Saturday, July 11, 2020

Medical Care Costs Soaring Out of Control

by Mish Shedlock, The Maven:

The cost of medical care services dramatically outpaces stated CPI inflation measures.

Once again the BLS tells us inflation is under control. Once again, close inspection suggests something else.

Let’s investigate, starting with the BLS Consumer Price Index Report for December 2019.

  • According to the BLS, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in December on a seasonally adjusted basis after rising 0.3 percent in November.

What if it were Bad?

by Bob Rinear, The International Forecaster:

I feel the economic fallout is however going to be bigger than most expect for China especially. When you start shutting in 50 to 100 million folks, that disrupts a lot of supply chains.

The big topic in the news is this Chinese virus. While we could spend our time today talking about the Feds, and what they’re up to, I think we should take a minute and discuss the proper way to respond to a biological ‘attack” so to speak.

President of Belarus: COVID Panic Allowed Elites to Steal ‘Trillions’, May Have Been Deliberate

from Russia Insider:

This guy is a real leader. Too bad Western Europe doesn’t have some people of his mettle in charge.

One of the only countries in Europe not to institute strict lockdown measures amid the coronavirus crisis, Central Europe’s Belarus has so far managed to keep virus-related fatalities impressively low.

Belarusian President Alexander Lukashenko has taken a shot at the world’s elites, accusing them of taking advantage of the coronavirus pandemic to put ‘trillions of dollars in their pockets’ while the global economy burns.

Our County Health Care Costs Are EXPLODING!

by Karl Denninger, Market Ticker:

Yep, I’m sure they are.  Last time I went to a Commission budget hearing they claimed their costs were up more than 10% for the year.

Especially when basically everyone at the DMV weighs 300+lbs and, of course, it’s the “county’s” responsibility (read: YOU are responsible as a tax serf) for their health care expenses.

This is flat-out ****ing insane — and maybe you can tell me why the citizens of a given county should put up with this crap.  Why wouldn’t the citizens drag the Commissioners who allow this horsecrap to go on out of their seats by their hair and eject them from office?

I don’t care if you want to eat yourself to death.  That’s on you.

White House Economic Advisor Kevin Hassett: No Correlation Between Economic Reopening and COVID Statistics…

from The Conservative Treehouse:

White House Chief Economic Advisor to President Trump, Kevin Hassett, discusses the status of the U.S. economy and the difference between Red State and Blue State economic growth.  As Hassett notes the Blue states have an intention to hold down the economy.

Always the happy warrior, Hassett walks through the data of tracking COVID-19 cases and notes there is no correlation between the level of economic activity in an area, region or state and the scale of positive test results for the virus.  This is a key point.

QUESTIONS EMERGE ABOUT CORONAVIRUS

by Joseph P. Farrell, Giza Death Star:

The coronavirus is all over the news, and apparently, on the minds of a great many readers of this website, because out of about 500+ emails from readers last week, it topped the list of “subjects” people sent me at about 23 emails with that as the subject matter by my count. And if the truth be told, I’ve not been watching the story that closely. When it first broke, my reaction was “another SARS” phenomenon.

But with this, there may be something more sinister lurking in the story, that something being comprised of two things: biowarfare, and timing. For example,V.T.,  P.T., and E.G. found articles that strongly suggest that what is happening in China may have come from a biowarfare lab:

Here Is The Cure For 2019-nCoR Coronavirus

by Lew Rockwell, Lew Rockwell:

While laboratories around the world are racing to develop a safe and effective vaccine against the mutated coronavirus, now known as 2019-nCoR, which is said to have killed hundreds, and with rumors Chinese health authorities are hiding more dead bodies underneath the floor boards of their newly constructed coronavirus hospitals, there is already a non-vaccine cure.

Convincing visual lab-dish evidence is shown below. (Because bots read these reports and censor them or bury them on obscure web pages when they refer to natural remedies, you need to click here for the identity of the cure.  Otherwise an online search would have been unlikely to find this this report.)

More Insanity: Hospitals

by Karl Denninger, Market Ticker:

As the debate “rages on” note what the ****-faces in this article buried way down in the text.

In 2015, an analysis by the Ann Arbor-based Center for Health and Research Transformation, a nonprofit health care research organization, concluded that Michigan had lower per capita costs than Wisconsin and Indiana, both of which did not regulate hospital services. Michigan’s per capita hospital cost was $2,624, compared to $2,975 in Indiana and $3,107 in Wisconsin.

What?

How often in your life have you needed a hospital?

Caught red-handed, please stop trusting these science ‘experts’

by Erin Elizabeth, Health Nut News:

I’ve written many articles highlighting the bias created by funding and the dangers of basing health decisions on industry-funded science. Independent, unbiased research is absolutely crucial for getting to the truth; without it science becomes little more than an extension of marketing, and hence useless.

So, what’s happening at Cochrane right now is nothing short of tragic. Cochrane (an international network of scientists that promotes evidence-based medicine), formerly known as the Cochrane Collaboration, has been the gold standard for independent scientific meta-reviews, and the organization’s reputation has managed to stay remarkably unblemished — until now.

CORONAVIRUS..THE BIG STORY OF THE DAY

by Harvey Organ, Harvey Organ Blog:

CORONAVIRUS..THE BIG STORY OF THE DAY//GOLD UP $6.10 TO $1576.10//SILVER UP 8 CENTS TO $17.81//HUGE GOLD STORY AND SWAMP STORY RE BIDENS COURTESY OF GLENN BECK//MORE SWAMP STORIES FOR YOU TONIGHT

GOLD:$1576.10 UP $6.10    (COMEX TO COMEX CLOSING

Silver:$17.81 UP 8 CENTS  (COMEX TO COMEX CLOSING) :

Top COVID-19 Model Significantly Lowers US Death Toll Estimate — Again

by Joseph Curl, Daily Wire:

A key coronavirus model used by the White House has once again downgraded its estimate of total U.S. deaths.

The University of Washington’s Institute for Health Metrics and Evaluation (IHME) dropped the number of projected total deaths by August from 68,841 (with an estimate range of 30,188 to 175,965) to just more than 60,308 (with an estimate range of 34,063 to 140,381), according to an update published Friday.

Coronavirus Cure: Print More Money

by Michael Pento, Market Oracle:

A few days ago the market was crashing on Coronavirus fears. But recently, the market has soared back based upon the hopes of a vaccine and some better than expected economic data in the US. The ADP January employment report showed that a net 291k jobs were created, and the ISM Services Index came in at a healthy 55.5. However, a couple of good data points doesn’t change the fact that US economic growth has contracted back to 2% trend growth and will absolutely become more anemic–at least in the short-term. This is because the measures needed to contain the virus are also GDP killers. I have no clue if the virus will become a pandemic or if it will fade away like the SARS and MERS viruses–without long-term economic damage. But, for the stock market to remain at record high valuations, nearly everything has to go perfectly. That is, the Fed has to keep pumping in money, and EPS growth must rebound sharply.

Here’s How This Ebola Outbreak Could Potentially Reach the US

by Daisy Luther, The Organic Prepper:

A new Ebola outbreak is on the radar in the Congo and just over a week ago had reached a city of more than a million people. Well, things likely got a whole lot worse over the weekend when family members of 3 infectious patients with confirmed cases of Ebola broke them out of quarantine and took them to a prayer meeting with at least 50 people. That may seem like it’s a long way from the US but read on.

People at the prayer meeting were definitely exposed, as two of the patients were in the most infectious stages of the disease, with vomiting and diarrhea.

Two of the three escapees are dead and the third was returned to the quarantine center.

This court just ruled Coca-Cola products are POISON

by Amy Goodrich, DC Clothesline:

Chances are you’ve seen some videos circulating the web showing Coke’s ability to take rust and paint off metal objects or clean toilet bowls. While deep down we all know that sodas aren’t healthy, many of us still drink liters of the sugary stuff on a daily basis.

No matter where you are, Coca-Cola is one of the most recognized drinks in the whole world. In some third world countries, Coca-Cola products such as Coke, Fanta, or Sprite, are even more accessible than clean water.

Regular consumers of these soft drinks, however, have more to worry about than just its high sugar content. A Nigerian High Court judge has ruled that some of the soft drinks sold under the Coca-Cola brand could be poisonous when consumed alongside vitamin C-rich foods, drinks, and supplements.