U.S. Customs data, showed at least 72 shipments, including mammal-based bone meal, dried meat scraps, animal waste and blood," reported The wall street Journal in November 2001. "- Ann N. Martin, Food Pets Die For: Shocking Facts About Pet Food (Get the book.) |
 "There was no other news on either of these occasions that might appear responsible for the market change, and on the second occasion both the wall street Journal and Barron's squarely attributed the drop to Granville's recommendation.
Can we be sure that media reporting of Granville and his supposed powers of prognostication caused these changes? Many people wondered if the Granville effect was not just a coincidence that the news media exaggerated."- Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) "To be fair to the wall street professionals whose views appear in the media, it is difficult for them to correct the conventional wisdom because they are limited by the blurbs and sound bites afforded them. One would need to write books to straighten these things out. This is such a book. As noted earlier, the conventional wisdom holds that the stock market as a whole has always been the best investment, and always will be, even when the market is overpriced by historical standards." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) "One of these was a March 14, 2000, article in the wall street Journal by Jeremy J. Siegel, "Big-Cap Tech Stocks Are a Sucker Bet," which showed price-earnings ratios for large market capitalization stocks that were over 100. In this article, Siegel asserted that history shows "the failure of any large-cap stock ever to justify, by its subsequent record, a P/E ratio anywhere near 100." This statement was very quotable, and was often quoted." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) |
 "Appearing on the very same page of the wall street Journal, but with a much smaller headline, was an article that explained the real story behind the story. "Drug Companies Cry'Danger' Over Imports," by Scott Hensley, reported that PhRMA had hired a public relations firm, Edel-man, to help it develop an effective "communications campaign" to stop drug importation. The first step was to find the themes that would have the greatest impact. Focus groups of people without insurance coverage for drugs (like many senior citizens covered by Medicare alone) were convened."- John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) "Yet the wall street Journal was the only major newspaper that I could find that carried the story; otherwise there seemed to be a virtual press blackout. Within the medical journals, the study findings were largely rejected by experts on the basis that so many of the people in the usual-care group had been put on statins that the difference in cholesterol levels between the Pravachol and usual-care groups was not enough to show the benefit of statins. But that was exactly the point of the study." - John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) "Scott Grundy, the chair of the panel that created the latest cholesterol guidelines, told the wall street Journal, "You can have the experts involved, or you could have people who are purists and impartial judges, but you don't have the expertise." Unfortunately, in American medicine that expertise is now virtually inseparable from financial ties to industry. When asked why a more balanced approach to heart disease prevention gets pushed aside by these guidelines, Dr." - John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) "According to the wall street Journal, within weeks of the final vote on the bill, Scully told Foster, "We can't let that [estimate] get out." In March 2004, Foster told the New York Times, "There was a pattern of withholding information for what I perceived to be political purposes, which I thought was inappropriate." One month after the Medicare prescription drug bill was passed, Mr." - John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) |
 "Even the corporation-friendly wall street Journal voiced concern about the increase in diagnosing and treating small children and felt constrained to mention Biederman's financial relationships with drug makers.3
The promotional efforts of drug advocates have been phenomenally successful. A recent survey found that the diagnosis of bipolar disorder in children and youth under age nineteen had escalated forty times between 1994?995 and 2002?003.4 Over 90 percent of the children received psychiatric drugs with more than 62 percent receiving them in combinations."- Peter Breggin, Medication Madness: A Psychiatrist Exposes the Dangers of Mood-Altering Medications (Get the book.) "The savvy wall street Journal commented that this is "a move likely to please the drug industry."29 Unfortunately, that pleasure will come at the expense of human lives. More recently, a study commissioned by the FDA itself came out with similar conclusions to mine in March 2007.30 It lamented the culture of conflict, avoidance, and waste inside the FDA when it comes to tracking adverse drug reactions. Few of the FDA's critics squarely face the stark reality that the FDA culture has become more concerned about protecting the drug companies than protecting the public." - Peter Breggin, Medication Madness: A Psychiatrist Exposes the Dangers of Mood-Altering Medications (Get the book.) |
 "When Eli Lilly's novel pharmaceutical, a parathyroid hormone fragment, was shown to prevent osteopenia and even diminish the incidence of osteoporotic fractures, medicine and wall street took notice. It seems sensible that all this effort be expended. It seems sensible that all white women and maybe others, at age sixty-five and maybe younger, should rejoice at the progress of science. That it seems sensible is a social construction.
Social constructions are not "bad." Daily life abounds in social constructions, in belief systems that have yet to be refuted."- Nortin M. Hadler MD, Worried Sick: A Prescription for Health in an Overtreated America (Get the book.) |
 "It was investors who drove the companies' push to medicate America on a daily basis. wall street analysts grilled the pharmaceutical executives about their marketing campaigns during conference calls held every three months. Were they hiring more sales reps? When would that new advertising campaign that executives had promised begin? How many dinners had the company hosted for doctors? The financial analysts ranked the companies by the number of drugs they sold that had reached that golden benchmark of one billion dollars in sales in a single year."- Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) "Exhilarated by his appointment as chief executive, Fred Hassan, a Pakistan-born, Harvard-schooled chemical engineer, set out to show wall street that Pharmacia & Upjohn could create global markets for prescription drugs just like its much larger rivals. Detrol would be the new company's first test. According to Wolf, the Detrol marketers were determined to take a drug that was considered "a niche product" and turn it into "a mass market opportunity." They decided they would not stop with their original plan to promote Detrol to the twelve million Americans believed to be incontinent." - Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) |
| "In 1999 James Grant, a well-known market commentator, wrote, "Honesty was never a profit center on wall street, but the brokers used to keep up appearances. Now they have stopped pretending. More than ever, securities research, as it is called, is a branch of sales. Investor, beware."25
Analysts' recommendations were transformed by something analogous to grade inflation in our schools: C used to be an average grade, yet now it is considered as bordering on failure. Many of us know that such inflation happens, and we try to correct for it in interpreting our children's grades." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) |
| "Customs data, showed at least 72 shipments, including mammal-based bone meal, dried meat scraps, animal waste and blood," reported The wall street Journal in November 2001. "The countries included Belgium as well as places such as France, Germany, Italy, Spain and Japan, where mad-cow cases are on the rise."20 The wall street Journal also stated that the FDA confirmed that thirty shipments of animal by-products had arrived in the United States after the ban took effect. Eleven of these shipments were tracked but the whereabouts of the other nineteen is unknown.
At the height of the U.K." - Ann N. Martin, Food Pets Die For: Shocking Facts About Pet Food (Get the book.) |
| "When I began writing about pharmaceutical companies for The New York Times in early 2000, it was a time of exuberance and easy money on wall street. Stay-at-home mothers watched the cheery announcers on CNBC, the financial cable channel, keeping track of hot investment opportunities while hurrying their children off to school. Grandfathers withdrew money from savings accounts and bought stocks to boost their pensions. Middle managers quit their jobs to become day traders, buying and selling stocks using their home computers." - Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) |
| "According to an article in The wall street Journal, there should be concern over the animal protein that has been imported from the United Kingdom into the United States between 1998 and December 2000. It was not until December 2000 that the USDA banned all imports of rendered animal proteins from thirty-one countries that either had BSE or presented an undue risk of introducing BSE into the United States.
The wall street Journal tracked how much animal protein came into the United States from those thirty-one countries. "The records, gleaned from U.S." - Ann N. Martin, Food Pets Die For: Shocking Facts About Pet Food (Get the book.) |
 "Nowadays everyone from the wall street tycoon to the overprogrammed suburban soccer mom can suffer from ulcers and GERD. In fact, 350,000 Americans develop ulcers every year, and 3,000 die from them.
Aside from behavior and stress, ulcers can also be caused by an infection with H. pylori bacteria. The good news is that the infection can be detected with a simple test and treated with antibiotics. Ulcers occur when stomach acid burns a hole in the wall of the stomach or intestine. Normal acid secretion in the stomach is an important reason why ulcers don't heal."- J. Douglas Bremner, Before You Take that Pill: Why the Drug Industry May Be Bad for Your Health (Get the book.) |
 "After visiting the stock exchange on wall street as a youth, eventually I took a job on wall street. I saw myself or created an image for myself that I should be in the business world. Working on wall street was an atmosphere that was oppressive and depressing. We worked long hours and then were demoted for our troubles. When I discovered how wall street carried its money I realized this was not my ticket out of my perceived poverty. I wanted a life better than my parents, who struggled in factories and odd jobs. I suppose I was overcompensating."- Gary Null, Ph.D., Gary Nulls Ultimate Anti Aging Program (Get the book.) |
 "According to the wall street Journal, internal Merck e-mails reveal that the company knew the potential risks of their best-selling drug as early as the year 2000. Merck's marketing literature included documents for its sales representatives which discussed how to respond to questions about Vioxx.
It was labelled "Dodge Ball Vioxx!"41
And Pfizet? In October 2004, the company asserted that it had no studies prior to that year which indicated problems with Celebrex. Alas, in February 2005, the company admitted that a 1999 trial showed a dramatic increase in cardiovascular problems."- Gerald E. Markle and Frances B. McCrea, What If Medicine Disappeared? (Get the book.) |
 "Even the wall street Journal, in a 2007 article called "The Unmedicated Mind," quoted people who had tried EFT and found relief that they had been unable to get through conventional routes.
"It's possible to clear emotional issues at a deep enough level that physical healing results," says Robins. "I see EFT 'cure' things that are incurable all the time."
Psychiatric Association, which found it to have "robust empirical support and demonstrated effectiveness."- Jonny Bowden, Ph.D., C.N.S., The Most Effective Natural Cures on Earth: The Surprising, Unbiased Truth about What Treatments Work and Why (Get the book.) |
 "Starting about 1980, drug companies, which barely existed before World War II, have been the toast of wall street.1 In 2002, the combined profits of the top ten drug companies were greater than the profits of all the other 490 Fortune 500 companies put together.2 In 2001, Merck reaped more than $7 billion in profits, and Pfizer $12 billion in 2003.3 Put another way: the $7 billion of profits Pfizer amassed in 2001 was greater than the Fortune 500 profits in the home building, apparel, railroad, and publishing industries combined."- Charles Barber, Comfortably Numb: How Psychiatry Is Medicating a Nation (Get the book.) "How did it go from nothing—or, rather, worse than nothing: unspeakable treatment in asylums—to Oprah, morning talk shows, and wall street? Many factors of course have contributed, but the key to all of them has been the direct effect of the filtering into public consciousness, in simplistic and often misunderstood form, of the effects of a revolution that has taken place in academic psychiatry in the last twenty years— the ascendancy and now complete dominance of biological psychiatry, or neuropsychiatry, in universities across the country." - Charles Barber, Comfortably Numb: How Psychiatry Is Medicating a Nation (Get the book.) "The wall street Journal science writer Sharon Begley has coined the term cognitive paparazzi to capture the hype and lack of substance that surrounds brain imaging.73 "What does neuroscience know about how the brain makes decisions? Basically nothing," says Michael Gazzaniga. Another problem, Gazzaniga says, is that many brain imaging studies are based on averages of the scans of many patients. "The problem is if you go back to the individual scans, you will see wide variation in the part of the brain that's activated." - Charles Barber, Comfortably Numb: How Psychiatry Is Medicating a Nation (Get the book.) "There are no products associated with these developments to sell to the masses, no billions to be made on wall street. Furthermore, research on the brain has revealed the unexpected "plasticity" of the organ—i.e., its capacity to change its function and structure throughout life. Brain imaging has shown that social and psychological experiences exert measurable changes in the brain. Specifically, learning and social experience—such as psychotherapy, for what is psychotherapy other than a particularly intensive form of learning?" - Charles Barber, Comfortably Numb: How Psychiatry Is Medicating a Nation (Get the book.) |
 "Nutritionism might be the best thing ever to happen to the food industry, which historically has labored under the limits to growth imposed by a population of eaters that isn't expanding nearly as fast as the food makers need it to if they are to satisfy the expectations of wall street. Nutritionism solves the problem of the fixed stomach, as it used to be called in the business: the fact that compared to other consumer products, demand for food has in the past been fairly inelastic."- Michael Pollan, In Defense of Food: An Eater's Manifesto (Get the book.) |
 "They actually 'get it' just fine," Pfeiffer asserted. Wall Street's legendary focus on the short term, Pfeiffer explained, is more precisely a focus on cumulative discounted future cash flows. In simple terms, wall street is happy if a company will (a) make more money in the future, (b) make money sooner rather than later, and (c) face less risk. In a market changing as rapidly as today's is, all three of these criteria can form an argument for investing in sustainable innovation."- Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.) |
| "They swiftly punished any drug-maker who dared to disappoint them by announcing earnings that were growing fast but were a fraction below what wall street expected. If a drug company earned more than expected, its stock price soared, along with the value of its executives' stock options. The system made the drug companies and their executives bound not to patients but to the demands and desires of the stock market.
And soon even a drug that could bring in a billion dollars in sales in a single year was not big enough." - Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) |
 "Wall Street was soon bankrolling an entirely new type of corporation called a physician practice management company, or PPM. The idea behind PPMs was that they would bring good management to doctors' offices, which were, after all, small, and often poorly run, businesses. PPMs promised to provide economies of scale by pooling administrative duties and billing for multiple physicians. You treat the patient, PPMs said to doctors, and leave the business side of medicine to us. Physicians were only too ready to sign up."- Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.) |
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