TRUTH LIVES on at https://sgtreport.tv/
by Michael Snyder, The Economic Collapse Blog:
This is what can happen when you go to a socialized healthcare system. A lot of people out there believe that the United States has a free market healthcare system, but that is actually not true. The percentage of the population that receives government-subsidized healthcare is rapidly approaching 50 percent, and the healthcare industry may be the most heavily regulated sector of the entire U.S. economy. Every year the rules, red tape and regulations seem to get even worse, and every year health insurance premiums rise much faster than the overall rate of inflation. If we don’t start applying free market principles and start getting healthcare costs under control, our entire healthcare system could very easily implode.
I would like to share with you an excerpt from an article by former DEA agent David Hathaway. According to Hathaway, the average cost for an appendectomy in the United States is $33,000…
My son had an attack of appendicitis late Saturday night. I knew that the Obamacare inflated prices for surgery in the U.S. would be ridiculous and that the service would likely be impersonal, involve long waits, and be nerve-wracking. I have friends in the medical field so I inquired just for grins. The price for the latest routine appendectomy in my area was, my jaw dropped, $43,000. I read on-line that the average cost for an appendectomy in the U.S. is $33,000. I am not near some of the great direct-pay medical facilities in the U.S. like the Surgery Center of Oklahoma, but I am near Mexico. I chose that option since I have often utilized foreign medical and dental facilities in the past and find the service and prices to be outstanding.
You can buy a very nice brand new car for $33,000.
How in the world did we get to the point where costs have escalated so far out of control? Should performing an appendectomy really be this expensive?
I can imagine that some of my readers may be thinking that the quality of care down in Mexico is much lower, but this is actually not the case at all. Here is more from David Hathaway…
My son was checked into a private room with private bath and satellite TV awaiting his surgery. The surgical staff was prepped and ready to start within an hour-and-a half of our arrival. The appendix was ruptured, so extra precautions were taken to clean and flush the abdominal cavity. Since the appendix was ruptured, the chief surgeon said that my son should stay two days to receive intravenous antibiotics to prevent the development of peritonitis.
The surgery was a success, and David’s son did stay in the hospital for two full days in order to receive the antibiotics that the doctor suggested.
But despite the extra time, the bill for the appendectomy was still less than 10 percent of what it would have been if the appendectomy had been performed in the United States…
The hospital stay was for 48 hours in a private room where my wife was allowed to spend the nights with my son sleeping on a couch in his room. This cost would have been significantly less if we hadn’t incurred emergency fees and if the appendectomy had not involved complications which required a longer stay and more medication. Despite all that, I though the total price of $2,830 dollars was very reasonable.
Read More @ TheEconomicCollapseBlog.com
by Joseph P. Farrell, Giza Death Star:
This amazing series of photographs was spotted and shared by V.T., who deserves a big thank you. My reasons for sharing these with the readers here are manifold, firstly, because of their inherent interest, secondly, because I have myself personally seen similar types of formations in clouds, and thirdly, because those formations that appear in some of these pictures, and which I myself have personally seen, merit some commentary by way of some very high octane speculation.
by Joseph P. Farrell, Giza Death Star:
There’s a very strange story that’s developing in Australia, and I don’t mean the one about its gold reserves, which I blogged about yesterday. As far as I know, there’s absolutely no known connection between the yesterday’s story and today’s, other than in my always highly speculative intuitions and high octane habits of speculation. We’ll get back to that, of course.
The story was noticed by Mr. J.D., who in addition to passing along the original story, did a little digging and came up with… well, you’ll see.
by A.E., Survival Blog:
I have a love-hate relationship with prepping. I love the planning and preparation, playing the game of “What if?” for probable problems in my/our future; the ready access to supplies without running errands to pick up ‘stuff’ on a regular basis. I hate the prospect that preps are necessary due to possible life or death problems. It means things are not stable and therefore dangerous to me and mine. So let’s look at some of our instability that could lead to problems.
First of all, our government is being run, pretty much top to bottom, by political hacks who usually have never held down a real job. They may be good at political infighting, but forget about real planning and activities for the good of the republic. It appears they believe their own storylines or maybe they have been partaking of too much fairy dust. Their mantra seems to be: “Spend, spend, spend, and devil take the hindmost.” They also have no concept (or they don’t care) of unintended consequences. For all of that, they also look to be supporting the Mexican cartels by trying to ignore them while pumping a maximum number of illegal immigrants (future Democrats, they hope) into the US systems. I’m sure the Cartels love that, as it gives them greater control and access to and in the US.
by J. G. Martinez, The Organic Prepper:
When a collapse occurs, aside from the obvious, there are plenty of things that happen. Chaos theory kicks in, and depending on the location, crazy things transpire. An example of this is Singapore and what happed that led to it being one of the world’s safest countries.
A brief history of Singapore: Singapore in the middle 50s and 60s had serious problems: unemployment, housing shortage because of over-population, racial tension, and corruption. Though hospitals were still running, if you wanted care, a bribe was necessary. Mafia and crime were a concern also.
PAP (The People’s Action Party Est 1954) became the ruling political party of Singapore in 1965. PAP took steps to increase the penalties for corruption, something that many countries take lightly. The worst punishments were for those robbing the social programs with the most impact, like health, education, or childhood/elderly care. The governing party also proceeded to pass bills regarding state employees, their positions, and their financial accounts. The reason for monitoring the accounts was to track down those who were giving or accepting bribes. As a result of the new bills, many state employees were sent to jail, thereby cutting down corruption. Some of them even received the death penalty. Drug dealing was another crime punishable by death.
by Peter Schiff, Schiff Gold:
Peter Schiff recently explained how the Federal Reserve has rigged the US Treasury market. Well, the European Central Bank has taken bond market manipulation to the next level.
According to a Bloomberg report, the ECB is buying bonds to control the yield spread between debt issued by various EU countries. As a result of this central bank mechanization, the spread between the yields on German and Italian bonds has remained “remarkably stable” despite the Italian government teetering on the verge of collapse.
by Michael Snyder, End Of The American Dream:
The evangelical movement in the United States has reached a moment of reckoning. To the surprise of many readers, this is actually not an article about Donald Trump. Yes, evangelicals have become very closely linked to President Trump over the past four years, and this has deeply affected how many outsiders view the evangelical movement. But no matter what happens politically, evangelical churches will just continue to keep doing what they have been doing. In the long-term, the success of evangelical Christianity in America does not depend on the political success of Donald Trump.
by Shepard Ambellas, Intellihub:
“… they need the funding so they take them and they tell them that pretty much if they don’t get on a vent then they likely won’t survive but the reality is if they get on that vent then the likelihood of them walking out of the hospital is slim-to-none.”
A nurse named Erin Olszewski worked undercover at two U.S. hospitals over the past few months where she was able to document the reality of what has been taking place from within the Electronic Health (EHR) database at the highest level during the purported COVID-19 coronavirus outbreak which has decimated the lives of many Americans who have been forced to succumb to unconstitutional lockdown regulations and mandates at the threat of their expense, arrest, and or indefinite imprisonment and President Donald Trump is sitting back and letting it all happen. The total dismantlement of the United States.
by Wolf Richter, Wolf Street:
Repos & dollar liquidity swaps on their way out. SPVs declined. Hardly bought any corporate bonds & ETFs. MBS flat. Treasuries ticked up.
OK, this balance-sheet shrinkage, now in its fourth week, is going faster than I’d expected. Total assets on the Fed’s balance sheet for the week ended July 8, released this afternoon, dropped by -$85 billion, the fourth week in a row of declines. This brought the four-week total drop to -$248 billion:
by Shepard Ambellas, Intellihub:
“My jaw just dropped to the floor… there was never any notification to us this was just done over the weekend.”
A medical worker in Pennsylvania called-in to The Shepard Ambellas Show on Tuesday and explained to Shep and the listeners that her patients’ records have been taken over by the Electronic Medical Records system which she says now red flags and tracks COVID-positive status individuals.
by Corey Lynn, Corey’s Digs:
First, they wanted everyone masked and stocked up on hand sanitizer, then came the toilet paper mania, and in short time states were mandating stay-at-home quarantines and “non-essential” business closures due to COVID-19. What began as a two-week quarantine, turned into weeks and months, and by May they had crashed the entire economy. Everything was blown out of proportion, including the potential death rate, sending a lightning bolt of panic through the country. With each week, more freedoms were stripped away, people’s constitutional rights were stomped on, unjustified fines and arrests were being implemented against people who couldn’t wear masks, those who attempted to open their business so they could feed their families, or those who wished to pray at church. In a matter of a few short months, the country was turned upside down and governors were abusing their authority.
by Wolf Richter, Wolf Street:
The Big Shift: Fed shifts to propping up consumption rather than asset prices.
There have been endless announcements by the Fed that they will add this and that to their asset-purchase programs. The media jumped all over these announcements, how the Fed is going to get into the junk bond market and ETFs with hundreds of billions of dollars. Each time, all kinds of hoopla broke out in the markets with stocks soaring and junk-bond ETFs soaring, and everything soaring – despite the worst economy in memory, despite 30 million people on unemployment insurance, and despite shocking earnings reports heading our way.
by Bob Rinear, The International Forecaster:
Hi all, welcome to a relatively short letter by my standards. I am traveling this weekend, and simply cannot devote the amount of time I generally do, to writing.
My wife’s mom passed away a few years back, and with her dad selling the house for something smaller, I have to run to NJ and pick up some of the things that she left for us. There’s a couple boxes of sentimental items, and some handmade Christmas items that her mom had made, and some other things, that have to make it back to Florida.
But I do want to make a few comments about this Virus, and the market. There are a couple dozen theories as to where this thing came from, how it escaped or who let it loose, and if it was on purpose, why?
by Edward Curtin, Global Research:
MLK DAY 2020. In commemoration of Martin Luther King’s assassination, we bring to you this article by Edward Curtin first published on Global Research in January 2017.
Very few Americans are aware of the truth behind the assassination of Dr. Martin Luther King, Jr. Few books have been written about it, unlike other significant assassinations, especially JFK’s. For almost fifty years there has been a media blackout supported by government deception to hide the truth.
And few people, in a massive act of self-deception, have chosen to question the absurd official explanation, choosing, rather, to embrace a mythic fabrication intended to sugarcoat the bitter fruit that has resulted from the murder of the one man capable of leading a mass movement for revolutionary change in the United States. Today we are eating the fruit of our denial.