Are Google and Verizon Trying to Choke the Net Too Early?

(WallStCheatSheet) – The Information Age is hardly out of the womb. It’s still gasping for first breaths while we clean it off to get a better look.

However, many people and businesses act as if the Information Age is ready for Long Term Care Insurance. Don’t buy what they’re selling.

Recently, Google (GOOG) and Verizon (VZ) started lobbying to end net neutrality. Essentially, they want to create multiple lanes of information traffic, and each lane will have different delivery speeds (see their clever loophole below). This is great for the companies because they want to better price discriminate among their customers. This is horrible for the Internet (in current form) because we have no idea how badly we will choke information and innovation if we cut the cloth this early in the game. Read entire article

Video: Democrat Propaganda Demonizes Tea Party Through Association With Establishment

(SteveWatson) – Democrat leaders have finally realised that anti-establishment sentiment is the driving force behind the Tea Party movement, announcing a plan to demonize it via a national campaign to associate the GOP and the Tea Party as one and the same. Continue reading

Economy

(WSJournal) – Fed Sees Slower Growth

Federal Reserve officials, who are likely to reveal Wednesday a cut in their assessment of the growth outlook, are divided on how aggressively the central bank should act if the economy slows further. Read More Here

(ZeroHedge) – Why Watching CNBC Can Be Hazardous To Your Wealth – Read More Here

(ZeroHedge) – Bloomberg Poll Finds Americans No Longer Drinking Kool Aid, 71% See Economy “Mired In Recession” – Tyler Durden – Read More Here

(NYDaily) – Are the jobs gone for good? The facts about this downturn are very grim – Read More Here

(BuffaloNews) – Feeling crunch of a high jobless rate – Read More Here

(WashTime) – Both parties mull raising retirement age – Read More Here

(PoliticsDaily) – Cap-and-Trade Will Be Part of Senate Climate Change Bill

Senate Majority Leader Harry Reid confirmed Tuesday that the Senate will soon debate a bill to reduce pollution and that the legislation will include a scaled back version House-passed language to reduce carbon output by charging some polluters for emissions above a certain threshold. Read More Here

(Stateline) – Collapse in Living Standards in America: More Poverty By Any Measure

15 million unemployed, homelessness has increased by 50 percent in some cities Read More Here

(ABCNews) – Autos and Gasoline Drag Retail Sales Lower in June – Read More Here

(Examiner) – U.S. banks laundering Mexican cartels’ drug money – Read More Here

(Independent) – Britain’s debt: The untold story

The true scale of Britain’s national indebtedness was laid bare by the Office for National Statistics yesterday: almost £4 trillion, or £4,000bn, about four times higher than previously acknowledged. Read More Here

(RestoreTheRepublic) – Video: The Reality Report – Tom Woods on the Economic Meltdown!!! – Gary Franchi – Video Link Here

(InflationUS) – Video: Empty Store Shelves Coming to America

(RussiaToday) – Video: Webster Tarpley – ‘Obama, the Wall St. puppet’

The Obama administration could be nearing the finish line for financial reform legislation that has been a political football tossed back and forth between both parties. Will this bill change the way Washington and Wall Street work? Can it turn around the economic downturn?

(NewAmericanRepublic) – Chinese rating agency strips Western nations of AAA status

China’s leading credit rating agency has stripped America, Britain, Germany and France of their AAA ratings, accusing Anglo-Saxon competitors of ideological bias in favour of the West. Read More Here

(Truthout) – How Brokers Became Bookies: The Insidious Transformation of Markets Into Casinos

“You all are the house, you’re the bookie. [Your clients] are booking their bets with you. I don’t know why we need to dress it up. It’s a bet.” – Sen. Claire McCaskill, Senate Subcommittee investigating Goldman Sachs (Washington Post, April 27, 2010) Read More Here

REPOST (AspenDaily) – Historian warns of sudden collapse of American ‘empire’

Harvard professor and prolific author Niall Ferguson opened the 2010 Aspen Ideas Festival Monday with a stark warning about the increasing prospect of the American “empire” suddenly collapsing due to the country’s rising debt level. Read More Here

(RussiaToday) – Video: Economic Collapse – Rich continues getting Richer and Poor gets Poorer

Video: Who repealed the Glass-Steagall Act?

The Glass Steagall Act President Roosevelt signed into law was repealed. See who swept aside the banking firewall protections on the 12th of November 1999. Continue reading

Enduring ObamaCare Week #5

With every week that passes, we learn more about ObamaCare and it just gets worse. The recent report on the practical effects of ObamaCare from the Chief Actuary of the Centers for Medicare and Medicaid (CMS) is devastating.

Here are the salient findings of this report: Continue reading

Silverstein Was Calling Lawyer To Get Double Insurance On WTC On The Evening Of 9/11

RELATED: Bombshell: Silverstein Wanted To Demolish Building 7 On 9/11

Via email……

In response to your excellent new article, “Bombshell: Silverstein Wanted To Demolish Building 7 On 9/11,” I thought you might find the following of use:

Firstly, you can watch a recent CBS interview in which Silverstein claims that he should have been in the WTC on 9/11, but his wife insisted he go to a dermatologist’s appointment, thereby saving his life:
http://www.cbs.com/primetime/60_minutes/video/?pid=dCJDTFzLiEO_a32xTRfMdMMYQd1nHV1N&play=true

Secondly, it is worth noting that already on the evening of 9/11, Silverstein was calling his lawyers, to see if he could make a double claim on his WTC insurance policy. See this 9/11 Timeline entry:
http://www.historycommons.org/context.jsp?item=a091201doubleinsurance&scale=0

The key information is from pp. 18-19 of Steven Brill’s book, After: How America Confronted the September 12 Era. Brill wrote:

“Real estate developer Larry Silverstein was on his way to a dermatologist on the morning of the 11th, instead of the Trade Center—the multibillion-dollar complex where he had leveraged a $14 million personal investment in a partnership that owned the leasing rights to the buildings into bragging rights as the complex’s putative owner. Silverstein would tell the author five months later that he was so shocked and sickened by the destruction and by the loss of four of his employees that morning that he did not think he focused on issues like insurance or finances until “perhaps two weeks later.” In fact, according to his own lawyers, by that evening he was on the phone with them worrying whether his effort to shave costs when he’d bought insurance would now come back to hurt him, or whether his insurance policies could be read in a way that would construe the attacks as two separate, insurable incidents rather than one. The difference was roughly $3.55 billion versus $7.1 billion—the kind of gap corporate litigators dream of.”

[End of quote]

If you want to verify this quote for yourself, you can search Brill’s book at Amazon.com: http://www.amazon.com/exec/obidos/ASIN/0743237099/

(Just do a search for “Silverstein,” and select the third result from the list.)                 Source: Prison Planet

Video: Bombshell – Silverstein Wanted To Demolish Building 7 On 9/11

(PaulWatson) – Preface from Alex Jones: To truly grasp the magnitude of this story, you really have to read the entire article. Immediately after the “pull it” controversy, debunkers claimed there was no plan to conduct a controlled demolition of the building. Now the fact that officials were considering blowing up the building is established, Silverstein’s consistent denial that this took place is a huge smoking gun. How did Silverstein expect to demolish the building safely when such a process takes weeks or even months to properly set up, even without the additional chaos surrounding WTC 7 on 9/11? How could explosives have been correctly placed on such short notice inside a burning building that had already been evacuated – unless the explosives were already in place? This new revelation is astounding and it needs to be investigated immediately. Continue reading

Health insurance companies invest billions in fast food chains – Mike Adams

(NaturalNews) – Did you ever wonder how health insurance companies drum up future business? It’s easy: Just invest in companies whose products cause chronic degenerative disease, driving people towards more health care needs and therefore more health insurance. Continue reading

The Economic Elite Vs. The People of the United States of America

“The American oligarchy spares no pains in promoting the belief that it does not exist, but the success of its disappearing act depends on equally strenuous efforts on the part of an American public anxious to believe in egalitarian fictions and unwilling to see what is hidden in plain sight.”Michael Lind, To Have and to Have Not

Yes, of course, we all have very strong differences of opinion on many issues. However, like our Founding Fathers before us, we must put aside our differences and unite to fight a common enemy. Continue reading

How Private Health Insurers Purchased Healthcare Reform

(SOTT) – In a moment of frank political revelation, Firedoglake reports that Senator Max Bacchus has confirmed that former WellPoint Vice President Liz Fowler wrote substantial portions of the recently approved Patient Protection and Affordable Care Act. Left-wing opponents of the bill had already claimed that private insurers exercised significant influence on the proceedings in the House and Senate. Bacchus’ revelation takes these claims to a new level as they prove that the private health insurance lobby literally wrote the bill that is being passed off as a “reform” of the healthcare system. Continue reading

The Great 9/11 Insurance Bonanza

“An Insurance Policy that had been set up for the WTC Complex only weeks before the Twin Towers went down” says Investigative Journalist Laurence De Mello.
(OpEdNews) – De Mello continues, “In 1980, ..real estate tycoon Silverstein, won a bid from the Port Authority of New York and New Jersey to construct 7 World Trade Center to the north of the WTC. Continue reading

Obamacare Not Such a Good Deal for Kids and Young Adults

(Infowars) – Prior to the passage of the “historic” Obamacare bill, Democrats went hither and yon in their effort to sell the insurance corporation crafted plan like snake oil. They said it was for the little people and if you opposed it you were a racist or some kind of rightwing extremist.

Now with the ink barely dry on the bill, the truth is beginning to come out. Continue reading

Rep. Burgess: If Mandate To Buy Health Insurance Upheld By Court, No Limit To What Govt Can Force People To Buy

(CNSNews) – Representative Michael Burgess (R-Texas) told CNSNews.com that if the mandate in the health care law requiring individuals to purchase health insurance or be penalized is upheld by the courts, the federal government could mandate anything, such as requiring all Americans to purchase a General Motors car.

On Capitol Hill, CNSNews.com asked Representative Burgess, “The Congressional Budget Office has said that never before in the history of the United States has the federal government mandated that any one buy a specific good or service and, of course, the bill includes the individual mandate.  Is there a part of the Constitution that you think gives Congress the authority to mandate individuals to purchase health insurance?”

Representative Burgess, himself a doctor, said, “No, I personally do not, and I think that is exactly right. Never before in the history of this country have we had the ability to coerce American citizens to purchase something and then invoke the Commerce clause after we coerce that purchase.”

Full article here

Don’t Be Fooled: Republicans Love Government Enforced Healthcare

(KurtNimmo) – Forget all the self-serving diatribes by Republicans about Obamacare. They are for government enforced health care. “Republicans were for President Barack Obama’s requirement that Americans get health insurance before they were against it,” the Associated Press reports this morning. Continue reading

Insurance Industry “suddenly” excited about health care law, launches program to “Enroll America”

(America20xy) – After supposedly opposing the president’s health care bill, which would force Americans to buy private insurance, and giving Americans over the past year the impression that the battle was that of a populist president vs. big business, the insurance industry is suddenly embracing the new law and wants to get as many Americans enrolled as possible! Continue reading

Health care reform bill dooms America to Pharma-dominated sickness and suffering – Mike Adams

(NaturalNews) – Today the medical mafia struck another devastating blow to the health and freedom of all Americans. With the support of an inarguably corrupt Congress that has simply abandoned the real needs of the American people, the sick-care industry has locked in a high-profit scheme of disease and monopoly-priced pharmaceuticals in a nation that can ill afford either one. Continue reading

ObamaCare

(SteveWatson) – Dem Congressman On Health Bill: Insurance Companies Are “Holding Hostages”

A Democratic Congressman has stated that he will refuse to vote yes on the pending health care reform bill, declaring that the legislation represents a vastly bloated giveaway to insurance companies and big pharma. Read More Here

(KurtNimmo) – Video: Health Care: Obama Approves Sabotaging The Constitution

On Thursday, Robert Gibbs, Obama’s press secretary, responded to a question about the so-called “Slaughter Rule” (named after Rep. Slaughter, who sits on the rules committee) that will be used by Democrats to force through Obama’s totalitarian care bill, probably over the weekend. Read More Here

(Bloomberg) – Showdown Health Care Vote Likely This Weekend

U.S. House Democrats, who cleared a big hurdle in their effort to overhaul the health-care system by producing compromise legislation, picked up fresh support for a likely showdown vote this weekend. Read More Here

(ABC) – Video: Biden – “We’re Going To Control The Insurance Companies”

When you talked to these members of Congress, you told me what you tell them. What do you hear back from them? Do you hear back from venerable members who are worried this bill will cost them their jobs? Read More Here

(MSNBC) – Video: 9 major changes in new health care bill

In their attempt to pass a sweeping health care overhaul this weekend, House Democrats are pushing a package of legislative fixes to lure undecided or opposed members of their party to the “yes” category. Read More Here

Video: Robert Gibbs – Health Care Will Be ‘Law Of The Land’ Next Week; Axelrod To GOP – ‘Make My Day’

WE SHOULD BE AFRAID OF WHAT THEY WANT BECAUSE WHAT THEY’VE GOT HAS DESTROYED THIS COUNTRY

(HuffingtonPost) – The White House is beginning its final push on health care this week, with senior adviser David Axelrod and press secretary Robert Gibbs making the rounds of the Sunday talk shows to express confidence that the bill will pass.

“We’ll have the votes when the House votes, I think, within the next week,” Gibbs said on “Fox News Sunday.” “Whoever sits here at this time next week, I think will not be talking about health care as a proposal, but as the law of the land.” – Video Link Here

Mainstream Media Refuses to Disclose that “Independent” Pundits Are Actually Lobbyists

(WashingtonsBlog) – As reporter Sebastian Jones points out (see this and this), former Congressman Richard Gephardt runs a lobbying firm representing giant insurance and pharmaceutical companies. Continue reading

Power plant explosion in Connecticut, another cat-bond insurance scam? – Marc Stinebaugh

Only three days before the massive explosion that killed at least five workers at a natural gas plant in Middletown, Connecticut, the US Chemical Safety Board (CSB) issued urgent new recommendations on how to prevent explosions when handling or purging natural gas pipelines. Continue reading

AIG-Gate: The World’s Greatest Insurance Heist

Rumor has it that Timothy Geithner is on his way out as Treasury Secretary, due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:

Each day brings more revelations of efforts of the NY Fed and Goldman Sachs to hide the details of the criminal conspiracy of the AIG bailout. . . . This is a real crisis on the scale of Watergate. Corruption at its finest.

Continue reading

Virginia Senate Passes Health Care Freedom Act

(TenthAmendmentCenter) – Breaking: Today the Virginia State Senate passed Senate Bill 283 (SB283) by a vote of 23-17.

Provides that a resident of the Commonwealth shall not be required to obtain or maintain a policy of individual insurance coverage. This applies regardless of whether the person has or is eligible for health insurance coverage under any policy or program provided by or through his employer or a plan sponsored by the Commonwealth or the federal government. The measure also states that no provision of Title 38.2 renders a resident liable for any penalty, assessment, fee, or fine as a result his failure to procure or obtain health insurance coverage.

Also passed today is SB310 and SB417, both of which provide “that a resident of the Commonwealth shall not be required to obtain or maintain a policy of individual insurance coverage.”
Continue reading

MSM: UPDATE – Regulators Close 3 Banks In Minnesota, Illinois, Utah

(WSJ) – Three U.S. banks were shuttered on Friday night by state regulators, bringing the total number of bank failures this year to four, the Federal Deposit Insurance Corporation said. Continue reading

MSM: Insurance Group Says Stolen E-Mails Show Risk in Accepting Climate Science

(NYTimes) – A major trade group for the insurance industry is warning that it is “exceedingly risky” for companies to blindly accept scientific conclusions around climate change, given the “serious questions” around the extent to which humans cause atmospheric warming. Continue reading

Obamacare: A Runaway Train

Obama’s healthcare legislation is not more socialism, it’s fascism, pure and simple, with “our” government fronting for the private International Monetary/Banking Cartel’s insurance corporations, at great expense to all taxpaying Americans, who will be receiving far less health care than ever before. Continue reading

Not So Strange Health-Care Bedfellows – Campaign for Liberty

One thing can be said in behalf of the health-insurance overhaul currently shaping up in Washington: it has revealed the curious bedfellows that politics creates. Congress almost certainly will pass a bill that compels every American to have medical insurance. If his employer doesn’t offer it, he’ll have to buy it himself or be fined. Continue reading

Obamacare – A Runaway Fascistic Train – Terror Moles Escape Purge

Obama’s healthcare legislation is not more socialism, it’s fascism, pure and simple, with “our” government fronting for the private International Monetary/Banking Cartel’s insurance corporations, at great expense to all taxpaying Americans, who will be receiving far less health care than ever before. Continue reading

Proposed Legislation: IRS to Make Sure Americans Are Buying Health Insurance

(Cryptogon) – Internal Revenue Service agents already try to catch tax cheats and moonshiners. Under the proposed health care legislation, they would get another assignment: checking to see whether Americans have health insurance. Continue reading

Will Americans Reclaim Our Nation in 2010 From the Thugs and Con Artists?

(WashingtonsBlog) – The giant banks are treating the American Citizen like we work for them, are holding the economy hostage, and are taking our deposits and using them to speculate in casino style gambling. Continue reading

Compulsory Private Health Insurance: Just Another Bailout of the Financial Sector?

Dr. Benjamin Rush, a signer of the Declaration of Independence, is quoted as warning two centuries ago:

“Unless we put medical freedom into the Constitution, the time will come when medicine will organize into an underground dictatorship. . . . The Constitution of this republic should make special privilege for medical freedom as well as religious freedom.”

That time seems to have come, but the dictatorship we are facing is not the sort that Dr. Rush was apparently envisioning. It is not a dictatorship by medical doctors, who are as distressed by the proposed legislation as the squeezed middle class is. (For a withering analysis by an outraged M.D. of the nearly 2000 – page House bill, see here.) The new dictatorship is not by doctors but by Wall Street — the FIRE (finance, insurance, and real estate) sector that now claims 40% of corporate profits. Continue reading

Johanns: Health care bill unconstitutional

Senator Mike Johanns today voted in favor of a Point of Order declaring that the Senate health care reform bill is unconstitutional, and that Congress lacks the authority to pass the bill into law. The Constitutional Point of Order was introduced by Sen. John Ensign (R-NV) in response to concerns that certain provisions exceed the federal government’s constitutional powers. The Point of Order failed, 39-60. Continue reading

Compulsory Private Health Insurance: Just Another Bailout of the Financial Sector?

Dr. Benjamin Rush, a signer of the Declaration of Independence, is quoted as warning two centuries ago:

“Unless we put medical freedom into the Constitution, the time will come when medicine will organize into an underground dictatorship. . . . The Constitution of this republic should make special privilege for medical freedom as well as religious freedom.” Continue reading