by Jim Emerson, staff writer
On the morning of December 7, 1941 American forces were surprised by a sneak attack launched by the Imperial Japanese Navy. This attack killed 2,402 Americans. The attack was an attempt to shut down the U.S. Navy to prevent it from interfering with the Empire’s plan to invade South East Asia and Western held territories. There were simultaneous Japanese attacks on the Philippine Islands and on British forces in Malaya, Singapore, and Hong Kong. This was, as President Franklin D. Roosevelt described it, “a date which will live in infamy.”
Historians have blamed this attack on the failure of America’s military intelligence apparatus. Military intelligence intercepted and decoded Japanese diplomatic communications that would have alerted decision makers before the sneak attack. The problem with good intelligence in the hands of military and civilian bureaucrats is that the reports often never make into the hands of the right people.
September 11, 2001 … Continue Reading:Intelligence failures turn deadly thanks to political corruption
by Doug Book, editor
The Financial Times reports that “the U.S. Federal Reserve is considering the possibility of arbitrarily cutting the amount of interest it pays on money that it borrows from private commercial banks.” Private banks, of course, make a great deal of money this way.
But should the Fed make this decision, banks which have historically paid their customers a small amount of interest for the use of their money may well begin “…charg[ing] private individuals and businesses for the privilege of “parking” their money in an account for a time.”
Could such a policy create a bank run? That’s what happened on Cyprus when its government decided to TAX all private bank deposits as a means of, “…feeding [that] government’s never-ending hunger for money.” In fact, Cyprus closed all of its banks for 10 days, after which depositors were permitted to withdraw a maximum of just $383 per day. Access to its citizens OWN MONEY … Continue Reading:Government plans to survive hard times by keeping Americans away from their own money
One of the many huge issues with the infamous healthcare.gov website, that is only now getting the notoriety it deserves is this: There is currently no mechanism to get payments from the enrollees to the prospective insurance companies.
But, hey…No prob, bro. The insurance companies can simply submit their estimates to the Feds, who will get them the money—all to be settled up later.
Quoting from the article…
Health plans will estimate how much they are owed, and submit that estimate to the government. Once the system is built, the government and insurers can reconcile the payments made with the plan data to “true up” payments, he said.
The fix puts an additional burden on insurance companies, already taxed by having to double-check faulty enrollment data from the HealthCare.gov system.
Now, companies need to quickly put together financial management systems to make the payment estimates, so they can be paid beginning in January.
Absolutely amazing, isn’t it? Obama … Continue Reading:No Payment System? No Problem
Self-employed businessman Cornelius Kelly and his pediatrician wife Jennifer are two of the approximately 5 million Americans to have had a perfectly acceptable health insurance plan cancelled, thanks to ObamaCare.
When Kelly browsed New York’s ObamaCare exchange for a replacement family plan, he discovered, to his astonishment, that “…none of the plans would include the youngest member of his family who, according to a[n exchange] representative, until her second birthday would have to have a separate insurance policy of her own.” (1) Kelly, his wife and children aged 3, 5 and 6 could obtain an ObamaCare Family Plan priced between $800 and $2500 per month. BUT the 18 month old baby would have to have her OWN health insurance policy, priced from $117 to $360! Three different people at New York’s ObamaCare exchange told Kelly exactly the same thing: under 2, TOO BAD!
Fortunately, the Kellys found a private plan which would accommodate ALL members of the family for … Continue Reading:New York ObamaCare Exchange REFUSES to cover children under 2 (until the media takes an interest)
Who can forget the heady days of 1972-1974 when the Watergate scandal dominated the media? I’m no fan of Richard Nixon, but compare how he was handled by the Washington Post to how this same paper is giving the kid gloves treatment to Barack Obama. No objective observer can dispute that the crimes of the Nixon administration pale in comparison—in both quantity and severity—to those of the current administration.
Finally, though, there are some negative pieces in WaPo, including a front page story on December 2nd noting that:
The enrollment records for a significant portion of the Americans who have chosen health plans through the online federal insurance marketplace contain errors—generated by the computer system—that mean they might not get the coverage they’re expecting next month.
The errors cumulatively have affected roughly one-third of the people who have signed up for health plans since Oct. 1, according to two government and health-care industry officials. The White … Continue Reading:Has The Media Become Irrelevant?