Dems unveil $856 billion welfare package for health insurers

Stacy Summary:  The finance industry can’t lose in the US.   Almost every system from healthcare to banking is broken and yet unfixable because the corporate lobbyist mafia controls all access to elected officials.

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129 Responses to Dems unveil $856 billion welfare package for health insurers

  1. the underfundedmentalist

    Hi s&m, that peasant party plan is sounding better by the moment.

  2. Richard@lattitude30N

    @Stacy: no time to comment now..all posts are excellent….good reportage…

  3. the underfundedmentalist

    I hope the ‘corporate personhoods’ (soon to be ‘Duked’ up to Lords & Barons) will feel some sort of obligation toward their collective property of debt slaves. America’s history of slavery, tennant farmers, company towns and corporate bail-outs should tell us something of the ‘corporate citizen’s’ sense of civic duty. Corporate rights are duty-free.

  4. Ron Paul also explains (scrole down to Ron Paul on Fox Business):
    http://www.campaignforliberty.com/index.php

  5. the underfundedmentalist

    Welcome to Command Consumerism. If this ‘baucus bill’ passes, tax-payers will be forced by law to buy tax-payer subsidized health insurance from private insurance corporations. Of course corporations won’t be forced to provide health insurance plans for their employees. Was/isn’t Bacus the greek god of wine, this sure smells like purple kool-aide.

  6. I’m surprised that Infowars published the Paul Craig Roberts piece.

    I have the tube on in the other room and it sounds like the Baucus/Wellpoint bill (http://emptywheel.firedoglake.com/2009/09/08/liz-fowlers-plan/ ) that’s going to be released out of Senate Finance today contains co-ops. So what they’re setting up for us isn’t even as “good” as the Massachusetts plan; the current Mass. plan is the closest approximation of what a WEAK public-private hybrid model would look like on a national scale. (In Mass., community clinics have taken a huge hit since the plan was put in place, and people continue to struggle with rising costs and bankruptcy.)

    I have wondered if there might have been a plan to show that the GOP is unwilling to support any kind of reform by getting them on record against reform with and without a public option, but I don’t think that anyone with the power to stage such theater has set out to do so. What I think is that Baucus and a growing number of Democrats are so in the pocket of the medical-industrial complex that they were banking on their fellow bought-off friends in the GOP to help provide bipartisan cover for selling the American people down the river with this “reform.”

  7. Wendell Potter, former CIGNA exec, testifying before House Dems on the reform ripoff:

    http://www.huffingtonpost.com/2009/09/15/wendell-potter-public-opt_n_287733.html

  8. Re: Kucinich’s piece, we’re now on Step #3. Baucus just did a press conference lauding his POS bill and claimed that if reflects the principles for reform that the President outlined. There is no public option. There are co-ops.

  9. I am always amazed that Americans just don’t “self-organize” and run systems of their own choosing. If all those who voted for Obama (67million?) started an “i voted for Obama” health care co-opt not-for-profit, it could be up and running already, and “insurance” could be whatever they want it to be. That size of consumer power can negotiate deals with pharma, they can run a first rate surgical facility and pay to fly those in need of major surgery there (when it isn’t an emergency, of course).

    But no.

    We need “government” to do something, even if we don’t like what they do.

    It is pathetic really.

    I wish people would stop being so pathetic.

  10. @Scott from Oregon

    You are right !

    Even in “old Germany” , groups of doctors have organized their own “Krankenkassen” = Health Insurances.

    It works out MUCH cheaper than the state scheme .

    I mentioned here before that the wife of a friend of mine works at one of the ca. 1000 state insurance Cos. HALF DAYS , and earns more than the husband in his full time job.

    Once money becomes “public money”, it becomes worthless !

  11. Scott – Like it or not, the job of Congress is to legislate. They create laws. And government–if we are to believe the intent of our founding fathers and if we are to believe the myths that are force-fed us constantly about democracy, freedom, and representative government–is supposed to include US.

    Instead, we have a situation where people exclude themselves from government by seeing themselves as separate from it. That mentality helps the corporate crooks by giving them free reign to step in in place of the people who view themselves as separate from the gov’t, want nothing to do with it, and don’t demand anything from it.

    So I disagree with you: people are not pathetic for expecting government to function as it was established to function. I think people are pathetic for standing aside and allowing our system of government to be dismantled. If we keep it up, soon, we’ll have a system that looks more like China’s Communism 2.0. We’ve already tossed aside civil liberties, the rule of law, and the 4th amendment, so it seems we’re well on our pathetic way.

  12. @Mep:
    I don’t mind funding medicare, but I don’t like the mandate to buy public subsidied medical insurance. What do we do to get the single-payer?

  13. GEAB NO 37!!!
    http://www.godlikeproductions.com/forum1/message881027/pg1
    (English…hope it is a good translation)

  14. Scott – Like it or not, the job of Congress is to legislate.

    Go back and READ the Constitution where it says “all powers not granted… yadda yadda…”

    Are reserved for the STATES!

    OUR SYSTEM is faulty because it has become top down and not bottom up.

    The way to return it to bottom up when the top is disfunctional is through grassroots efforts, and that includes health care.

    The whole notion that government (and I am talking the American system here) is supposed to do everything and control everything is bullshit.

    Stop promoting bullshit.

  15. Great clip from Leno!
    Will Michael Moore support Ron Paul now that his eyes are open regarding Dems?

  16. Frances – I’m with you. On single payer, I believe that it order to get it, we just might have to sit back and watch the “system” fall apart even more. (Seems that oftentimes, we only do what’s right and practical once we’ve exhausted all other alternatives.) But there is a Kucinich amendment currently that would give states the right to set up their own single-payer systems. Whether that survives into the final bill is anybody’s guess.

    If you want single payer, the best thing to do is not let health care reform fall away from your consciousness once the battle over the current “reform” is done and people stop talking about it. Keep educating people about it, keep telling your reps that you want it, keep criticizing the current failed system, and join single-payer advocacy groups. There still is some time to make noise. Unions, health care advocacy groups, social justice groups, and people who want REAL reform are banding together to march on Washington. Still waiting on the date.

  17. Scott – I do not believe that the fed government should control everything. I do believe that there are some issues that it ought to respond to. On health care, I believe it’s the responsibility of the fed government to do something about the criminality of private insurance and to stop them from bankrupting the country. If all the fed gov’t did was put in place some regulations like a ban on recission and a ban on pre-existing conditions and left the form of the systems up to the states, I wouldn’t particularly mind that. What I would mind is if we had 50 states with completely different models for health care, because it would make things even worse and bankrupt us even faster. I like the idea of states experimenting w/ different systems. Truth is that we’ve had a lot of experimentation already, though, and not much of anything has worked to get costs down. I think the goal should be to find something that WORKS and apply it to all states.

    @ Stacy –

    You’ve GOTTA include the following link!!

    A snippet:

    You’d better sit down, folks.

    Article 31 of the Iraqi Constitution, drafted by your right-wing Bushies in 2005 and ratified by the Iraqi people, includes state-guaranteed (single payer) healthcare for life for every Iraqi citizen.

    Article 31 reads:

    “First: Every citizen has the right to health care. The State shall maintain public health and provide the means of prevention and treatment by building different types of hospitals and health institutions.

    Second: Individuals and entities have the right to build hospitals, clinics,or private health care centers under the supervision of the State, and this shall be regulated by law.”

    Read more at: http://www.huffingtonpost.com/mark-dorlester/guaranteed-health-care-in_b_280528.html

  18. So it looks like DJIA 10K and S&P 1200 next.

    Notice it’s only the US$ going down, the other currencies are sill holding up versus Gold.

    I guess the logic is to inflate the US-$-stocks’ market-caps to the devaluing US$-currency accordingly.

    Never thought they would really try this one !
    ;-)

  19. I feel compelled to salute us for establishing health care as a right in Iraq.

    USA! USA! USA! USA!

    http://www.youtube.com/watch?v=3l6TZqzzZtc&feature=related

  20. Look, they have everyone sharing the US debt! sucks…
    http://buttonwood.economist.com/content/gdc

  21. Oh well .. as nobody seems to be posting right now …

    New Jersey Poll: Birthers, Truthers, And The Anti-Christ — Oh, My!

    … Dave Weigel points out that one out of every three New Jersey conservatives think that Obama could be the anti-Christ. To be precise, 18% of self-identified conservatives affirmatively say that Obama is the anti-Christ, with 17% not sure. Among the self-identified Republican label, it’s 14% who say Obama has the number 666 hidden underneath his hair, plus 15% who aren’t sure. …

    http://tpmdc.talkingpointsmemo.com/2009/09/new-jersey-poll-birthers-truthers-and-the-anti-christ—-oh-my.php?ref=fpa

    Suckers Rally?
    http://www.youtube.com/watch?v=d1ihTR4NxsE&feature=sub

  22. Health car is not a civil right. We have a right to self determination. We have a right to choose to live in a way that will keep us healthy. We have a right to know and find out how to stay healthy. We have a right to finds ways and means that can help a sick person become better. It is not the role of government to take money from one person who is healthy because they are health conscious and give to another who disregards his health and pay that persons medical bills. Now if that healthy person wants to help others on his own volition, he can, or not. That is his right. To force people under penalty of law to pay for sickness is not freedom. Giving more power to government even for something that sounds socially responsible like health care is still eroding freedom and the right to live a be a free people.

  23. @Youri .. very nice link / Economist

  24. “”Scott – I do not believe that the fed government should control everything. I do believe that there are some issues that it ought to respond to.”"

    Oh good lord!! You just don’t get it, do you? Nobody cares what you believe, IF it goes outside of the bounds of the law- which it does.

    If you agree that we are a nation of laws, then you have to abide by them or change them. So far, no one has changed the Constitution WHICH ARE FOUNDING PRINCIPLES!!!!

    You can’t lament the loss of 4th Amendment rights in one breath and then espouse ignoring what you choose about the principles we were founded on in the very next breath.

    (Well, you CAN, but that’s hypocritical, at best, and stupid in a nutshell).

    Whatever “system” you think is best doesn’t matter. What matters is following basic principles in plain English or TOSSING THEM OUT ALTOGETHER.

    The reason the US Federal government is such a mess is because they’ve been doing exactly what you’re trying to do– ignore the rules of law to meet their desires or to help others meet their desires.

    Once again, stop promoting bullshit!!

  25. Dodge the Coming Inflation Bubble http://bit.ly/ZSCor

  26. Nassim Taleb: Not at all. Central bankers have no clue.
    http://globaleconomicanalysis.blogspot.com/

    Why is Taleb saying this? Is he unaware that the central bankers are working according to the Plan out of BIS?

    Greenspan described it as the move away from paper currency.

    Central bankers are part of the pit orchestra directed by the Basel Committee.

  27. I can’t believe it–the Baucus bill is even worse than I was expecting it to be. Reality outdoing my pessimism is really scary.

  28. Art Cashin from CNBC today:
    “if China wants to send a message to the US it can just sit out one of the Treasury-bill auctions… or two”

    That makes me LAUGH OUT LOUD!

  29. Black Swan’ Author Taleb Wants His Obama Vote Back

    “I want my vote back,” Taleb, who said he voted for Obama, told the group.

    The U.S. has three times the debt, relative to the country’s economic output, as it had in the 1980s, Taleb said. He blamed rising overconfidence around the world. U.S. Federal Reserve Chairman Ben Bernanke, who was appointed to a second term last month by Obama, contributed to that misperception, Taleb said.

    “Bernanke thought the system was getting stable,” Taleb said, when it was on the verge of collapse last year.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aBormXavA0xU

  30. @y’all
    really high quality…todays comments read so far bout 220…..in less than an hour so excuse me I am still digesting…just gotta say…realy liked the ‘joilet remembers’(phil?) I know I should of checked deep capture before so thanks to whoever posted the link I’m looking forward to finishing it later….oh and even clicked on one of Max’s links with no name the torture article was interesting even though a little badly written(IMO)….gonzo mentioned lewis and thomas paine after hearing one his quotes on university challenge t’other night I’ve been reading some of his stuff…what a dude…’lead, follow or get out the way’ a man after my own heart…..so to all y’all thanks some great stuff.
    ps youri as always I’m sure you posted something I enjoyed but in my haste I don’t always have time to click on all your links but will go back again later in case I missed anything…..phew

  31. @y’all
    don’t you hate it when two people you like and respect don’t get on..y’know….M and S…..no not Max and Stacy, Mep and Scott…hahuh….play nice….where as Mike and Snoot…I’d buy tickets to watch them two argue…sorry but it’s true.

  32. @jph
    spot on and spooky…have had my steel pulse 12″ on the recaw playah for weeks….revolution dub has been doin it!…round mine…out of the mouths of babes….Babylon is Falling!

    Steel Pulse – Handsworth Revolution

    I say the people of Handsworth, know that
    One hand wash the other so they say
    So let’s join hands my bredren
    Make the way for our children (our children, our children)
    And their children (their children, their children)
    Ensuring that they get life’s fair share of…
    Equality…
    Doesn’t justice stand for all
    Doesn’t justice stand for all
    Doesn’t justice stand for all mankind
    We find society putting us down
    Crowning us, crowning us, crowning us, crowning us
    A place of Evil, OH, OH
    Handsworth means us the Black People
    Handsworth means us the Black People
    We’re talklng now. Speaking Jah Jah language!

    It’s a long, long way we’re coming from
    To send this message across, across
    Its been hidden, forbidden, concealed, unrevealed
    Its got to come out In the open that -

    BABYLON IS FALLING
    BABYLON IS FALLING

    It was foolish to build It on the sand
    Handsworth shall stand, firm – like Jah rock
    - fighting back
    We once beggars are now choosers
    No intention to be losers
    Striving forward with ambition
    And if it takes ammunition
    We rebel in Handsworth revolution

    Dread town, dread town, dread town,
    Dread town, dread town, dread town,

    Dread we are for a cause
    Deprived of many things
    Experienced phoney laws
    Hatred Babylon brings
    We know what we got to offer
    We know what’s going on
    Don’t want no favours
    Cause there is still hunger
    Innocent convicted
    Poor wage, hard labour
    Only Babylon prospers
    And humble suffer
    They are brothers in south of Africa
    One Black represent all, all over the world
    Can’t bear it no longer
    Blessed wlth the power
    Of Jah Creator
    We will get stronger’

  33. Does Kucinich want to insure or ensure a democratic future?

  34. >>>US Health Care Emergency Style<<<

    Let's see, the guys who come to pick you up after you crashed your prius into a tree make $7-$8 an hour if they are private emts. Local Fire dudes would get maybe $25 an hour since they have a good line into the taxpayers wallets.

    Now when the guys drop you off at the Hospital, the Doctor who then looks over the work of the grunts, makes in the neighborhood of $125 to $150 per hour.

    Now whatever allows this reality is what needs to be fixed.

  35. Whatever it is in America which allows a private ambulance emt to make in the neighborhood of $8 an hour while the EMT Doctor at the Hospital makes $125 to $140 per hour, now that seems to me to be the problem.

  36. Boston launches flu shot tracking

    http://www.boston.com/news/local/massachusetts/articles/2008/11/21/boston_launches_flu_shot_tracking/

    Get a free RFID bracelet with your flu shot!

  37. Guest Post: Damien Hoffman Exclusive Interview With Alan Grayson

    …Congressman Grayson: They are performing a truly remarkable, surreptitious transfer of wealth from public to private hands. They are taking their ability to print money and shore up failed banks. They are simply stuffing money into the pockets of private interests.


    Damien: Congressman, what do you say to those who call your allegations a conspiracy theory?

    Congressman Grayson: Something I found very intriguing was the Semi-Annual Report from the Federal Reserve to the Congress. That’s a mother-load of secrets if you read it very carefully and ask the right questions
    ..
    ..
    ..
    Congressman Grayson: Super. This is the story of the millennium. There are very few stories you can ever write about where the numbers involved have 13 digits in them. I look forward to staying in touch.

    http://www.zerohedge.com/article/guest-post-damien-hoffman-exclusive-interview-alan-grayson

    Good short interview ; mentions that foreign CBs got the Lion’s share.

  38. @Klaos

    The Patented RFID Ink Tattoo http://tinyurl.com/l4a7ed

  39. Out of curiosity, I though to check up on just how the South Korean Won was doing.

    You can set the time scale to ‘monthly’ when the chart comes up and see how the Won fared against the $US in the last three years:

    http://www.tradingeconomics.com/Economics/Currency.aspx?Symbol=KRW

    Also, I had to rummage around to find this story again:

    Park Dae-sung, the South Korean blogger who was arrested in January and accused by the government of spreading false information about the worsening global economy, was found not guilty on Monday,

    http://blogs.wsj.com/digits/2009/04/21/south-korean-blogger-beats-false-information-charge/

    My apologies if its a repeat posting, its a great story and an object lesson against how the $US is trading.

    F6

  40. @frances snoot

    Yep, the real global banking politics are directed from the BIS in Basel. They coordinate the actions of the central banks around the globe.

    Recently learned that our Dutch central banker Naut Wellink played a very significant role in the BIS as chairman http://www.bis.org/publ/arpdf/ar2009e.pdf?noframes=1 but also is a CFR (Councel of Foreign Relations) member and Bilderberg member as well. http://www.bilderberg.org/2006.htm

    He supose to be a independent leader of the Dutch central bank and he never mentioned these other functions in his portofolio so in fact commited treason to the Netherlands.

  41. Holy Sheep DIP!!!!

    It looks like “Where’s Kenny Boy?” is going to be the first project from Pirate My Film to get funding…
    now standing @24%…

    only 908 reservations left…
    that’s <91 people @ 10 copies a pop…
    I predict it will get filled by Halloween
    Pack your bags and Camera gear, M&S…
    Next stop PARAGUAY!!!!
    :D

  42. WIkileaks fodder re Iceland, nation not grocery:

    http://www.wikileaks.org/wiki/Iceland_says_NO_to_Debt-Slavery

    By Notsilvia Night (The Peoples Voice)

    Here in Iceland people say, that if the country´s government agrees to give in to British and Dutch blackmail to pay the debts of the private internet-subsidiary Ice-Save of the private bank Landsbanki, we all will become Ice-Slaves. So public opinion is forcing the parliament to refuse unconditional debt-payments. According to a new agreement payments are only to be made conditional as a percentage of economic growth.

    Already a large group of international banks have come together to sue Iceland for full and unconditional payments. Joseph Tirado, from the British law-firm Norton Rose said that a large group of banks will be part of this law-suit. He did not want to give the names of those institutions neither would he say in what court the case would be heard. EU officials and others are threatening Iceland with international isolation..
    [...]

    ++++

    http://www.wikileaks.org/wiki/Iceland:_what_ugly_secrets_are_waiting_to_be_exposed_in_the_meltdown

    By Rowena Mason (Telegraph (UK))

    Almost a year since the collapse of the Icelandic banks, the rotten nature of these financial corpses is slowly beginning to emerge.

    For months rumors of share-ramping, market manipulation, excessive loans to their owners and unusual transfers off-shore have been circling Kaupthing, Glitnir and Landsbanki, whose failure last October left 300,000 British customers unable to access their money. It has now become clear that this was no ordinary crash. Iceland’s special investigation into “suspicions of criminal activity” at the three banks is likely to stretch from Reykjavik to London, Luxembourg and the British Virgin Islands.

  43. Don’t forget about the CAYMAN ISLANDS

    Swiss is still the center of the Rockefeller and Rothschild major money empire.

    “8,282 of 9,800 hedge funds operate from the Cayman Islands”.http://tinyurl.com/68c9hy

    No suprise here! OECD Puts CAYMAN ISLANDS On Tax ‘White List’ http://www.hedgeco.net/n/11261

    Tax haven ‘white list’ excludes UK centres http://tinyurl.com/qfv92s

    BakerPlatt Chairman Questions EU Money Laundering ‘White List’ http://tinyurl.com/qepwa4

    See also: The Easy Days Of Wall Street Are Over by Bob Chapman, March 18 2009 http://tinyurl.com/d27tlu

  44. Switched some links here the correct reference:

    8,282 of 9,800 hedge funds operate from the Cayman Islands”

    From: The Easy Days Of Wall Street Are Over by Bob Chapman, March 18 2009 http://tinyurl.com/d27tlu

    The Size of Derivatives Bubble = $190K Per Person on Planet http://tinyurl.com/68c9hy

  45. @max power

    Just pointing out that this occurs as a matter of course in New York, and London, not just Rekyavik.

  46. RE: Max Power’s post

    If China can flip the bird to the world over derivatives, then Iceland should have the right to do the same…

    in other news,
    Where is Kenny Boy, anyway?
    Was he cremated?
    Will M&S need .357 Magnums on their tour of duty in Paraguay?
    (cuz .50Cal Desert Eagles are over-rated pieces of Machismo Garbage…)

  47. Scott – You can call bullshit on me all that you want. The fact of the matter is that we’ve been debating health care policy in this country for 100 years now, and the system is nothing but an expensive, criminal, unsustainable piece of crap. I like bottom-up movements and actions as much as the next person, but IMO, where health care is concerned, what you’re promoting is a total pipe dream. C’mon . . . do you think that people in this country have any idea of who their freaking state-level reps even are? Do you think that states have the time and resources to spend crafting their own forms of legislation and implementing reforms on their own? Think that if the answers to those questions were yes, yes, and yes it would make sense to first make an effort to figure out if states all doing their own thing would make insurance more or less costly for us as a nation? Health care costs are projected to top $4trillion in the US by 2016:

    http://www.washingtonpost.com/wp-dyn/content/article/2007/02/21/AR2007022100524.html

    You really think that piecemeal state-by-state tinkering is going to prevent that? If so, you’ve got more faith in government than even I do.

  48. About gold…glad to see it up despite saying it would get hammered. In the past they had elevated gold prior to the G20 meeting and I thought they would do the same and then surpress it after the meeting…then with all the massive gold shorts and other news I thought they were going to do something out of the ordinary…..It is back up again so they may hammer is after the meeting like last time.
    Make no mistake…..until forces cause a comex default….they will put gold where ever they want to with exeption to the going below the ‘real’ physical price which is in the vicinity of 915 ish.
    They will hammer it make no mistake.

  49. On Kucinich’s health care warning article: This sounds very similar to the way car insurance is handled in the US and if you are caught without it you get a fine. The difference I see is that no insurance is necessary if you don’t own a car. So what happens when someone is unable to pay the fine for not having health insurance. Will they send them to jail or accumulate late fees? In Obama’s speech he mentioned something about provisions for people suffering unemployment or financial struggles. I’m not sure this will work for health insurance. Does it really do anything to improve health care? The one thing that stands out to me is that it insures the providers will collect premiums and maintain a margin.

  50. What a crock, the insurance co’s lobby for turf and SEIU lobbies for turf. Where is the mention of the corrupt mafia SEIU takeover of healthcare, in bed with Obama. These guys are criminal thugs. Once the unions get control healthcare costs will skyrocket. Criticize the Insurance companies all you want but your missing the SEIU gorilla in the room. The cure that is worse than the ailment.

    http://online.wsj.com/article/SB10001424052970203440104574400571702189240.html#articleTabs%3Darticle

  51. The push on global imbalances is motivated in part by the US belief that high savings rates in emerging economies with export-led growth models helped to foster the financial crisis by creating a global savings glut that depressed borrowing costs and induced excessive borrowing by US consumers.

    That assessment is contested by officials from high-savings nations, who argue that the problem lay in the misallocation of abundant global capital by mismanaged and badly regulated financial sectors in New York and London.

    The US believes that the Chinese leadership shares the goal of growing Chinese consumer demand, but is hoping to speed up the process. While the US is unlikely to pick a fight over China’s currency, behind closed doors officials continue to argue that appreciation of the renminbi is an essential part of the global rebalancing that needs to take place.

    From: Deal on global imbalances sought at G20 summit http://bit.ly/ZD9Vy

  52. @Mike King

    How does the “Beijing Put” and Price of Silver factor into your Hypothesis?

  53. In a matter of a few days Obama, Geitner and Bernanke all say economic outlook is getting better.
    The lads are really talking it up lately.
    Surely a sure sign they are shitting themselves behind the scenes.

  54. @Youri

    It’s rather amazing how Communism evolves into Hyper-Capitalism, no?

    After all, that’s one of the main factors that fucked the USSR…
    sending Iron Chandeliers back’n'forth across the Old state on trains…
    for nothing but numbers on paper…

  55. In order to avoid getting bogged down in an argument about the past, the US administration wants to focus on the need for more balanced growth coming out of the crisis.

    Youri: from the FT trade imbalance article. Guess that means that no one will be tried for their crimes…no arguments about the past!

    Balanced growth sounds very like colonialism to me.

  56. The membership of the G-20 comprises:
    the finance ministers and central bank governors of the G7, 12 other key countries, and the European Union Presidency (if not a G7 member)
    the European Central Bank
    the Managing Director of the International Monetary Fund
    the Chairman of the IMFC
    the President of the World Bank
    the Chairman of the Development Committee
    http://en.wikipedia.org/wiki/G-20_major_economies

    That’s our world government. UN acts like a congress.

    Looks like the ECB outranks Fed Reserve.

  57. It appears our governors are members of a banking cartel.

  58. It’s interesting how even Wikipedia forgets about the BIS and the Basel Committee.

  59. Go gold…rah rah.

  60. @frances
    just read some stuff I missed…sorry for delay….Why don’t I think the end is nigh..coz I think it’s worse than that!
    @…..oh yeah. oojeemaflip..13 thingys
    ..smelly hippie?…..wrong gen..not really old enuff but cheers a nice thought (am actually too old to be a hippie).

  61. Fuck Gold

    GO SILVER !!!
    The Po’ Man’s commodity
    (or Copper if you’re in China, hoarding a tonne of the shit in your wattle ‘n daub farmer’s hut….waiting for the price to hit $10/lb so you can buy some seed’n'chickens… maybe a piglet… the Chinese LOVE their Pork, y’know)

  62. @Giuseppe Bagoshite

    I think what probably destroyed Russia was corruption and lack of good organisation and competition whitin the system. Had not so much to do with the west.

    Now America will detroy itself for the same reasons.

    @frances snoot

    America has been talking a while now about the request of a 30% + Yuan aprecation but what will that do? If it’s only to let China buy more funny dollars only cheaper this time it won’t work. In fact they don’t need the apreciation cause they can buy anything they want anyways and it would hurt their export position. The dollar is getting cheaper anyways so it seems to me of not much help. The fundamental problems lay in the American financial sytem and it looks mor like a reason to point the finger at China to disquise there own mistakes. The Americans are to freakn blindsided.

  63. @Youri:
    They are working on trade imbalances. The currencies are superfluous. You linked the article! They want men to focus on the tangible to distract from the intangible.

    The currencies will operate like defacto tariffs, if China cooperates.

    Okay, Youri. Explain about the Vatican gold.

    That video was interesting! Why are men so fascinated with gold? Can anyone break that spell?

  64. These G20 people are a riot. Who died and made them King? Seriously on what grounds do they any authority to dictate policy to any sovereign country?

    Nice job Pittsburgh, way to stand-up!

  65. @Youri:
    I think Mep astute observation about Americans is correct. The Americans don’t even know their elected officials names at the local level. The states are bankrupt. The counties are bankrupt. The cities are bankrupt. The households are bankrupt.

    Oh, and Americans are not very stoic or very adept at suffering.

    The entitled people of an entitlement nation are in for the shocker.

  66. @Stephen:
    Hi!
    They hold legal deed to the land through old contractual law, and they own the currency.

  67. @ Coby – More on the Baucus/Wellpoint bill:

    http://www.msnbc.msn.com/id/3036677/#32885811

    This guy is beyond disgusting. Max should add him to the list of people to go after under RICO. Isn’t he, after all, colluding with PhRMA and the insurance cartel in an effort to defraud the American people on a grand scale?!

  68. @Youri…

    RE: Corruption and Disorganization…

    So you agree with me then???

  69. Youri:

    Triumvirate:
    ECB=EU
    IMF=US Treasury
    BIS=Vatican + 13 families

    Close?

    What do you think about the fasces about the UN symbology?

  70. http://mba.yale.edu/news_events/pdf/financial%20conf-paper%2011.pdf

    Naked Short Selling: The Emperor’s New Clothes?
    by
    Veljko Fotak
    Vikas Raman
    Pradeep K. Yadav1

  71. @frances snoot

    Who is they? Cause the Chinese are allready on the tangible they don’t need an apreciation. I mean what do the Americans think? China is gonna worsen it’s export position and buy more worthless dollars so the US can go on with funding the army and encircle China? Do they realy think the Chinese are that stupid?

    Half of the American GDP funded by China goes into the war industry. If I where China I would say Fu::k You and first solve your own imbalances in spending money only to Fu::k up the globe. You must be very retared to go for that sceme.

    If America says OK than we going to attack you than China dumps the dollar and it will be a very short war. Besides all the computer models show that America would end on the short stick especially now they made many enemies. Russia would join China and even the Saudies could easily change friendships. The Japanese are also fed up with they Americans so than it would be a crazy satanistic throw some nukes war with also a devistaing outcome for the Americans.

    Any angle you look at it, the Americans lose but they still don’t seem to fully understand this in their hubres. Asking China to apreciate is also very hubres and won’t happen.

  72. @youri
    Just my 10 cents worth….I don’t think the big boys will go to war….I think they can fight each other in less obvious ways as recent war games suggest… financially…internet skullduggery…propaganda… black ops/terrorism etc.

  73. @Youri:
    I have absolutely now idea about China: I don’t think the press we get is true. I think the IMF is involved in trying to rachet the US export market for US corporate interest. But I don’t know what is going to happen! It’s so sad living here. The whole country feeds into the war machine: not many question it.

    Seems the powers to be are they, but I don’t know names. Trichet was the operator behind the basel ii fiasco. We only see the puppets though I think some of the operators have Lord and Lady in front of their surnames.

    What about Israel? Pakistan and being a recognized state? Seems that the UN security council wants to start trying war criminals at the Hague and use this as excuse to call Palestine into being. To me this is the crucial tinder in the box.

    Depopulation will occur as soon as “they” feel they are losing control. This is what the ptb will call war: mass planned killing.

  74. @youri
    I kinda think…it would need more justfication than ‘money’ for america to be able to attack china!

  75. @Mr Supergeek

    Yep, Proxies. If I where Russia I would give them Talibanz some nice stingerz like the Americans did against the Russians. Than this whole drone war would come to an end quickly. Americans would lose a part of their Air superiority that’s how the Russians lost the Afghan war.

  76. @Mr. Supergeek:
    My guess is that China will be sucked into the vortex trying to sort out their forex reserves with the IMF laundry services. AND the large male population will go a-warring. Genghas Kahn rides again?

    Interesting how the saddle of Europe was never violated through the Caspians.

  77. That reminds me of that Dutch science dude I saw on tv about “Tumble Moment”. If you have a half glass of water than you can tumble this glass for quiet a while befdore the water comes over the edge. Till that moment you notice nothing. But if that wtaer reaches the edge of the glass suddely the water comes pooring out. Or the last drip that flows the bucket.

    Same with the US until now it all seems reasonable but this moment of the last drop whil come. Also inpatients of the other countries being bashed by the US all the time. Do this do that, apreciate your coin. There comes a moment that surrounding countries being very stoicin at the moment lose their patients.

  78. Israel not to cooperate on Gaza inquiry: will the UN security council supercede sovereign authority?
    http://www.nytimes.com/2009/09/17/world/middleeast/17gaza.html?ref=global-home

  79. @youri
    In some ways peace is more damaging to the big boys anyways….send out some peace envoys…hit em in the pockets..that is the best way to mess us up…..BTW you can read that as us or u.s. it’s all the same to me.
    @frances
    interesting…I’ve never seen Ghenghis spelt with an ‘a’ ….seriously I’m not sure that is the chinese way…they usually like to keep stuff ‘in house’ because they do know how to keep a lid on the population better than most countries….damn I think I’m gonna have a nose bleed, I haven’t ever been this serious before!

  80. btw This Dutch scientist was called many times by American economists cause they wonna know when their own created mess comes on tumbling down on them. This “Tumble” event most likely will happen in the economical sense.

  81. @Mr. Supergeek:
    LOL!!!

  82. http://ballotpedia.org/wiki/index.php/Grants_Pass_City_Council_recall,_Oregon,_2009

    Anybody have a problem with their reps? Fuck ‘em and recall ‘em!!

    THE WAY THE SYSTEM IS SUPPOSED TO WORK IN AMERICA>>>>

  83. @frances snoot

    Yep, one could see this one coming from miles away. That’s the NWO plan from 3 years ago which leaked from the Bilderberg meetings. Destroy all the little fish and build a solid tyranny.

    Besides many predicted that 50% of the banks would go down anyways in 2010. It’s all so predictable but the Americans donnow their head from a hole in the ground even when you show them the gaschambers, FEMA camps.

    They just keep om watching idols waiting for the FEMA bus to pick them up for a final ride to the FEMA camp the “Endlösung”

    Goddam this pisses me of, the ignorance, the mindlessness. And I don’t only mean that for America. Even German people who survived the war and are still with us are warning us. What more do you need?

  84. Danny told us: money is love and love is money.

    Works for me.

  85. GOOD GOD I’M STARTING TO SOUND LIKE A DEMOCRAT!!!
    :)

  86. youri

    what ‘destroyed russia’, as you put it, shouldnt be blamed on just general ‘corruption’; there are specififc factors far more significant than that. …

  87. Goldman Sachs can’t destroy these banks by shortselling and that pisses them off. Now there are looking for other, regulatory ways to destroy them, basterds!

  88. @alister

    Well spill them on my picky brain than.

  89. @@alister

    btw I didn’t say just only corruption. I said lack of competetion within and bad organisation next to corruption. If you wonna quote me do it correctly please.

  90. @Scott from Oregon

    Who are the good and the bad guys here? (Forget about the ugly)

  91. @frances snoot

    Danny said: “money is love and love is money.”?

    Is he connected to prostitution or somtin cause that’s what I always hear these down town hookers say?

  92. Apparently Warren Buffett has some influence…..

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aF06jq8sMfeY

  93. WL: “What a crock, the insurance co’s lobby for turf and SEIU lobbies for turf. Where is the mention of the corrupt mafia SEIU takeover of healthcare, in bed with Obama. These guys are criminal thugs.”

    Schwarzenegger demands ACORN investigation…
    White House distances from embattled group…

    Can ex-patriot Americans like Stacy be any more clueless? I don’t think so.

  94. The BBC has missed the whole issue of the healthcare debate!! I

  95. Fitting that the Governator would join the campaign to drag an advocacy group for the poor and working poor through the mud. The last thing any of us want is for all of America’s newly poor to have any representation or means of putting their lives back together! Besides, it’s not like Ahhhrnuld has anything important to attend to in California.

  96. Sorry, off health for a sec.

    Schiff on inflation/deflation – All depends what you measure it by, gold or $US.

    http://www.youtube.com/watch?v=-7fPh7wEyI8

  97. Oh, that Schiff thing is old.
    ….and the answer is……..

    http://www.youtube.com/watch?v=QDJHNo2hRwA&feature=related

    Thanks guys.

  98. @Mep

    Are you seriously defending a child-whoring pimp assistance organization because someone with a German accent says enough is enough? You do know that he rope is being boiled for you and your ilk as we speak don’t you?

  99. Wow gold up to $1020/oz. How high will it go and will it come crashing down to the 900 level soon?

  100. Recent Investors Business Daily Poll – 45% of physicians would consider retiring or closing practice if major health reforms are enacted.

    Great! So we get reform and all the physicians are going to opt-out. Did anyone ANYONE think about the fact that the physicians may just decide to opt-out.

    Sure we are forced into this great experiment with this hyper-efficient government that we have and did anyone think about the consequences of disincentivizing the primary caregivers?

    Last I checked we had a nursing shortage. We have had a nursing shortage for 20 years. And now we are going to make it more disinteresting by making it more beauracratic for the physicians and nurses.

    How about first getting government out of the way and force more competition among states and allow insurers to compete across state lines.

  101. with regards to ACORN the disinterest in the age of the girls is very wrong but otherwise they seem to proved the same service to the poor as accountancy does for the rich, to find loop holes and use them.
    the level of fraud is less than the losses due to rich salting money away in tax havens.
    same as it ever was…. you defraud £800 in benefits and it fine/jail if it’s 800 million then nothing or a job advising on tax policy.

  102. Isn’t it risky to make being BONKERS socially acceptable? Oh dear, Japan.. http://tinyurl.com/mad7ut

  103. @gonzomarx – good point, yes, many americans (and other nationalities, too I might add; UK for example) get far far more angry if a poor person defrauds government of $100 than if an oligarch defrauds same government of $1 trillion

  104. @stacyherbert
    indeed, as seen by the contrast of the Department of Work and Pension’s fraud team and the lackadaisical attitude of the FSA.

  105. @Scott from Oregon – good idea, however, most such systems are illegal in the US; you aren’t even allowed to do something for ‘free’ for someone

    @Leroy – what about the child with MS or leukemia or sickle cell anemia or the person who is walking down the sidewalk and part of the building falls on them or a car drives off the road and into them? I have a doctor friend who worked in A&E for a while and often spoke of the ‘healthy’ people, like the 45 year old vegan, non smoking, non-drinking jogger who suffers a heart attack; while, yes, you can avoid obesity and many cancers and I do agree that these self-inflicted health problems do cause much debate in places like the UK; there are just too many random health problems that are just part of nature

  106. @frances snoot

    You just gave me a wonderfull idea to tie up the loose ends. The only ones you had forgotten to ad to this oquesion is the Nazi’s than it fit’s perfectly together. The vatican got some of that Nazi money after WOII. The Vatican also helped to get the Nazi’s to south America with the help of the Dutch flying compagny the KLM.

    The Bush family got their wealth from laundring Nazi money into the States. So what they are gonna do is bring the Nazi connection from south America and America together. Todays Pope was in the “Hitler Jugend”. Goddamn this could be a book better than Dan Brown’s, you see?

    Within NASA you have three groups, the Nazi’s, The Masons and the Magicians.The last group would be me cause we do all the remote viewing stuff and all.

    So to get back at your oquasion again:

    ECB=EU -> Germany -> Old Nazi’s
    IMF=US Treasury->Bush Nazi’s – Masons
    BIS=Vatican + 13 families-> Nazi’s – Masons

    Martin Bohrman got away to Chile but later probably got to Argentina or Brazilia where there are the old Germans and the new ones, the Nazi’s who arrive after WOII.

    Magicians are at the top of the Pyramid but you have two kind of Magicians. The evildoers, the satanist who are used to devide and conquer, stir things up, put tribes against each other. Than you have the good Magicians THE FORCE who have to heal the mess together with some Nazi organisation tallent.

    What do you think snoot?

  107. @Stacy,……Re: leroy,……so you’re using the “lifeboat case” debate,…same old argument tyrants use to gain control over the masses,…..pathetic!

  108. The US doesn’t want to do business with Venezuela? Fine, China has no problem

    http://ca.news.yahoo.com/s/afp/090917/business/venezuela_china_oil_industry

  109. @Obladi oblada

    Princess talks with Prince Leo Lyon Zagami of Santa Elia, Sicily (I lluminati who game out)

    Princess Nakamaru of Japan – part 1 of 3
    http://www.youtube.com/watch?v=bb0hA1A5N8A

    Princess Nakamaru of Japan – part 2 of 3
    http://www.youtube.com/watch?v=NE6fcOjO1wM

    Princess Nakamaru of Japan – part 3 of 3
    http://www.youtube.com/watch?v=Mp-hJXZ3J2s

  110. Satanist Dick Cheney and Rockefeller & Co. (The Dark side)
    http://www.youtube.com/watch?v=SiMiMuMqXrE

  111. @Youri:
    I think you should write a book.

  112. Youri:
    You were confused earlier with the love OF money and love IS money. Currency being a means of exchange for services, the idea of love is money would include learning to trust one another not to degrade one another for selfish carnal pursuits. The prostitute is degrading the customer as well as the customer degrading the prostitute. The term “filthy money” would apply here.

    The choice NOT to degrade one’s ideals or self for money is the encapsulating idea behind my choice of ‘love is money’.

    Will man ever reach this happy state? Utopias seem to flee on the heels of all well-meant intentions.

  113. (Yes, Youri, I think the Eagle idea was behind the words in the Vanity Fair article describing Paulson)

  114. @Youri carma …” Satanist ”

    Just in … from FKNNewz !

    Bohemian Grove

    http://www.youtube.com/watch?v=DGXZp2b-4UE&feature=sub

  115. Corporate Corruption Killing America

    Obama is no more of a real reformer than any Republican. That so many on the far right think he is a socialist is laughable. He is nothing more than a defender of the corporate-owned two-party plutocracy. To see anything else is pure delusion. The US is being flushed away. A populist Second American Revolution is the only way to save the nation. It will not come from the efforts of anyone that is a Democrat or Republican.

    http://www.informationclearinghouse.inf … atrick.net

  116. Health Care is a distraction and so … so irrellevant to coming collapse of the world financial system…. Personally I read none of it….it is a waste of time in relationship to the REAL issue.
    Personally I would not even consider putting this type of information on this website…. useless …. useless….. useless.

  117. “@Scott from Oregon – good idea, however, most such systems are illegal in the US; you aren’t even allowed to do something for ‘free’ for someone”

    Ummm, over-regulated, yes. Illegal? No. Not unless you know of some law I am unaware of.

    There will be lots of hoops to jump through, making it difficult to self-organize (the same way it is for third party candidates). But the system isn’t that draconian yet.

  118. @Mike King
    I wholly agree. To replace the above links, here is the only one Americans really need to concern themselves about:

    45% Of Doctors Would Consider Quitting If Congress Passes Health Care Overhaul
    http://www.investors.com/NewsAndAnalysis/Article.aspx?id=506199

    I quit when medicine was placed under State control…Do you know what it takes to perform a brain operation? Do you know the kind of skill it demands, and the years of passionate, merciless, excruciating devotion that go to acquire that skill? That was what I would not place at the disposal of men whose sole qualification to rule me was their capacity to spout the fraudulent generalities that got them elected to the privilege of enforcing their wishes at the point of a gun. I would not let them dictate the purpose for which my years of study had been spent, or the conditions of my work, or my choice of patients, or the amount of my reward…Men considered only the ‘welfare’ of the patient, with no thought for those who were to provide it. That a doctor should have any right, desire or choice in the matter, was regarded as irrelevant selfishness; his is not to choose, they said only ‘to serve’…Their moral code has taught them to believe that it is safe to rely on the virtue of their victims. Well, that is the virtue I have withdrawn. Let them discover the kind of doctors that their system will now produce…It is not safe, if he is the sort of man who resents it–and still less safe, if he is the sort who doesn’t.” (Ayn Rand, Atlas Shrugged, 1957)

  119. Richard@lattitude30N

    @Youri @ snoot—ditto…”write a book”….call it: Modern Living in the 21st Century….