Loading ...My kid told me that one…hmmm he smarter than me for quips.
Stand down BG and ipso
Re the Summer 2008 Melt Down Rotation and Bernie Madoff Getting Caught
Bernie Madoff was the tip of the ice berg. I told many people, there is a new rule. A new saying, for anyone doing something you are not supposed to be doing….
“What ever you used to get away with before 2008, you will now not be able to get away with”.
Basically after 2008, push is coming to shove, in a lot of situations.
“Insurance Fraud Hall of Shame: Doc’s skin scheme cuts deep”
part:
Sun-drenched Florida retirees who saw Sarasota dermatologist Dr. Michael A. Rosin about suspicious-looking spots on their skin were almost guaranteed to receive the same dreaded diagnosis: skin cancer, whether they had the disease or not.
Rosin performed invasive surgery on hundreds of patients who didn’t need the knife. And he cut deep. The more layers of skin he removed, the more he could fraudulently bill taxpayer-funded Medicare. So Rosin diagnosed cancer even when employees prepared biopsy slides with Styrofoam or chewing gum instead of real human skin.
“More than 90 percent of the patients who came into the doctor’s office had a biopsy and were diagnosed with cancer, had the same size lesions and always had four layers of surgery,” the Sarasota Herald-Tribune wrote.
Rosin ran his dangerous scam on at least 865 patients, averaging a robust 1,000 surgeries per year for four years. He bilked Medicare out of more than $3 million.”
“His “continued possession of a medical license, together with his demonstrated lack of good moral character, warped judgment, and lack of respect for the law raises a serious, immediate concern that he will use his medical license to defraud patients—as he has repeatedly done so in the past—thereby presenting a danger to the public health,” regulators charged.
Rosin received 22 years in federal prison, and must pay $3.7 million to Medicare, Aetna and his patients, plus a $25,000 fine.
“It is an outrage when a doctor knowingly performs invasive surgery that is medically unnecessary,” says U.S. Attorney Paul I. Perez. “We must continue to vigorously investigate and prosecute these types of cases.”
more:
http://www.insurancefraud.org/article.htm?RecID=2793#.VCjHFmMtCUk
silverngold @ 21:46 You don’t need their play book.
Just pay attention to what is going on. What countries are doing well, which ones need help. By the looks of that rocketing Dollar, we have to assume TPTB figured the US economy was strong enough to take a “hit” with a strong dollar. Its not ALL bad because consumers get cheaper gas etc. Obviously other countries like Europe are in trouble and needed weak currency right away. Generally, they choke off an economy (while helping another) until the “eyes bulge out” and then they relieve the grip, and let you breath.
Remember Bernie Maddoff? Remember the No Doc Liar Loans To The Unqualified
Remember the gov’t looking the other way on illegal immigration? The IRS scandal? Fast and Furious? Creating false evidence of US Dealers selling guns to drug cartels?
You can’t trust ANYBODY these days…Check this out….WATCH OUT. After de-industrialization, off shoring revenue, anything goes if it generates revenue.
Remember those artificially high home appraisals? And the “appraisers” are told, they better give a GOOD appraisal of they will be avoided next time? Same thing possible with medical “appraisals” Doctors need from radiological or testing labs.
Parts:
The fee-for-service nature of U.S. health care, where the hospitals and doctors get more money for every operation they perform, essentially rewards those that put more patients under the knife.
“There’s no financial reason not to do it, so there’s no pressure,” says Leape, the Harvard physician. “There are no regulators breathing down their backs; Medicare and the insurance companies continue to pay for it.”
“Doctors perform thousands of unnecessary surgeries”
A USA TODAY study found that tens of thousands of times each year, patients undergo surgery they don’t need.
Jonathan Stelly was 22, a semi-pro baseball player aiming for the big leagues, when a fainting spell sent him to his cardiologist for tests. The doctor’s office called afterward with shocking news: If Stelly wanted to live to age 30, he was told, he’d need a pacemaker.
Stelly knew it would be the end of his baseball dream, but he made a quick decision. “I did what the doctor said,” he recalls. “I trusted him.”
Months after the surgery, local news outlets reported that the Louisiana cardiologist, Mehmood Patel, was being investigated for performing unnecessary surgeries. Stelly had another doctor review his case. Then another. And another. They all agreed: He needed blood pressure medication, but he never needed the pacemaker.
“It’s a very serious issue, (and) there really hasn’t been a movement to address it,” says Lucian Leape, a former surgeon and professor at the Harvard School of Public Health. Leape, a renowned patient safety expert who began studying unnecessary surgery after a 1974 congressional report estimated that there were 2.4 million cases a year, killing nearly 12,000 patients.
Leape’s take today? “Things haven’t changed very much.”
Mr.Copper @ 17:50
I know the chart is right and accurate because it speaks for itself. What I don’t know is if we break out through that resistance line and other obvious chart patterns I choose to ignore will come into play. I can’t see that the dollar is in better shape than it was, and in fact it obviously is not, but that doesn’t mean it will go down when it hits that resistance. Unfortunately it will do whatever they want it to do because it, along with everything else, is under their perfect control.
Too bad we don’t have their playbook!!
Good Commentary!
Criticizing philanthropy doesn’t play well, but . . .
Submitted by Fred Hayek on September 28, 2014 – 7:37pm.
There are not many more worthless things you can do with $20 million than to give it to a college or university. Bill Gross gave $20 million, a huge sum of money, likely multiples of the total gross income I’ll make in my lifetime, to Duke University.
But, you know what? Duke University now has an endowment of over $6 Billion. That’s right. Bill Gross had $20 million to give away as a philanthropic gesture, and he gave it to an entity that essentially has 300 times that much dough sitting in the bank. Is there anything they could do after that, after he increased their holdings 0.3% that they couldn’t have done the day before?
What could St. Jude’s Hospital do with that? What could the Salvation Army do with that? What could he have done investing that as venture capital in some company or companies involved in manufacturing, not twee little phone apps but actual manufacturing of some sort that might employ blue collar men and women?
But, no, he didn’t do any of these things. He contributed a rounding error to an entity that, simply by the fact that it has amassed $6 billion of endowment, we can reasonably surmise has no fvcking clue how, or no intention, to deploy its resources to help students, families, the community or scholarship. Congratulations, Bill, feel GOOD about yourself! You took a huge something and almost assuredly made nothing out of it. What a grand person you must be!
Sorry for the rant.
And, I completely agree, AM that the timing of the departures of Gross and El erian do fit rather neatly with the thesis that the worldwide bond bubble is floating toward a landscape full of cacti.
And the games plays on
I awaited the first comment after posting…yes they will. They will play each and every digit created result..until you see and comment otherwise. I hope i have not upset you. Your comment is everything …
allow me ..their game plays on..
I will share later..Good night all…I am certain there are those awaiting to explain..that the gamer will play on ..never brave..
Might As Well Bite Down On A Stick….
Monday and Tuesday mark the end of the quarter. Look for the pump to be working overtime to keep the markets inflated for ‘bragging rights’. But the rest of the week could get a bit interesting….?
And the games play on. Well, at least for two more days anyways. 🙂
For those not watching
the term …the digits are buying all ..look into the depth of my shared comment…the insight my awaken the insightful..
I must share..charts..are created today insightful to guide the last standing in this wild wild illusions of investing..Frostbite’s insight..only smile.
Frostbite
Good evening,
My last post was on the topic of silver and the venues of buying the metal. I shared my opinion that silver eagles and maples were an excellent form of small units. Frankly after my post many shared that silver should be invested in volume and not quality of units. I will share this personal insight. Silver is silver BUT the market will, in the future and frankly now , look and except in high standard Government issued units over all . The small now market already is witness to this but I digress. Regardless , the point was very overfeed. I may apologize on the insight, but , Frankly will not.
Silver, will be the best asset to hold in the coming collapse. Will there be a collapse? yes.
In reference to the Fed and Dow..they are a one in the same. Each and everyone here must understand the old system to understand where we find ourselves tonight. I will not walk down that path of endless explanations. The fed was created long ago by the same ” team” that founded the Bank of England. It is historical and complex. In our very complex world where monthly there are very complex consolidation of all major assets. The venues of news media were long bought and gone. The sheep are not aware.
Hence ..you know, I sincerely hope, you have all understood by reading here , that this is an end game play. Can I be so bold to share what I really think? ..
We have walked here for a long time and witnessed absolutely everything we could not imagine could occur ..be it has..it is what it is until truth ..stands.
If truth were to stand and be conveyed …you may need silver…smile.
We all know ..truth has a costs to share..humm openly. Frankly..it is there for all to see…but the really. That old term..the fear to stand and delivery ..while we all understand
and look down ..walk to the final gates … they ….have awaiting for the folk..I am certain this may be “too heavy ” ..
I wish all readers here well..
I Think We All Knew The GLD Creation Was A Trick
The bankers made it very convenient and simple for people to buy and or sell, paper gold instead of physical gold. The buyers were “used” like a tool.
So the little people that bought GLD actually GAVE their money, a free loan, to the GLD managers (banks) so THEY could buy the Gold, and store it, with the “turkeys” money. The same USA turkeys that gleefully buy imported products.
So when the media told us “banks are buying gold” it was a half truth. They were buying it for GLD with “turkey’s” money, not THEIRS. And when the NON gold bug turkeys got scared, they sell GLD shares, and push the price down, and the Banks that hold LOTS of GLD can redeem shares for bullion on the cheap side.
silverngold @ 17:26 $USD chart
I hope your right. I hate to say this, but the dollar MIGHT be right exactly where it was in 1997, just as the Clinton Rubin, Greenspan, Summers jerks and their strong dollar policy, ran it to 120.
During those years, the strong Dollar was used to stimulate the global economy. We imported EVERYTHING!!! Cheap too. Steel was “free”, lumber too cheap, Copper was 46 cents, heating oil was 42 cents, $4 Silver and $250 Gold.
Take a look at the 1997 bar.
Currently “enjoying” Trader Dans crow pie. YUCK!!
I changed to a linear $USD chart and extended it back to its major top in 1985. That resistance now is $86.50 as he said while my shorter term resistance remains $86. Whatever….. I believe the $USD is topping by no later than November, and no greater than 86.50 if it breaks my shorter term resistance this month. Silverngold
look at this pyroclastic ash and dust in Japan
https://www.youtube.com/watch?v=Y75pJ1OrPmQ
Looks just like 9/11 if you ask me. But it surely was airplanes, box cutters and people that didn’t have a clue how to fly airplanes that caused 9/11. whoever was responsible for 9/11 used waaay too much explosives. They wanted to make sure that shite came down for good
ANY Encryption can be calculated out now…
That’s why there are so many massive corporate HACKS of sensitive data going on now. James McCanney wrote the book on how to calculate any Prime Numbers, which are the basis of digital encryption. They are all based on the (now proven false) assumption that Prime numbers cannot be calculated.
The Apple/Google encryption just puts the keys in the hands of the user. Law enforcement is whining because it slows them down and they don’t have instant access to a user’s data on demand. Now they gotta work at decrypting it. But they can still do it… it just slows them down.
Apple/ Google incription
or this wonderful highly touted achievement is just another bold face lie and actually the govy has the only encryption key they need in their pocket and they’re just lying as usual. Just report opposite of the truth. Heard everyone that’s trying to lie low from the law into the fold. Sounds like a setup to me. That’s how I handle it from the government propaganda machine. How are you going to know the truth? no thanks, I don’t buy it. Watch Snowden blow the cover off a story like this in about 6 months
Richard640
Here’s the chart of $USD with $Gold overlay from 1980. You decide! I’ll take …..Silverngold
“They’s” been a lot of talk about Hulberts historically bearish readings on gold lately….t’would be nice if…..
HULBERT INDICATOR=gold went up 200 a couple weeks after this signal…
says his indicator is at the 2nd lowest level ever, since 2000…
the lowest level occurred in june 2013 and gold went up 200 a couple weeks after this signal…
should we be ready for something similar here????
http://www.marketwatch.com/story/gold-may-rebound-as-extreme-bearishness-sets-in-2014-09-24
Martin Armstrong … I can’t agree more
FBI Blasts Apple, Google Phone Encryption: It “Allows People To Be Beyond The Law””
FBI director James Comey, who used to be the head prosecutor in NYC the most corrupt office in the system, had come out swinging at Apple and Google for developing forms of smartphone encryption so secure that law enforcement officials cannot easily gain access to information stored on the devices – even when they have valid search warrants. Of course, Mr Comey can only see the abuse of power of government as necessary and not the severe damage that has been done to the entire industry because of the abuse of the NSA and others. He said he could not understand why companies would “market something expressly to allow people to place themselves beyond the law.” Perhaps he should not work for government and then he might get it.
Largely because of the abuse of government, which is by itself beyond the law that he cannot grasp, this is not a question of only criminals. This is a matter of personal privacy that a government if FREE – has not right to violate. This is not all about him. This is what those in government cannot see. There is a real world out here with a right to LIBERTY, FREEDOM FOR ALL, and the right to PRIVACY. It was government outlawing condoms that led the Supreme Court to draw the line and say no – there is a right to privacy. That right was established in Griswold v Connecticut. Just how does one enforce you are not using a condom? Do government agents storm into your bedroom to inspect before having sex? This is what Comey just does not understand – sorry you have no such right. Prove your cases the old fashion way – with detective work.
James Comey needs to go back to law school to study the simple fact that the American Revolution began because of this very type of abuse of the search and seizure of private communications without warrants. George III (b 1738; 1760-1820) became king in 1760. In February 1761 Parliament enacted the Writs of Assistance that were challenged in court in Boston, Massachusetts. These were writs that empowered, like the NSA today at their discretion, the kings agents to search anything they suspected. The defending lawyer James Otis (1725-1783) pronounced these writs were “the worst instrument of arbitrary power, the most destructive of English liberty, and the fundamental principles of law, that ever was found in an English law book.” Otis warned that the king placed discretion in the hands of every agent to act as he desired. Nothing has changed for Comey can do whatever he desires and it is always the burden of the citizen to still prove he has any rights whatsoever.
John Adams (1735–1826; 2nd President 1797–1801) was there in the audience at that hearing that day. Adams was so moved by the four hour speech of James Otis that he declared: “Then and there was the first scene of the first act of opposition to the arbitrary claims of Great Britain. Then and there, the child independence was born.”
I am sure the kings men also viewed their power as necessary as Comey does today. They could simply enter someone’s home and search all your papers. If you wrote anything derogatory against the king, off you went to prison. This is what inspired the American Revolution and the Fourth Amendment that there had to be a reason to search not just arbitrary desire to want to know and lets see what we can find as the NSA and FBI do today. This is the very essence of LIBERTY. You cannot pretend to be the leader of the free world with people like Comey in government.
Allianz
Buying Pimco …What the Hell were they thinking ? If Our Bond Market takes a Dive and so does Germany ! Is this that Socialist mentality that thinks it ok as long as we all go down together .What a stupid mistake for what is considered to be a sophisticated Country !
Like lemmings junping off a cliff …everybodys doing it ! This is the future of Western thinking ,Communists love to give everybody their share of the Poverty….its the only thing they do well…..They can’t raise standards up ,so they pull everybody down to the same level Thats what they have to offer ..a Race to the bottom misery loves company and politicians stay in office explaining “Im no worse than the other guy ! Is that what they have to offer ? Its pitiful !
