09/10. The public health care addition will not cost a penny more than the current system and here is why...
1) The 40 million or so uninsured are not dying nor sick at any higher rate than all the insured people.
2) The uninsured get their health care already. They either abuse it (this is an absolute minority) or as we know most do by paying as they go.
3) The vast majority or perhaps even all 40 million of the uninsured have knowingly elected this route: they pay as they go. They save $12k to 15k a year in premiums one way or the other. These annual premiums grow quickly to a cash cushion that can take care of any health problems they and their families may have on the road.
4) in case of a major HEALTH PROBLEM, like a heart surgery India, Thailand, and others offer the whole service for US$ 20 -US$ 30k, a fraction of the cost done by the doctors that are equally qualified and some are even educated in the best universities in the USA.
5) In case of cancer one can get a proper treatment e.g. in Germany for about US$ 10k. President Reagan went reportedly to Germany to remove the cancer in secrecy over there. This system is effective with about 100% success rate. And our health care system does not even want to hear of it!
6) To summarize the health care expense for the USA already include these 40 million uninsured one way or the other.
The Congressional Budget Office should come clear with real facts - not the bogus numbers that the health care industry is providing to them. These numbers do not add up with the above facts 1-5 here on the ground.
When the new system is finally implemented 70% of the people may elect the public option - this has happened in all other countries. To remedy the "angst" you could make a sliding transfer into public system lasting 6 years for the insurance companies. They all will shrink but survive as profitable entities as they know the real facts.
How to implement a sliding transfer? Simple, during the first year those electing transfer to public system must use a fixed 2 months the public system and the remaining 10 months their current system, during the second year this would grow to 4 fixed months of public, etc...
Galactic Digest
PS. Without the public option your health care reform is totally worthless.
09/09. The Swedish "Aftonbladet" printed a chilling story about Israel's organ harvesting policy in Palestine
Israel's prime minister Mr. Netanyahy called the prime minister of Sweden to get these reports of organ harvesting (one picture below) out from the Swedish press. The prime minister of Sweden reportedly replied flatly that the Swedish Government will not censor their press. If the reporters have a story that is important for the peoples in the North their job is to bring it up and print it.
This is a wider issue as all the Nordic peoples, not only the Swedes, are slowly getting fed up with all the dishonesty the current leadership of the Israel is showing and how the Palestinians at large are treated. What has been discovered so far indicate that the treatment of the Palestinians may actually already be even worse compared to what the Jews at large had to suffer in Germany.
Israel is a Nation that we, the members of the UN, created by offering them access to a land under clear directives and agreement with the Israeli leadership at the time that the Nation of Israel will compensate the Palestinians fairly from everything. This fairness has yet to be seen.
09/08. Mr. Birkenfeld from UBS gets to jail and for what purpose?
For the IRS Mr. Birkenfeld became a "hero" by helping it to crack the case of foreign accounts in the UBS bank. Why does the USA want him to jail? Of course it is a crime to help someone to avoid taxes. It did not help at all that without Mr. Birkenfeld IRS would have been totally helpless, he had been participating and that was a crime. For the Swiss his jailing is more understandable as he actually betrayed the country by perhaps causing permanent damage to it's income potential as a global investment hub.
Switzerland is not the only country in the World that allows people to walk in with cash and open a bank account, e.g. the US does the same, no questions asked.
However, this case is not that simple. Switzerland allows you to invest this cash anywhere in the world in any currency or whatever is traded anywhere. The USA does not allow this nor does it's banks have this kind of capabilities. This capability is what the USA wants to destroy - only the few billion dollars of this all may ever be taxable in the USA. The owners may not have known that they must pay taxes also in the USA even if they all have paid the taxes in the Switzerland already for every Franck of income they have received.
The funniest part here is that the Swiss dividend and other capital income taxes are actually much higher than those in the USA and with double taxation treaties it may end up that the IRS will actually lose money with this hoopla that they started.
Whatever is told in the news may be true but is not the real truth in this Matter. This all is a huge smoke screen.
What have we in the USA won so far with this?
Yesterday it was reported (FT) that totally 3 people so far have come clean in the US telling that they have been evading taxes and one more has been arrested. The catch so far is a total of four individuals.
The total assets of these "law breaking" US criminal citizens in Switzerland is estimated to be up to US$ 5 billion. Assuming that this US$ 5 billion has earned 10% a year we have a taxable income of US$ 500 million a year. The average tax rate for the wealthy Americans is around 20% according to IRS statistics. So we are talking here of US$ 100 million in taxes.
Here ifs the joke part of it all. The Swiss tax authorities have already deducted 35% from this income or $175 million. The IRS actually owes $75 million in foreign tax credits to these tax payers in the USA. How the countries settle the matter between them is stipulated in the treaties but at the end these US tax payers at 20% tax bracket do not owe more than $100 million in taxes.
It would have been much cheaper for all of us if the Congress would have stopped this case immediately when it came public. However, they did nothing. This points that the taxes or tax cheating is not the issue here. It makes no sense not to declare this or any other foreign investment income when the local taxes are higher than those in the USA. Tax cheaters do exist everywhere including the USA but they form just a small minority and the approach to catch them must be different!
What is this nonsense all about? Just an ego-trip for an disgruntled employee? No, it is simply the quest of the Zionist banking empires to somehow destroy the Swiss banking system that is superior in skills compared to theirs. This is the only logical reason why we can have any issues here!
The USA is the country of immigrants coming from around the world and they are accepted into the USA mainly after they have proven to have skills that are needed here. They all for sure have bank accounts and assets in their original home countries and in time will inherit some more. So they all are bound to have banking connections to "foreign" nations. Of course if the laws are not communicated clearly to these people, some of them who do not even understand english properly they are bound to "break" the laws!
How about the USA, we have systematically denied any information to any authorities from foreign countries when they ask if their citizens have assets here.
This is a double standard in most blatant form and nothing else! There is much more work to be done here to clarify this nonsense and this case of UBS is going to haunt the USA until eternity and at the end the IRS will be ashamed that it ever brought this case to the public.
If the USA is a free country then we should be allowed to put our money to work wherever we find the best return for it - including even the Antarctica if we feel so. Believe it or not but we here in the USA can not establish foreign accounts in Swiss Francs, Euros or any other foreign currency in any bank. None of them offers this service!
Many of the immigrants believe to the continuing slide of the dollar and they are desperately looking for alternatives - it all is this simple. Why does our Government not want us to have any account in any foreign currency here in the USA?
09/07. The Chinese have become Capitalists while the Americans have become slaves for their Bankers...
As the major difference in China the banks are owned by the State - while in the USA the banks own the State. While the U.S. spends trillions of dollars to bail out its banking system, leaving its economy to languish, China is being called a “miracle economy” that has decoupled from the rest of the world. As the rest of the world sinks into the worst recession since the 1930s, China has maintained a phenomenal 8% annual growth rate.
First the USA
“The banks -- hard to believe in a time when we’re facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. They frankly own the place.”-- U.S. Senator Dick Durbin, Democratic Party Whip, April 30, 2009
Why has the US Government bailed out the banks with over trillion dollars of tax payer money? There is little of no interest at all and the only request from FED to banks was to consider lending money to the people. And guess, the banks saw this all as a suggestion to do whatever they wanted!
And of course they started gobbling up their competitors with no intention to lending any of this this money to the people who actually needed it.
Their formal excuse was that the tax payers ar defaulting in ever increasing numbers in their credit card loans and they, the banks, must protect the system as money will become expensive if this continues (Well, at 0% interest from FED and Treasury the money for sure is expensive!):
Almost every one of them have increased fees and interest rates on all their credit cards. It must be hard to operate when the money costs nothing and credit card holders must pay up to 29.99% interest. How many businesses in the world can enjoy that kind of margin?
Miss one payment and the trap sets in. It used to be that missing this with one credit card would mean that all of them could increase the interest rate to the maximum allowed by the law. How many people can survive with $50,000 in credit card loan(s) when the interest rate is suddenly increased from, say from 5% to 25%? The annual interest bill of $2,500 is suddenly $12,500. This is the way to ruin the lives of the ordinary people in the USA and it is done now every day in every State of the Union. The banks are actually active in trying to get people to bankruptcy to steel their houses. It is a fallacy that banks would suffer they actually thrive from this - a rotten apple here and there does not spoil this party.
This has turned to the same process the businesses are treated when they borrow money - they must pay it out or refinance it all in every few years. The renewal of the loans equals to loan fees and as one young banker carelessly put it: "it is the refinancing fees that makes us money and not the interest rates".
Banks have become bolder and use the fine print in the credit card contracts to change the terms of the credit card repayments. This means that instead of billing the customary 2% of the loan balance each month they now bill 5%. Using the above example (2 above) instead of paying $10,000 a year for the above credit card balance the payment is suddenly $25,000, and if you miss one the new interest rate kicks in another $10,000 or so.
Not one in one hundred living from wages and salaries can handle this hit and the 99 from 100 are forced to bankruptcy! Their houses are worth much more than the debt on them and the banks know it - this is their new gold mine! "Just get another credit card", is the advice from the Wall Street - well, when you cant pay what you have who lends you more money?
The American capitalism and all high promises in her Constitution promising equal rights to everyone is dead. It is funny but a huge majority has no idea of this, they still believe that we are the most revered democracy in the world. The country has been controlled by the Zionist banking oligarchy already for a few decades. In the final phase of this rule we live right now we may see the full blown fascism arising from the ashes ...before it all is replaced with real democracy again. This phase is not pretty - at least it has never been (take Germany and Italy as examples). However, it all takes time and it is likely that the already retired generation will never see this better life.
Of course these oligarchs have had a burning need to spread their truths their way and here is the apparatus, process and the people who are working as their true Messengers! While some of them understand perfectly what they are supposed to do and contribute willingly many others do not care what they say as following the guidelines it all pays a nice salary.
If our high school history education would be better hijacking our democracy would not have never been possible. The Europeans learned this all the hard way 60 years ago - we went there in force at the time but apparently the majority of us learned nothing while the Zionist leadership learned plenty and started refining their plans further regarding the takeover of the USA.
Here are three reported quotations from the present Zionist leadership in Israel - those of us who are still free should never forget these three passages:
On January 12, 2009, the leader of the Jews-only state in Palestine Ehud Olmert revealed to a Jewish audience in Ashkelon that he had insisted George Bush should tell Rice to vote against a United Nations’ resolution calling for a cease fire to the Israeli attack on Gaza: The three following quotes provide a sufficient account of Olmert’s speech. According to Olmert, he called the White House upon hearing of the upcoming UN Security Council resolution. "I said, 'Get me President Bush on the phone.' They said he was in the middle of giving a speech in Philadelphia. I said I didn't care: 'I need to talk to him now.' He got off the podium and spoke to me," Olmert said, according to multiple media reports. As a result of his conversation with President Bush, Olmert claimed, the president called Rice and forced her to abstain from voting on the measure, which she herself had helped author. "He gave an order to the secretary of state and she did not vote in favor of it, a resolution she cooked up, phrased, organized, and maneuvered for. She was left pretty shamed and abstained on a resolution she arranged," Olmert said.
"Every time we do something you tell me America will do this and will do that . . . I want to tell you something very clear: Don't worry about American pressure on Israel. We, the Jewish people, control America, and the Americans know it." - Israeli Prime Minister, Ariel Sharon, October 3, 2001: "Once we squeeze all we can out of the United States, it can dry up and blow away." - Benjamin Netanyahu. A comment made by Netanyahu to Jonathan Pollard (convicted traitor and spy) upon exiting Pollard's jail cell.
Then we have China
We hear that China is a communist country and we should not trust anything they say, etc, etc.
This is hogwash, China today is a more capitalistic than America is today. The Americans just do not hear the right story.
Jim Rogers is an expatriate American investor and financial commentator based in Singapore. He wrote in a 2004 article titled “The Rise of Red Capitalism”:
“Some of the best capitalists in the world live and work in Communist China. . . . No matter how long China’s leaders persist in calling themselves Communists, they seem quite intent on creating the world’s dominant capitalist economy.”
Meanwhile, the U.S. has sunk into what Rogers calls “socialism for the rich.” When ordinary U.S. businesses go bankrupt, they are left to deal with the asphalt jungle on their own; but when banks considered “too big to fail” go bankrupt, we the taxpayers pay the losses while the banks’ owners keep the profits and are allowed to continue speculating with them. The bailout of Wall Street with taxpayer money represents a radical departure from capitalist principles, one that has changed the face of the American economy. The capitalism we were taught in school involved Mom and Pop stores, single-family farms, and small entrepreneurs competing on a level playing field. The government’s role was to set the rules and make sure everyone played fair. But that is not the sort of capitalism we have today. The Mom and Pop stores have been squeezed out by giant chain stores and mega-industries; the small private farms have been bought up by multinational agribusinesses; and Wall Street banks have gotten so powerful that Congressmen are complaining that the banks now own Congress. Giant banks and corporations have rewritten the rules for their own ends. Healthy competition has been replaced by a form of predator capitalism in which small fish are systematically swallowed up by sharks. The result has been an ever-widening gap between rich and poor that represents the greatest transfer of wealth in history.
How can China’s stimulus plan be working well when ours is barely working at all? The answer is simple. China has not let it's banking system run roughshod over its productive economy. “China has put people before the Banks” was the overwhelming answer presented in a recent study over the Chinese economy.
“In the UK and US, the financial sector is booming, while the world of normal people seems to be going from bad to worse, unemployment is high, businesses are folding and house foreclosures are still taking place. Wall Street and Main Street might as well be existing on different planets. And this is in large part because banks are still not lending money to the people. In the UK and US, banks have captured all the money from the taxpayers and the cheap money from quantitative easing from central banks. They are using it to shore up, and clean up their balance sheets rather than lend it to the people. The money has been hijacked by the banks, and our governments are doing absolutely nothing about that. In fact, they have been complicit in allowing this to happen.”
The "global capitalist crisis” is actually a credit crisis; and in China, unlike in the U.S., credit has been flowing freely, not just to the financial sector but to industry and local government. State-owned banks have massively increased lending, with local governments and state enterprises borrowing on a huge scale. The People’s Bank of China estimates that total loans for the first half of 2009 were $1.08 trillion, 50% more than the amount of loans Chinese banks issued in all of 2008. The U.S. Federal Reserve has also engaged in record levels of lending, but its loans have gone chiefly to bail out the financial sector itself, leaving Main Street high and dry as we saw above.
For the time being, at least, China’s stimulus plan is clearly working better than those of the U.S. and the U.K.; and a chief reason it is working better is that the government has a grip on its banking sector. The government can operate the banks’ credit mechanisms in a way that serves public enterprise and trade, because it actually owns the banks, or most of them. Ironically, that feature of China’s economy may have allowed it to get closer to the original American capitalist ideal than the United States itself. China is often referred to as communist, but it has never really been communist as defined in the textbooks, and it is far less so now than formerly. Communist Party leader Deng Xiaoping, who opened China to foreign investment after 1978, famously said that it doesn’t matter what color the cat is, so long as it catches mice. Whatever the Chinese economy is called, today it provides a framework that effectively encourages entrepreneurs.
The above is mostly excerpts written by Ellen Brown.
09/06. Orchestrated MOB runs the American Congress - if the history is right the FASCIST dictatorship is next...
The far right has decided to use MOP to prevent all meaningful health care debates in the town halls around the country. The party is bussing their most fanatic low IQ supporters that listen the words of their leaders and consider these to be coming almost like from God on earth - word for word. For them these messages are the only truth. It has never dawned to them that they are just used as disposable pawns that have no value to party leadership and will never be rewarded regardless what kind of sacrifices they end up making.
The proof is overwhelmingly against everything told to them from the USA and from everything what is happening in the world outside the US borders...
The Secrets of China's Economy: The Government Owns the Banks rather than the Reverse...
“The banks -- hard to believe in a time when we’re facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. They frankly own the place.” -- U.S. Senator Dick Durbin, Democratic Party Whip, April 30, 2009
Unnoticed to most the financial strength of the far right has increased at rate of 18% per year since 1977.
Of course the health care industry is not the only industry this fascist group have in their hands, but it is the only one where the share of GDP has been growing steadily over the years. Today the military business is also highly profitable but the wars must always end one day. This growth in health care cost is very peculiar as the rest of the world does not have it. Their position has become increasingly awkward to defend as we Americans are the same time behind in life expectancy compared to the others while their health care cost have remained steady or even declined.
In general they are driving the living conditions of the average people towards those that existed during the 1930's in Italy and Germany that brought Mussolini and Hitler to power.
We all know that with the current pace our health care costs will "bankrupt" our country within the next 10 years, i.e. it will harm our productivity and competitiveness in every possible industry outside our borders. A widespread unrest will become inevitable and that is the moment when these Fascist forces will strike and push the Congress aside from important decision making. Still for time being they do not dare to touch it as an institution but that will change. In due time the Congress will be reduced to a rubber stamp with an appearance of legality but with no substance.
The current action in town halls confirms that the fascist movement has become impatient and is perhaps worrying of a potential failure even if they have FED in their corner. Their parents generation tried in 1933 but failed. The coup was aimed to toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the wealthiest families in America believed that the country should adopt the policies of Hitler and Mussolini to beat the great depression and go even further to form a global alliance.
The global domination has been the dream of the European and Zionist banking empires for a couple of centuries already. Winston Churchill gave them the second serious blow when he nationalized the Bank of England in 1946 after they lost the America to when the declaration of Independence was signed in on July 4th, 1776. Most people do not know that the same banking empires that controlled the UK until Churchill cut them off remain in total control over the Federal Reserve Bank of the USA or FED. The Rothschilds & al., have played this game beautifully as in 60 years after losing the UK they might gain a full ownership to the USA.
Here is a short video that explains how this stage of the game in the town hall meetings is played.
09/05. When corporations like Citi, Bank America, etc., are fined - a financial crime was committed somewhere and justice must be served - the heads must roll!
The corporation itself does nothing it is just an empty shell to create a single taxpayer and the same time to cover the work of a group of people - regardless how big this group is.
When a company is levied fines, regardless of the apparent punishment of the management, in the real world the government punishes only the low level workers and the clients of this corporation. In the future clients pay higher prices for services and the workers' wages are not raised like usual to compensate them. For the corporation a fine is just another cost item and nothing else.
When a person steals money the sentence is not only fines, it often include jail time. In the case of corporation, usually nobody ends up into a jail, nobody gets fired and nobody gets even demoted. It is just business as usual. This is a travesty in our justice system.
You steel a hamburger when you are unemployed and hungry you go to jail, you steal a million for your company and you get promoted. When this is going on, how can we ever dream of getting the respect to our justice system back?
Large corporations even budget these potential fines while their legal stuff skim the border of the legality exploring the weak points in laws and when found show the company to this new watering hole.
However, no public company can act before a decision is made by the corporate management on the matter. Every time the law is broken even so slightly a decision to break it is done deliberately and in full knowledge of the management team.
The crime is done in meeting rooms by real people not by the dummy tax shell we call the corporation.
However, the small "mom & pa" companies can never afford these legal advisors and they really do not need those either as they like everyone else on this planet already know what is right and what is wrong. It is just funny how some in the large corporate world believe and pretend as if they would not know that they are committing a crime. This happens every time when they consider the other party being less intelligent than they are. Perhaps they have never understood that the time favors the slower party.
To get rid of the corporate crime we must change the system so that every time a public corporation is caught from criminal activity and fined heads from the top level of this corporation must roll! If the CEO can not find the perpetrators then it is his or her own head! Nobody is irreplaceable.
Even for the job of Mr. Jamie Dimon from JP Morgan we have thousands of equally qualified people already inside the USA. If we add also the ability to speak elegantly, think and act fast we have perhaps a million more. These extra million of them would lack only the background knowledge of Mr. Dimon and JP Morgan might lose a little time. However, if subordinates at JP MOrgan are as competent as they most likely are, no time at all would be lost.
We have elevated the corporate CEO's and other directors to a level that is next below the God - to the level of the untouchables. In reality they are just ordinary smart, well educated people and nothing else. The same is also with the wall street bonus collectors. It is the tools the engineers have given to them that make them productive and smart, not what they know or pretend to know. They do not see the future any better than the rest of us and most of the time they know much less of the real world than any of the equally well educated professionals who actually get their honest living down there.
We are currently protecting the criminals behind the corporate veil and as long as we continue this foolish act the arising tide of the corporate crimes remains unstoppable.
