Atkins Declares Bankruptcy in August 2005

Young Again.org

Atkins Declares Bankruptcy in August 2005

- Roger Mason

Robert Atkins fell over dead last year at only 72 years of age from chronic heart disease by following his own deadly advice. His books on diet were record breaking best sellers. Atkins Nutritionals Inc. of NY declared bankruptcy on August 1, 2005 after losing $340 million in 2004. They currently OWE over $300 million in interest and principal. Folks, that’s close to a billion dollars down the toilet. They made a futile, final, and very expensive last gasp attempt at the huge Natural Products Expo West show this March in Anaheim. The crowds ignored them. You see Atkins products and low carb products in the “dollar stores” and distress liquidation merchandise stores (Big Lots, etc.) now because people were getting sick by hogging down all that grease, fat, meat, pork chops, butter, eggs and dairy foods, as well as that horrible chemical aberration sucralose.

This column for years exposed the insanity of this Guaranteed Road to Cancer and predicted they would go broke this year, as they were failing badly last year.

While they are almost a third of a billion dollars in debt, his widow Veronica, age 57, is reported to be worth about $500 million dollars! She’s a Russian immigrant who came from poverty. This means the people they owe money to will be cheated out of what is due them, while Veronica parties on a half billion dollars. She has a $7 million dollar Palm Beach condo, a $17 million dollar Long Island mansion and another mansion in Palm Beach. She says, “We were wealthy, yes, but not opulent, never showy.” Having over $30 million dollars in homes is not opulent or showy? The shame is that this money was legally transferred to her and their lawyers made sure she was never a part of Atkins Nutritionals. She now runs the “philanthropic” Atkins Foundation which is supposedly dedicated to ending obesity and diabetes by advocating eating all the meat, eggs, poultry, and dairy products you can stuff down your throat and then swilling sucralose to follow it up. But don’t eat any of those awful whole grains!

This is a true story folks. We met a couple name Tom and Carol on our last cruise. Tom is dying of stomach cancer and has about six months to live. He had 90% of his stomach removed and half of his esophagus, so he can only eat very small amounts of food. He is in constant pain, wears a time release fentanyl (the strongest narcotic on earth) patch, takes large doses of morphine, and carries around a bottle of high strength Oxycontin® for breakthrough pain. He says the pain, “increases exponentially” and gets worse all the time. Tom is only 44, by the way, and will never see his 45th birthday. Carol had a hysterectomy last year and is on eight (!) different prescription drugs including Prozac. She is now hopelessly diabetic. Carol is only 42. She’ll never see 50.

We watched while Tom ate little bites of rib eye steak and little bites of broccoli. Carol ate a 12 ounce rib eye and some salad with a creamy dressing. All they eat is meat, more meat, poultry, eggs, dairy products, vegetables, and sucralose sweetened desserts. About five years ago Tom and Carol read a book by Robert Atkins and thought he was an absolute genius. Being Texans, the idea of eating all the meat they wanted sounded just great. For the last five years they have been eating all the steak, roast beef, cheeseburgers, pork loin, bacon, eggs, hot dogs, milk, cheese, butter, cream, pork chops, fried chicken, sausage, lamb chops, and other saturated fats their little fat clogged hearts desired. Tom gave himself cancer and Carol gave herself diabetes with this ketogenic insanity. They stopped eating all bread, rice, pasta, oatmeal, breakfast cereal and other grains. They eat no fruit at all.

To their credit they stopped eating any hydrogenated fats and sugars. They stopped eating pies, cakes, cookies, ice cream and desserts in general. However they use sucralose regularly instead of sugar and buy Atkins “Indulgence” ice cream sweetened with sucralose. (If you think this is a safe alternative to sugar, please read “Splenda Is Not Splendid” in our free library). Tom said, “I knew I was eating well because we were on the Atkins diet and ate nothing but meat and vegetables. So I know my diet had nothing to do with getting cancer.”

Atkins may be long gone, but his deadly legacy lives on.