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Archive for October 3rd, 2017

Basic Definitions and Etymology (Roots) of the Word ~syndicate. Syndicates are formed for legal OR illegal purposes. Know the Difference! (Recent context, My USDOJ Tobacco RICO post + Others’ Lasker Syndicate references) [From 8/26, Publ. 10/3/2017]

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Basic Definitions and Etymology (Roots) of the word ~syndicate. Syndicates can be formed for legal OR illegal purposes. Know the Difference! (8/26/2017)

@ Early October 2017: I’ve been busy the second half of September, first with handling personal writing necessities (for my own situation which continues to develop new twists and turns over time) and worked a good while on completing the 2017 Table of Contents for this blog and updating the pages referencing it.

Now, having handled those tasks, or at least made my intents clear (as to the personal situation) to avoid being kicked further down a certain dead-end road (as has been attempted towards me also, over time), I am starting to publish several posts left in the pipeline during that time.  Because of the two-week delay, during which other major, national events, and some family court reform activities are being publicized and moving down their “pipelines” too, the points of reference here back to subject matter on the anti-tobacco movements as it works through federal agencies and was promoted by specific private wealth with a cause..may seem odd…..There have been horribly destructive hurricanes, debates and complaints re: FEMA’s help getting to a devastated Puerto Rico and the largest mass-shooting in US history at a concert venue in Nevada, police indicating the shooter is a 64-year-old white guy without a criminal history, is still raw and  headline news.

However, here, the concept of “syndicate” is universal, and whether it’s health, news, or anything else, we should be aware of the basic definition and common usages, for better concepts where legal and valid syndicates may stray from legal OR valid.

Syndicates in any field are not to be lightly ignored, and are, through organization and the use of technology (i.e., electronic communications/ media) redefining what is and is not “local.”

Some posts in the short-term writing pipeline need more updating than others.  This post is fairly self-contained, didn’t really need fixing or expanding, and will be the first up.

This short post reminds us of the basic definitions (not necessarily legal definitions, if there are any) of “syndicate” and some of its usages.  Reviewing these should help also (hopefully) put readers at rest when they hear possibly discomforting, and less than complimentary references or quotes (in earlier posts herein) from “smokershistory.com” talking about the “Lasker syndicate.”  I see that even government websites on the history of the National Cancer Institute (Mary Lasker Papers, Mike Gorman Papers) and even some on-line books (see next image), document the appropriateness of the terminology, while not exactly featuring the word “syndicate” as a label because of its potentially negative connotations, i.e., “crime syndicate.”  (This next image is repeated below, click either one to enlarge):

Gov’t and Public Health in America (excerpt of footnotes referencing Mary Lasker influence), book by Ronald Harnowy.

This post, in its current, longer title (but with the same underlying shortlink), which adds the blogging context and references start and publication dates:

Basic Definitions and Etymology (Roots) of the Word ~syndicate. Syndicates are formed for legal OR illegal purposes. Know the Difference! (Recent context, My USDOJ Tobacco RICO post + Others’ Lasker Syndicate references) [From 8/26, Publ. 10/3/2017] (shortlink ends “-7vi” Both links above are the same, though their labels differ some).

Moved here from this post, but typed much earlier, while I try to wrangle this one into publish-able form:  USDOJ Tobacco RICO (Civil Suit) Intervenor NAATPN, Inc (2000ff, Total Current Assets, $0) and Caffee, Caffee and Associates PHF, Inc. (HattiesburgMS, 2003ff, Total Assets $0) — and trying to squeeze a California Network into that recipe. (shortlink ends “-7rm” post material moved here 8/15/2017)

I’m fairly sure the Tobacco Cessation networks qualify, now that I’ve spent another week (and more) reviewing tax returns of member / component organizations and noticing who sits on which inter-related boards, while some of the component and featured nonprofits are looking more and more like front groups, or at least “stooges” for continuing to repeat the same rhetoric year after year, failing to post their own tax returns, and when those are dug up (such as exist), revealing a casual disrespect for the norms of language, basic math (addition and subtraction), accounting practices (like taking a number reached in one part of the turn and having corresponding other parts actually match, carrying forward End of Year balance from one year and posting it as “Beginning of Year” Balance the following years; distinguishing balance sheet from expense and revenues, posting credible figures in the first place, and correctly labeling the hundred-thousand-dollar beneficiary federal agency…  For starters.  ((That paragraph and what’s below is ca. 8/15/2017//LGH))


WHAT IS MEANT BY A “SYNDICATE”?

Investopedia Definition (I selected just three, nonconsecutive paragraphs here):

What is a ‘Syndicate’

A syndicate is a temporary professional financial services group formed for the purpose of handling a large transaction that would be hard or impossible for the entities involved to handle individually. Syndication allows companies to pool their resources and share risks. There are several different types of syndicates, including underwriting syndicates, banking syndicates and insurance syndicates. ….

Examples of Syndicates

Companies may form a syndicate for a specific business venture that carries a high level of risk but also an attractive potential rate of return. In many cases, these businesses operate in the same industry and form a separate entity to apply their expertise to a product or service. Two drug companies, for example, may combine research and marketing knowledge to create a syndicate and develop a new drug. A large real estate project may be developed using a syndicate formed by several real estate companies. ….

How Companies Combine Available Expertise

Some projects are so large that no single company has all of the expertise needed to efficiently complete the project. This is often the case with large construction projects, such as a stadium, highway or railroad project. Companies form a syndicate so that each firm can apply a specific area of expertise to the project. In addition, subcontractors are assigned specific components of the project, such as lighting or concrete work. Each subcontractor obtains financing for its portion of the contract.**

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Regarding that last paragraph, by now we should be well aware that the public is often made part of such “syndicates” in “public/private partnerships” involving public funds.  That’s why it’s important to keep such vast projects on the honest, non-criminal side of the ledger, including when science and scientific experts are used to justify the project.

Unfortunately some projects are so large they are going to be by nature violating jurisdiction, authorized use of public funds, and INFORMED consent of the public.  When such projects are so large, they had better darned well be legitimate, and legitimately executed.  The more tax-exempt organizations are involved in any such project (as well as many types of organizations) and the more federal funding involved, the greater the likelihood for corrupt interests to get involved, and plan well ahead (years, or decades) for the eventual payoffs.

Unfortunately, from an individual’s perspective, and from mine over the years, the more I look into almost ANYTHING associated with the largest grantmaking agency, HHS, the less integrity at the grants level (let alone the contracts) I find, and the same goes for organizations large AND small dealing with the public issues.

Basic dictionary definitions of “Syndicate,” two images from “CambridgeDictionaries.com” (which has a simplified version for Americans, a more complex one for “English”!), and another two from (a single page in) the Oxford English Dictionary  Notice the Oxford  image (verb definition) is “Control or manage by a syndicate.” Click any image to enlarge as needed.
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martinplaut

Journalist specialising in the Horn of Africa and Southern Africa

Let's Get Honest! Blog: Absolutely Uncommon Analysis of Family & Conciliation Courts' Operations, Practices, & History

'A Different Kind of Attention Develops Sound Judgment' | 'Suppose I'm Right Here?...' (posted 3/23 & 3/5/2014). Over 680 posts, Public-Interest Investigative Blogging On These Matters Since 2009.

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