Facebook’s growing role in the ever-expanding surveillance and “pre-crime” apparatus of the national security state demands new scrutiny of the company’s origins and its products as they relate to a former, controversial DARPA-run surveillance program that was essentially analogous to what is currently the world’s largest social network.
In mid-February, Daniel Baker, a US veteran described by the media as “anti-Trump, anti-government, anti-white supremacists, and anti-police,” was charged by a Florida grand jury with two counts of “transmitting a communication in interstate commerce containing a threat to kidnap or injure.”
The communication in question had been posted by Baker on Facebook, where he had created an event page to organize an armed counter-rally to one planned by Donald Trump supporters at the Florida capital of Tallahassee on January 6. “If you are afraid to die fighting the enemy, then stay in bed and live. Call all of your friends and Rise Up!,” Baker had written on his Facebook event page.
Baker’s case is notable as it is one of the first “precrime” arrests based entirely on social media posts—the logical conclusion of the Trump administration’s, and now Biden administration’s, push to normalize arresting individuals for online posts to prevent violent acts before they can happen. From the increasing sophistication of US intelligence/military contractor Palantir’s predictive policing programs to the formal announcement of the Justice Department’s Disruption and Early Engagement Program in 2019 to Biden’s first budget, which contains $111 million for pursuing and managing “increasing domestic terrorism caseloads,” the steady advance toward a precrime-centered “war on domestic terror” has been notable under every post-9/11 presidential administration.
This new so-called war on domestic terror has actually resulted in many of these types of posts on Facebook. And, while Facebook has long sought to portray itself as a “town square” that allows people from across the world to connect, a deeper look into its apparently military origins and continual military connections reveals that the world’s largest social network was always intended to act as a surveillance tool to identify and target domestic dissent.
Part 1 of this two-part series on Facebook and the US national-security state explores the social media network’s origins and the timing and nature of its rise as it relates to a controversial military program that was shut down the same day that Facebook launched. The program, known as LifeLog, was one of several controversial post-9/11 surveillance programs pursued by the Pentagon’s Defense Advanced Research Projects Agency (DARPA) that threatened to destroy privacy and civil liberties in the United States while also seeking to harvest data for producing “humanized” artificial intelligence (AI).
As this report will show, Facebook is not the only Silicon Valley giant whose origins coincide closely with this same series of DARPA initiatives and whose current activities are providing both the engine and the fuel for a hi-tech war on domestic dissent.
DARPA’s Data Mining for “National Security” and to “Humanize” AI
In the aftermath of the September 11 attacks, DARPA, in close collaboration with the US intelligence community (specifically the CIA), began developing a “precrime” approach to combatting terrorism known as Total Information Awareness or TIA. The purpose of TIA was to develop an “all-seeing” military-surveillance apparatus. The official logic behind TIA was that invasive surveillance of the entire US population was necessary to prevent terrorist attacks, bioterrorism events, and even naturally occurring disease outbreaks.
The architect of TIA, and the man who led it during its relatively brief existence, was John Poindexter, best known for being Ronald Reagan’s National Security Advisor during the Iran-Contra affair and for being convicted of five felonies in relation to that scandal. A less well-known activity of Iran-Contra figures like Poindexter and Oliver North was their development of the Main Core database to be used in “continuity of government” protocols. Main Core was used to compile a list of US dissidents and “potential troublemakers” to be dealt with if the COG protocols were ever invoked. These protocols could be invoked for a variety of reasons, including widespread public opposition to a US military intervention abroad, widespread internal dissent, or a vaguely defined moment of “national crisis” or “time of panic.” Americans were not informed if their name was placed on the list, and a person could be added to the list for merely having attended a protest in the past, for failing to pay taxes, or for other, “often trivial,” behaviors deemed “unfriendly” by its architects in the Reagan administration.
In light of this, it was no exaggeration when New York Times columnist William Safire remarked that, with TIA, “Poindexter is now realizing his twenty-year dream: getting the ‘data-mining’ power to snoop on every public and private act of every American.”
The TIA program met with considerable citizen outrage after it was revealed to the public in early 2003. TIA’s critics included the American Civil Liberties Union, which claimed that the surveillance effort would “kill privacy in America” because “every aspect of our lives would be catalogued,” while several mainstream media outlets warned that TIA was “fighting terror by terrifying US citizens.” As a result of the pressure, DARPA changed the program’s name to Terrorist Information Awareness to make it sound less like a national-security panopticon and more like a program aiming specifically at terrorists in the post-9/11 era.
The logo for DARPA’s Information Awareness Office, which oversaw Total Information Awareness during its brief existence
The TIA projects were not actually closed down, however, with most moved to the classified portfolios of the Pentagon and US intelligence community. Some became intelligence funded and guided private-sector endeavors, such as Peter Thiel’s Palantir, while others resurfaced years later under the guise of combatting the COVID-19 crisis.
Soon after TIA was initiated, a similar DARPA program was taking shape under the direction of a close friend of Poindexter’s, DARPA program manager Douglas Gage. Gage’s project, LifeLog, sought to “build a database tracking a person’s entire existence” that included an individual’s relationships and communications (phone calls, mail, etc.), their media-consumption habits, their purchases, and much more in order to build a digital record of “everything an individual says, sees, or does.” LifeLog would then take this unstructured data and organize it into “discreet episodes” or snapshots while also “mapping out relationships, memories, events and experiences.”
LifeLog, per Gage and supporters of the program, would create a permanent and searchable electronic diary of a person’s entire life, which DARPA argued could be used to create next-generation “digital assistants” and offer users a “near-perfect digital memory.” Gage insisted, even after the program was shut down, that individuals would have had “complete control of their own data-collection efforts” as they could “decide when to turn the sensors on or off and decide who will share the data.” In the years since then, analogous promises of user control have been made by the tech giants of Silicon Valley, only to be broken repeatedly for profit and to feed the government’s domestic-surveillance apparatus.
The information that LifeLog gleaned from an individual’s every interaction with technology would be combined with information obtained from a GPS transmitter that tracked and documented the person’s location, audio-visual sensors that recorded what the person saw and said, as well as biomedical monitors that gauged the person’s health. Like TIA, LifeLog was promoted by DARPA as potentially supporting “medical research and the early detection of an emerging epidemic.”
Critics in mainstream media outlets and elsewhere were quick to point out that the program would inevitably be used to build profiles on dissidents as well as suspected terrorists. Combined with TIA’s surveillance of individuals at multiple levels, LifeLog went farther by “adding physical information (like how we feel) and media data (like what we read) to this transactional data.” One critic, Lee Tien of the Electronic Frontier Foundation, warned at the time that the programs that DARPA was pursuing, including LifeLog, “have obvious, easy paths to Homeland Security deployments.”
At the time, DARPA publicly insisted that LifeLog and TIA were not connected, despite their obvious parallels, and that LifeLog would not be used for “clandestine surveillance.” However, DARPA’s own documentation on LifeLog noted that the project “will be able . . . to infer the user’s routines, habits and relationships with other people, organizations, places and objects, and to exploit these patterns to ease its task,” which acknowledged its potential use as a tool of mass surveillance.
In addition to the ability to profile potential enemies of the state, LifeLog had another goal that was arguably more important to the national-security state and its academic partners—the “humanization” and advancement of artificial intelligence. In late 2002, just months prior to announcing the existence of LifeLog, DARPA released a strategy document detailing development of artificial intelligence by feeding it with massive floods of data from various sources.
The post-9/11 military-surveillance projects—LifeLog and TIA being only two of them—offered quantities of data that had previously been unthinkable to obtain and that could potentially hold the key to achieving the hypothesized “technological singularity.” The 2002 DARPA document even discusses DARPA’s effort to create a brain-machine interface that would feed human thoughts directly into machines to advance AI by keeping it constantly awash in freshly mined data.
One of the projects outlined by DARPA, the Cognitive Computing Initiative, sought to develop sophisticated artificial intelligence through the creation of an “enduring personalized cognitive assistant,” later termed the Perceptive Assistant that Learns, or PAL. PAL, from the very beginning was tied to LifeLog, which was originally intended to result in granting an AI “assistant” human-like decision-making and comprehension abilities by spinning masses of unstructured data into narrative format.
The would-be main researchers for the LifeLog project also reflect the program’s end goal of creating humanized AI. For instance, Howard Shrobe at the MIT Artificial Intelligence Laboratory and his team at the time were set to be intimately involved in LifeLog. Shrobe had previously worked for DARPA on the “evolutionary design of complex software” before becoming associate director of the AI Lab at MIT and has devoted his lengthy career to building “cognitive-style AI.” In the years after LifeLog was cancelled, he again worked for DARPA as well as on intelligence community–related AI research projects. In addition, the AI Lab at MIT was intimately connected with the 1980s corporation and DARPA contractor called Thinking Machines, which was founded by and/or employed many of the lab’s luminaries—including Danny Hillis, Marvin Minsky, and Eric Lander—and sought to build AI supercomputers capable of human-like thought. All three of these individuals were later revealed to be close associates of and/or sponsored by the intelligence-linked pedophile Jeffrey Epstein, who also generously donated to MIT as an institution and was a leading funder of and advocate for transhumanist-related scientific research.
Soon after the LifeLog program was shuttered, critics worried that, like TIA, it would continue under a different name. For example, Lee Tien of the Electronic Frontier Foundation told VICE at the time of LifeLog’s cancellation, “It would not surprise me to learn that the government continued to fund research that pushed this area forward without calling it LifeLog.”
Along with its critics, one of the would-be researchers working on LifeLog, MIT’s David Karger, was also certain that the DARPA project would continue in a repackaged form. He told Wired that “I am sure such research will continue to be funded under some other title . . . I can’t imagine DARPA ‘dropping out’ of a such a key research area.”
The answer to these speculations appears to lie with the company that launched the exact same day that LifeLog was shuttered by the Pentagon: Facebook.
Thiel Information Awareness
After considerable controversy and criticism, in late 2003, TIA was shut down and defunded by Congress, just months after it was launched. It was only later revealed that that TIA was never actually shut down, with its various programs having been covertly divided up among the web of military and intelligence agencies that make up the US national-security state. Some of it was privatized.
The same month that TIA was pressured to change its name after growing backlash, Peter Thiel incorporated Palantir, which was, incidentally, developing the core panopticon software that TIA had hoped to wield. Soon after Palantir’s incorporation in 2003, Richard Perle, a notorious neoconservative from the Reagan and Bush administrations and an architect of the Iraq War, called TIA’s Poindexter and said he wanted to introduce him to Thiel and his associate Alex Karp, now Palantir’s CEO. According to a report in New York magazine, Poindexter “was precisely the person” whom Thiel and Karp wanted to meet, mainly because “their new company was similar in ambition to what Poindexter had tried to create at the Pentagon,” that is, TIA. During that meeting, Thiel and Karp sought “to pick the brain of the man now widely viewed as the godfather of modern surveillance.”
Peter Thiel speaks at the World Economic Forum in 2013, Source: Mirko Ries Courtesy for the World Economic Forum
Soon after Palantir’s incorporation, though the exact timing and details of the investment remain hidden from the public, the CIA’s In-Q-Tel became the company’s first backer, aside from Thiel himself, giving it an estimated $2 million. In-Q-Tel’s stake in Palantir would not be publicly reported until mid-2006.
The money was certainly useful. In addition, Alex Karp told the New York Times in October 2020, “the real value of the In-Q-Tel investment was that it gave Palantir access to the CIA analysts who were its intended clients.” A key figure in the making of In-Q-Tel investments during this period, including the investment in Palantir, was the CIA’s chief information officer, Alan Wade, who had been the intelligence community’s point man for Total Information Awareness. Wade had previously cofounded the post-9/11 Homeland Security software contractor Chiliad alongside Christine Maxwell, sister of Ghislaine Maxwell and daughter of Iran-Contra figure, intelligence operative, and media baron Robert Maxwell.
After the In-Q-Tel investment, the CIA would be Palantir’s only client until 2008. During that period, Palantir’s two top engineers—Aki Jain and Stephen Cohen—traveled to CIA headquarters at Langley, Virginia, every two weeks. Jain recalls making at least two hundred trips to CIA headquarters between 2005 and 2009. During those regular visits, CIA analysts “would test [Palantir’s software] out and offer feedback, and then Cohen and Jain would fly back to California to tweak it.” As with In-Q-Tel’s decision to invest in Palantir, the CIA’s chief information officer during this time remained one of TIA’s architects. Alan Wade played a key role in many of these meetings and subsequently in the “tweaking” of Palantir’s products.
Today, Palantir’s products are used for mass surveillance, predictive policing, and other disconcerting policies of the US national-security state. A telling example is Palantir’s sizable involvement in the new Health and Human Services–run wastewater surveillance program that is quietly spreading across the United States. As noted in a previous Unlimited Hangout report, that system is the resurrection of a TIA program called Biosurveillance. It is feeding all its data into the Palantir-managed and secretive HHS Protect data platform. The decision to turn controversial DARPA-led programs into a private ventures, however, was not limited to Thiel’s Palantir.
The Rise of Facebook
The shuttering of TIA at DARPA had an impact on several related programs, which were also dismantled in the wake of public outrage over DARPA’s post-9/11 programs. One of these programs was LifeLog. As news of the program spread through the media, many of the same vocal critics who had attacked TIA went after LifeLog with similar zeal, with Steven Aftergood of the Federation of American Scientists telling Wired at the time that “LifeLog has the potential to become something like ‘TIA cubed.’” LifeLog being viewed as something that would prove even worse than the recently cancelled TIA had a clear effect on DARPA, which had just seen both TIA and another related program cancelled after considerable backlash from the public and the press.
The firestorm of criticism of LifeLog took its program manager, Doug Gage, by surprise, and Gage has continued to assert that the program’s critics “completely mischaracterized” the goals and ambitions of the project. Despite Gage’s protests and those of LifeLog’s would-be researchers and other supporters, the project was publicly nixed on February 4, 2004. DARPA never provided an explanation for its quiet move to shutter LifeLog, with a spokesperson stating only that it was related to “a change in priorities” for the agency. On DARPA director Tony Tether’s decision to kill LifeLog, Gage later told VICE, “I think he had been burnt so badly with TIA that he didn’t want to deal with any further controversy with LifeLog. The death of LifeLog was collateral damage tied to the death of TIA.”
Fortuitously for those supporting the goals and ambitions of LifeLog, a company that turned out to be its private-sector analogue was born on the same day that LifeLog’s cancellation was announced. On February 4, 2004, what is now the world’s largest social network, Facebook, launched its website and quickly rose to the top of the social media roost, leaving other social media companies of the era in the dust.
Sean Parker of Founders Fund speaks during the LeWeb conference in 2011, Source: @Kmeron for LeWeb11 @ Les Docks de Paris
A few months into Facebook’s launch, in June 2004, Facebook cofounders Mark Zuckerberg and Dustin Moskovitz brought Sean Parker onto Facebook’s executive team. Parker, previously known for cofounding Napster, later connected Facebook with its first outside investor, Peter Thiel. As discussed, Thiel, at that time, in coordination with the CIA, was actively trying to resurrect controversial DARPA programs that had been dismantled the previous year. Notably, Sean Parker, who became Facebook’s first president, also had a history with the CIA, which recruited him at the age of sixteen soon after he had been busted by the FBI for hacking corporate and military databases. Thanks to Parker, in September 2004, Thiel formally acquired $500,000 worth of Facebook shares and was added its board. Parker maintained close ties to Facebook as well as to Thiel, with Parker being hired as a managing partner of Thiel’s Founders Fund in 2006.
Thiel and Facebook cofounder Mosokvitz became involved outside of the social network long after Facebook’s rise to prominence, with Thiel’s Founder Fund becoming a significant investor in Moskovitz’s company Asana in 2012. Thiel’s longstanding symbiotic relationship with Facebook cofounders extends to his company Palantir, as the data that Facebook users make public invariably winds up in Palantir’s databases and helps drive the surveillance engine Palantir runs for a handful of US police departments, the military, and the intelligence community. In the case of the Facebook–Cambridge Analytica data scandal, Palantir was also involved in utilizing Facebook data to benefit the 2016 Donald Trump presidential campaign.
Today, as recent arrests such as that of Daniel Baker have indicated, Facebook data is slated to help power the coming “war on domestic terror,” given that information shared on the platform is being used in “precrime” capture of US citizens, domestically. In light of this, it is worth dwelling on the point that Thiel’s exertions to resurrect the main aspects of TIA as his own private company coincided with his becoming the first outside investor in what was essentially the analogue of another DARPA program deeply intertwined with TIA.
Facebook, a Front
Because of the coincidence that Facebook launched the same day that LifeLog was shut down, there has been recent speculation that Zuckerberg began and launched the project with Moskovitz, Saverin, and others through some sort of behind-the-scenes coordination with DARPA or another organ of the national-security state. While there is no direct evidence for this precise claim, the early involvement of Parker and Thiel in the project, particularly given the timing of Thiel’s other activities, reveals that the national-security state was involved in Facebook’s rise. It is debatable whether Facebook was intended from its inception to be a LifeLog analogue or if it happened to be the social media project that fit the bill after its launch. The latter seems more likely, especially considering that Thiel also invested in another early social media platform, Friendster.
An important point linking Facebook and LifeLog is the subsequent identification of Facebook with LifeLog by the latter’s DARPA architect himself. In 2015, Gage told VICE that “Facebook is the real face of pseudo-LifeLog at this point.” He tellingly added, “We have ended up providing the same kind of detailed personal information to advertisers and data brokers and without arousing the kind of opposition that LifeLog provoked.”
Users of Facebook and other large social media platforms have so far been content to allow these platforms to sell their private data so long as they publicly operate as private enterprises. Backlash only really emerged when such activities were publicly tied to the US government, and especially the US military, even though Facebook and other tech giants routinely share their users’ data with the national-security state. In practice, there is little difference between the public and private entities.
Edward Snowden, the NSA whistleblower, notably warned in 2019 that Facebook is just as untrustworthy as US intelligence, stating that “Facebook’s internal purpose, whether they state it publicly or not, is to compile perfect records of private lives to the maximum extent of their capability, and then exploit that for their own corporate enrichment. And damn the consequences.”
Snowden also stated in the same interview that “the more Google knows about you, the more Facebook knows about you, the more they are able . . . to create permanent records of private lives, the more influence and power they have over us.” This underscores how both Facebook and intelligence-linked Google have accomplished much of what LifeLog had aimed to do, but on a much larger scale than what DARPA had originally envisioned.
The reality is that most of the large Silicon Valley companies of today have been closely linked to the US national-security state establishment since their inception. Notable examples aside from Facebook and Palantir include Google and Oracle. Today these companies are more openly collaborating with the military-intelligence agencies that guided their development and/or provided early funding, as they are used to provide the data needed to fuel the newly announced war on domestic terror and its accompanying algorithms.
It is hardly a coincidence that someone like Peter Thiel, who built Palantir with the CIA and helped ensure Facebook’s rise, is also heavily involved in Big Data AI-driven “predictive policing” approaches to surveillance and law enforcement, both through Palantir and through his other investments. TIA, LifeLog, and related government and private programs and institutions launched after 9/11, were always intended to be used against the American public in a war against dissent. This was noted by their critics in 2003-4 and by those who have examined the origins of the “homeland security” pivot in the US and its connection to past CIA “counterterror” programs in Vietnam and Latin America.
Ultimately, the illusion of Facebook and related companies as being independent of the US national-security state has prevented a recognition of the reality of social media platforms and their long-intended, yet covert uses, which we are beginning to see move into the open following the events of January 6. Now, with billions of people conditioned to use Facebook and social media as part of their daily lives, the question becomes: If that illusion were to be irrevocably shattered today, would it make a difference to Facebook’s users? Or has the populace become so conditioned to surrendering their private data in exchange for dopamine-fueled social-validation loops that it no longer matters who ends up holding that data?
Part 2 of this series on Facebook will explore how the social media platform has grown into a behemoth that is much more extensive than what LifeLog’s program managers had originally envisioned. In concert with military contractors and former heads of DARPA, Facebook has spent the last several years doing two key things: (1) preparing to play a much larger role in surveillance and data mining than it currently does; and (2) advancing the development of a “humanized” AI, a major objective of LifeLog.
IVI starts technology transfer to Biological E. Limited to manufacture oral cholera vaccine for India and global markets
Credit: IVI IVI will complete the technology transfer by 2025 Oral Cholera Vaccine to be manufactured by Biological E. Limited for India and international…
Oral Cholera Vaccine to be manufactured by Biological E. Limited for India and international markets
March 20, 2024, SEOUL, Republic of Koreaand HYDERABAD, India — The International Vaccine Institute (IVI), an international organization with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health, today announced that it has commenced a technology transfer of simplified Oral Cholera Vaccine (OCV-S) to Biological E. Limited (BE), a leading India-based Vaccines and Pharmaceutical Company.
Following the signing of a technology license agreement in November last year, IVI has begun providing the technical information, know-how, and materials to produce OCV-S at BE facilities and will continue to support necessary clinical development and regulatory approvals. IVI and BE entered this partnership during an unprecedented surge of cholera outbreaks worldwide and aim to increase the volume of low-cost cholera vaccine in India as well as the global public market.
IVI will complete the technology transfer by 2025 and the oral cholera vaccine will be manufactured for India and international markets by Biological E. Limited.
Dr. Jerome Kim, Director General of IVI, said: “In an era of heightened risk of poverty-associated infectious diseases such as cholera, the world needs a sustainable source of high-quality, affordable vaccines and committed manufacturers to supply them. We are pleased to partner with Biological E., a company with a proven history of making life-saving vaccines accessible globally, to address this supply gap and protect communities from this deadly, though preventable, disease.”
Ms. Mahima Datla, Managing Director, Biological E. Limited, said: “We are glad to be in collaboration with IVI for the manufacture of simplified Oral Cholera Vaccine. Our efforts are aimed to not only combat the disease but to also be part of a sustained legacy of innovation, collaboration, and health stewardship. Together with IVI, we are happy to be shaping a healthier and more resilient future by making this vaccine accessible globally.”
This technology transfer and licensing agreement is the sixth of its kind for IVI, transferring such technology to manufacturers in India, the Republic of Korea, Bangladesh, and South Africa. All these partnerships have led to or seek to achieve, pre-qualification (PQ) from the World Health Organization, a designation that enables global agencies such as UNICEF to procure the vaccine for the global market. BE already has 9 vaccines with WHO PQ in its portfolio, and IVI and BE will pursue WHO PQ for OCV-S as well, following national licensure in India.
Dr. Julia Lynch, Director of IVI’s Cholera Program, said: “The cholera situation is dire, and the availability and use of oral cholera vaccine is an essential part of a multifaceted approach to cholera control and prevention, especially as outbreaks increase and the global vaccine supply remains strained. With more manufacturers like BE entering the market, the future supply situation looks strong. IVI remains committed to ensuring the availability of the oral cholera vaccine and to developing new and improved vaccines that are equally safe, effective, and affordable and made around the world, for the world.”
OCV-S is a simplified formulation of OCV with the potential to lower production costs while increasing production capacity for current and aspiring OCV manufacturers. IVI’s development of OCV-S and ongoing technology transfers are part of an institutional strategy to confront cholera with 3 main goals: 1) Ensure supply of OCV 2) Improve cholera vaccines 3) Support OCV use and introduction. The Bill & Melinda Gates Foundation has been supporting IVI’s cholera program since 2000 and is funding this latest technology transfer to BE.
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About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.
IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO), and developed a new-generation typhoid conjugate vaccine that also achieved WHO prequalification in early 2024.
IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, an Africa Regional Office in Rwanda, a Country Office in Austria, and a Country and Project Office in Kenya. IVI additionally co-founded the Hong Kong Jockey Club Global Health Institute in Hong Kong and hosts Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.
About Biological E. Limited
Biological E. Limited (BE), a Hyderabad-based Pharmaceuticals & Biologics Company founded in 1953, is the first private sector biological products company in India and the first pharmaceutical company in Southern India. BE develops, manufactures and supplies vaccines and therapeutics. BE supplies its vaccines to more than 130 countries and its therapeutic products are sold in India, the USA and Europe. BE currently has 8 WHO-prequalified vaccines and 10 USFDA approved Generic Injectables in its portfolio. Recently, BE has received Emergency Use Listing (EUL) from the WHO for CORBEVAX®, the COVID-19 vaccine. Recently, DCGI has approved BE’S 14-Valent Pneumococcal Conjugate vaccine.
In recent years, BE has embarked on new initiatives for organizational expansion such as developing specialty injectable products for global markets as a means to manufacture APIs sustainably and developing novel vaccines for the global market.
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Young people, in our idealism and our rational ignorance of the actual appropriations process, typically support more government intervention, more spending programs, and more of every other burden that has landed us in such untenable economic circumstances to begin with. Perhaps not coincidentally, young people who’ve spent the most years in the increasingly partisan bubble of higher education are also the most likely to favor expanded government programs as a “solution” to those complaints.
It’s Your Debt, Boomer
What most young people don’t yet understand is that we are sacrificing our young adulthood and our financial security to pay for debts run up by Baby Boomers. Part of every Millennial and Gen-Z paycheck is payable to people the same age as the members of Congress currently milking this system and miring us further in debt.
Our government spends more than it can extract from taxpayers. Social Security, which represents 20 percent of government spending, has run an annual deficit for 15 years. Last year Social Security alone overspent by $22.1 billion. To keep sending out checks to retirees, Social Security goes begging to the Treasury Department, and the Treasury borrows from the public by issuing bonds. Bonds allow investors (who are often also taxpayers) to pay for some retirees’ benefits now, and be paid back later. But investors only volunteer to lend Social Security the money it needs to cover its bills because the (younger) taxpayers will eventually repay the debt — with interest.
In other words, both Social Security and Medicare, along with various smaller federal entitlement programs, together comprising almost half of the federal budget, have been operating for a decade on the principle of “give us the money now, and stick the next generation with the check.” We saddle future generations with debt for present-day consumption.
The second largest item in the budget after Social Security is interest on the national debt — largely on Social Security and other entitlements that have already been spent. These mandatory benefits now consume three quarters of the federal budget: even Congress is not answerable for these programs. We never had the chance for our votes to impact that spending (not that older generations were much better represented) and it’s unclear if we ever will.
Young Americans probably don’t think much about the budget deficit (each year’s overspending) or the national debt (many years’ deficits put together, plus interest) much at all. And why should we? For our entire political memory, the federal government, as well as most of our state governments, have been steadily piling “public” debt upon our individual and collective heads. That’s just how it is. We are the frogs trying to make our way in the watery world as the temperature ticks imperceptibly higher. We have been swimming in debt forever, unaware that we’re being economically boiled alive.
Millennials have somewhat modest non-mortgage debt of around $27,000 (some self-reports say twice that much), including car notes, student loans, and credit cards. But we each owe more than $100,000 as a share of the national debt. And we don’t even know it.
When Millennials finally do have babies (and we are!) that infant born in 2024 will enter the world with a newly minted Social Security Number and $78,089 credit card bill for Granddad’s heart surgery and the interest on a benefit check that was mailed when her parents were in middle school.
Headlines and comments sections love to sneer at “snowflakes” who’ve just hit the “real world,” and can’t figure out how to make ends meet, but the kids are onto something. A full 15 percent of our earnings are confiscated to pay into retirement and healthcare programs that will be insolvent by the time we’re old enough to enjoy them. The Federal Reserve and government debt are eating the economy. The same interest rates that are pushing mortgages out of reach are driving up the cost of interest to maintain the debt going forward. As we learn to save and invest, our dollars are slowly devalued. We’re right to feel trapped.
Sure, if we’re alive and own a smartphone, we’re among the one percent of the wealthiest humans who’ve ever lived. Older generations could argue (persuasively!) that we have no idea what “poverty” is anymore. But with the state of government spending and debt…we are likely to find out.
Despite being richer than Rockefeller, Millennials are right to say that the previous ways of building income security have been pushed out of reach. Our earning years are subsidizing not our own economic coming-of-age, but bank bailouts, wars abroad, and retirement and medical benefits for people who navigated a less-challenging wealth-building landscape.
Government “help” during COVID-19 resulted in the worst inflation in 40 years, as the federal government spent $42,000 per citizen on “stimulus” efforts, right around a Millennial’s average salary at that time. An absurd amount of fraud was perpetrated in the stimulus to save an economy from the lockdown that nearly ruined it. Trillions in earmarked goodies were rubber stamped, carelessly added to young people’s growing bill. Government lenders deliberately removed fraud controls, fearing they couldn’t hand out $800 billion in young people’s future wages away fast enough. Important lessons were taught by those programs. The importance of self-sufficiency and the dignity of hard work weren’t top of the list.
Boomer Benefits are Stagnating Hiring, Wages, and Investment for Young People
Federal spending programs that many people consider good government, including Social Security, Medicare, Medicaid, and health insurance for children (CHIP) aren’t a small amount of the federal budget. Government spends on these programs because people support and demand them, and because cutting those benefits would be a re-election death sentence. That’s why they call cutting Social Security the “third rail of politics.” If you touch those benefits, you die. Congress is held hostage by Baby Boomers who are running up the bill with no sign of slowing down.
Young people generally support Social Security and the public health insurance programs, even though a 2021 poll by Nationwide Financial found 47 percent of Millennials agree with the statement “I will not get a dime of the Social Security benefits I have earned.”
In the same survey, Millennials were the most likely of any generation to believe that Social Security benefits should be enough to live on as a sole income, and guessed the retirement age was 52 (it’s 67 for anyone born after 1959 — and that’s likely to rise). Young people are the most likely to see government guarantees as a valid way to live — even though we seem to understand that those promises aren’t guarantees at all.
Healthcare costs tied to an aging population and wonderful-but-expensive growth in medical technologies and medications will balloon over the next few years, and so will the deficits in Boomer benefit programs. Newly developed obesity drugs alone are expected to add $13.6 billion to Medicare spending. By 2030, every single Baby Boomer will be 65, eligible for publicly funded healthcare.
The first Millennial will be eligible to claim Medicare (assuming the program exists and the qualifying age is still 65, both of which are improbable) in 2046. As it happens, that’s also the year that the Boomer benefits programs (which will then be bloated with Gen Xers) and the interest payments we’re incurring to provide those benefits now, are projected to consume 100 percent of federal tax revenue.
Government spending is being transferred to bureaucrats and then to the beneficiaries of government spending who are, in some sense, your diabetic grandma who needs a Medicare-paid dialysis treatment, but in a much more immediate sense, are the insurance companies, pharma giants, and hospital corporations who wrote the healthcare legislation. Some percentage of every college graduate’s paycheck buys bullets that get fired at nothing and inflating the private investment portfolios of government contractors, with dubious, wasteful outcomes from the prison-industrial complex to the perpetual war machine.
No bank or nation in the world can lend the kind of money the American government needs to borrow to fulfill its obligations to citizens. Someone will have to bite the bullet. Even some of the co-authors of the current disaster are wrestling with the truth.
Forget avocado toast and streaming subscriptions. We’re already sensing it, but we haven’t yet seen it. Young people are not well-informed, and often actively misled, about what’s rotten in this economic system. But we are seeing the consequences on store shelves and mortgage contracts and we can sense disaster is coming. We’re about to get stuck with the bill.
U.S. Sen. Elizabeth Warren (D-MA) wants answers from one of the top student loan service companies in the country for allegedly botching its student loan forgiveness process involving the federal Public Service Loan Forgiveness program, leaving borrowers confused and without answers.
The senator sent a letter to Mohela CEO Scott Giles on March 18 inviting him to testify before Congress at a hearing on April 10 titled “MOHELA’s Performance as a Student Loan Servicer.” During the hearing, Giles will have to answer for why his company allegedly failed to send billing statements to student loan borrowers in a timely manner and miscalculated monthly payments for borrowers when it was time for them to repay their loans in September last year.
Also, in the letter, Warren highlighted a report that claimed that Mohela failed to perform basic servicing functions for borrowers eligible for PSLF, which led to over 800,000 public service workers facing delays in receiving student debt relief. The report also accuses the company of using a “‘call deflection’ scheme” to keep customers away from speaking to a customer service representative and instead redirecting them to parts of their website.
“Your company has contributed to student loan borrowers’ difficulties by mishandling borrowers’ return to repayment following the COVID-19 pandemic-related pause on payments, interest, and collections and by impeding public servants’ access to PSLF relief,” wrote Warren in the letter.
The move from Warren comes after the U.S. Department of Education withheld $7.2 million in payments to its servicer Mohela in October as punishment because it failed to issue timely billing statements to 2.5 million borrowers which resulted in 800,000 borrowers becoming delinquent on their loans. The department ordered Mohela to put those affected by the issues into forbearance until the mess was resolved.
U.S. President Joe Biden is joined by Education Secretary Miguel Cardona (L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington, DC.
Mohela is also currently facing two class-action lawsuits, one filed in December last year and another in January this year, for its alleged “failure to timely process and render decisions for student loan borrowers enrolled in the Public Service Loan Forgiveness program.”
In response to recent criticism surrounding its alleged issues and failures regarding the PSLF program, Mohela claimed in a statement to the Missouri Independent that it “does not have authority to process loan forgiveness until authorization is provided by FSA, which can take months to occur.”
The company also claimed that there are “false accusations” inside of the bombshell report, which was released in February, that details the company’s servicing failures.
“It is unfortunate and irresponsible that information is being spun to create a false narrative in an attempt to mislead the public. False accusations are being disingenuously branded as an investigative report,” said Mohela.
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