Stale politicians and rich, old billionaires are the only ones still investing in dirty fossil fuels! Let’s show them that clean energy is the only way to save our planet from their environmentally destructive practices!
Stale politicians and rich, old billionaires are the only ones still investing in dirty fossil fuels! Let’s show them that clean energy is the only way to save our planet from their environmentally destructive practices!
corporations, decline, Economy, Elite, federal budget deficit, Federal Reserve, income inequality, increase, inflation, job outsourcing, median income, mega-banks, middle class, Pew Research Center, Poor, profits, Quantitative Easing, Recession, stock market, Unemployment, United States, United States Census Bureau, Wealthiest
“From the end of the recession in 2009 through 2011 (the last year for which Census Bureau wealth data are available), the 8 million households in the U.S. with a net worth above $836,033 saw their aggregate wealth rise by an estimated $5.6 trillion, while the 111 million households with a net worth at or below that level saw their aggregate wealth decline by an estimated $600 billion.” Pew Research, “An Uneven Recovery, by Richard Fry and Paul Taylor.
Since the recession was officially declared to be over in June 2009, I have assured readers that there has been no recovery. Gerald Celente, John Williams (shadowstats.com), and no doubt others have also made it clear that the alleged recovery is an artifact of an understated inflation rate that produces an image of real economic growth.
Now comes the Pew Research Center with its conclusion that the recession ended only for the top 7 percent of households that have substantial holdings of stocks and bonds. The other 93% of the American population is still in recession. http://www.pewsocialtrends.org/2013/04/23/a-rise-in-wealth-for-the-wealthydeclines-for-the-lower-93/
The Pew report attributes the recovery for the affluent to the rise in the stock and bond markets, but does not say what caused these markets to rise.
The stock market’s recovery does not reflect rising consumer purchasing power and retail sales. The labor force is shrinking, not growing. Job growth lags population growth, and the few jobs that are created are primarily dead-end jobs in lowly paid domestic services. Retail sales adjusted for inflation and real median household income have been bottom bouncing since 2009.
To the extent that there is profit growth in US corporations, it comes from labor cost savings from offshoring US jobs and from bringing in foreign workers on work visas. By lowering labor costs, corporations boost profits and thereby capital gains for those 7 percent who have large holdings of financial assets. Those in the 93 percent who are displaced by foreign workers experience income reductions. This transfer of the incomes of the 93 percent to the 7 percent via jobs offshoring and work visas is the reason for the stark rise in US income inequality.
Another source of the stock market’s rise is the Federal Reserve’s policy of quantitative easing, that is, the printing of $1,000 billion dollars annually with which to support the too-big-to-fail banks’ balance sheets and to finance the federal budget deficit. The cash that the Fed is pouring into the banks is not finding its way into business and consumer loans, but the money is available for the banks to speculate in derivatives and stock market futures. Thus, the Fed’s policy, which is directed at keeping afloat a few oversized banks, also benefits the 7 percent by driving up the value of their stock portfolios.
The reason bond prices are so high that real interest rates are negative is that the Fed is purchasing $1,000 billion of mortgage-backed “securities” and US Treasury debt annually. The lower the Fed forces interest rates, the higher go bond prices. If you are among the 7 percent, the Fed has produced capital gains for your bond portfolio. But if you are a saver among the 93 percent, you are losing purchasing power because the interest you receive is less than the rate of inflation.
The Pew report puts it this way: Since the “recovery” that began in June 2009, wealthy households experienced a 28 percent rise in their net worth, while everyone else lost 4 percent of their assets.
Is this the profile of a democracy in which government serves the public interest, or is it the profile of a financial aristocracy that uses government to grind the population under foot?
America, Americans, Big Pharma, capitalism, CEOs, corruption, Economic inequality, Economy, Elite, fraud, GDP, Goldman Sachs, greed, Gross domestic product, inequality, Lehman Brothers, Medicare, mega-banks, mega-corporation, middle class, oligarchs, Payroll tax, plutocracy, Poor, power-hungry, Social Security, tax evasion, taxes, U.S, United States, Urban Institute, Wealthiest
If there’s any way capitalism can work, it has to be regulated. Otherwise greed takes over.
Too many Americans are unaware of the extreme disparities that have been caused by the unregulated profit incentive of capitalism. Our winner-take-all system is flailing away at once-healthy parts of society, leaving them like withered limbs on a trembling body, even as the relative few who benefit promote the illusion of opportunity and prosperity for all. Concerned citizens armed with facts are not fooled. Instead, the more they learn the angrier they get. And as in revolutions of the past, discontent leads to change.
Hacking Off the Poor Half of Society
Some wealthy and uninformed individuals have referred to the lowest-income 47% of Americans as the “takers,” who enjoy government benefits at the expense of the high-earning one percent. But their claim is meaningless. The total amount paid out in ‘welfare’ (Temporary Assistance for Needy Families) is less than the investment income of just three men in a single year.
The monthly TANF income for a family of four is less than what the average member of the Forbes Top 20 made in one second at the office.
The 47% don’t own stocks. They don’t own anything. The so-called ‘takers’ have ZERO wealth. The value of any assets owned by nearly half of the country is surpassed by their debt.
Slashing the Security of the Elderly
Recipients of ‘entitlements’ are accused by the uninformed of getting something for nothing. The opposite is true. According to the Urban Institute, the typical two-earner couple making average wages throughout their lifetimes will receive less in Social Security benefits than they paid in. Same for single males. Almost the same for single females.
Getting something for nothing? Yes, the rich are. Tax expenditures, which are deductions and exemptions that primarily benefit the highest-earning individuals, cost about 8% of the GDP, the same percentage that goes to Social Security and Medicare.
Slicing Up Justice
In the last few months American citizens, some of them children, have been arrested for:
· Looking for Indian arrowheads on federal land.
· Throwing peanuts on the school bus.
· Lying about a home address to get the kids into a better school.
· Sitting on a milk crate.
Meanwhile, not a single banker was arrested for these actions:
Severing the Head from the Global Body
If you could gather together the world’s 200 richest individuals, ask each one his or her net worth, get the actual numbers from Forbes, and then add it all up, the total would be more than the total wealth of half the population of the world, 3.5 billion people.
The U.S. is one of the greatest contributors to this shameful disparity. It’s no coincidence that we’re both the third least taxed developed country and the fourth highest in wealth inequality among all nations. It’s also no surprise, with so little revenue going to the general public, that our country is the fourth worst in the overall well-being of its children.
Castrating the Taxman
Corporations have doubled their profits and cut their taxes in half in ten years. The burden of taxes, which Oliver Wendell Holmes called the price of a “civilized society,” has been shifted to workers. For every dollar of employee payroll tax paid in the 1950s corporations paid three dollars. Now it’s 22 cents.
Globalization has allowed U.S. corporations to stop paying for national defense and infrastructure and all the benefits of the U.S. legal and educational systems. All of the following companies had sizable U.S. revenues, but they claimed losses here while declaring billions of dollars of profits overseas.
· Bank of America, with 82% of its revenue in the U.S., declared $7 billion in U.S. losses and $10 billion in foreign profits.
· Citigroup, with 42% of its revenue in North America (almost all U.S.), declared a $5 billion U.S. loss and a $28 billion foreign profit.
· Pfizer, with 40% of its revenues in the U.S., declared almost $7 billion in U.S. losses to go along with $31 billion in foreign profits.
· Abbott Labs, with 42% of its sales in the U.S., declared a $256 million U.S. loss and $12 billion in foreign profits.
· Dow Chemical, with 32% of its sales in the U.S., declared a $15 million U.S. loss against foreign profits of over $5 billion.
If there’s any way capitalism can work, it has to be regulated. Otherwise greed takes over. Blind greed. The sneering head at the top of the body watches limbs being chopped off, but it doesn’t seem to recognize that we’re all bleeding to death.
Americans, David Cay Johnston, decline, Economic inequality, increase, inequality, inflation, Johnston, median income, middle class, Percentage, Poor, Pulitzer Prize, shrinking, Tax Analysts, U.S, United States, wages, Wealthiest
Pulitzer Prize-winner David Cay Johnston has highlighted yet more statistics that illuminate the spike in income inequality in the U.S. in recent decades. Flagging Johnston’s analysis, HuffPo noted Monday, “Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011 (when you adjust those incomes for inflation)… During the same period, the average income for the top 10 percent of Americans rose by $116,071.”
Johnston offered a visual analogy for the disparity in a column for Tax Analysts last month:
The vast majority averaged a mere $59 more in 2011 than in 1966. For the top 10 percent, by the same measures, average income rose by $116,071 to $254,864, an increase of 84 percent over 1966.
Plot those numbers on a chart, with one inch for $59, and the top 10 percent’s line would extend more than 163 feet.
Now compare the vast majority’s $59 with the top 1 percent, and that line extends for 884 feet. The top 1 percent of the top 1 percent, whose 2011 average income of $23.7 million was $18.4 million more per taxpayer than in 1966, would require a line nearly five miles long.
1913, American, Americans, banks, Beppe Grillo, bonds, Debt, debt spiral, earth, Education, Elite, Elitists, failure, Federal Reserve, Federal Reserve System, global, Global Dominance, inflation, Interest, Italy, mega-banks, middle class, monopoly, national debt, planet, politicians, Poor, private, scam, scheme, Tax Dollars, taxpayers, treasury, U.S, U.S Treasury, U.S. debt, U.S. Economy, U.S. Government, United States, United States Department of the Treasury, United States Treasury security, Washington D.C., Wealthiest
During fiscal year 2012, $359,796,008,919.49 that had been forcibly extracted from American taxpayers was transferred into other hands. Most of it ended up in the pockets of the global elite. So what did the American people get in return for that 359 billion dollars? Nothing at all. No roads were built, no schools were constructed, no teachers were paid and none of it went to national defense. It was simply interest that was owed on the national debt, and most of it just made the ultra-wealthy even wealthier. But this is exactly what the Federal Reserve system was designed to do when it was created back in 1913. It was designed to get the U.S. government trapped in an endless spiral of debt that would systematically drain the wealth of the American people and transfer it to the ultra-wealthy and the international bankers.
When most people think of a “wealth redistribution scheme”, they think of a government raising taxes in order to give money to poor people. But the Federal Reserve system works in reverse. Money is taken from all of us and it is redistributed to the global elite. That is why a federal income tax was instituted the exact same year that the Federal Reserve was. Money is extracted from all of us through taxation, and then it is transferred from the federal government to the ultra-wealthy through debt payments.
So what role does the Federal Reserve system play in all of this?
Many critics of the Fed focus on how much money the Fed makes each year, but that is a mistake. The truth is that the Fed returns the vast majority of the money that it makes to the U.S. Treasury. The Fed is not a money making machine itself. Rather, it is a system that enables others to make hundreds of billions of dollars each year.
I think that it is easiest to think of the Fed as a “middle man” between the U.S. government and the global elite. It was designed by the international bankers for the benefit of the international bankers. The entire goal of the Federal Reserve system is to make the ultra-wealthy even wealthier.
The Fed is a privately-owned banking cartel that has a monopoly over money creation in the United States. Nobody else, including the U.S. government, can print money. So those that claim that “the U.S. government can print money” are just dead wrong.
When the U.S. government wants to spend more money than it has, it asks the Fed to make some more money. The Fed then creates money out of thin air that did not previously exist. Normally this money is not even printed up. It is just entered into a computer.
In return for the new money, the U.S. government gives the Federal Reserve some U.S. Treasury bonds. In essence, U.S. Treasury bonds are promises to pay back money. But the U.S. government always agrees to pay back more money than it receives. So a larger amount of debt is created than the amount of new money that is created.
When the Federal Reserve receives those U.S. Treasury bonds, most of the time they take them and auction them off to interested buyers. This is how they get into the hands of the ultra-wealthy and the international bankers.
So how is the U.S. government ever supposed to pay back all that debt if the amount of new debt being created is always larger than the amount of new money that is being created?
Well, the theory is that the money will be able circulate through the U.S. economy really fast and that the federal government will be able to tax it enough times and at a high enough rate to be able to pay off the debt plus the interest.
But that never seems to work out, does it?
Instead, the federal government always finds that it can’t fund government activities and pay off the debt at the same time, so they always come back to borrow more. That is why it is called a debt spiral.
So the debt just keeps getting larger and larger. Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created.
And as the debt keeps getting larger and larger, so does the money supply. And that is why we have such a problem with inflation. Since the Federal Reserve was first created, the U.S. dollar has lost more than 96 percent of its value.
But the global elite are not just doing this in the United States. They have established similar systems in almost every nation on earth.
So every year, gigantic mountains of money are transferred from taxpayers all over the globe into their pockets.
And that is the primary reason why they have so much money.
It has been estimated that the global elite have up to 32 TRILLION dollars stashed in offshore banks around the planet.
And that is just the money that we know about.
Are you starting to understand why people are so upset about this stuff?
Fortunately, people all over the world are starting to wake up to this massive wealth redistribution scheme.
The creation of money should belong to the people – not to the global elite.
“Whom does the money belong to? Who does its ownership belong to? To the State fine…then to us, we are the State. You know that the State doesn’t exist, it is only a legal entity. WE are the state, then the money is ours…fine. Then let me know one thing. If the money belongs to us…Why…do they lend it to us??”
Doesn’t that make sense?
If the currency of a nation belongs to the people of a nation, then why do we let the elite create our money out of thin air and lend it back to us?
Why do we continue to use a debt-based currency system that is making the global elite far wealthier at the expense of all the rest of us?
For much more on how the Federal Reserve works, please see my previous article entitled “10 Things That Every American Should Know About The Federal Reserve“.
Please share this article with as many people as you can. I have tried to simplify things as much as possible in this article so that even people that have been through the dumbed-down public education system in the United States should be able to understand it.
So what do you think about the Federal Reserve?
Are you angry that hundreds of billions of dollars are being transferred from U.S. taxpayers to the global elite every single year?
Are you disgusted that money that is created out of thin air by the Federal Reserve is being used to bankrupt our nation and enslave future generations of Americans to trillions of dollars of debt?
Michael T. Snyder is a graduate of the McIntire School of Commerce at the University of Virginia and has a law degree and an LLM from the University of Florida Law School. He is an attorney that has worked for some of the largest and most prominent law firms in Washington D.C. and who now spends his time researching and writing and trying to wake the American people up. You can follow his work on The Economic Collapse blog, End of the American Dream and The Truth Wins.
2014, America, Americans, Appalling, Bankrupt, Bankruptcy, Big Pharma, Billionaires, Care, catastrophic, CEOs, collapse, Congress, Costly, Crisis, Death, decline, devastating, Doctors, fraud, fraudulent, greed, Health Care, Health Care System, House of Representatives, hurt, legislators, life expectancy, lifespan, middle class, millionaires, money, most, Obama, Obamacare, over-priced, overhaul, pharmaceutical companies, Poor, Poorest, profits, record, Rich, scam, Senate, spending, U.S., U.S. citizens, U.S.A., United States, Unnecessary, Wealthiest
#1 Medical bills have become so ridiculously large that virtually nobody can afford them. Just check out the following short excerpt from a recent Time Magazine article. One man in California that had been diagnosed with cancer ran up nearly a million dollars in hospital bills before he died…
By the time Steven D. died at his home in Northern California the following November, he had lived for an additional 11 months. And Alice had collected bills totaling $902,452. The family’s first bill — for $348,000 — which arrived when Steven got home from the Seton Medical Center in Daly City, Calif., was full of all the usual chargemaster profit grabs: $18 each for 88 diabetes-test strips that Amazon sells in boxes of 50 for $27.85; $24 each for 19 niacin pills that are sold in drugstores for about a nickel apiece. There were also four boxes of sterile gauze pads for $77 each. None of that was considered part of what was provided in return for Seton’s facility charge for the intensive-care unit for two days at $13,225 a day, 12 days in the critical unit at $7,315 a day and one day in a standard room (all of which totaled $120,116 over 15 days). There was also $20,886 for CT scans and $24,251 for lab work.
#3 The United States spends more on health care than Japan, Germany, France, China, the U.K., Italy, Canada, Brazil, Spain and Australia combined.
#4 If the U.S. health care system was a country, it would be the 6th largest economy on the entire planet.
#6 Why does it cost so much to stay in a hospital today? It just does not make sense. Just check out these numbers…
In 1942, Christ Hospital, NJ charged $7 per day for a maternity room. Today it’s $1,360.
#7 Approximately 60 percent of all personal bankruptcies in the United States are related to medical bills.
#8 One study discovered that approximately 41 percent of all working age Americans either have medical bill problems or are currently paying off medical debt.
#9 The U.S. health care industry has spent more than 5 billion dollarson lobbying our politicians in Washington D.C. since 1998.
#10 According to the Association of American Medical Colleges, the U.S. is currently experiencing a shortage of at least 13,000 doctors. Unfortunately, that shortage is expected to grow to 130,000 doctorsover the next 10 years.
#11 The state of Florida is already dealing with a very serious shortage of doctors…
Brace yourself for longer lines at the doctor’s office.
Whether you’re employed and insured, elderly and on Medicare, or poor and covered by Medicaid, the Florida Medical Association says there’s a growing shortage of doctors — especially specialists — available to provide you with medical care.
And if the Florida Legislature goes along with Gov. Rick Scott’s recommendation to offer Medicaid coverage to an additional 1 million Floridians — part of the Affordable Care Act that takes effect next January — the FMA says that shortage will only get worse.
#12 At this point, approximately 40 percent of all doctors in the United States are 55 years of age or older.
#13 In America today, many hospital executives make absolutely ridiculous amounts of money…
In December, when the New York Times ran a story about how a deficit deal might threaten hospital payments, Steven Safyer, chief executive of Montefiore Medical Center, a large nonprofit hospital system in the Bronx, complained, “There is no such thing as a cut to a provider that isn’t a cut to a beneficiary … This is not crying wolf.”
Actually, Safyer seems to be crying wolf to the tune of about $196.8 million, according to the hospital’s latest publicly available tax return. That was his hospital’s operating profit, according to its 2010 return. With $2.586 billion in revenue — of which 99.4% came from patient bills and 0.6% from fundraising events and other charitable contributions — Safyer’s business is more than six times as large as that of the Bronx’s most famous enterprise, the New York Yankees. Surely, without cutting services to beneficiaries, Safyer could cut what have to be some of the Bronx’s better non-Yankee salaries: his own, which was $4,065,000, or those of his chief financial officer ($3,243,000), his executive vice president ($2,220,000) or the head of his dental department ($1,798,000).
#14 Health insurance administration expenses account for 8 percent of all health care costs in the United States each year. In Finland, health insurance administration expenses account for just 2 percent of all health care costs each year.
#15 If you can believe it, the U.S. ambulance industry makes more money each year than the movie industry does.
#16 All over America, people are reporting huge health insurance premium increases thanks to Obamacare. The following example is from a recent article by Robert Wenzel…
A California small businessman tells me that he switched healthcare insurance carriers in 2012. The monthly premium for him and his wife was about $400, but when he received his first bill in January of this year it was for $1,200. He hasn’t been to a doctor in years, his wife has only gone for minor care.
Apparently there is some clause in the Affordable Healthcare Act that results in health insurance firms using a new method to calculate premiums. Those who have health insurance plans that have been in effect since at least 2010 are grandfathered under the old calculation method, but insurance carriers are using a new formula for new plans.
#17 Blue Shield of California has announced that it wants to raise health insurance premiums by up to 20 percent this year in an effort to keep up with rising health costs.
#18 Aetna’s CEO says that health insurance premiums for many Americans will double when the major provisions of Obamacare go into effect in 2014.
#19 Close to 10 percent of all U.S. employers plan to drop health coverage completely when the major provisions of Obamacare go into effect in 2014.
#20 According to a survey conducted by the Doctor Patient Medical Association, 83 percent of all doctors in the United States have considered leaving the profession because of Obamacare.
#21 Approximately 16,000 new IRS agents will be hired to help oversee the implementation of Obamacare, and the Obama administration has given the IRS 500 million extra dollars “outside the normal appropriations process” to help the IRS with their new duties.
#22 During 2013, Americans will spend more than 280 billion dollarson prescription drugs.
#23 Prescription drugs cost about 50% more in the United States than they do in other countries.
#24 In the United States today, prescription painkillers kill more Americans than heroin and cocaine combined.
#25 Nearly half of all Americans now use prescription drugs on a regular basis according to the CDC. Not only that, the CDC also says that approximately one-third of all Americans use two or more pharmaceutical drugs on a regular basis, and more than ten percent of all Americans use five or more pharmaceutical drugs on a regular basis.
#26 The percentage of women taking antidepressants in America is higher than in any other country in the world.
#27 In 2010, the average teen in the U.S. was taking 1.2 central nervous system drugs. Those are the kinds of drugs which treat conditions such as ADHD and depression.
#28 Children in the United States are three times more likely to be prescribed antidepressants as children in Europe are.
#29 There were more than two dozen pharmaceutical companiesthat made over a billion dollars in profits during 2008.
#30 According to the CDC, approximately three quarters of a million people a year are rushed to emergency rooms in the United States because of adverse reactions to pharmaceutical drugs.
#31 According to a report by Health Care for America Now, America’s five biggest for-profit health insurance companies ended 2009 with a combined profit of $12.2 billion.
#32 The top executives at the five largest for-profit health insurance companies in the United States combined to bring in nearly $200 million in total compensation for 2009.
#33 The chairman of Aetna, the third largest health insurance company in the United States, brought in a staggering $68.7 million during 2010. Ron Williams exercised stock options that were worth approximately $50.3 million and he raked in an additional $18.4 million in wages and other forms of compensation. The funny thing is that he left the company and didn’t even work the entire year.
#34 It turns out that the financial assistance that Barack Obama promised would be provided for those with “pre-existing conditions” under Obamacare is already being shut down because of a lack of funding…
Tens of thousands of Americans who cannot get health insurance because of preexisting medical problems will be blocked from a program designed to help them because funding is running low.
Obama administration officials said Friday that the state-based “high-risk pools” set up under the 2010 health-care law will be closed to new applicants as soon as Saturday and no later than March 2, depending on the state.
#35 In America today, you are 64 times more likely to be killed by a doctor than you are by a gun.
#36 People living in the United States are three times more likely to have diabetes than people living in the United Kingdom.
#37 Today, people living in Puerto Rico have a greater life expectancy than people living in the United States do.
#38 According to OECD statistics, Americans are twice as obese as Canadians are.
#39 Greece has twice as many hospital beds per person as the United States does.
#40 The state of California now ranks dead last out of all 50 states in the number of emergency rooms per million people.
#41 According to a doctor interviewed by Fox News, “a gunshot wound to the head, chest or abdomen” will cost $13,000 at his hospital the moment the victim comes in the door, and then there will be significant additional charges depending on how bad the wound is.
#42 It has been estimated that hospitals overcharge Americans by about 10 billion dollars every single year.
#43 One trained medical billing advocate says that over 90 percent of the medical bills that she has audited contain “gross overcharges“.
#44 It is not uncommon for insurance companies to get hospitals to knock their bills down by up to 95 percent, but if you are uninsured or you don’t know how the system works then you are out of luck.
#45 According to a study conducted by Deloitte Consulting, a whopping875,000 Americans were “medical tourists” in 2010.
#46 Today, there are more than 56 million Americans on Medicaid, and it is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
#47 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid.
#48 Today, there are more than 50 million Americans on Medicare, and that number is projected to grow to 73.2 million in 2025.
#49 When Medicare was first established by Congress, it was estimated that it would cost the federal government $12 billion a year by the time 1990 rolled around. Instead, it cost the federal government $110 billionin 1990, and it will cost the federal government close to $600 billion this year.
#50 Even if you do have health insurance, that is no guarantee that medical bills will not bankrupt you. Just check out what a recent Time Magazine article says happened to one unfortunate couple from Ohio that actually did have health insurance…
When Sean Recchi, a 42-year-old from Lancaster, Ohio, was told last March that he had non-Hodgkin’s lymphoma, his wife Stephanie knew she had to get him to MD Anderson Cancer Center in Houston. Stephanie’s father had been treated there 10 years earlier, and she and her family credited the doctors and nurses at MD Anderson with extending his life by at least eight years.
Because Stephanie and her husband had recently started their own small technology business, they were unable to buy comprehensive health insurance. For $469 a month, or about 20% of their income, they had been able to get only a policy that covered just $2,000 per day of any hospital costs. “We don’t take that kind of discount insurance,” said the woman at MD Anderson when Stephanie called to make an appointment for Sean.
Stephanie was then told by a billing clerk that the estimated cost of Sean’s visit — just to be examined for six days so a treatment plan could be devised — would be $48,900, due in advance.
By the way, that hospital down in Houston made a profit of 531 million dollars in one recent year.
So what can be done about all of this?
Well, the truth is that the status quo is a complete and total disaster, and every “solution” being promoted by politicians from both major political parties would only make things worse.
In the end, the U.S. health care system needs to be rebuilt from the ground up, but we all know that is not going to happen.
Instead, our politicians and the health care industry will just find additional ways to extract money from all of us, and the level of care that we all get will continue to decline.
If you don’t believe this, just check out what Paul Krugman of the New York Times had to say recently…
We’re going to need more revenue…Surely it will require some sort of middle class taxes as well.. We won’t be able to pay for the kind of government the society will want without some increase in taxes… on the middle class, maybe a value added tax…And we’re also going to have to make decisions about health care, doc pay for health care that has no demonstrated medical benefits . So the snarky version…which I shouldn’t even say because it will get me in trouble is death panels and sales taxes is how we do this.
Others are urging us to become more like Europe.
But do we really want what they have in the UK?…
Sick children are being discharged from NHS hospitals to die at home or in hospices on controversial ‘death pathways’.
Until now, end of life regime the Liverpool Care Pathway was thought to have involved only elderly and terminally-ill adults.
But the Mail can reveal the practice of withdrawing food and fluid by tube is being used on young patients as well as severely disabled newborn babies.
One doctor has admitted starving and dehydrating ten babies to death in the neonatal unit of one hospital alone.
Writing in a leading medical journal, the physician revealed the process can take an average of ten days during which a baby becomes ‘smaller and shrunken’.
In the end, my philosophy is just to avoid the U.S. health care system as much as possible. Most doctors are just trained to do two things – prescribe drugs and cut you open. In an emergency situation where you are about to die, those may be your best options, but otherwise I would just as soon avoid the gigantic money making scam that the U.S. health care industry has become.
But just don’t take my word for it. The following is some very sound advice from Dr. Robert S. Dotson…
Avoid contact with the existing health care system as far as possible. Yes, emergencies arise that require the help of physicians, but by and large one can learn to care for one’s own minor issues. Though it is flawed, the internet has been an information leveler for the masses and permits each person to be his or her own physician to a large degree. Take advantage of it! Educate yourself about your own body and learn to fuel and maintain it as you would an expensive auto or a pet poodle. One does not need a medical degree to:
1. avoid excessive use of tobacco or alcohol or, for that matter, caffeine;
2. avoid poisons like fluoride, aspartame, high fructose corn syrup, and addictive drugs (legal or illicit);
3. avoid unnecessary and potentially lethal imaging studies (TSA’s radiation pornbooths, excessive mammography, repetitive CT scans – exposure to all significantly increases cancer risk);
4. avoid excessive cell phone use and exposure to other forms of EMR pollution where possible (the NSA is recording everything you say and text anyway);
5. avoid daily fast food use and abuse (remember: pink slime and silicone) ;
6. avoid untested GM foods (do you really want to become “Roundup Ready?”):
7. avoid most vaccinations and pharmaceutical agents promoted by the establishment;
8. avoid risky behaviors (and, we do not need a bunch of Nanny State bureaucrats to define and police these);
9. exercise moderately;
10. get plenty of sleep;
11. drink plenty of good quality water (buy a decent water filter to remove fluoride, chloride, and heavy metals);
12. wear protective gear at work and play where appropriate (helmets, eye-shields, knee and elbow pads, etc.):
13. seek out locally-grown, whole, organic foods and support your local food producers;
14. take appropriate nutritional supplements (multi-vitamins, Vitamin C, Vitamin D3);
15. switch off the TV and the mainstream media it represents;
16. educate yourself while you can;
17. QUESTION AUTHORITY!
Doing these simple, common-sense things will add healthy years to a person’s life and help one avoid most medical encounters during his or her allotted time on earth.
So what do you think?
Do you believe that the U.S. health care system is a gigantic money making scam that is about to collapse?