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Behind the smoke screen.(Between The Lines)
ITEM: The San Jose Mercury News for July 19 editorialized that a compromise tobacco bill on Capitol Hill was probably the best legislation capable of passage. "So a deal in the Senate that is a hold-your-nose compromise for foes of smoking--and for friends of tobacco--might well represent as much progress as can be expected."
However, complained the paper; the Food and Drug Administration "will not be able to ban smoking or prohibit nicotine in tobacco products. It will be able to require a listing of ingredients, limit the location of vending machines, and require that magazine ads be printed only in black and white, among other things."
BETWEEN THE LINES: The various tobacco bills under consideration in Congress enhance federal powers or fund bigger government. Those favoring either the House or Senate variants prefer to disguise this by talking about other goals, such as public health or fairness to farmers. These are smoke screens.
Consider, for example, the House version with the buyout figure of $9.6 billion, paid by taxpayers (though the House later directed its negotiators to press for "private" financing in a conference committee with the Senate). Most potential recipients turn out not to be ...
- Philip Morris Companies Inc. Revises Earnings Guidance.
- Press release article from: Business Wire September 26, 2002 700+ words
...Underlying Diluted EPS Growth of 8% to 10% Philip Morris Companies Inc. (NYSE:MO) today...additional promotional spending at Philip Morris U.S.A., its domestic tobacco...legislation. As a result of these factors, Philip Morris U.S.A.'s total retail market...
- Philip Morris changes its name, but not its harmful practices. (Cover Essay).
- Magazine article from: Tobacco Control Myers, M.L. September 1, 2002 700+ words
...to improve its name and reputation, Philip Morris has abruptly shifted course and decided...to The Altria Group, Inc. Why has Philip Morris changed its name to The Altria Group...obvious. The public isn't buying Philip Morris's image makeover. In January, Philip...
- Philip Morris Companies Inc. Announces Senior Management Team to Guide Future...
- Press release article from: Business Wire March 27, 2002 700+ words
...BUSINESS WIRE)--March 27, 2002 Philip Morris Companies Inc. (NYSE:MO) today...2002, the Board of Directors of Philip Morris Companies Inc. announced its intention...team. "These individuals will lead Philip Morris into a new generation of outstanding...
- PHILIP MORRIS INT'L CAUGHT IN PHILIPPINES IN ANOTHER SPONSORSHIP.
- News wire article from: AsiaPulse News August 13, 2008 700+ words
...details below.) MEDIA RELEASE PR31428 Philip Morris International Caught in Philippines...tobacco control advocates are calling on Philip Morris International to withdraw its sponsorship...violate national law. Last month, Philip Morris International withdrew its sponsorship...
- PHILIP MORRIS SIGNS AGREEMENT TO BUILD MAJOR FACTORY IN RUSSIA INVESTMENT...
- Press release article from: PR Newswire September 4, 1992 700+ words
PHILIP MORRIS SIGNS AGREEMENT TO BUILD MAJOR FACTORY...Y., Sept. 4 /PRNewswire/ -- Philip Morris International and the Administration...agreement will significantly strengthen Philip Morris' position in Russia, where the company...
- Philip Morris board of directors elects Murray H. Bring vice chairman, William...
- Press release article from: Business Wire March 26, 1997 700+ words
...President and Chief Executive Officer, Philip Morris International Inc. Philip Morris Companies Inc. (NYSE: MO) today announced...president and chief executive officer, Philip Morris International Inc., the position formerly...
- Philip Morris Wins Reduction of Bond Needed to Appeal Class-Action Ruling.
- Newspaper article from: Knight Ridder/Tribune Business News April 15, 2003 700+ words
...to exert pressure. "Philip Morris did an excellent job...for comment Monday. Philip Morris also said in court Friday...cents, or nearly 3 percent, on the New York Stock...A big victory for Philip Morris would be if the case...
- PHILIP MORRIS ACCEPTS ABC'S APOLOGY
- Press release article from: PR Newswire August 21, 1995 700+ words
...suit brought against it last year by Philip Morris Companies Inc. (NYSE: MO) and Philip Morris Incorporated. The suit arose after ABC...issued an apology to its viewers and to Philip Morris. A copy of ABC's correction statement...
- Philip Morris U.S.A. Expresses Confidence in its Youth Smoking Prevention...
- Press release article from: Business Wire May 29, 2002 700+ words
...there has been a 22 percent decline in youth smoking rates. "Philip Morris U.S.A.'s...interviewed as part of Philip Morris U.S.A. Youth...and likeability. Philip Morris U.S.A.'s...standard whereby 90 percent or more of the...
- Philip Morris's hunger philanthropy tops $100 million; Contributions Benefit...
- Press release article from: Business Wire November 17, 1995 700+ words
...Affairs, the contributions from the Philip Morris family of companies include more than...Geoffrey C. Bible, chairman and CEO of Philip Morris Companies Inc. "With other volunteers from Philip Morris, Bible helped prepare and deliver...
Source: HighBeam Research, Behind the smoke screen.(Between The Lines)