How a $1 Bag of Salt Water Becomes a $546 Bill at Hospitals

Much like every other aspect of the U.S. ponzi economy, the healthcare system is one gigantic centralized oligopolistic racket. The New York Times has done some excellent coverage on this topic as of late, most recently in an article I highlighted earlier this month about how Americans are now finding themselves forced to travel overseas for surgery.

That article demonstrated how the medical industry is simply one huge convoluted racket, in which contracts are secret and no one has any clue about anything except for a small group of players involved. In fact, it reminds me of an incredible article from 1982 that explains how diamonds are actually basically worthless, and that the whole market is a gigantic con. You take something that is essentially free, and then charge a fortune for it through middleman markups.

And don’t think Obamacare is going to help you either, we all know it was written by lobbyists and special interests, just like every other piece of legislation from crony Congress. From the New York Times:

It is one of the most common components of emergency medicine: an intravenous bag of sterile saltwater.

Luckily for anyone who has ever needed an IV bag to replenish lost fluids or to receive medication, it is also one of the least expensive. The average manufacturer’s price, according to government data, has fluctuated in recent years from 44 cents to $1.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

A Blockbuster Article on the Dangers of the NSA…From March 27, 1983

The warning signs were all there. Long, long ago they were all right there. Reading this article from the New York Times, published when I was just five years old, brings forth emotions of frustration, disappointment and even a sense of resentment. Resentment that many of those that came before us knew about all of this and basically did nothing. While those were my initial reactions, those negative emotions have turned into a strong sense of resolve and purpose. Many of us that are faced with the challenge of changing this messed up world we live in had very little to do with its creation, but that’s ok. This is our destiny and it is our duty.

There are several key takeaways from this article. First, and most importantly, sophisticated spy technologies with little oversight will ALWAYS be abused. This is not just the case today, but it was the case in the 1950’s, 60’s and 70’s as well. As the article points out, “the N.S.A. between 1952 and 1974 developed files on approximately 75,000 Americans” and “the agency also developed files on civil-rights and antiwar activists, Congressmen and other citizens who lawfully questioned Government policies.”

Second, no institution should ever be trusted to come clean on what they are up to. The N.S.A. has a long history of lying to everyone and anyone who questions it. It is only when leaks of their unconstitutional practices are made public that they cease any surreptitious activities (or at least pretend to).

Third, the most dangerous thing we can allow is the union of “public” and “private” intelligence security functions. These inevitably merge into one giant totalitarian nightmare such as what we suffer from today. The writing was on the wall long ago. It’s time to finally deal with this problem once and for all. Below are some choice excepts from this excellent New York Times article:

THE SILENT POWER OF THE N.S.A.

By David Burnham
Published: March 27, 1983

A Federal Court of Appeals recently ruled that the largest and most secretive intelligence agency of the United States, the National Security Agency, may lawfully intercept the overseas communications of Americans even if it has no reason to believe they are engaged in illegal activities. The ruling, which also allows summaries of these conversations to be sent to the Federal Bureau of Investigation, significantly broadens the already generous authority of the N.S.A. to keep track of American citizens.

Over the years, this virtually unknown Federal agency has repeatedly sought to enlarge its power without consulting the civilian officials who theoretically direct the Government, while it also has sought to influence the operation and development of all civilian communications networks. Indeed, under Vice Adm. Bobby Ray Inman, N.S.A. director from 1977 to 1981, the agency received an enlarged Presidential mandate to involve itself in communications issues, and successfully persuaded private corporations and institutions to cooperate with it.

Yet over the three decades since the N.S.A. was created by a classified executive order signed by President Truman in 1952, neither the Congress nor any President has publicly shown much interest in grappling with the far-reaching legal conflicts surrounding the operation of this extraordinarily powerful and clandestine agency. A Senate committee on intelligence, warning that the N.S.A.’s capabilities impinged on crucial issues of privacy, once urged that Congress or the courts develop a legislative or judicial framework to control the agency’s activities. In a nation whose Constitution demands an open Government operating according to precise rules of fairness, the N.S.A. remains an unexamined entity. With the increasing computerization of society, the conflicts it presents become more important. The power of the N.S.A., whose annual budget and staff are believed to exceed those of either the F.B.I. or the C.I.A., is enhanced by its unique legal status within the Federal Government. Unlike the Agriculture Department, the Postal Service or even the C.I.A., the N.S.A. has no specific Congressional law defining its responsibilities and obligations. Instead, the agency, based at Fort George Meade, about 20 miles northeast of Washington, has operated under a series of Presidential directives. Because of Congress’s failure to draft a law for the agency, because of the tremendous secrecy surrounding the N.S.A.’s work and because of the highly technical and thus thwarting character of its equipment, the N.S.A. is free to define and pursue its own goals.

According to an unpublished analysis by the House Government Operations Committee, the N.S.A. may have employed 120,000 people in 1976 when armed-services personnel were included in the official count. (According to a letter from the Joint Chiefs of Staff, overseas listening posts numbered 2,000.) In comparison, the F.B.I. had one employee for every six working for the N.S.A. The House report also estimated that the agency’s annual expenditures were as high as $15 billion.

During the course of the investigation, its chairman, Senator Frank Church, repeatedly emphasized his belief that the N.S.A.’s intelligence-gathering activities were essential to the nation’s security. He also stressed that the equipment used to watch the Russians could just as easily ”monitor the private communications of Americans.’‘ If such forces were ever turned against the country’s communications system, Senator Church said, ”no American would have any privacy left. … There would be no place to hide.”

The N.S.A. gradually developed a ”watch list” of Americans that included those speaking out against the Vietnam War.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Meet “BOSS”: The Department of Homeland Security’s Facial Scanning Program

Ever heard of BOSS? Didn’t think so.

BOSS stands for Biometric Optical Surveillance System, and it is a crowd-scanning program that has been in development by the Department of Homeland Security (DHS) for almost three years now.

Did you catch that? This is the DHS, the ridiculously dangerous, cancerous, gargantuan waste of money our “leaders” foolishly created after 9/11 to prevent “terrorism.” Whereas in the beginning most people actually believed the DHS was there to stop cave dwellers with terroristic tendencies, it is now completely clear that its primary mission is to protect the oligarchs and political criminals from domestic dissent. For example, the New York Times notes that:

In a sign of how the use of such technologies can be developed for one use but then expanded to another, the BOSS research began as an effort to help the military detect potential suicide bombers and other terrorists overseas at “outdoor polling places in Afghanistan and Iraq,” among other sites, the documents show. But in 2010, the effort was transferred to the Department of Homeland Security to be developed for use instead by the police in the United States.

It now should be abundantly clear to anyone paying the slightest bit of attention that the DHS has one mission and one mission only. Bring the degenerate activities we consistently engage in abroad back home for use on “we the people.” You know, to protect us. From the New York Times:

WASHINGTON — The federal government is making progress on developing a surveillance system that would pair computers with video cameras to scan crowds and automatically identify people by their faces, according to newly disclosed documents and interviews with researchers working on the project.

The Department of Homeland Security tested a crowd-scanning project called the Biometric Optical Surveillance System — or BOSS — last fall after two years of government-financed development. Although the system is not ready for use, researchers say they are making significant advances. That alarms privacy advocates, who say that now is the time for the government to establish oversight rules and limits on how it will someday be used.

I’m sure the secret FISA court is all over it.

The automated matching of close-up photographs has improved greatly in recent years, and companies like Facebook have experimented with it using still pictures.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Americans are Now Traveling Overseas for Surgery

Growing up I recall hearing stories of how wealthy foreigners would frequently travel all the way to these United States in order to receive top notch medical attention. Fast forward a decade or two, and all I hear about now is how it is us Americans being forced abroad in order to receive affordable care. The article below from the New York Times, “In Need of a New Hip, but Priced Out of the U.S.” is a fantastic, but depressing read on the subject.

We learn about a hip and knee implant cartel of five companies, kickbacks to surgeons, salespeople in the operating room, massive bureaucratic red tape and rampant price gouging, in complete contrast to the Hippocratic Oath. This is whythe list price of a total hip implant increased nearly 300 percent from 1998 to 2011.” While this is an extraordinarily complicated subject, one on which I claim zero expertise, one thing is for certain. If a U.S. citizen has to travel to Belgium to implant a medical device made right here in the USA, we have a very, very serious problem. From the New York Times:

WARSAW, Ind. — Michael Shopenn’s artificial hip was made by a company based in this remote town, a global center of joint manufacturing. But he had to fly to Europe to have it installed.

Desperate to find an affordable solution, he reached out to a sailing buddy with friends at a medical device manufacturer, which arranged to provide his local hospital with an implant at what was described as the “list price” of $13,000, with no markup. But when the hospital’s finance office estimated that the hospital charges would run another $65,000, not including the surgeon’s fee, he knew he had to think outside the box, and outside the country.

Makers of artificial implants — the biggest single cost of most joint replacement surgeries — have proved particularly adept at commanding inflated prices, according to health economists. Multiple intermediaries then mark up the charges. While Mr. Shopenn was offered an implant in the United States for $13,000, many privately insured patients are billed two to nearly three times that amount.

An artificial hip, however, costs only about $350 to manufacture in the United States, according to Dr. Blair Rhode, an orthopedist and entrepreneur whose company is developing generic implants.

So why are implant list prices so high, and rising by more than 5 percent a year? In the United States, nearly all hip and knee implants — sterilized pieces of tooled metal, plastic or ceramics — are made by five companies, which some economists describe as a cartel. Manufacturers tweak old models and patent the changes as new products, with ever-bigger price tags.

Generic or foreign-made joint implants have been kept out of the United States by trade policy, patents and an expensive Food and Drug Administration approval process that deters start-ups from entering the market. The “companies defend this turf ferociously,” said Dr. Peter M. Cram, a physician at the University of Iowa medical school who studies the costs of health care.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Meet the Secret Supreme Court of the United States

This program, by the way, is fully overseen not just by Congress, but by the FISA Court — a court specially put together to evaluate classified programs to make sure that the executive branch, or government generally, is not abusing them, and that it’s being carried out consistent with the Constitution and rule of law.

– President Barack Obama on June 7, 2013 (transcript here)

Unlike the Supreme Court, the FISA court hears from only one side in the case — the government — and its findings are almost never made public. A Court of Review is empaneled to hear appeals, but that is known to have happened only a handful of times in the court’s history, and no case has ever been taken to the Supreme Court. In fact, it is not clear in all circumstances whether Internet and phone companies that are turning over the reams of data even have the right to appear before the FISA court.

– From the July 6, 2013 New York Times article: In Secret, Court Vastly Broadens Powers of N.S.A.

One of the most incredible things that has occurred in the aftermath of Edward Snowden’s NSA leaks has been President Barack Obama’s laughable attempt to justify the spying by claiming the process has judicial oversight, as he did in the quote above. What he fails to mention of course is the fact that the FISA court that signs off on all these activities is a secret court, the opinions of which are never made public. Does he think the American public is so brain-dead it is incapable of recognizing the difference between a regular court of law and a secret one? Apparently he does.  For those of you that have yet to get up to speed on America’s “parallel Supreme Court,” which also disturbingly happens to constructs its own laws, please read the article below from The New York Times:

WASHINGTON — In more than a dozen classified rulings, the nation’s surveillance court has created a secret body of law giving the National Security Agency the power to amass vast collections of data on Americans while pursuing not only terrorism suspects, but also people possibly involved in nuclear proliferation, espionage and cyberattacks, officials say.

The rulings, some nearly 100 pages long, reveal that the court has taken on a much more expansive role by regularly assessing broad constitutional questions and establishing important judicial precedents, with almost no public scrutiny, according to current and former officials familiar with the court’s classified decisions.

The 11-member Foreign Intelligence Surveillance Court, known as the FISA court, was once mostly focused on approving case-by-case wiretapping orders. But since major changes in legislation and greater judicial oversight of intelligence operations were instituted six years ago, it has quietly become almost a parallel Supreme Court, serving as the ultimate arbiter on surveillance issues and delivering opinions that will most likely shape intelligence practices for years to come, the officials said.

Unlike the Supreme Court, the FISA court hears from only one side in the case — the government — and its findings are almost never made public. A Court of Review is empaneled to hear appeals, but that is known to have happened only a handful of times in the court’s history, and no case has ever been taken to the Supreme Court. In fact, it is not clear in all circumstances whether Internet and phone companies that are turning over the reams of data even have the right to appear before the FISA court.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Meet the Big Banks’ Latest Slave Product: “Payroll Debit Cards”

I firmly believe that the biggest domestic policy error over the past generation has been the no-strings-attached bail out of the mega banks in these United States, and their subsequent designation as “too big to fail” and “too big to jail.”  This has given the sociopaths that run these crony organizations a license to steal, and they are doing a great job of it.

So in the latest bank theft product, employers of low income workers are being persuaded to pay their employees via “prepaid payroll cards.”  Not only are these cards typically associated with high fees, but they also discourage employees from using credit unions for their banking needs.

While companies try to defend themselves by saying they are providing a cheaper method for employees that do not have bank accounts to gain access to their funds, in many cases using these “prepaid cards” isn’t simply an option, but a requirement.  Oh, and take a guess why the mega banks are pushing into this line of business?  Prepaid cards are essentially exempt from financial regulation.  Serfs up boy and girls.  From the New York Times:

A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee.

For these largely hourly workers, paper paychecks and even direct deposit have been replaced by prepaid cards issued by their employers.

These fees can take such a big bite out of paychecks that some employees end up making less than the minimum wage once the charges are taken into account, according to interviews with consumer lawyers, employees, and state and federal regulators.

Devonte Yates, 21, who earns $7.25 an hour working a drive-through station at a McDonald’s in Milwaukee, says he spends $40 to $50 a month on fees associated with his JPMorgan Chase payroll card.

Anyone surprised that “the morgue” is at the center of this?

“It’s pretty bad,” he said. “There’s a fee for literally everything you do.”

Many employees say they have no choice but to use the cards: some companies no longer offer common payroll options like ordinary checks or direct deposit.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Released Documents Detail the C.I.A. Role While Embedded in the NYPD

The fact that the C.I.A. was embedded within the NYPD for a decade after 9/11 is not a new story, but what is new are details regarding involvement in domestic surveillance, which the agency is not permitted to engage in. The questions that I want to ask in light of this are: Which other police forces around the nation had or have C.I.A. agents embedded in them and what are their roles? Let’s not forget what Pulitzer Prize winning journalist Carl Bernstein has told us in 1977:

In 1953, Joseph Alsop, then one of America’s leading syndicated columnists, went to the Philippines to cover an election. He did not go because he was asked to do so by his syndicate. He did not go because he was asked to do so by the newspapers that printed his column. He went at the request of the CIA.

Alsop is one of more than 400 American journalists who in the past twenty‑five years have secretly carried out assignments for the Central Intelligence Agency, according to documents on file at CIA headquarters.

The history of the CIA’s involvement with the American press continues to be shrouded by an official policy of obfuscation and deception.

We should all feel extremely uncomfortable that this agency was embedded within a domestic police force given it’s history.

Now, from the New York Times:

WASHINGTON — Four Central Intelligence Agency officers were embedded with the New York Police Department in the decade after Sept. 11, 2001, including one official who helped conduct surveillance operations in the United States, according to a newly disclosed C.I.A. inspector general’s report.

That officer believed there were “no limitations” on his activities, the report said, because he was on an unpaid leave of absence, and thus exempt from the prohibition against domestic spying by members of the C.I.A.

Another embedded C.I.A. analyst — who was on its payroll — said he was given “unfiltered” police reports that included information unrelated to foreign intelligence, the C.I.A. report said.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Top Law Firm Weil, Gotshal & Manges Announces First Mass Layoffs in 82 Years

Nothing says economic recovery like one of the most profitable and prestigious law firms in  the nation announcing mass layoffs for the first time in 82 years.  Yep, four years after the so-called “recovery” began, things are so good that Weil, Gotshal & Manges has decided to cut 7% of its associates and slash annual compensation for 10% of its partners by hundreds of thousands of dollars.  As the article below notes, there is still massive overcapacity in the legal profession and this announcement is likely to spark a wave of layoffs in the industry.  Not to worry though, Blackstone will continue to place all cash bids on empty homes in Nevada and Arizona.  From the New York Times’ Dealbook:

One of the country’s most prestigious and profitable law firms is laying off a large number of lawyers and support staff, as well as reducing the pay of some of its partners, a surprising move that underscores the financial difficulties facing the legal profession.

Sixty junior lawyers, known in law firms as associates, will lose their jobs. That amounts to roughly 7 percent of Weil’s associates. Roughly 30 of the firm’s 300 partners are having their annual compensation reduced, in many cases by hundreds of thousands of dollars. And 110 staff employees – roughly half of them legal secretaries – are being let go.

Dan DiPietro, chairman of the law firm group at Citi Private Bank, said that there were too many lawyers at the country’s largest firms, estimating the excess capacity at as much as 10 percent of the lawyer population. He believes that the profession could possibly experience a wave of job cuts.

“Our market share has been improving, but the market has been shrinking,” Mr. Wolf said.

“We believe that this not just a cycle but that the supply-demand balance is out of whack across the industry,” he said. “If we thought this was a cycle and our business was going to pick up meaningfully next year, we would not be doing this.”

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

NYU: As Students Become Debt Serfs, “Star Professors” Buy Homes in East Hampton with University Money

The article below is just another sad example of the almost nonexistent moral base evident within the privileged elite of America today. While one graduating class after another is churned endlessly through the debt serfdom assembly line we call “higher education,” their “star professors” and university leaders are purchasing vacations homes in luxurious locations such as East Hampton.  Of course, it’s merely a symptom of the rot and corruption institutionalized at the top of the military-indsutrial-Wall Street complex flowing downward and infecting the entire culture, but it is an untenable social dynamic that will snap back with a vengeance upon all of us sooner rather than later.  From the New York Times:

Follow one of Fire Island’s quaint footpaths away from the ferry dock, past modest cottages and better-appointed vacation homes, to an elegant modern beach house that extends across three lots. A composition in bold, unadorned planes, it has a perimeter of green and two separate entrances, each outfitted with the long ramps that are the local custom. 

The house, which is owned by John Sexton, the president of New York University, was bought with a $600,000 loan from an N.Y.U. foundation that eventually grew to be $1 million, according to Suffolk County land records. It is one of a number of loans that N.Y.U. has made to executives and star professors for expensive vacation homes in areas like East Hampton, Fire Island and Litchfield County, Conn., in what educational experts call a bold new frontier for lavish university compensation.

Richard Revesz, who recently ended a decade as the dean of New York University Law School, lives with his wife, an N.Y.U. law professor, in a handsome West Village town house that was financed by N.Y.U. They also have a home on more than 65 acres near the Housatonic River in Litchfield County, also helped by an N.Y.U. loan, according to land records in both locales. According to the university’s most recently available tax return, they owe the university $5.7 million altogether.

He declined to comment on the terms of most of those loans, like interest rates and any provisions for forgiveness, citing the privacy of the parties.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Another Day, Another Temper Tantrum from Mayor Bloomberg

It is just incredible how quick NYC Mayor Michael Bloomberg is to throw a temper tantrum whenever anyone dares question his crusade to rid the nation of its remaining civil liberties.  In this case, his targets are those that criticize his feudalistic and extraordinarily racist “stop and frisk policy,” which I highlighted last October in my post: The Hunted and the Hated: An Inside Look at the NYPD’s Stop-and-Frisk Policy.

So now that the policy is being questioned in court, Bloomberg has once again transitioned into his usual role as a petulant child.  Scott Shackford at Reason.com did a great job covering his latest nonsensical outburst.  First he quotes the New York Times:

Speaking at Police Headquarters, Mr. Bloomberg took a swipe at those suing the department in Federal District Court in Manhattan over the stop -and-frisk practices, but he saved his strongest words for legislators and mayoral candidates “playing politics with people’s lives.”

“Look at what’s happened in Boston,” Mr. Bloomberg said. “Remember what happened here on 9/11. Remember all of those who’ve been killed by gun violence and the families they left behind.”

Remember Boston!  Remember 9/11!  This guy has zero shame.  All he does is immediately exploit national tragedies to advance his surveillance state agenda.

Scott then goes on to write:

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.