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Jon Rappoport
NoMoreFakeNews.com
June 29, 2012
When you’re a professional gardener, you don’t just throw expensive plants into the ground, you prepare the soil.
If I’ve been observing soil-preparation in the field of social and political engineering, that doesn’t make me a conspiracy advocate; it merely means I’ve been watching professionals at work.
For a long time.
These pros have been stimulating and creating trends that dovetail with Obamacare and will carry this law into the [...]
Jim Grant’s words seem consistent..
http://video.cnbc.com/gallery/?video=3000081407
Tax Dogma For The
Super Wealthy and Austerity
Take It On The Chinn
http://brief.ly/wh7kk7/
alternates:
http://www.nytimes.com/2012/03/28/business/economy/the-case-for-raising-top-tax-rates.html?_r=3&pagewanted=2
http://news.firedoglake.com/2012/03/28/the-fruits-of-austerity-more-european-nations-slip-into-recession/
http://www.economonitor.com/blog/2011/02/intermediate-macro-exercise-how-to-construct-a-maximally-contractionary-budget-deficit-reduction/
The American version:
$US Trillions in near-free reserves at the
expense of all who made good decisions and who would’ve
cleared the market four years ago
(–in a non-recourse regime, mortgagors, the pretense for
everyday another way for bailing out the banks that created
the mortgage bubble, should get to simply restart from what
they know is their fate in any case: lost [...]
The magazine then offers its darkly pessimistic scenarios of an economy in tatters, in which one out of four workers is unemployed, and for part-time workers, hourly compensation will plummet. Employers will not even reimburse them for their transportation.
With government revenues drying up, there will be mass layoffs of civil servants as well. Public works projects will come to a screeching halt, and as budgets for education, the arts and [...]
http://www.consumeraffairs.com/news04/2005/bankruptcy_study.html
Medical Bills Leading Cause of Bankruptcy, Harvard Study Finds
“…Today’s health insurance policies — with high deductibles, co-pays, and many exclusions — offer little protection during a serious illness. Uncovered medical bills averaged $13,460 for those with private insurance at the start of their illness. People with cancer had average medical debts of $35,878.
“The paradox is that the costliest health system in the world performs so poorly. We waste one-third of [...]
Medical disasters cause over 60% of personal bankruptcies..
http://www.consumeraffairs.com/news04/2005/bankruptcy_study.html
Medical Bills Leading Cause of Bankruptcy, Harvard Study Finds
“…Today’s health insurance policies — with high deductibles, co-pays, and many exclusions — offer little protection during a serious illness. Uncovered medical bills averaged $13,460 for those with private insurance at the start of their illness. People with cancer had average medical debts of $35,878.
“The paradox is that the costliest health system in the world [...]
http://www.nytimes.com/2005/07/25/opinion/25krugman.html
Toyota, Moving Northward – New York Times
“…But education is only one reason Toyota chose Ontario. Canada’s other big selling point is its national health insurance system, which saves auto manufacturers large sums in benefit payments compared with their costs in the United States.
You might be tempted to say that Canadian taxpayers are, in effect, subsidizing Toyota’s move by paying for health coverage. But that’s not right, even aside from the [...]
Greece is used as the bandwagon to collapse the Euro currency in order for Germany and France to reemerge competitively in the international markets.
What happened yesterday between GR, EU and IMF was NOTHING. They did not reach any agreement on how to ease on the massive 350+ billion euros Greek deficit which increases daily.
They met because a large pack of 30yr old bonds that matured need immediate payment by next [...]
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