Why The American Red Cross Sells Blood For Billions

  Рет қаралды 96,752

CNBC

CNBC

Күн бұрын

Пікірлер: 187
@LearnToWin823
@LearnToWin823 Жыл бұрын
I think transparency is very important key factor to check especially with non profits organizations like the Red Cross due to their size and public image.
@hugoochoa3095
@hugoochoa3095 Жыл бұрын
I used to be a blood donor at Red Cross. I was getting call to donate and didn't mind. The one thing got me annoyed is that they ask me to do Power Red donation and I always tell them no because I used to do heavy lift at my previous job and working out at the gym. One point got so annoyed that I ask to Supervisor/Management and she told me that they would never ask me to donate Power Red. Then months later, I got a call from an agent and ask me for Power Red, got so mad of feeling lied and keep asking for it. I ask the agent for the Supervisor and then I complained about the situation and he told me : because the agents get commission/bonuses for Power Red donations. After that I stopped donating for Red Cross and never associated with them.
@EastMilk
@EastMilk Жыл бұрын
What's a Power Red donation?
@hugoochoa3095
@hugoochoa3095 Жыл бұрын
It's similar like donating whole blood. Two units
@Murf181
@Murf181 Жыл бұрын
​@@EastMilkyou are only donating red blood cells but double the amount you would from whole blood. It takes a lot of your whole blood and returns the plasma back to you
@michaelhilber8284
@michaelhilber8284 Жыл бұрын
Yes that's the aspect I don't like, I think their main motivation is to make money off us.
@irinkamoy
@irinkamoy 3 ай бұрын
Is any employees donate blood ? Where is blood goes , I don’t know , do you ? Where the plasma goes - hill rich people???
@PaulADAigle
@PaulADAigle Жыл бұрын
I can't donate blood. Back in the 90s, I donated blood in Michigan. Years later, while living in Washington state, I received a phone call asking me to donate blood again in Michigan. I told him I no longer lived in Michigan, so I couldn't. He stated that if I didn't donate, I'd be put on the "can't donate" list. Years later in the 2020s, I went to donate and found I was on the list so I was unable to donate ever again. I explained and asked them to fix it, but they said it may never be corrected. There's nothing wrong with me or my blood, but due to some idiot demanding I donate immediately, I'm not allowed.
@ok.ok.5735
@ok.ok.5735 Жыл бұрын
You should have immediately fed the vampires when asked. You know what happens when vampires can’t get blood?🩸
@PaulADAigle
@PaulADAigle Жыл бұрын
@@ok.ok.5735 LOL. I wasn't about to drive 3000 miles to donate.
@arsennguyen9746
@arsennguyen9746 Жыл бұрын
Any reasoning that they gave you? That seems so stupid
@PaulADAigle
@PaulADAigle Жыл бұрын
@@arsennguyen9746 The latest conversation I had was when I went to give blood and they told me they couldn't. I explained the story (as I could barely remember it), and they stated that there was a time when some hard pushing was done in the past with some bad handling of it by key low-level employees. I was apparently branded as if I had some permanent disease or something (best understanding). They said they would start an investigation, but as it was so long ago, they didn't think it would accomplish anything. Apparently, they aren't in as much need of blood as I thought. Keep in mind, I have no idea if the company is related to 'The Red Cross' or not.
@jamesmichaeljean7840
@jamesmichaeljean7840 Жыл бұрын
Are you vaccinated? 😢
@canyon5696
@canyon5696 Жыл бұрын
Tried to give blood in highschool to fulfill some ridiculous new community service requirement implementation mandatory to graduate. I had to give them my parents' number and email in case i passed out or something. That was 8 years ago and apparently they still call and email them asking for my blood to this day 😂
@joevsyou
@joevsyou Жыл бұрын
I gave blood once... never again due to the spam. This was maybe 2012? I bet they still call my old number till this day...
@joeybulford5266
@joeybulford5266 Жыл бұрын
They used to call me constantly too. I told them to take me off the list cause I can’t donate anymore since I donate plasma weekly. They actually pay you for plasma. Idk why they can’t reimburse you for blood.
@jamesmichaeljean7840
@jamesmichaeljean7840 Жыл бұрын
​@@joeybulford5266are you vaccinated?
@Sam-qr9th
@Sam-qr9th Жыл бұрын
That is so creepy! "Can we have more of your blood to make some dollars?"
@joeybulford5266
@joeybulford5266 Жыл бұрын
@@jamesmichaeljean7840 No
@arjunaadjinna
@arjunaadjinna Жыл бұрын
I once worked for a door to doot sales company. One of the products we sold was red cross donations. Read that statement again and wrap your mind around the implications. a SALES organization, paid commission, SOLD DONATIONS
@gio.orbit5498
@gio.orbit5498 Жыл бұрын
Thanks for saving me 12 minutes of total BS, these non profits are worse than for profits 🤮🤮
@hewhohasnoidentity4377
@hewhohasnoidentity4377 Жыл бұрын
​@@gio.orbit5498I recently heard a perfect explanation of non profits. They are allowed to charge for their services and make an unlimited amount of money. They just can't return that money to shareholders. It has to be spent or given to employees, meaning management.
@rafborrero
@rafborrero Жыл бұрын
I once volunteered for the Red Cross. Helped dozens of families whose homes burned down find shelter and get basic necessities - wrap your mind around that.
@britefeather
@britefeather Жыл бұрын
Marketing costs money.
@MyName-xl1lz
@MyName-xl1lz 5 ай бұрын
@@gio.orbit5498 I left the nonprofit world esp public health due to all the lies
@jetfire245
@jetfire245 Жыл бұрын
Heh, they don't want to tell you the cost they sell blood for because you'll start to wonder why the hell you give it for free.
@jameslevierge9480
@jameslevierge9480 11 ай бұрын
You do this to help people in need , nothing else!
@kineticstar
@kineticstar Жыл бұрын
I've always supported the red cross as when I was in the military they were always there with us trying to help when things were hard for military families. It hurts when I see the red cross get into scandals. I know that many of the people are there to help but it only takes a few to ruin an image build up over a century.
@AnonymousanonymousA
@AnonymousanonymousA Жыл бұрын
Why does a non profit charity have proprietary information on their profits?
@giglioflex
@giglioflex Жыл бұрын
By proprietary they mean information that if it should be disclosed would hurt their ability to price their products, in this case blood. The Red Cross likely gives wildly varying prices on blood based on multiple factors. If they were to disclose the price of blood that would force them to stick to that price. Hard to say whether that'd be a good or bad thing, it depends on if the Red Cross is giving poorer hospitals a break on blood pricing. If they are forced to a specific price it could means smaller towns not having access to blood.
@xiphoid2011
@xiphoid2011 Жыл бұрын
because that's normal, because they are still competing with other for-profit and non-profit organizations for the same market. Non-profit can go out of business just like a normal business.
@I-Teee
@I-Teee Жыл бұрын
Anyone, ANYONE, who looks at charity oversight, knows a 90/10 (90% to the cause, 10% operating expenses) is insanely efficient. Charities like Wounded Warriors are almost the opposite of that ratio.
@britefeather
@britefeather Жыл бұрын
If anything, 10% to operating expenses might be too little.
@Murf181
@Murf181 Жыл бұрын
It's not 10% to operating expenses. It's to overhead/administrative expenses
@rotatorcuffs8140
@rotatorcuffs8140 Жыл бұрын
Well assuming that's the real ratio and not fudging the numbers
@MyName-xl1lz
@MyName-xl1lz 5 ай бұрын
Umm I used to sit in Board of Directors for major FQHC clinic “nonprofit”… Guess what, it is never a 90/10 ratio like you described in majority nonprofits.. I left nonprofit jobs for all their corruption. I worked closely with c-suit, hr, accounting, & more. No thank you.
@jtgd
@jtgd Жыл бұрын
Can you do other non profits too?
@DJAlexParker
@DJAlexParker Жыл бұрын
Find it hard to support charities financially when their bosses get paid sometimes over £100,000 a year
@britefeather
@britefeather Жыл бұрын
Do you want lower quality bosses?
@jm2307
@jm2307 Жыл бұрын
Answer: collect 10-figure donations for Haitian Earthquake relief and subsequently build 12 houses
@ktammz
@ktammz Жыл бұрын
It is a criminal organization.
@akilahbrooklyn8236
@akilahbrooklyn8236 3 ай бұрын
Thank you. The Haitian community hasn't seen a penny from that organization. Red Cross....an organization of money laundering crooks.
@eastfamous21
@eastfamous21 11 ай бұрын
How do I sell my blood directly to the hospital?
@MyName-xl1lz
@MyName-xl1lz 5 ай бұрын
Probably find dirt on the hospital; blackmail & bribe them, & get them to make a deal with you. If all else fails, you release a recorded confession/scandal ✌🏼😳🤓
@emchammer1815
@emchammer1815 Жыл бұрын
Used to be a phlebotomist for ARC. They don't pay well and you have to travel to bloodmobiles getting very little in travel expenses. Never expected to be rich but raises were few and far between. Enjoyed the work though.
@j.frankparnell6195
@j.frankparnell6195 Жыл бұрын
Well first you pay the CEO $819,082 and then you pay the other executives all over $400,000. Then you have a non-profit.
@smorris281
@smorris281 Жыл бұрын
“Non-Profit”
@MyName-xl1lz
@MyName-xl1lz 5 ай бұрын
😅😂 I tried telling people..
@AndIwandermuch
@AndIwandermuch Жыл бұрын
A for-profit non-profit? Didn't they "make" a few billion dollars from that earthquake in Haiti a while ago?
@MyName-xl1lz
@MyName-xl1lz 5 ай бұрын
All the non profits are bigger liars than for profit. Nonprofit and Dems.. just another name for criminals that lie to everyone.
@amazinlynn3358
@amazinlynn3358 Жыл бұрын
You may be donating for free..but the cost of testing your donated product is not for free.
@DK-3000
@DK-3000 Жыл бұрын
NGOs might not be making direct profits like an investor would make but the profits are distributed as salaries
@MoniqueMarine-kt6pn
@MoniqueMarine-kt6pn Жыл бұрын
We donate but if we need blood, why do we have to pay for it. 😢😢😢
@anitagorse9204
@anitagorse9204 11 ай бұрын
Because healthcare in USA is for profit. Nobody pays for blood in Europe. Processing costs here are 89€ for 450 ml of whole blood. Insurance pays for everything.
@Nakkisampyla
@Nakkisampyla Жыл бұрын
Great business and possibilities to make lot of bucks without elbow grease
@8platypus
@8platypus Жыл бұрын
they are over charging us for handling the blood. its like charging someone $20 for a bottle of water.
@iam_joshua_bcxvii
@iam_joshua_bcxvii Жыл бұрын
I'd be so mad if they are selling those bloods for profit as I donated mine for free at least here in the Philippine Red Cross
@ShelvedBooks-lw9td
@ShelvedBooks-lw9td Жыл бұрын
A heart is valued at a million dollars.
@jamesmichaeljean7840
@jamesmichaeljean7840 Жыл бұрын
What if the heart has myocarditis from the vaccine? How much?
@Ultralivin
@Ultralivin Жыл бұрын
How much does the Red Cross spend on it`s branding, that`s the first chapter where some of the money could be going, branding isn`t cheap!
@HungryMeHungryYou
@HungryMeHungryYou Жыл бұрын
Try United Nations, UNHCR and maybe IRC ?
@mane111dssd7
@mane111dssd7 Жыл бұрын
With that money should help people in needed and the homeless too
@evanbutlin1
@evanbutlin1 Жыл бұрын
Hey CNBC... Nice shot of the Chinese hospital ship Daishan Dao at 1:09. That has nothing to do with the Red Cross and is just sloppy research.
@AKT0B0S
@AKT0B0S Жыл бұрын
This whole video basically said the Red Cross does a ton of good but has a few things they don’t share. I mean I get it but aren’t there way worse things to be looking into?
@hurrdurrmurrgurr
@hurrdurrmurrgurr Жыл бұрын
They collect crisis donations then build as little as they can get away with and all the blood you're donating, they sell at a massive markup. They're a parastic middleman which would be better replaced by people donating directly to the hospitals who need it and disaster relief would be better covered by government aid workers.
@crystal2484
@crystal2484 Жыл бұрын
there is no evidence, do u want them to be sued? But what Red Cross has done, there are too many working with them or needing their help have came out to tell us.
@bearcubdaycare
@bearcubdaycare Жыл бұрын
Except three houses in Haiti for billions donated, and lack of preparation for disasters according to audits, doesn't sound like doing a lot of good. 90% spent on "programs" is easy...the non profit sends you a fundraising letter saying what they do, and that's "education" (a program), with only a small portion counted as fundraising. It's why you get so many fundraising letters compared to what you donate. Murky, hidden finances are usually a really bad sign.
@andreware7638
@andreware7638 Жыл бұрын
I refuse to donate anything that can be sold, they will never get my blood for free. I stopped donating to salvation army after volunteering and seeing stuff walk out the door or be trashed because nobody is available to sort. I stopped selling my time for free to them too.
@conradsieber7883
@conradsieber7883 Жыл бұрын
Do blood donors know their blood is sold?
@smorris281
@smorris281 Жыл бұрын
Well, the cat’s out of the bag now!
@crybabylebongo
@crybabylebongo Жыл бұрын
no I never realized that. They said it was given to those in need. I didnt know they bought it
@WheelerRickRambles
@WheelerRickRambles Жыл бұрын
I wonder who sponsors/pays for ‘charity watch’? (…had employment…of which was an arms length to children’s charities in major US city… and simply say - one giant money grab scam…)
@shafihamurithara5496
@shafihamurithara5496 Жыл бұрын
Good effort taken by red cross 👍
@ninjanerdstudent6937
@ninjanerdstudent6937 Жыл бұрын
The Swiss flag.
@sshukla7975
@sshukla7975 Жыл бұрын
So its a CHARITY, works ALWAYS on volunteers, donations, donated work hours. however, regional dirctor are almost always at company paid retreat for half of the year. Ceo even paid themselves in millions. While the baseline blood worker et paid basic minimum wage or even nothing as they are volunteers. WOOOOOWWWW red cross!!
@Freenow-i6o
@Freenow-i6o Жыл бұрын
"Red Half moon"
@MultiGamingNetwork03
@MultiGamingNetwork03 9 ай бұрын
That's the Red Crescent. They're not the American Red Cross.
@TreshanaBryce472
@TreshanaBryce472 Жыл бұрын
I did CPR training at Red Cross.
@Bbbmurr
@Bbbmurr 7 ай бұрын
As someone whose town was destroyed by a ef3 tornado idk what i would have done without that 1 boiling hot bottle of water the red cross gave me while driving their big billboard around town
@aviatorsound914
@aviatorsound914 Жыл бұрын
Officially CPR certification is ran by the American heart Association.
@dkchen
@dkchen Жыл бұрын
Well ... let's be honest. They're probably significantly better at what the government could do.
@DavidSuarez-l6t
@DavidSuarez-l6t Жыл бұрын
Why should they be allowed to profit off of all who take the time to donate the blood, The RedCross should only run from what the government gives them and what donations that come in. If I am going to donate blood from now on I will contact my local hospitals and donate directly to rhem.
@MCorpReview
@MCorpReview Жыл бұрын
No scandals 😮😮😮😮?
@Lebowski098
@Lebowski098 Жыл бұрын
AyoTTolla be darned
@lastChang
@lastChang Жыл бұрын
"Goodwill" is not in any Chinese dictionary.
@jaybee1597
@jaybee1597 3 ай бұрын
The RC can not be trusted!
@Trolltastically
@Trolltastically Жыл бұрын
Why does this give PR vibes
@JayTee2985
@JayTee2985 Жыл бұрын
I was an American Red Cross lifeguard/CPR/swim instructor for many years. I let my instructor certifications lapse after I learned in 2017 how corrupt their non-profit organization is, and the CEO gets awarded thousands and thousands of dollars in salaries from people's donations. They utilized unpaid volunteers to save money. The money they save goes toward upper management and the CEO. ARC only spends 10 cents of every donated dollar toward disaster aid and operation costs. The other 90 cents go into somebody's pockets. Every sketchy organization.
@YohannaMananaG
@YohannaMananaG 2 ай бұрын
😢so we donate our blood and they sell the blood to hospitals? I feel ripped off 😢😢😢
@TruthRemainsTheTruth
@TruthRemainsTheTruth 2 күн бұрын
Who lost blood ?
@lykoszero
@lykoszero Жыл бұрын
Is that...the guy from Halo Followers?
@darinherrick9224
@darinherrick9224 Жыл бұрын
Your blood is a product. Sold at extreme markup. Often not needed but given anyway because it's a cash cow. Medical tech is actually held back because they have a product they need to keep selling. A lot of people die from diseases caused by blood contamination. A lot of surgical outcomes are worse because patient was given blood. But... got a product. Gotta sell it. Needed or not you're getting it.
@JLHCOBRA1965
@JLHCOBRA1965 Жыл бұрын
Why the world Red Cross don’t want to help the Jewish people?
@robwarraker2312
@robwarraker2312 9 ай бұрын
The Palestinian Authority pays terrorists and their families while they are in prison, and the Red Cross assists with the paperwork to secure these payments. Palestinian officials have openly stated the Red Cross’s role is crucial in helping prisoners receive funds.
@jamesmichaeljean7840
@jamesmichaeljean7840 Жыл бұрын
A modern day vampire. 😂
@doodskie999
@doodskie999 Жыл бұрын
This is such a shame. My grandfather got his blood from the redcross and saved his life. I was a supporter for them before. Now I dont even know
@MultiGamingNetwork03
@MultiGamingNetwork03 9 ай бұрын
Don't trust the mainstream media when it comes to information. They often get it very wrong.
@Qoonutz
@Qoonutz Жыл бұрын
Otherwise how does the organisation survives? Lol.
@crybabylebongo
@crybabylebongo Жыл бұрын
exactly how does a thief survive unless it steals?
@RDV369
@RDV369 Жыл бұрын
You know how much they pay to the people that manage it?
@MasihAmiriMosiAmir
@MasihAmiriMosiAmir Жыл бұрын
Help U.S.A Department Red cross Caritas in International
@willemvanriet7160
@willemvanriet7160 Жыл бұрын
If they're going to charge it has to be transparent and cost recovery only!
@zacharycampbell4425
@zacharycampbell4425 9 ай бұрын
Can you please donate scrubs and a uniform your restroom are fine!
@Chrisrider985
@Chrisrider985 Жыл бұрын
They are doing great work. Damn you for trying to soil their name!
@dk3hbsk7dnrr
@dk3hbsk7dnrr Жыл бұрын
Naive
@stevezelaznik5872
@stevezelaznik5872 Жыл бұрын
Have you heard how they spent their money in Haiti? IIRC it was $500 million to build six homes. It’s the type of scam kleptocrats don’t even dream of.
@borisquince6302
@borisquince6302 Жыл бұрын
Are they doing great work? Sure they are. Could they do better? Certainly.The two can go hand in hand
@AnonymousanonymousA
@AnonymousanonymousA Жыл бұрын
And aren't there interestingly 3 separate red cross agencies lol and why does their flag look like the Swiss flag and knights Templar flag?
@doujinflip
@doujinflip Жыл бұрын
It's deliberately a counterchanged flag of Switzerland
@mashum23
@mashum23 Жыл бұрын
Bcz It’s America 😅
@AndrewAcabu
@AndrewAcabu Жыл бұрын
Same in the Philippines.....but God is watching their actions....
@krisb-travel
@krisb-travel Жыл бұрын
Yup I think they’re using ph to funnel funds and launder money.
@raidenneo9370
@raidenneo9370 Жыл бұрын
Ask peter family guy if you want answers.
@chafouaube985
@chafouaube985 Жыл бұрын
Your Red Cross have to much power.
@jamesallen4368
@jamesallen4368 Жыл бұрын
Alot of that is haiti's money
@matteo784
@matteo784 Жыл бұрын
36 seconds ago well
@ktjomeyers
@ktjomeyers Жыл бұрын
Why would we want MORE government oversight when the government can't even take care of themselves?!?!?
@229_sing
@229_sing Жыл бұрын
台灣的紅十字會總會 秘書 陳長文 大律師 該會至今早已不知去向 😭 😭 😭 我來自台灣 Taiwan.
@momo_237
@momo_237 Жыл бұрын
❤⛑️🇨🇲
@JoVeda_xo
@JoVeda_xo Жыл бұрын
what they need to do is make blood in a lab naturally instead of transferring from other bodies because that is sicko.
@smorris281
@smorris281 Жыл бұрын
You obviously don’t have a medical or biomedical degree, so I’ll give you a pass on that comment. You know not what you type. Short of making blood in a lab, there was a synthetic blood-like substitute that was white in color that could be used when there was a lack of whole blood or blood plasma. Not sure if they are still using it, or if it was just a clinical trial.
@cazpk6840
@cazpk6840 Жыл бұрын
Instead of bashing hamas you are bad mouthing red cross staff who have helped to get hostages from these monsters while risking their own lives.
@BonganiforexThetrader
@BonganiforexThetrader Жыл бұрын
😊😊😊
@chicofresh4396
@chicofresh4396 Жыл бұрын
Thank God I never donated to Red Cross.
@Kevin_geekgineering
@Kevin_geekgineering Жыл бұрын
what do you expect red cross is a CORPORATION like others, all charities are. keep giving them money is like donating money (or blood) to jeff or elon.
@D.S216
@D.S216 Жыл бұрын
Shame on you 🇮🇱🇮🇱🇮🇱
@willemvanriet7160
@willemvanriet7160 Жыл бұрын
This is atrocious! People who donate blood almost surely in all case think their charity will be passed along, not sold for a profit!!
@lawrencecheung8641
@lawrencecheung8641 Жыл бұрын
the US government criticizing a nonprofit with some of the highest operating cost efficiencies for misusing funds and lacking transparency is peak irony. why don’t we dig into the $5 billion the pentagon “lost” fighting a war in Ukraine? which defense contractor pocket that?
@bill2066
@bill2066 Жыл бұрын
I was New Volunteer for the R.C. here in California, but they terminated me because I refused to agree to their PRONOUN policy. Oh, well. They Lost a good volunteer, and its their Loss. They'll begin regretting it, if not already because I know they are desperate for volunteers (like many organizations now). GO Woke and Go Broke.
@MultiGamingNetwork03
@MultiGamingNetwork03 9 ай бұрын
I'm a Volunteer and never got such policy. All I had to do was agree to a NDA about private victim information. So I truly believe you're blowing smoke.
@bill2066
@bill2066 9 ай бұрын
@@MultiGamingNetwork03 Hey Professor, this was during the "sensitivity training" thing (or whatever the bleep you wanna call it). Just go to the training modules on their national Website that EVERYONE NOW must take online. I believe you are blowing smoke back (Probably THC Smoke, too). Touche.'
@htvlogs80
@htvlogs80 Жыл бұрын
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