Obama says big penalities if you don’t pay toll to insurance companies

Stacy Summary: America has a huge problem with their health care system and that’s obvious to anyone who has traveled to most other countries.  But why oh why does fascism always have to be the answer in the US these days?

Share this page via FacebookShare this page via Twitter
Buy Gold Online

108 Responses to Obama says big penalities if you don’t pay toll to insurance companies

  1. FIRST LOL man i am faster with my Whysky RODFL

  2. If politicians panic they resort to fascism.
    2nd

  3. You are aware that the IMF is setting up a new financial regulatory order through the G20

    I cant wait till G 20 gets on Facebook RODFL

  4. @Stacy ,, such penalties are already in place in Germany FWIW.
    A friend of mine was forced to give up his self-employment to get a regular low-paid job, because he could not otherwise have afforded health insurance.
    Even worse, was the Pension scheme here… they introduced – like in the UK ( IR39 IIRC ) – a new law to force freelancers that get more than 90% of their revenue from one customer to be deemed “an employee”, and thus had to pay massive “back-payments” ( 4 yrs ) for the state’s pension and social security system.
    That article posted on an earlier thread about the USSR lauging at the now communist Europeans was my impression as well .. that the state likes to discourage entrepreneurs and free capitalism because having “employees” ensures a more secure state-income .
    Totally obnoxious of course .

  5. Well duh…

    Single payer is a form of fascism, but it at least doesn’t really “abet” corporate interests…

    It simply puts everyone under the same umbrella.

    Our government is setting up a system that shovels money uphill.

    Same ol’ same ‘ol…

  6. And the Afghan Chicks are so Hot n the Stupid USA is carpet bombing them i think its Looks eny and Opium and the Oil Pipeline

  7. *envy correction

  8. Richard@lattitude30N

    @Sherbert; a very serious question: “Why does fascism always have to be the answer in america?”

    The PTB must have the actuaries working overtime to calculate the minimum they can pressure the masses with increases in all fees, fines, taxes, insurances and the like…before the “pipe bursts” ….they are systematically putting americans out of business…and hiding behind the laws they create to distance themselves from the masses….again Thorsten Veblen was effective in his writings in the early 1900′s when he stated that the human psyche EMULATES the wealthy and is predisposed to permit the elite to advance their cause while subjugating the rest of us( unlike the popular communist and socialist theories of the day )…fermenting a mass revolution is almost impossible as there are those like Thom Hartmann who though a former SDS functionary in his youth propounds the method of change is from within..so he suggests join a political party…as a amateur anarchist I disagree…Regardless what actually drove Charlie Chaplin to migrate to Switzerland in the 1930′s??Wasn’t he driven out???

  9. I’ll Put an End to allya discussions i use to work for Dell as a sales guy i was asked to work 15 days continious everyday 8am to 8pm ,n the fuck up is if i did’nt do it there were 15 guys ready to replace me here in India Bangalore. I saw the Dell factory and it’s JIT business model Dell factory in Sri prembudur Chennai has a capcity to make 2000 Computers of different configurations and can send it to 2000 different locations a day LET ME REPEAT THAT A DAY and guess howmany people were involved in that operation 18 people guess thier salary 80 $ a month they could sell thier Computers for 200 $ but they dont wanna kill the market :-)
    If anyone is interested i Could give you the whole Dell Business Model. :-)

  10. 18 people on the factory floor ie being paid 80 $ a month

  11. “I think the general broad principle is simply that people who are paying for their health insurance aren’t subsidizing folks who simply choose not to until they get sick and then suddenly they expect free health insurance. That’s — that’s basic concept of responsibility that I think most Americans abide by,” Mr. Obama said

    LMAO where was that thinking with the banker bail outs …

    “I think the general broad principle is simply that people who are paying (bankers ineptness) aren’t subsidizing folks who simply choose not to until they (become insolvent) and then suddenly they expect free (taxpayer bailout). That’s — that’s basic concept of responsibility that I think most Americans abide by,” Mr. Obama said

    oh wait that was a matter of National Security … different rules for the masses apply under them there situations …

  12. so 2000 comps X 30 days at the cost of 80$X18 people
    with an average comp retailing at 400$ do the Math i am prity sure the people here at this site can do the math
    Also Dell has an understanding with its Suppliers that they dont pay them till 45 days later RODFL

  13. @Bonn … it’s not just Dell of course !

    Singapore, Taiwan etc. for all sorts of products.
    Japan’s work was outsourced to these countries years ago as well. The joke is that many Taiwan Cos. are now holding the leading edge in tech.

  14. This is really simple logic that anyone can understand if they think about it: The government has now said to its free serfs that they can spend the money the government has allowed them to use any way they choose, as long as they spend it the way the government tells them to. And if they don’t choose to spend it the way the government tells them to, then they are free to spend it another way, by paying the government a fine. And if they don’t like that choice, then they are free to spend time (for free!) in a government work-tank-reeducation center, where they will be free to think about their freedom and how wonderful it is to be free.

  15. Hell the Dell Factory coud’nt have cost more than 40 million dollars to make here in India n i guess thier capacity should be 8000 units per day by 2011

  16. @Will:
    Nice analysis!!!

  17. Do livestock have the right to defer veterinarian treatment? Why should sheeple?

  18. Because that’s about all wez gonna get with the .gov coverage: that’s why they aren’t testing the masses for swine flu before shooting them up with the vaccine.

    baaaaahhhh.

  19. @ Phil
    Trust me its lot cheaper here
    I have been to the Factory.
    N Singapore factory use to supply to India Till early 2008 Mr Micheal Dell found it cheaper do make the comps in India . Kinda was well connected but got an awakining i aint gonna be part of this stupid Rat race my Bros class mate died of cardiac arrest at 37
    He was a director at Deutche Bank clocking in 12 to 14 hours a Day.he had 2 Kids
    But R&D will remain in Places like Tiawan ,

  20. warburg sidney

    flu at ukraine, to be continued,

    WHO Silence on Ukraine Sequences Raises Pandemic Concerns
    Recombinomics Commentary 19:01
    November 9, 2009

    http://www.recombinomics.com/News/11090906/Ukraine_WHO_SS.html

  21. @Stacy

    A better question may be: What happened in Germany that they abandoned it..

  22. the drug and insurance co.’s are getting rid of the IRS middleman and taking money from the pockets of Americans directly with this new health bill.

    Of course most Americans will have to borrow money to afford the plan – giving Wall St. a chance to package a sell ‘health insurance coverage collateralized bonds’ to each other for a few years before it’s revealed that the leverage involved is unsustainable – after which the creditors (wall st.) will get another bail out and the debtors (the people), will get stiffed.

    The only way to stop the madness is to go on a buyers strike and put some of these companies out of business.. Coke comes to mind.

    Cue Naysayers….

    Repeat.

  23. Too bad he missed out the Bailouts RODFL

  24. @Frances – analysis

    The final bill will be called the BOHICA Act of 2009: Big Overhaul of Healthcare Insurance Coverage for Americans. The fact that BOHICA also means “Bend Over, Here It Comes Again!” is a meaningless coincidence.

  25. n my bros is 40 he died 3 years back i belive Deutche Bank got 12 Billion Dolars from GS or AIG

  26. @Max

    A PMF title

    “Peonage Envy”

  27. @Bonn,…What the fk is Why sky,..is it like whiskey, but a bit more heady?

  28. @warburg

    It would be nice if the hemoraging story has independent confirmation. The WHO only talks about a more viruaent strain in the north west, but has no update or specific mention. If it is the plague (which is found in pigs in that region) then the pandemic will turn real ugly (mortality rate of 60%). There would be more posts in Russian langue media if that where the case, but I did not find that much..

  29. Hopey has just approved sending 40,000 more droids into Afghanistan. What a weak-ass stooge this guy is, pathetic. Of course if he refuses he gets the bullet in the brain-pan and he knows that going into the job. We are so far gone, this story will probably just be a fart out the backside of Wolf Blitzer over lunch hour.http://www.cbsnews.com/stories/2009/11/09/world/main5592551.shtml

  30. “hardship exemptions”.. what would that be?.. having an account at Goldman Sachs for $99.95 a month?

  31. Max is right about the IRS.

  32. @Max

    Don’t despair..

    Any plan that is funded by debt demonstrates it is not supported. If plans where any good the people would volunteer and donate to get it done. These days the selforganizing force of society has been sedated by copious amounts of corrupting and envy garnering fake dollar bills..

  33. @Bonn,…What the fk is Why sky,..is it like whiskey, but a bit more heady?
    My spelling gone South because of Google n MS Word RODFL
    But you gotta understand if u get the communication that enough I have read over 200 entertainment novels whe i was 16 – 18 so please Excuse me i am a Computer Sc. Engineer plus i could probably Hack youur computer but i dont really care what u up to i beive in Real Estate n thats where i am heavily invested

  34. Bend up the behind hasn’t passed the Senate yet. Maybe it won’t.

  35. MotherEarth is right about the deficit support for society….

  36. @buddhabob
    You mean Drones
    Not Droids

  37. YES WE CAN. DONTCHA JUST LOVE OBAMA?

    Wait till the mantra hits the streets in deficit lala StimulusLand.

    Yes: you can volunteer full-time.
    Yes: you can fork over 50% of your wages.
    Yes: you can wear appropriate attire to support the new puritanical regime.
    Yes: you can share your property with FEMA.

    ad infinititeenighteedightee

  38. @Frances – maybe it won’t pass the senate.

    Too much hopium, I’m thinking.

  39. Throughout the primary campaign last year, Obama consistently said one of the genuine, important policy differences between him and Hillary Clinton was that he did not support an individual mandate to buy health insurance. I know people who voted for him in the primary on this one issue. One example of many:

    Senator Clinton. . . believes that we have to force people who don’t have health insurance to buy it. Otherwise, there will be a lot of people who don’t get it.

    I don’t see those folks. And I think that it is important for us to recognize that if, in fact, you are going to mandate the purchase of insurance and it’s not affordable, then there’s going to have to be some enforcement mechanism that the government uses. And they may charge people who already don’t have health care fines, or have to take it out of their paychecks. And that, I don’t think, is helping those without health insurance. That is a genuine difference. – B.H. Obama

    And yet now, of course, as Jesse notes (Campaign for Liberty President), his administration is pushing to criminalize the act of not buying insurance, punishable with years in prison. This is the essence of social welfare and indeed all government power: The threat that those who don’t comply will be locked in a cage, and if they resist sufficiently, they will ultimately be shot. Ah, compassion. This is a great example of how “economic liberties” and “personal liberties” are one in the same, and of one more important campaign promise broken by Obama.

    This from Campaign for Liberty

  40. @Max

    If Coke was put out of business they would suddenly become systemically important . . . as American as apple pie and all that . . . the government would just buy controlling interest and mandate all military and school cafeterias stock Coke . . . its the Real Thing after all.

  41. Man We should pass a world Law that unless you above 40 you cant join the Army / Airforce or Navy
    That will solve part of all this nonsense
    Catch the fuckers before they have a family

  42. @DR. DICK:
    Where-ya-been?

    Remember what the fascist arm of the .gov was telling us in 2007?
    http://4.bp.blogspot.com/_oTwEGiup_Wo/ScO9Ow4jBwI/AAAAAAAAEhI/UvlnwyaM67k/s400/NW_spend.jpg

  43. warburg sidney

    m earth, the whole thing puzzles me too…
    I have an old friend over there I´ll try to reach…

  44. As a freelance artist, I am serious as a heart attack–I will not under any condition continue to pay for health insurance under these circumstances. Which means, the entire Obama-plan (Obamascare) shall definately cause mayhem in a fairly short time. So, things are definately going to worsten with any further reduction in jobs.

    Currently, each US city has just one designated Hospital or care center for the uninshured. When this changes, well, Mexico isn’t that far from here.

  45. @Max

    If Coke was put out of business they would suddenly become systemically important . . . as American as apple pie and all that . . . the government would just buy controlling interest and mandate all military and school cafeterias stock Coke . . . its the Real Thing after all.

    WRONG

    why coke?
    it’s the most vulnerable
    what?
    it’s stock trades a very high price to sales
    …enough fed up people boycott coke..
    hedge funds start to sell short and naked sell short the stock down
    …this gives confidence to boycotters who increase boycott
    …some actually short the stock themselves and make money for every coke product they do not buy
    …stock drops to new 52 week high.. company starts to panic
    …debate opens up about who’s in charge.. companies or people
    …boycott gets global attention – stock drops to single digits
    …stock drops to below $1 – tens of billiosn of dollars have been made by short sellers who give away millions to the victims of Coke in india as a way to get more attention for the boycott
    …the company goes out of business.
    …corporate american is scared.
    … the people have proved they have some power.

    politics in America changes

    CUE NAYSAYERS

    – lose jobs

    - helps hedge funds

    - not ‘moral’ enough

    - ‘I like coke’

    Repeat:

  46. what does this the Google Trends search result for ‘Gold’ tell us?

    http://www.google.com/trends?q=gold&ctab=0&geo=all&date=mtd&sort=0

  47. Sounds like total chaos ahead:
    http://health.usnews.com/articles/health/bernadine-healy/2009/11/09/why-health-reform-will-be-a-danger-to-passive-patients.html

    But not to worry! The only ones to suffer will be the health-care seekers!

  48. @ Max
    As long as insider trading goes on Economics 101 is outta the window
    SCAM after SCAM this will be known as the SCAM century RODFL= Roll on the Dance floor Laughing

  49. @Max:
    Can’t we boycott the IRS? Why do we pay those people? Wouldn’t that force the deficit spending to cease?

    Am I going to jail now?

  50. Hey Frances, here I have been. I just have nothing intelligent to input.

    I remember after 9/11 how Bush told people to go to the malls and these terrorists will not change our way of life and the American dream. Well, if shopping is American, count me out.

  51. Virtual world in trouble

    Electronic Arts has announced plans to make more than 1500 staff redundant by April 2010, as well as the cancellation of at least 12 games that are currently in development. At the same time, the publisher has just bought out PlayFish, developer of popular social networking games for around $300 million USD, according to Gamasutra.

    http://www.bit-tech.net/news/gaming/2009/11/10/ea-cancels-12-games-lays-off-1500-jobs/1

  52. The Underfundedmentalist

    My guess, is that attached to every one of these mandatory health insurance policies is a hidden life insurance policy with the state/corp as beneficiary. The larger corporations have been taking out life insurance policies on their healthier employees without their knowledge or consent for some time now. These new ferderally mandated yet secrect, life insurance policies will be securitzed into corp/state bonds then derived and sold until it will become more profitable to kill a million people than to control one million people, to use ‘some’ of Brzezinski”s words.

  53. I like it Baywatch just started again here RODFL

  54. They tax ya when ya work they tax when ya buy the state taxes ya the local government taxes ya they butt into your life all the aholes have to do is print the tax money and leave the people alone

    AUDIT THE FED END THE FED DUMP BIG GOVERMENT GO POUND F!@#$% SAND!!!!!!!

  55. SCAM after SCAM this will be known as the SCAM century

    @Bonn:
    Lay it all at the feet of the Pink Pimp President

    Youri’s link:
    http://www.youtube.com/watch?v=-_zKCUG20xs

  56. @Dr.Dick:
    “I just have nothing intelligent to input.”

    that never stopped me!!!

  57. I have an idea for a new video game

    “Central Banker”

    A virtual competition to slave and farm human production.

  58. Soldiers are eligible for discounts, perhaps this shipment
    of Taliban arms was donated by the insurance companies.
    It’s all about deductibles

    http://www.youtube.com/watch?v=4uj6sRlzgik

  59. Any stock can handed to the sharks by weakening a little bit to make it easy prey…Coke uses the addiction to its sugar high, its a drug, to lodge itself into the economy with destructive results…

    Reasons to buy gold (huffington post)
    - The holidays

  60. so far, corporate america and obama have priced ‘dissent risk’ in america at zero. This means you.

    i don’t see any meangingfull push back from Americans against the horrible fleecing their are being subjected to by obama and his cronies. All the ‘tea bag parites’ and ‘sit ins’ – when added up – translate into lost sales of the products used to oppress Americans – of exactly zero.

    the meat is cheerleading the meat grinder

    my take is that americans see protests as a way to get out and have block parties; drink coke etc. but have not yet taken on board the seriousness of the Wall St. – Wash. crime spree that sees anyone working outside of their circle as pests that need pest control (as I believe Stalin viewed his role as a politician).

  61. @ frances
    the earlier post of Ron paul on king world news
    Paul says that non payment of federal taxes will be the next thing that the people will do
    You may be sharing a cell with him!

  62. Laters people i am on my 5th Large Whisky as i was corrected wanna have my last 2 in peace while the world goes crazy’s goodnight n hope we beat these LUNATICS

  63. @Marietta:
    Well. If I am sharing a cell, I get the blanket.

  64. @PatrickEA – What does Google Trends tell us about gold?

    1. It’s flat-lining because most people are still brain-dead.

    2. The Roubini “Gold Bubble” is a figment of his imagination, probably from having eaten some bad caviar at the strip club.

    3. There is no fear…yet.

    It also tells us:

    4. Agent Smith and his associates are very, very busy.

    5. The Middle East is a charming holiday destination, where people go to watch various new experimental contact sports. Those who can’t go stay home and watch commentaries (but not the sports themselves, too graphic!)

    6. The green shoots have turned into a lush garden where everyone eats for free.

  65. Gold’s Stop Sign
    NEW YORK (TheStreet) – Jon Nadler, senior analyst at Kitco.com, says weak physical demand and potential slowing investor demand could put short term pressure on gold prices.

    http://www.thestreet.com/video/10624673/golds-stop-sign.html?puc=_tscrss&s=1#49613026001

    Don’t shoot the messenger … please !
    ;-)

    Of course, Cramer’s TheStreet is one of the best contrarian indicators IMO.

  66. “the meat is cheerleading the meat grinder”

    Quite a few Americans think the teaparty protests were silly. Wearing tea-bag hats and dressing like the Founding Fathers only marginalized the movement.

    The basis for any movement will needs be against those that wield the power of tyranny: the question being who? The teaparty protests only agitated the White House Dribbler Gibbs and some members of the liberal press.

    Why not take on the IMF: the G20 central banking corporate political structure? Isn’t the best way to do that a cessation of federalized control? Why not protest the meetings of the IMF central bankers. Forget the puppets now and forever. Forget reforming the system. Regroup around regional currencies and local markets.

  67. wish the market strategy on Coke were that easy for the Sheeple to comprehend. Unfortuately years upon years of Alfred Rosenberg styled propaganda have reduced the Sheeple to utter passivity. the relationship between product boycott and political power is lost on the Max, in fact it is unAmerican to them. It violates the myth they hold so dear, the myth of a free market and the myth of the market efficiency of the ‘winners’. We have lived in a corporate plutocracy for so long now that the idea of boycotting Coke to most worker-drones is the same as locking your grandmother out in the snow. Twisted but psychologically potent nonetheless.

  68. @maxkeiser – “my take is that americans…have not yet taken on board the seriousness of the Wall St. – Wash. crime spree…”

    True. But as Pavlov discovered, hunger, cold, and other uncomfortable experiences will cure this deficiency, this endemic blindness. What has taken years of indoctrination to achieve will be undone in a very short time-frame.

    Until then, “Party on, dudes!”

  69. Hunger will clear a lot ot minds…

  70. so i thought NHS was good in america according to max? is it good or is a way to force people to buy more insurance so the corparations, that max is supposedly against, can make higher profits?

    is it fascism? is it perhaps worse than fascism?

  71. @Max

    Re: Coke

    Sorry, I was being flippant. I haven’t had a coke in years. What you are asking is tantamount to the bus boycott in Mississippi. I think your idea brilliant but I believe it takes more than an intellectual awareness to get a concerted effort of that magnitude. People have to have some serious skin in the game to get motivated. Even though they already do, most do not realize it. Too many dots from here to there.

  72. @Phil the SPDR GLD (ETF) is not a good indicator for investor gold demand at the moment. A dude like Jon Nadler ought to know that.. and he talks about money supply (LOL), try toilettpaper! There are probably more money bills (choose your own currency) in circulation than sheets of toilett paper!

  73. “why oh why does fascism always have to be the answer in the US these days?”

    We’ve had a fascism since 2000, but it’s been on a gradient so the avg person hasn’t realized it until now. Thankfully there are so many outpoints that it’s hard to miss now. If Halliburton was in the health care or house building biz, we would have all the health and housing we could stand. We spend half a trillion dollars a year to kill other people in other places, perhaps we can reverse that vector and take care of our people.

    As for boycotting the IRS, that’s actually pretty easy. If you are a “subsistence farmer” basically working your own plot of land and bartering with neighbors, how much taxable income is there? Damn near nothing. It is easy to “disappear”, but not if you want to be a middle class working schmuck. You either have to change your basis to look “poor” accounting-wise or be so rich that this crap doesn’t matter.

    Trying to collect healthcare $$ at gunpoint will kill the bill in the senate, or it will be met with resistance or abandonment.

  74. @Mongo ..Thx .. I know.
    I just posted it to see the reaction ; your’s was the only one so far.

  75. Yeah, Stacy, it’s a fucking shame–especially because as things stand currently, there is NO true mechanism to bend costs down . . . meaning, it’s very likely that the amount of people who can’t afford health insurance will increase, not decrease, and I’m sure that plenty will fall between the cracks where they can’t receive a subsidy.

    I favor a simple insurance reform bill to get rid of pre-existing conditions and rescission at this point. Medicaid could be expanded to the needy, and money could be spent to build community health clinics where they are most needed. The rest is flat out thievery. And the most disgusting thing is that the range of thievery still isn’t good enough for the insurance industry.

    Before this process began, health care costs in the US were projected to reach something like $4.1 trillion by 2016. There’s still nothing in place to stop that from happening.

  76. …but once we have been rescued from the hunger and other nasties which break the programming, we will be ready for new, different programming! Yay!

    http://www.schwarzreport.org/yct/09ycttc.htm

    …In 1924 Leningrad experienced a major flood. Pavlov’s dogs were trapped and, for several days, were cut off from human help. When finally they were rescued, their muzzles were just sticking out of the water. For several days, they had been cold, frightened, hungry, and exhausted. After their rescue, the acute observer, Pavlov, noticed a strange thing. Some of his dogs went into a state of profound depression. They lost interest in food, and in the normal activities of a dog’s life. There was no barking and no rushing about. Their movements were slow and infrequent. To them life seemed to have lost its luster. Most interesting of all was the fact that in this state their conditioned reflexes were abolished. Pavlov found that he could then condition them according to an entirely different pattern.

    Pavlov applied the information thus accidentally discovered to experiments to destroy conditioned reflex patterns. At first he continued to experiment with dogs but during the last ten years of his life, man became his experimental animal. He developed techniques which could shatter the established pattern of human personality so that the fragments could be integrated into a new structure of memory, judgement, and emotion in line with the desires of the Communist craftsmen.

    The first step in the process was to bring about a state of breakdown similar to that experienced by the dogs. Pavlov called it cortical inhibition of the higher cerebral function. This is the state commonly known as a mental breakdown which has occurred naturally in humans for many years. Pavlov established techniques whereby he could cause an artificial mental breakdown. The four things necessary to bring about this state were present in the breakdown of the trapped dogs. They are exhaustion, confusion, chronic physical pain, and emotional tension or fear…

    {sarcasm on}
    I just can’t imagine anything like that happening in today’s wonderful society, where Gov giveth us everything we need and is always listening to our petitions.
    {sarcasm off}

  77. Marc Faber ….

    Further attempts to reflate will do nothing but create a currency crisis, crash the economy, and add to future liabilities that cannot be paid back. A global economic crisis is coming. When and how it manifests itself is all that remains to be seen.

    Agree on this one….
    Kind regards
    Marc

  78. @Phil

    Nadler is the best thing for gold investors…keeps people clueless

    He is currently having scrap with Peter Grandich. Peter challenged him to a live TV debate re gold but Nadler declined.

    http://grandich.agoracom.com/

    Personally, I think it is a waste, Nadler is a troll. Though I like a good scrap.

  79. @Will

    Thanks for the post. The psychological field is actually very sought after by Wall St. execs where they study social behavior and such. Obviously economics is a social science but the studies such as the one you have mentioned goes to show the conditioning that they (people behind the curtain, Wall st, ect.) have put onto the people.

    Like you said why would people revolt against there great government who has tried to give them health care reform and the ‘Credit Card bill of rights’ Big brother will always take care of the peasants.

    I still think its the lack of intellectual capabilities of the common public. Too many people interested in what Mariah Carey is doing on the red carpet or what not. People just dont care anymore. Even the political parties divide any popular consent directly down the middle. Republicrats

  80. Fascism is the answer these days because a fascist was installed as president under the guise of progressive “ hope and change.”

    I am down with the concept of shorting coke, but this is risky for the individual. I shorted google too early in 2007, was caught in a classic short squeeze; and I really thought I knew what I was dong. There needs to be a vehicle for collective shorting that minimizes the risk to amateur investors. I am aware of short funds but none that exclusively short the companies that we would like to see shorted. It is not clear to me that karabanque is a way of doing that, but correct me if I am in error

  81. @ Max – Part of the problem is that people like you who live outside of the US know more about what’s actually going on than people who live here. Anyone here getting their news from Faux News and many of the other cable networks have only been brainwashed about fake health care threats. The REAL threats have largely escaped scrutiny. As far as politicians go, nobody on the right has addressed the bill’s many problems; a handful on the left have, but they’ve been marginalized. And supporters of Obama who are still acting like arms of the administration/cheerleaders mostly do not know that the “public option” that they’ve been sold on has been whittled down to the point of being completely ineffective. (Originally, 120 million people were supposed to have access to the public option; now, it’s something like 6 – 11 million.) I’ve argued with many such people online. They call me “selfish” and say that I’m against poor people getting insurance; they repeat stupid Obama lines about “not letting the perfect be the enemy of the good.”

    The surest route to single payer/Medicare for all is state by state. Canada got their system because they tried it in one province and it spilled over. The insurance industries are scared as hell of that happening here. That’s why Kucinich’s amendment to allow states to set up their own single-payer systems was stripped from the bill at the request of the Obama White House. That’s also why the gutless Democrats in key leadership positions didn’t demand that the CBO score single payer. If government-run health care is so horrible & expensive, one would think that they’d run the numbers to prove their point. We have strong single-payer movements in 10 states. (Gov. Rendell of PA is the 1st Governor to say that he will sign single-payer into law if it passes his state legislature. That’ll be the state to watch to see what kinds of lawsuits big insurance can levy.)

  82. Yes, nice scrap over Obama with Peter Schiff and a clueless politico

    Pt1

    http://www.youtube.com/watch?v=CFJOwnWc5YA

    Pt2

    http://www.youtube.com/watch?v=ZhhgwTPoZkk

  83. Land of the free? I gotta get the hell out of here…

  84. After a slow start, the Obama administration’s mortgage relief program has reached one in five eligible homeowners, a government report says http://bit.ly/1GZ9Lk

    Marc Faber – “Government is like a cancer in society – it spreads and feeds and ultimately reduces peoples freedoms ”

    Government jobs will continue to grow under stimulus’ while the private sector will always take the hit. Constitution be damned, progressives who haven’t seen this fallacy in government have brought on this soft fascism.

  85. Or like my friend said
    “I wouldn’t say government is the cancer. I’d say it has a cancer that needs to be removed. When functional it can do much good”

    I think the bigger government gets the more conducive it is to becoming corrupt and infecting society.

  86. I think observers are discounting the next stage in the pavlovian response chain. It will be reactionary and will not revolt against corporations but will be well-channeled to unleash its fury upon ‘liberals’ and other ineffectual and irrelevant players. This is already born out by the comic idiocies of the ‘tea-baggers’. These scrotum-sucking imbeciles that don’t even know what their very name stands for. The joke in this wasteland of a culture is almost always on them and as in the great book ‘Whats the Matter With Kansas’ they can be relied on to consistently vote and rally against their own interests. Hitler was able effectively to do the same thing. It is relatively easy. Since this most mobile of the various Sheeple factions mainlines football thruout the work and play week the facists will easily cattle-prod them as they are doing already to engage in acts of violence not against banksters their real enemies but against hopers and progressives and Obama loyalists.

    This stage could last a very long time until it burns out. Facism is profitable in Amerikanna since Wolf and the other clown whores love to give it wall to wall coverage. Violence appeals enormously to a pavlovian public that is raised on bone-crunching displays of football,UFC,ghetto-rollersm,etc. not to speak of video game dominion and the cartoonish violence that is all the rage in Hollywood these last 3 decades.

    The next movement will be a facist one and it could be very dangerous for anyone educated or with a differing opinion. The Left in this country has long since been neutered. It is asleep and docile and remains in the corner of the pound, lost but not found, drooling onto the dirty cement floor.

  87. Justget Itright

    @not yet taken on board the seriousness of the Wall St. – Wash crime spree

    What is the effectual approach to abrogate the wall street crime spree? That is the absolute examination. Whomever has the aptitude and the competency to remove the “white shoes gang”
    will live in righteous dignity as a timeless protagonist.

  88. Kucinich on House Healthcare Bill: ‘Bailout Under a Blue Cross’

    http://www.bradblog.com/?p=7507

  89. @ buddhabob – The next movement will be a facist one and it could be very dangerous for anyone educated or with a differing opinion. This is already rampant on the right (they detest intellectuals and liberals, but also notice how even moderate Repubs are being purged from the party), but is also going on on a low-grade level amongst even Obama supporters. For a test, all one needs to do is go to the Organizing for Obama site and post a factual, critical comment on any of Obama’s policies. See how fast they label you as a troll, a right-winger, or a left-wing nutjob.

  90. Sugar (Hill) Daddy

    @ Max

    Re: Boycott Coke

    First, a big shout out from Sugar Hill! Home of The Sugar Hill Gang, St. Nick’s Pub, and Gil Scott-Heron.

    I love the idea of Boycotting Coke. Any meaningful protest has to begin somewhere. So let’s start with Coke. We can’t boycott Goldman Sachs, or the Fed. Charles Rangel doesn’t read our mail. Chuck Schumer could care less. The MSM regards anyone who objects to the Great Looting as a tin-foil wearing lunatic.

    What I’m saying is, we don’t have a lot of options.

    Boycott Coke … because exploitation is the REAL Problem!

    Boycott Coke … just for the Satisfaction.

    The Coke Boycott … it’s a Real Thang!

    Jump on the bandwagon, folks. It’s the Coke ZERO campaign!

    Don’t dread it, spread it!

    I’m serious. From this day forward, I reject Coca Cola, and all its works. (I’ll probably have to dump Domino’s Pizza because they only sell “Coca Cola Products.”)

    Coke is trading at $44.18 today. How low does it need to go in order for someone to notice there’s an organized Boycott? 35? 30? Would they care if it dropped to 40?

    What I’m asking for is a target price for Phase One of the Coke Zero Project.

    I like this idea a lot. It’s a clear organizing principle. It’s doable. Every single day that I DON’T buy a Coke product, I’m expressing my outrage in the only language that the Financial Oligarchy can understand. MONEY.

    Tim in Sugar Hill

  91. @ Sugar Daddy – A small way that you can boycott Goldman is by also boycotting Burger King. GS is part-owner or BK.

    See: http://warongreed.org/burgerking/

  92. I left the country, But am going to come back. the US has a large passive resistance movement embedded in the fringe of its culture.

    Keep in mind the fascist movement is already in place. Also, keep in mind, that I dont see the sort of revolutionary social experiment happening in only one country. I think we are in for a global crash and all the fun that comes with that. More flu, food shortages, etc. They can depopulate without using traditional force.

  93. Joe Hill (remember me?)

    She’s about ready to blow.

    RE Frances Snoot “can’t we boycott the IRS?” — yes, of course we can. Every US and European citizen STOP
    a. STOP paying your mortgage and HELOC
    b. STOP paying your credit card bills
    c. REFUSE to pay income taxes

    As with any strike, the trick is to get the ball rolling. Once rolling, and after some killing by those in power, it becomes inevitable and the people win.

    Wanna get it rolling? I did, and look at me.
    – Joe Hill

  94. @Joe
    Are there any public jobs left in the US? Surely, since Bush, hasn’t the state been virtually all but entirely outsourced to the private sector?

  95. sorry in advance for being all preachy, but if you need a political/moral reason to boycott coke (except odwalla – but isn’t that stuff crazy overpriced?), you need to brush up on nutrition, and/or put some thought into how you spend (waste) your money.

    your money in the bank can be loaned to support coke, buy coke stock, and/or a company that coke is dependent on to do business (bottling plants, factory farms that grow corn, high-fructose corn syrup factories, fast food joints, convenience stores, etc.) Shorting coke while doing business with a bank that’s buying coke stock is stupid. The bank likes companies that rape the environment and exploit workers.

    So boycott the bank. gold, as in bullion you keep, shorts/boycotts everything. it takes your little chunk of wealth out of circulation.

  96. @Coke Boycott

    Wish I could contribute personally. A couple of years ago I decided if I wanted to drink acid I would simply ingest diluted HCL. Alas, all I can do is spread the word.

    As Tofu Charlie woulds say: BOYCOTT COKE IN SOLIDARITY!

  97. I don’t know if I would call this fascism. Asking all to participate in a common good is hardly unreasonable. This is not to advocate for the health bill verbatim, just a little perspective.

    @Will: Whats wrong with the Middle East? I’m just back from a great holiday in Syria.

  98. I try my best to boycott ALL Coke products.

    List here: http://www.thecoca-colacompany.com/brands/brandlist.html

  99. This headline is at least a few months old, all the while Max was going on about how we need to get better healthcare. Well Max why don’t you tell us more how you think it should work. My health insurance is too expensive and the cheaper options I have are not sufficient in the event that I actually need to see a doctor someday, so it’s not as though I love my health insurance. It’s really just too expensive.

  100. Richard@lattitude30N

    @Max: haven’t purchased a coke in years ( nor pepsi)….though I did start my career as a “soda Jerk” in the late 60′s….so go Max go!!! any other workable ideas??? Sat at a dinner with some serious professional TwentyX’s..one declared that she was not going to pay her student loans…there’s a quiet boycott in the works…a quiet taxpayers revolt may be in the inception!!!! “A jobless recovery is like being a little bit preggers”..a quote from Gerald Celente….might go to Miami this weekend to sk Ralph Nader what is the premise of his new book: only the super wealthy can save us now!!!!!????WTF??? What is he trying to say??? I always believed they didn’t have a conscience.

  101. Ingvend Storrs

    They’re all lunatics. Sometimes it seems that the normal individual in politics is the sociopath.

  102. @wl

    Thanks for Faber links. He is candid as usual.

  103. @buddhabob – don’t you think we are already a facist country? I’m not trying to argue with you, but you mentioned that the next step is fascism. But with the recent bailouts of not only the banking industry, but also the car industry and the fact that the bulk of these banks will not pay these loans back . . . I think we are already there. Also, if you remember Obama railroad the financial bailouts within a week maybe, but it takes him several months to get what was supposed a health care bill beneficial to the common person. It should be evident that fascism is here and well. Just my $0.09!!!!

  104. Last THREE presidents have been particular narcisstic napoleons with a messiah complex. Makes my skin crawl to think of years of these cretins, none of whom had any love or idea of what the US Constitution or US history and its people are about. Obama is no different..he adds cluelessness, lack of class, and if its’ not all about him .. fugettabout it. Chicago ‘style’ politics has been going on since the Civil War. It is corrupt and not even the Chicago Secret Six in the 20 and 30s, then the Untouchables, could change that culture. That culture has used people, particularly recent immigrants, whether the Irish or Poles .. ward healers were alive and well and causing mayhem. Followed by professional ‘social activists’ like Saul Alinsky who did the poor no favors. Unlike the highly regarded, Christian socialist Dorothy Day, Alinsky was not so much about the poor as he was about power..any pol sci student who has read his stuff and talked to activists that surrounded him could tell you that. Before THEY got their hands on Chicago’s poor, particularly blacks, Chicago
    s Bronzeville area was a shining example of black culture in America, something GOOD. In any event, forcing people to pay fines or go to jail for not having health insurance IS going to impact those who can least afford it and families on the lower end of the economic spectrum. There is something sinister about this administration, Bush was a dolt but he wasn’t sinister .. unless you count him sticking his tongue down Saudi Prince Bandar’s throat .. but I digress. Obama is a true believer. Like Alinsky says in Rules for Radicals .. the end justifies the means .. and never mind the poor, you want the middle class because THAT is where you will wield power. Very cynical man .. just like most of his disciples. The end justifies the means..in the case of Obamaniacs .. the end is power and the ability to pick and choose which feudalized group to spread the wealth too. It’s about a two tiered society . .the rich and the poor. Like BUSH and his network, or Clinton and his, the two are closer than you know. the US Constitution is ‘just a piece of paper,’ and Americans are too stupid to know what is good for them. We allowed ‘them’ to build a Fourth Reich .. with a smiley face. Trouble is..the smiley face hides a hideous death mask that rivals the worst. Watch the new show .. V and get an idea of exactly WHAT the American people are facing .. republican or democrat .. tyranny with a phoney smile, empty promises, and a bunch that want to eat our hearts as well as our lunch,

  105. Ingvend Storrs

    @Diane: Very nice analysis.

    Professor Hans-Hermann Hoppe renders, *Democracy: The God That Failed*, and in lectures found at mises.org, a similar analysis to our own. Hoppe says that in a political system such as ours, with its free, open, competitive designs, with its functions of spending other people’s money now or other people’s future money, breeds politicians that are only the most talented liars and thieves. In other words, the open, competitive nature assures that only the most talented succeed, and it assures that only the most talented rise to the top of state or federal politics. It assures that the most talented liars, back-stabbers, sociopaths, and thieves rise to the top of their game, where they rob us of our wealth, as well as the next several generations, and expend an effort to do so in their possibly short time in office, for tomorrow they may be booted out. And these are merely comments on the design of the system and its products. It doesn’t cover the everyday practical corruption such as blackmail, bribery, favor trading, nepotism, duplicity, and on and on and on.

    I our more recent presidents, Carter, Clinton, “W”, and B.O., we see individuals who had little to offer in the way of statesmanship. They did not get to where they were because of their sterling qualities or accomplishments in life, rather, they got to the presidency because they had so little going on and were almost infinitely controllable. Except for Carter, they have also been particularly corrupt as individuals, all with very serious psychological dysfunction, as well as having histories and substances abuse & sexual promiscuity.

    All-in-all, what we have in our national government is essentially a type of organised crime syndicate. It has all of the essential elements of the mafia.