Sales of Short-Term Health Plans Soar as Americans Flee Expensive Obamacare

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When it comes to Obamacare, the devil is in the details.

As the years go by, Americans are quickly recognizing that not only is Obamacare not helping them out, it’s actually crushing their paychecks to such an degree they’re finding it necessary to pursue alternatives. This has resulted in a mad dash into non-ACA compliant short-term health insurance plans, or the kind of plans Obamacare was specifically designed to replace.

Before we get into that, it’s important to understand just how unaffordable and useless Obamacare actually is for millions of Americans. First, let’s revisit a few excerpts from last month’s post, The Health Insurance Scam – “Coverage” Doesn’t Mean Affordability or Access:

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Swiss Bank Whistleblower Claims Panama Papers Was a CIA Operation

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Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he’d be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information that is shaking political regimes around the world. 

“The CIA I’m sure is behind this, in my opinion,” Birkenfeld said. 

– From the CNBC article: Swiss Banker Whistleblower: CIA Behind Panama Papers

Last Friday, I published a post titled, Was the Panama Papers “Leak” a Russian Intelligence Operation? Here’s some of what I wrote:

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Chart of the Day – Wall Street vs. Main Street

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Wall Street is counting its winnings from seven years of easy money.

The results represent a clear victory for Wall Street over Main Street, according to the team of Michael Hartnett, BofA’s chief investment strategist.

“Zero rates and asset purchases of central banks have, thus far, proved much more favorable to Wall Street, capitalists, shadow banks, ‘unicorns,’ and so on than it has for Main Street, workers, savers, banks and the jobs market,” the BofA team wrote.

– From the post: Bank of America Admits – Central Bank Policy Enriched Wall Street While “Steamrolling” Main Street

When I first started this website several years ago, part of my mission was to convince as many people as possible that we all have a common adversary, the U.S. status quo. Back then, the public was still largely confused. Still in financial shock from the crisis, many Americans hung onto hope that if they just kept their heads down and worked hard things would get better. Well they didn’t get better, and they aren’t going to.

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Liberty Links 4/11/16

17 links today. Enjoy. Goldman Sachs Will Pay $5B for Fraudulent Sales of Toxic Debt, No One Will Go to Jail (BoingBoing) CIA’s Venture Capital Arm Is Funding Skin Care Products That Collect DNA (How cute, The Intercept) “Real-time Facial Reenactment” (Mind-blowing video, YouTube) Adobe Issues Emergency Update to Flash After Ransomware Attacks (Very important issue, … Read more

“The Pirates Are Coming” – Iceland’s Pirate Party Polls at 43% Following the PM’s Resignation

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The most fascinating and encouraging political movement occurring anywhere on earth at the moment is taking place in the tiny nation of Iceland. No, it has nothing to do with the recent resignation of the country’s Prime Minister after it was discovered via the Panama Papers that he and his wife owned Icelandic bank debt through an undisclosed offshore vehicle. What I’m referring to is the exponential popularity of the less than four-year-old “Pirate Party.”

So what is the Pirate Party? Motherboard explains:

Over 20,000 protesters descended on the Icelandic capital of Reykjavik last week following the release of the Panama Papers, over 11 million files from the database of Mossack Fonseca, one the world’s largest offshore law firms. Gathered in front of the Icelandic Parliamentary building, the protesters were calling for the resignation of their prime minister Sigmundur Davíð Gunnlaugsson after the Panama Papers revealed that he and his wife had major financial conflict of interest tied up in a shell company in the British Virgin Islands.

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You’ve Been Warned – Ben Bernanke Praises “Helicopter Money” in Latest Blog Post

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Don’t say you weren’t warned.

What follows are some excerpts from Banana Republic Ben’s latest blog post titled, What Tools Does the Fed Have Left? Part 3: Helicopter Money.

When monetary policy alone is inadequate to support economic recovery or to avoid too-low inflation, fiscal policy provides a potentially powerful alternative—especially when interest rates are “stuck” near zero. However, in recent years, legislatures in advanced industrial economies have for the most part been reluctant to use fiscal tools, in many cases because of concerns that government debt is already too high. In this context, Milton Friedman’s idea of money-financed (as opposed to debt-financed) tax cuts—“helicopter money”—has received a flurry of attention, with influential advocates including Adair TurnerWillem Buiter, and Jordi Gali.

In this post, I consider the merits of helicopter money as a (presumably last-resort) strategy for policymakers. I make two points. First, in theory at least, helicopter money could prove a valuable tool. In particular, it has the attractive feature that it should work even when more conventional monetary policies are ineffective and the initial level of government debt is high. However, second, as a practical matter, the use of helicopter money would involve some difficult issues of implementation. These include (1) the need to integrate the approach with standard monetary policy frameworks and (2) the challenge of achieving the necessary coordination between fiscal and monetary policymakers, without compromising central bank independence or long-run fiscal discipline. I propose some tentative solutions for these problems.

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Video of the Day – 60 Minutes Explores the Saudi Links to 9/11 Attacks

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I’ve been exploring the obvious links between Saudi Arabia and the terror attacks of September 11, 2001 for several years now. This issue is deeply personal to me. Not only was I working across the street in 3 World Financial Center when the attacks happened, I saw the first tower come down in person as I was fleeing the scene on foot.

The 9/11 attacks have been used by the U.S. government to trample upon our civil liberties and sell the surveillance state to the American public, yet all the while “we the people” continue to be fed a fantasy story of what really happened on that day.

To provide a bit of background on some of what is discussed in the 60 Minutes segment, let me turn your attention to excerpts from the 2013 post, Two Congressmen Push for Release of 28-Page Document Showing Saudi Involvement in 9/11:

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Was the Panama Papers “Leak” a Russian Intelligence Operation?

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As I wrote on Monday, ever since I started reading about the Panama Papers “leak” something kept rubbing me the wrong way. From the absence of any well known, politically powerful Americans on the list, to the anonymous nature of “John Doe” as whistleblower and the clownish reporting from Soros and USAID affiliated organizations, the whole thing stunk from the start.

The first plausible theory I came across attempting to explain the strangeness of it all was proposed by Craig Murray, and it basically went something like this. The leaker is a real whistleblower, but he placed the information in the wrong hands, therefore the organizations and journalists reporting on the story were not giving us the whole truth. Here’s some of that theory from the post, Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?

Whoever leaked the Mossack Fonseca papers appears motivated by a genuine desire to expose the system that enables the ultra wealthy to hide their massive stashes, often corruptly obtained and all involved in tax avoidance. These Panamanian lawyers hide the wealth of a significant proportion of the 1%, and the massive leak of their documents ought to be a wonderful thing.

The Suddeutsche Zeitung, which received the leak, gives a detailed explanation of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria. The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”

The corporate media – the Guardian and BBC in the UK – have exclusive access to the database which you and I cannot see. They are protecting themselves from even seeing western corporations’ sensitive information by only looking at those documents which are brought up by specific searches such as UN sanctions busters. Never forget the Guardian smashed its copies of the Snowden files on the instruction of MI6. 

Initially, this seemed to be a theory worth exploring, but in the following days I’ve come to a far different conclusion. The primary divergence between what I currently believe and what Mr. Murray proposed is that I do not think the leaker was a genuine whistleblower motived by the public interest. I think the leaker was working on behalf of a sophisticated intelligence agency.

The fact that we seem to know nothing about “John Doe” concerns me. Say what you will about Edward Snowden, but he came out publicly shortly after his whistleblowing and offered himself up for the world to judge. His life, career and personality have been put on full display, and each and every one of us has had the opportunity to decide for ourselves whether his motivations were noble and pure or not.

With the Panama Papers’ “John Doe” we are given no such opportunity, and in fact, the whole thing reads very much like a script concocted by some big budget intelligence agency. Once I started coming around to this conclusion, the obvious choice was U.S. intelligence; given the lack of implications to powerful Americans, the clownishly desperate attempts to smear Putin, and the appearance of Soros, USAID, Ford Foundation, etc, linked organizations to the reporting.

So for someone who already thinks the whole Panama Papers story stinks to high heaven, a CIA link to the release seems obvious; but is it too obvious? Perhaps.

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Liberty Links 4/7/16

17 links today. Enjoy. The Dutch Referendum Shows How the Internet is Taking Back Power from Our Europhile Elites (Must read by Nigel Farage, The Telegraph) Jamie Dimon Tells Us We Need to Leave Too Big to Fail Banks Alone (Excellent, Naked Capitalism) The TSA Spent $1.4 Million on an iPad App That Randomly Points Left … Read more

Video of the Day – Producer of Vaccine Documentary Banned From Tribeca Film Festival Speaks Out

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Before getting into this post, I want to reiterate something I wrote in my last article on the topic, published last year:

I want to start off this post by making it clear that I’m not remotely anti-vaccine. Personally, I chose to receive a Hepatitis A shot prior to my Asia travels last winter, and I also recently received a TDAP booster in order to reduce the risk of transferring pertussis to my newborn son, which can be quite dangerous if contracted by babies.

So while I’m not anti-vaccine, that doesn’t mean I trust the pharmaceutical industry or the U.S. government to keep me safe. This is where VAXXED, the vaccine documentary banned by the Tribeca Film Festival, comes into play. While all the controversy surrounding the film has centered on director Andrew Wakefield who was stripped of his medical license, the film’s producer is clear to point out that the film actually focuses on the testimony of CDC whistleblower Dr. William Thomson.

As such, I found the following interview of VAXXED producer, Del Bigtree quiet interesting:

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