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Danger Close | The Fourth Option Podcast: Gerald Posner

Danger Close · 5 Egleze moments
Danger Close | The Fourth Option Podcast: Gerald Posner
Episode summary

On this episode of the Fourth Option Podcast, host Jack Carr interviewed bestselling investigative author Gerald Posner about his groundbreaking book 'Pharma: Greed, Lies, and the Poisoning of America.' Posner, who has spent decades exposing pharmaceutical industry corruption alongside his wife Tricia, detailed the industry's evolution from Civil War-era morphine production through the modern opioid crisis. The conversation's most explosive revelation concerned early COVID-19 legislation: Posner disclosed that both parties initially included language preventing pharmaceutical companies from owning vaccine patents developed with government money, but that provision was stripped within 8 days, demonstrating pharma's bipartisan power in Washington. Posner also revealed previously unknown details about the Sackler family, including that the brothers who founded Purdue Pharma were card-carrying Communist Party members during the 1950s Cold War era, obtained through FOIA requests. The discussion covered how Purdue ignored a 2007 consent agreement and actually increased aggressive OxyContin marketing, how McKinsey advised them to 'supercharge' sales during the crisis, and how the Supreme Court recently overturned bankruptcy protections that would have shielded the billionaire Sacklers from litigation. Posner explained Arthur Sackler's invention of modern pharmaceutical marketing techniques in the 1950s and how those tactics enabled the opioid epidemic that kills 100,000 Americans annually. The episode also touched on Posner's landmark JFK assassination research in 'Case Closed' and his upcoming work on Swiss financiers who handled Nazi loot. Throughout, Posner maintained his characteristic glass-half-full outlook while documenting institutional failures, emphasizing that while pharmaceutical scientists do heroic work, marketing departments and lack of government oversight have repeatedly prioritized profits over public health.

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5 moments from this episode

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01
Politics

Government Allowed Pfizer and Moderna to Keep COVID Vaccine Patents After Billions in Funding

Gerald Posner revealed that both Republican and Democratic lawmakers initially included language in early COVID-19 relief legislation that would have prevented pharmaceutical companies from owning patents on vaccines developed with government funding. Within 8 days, that provision was removed, allowing companies like Pfizer and Moderna to profit enormously from taxpayer-funded research. This demonstrates pharma's bipartisan influence in Washington.

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02
Crime & Justice

Supreme Court Overturned Bankruptcy Protection for Billionaire Sackler Family

In a surprising reversal, the Supreme Court recently overturned a bankruptcy court ruling that would have shielded the Sackler family from thousands of lawsuits in exchange for contributing $5 billion to settlements. The Sacklers themselves never declared bankruptcy despite facing litigation. The Court's decision reactivates all individual lawsuits against family members, extending legal battles for years to come.

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04
History

Sackler Brothers Were Card-Carrying Communist Party Members During Cold War

Through Freedom of Information requests, Posner uncovered that the Sackler brothers who founded Purdue Pharma were Communist Party members in the 1950s, during the height of the Cold War. Two of them had to leave government psychiatric hospital positions because they refused to sign loyalty oaths. This previously unknown detail adds complexity to the family history behind the opioid crisis.

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05
Crime & Justice

Purdue Pharma Doubled Down on OxyContin Marketing After $600 Million Fine

After Purdue Pharma paid a $600 million fine in 2007 and signed a consent agreement for mismarketing OxyContin, Posner discovered the company actually increased its aggressive marketing efforts rather than curtailing them. The government failed to enforce the agreement for over a decade, allowing the opioid crisis to worsen substantially while the Sacklers accumulated billions.

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