Showing posts with label Predatory Capitalism. Show all posts
Showing posts with label Predatory Capitalism. Show all posts

Saturday, September 17, 2022

Never Forget That BLM Was/Is A Warren Buffet Production (Originally Posted 10/13/20)

 Obama's The Poster Child And His Cousin Warren Buffet's The Money Behind Black Lives Matter

tabletmag  |  Tides was founded in 1976 by Drummond Pike, a California real estate investor who named the entity after a Bay Area bookstore popular among left-leaning activists. From the beginning, according to their own documents, Tides was designed unlike most other nonprofit institutions. Rather than building up or spending down an endowment, it sought to become more like a sophisticated piece of software—a financial instrument that would allow wealthy individuals and donors to contribute to the causes of their choosing with more anonymity than is generally allowed by the laws governing ordinary nonprofits.

Recently, after Pike stepped away, the Tides network has taken on a distinctly political role, whose guiding star appears to be Barack Obama. The secretary of the Tides board is Suzanne Nossel, the CEO of PEN America and a former deputy assistant secretary of state for international organizations in the Obama administration; board member Cheryl Alston was appointed by Obama to the advisory committee of the federal pension program. Peter Buttenwieser, the heir to the Lehman Brothers fortune who passed away in 2018, financed a fund in his own name which is administered and distributed entirely by the Tides Foundation. A “major behind-the-scenes supporter of Democratic candidates,” Buttenwieser was one of President Obama’s earliest high profile backers, helping the then-senator organize his bid for the White House.

Moreover, Atlantic Philanthropies, a nonprofit created by billionaire retailer Chuck Feeney in the 1980s, has directed more than $42 million in grants through the Tides network since 2000. Based in Bermuda, Atlantic Philanthropies was able to participate in political lobbying efforts in ways that continental United States nonprofits cannot. Atlantic became increasingly aggressive under the Obama administration. As Gara LaMarche, Atlantic’s president, said in one think tank address, when Obama was elected “we saw opportunities to assist our grantees in moving forward more rapidly and broadly in a number of areas central to our mission.” In return, Atlantic dispensed $27 million to help push Obamacare through Congress. At the ceremony to sign Obamacare into law, LaMarche stood beside President Obama in the East Room of the White House.

In any case, what’s clear is that there is now a sophisticated and complex structure underneath what many assume to be an organic and spontaneous social movement, one with deep pockets and ambitious goals. “After over fourteen years of learning and over 700 million dollars invested ... the collapse we have been expecting is surely underway,” reads the NoVo Foundation’s website. Right now there’s only this one statement on the site, which is under construction as noted: “Working on solutions now so old patterns of power can’t, once again, re-form to rebuild and continue to repress.”

Friday, September 16, 2022

Warren Buffet Long Ago Needed To Go Out Like One Of These Mysteriously Dying Russian Oligarchs

Warren Buffet should be sorely ashamed of himself, but Obama called his greedy POS cousin “an example of what’s best in this country” before he became President. And Buffett was widely reported as Obama’s best buddy in 2011. 

Warren Buffett’s Exploitative Mobile Home Investment – Forbes

Warren Buffett’s mobile home empire preys on the poor

Special Investigation: The Dirty Secret Behind Warren Buffett’s Billions

Buffet is the self-same POS who bankrolled and ran the scam shyster Black Lives Matter chicanery and who was just now on the verge of triggering a rail workers strike that would have absolutely crippled supply chains all across the United States.

commondreams |  "Warren Buffett, the owner of BNSF Railway's parent company, worth $100 billion, must intervene," said the Vermont senator. "During the pandemic, Mr. Buffett became $36 billion richer."

With rail workers on the verge of launching a national strike over atrocious conditions and a lack of sick days, Sen. Bernie Sanders on Tuesday called on billionaire Warren Buffett to intervene and ensure that BNSF Railway—a company owned by Buffett's Berkshire Hathaway—offers its employees adequate pay and quality-of-life policies as negotiations remain stalled.

"In the midst of a potential rail strike, Warren Buffett, the owner of BNSF Railway's parent company, worth $100 billion, must intervene," Sanders (I-Vt.) wrote on social media. "During the pandemic, Mr. Buffett became $36 billion richer. He must ensure that rail workers receive decent wages and safe working conditions."

"The railroad industry, which made $20 billion in profits last year, cannot continue to deny workers paid sick leave."

Buffett—who famously said "there's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning"—has previously dismissed Sanders' requests to step in on the side of workers in contract disputes involving the billionaire investor's companies.

Members of several national U.S. rail unions could go on strike Friday as freight rail carriers refuse to budge on workers' push for changes to attendance policies that the unions say are "destroying the lives of our members." BNSF and Union Pacific Railroad both have points-based attendance policies that penalize employees even if they're forced to take a day off due to a family emergency or doctor's visit.

"Penalizing engineers and conductors for getting sick or going to a doctor's visit with termination must be stopped as part of this contract settlement," the heads of SMART Transportation Division and the Brotherhood of Locomotive Engineers and Trainmen said in a statement Sunday. "Let us repeat that, our members are being terminated for getting sick or for attending routine medical visits as we crawl our way out of a worldwide pandemic."

Sanders, the chair of the Senate Budget Committee and a longtime ally of the labor movement, spotlighted the rail workers' fight for better conditions on Tuesday, declaring that "the railroad industry, which made $20 billion in profits last year, cannot continue to deny workers paid sick leave."

"It is unacceptable and dangerous for conductors and engineers to be on call for 14 consecutive days, 12 hours a day, and then get fired for going to a doctor," the senator added.

Wednesday, March 30, 2022

How Can The U.S. Maintain Prosperity If It's Lost Its Capacity For Wealth Creation?

globalresearch |  GR: I think that resolving Ukraine is sort of like a short-term deal, but the longer term is going to be in fact shaking Europe away from NATO and the United States degree of influence.

MH: United States is thoroughly in control of European politicians. The only opposition to NATO and the US in Europe is the right wing. The nationalist wing. The left wing is fully behind the United States and has been ever since, really the National Endowment for Democracy and other US Agencies really took control of the left-wing parties throughout Europe. They’ve Tony Blairized the European left, the Social Democratic parties in Germany and the rest of Europe, the labour parties in England, these are not labour and not socialist, they’re basically pro-American neoliberal parties.

GR: I know that Russia is very rich in mineral deposits, its rich in oil and gas as well. Russia and Ukraine form part of the breadbasket of the world. And as they control the important minerals like lithium and palladium and so forth, so they’re dealing with Ukraine, part of that plan, as a result you’re going to see, as I mentioned, a lot of impacts worldwide including food, and we’re probably going to start to see even food shortages pretty soon.

MH: That is the intention, You have to realize that this was anticipated. Without gas, already German fertilizer companies are going out of business because fertilizer is made out of gas, and if they can’t get their Russian gas, they can’t make the fertilizer, and if you don’t have the fertilizer, the crops are not going to be as prevalent and abundant as they were before. So all of this, you have to assume that, it’s so obvious, they knew this would happen, and they expect the United States to benefit from the cost squeeze that it’s imposing on food importers to the US benefit.

GR: I just want to get a sense of what the United States has to fight back with. I mean, they had the prestige of the dollar in their ability to make up things, but they also have control, through using, confiscating, for example, the gold and the deposits of the Russian government, the Russian Central Bank. Are these efforts going to be, is that the sort of thing that they have, I mean we could also talk later on about the actual military, but could you talk about those sorts of tools that the United States has to fight back against Russia?

MH: Well, the obvious tool is that’s used for the last 75 years has been bribery. European politicians especially are very easy to bribe. And most countries, just simply paying them money, and backing their political campaigns, meddling in other countries by huge financial support of pro-US politicians is the obvious way. Targeted assassination ever since World War II when the British and Americans moved into Greece and began shooting all of the anti-Nazis because they were largely socialists, and England and America wanted to restore the Greek monarchy. You have Operation Gladio in Italy, you have the targeted assassinations from Chile all the way through the rest of Latin America and its wake. So, if you can’t buy them, kill them.

Then there are various military forces. And the main tool that the US has tried to use is sanctions. If they can’t get their oil, or finance it in gas or food from Russia, then America can simply turn off their food supply. And turn off critical raw materials and interrupt their economic processes because there are so many different components that you need for almost any kind of economic activity…

The United States was looking for pressure points. And it is going to try to work on the pressure points, sabotage certainly, is another tool that’s being used, as you see in Ukraine. So the question is whether this attempt on pressure points is going to force other countries to, certainly it’s going to cause suffering. In the short term for these countries.

Over the longer-term, they’re going to see, we’re going to have to become self-sufficient in the main pressure points. We’re going to have to produce our own food. Not import our wheat. We’re going to have to shift away from growing export plantation crops and have our own grain, maybe return to family size farming to do all this. We’re going to have to produce our own arms, we’re going to have to have our own fuel sources, and that would include solar energy and renewable energy to become independent of the American-dominated oil and gas and coal trade. So the longer-term, even medium-term effect of all of this is going to make other countries self-sufficient and independent.

There will be a lot of interruptions, even starvation, a lot of property transfers and disruption, but over the long term, the United States will, is destroying the idea of a single interconnected globalized order because it’s separated Europe and North America from the whole rest of the world.

GR: How is… When it comes to dealing with the oligarchs in Russia, and what they’re facing with these sanctions, do they want the sanctions to be ended so they can get involved with the United States, or are they taking to Putin and a “let’s do it on our own approach?”

MH: In the past, the oligarchs were very western oriented because when they transferred Russia’s oil and gas and nickel and real estate into their own hands, how did they cash out? There wasn’t any money in Russia because it was all destroyed in the, after 1991 in the shock therapy. The only way they could cash out was by selling some of their stocks to the west. And that’s what Khodorkovsky wanted to do when he wanted to sell Yukos to, I think, the Standard Oil Group. And now that they realize that the United States can simply grab their yachts, grab their British real estate, grab their sports teams, grab the assets they hold in the west, they’re realizing their only safety is to hold it within Russia and its allied economies, not US-based economies where whatever they have in the west can be grabbed.

So yes today, or yesterday, Chubais left Russia for good and went to the west, and you’re having the oligarchs choose. Either they remain in Russia and look at their wealth by creating Russian means of production or they leave Russia, they take their money and they run and hope that the west will let them keep some of what they stole.

GR: Among the countries that are not going to be supporting the sanctions against Russia or China, India, Kazakhstan, Tajikistan, Kurdistan, I mean all those countries in the Central Asian region. And that seems to be benefiting the Belt and Road Initiative, I think.

MH: You’d think so. The big question mark is India. Because it’s so large. And India has already positioned itself to be the intermediary for a lot of financial trade financing with Russia. India is also prone to be pro-American. And Modi in the past politically has been very pro-American. But the fact is if you’re looking at India’s implicit national economic interests, its economic interests lies with the region it’s in. With Eurasia, not with the United States.

So the question is, I think within the Pentagon and the state department, their big worry is, how do we keep control of India in the US hands? That’s going to be the big crisis areas for the next few years.

GR: Maybe I’ll, maybe get you to put on your glasses to sort of looking ahead into the future. Maybe a couple of years from now. Given the prevailing trends, how is this going to play out? Is this, is it going to have one side advanced more than the other or is it going to be a nuclear husk? What is your thinking?

MH: I don’t think it’ll be nuclear, although it could, given the crazy neocons with their Christian fundamentalists in Washington, people like Pompeo thinking that Jesus will come if you blow up the world. I mean, these people are literally crazy.

I worked with National Security people 50 years ago at the Hudson Institute, and I couldn’t believe that human brains were as twisted as they were, wanting to blow up much of the world for religious reasons. And for ethnic reasons, and for personal psychology reasons. And these are the people that have somehow risen to a policy-making position in the United States, and they’re threatening not only the rest of the world, but of course the US economy as well.

But I don’t think atomic war is likely. I think that the United States is going to try to convince other countries that neoliberalism is the way that they can get rich. And of course, it’s not.

Neoliberalism impoverishes. Neoliberalism is a class war against labour by finance, primarily, and a class war against industry. A class war against governments. It’s the financial class really against the whole rest of society seeking to use debt leverage to control companies, countries, families and individuals by debt. And the question is, are they really going to be able to convince people that the way to get rich is to go into debt. Or are other countries going to say, this is a blind alley. And it’s been a blind alley really since Rome that bequeathed all the pro creditor debt laws to western civilization that were utterly different from those of the near east, that, where civilizations take off.

GR: And just maybe a final thought, I mean, I’m based in Canada, and it seems when I’m hearing about de-dollarization at the sinking of the US economy and how things are going to go for ordinary individuals, and I’m wondering if Canada can somehow escape that trajectory next to me or are we kind of manacles at the wrists, where the United States goes, we’re going there too?

MH: Canada is completely controlled by the banking sector. I wrote an article for the government’s think-tank, Canada and the New Monetary Order, in 1978, detailing how Canada was dependant. It’s very debt-financed, financially controlled, and its government is utterly corrupt. The neoliberal party, the liberal party there is fairly corrupt, and so are most of the other parties, and they look at the United States as protecting the corruption and economic gangsterism that enables them to control Canada.

GR: Well, Michael Hudson, I guess we’ve got to go now, but thanks for that very large and interesting discussion on our survival, how we survive this war, and what the consequences will be. Thank you very much for being my guest on Global Research.

MH: It’s good to be here.

Sunday, March 20, 2022

Your Humanity Is Of No Consequence In A World Designed And Ruled By Egregores...,

ineteconomics  |  The roots of the neoliberal perspective sprung from a world shattered by the collapse of empires and the chaos produced by the first World War. Austrian economists and business advocates in the 1920s and ‘30s, like Ludwig von Mises and Friedrich Hayek, working at the time in the Vienna Chamber of Commerce, worried about how a rump nation like Austria could get along in the new global landscape. The specter of socialism and communism in Hungary, part of the old Habsburg Empire, which briefly went red in 1919, added to their anxiety. They were also afraid of rising nation-states calling the shots on economic matters by doing things like raising tariffs – especially nations governed by democracies that recognized the interests of regular people. The spread of universal male voting rights set off alarm bells that power was shifting.

How could capitalists survive without a vast network of colonies to rely on for resources? How could they protect themselves from continuing interference in business and seizures of private property? How might they resist increasing democratic demands for more broadly shared economic resources?

These were big questions, and neoliberal answers reflected their fears. From their viewpoint, the political world looked frightening and uncertain – a place where the masses were constantly agitating to disrupt the realm of private enterprise by forming labor unions, conducting protests, and making demands to reallocate resources.

What neoliberals wanted was a sacred space free from such turmoil – a transcendent world economy where capital and goods could flow without restraint. They imagined a place where capitalists were secure from democratic processes and protected by carefully constructed institutions and laws — and by force, if necessary. Neoliberals weren’t fully opposed to democracies as long as they could be constrained to provide a safe haven for capitalists, but if they didn’t, many thought that authoritarianism would do just fine, too.

These early stirrings of neoliberalism were thus a kind of theology, a utopian longing for an abstract, invisible world of numbers that humans could not spoil. In this promised land, talk of social justice and economic plans to enhance the public good was heresy. “Society” was a realm which, at best, should be kept strictly separate from the economy. At worst, it was the enemy of the global economy — the troublesome domain of nonmarket values and popular concerns that got in the way of capitalist transcendence.

After World War II, the neoliberals organized formally as the Mount Pelerin Society, in which key figures like Hayek pushed the vision of a “competitive order” where competition among producers, employers, and consumers would keep the global economy humming along smoothly and protect everybody from abuse (quite an idea, that). Protections like social insurance and regulatory frameworks were unnecessary.

Basically, the market was God, and people were here to serve it – not the other way around.

For neoliberals, the twentieth century wasn’t about the Cold War, which didn’t much interest them. It was about fighting against things like Franklin Roosevelt’s New Deal and what they considered dangerous totalitarian schemes of economic equality. As historian Quinn Slobodian put it in his book Globalists: The End of Empire and the Birth of Neoliberalism, they set their sights on the “development of a planet linked by money, information, and goods where the signature achievement of the century was not an international community, a global civil society, or the deepening of democracy, but an ever-integrating object called the world economy and the institutions designated to encase it.”

Neoliberals dedicated themselves to protecting unrestricted global trade, crushing labor unions, deregulating business, and usurping government’s role in providing for the common good with privatization and austerity. While it’s true that most Western governments, as well as powerful global institutions like the World Bank and International Monetary Fund, are deeply influenced by neoliberalism today, it really wasn’t until the 2007-8 Global Financial Crisis that most people had even heard of the movement.

That’s because, for a long time, neoliberalism invaded our lives like a stealth virus.

Friday, March 11, 2022

T-Shirt Churchill Damn Near As Gangsta As "The Big Guy" Brandon

occrp  |  Ukrainian President Volodymyr Zelensky rode to power on pledges to clean up the Eastern European country, but the Pandora Papers reveal he and his close circle were the beneficiaries of a network of offshore companies, including some that owned expensive London property.

Key Findings

  • Ukrainian President Volodymyr Zelensky and his partners in comedy production owned a network of offshore companies related to their business based in the British Virgin Islands, Cyprus, and Belize.
  • Zelensky’s current chief aide, Serhiy Shefir, as well as the head of the country’s Security Service, were part of the offshore network.
  • Offshore companies were used by Shefir and another business partner to buy pricey London real estate.
  • Around the time of his 2019 election, Zelensky handed his shares in a key offshore company over to Shefir, but the two appear to have made an arrangement for Zelensky’s family to continue receiving money from the offshore.

Actor Volodymyr Zelensky stormed to the Ukrainian presidency in 2019 on a wave of public anger against the country’s political class, including previous leaders who used secret companies to stash their wealth overseas.

Now, leaked documents prove that Zelensky and his inner circle have had their own network of offshore companies. Two belonging to the president’s partners were used to buy expensive property in London.

The revelations come from documents in the Pandora Papers, millions of files from 14 offshore service providers leaked to the International Consortium of Investigative Journalists and shared with partners around the world including OCCRP.

The documents show that Zelensky and his partners in a television production company, Kvartal 95, set up a network of offshore firms dating back to at least 2012, the year the company began making regular content for TV stations owned by Ihor Kolomoisky, an oligarch dogged by allegations of multi-billion-dollar fraud. The offshores were also used by Zelensky associates to purchase and own three prime properties in the center of London.

The documents also show that just before he was elected, he gifted his stake in a key offshore company, the British Virgin Islands-registered Maltex Multicapital Corp., to his business partner — soon to be his top presidential aide. And in spite of giving up his shares, the documents show that an arrangement was soon made that would allow the offshore to keep paying dividends to a company that now belongs to his wife.

A comedian and actor who had been famous since the 2000s, Zelensky began his political rise a few years after taking on a starring role in the political satire “Servant of the People,” which began airing on the oligarch’s network in 2015. The show starred Zelensky as a humble history teacher whose anti-corruption rant in class is filmed by a student, goes viral online, and wins him national office.

In a case of life imitating art, Zelensky ended up winning the real-world Ukrainian presidency just three-and-a-half years after the show’s launch, with more than 73 percent of the vote.

Zelensky capitalized on widespread public anger at corruption, but his 2019 campaign was dogged by doubts over his anti-graft bona fides, given that his campaign was boosted by media belonging to Kolomoisky — who is accused of stealing US$5.5 billion from his own bank and funneling it offshore in concert with his partner, Hennadiy Boholiubov.

In the heat of the campaign, a political ally of incumbent President Petro Poroshenko published a chart on Facebook purporting to show that Zelensky and his television production partners were beneficiaries of a web of offshore firms that allegedly received $41 million in funds from Kolomoisky’s Privatbank.

Former General David Petraeus Central European Media Mogul?

ojim  | All his life, Petraeus has built up his career by courting those highest in power. His passage from the summits of military and intelligence fields to the ranks of financiers is typically seen as one of retirement or resignation. We are inclined to see it as a promotion.

The career of David Howell Petraeus follows the same ascending line and the same red thread: the manipulation of perceptions. His case illustrates a radical change in the world of media. Before him, no one could have imagined a former chief of intelligence at the head of the media, especially not in a country he had helped to destroy. An enemy general, head of the secret service, and a propaganda specialist, he has imposed himself on the media of a bombed nation, under the pretext of bringing objective information to it – a real tour de force. But nothing shocks hearts and minds already conquered.

In the 1970s and 1980s, KKR was the pioneer of LBO, or the “leveraged buyout” – leverage here signifying massive debt. The architect of this concept, Jerome Kohlberg, soon worried by the “overpowering greed that pervades our business life,” would leave the fund he had created, leaving only his K at the head of the acronym. Following his departure, it was the second K, Henry Kravis, who would lead these LBOs to skyrocket, thus earning KKR the unflattering nickname of the “Barbarians of Wall Street” (the best-seller and film “Barbarians at the Gate” are dedicated to their historical LBO on RJR Nabisco). They would remain the champions of this method, despite the practice often resulting in the dismemberment or even bankruptcy of the companies bought, as was the case with their other historical LBO: Energy Future Holdings. The same method is now practiced by Patrick Drahi, who built his media empire on colossal debt.

At the end of 2016, Donald Trump was considering Petraeus for head of US diplomacy, but he would remain with KKR, henceforth as a partner. Kravis and Petraeus are also members of the Council on Foreign Relations and regular participants in Bilderberg meetings. Kravis was ranked 38th on the list of the richest Jews by the Jerusalem Post.

The “financial barbarians” spearheaded by Petraeus have erected a true media empire, but they have done so very discreetly, shying away from public scrutiny. Rare, reluctant, and belated investigations have, however, eventually revealed some details.

In 2015, a “Report on Ownership Structure and Control over Media in Serbia” by the Serbian Anti-Corruption Council identified the lack of transparency of media ownership as its priority issue. The following year, the ownership structure of United Group was investigated by the Slovenian newspaper Delo in cooperation with the Organized Crime and Corruption Reporting Project (OCCRP). Their article “On the Dark Side of Telemach” finally allowed the people of the region a behind-the-scenes look at their prime source of information. What they found in their probe was a labyrinth of ghost offshore companies, mushrooming in tax havens in order to hide the original owners and their financial networks.

 

Zelenskyy: The Servant Of The People

chesno |   The financial statements from the Servant of the People indicate that the party collected 226 million hryvnias (~$8 million USD) in donations while Zelenskyy and his associates’ election accounts collected 200 million hryvnias (~$7 million USD).

These numbers themselves seem relatively unremarkable, but the sources and types of donations are much more interesting.

Chesno reported that from September 2018 to September 2019 only 94 people donated to Servant of the People. Of the 94 people, most of these were entrepreneurs or sole proprietors. Most of the donations came from Kyiv, followed by donations from Odessa and Dnipro.

Chesno also found that 44 legal entities donated to the Servant of the People and Zelenskyy, with 34 of these entities donating 3 million hryvnias ($105,000 USD), which is just under the 3.3 million hryvnia ($120,000) limit placed on donations. The majority of these donations came from either Kyiv or Odessa.

More than 99% of all donations were more than 100,000 hryvnias ($3,500 USD); only two donations of less than 10,000 hryvnias ($350) were received in this time period.

To contextualize these figures, the minimum wage in Ukraine is 6,000 hryvnias per month ($220 USD) and the median salary in Ukraine is around 21,000 hryvnias ($775 USD).

This means that the majority of donations received by Zelenskyy and Servant of the People were more than what most Ukrainians make over five or six months of full-time work.

Chesno also found that some of the 94 personal donations came from questionable sources. Chesno interviewed Tetyana Staneva, who lives in a village in Odessa and has no business registered in her name. She donated 1.5 million hryvnias ($52,000 USD) to the Servant of the People party, telling Chesno, “It’s not just my money, I just sent it. This is a group of like-minded people, we did it together.” It should be noted that this is against Ukrainian law, which says that individual citizen must make financial contributions to political groups personally, and not as a collective.

Investigators identified one of the 44 entities that donated as Yaroslava Reklama, LLC, registered to a 22-year old cook named Yaroslav Kuzka who works at one of Kyiv’s restaurants. Yaroslava Reklama LLC, transferred the maximum donation of 3.3 million hryvnias ($120,000 USD) to Servant of the People. Upon investigating the address to which Yaroslava Reklama LLC was registered, journalists found that tenants in the area had never heard of the company.

Another company, Prom Import LLC, was registered to a woman named Juliana Kuku. She complained on her social media accounts that business was “not going well”, but at roughly the same time, made a 500,000 hryvnia ($16,000 USD) donation to Servant of the People.

Chesno also found that of the 44 entities that donated to Servant of the People, four of them changed their addresses within two days of one another in December 2018, leading investigators to conclude that many of the donors were likely linked.

It is perhaps remarkable to consider that although only 94 persons and 44 legal entities donated to Servant of the People, that it grew to controlling 254 of 450 seats in the Verkhovna Rada despite not existing less than six months before.

Saturday, February 26, 2022

An Indictment Of The European Union

braveneweurope  |  Perry Anderson’s evisceration of the European Union’s past and present in three long articles in the London Review of Books is remarkable in at least three ways.  First, for its lucidity and intellectual richness: my summary can in no way substitute for reading the whole, which I strongly recommend.  If many of its arguments are broadly familiar to critics of the EU, they have rarely been so cogently expressed, or with such controlled anger and command of detail.  Second, because it comes from a leading Left-wing intellectual—though this will be no surprise to Left-inclined Leavers or to those who have followed some of Anderson’s earlier writings.  Third, because it appears in a journal whose overwhelming majority of readers must be archetypal metropolitan Remainers: so all credit to the LRB’s editors.  I look forward with anticipation to a flurry of Letters to the Editor attempting to reply to Anderson’s indictment.  But so far, not one.

The first article, ‘The European coup’ (17 December) is an extended discussion of the political history of European ‘integration’ (apparently an American term), focusing on a book by a Dutch philosopher-historian, Luuk van Middelaar, The Passage to Europe: How a Continent Became a Union (Yale, 2013).  The significance of this book is that it has been widely praised as the most intellectually penetrating and stimulating of the many (often deadly dull) histories of European integration.  Donald Tusk hailed it as ‘the most insightful book on European politics today’.  Sir Ivan Rogers described it as ‘brilliant’.  Its triumphalist vindication of the European project won its author plaudits and prestigious appointments as advisor to a succession of prominent EU politicians.

Anderson thus chooses to analyse the history of the EU, and its pre-history in the early 19th century Restoration, through the eyes of one of its most intelligent apologists.  But he turns Middelaar’s triumphant saga into a withering examination of the political means by which it was carried out.  Middelaar unashamedly presents the EU as created through a series of ‘coups’, through which powers were taken and changes made by short-circuiting or simply overriding legal and democratically sanctioned procedures in the name of political necessity—an idea, as Anderson shows, that draws on a strand of European political thought going back to Machiavelli.

One of the most crucial of these ‘coups’ was in Milan in 1985, when Bettino Craxi, as chairman of the European Council, ruled that an inter-governmental conference was not needed to change the Treaty of Rome, as this was merely a question of procedure, not of substance.  This for the first time overrode the opposition of a minority of member states, including Britain.  Middelaar hails it as a brilliant bluff, a ‘coup disguised as a procedural decision’.  What Middelaar typically ignores, but Anderson points out, is that Craxi was ‘the single most corrupt Italian politician of his time’, who had to flee into gilded exile in Tunisia to live off his ill-gotten gains.  Thanks to Craxi, ‘the gate was unbarred’ to a series of treaty changes decided by heads of government alone and which created the EU.  The article ends tellingly by quoting EU President Herman van Rumpuy (to whom Middelaar was a close advisor): ‘I believe the Union is over-democratised.’

The second article, ‘Ever Closer Union?’ (7 January) is a close examination of the history and functioning of the EU’s principal institutions: the Court, the Commission, the Council, the Parliament and the Central Bank.  The founding fathers of the Court, notes Anderson, included former Nazis, an Italian fascist, and a French collaborator: nearly all appointees were not lawyers but politicians, as they remain.  The Court has always been ‘the driving force of integration’ at the expense of the legal rights of nations and civil-society bodies such as trade unions.  It has brazenly ignored or distorted European treaties and laws, acting beyond its powers in more of Middelaar’s ‘coups’.  Most fundamental was its assertion that European law overrode national law—a theory first formulated by another former Nazi lawyer, Hans Peter Ipsen, but which had no basis in the European treaties.  Most significant of all, the Court is unique in the world in being entirely unaccountable to anyone.  Its decisions are secretive, final and effectively irreversible.  In short, powers ‘that no analogue in a democracy has ever possessed.’

Anderson subjects the other EU institutions to similar scrutiny.  Their common features are secretiveness, democratic unaccountability, and ‘consensus’—‘a façade of unanimity’ principally imposed by Germany and France.  The exception is the Parliament, but this ‘least consequential component of the Union’ merely provides ‘the appearance of a democratic assembly behind which oligarchic coteries are comfortably entrenched.’  The Central Bank, like the Court, is unique for being completely unaccountable to any outside authority, let alone any democratic institution, and so it is able to break the treaties which in theory empower it.

What has been created is a system of interlocking oligarchies on a pre-democratic pattern.  The horizontal relations between governments of ‘member-states’ (no longer independent sovereign states) are more important than the vertical relations between those governments and their citizens, to whom political decisions are presented as faits accomplis unconnected with, and sometimes clearly opposed to, popular mandates.

Who benefits?  Certain countries (principally Germany) and certain economic interests.  And of course, the oligarchy itself:

Thursday, February 24, 2022

Bankster Tops And Politician Bottoms...,

caitlinjohnstone |  "Canada strongly condemns Russia’s recognition of so-called 'independent states' in Ukraine," tweeted Justin Trudeau. "This is a blatant violation of Ukraine’s sovereignty and international law. Canada stands strong in its support for Ukraine – and we will impose economic sanctions for these actions."

"Tomorrow we will be announcing new sanctions on Russia in response to their breach of international law and attack on Ukraine's sovereignty and territorial integrity," tweeted UK Foreign Secretary Liz Truss.

"This further undermines Ukraine’s sovereignty and territorial integrity, erodes efforts towards a resolution of the conflict, and violates the Minsk Agreements, to which Russia is a party," says NATO Secretary General Jens Stoltenberg.

There are all kinds of criticisms that one can level against this move by Moscow, if one feels that the entire western political/media class screaming all of these criticisms in unison does not have enough amplification. For myself, I would just like to point out that the US-centralized empire is the very last institution on this planet who has any business babbling about the "sovereignty" of other nations. Absolute dead last.

I say this not out of any kind of fondness for Putin or support for his decisions, but because the absolute worst violator of national sovereignty in the entire world by a truly gargantuan margin complaining about violations of national sovereignty is bat shit insane.

Pointing out things the US empire has done while it shrieks about the actions of a foreign government will get you accused of "whataboutism", but it's not a whataboutism. It's pointing out that the US is the absolute least qualified government on earth to comment on the issue at hand, so it should shut the whole entire fuck up about it. If the US wants to legitimately complain about the transgressions of unaligned governments, then it must cease being the worst transgressor.

Some might say, "Two wrongs don't make a right." Okay. But inflicting ten thousand wrongs definitely means you should shut the fuck up about anyone doing one wrong.

This would after all be the same empire that has is currently circling the planet with hundreds of military bases and waging wars which have killed millions and displaced tens of millions just since the turn of this century. Its sanctions and blockades are starving people to death en masse every single day. It works to destroy any nation which disobeys its dictates by toppling their governments via CIA coups, proxy armies, partial and full-scale invasions, and the most egregious number of election interferences in the entire world, while threatening the entire species with nuclear brinkmanship on multiple fronts.

Friday, February 11, 2022

Unless You're One Of The 9% Owner/Operators - Trucking Is Now A Shitty Gig Economy Job....,

TIME |  It’s hard to imagine another profession where people don’t get paid for hours they spend at work—unless it’s gig economy jobs where Uber drivers don’t get paid for the time they spend waiting for a passenger to order a car. Some of the problems in trucking arose because the job essentially went from a steady, well-paid job to gig work after the deregulation of the trucking industry in the 1980s, says Steve Viscelli, a sociologist at the University of Pennsylvania and the author of the book The Big Rig: Trucking and the Decline of the American Dream.

Deregulation essentially changed trucking from a system where a few companies had licenses to take freight on certain routes for certain rates into a system where just about anyone with a motor-carrier authority could move anything anywhere, for whatever the market would pay. As more carriers got into trucking post-deregulation, union rates fell, as did wages. Total employee compensation fell 44% in over-the-road trucking between 1977 and 1987, he says. Today, drivers get paid about 40% less than they did in the late 1970s, Viscelli says, but are twice as productive as they were then.

Now that truck drivers are gig workers, the inefficiencies of the supply chain are making the jobs worse and worse, as Grewal has discovered. “So much of this is about the inefficient use of time. Is there a shortage of truck drivers? Probably not. But they are certainly being used less and less efficiently,” Viscelli says. “That’s the long term consequence of not pricing their time.”

Ironically, the louder the narrative becomes about the “shortage” of truck drivers, the more resources pop up to funnel people into driving. In 1990, the trucking industry figured it needed about 450,000 new drivers and warned of a shortage; in 2018, before the pandemic, the industry said it was short 60,800 drivers.

 

Thursday, February 10, 2022

In Canada The World Sees The Internal Weakness Of The Western Empire

SCMP  |  People don’t vote for realities, they vote for dreams, said Canadian psychologist Jordan Peterson. That’s why democratic politicians usually overpromise but under-deliver. In these populist times, people also vote out of anger.

In the United States, Donald Trump is staging a credible presidential return, and the Republican Party is rallying behind him. In Canada, Justin Trudeau, a classic Canadian liberal moderate, has been blindsided by a bunch of truck drivers. Right-wing politicians understand and know how to exploit voter anger; liberals in North America and social democrats in Europe have no idea why they have become the focus of that same anger.

The never-ending Covid-19 pandemic has one terrible, if not fatal, political consequence for the Western political establishment; that is, its on-again, off-again lockdowns and restrictions have upset everyone from small business owners to homemakers. Such voters tend to be right of centre or conservative.

The virus is not lethal enough to scare or kill off a big chunk of voters, yet is serious enough to disrupt and undermine their livelihoods, and living standards and routines. It doesn’t take a genius to realise that people are angry. And they need to blame someone for their plight. Why is my business failing? Why can’t my kids go to school? They may curse the virus and China, but they blame their politicians.

For more than a week, a long line of big trucks, cargo carriers, pickup vans, recreational vehicles and any number of cars have jammed central Ottawa, the nation’s capital. Ostensibly, the protest is against the federal government’s vaccine mandate for truck drivers entering Canada, first imposed in the middle of last month.

Compared with America, Canada’s angry populism is, to an extent, moderated by a more generous social welfare system and universal health care. But Canadian Medicare, the equivalent of the British National Health Service, is decentralised with each province and territory operating its own system. Outside of rich Ontario, public health care has been overwhelmed by Covid-19. With each passing decade, welfare is more restricted, queues for medical services grow longer and the list of totally free drugs gets shorter. The widespread use of generic drugs, while keeping costs down, has raised serious questions about quality control. Interestingly, it has been a source of national pride to compare them to the high, often unaffordable, costs of brand-name drugs in the US.

Polarised politics now threatens to degenerate into violent civil strife in the US. In Canada, at the very least, consensus politics is becoming a thing of the past. But its politicians are blind to the new emerging reality while its liberal mainstream press remains arrogant and complacent.

 

Thursday, February 03, 2022

Fascism Has BEEN HERE: I Assume You Understand The Reality Of Your Situation?

off-guardian  |  you are not supposed to talk about how money controls social institutions and how our values, beliefs and norms are determined by the interests of the ruling class, and how the economic caste order effectively enforces capitalist imperatives to perpetuate the reign of money and violence.

Believe it or not, today, this sort of understanding is labeled as “conspiracy.” Right, you are a tinfoil hat wearing conspiracy nut case if you happen to call out corporate crimes, their criminal conspiracies and so on and so forth.

How obvious can it get? Rich people dominate corporate politics with the good old righteousness of exceptionalism, and a colonial attitude with the kinder, gentler face of liberal politics, and it is perfectly OK to call a simple Marxist analysis of exploitation a “conspiracy.”

The tendency to obscure the mechanism of capitalism is mirrored exactly among many of those who oppose the overwhelming push for Covid lockdowns, Covid “vaccine” mandates and so on. For many of those who stand on the other side of the virus event, the entire mobilization is described as a “communist takeover.”

That’s right. All those diehard capitalists who have been conspiring to perpetuate their interests through World Economic Forum, IMF, World Bank and so on are communists now. How convenient? You can’t have capitalism without opportunism.

But the whole thing makes perfect sense. Both ends of the capitalist spectrum, fascists and social democrats, have always struggled to perpetuate capitalist hegemony together. At the end of the day, their ultimate goal is to perpetuate the capitalist caste hierarchy and their righteous positions within it.

One step with the left leg goes forward as the right leg moves forward to balance the momentum of the imperial hegemony — just as the hopelessly corrupt Hilary Clinton gives birth to a Donald Trump Presidency, which, in turn, gives the Democratic Party a reason to exist.

Left, right, left, right, the empire moves forward as it gently shifts its weight left to right. As they march the imperial-scape together, they sing derogatory smears against any revolutionary momentum.

Both sides are free to argue and fight as long as they adhere to the imperial imperatives of capitalism. The corporate media ensure that the narratives are told to fit this dynamic. Those who do not belong to the dynamics are portrayed as “others”–fringe extremists to be demonized from multiple angles.

How does the empire gain its mythical aura of authority? Easy. They play a good old protection racket scheme against unsuspecting “good people.”

For example, they tell people that terrorists are coming, while “secretly” funding the killers in ways which are not so secret to the people. People get the idea: “Oh I see. we have to pay the protection fee. Otherwise, we get fucked up.”

Or, for example, they tell people that plague is coming, and force people to get injected with special medicines. If the people refuse, their jobs are taken away, their families are split apart, you can’t eat at a restaurant and so on. They can effectively turn everyone into a dangerous element with an infection until proven “healthy” by the designated means of the authority.

There goes the presumption of innocence along with informed consent out of the door.

This is a big deal. There is a huge reason why an authority must prove someone guilty without a reasonable doubt. Otherwise, people can be arbitrarily accused of committing any crime and then punished for it. And without informed consent, people can be forced to drink Cool Aid just because they are told to do so.

Moreover, as soon as the feudal overloads deal with the life and death of the people, they effectively consecrate themself as gods. A politician would claim that Covid “vaccines” are sent by God. Cultural figures would start accusing those who refuse the medication of “defying the law of nature,” defying “science” and so on, effectively turning Bill Gates and the rest of the snake oil salesmen into gods of our times.

So now it seems that even this pretend “democracy” is being taken away by the acceptance of decrees under an “emergency” just like any other fascist take-over.

Tuesday, February 01, 2022

Dollars To Donuts The Blackstone Group Is Behind The Spotify Market Manipulation

Spotify was never going to drop Joe Rogan because his long form podcast is the strategic lynchpin for making Spotify profitable. Spotify's 6 year history shows it can't profit from music streaming alone, but that in order to achieve profitability, it needs to book advertising revenue, and THAT's what the podcasting content is for.

Spotify is scheduled to announce its Q4 results this Wednesday. In the interim, the musically and popularly irrelevant Neil Young, Joni Mitchell, and Nils Lofgren have cost Spotify billions in market value through their virtue signaling shenanigans. Kudos to the shrewd manipulators who pulled this charade off and managed to capitalize on the short term decline in Spotify market valuation.


Spotify's shares have subsequently dropped by 6% in just three days, from January 26 to January 28 (via Variety), following Young's protest.  Spotify has not been having the greatest of times even before the loss this controversy caused. Its stock price had already dropped earlier this month, as the company reported a 25% fall in share value on January 25, a day before this all started.

Despite that, the popular streaming service stated that it had already removed over 20,000 podcast episodes related to the pandemic since its start. 
 
rollingstone |  Neil Young has sold 50 percent of the worldwide copyright and income interests in his 1,180 song catalogue to Hipgnosis Songs Fund Limited, the U.K. investment firm founded by manager-turned-investor Merck Mercuriadis. The move comes days after Hipgnosis, which has spent the last year snapping up music catalogs left and right, announced it had acquired 100% of Lindsey Buckingham’s publishings rights as well as Jimmy Iovine’s producing royalties.
 
blackstone |   Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties

Saturday, January 29, 2022

Houston Eviction Courts Back To Pre-Pandemic Levels

houstonpublicmedia |  The state rent relief program is out of money. The national eviction moratorium ended months ago. Pandemic unemployment benefits in Texas expired over the summer. While the pandemic isn’t over, most of the state’s court safety regulations have ended or are set to expire soon.

That means more eviction filings and, in some areas, crowded courtrooms that make it near impossible to stay safely distant indoors: So far this month, more than 4,600 eviction cases have been filed in Harris County as the omicron variant led to climbing case counts and hospitalizations.

During the week of Jan. 10, more than 2,033 cases were filed in Harris County, compared to 693 cases filed during the same period last year, according to Jeff Reichman, principal at the consulting firm January Advisors.

“That’s almost three times as many cases filed this January as there were last January,” Reichman said. “We’re really on trend with pre-pandemic numbers.”

In 2020, 2,180 cases were filed during the same time period.

Earlier this month, during the week of Jan. 10, more than 2,033 cases were filed in Harris County compared to 693 cases filed last year, Reichman said. During the same week of 2020, 2,180 cases were filed.

The increase in eviction cases is hitting some courts more than others: Just as some neighborhoods have far more evictions, certain courts take on far more cases.

Last Tuesday, Harris County Judge Lincoln Goodwin’s court scheduled 275 evictions to be heard on the same day — half of them at 9 a.m. and the other half at 1 p.m.

Every seat in the courtroom was taken. A line stretched down the hallway and into the parking lot. The judge and court staff weren’t wearing masks.

Eric Kwartler, an attorney with South Texas College of Law, said he feels at risk of getting COVID-19 when he’s there representing renters.

“Do I feel safe? No. I never do,” Kwartler said. “I never feel safe when I go into an environment like that.”

The court has cut back on virtual hearings, Kwartler added, only allowing virtual hearings for those who submit proof of a positive COVID test.

“I had a client cough on me at one point and then tell the court that his wife was at home with COVID,” Kwartler said.

Tuesday, January 25, 2022

Greed Made America A Poor Country

eand.co  |  It is impossible — flatly impossiblefor the average American to make ends meet. I can tell you that as an economist, one of the only really good ones America’s ever had. Americans grew poor because their economy failed them. But a poor society can’t afford many things. Things which matter. Like democracy, truth, reason, goodness, decency.

Societies faced with sudden descents into poverty implode into authoritarianism, just the way America is. Greed broke America in this larger, truer sense.

But Americans don’t really understand it yet, I think, just how extreme and out of control greed really is in America — and how, paradoxically, it left society poor. Too poor to afford to even be a functioning country or democracy anymore, in the end, and so America’s just imploding now.

Let’s do a little math first, to prove the point that it’s impossible to make ends meet, and then I’ll teach you a little bit about how what’s normal in America is completely and totally abnormal in the rest of the entire world, more or less.

The median American income is about $35K. That is what millions of Americans earn. For a “household,” meaning in economic statistics, a family of four, it rises to about $60K.

It is impossible, and I mean impossible, to live on that level income. That is a median income more suited to a poor country than a rich one. But let’s prove it.

Rent? The average rent for an apartment was $1124 in 2021. That’s $14,000. That’s half of the average person’s income eaten up by rent alone. Now we have…all the other expenses of life. Let’s start with the other big one in America: healthcare. The average cost for a family paying for healthcare was almost exactly the same: $1152. Bang. Another $14K. That’s the average American’s entire income gone, on just rent and healthcare.

But maybe you object — my employer pays for my healthcare. Or maybe I don’t even want healthcare (LOL, you mean you can’t afford it, I get it, we’ll come back to that). Sure — it’s not going to make much difference in the end. The average American spends about $1200 “out-of-pocket” even if they’re insured by their employer — let’s call it $1500, because that’s surely an underestimate. That leaves us with maybe about 14K of income per year for the average person — and we still haven’t gotten to most bills.

You need a car in America, to get much of anywhere. You need insurance for it. The average monthly car payment is $600. Let’s call insurance another $100. That’s $700…a month. Or $8400 per year. Suddenly, we’re left with about $5K to cover everything else you need in life.

Water, electricity, gas to put in the car. Internet. A mobile phone. The average water bill’s around $100 per month — bang, another $1200 gone — and now we’re down to just about $3800. Internet and a phone? Call them another $100 per month. Now we’re down to $2600. Electricity? Another $100 per month. Now we’re down to just $1400. Average annual cost of gas to put in that car? It’s about $1100.

Now you’ve got just $300 left.

But you still have to feed and clothe yourself. Your kids. Pay for random stuff like maybe a toy here and there, a treat. I’m sure I’ve left plenty of stuff out that isn’t remotely a luxury — like paying off student loans.

The point I’m trying to make should be crystal clear by now — not least because you’re probably living it. Making ends meet in America is flatly impossible. It cannot be done. My lovely wife’s income is so low that it doesn’t even cover her expenses — car, travel, a hotel every now and then because she’s asked to work overtime regularly.

The economic effect of all this is somewhere between a joke and an embarassment. I’m subsidising this world-famous billion dollar institution which pays its “administrators” millions, because my wife isn’t even paid enough to cover her basic living expenses. Think of how ridiculous that is. The reason those administrators earn millions is because I’m effectively paying them to employ my wife — after they get a cut of overcharging Americans for operations and medicine. But this story isn’t personal — it’s social. Those economics — people can’t make ends meet — are absolutely fatal for a society.

Wednesday, December 29, 2021

Palantir Is A Creepy Cannibalistic Eye Of Sauron

bloomberg  |  Palantir Technologies Inc. has long pursued some of the largest governments and companies in the world as customers. Now, in a dramatic shift in strategy, it’s chasing startups.

The controversial data integration and analytics company co-founded by billionaire Peter Thiel plans to announce Tuesday it will sell software on a monthly subscription model to smaller companies, starting first with a handful of startups connected to former Palantir employees.

The startup sales push is a break with tradition for the $40 billion company that made its name on large contacts with the U.S. Army, Merck KGaA and a handful of other high-profile organizations -- and is part of Palantir’s larger effort to diversify its sources of revenue away from a few big customers.

The new program, called Foundry for Builders, will start with five startups in fields including robotics, health and fintech. The group will experiment with software that Palantir says functions as an operating system for company data. Palantir chose startups connected to former employees, who are already familiar with how to operate the system, and use their feedback to refine the product for startups before rolling it out more broadly in coming months.

Palantir had 149 customers driving $341 million revenue for the first quarter, with the bulk of sales coming from government contracts. A flurry of deal-making during the pandemic, including agreements with the U.S. Centers for Disease Control and Prevention, pushed the company’s government business to more than 60% of revenue -- an imbalance that unsettled some investors.

Foundry for Builders aims to counteract that disparity by adding a larger number of potentially fast-growing companies to Palantir’s customer base. Developing closer relationships with early-stage companies appears to have been an increasing focus in recent months for Denver-based Palantir.

Besides expanding sales to startups, the company has also been investing in them. Palantir recently made a string of direct investments in companies going public through SPACs totaling more than $130 million. All of those companies also became customers, a practice that has raised some eyebrows.

Tuesday, December 28, 2021

Are Cartels Taking Over Small Town America?

westernjournal  |  While most documentaries now are either about serial killers or social justice movements, the Daily Caller’s “Cartelville, USA” brings fresh investigative journalism to the table.

The film, clocking in at a brief but impactful 36 minutes, features reporter Jorge Ventura as he delves into a troubling trend in the high desert of Los Angeles County: illegal cannabis farms.

Ventura was the perfect person to produce and narrate the documentary, as he is one of the few journalists who have covered the crisis at the U.S.-Mexico border on location.

Ventura uses his own experience growing up in Palmdale, California, to explain that many families move to the desert to get out of the hustle and bustle of Los Angeles. Now, they’re starting to flee what used to be their sanctuary.

Using testimonies from local residents and law enforcement, the documentary reveals how cartels are buying up poor-quality houses with vast amounts of land in order to start pot farms without proper state licensing.

Property prices in the area have skyrocketed, ruining the region’s reputation for being more affordable. The high desert is now overrun by criminal enterprises wasting precious resources, including water, with no regard for the communities around them.

These cartels staff their operations with migrants smuggled across the southern border, many of whom are working as indentured servants.

Ventura does a fantastic job drawing distinctions between the people running the farms and the ones laboring on them.

He tells a far more nuanced story about the average person coming across the border than the hyper-partisan narrative coming from both sides of the aisle.

 

 

Thursday, December 16, 2021

Was The Covid Treatment Protocol A Medical Industrial "Cash For Death" Scheme?

lewrockwell |  The Association of American Physicians and Surgeons, a private medical organization founded in 1943, has the story — “Biden’s Bounty on Your Life: Hospitals’ Incentive Payments for COVID-19” (11/17/21), authored by Elizabeth Lee Vliet, M.D. and Ali Shultz, J.D.

Here are stunning excerpts:

“Upon admission to a once-trusted hospital, American patients with COVID-19 become virtual prisoners, subjected to a rigid treatment protocol…for rationing medical care in those over age 50. They have a shockingly high mortality rate…”

“As exposed in audio recordings, hospital executives in Arizona admitted meeting several times a week to lower standards of care, with coordinated restrictions on visitation rights. Most COVID-19 patients’ families are deliberately kept in the dark about what is really being done to their loved ones.”

“The combination that enables this tragic and avoidable loss of hundreds of thousands of lives includes (1) The CARES Act, which provides hospitals with bonus incentive payments for all things related to COVID-19 (testing, diagnosing, admitting to hospital, use of remdesivir and ventilators, reporting COVID-19 deaths, and vaccinations) and (2) waivers of customary and long-standing patient rights by the Centers for Medicare and Medicaid Services (CMS).”

“In 2020, the Texas Hospital Association submitted requests for waivers to CMS. According to Texas attorney Jerri Ward, ‘CMS has granted “waivers” of federal law regarding patient rights. Specifically, CMS purports to allow hospitals to violate the rights of patients or their surrogates with regard to medical record access, to have patient visitation, and to be free from seclusion.’…The purported waivers are meant to isolate and gain total control over the patient and to deny patient and patient’s decision-maker the ability to exercise informed consent.”

“Creating a ‘National Pandemic Emergency’ provided justification for such sweeping actions that override individual physician medical decision-making and patients’ rights. The CARES Act provides incentives for hospitals to use treatments dictated solely by the federal government under the auspices of the NIH. These ‘bounties’ must paid back if not ‘earned’ by making the COVID-19 diagnosis and following the COVID-19 protocol.”

“The hospital payments include:

* A ‘free’ required PCR test in the Emergency Room or upon admission for every patient, with government-paid fee to hospital.

* Added bonus payment for each positive COVID-19 diagnosis.

* Another bonus for a COVID-19 admission to the hospital.

* A 20 percent ‘boost’ bonus payment from Medicare on the entire hospital bill for use of remdesivir instead of medicines such as Ivermectin.

* Another and larger bonus payment to the hospital if a COVID-19 patient is mechanically ventilated.

* More money to the hospital if cause of death is listed as COVID-19, even if patient did not die directly of COVID-19.

* A COVID-19 diagnosis also provides extra payments to coroners.”

“CMS implemented ‘value-based’ payment programs that track data such as how many workers at a healthcare facility receive a COVID-19 vaccine. Now we see why many hospitals implemented COVID-19 vaccine mandates. They are paid more.”

“Outside hospitals, physician MIPS [Merit-based Incentive Payment System] quality metrics link doctors’ income to performance-based pay for treating patients with COVID-19 EUA drugs. Failure to report information to CMS can cost the physician 4% of reimbursement.”

“Because of obfuscation with medical coding and legal jargon, we cannot be certain of the actual amount each hospital receives per COVID-19 patient. But Attorney Thomas Renz and CMS whistleblowers have calculated a total payment of at least $100,000 per patient.”   Fist tap Big Don.

Tuesday, December 14, 2021

Google "Frist HCA" If You Want To Appreciate The Irony Of Frist Interviewing Faulkner...,

LATimes  |  Ridiculous, seemingly arbitrary price markups are a defining characteristic of the $4-trillion U.S. healthcare system — and a key reason Americans pay more for treatment than anyone else in the world.

But to see price hikes of as much as 675% being imposed in real time, automatically, by a hospital’s computer system still takes your breath away.

I got to view this for myself after a former operating-room nurse at Scripps Memorial Hospital in Encinitas shared with me screenshots of the facility’s electronic health record system.

The nurse asked that I not use her name because she’s now working at a different Southern California medical facility and worries that her job could be endangered.

Her screenshots, taken earlier this year, speak for themselves.

What they show are price hikes ranging from 575% to 675% being automatically generated by the hospital’s software.

The eye-popping increases are so routine, apparently, the software even displays the formula it uses to convert reasonable medical costs to billed amounts that are much, much higher.

For example, one screenshot is for sutures — that is, medical thread, a.k.a. stitches. Scripps’ system put the basic “cost per unit” at $19.30.

But the system said the “computed charge per unit” was $149.58. This is how much the patient and his or her insurer would be billed.

The system helpfully included a formula for reaching this amount: "$149.58 = $19.30 + ($19.30 x 675%).”

You read that right. Scripps’ automated system took the actual cost of sutures, imposed an apparently preset 675% markup and produced a billed amount that was orders of magnitude higher than the true price.

This is separate from any additional charges for the doctor, anesthesiologist, X-rays or hospital facilities.

Call it institutionalized price gouging. And it’s apparently widespread because the same or similar software is used by other hospitals nationwide, including UCLA, and around the world.

UCLA And The LAPD Allow Violent Counter Protestors To Attack A Pro-Palestinian Encampment

LATimes |   University administrators canceled classes at UCLA on Wednesday, hours after violence broke out at a pro-Palestinian encampment...