DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Entries in Body & Mind (21)

Tuesday
Jul012014

Doctor’s Perspective: Facebook’s Own “Monster Study”

By Michael Gorback, M.D.: FB's psychological experimentation on hundreds of thousands of unwitting users is illicit human experimentation and a gross human-rights violation.

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Friday
Jun132014

Buying Health Insurance: A Pig in a Poke

By Michael Gorback, M.D.:  When you buy health insurance, you only think you know what you’re buying. You know parameters such as the deductible, coinsurance, and other nonspecific things. But the devil doesn’t lurk in nonspecific things.

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Monday
May122014

Doctor: The Sheer Insanity of What You Pay For Medical Services

By Michael Gorback, M.D.: Confused and outraged by the prices, often unknown upfront, that you and your insurance company pay for medical services? You’re not the only one. Enter the bizarre world of “Place of Service” pricing.

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Wednesday
Apr232014

Doctor’s Perspective: Perils and Pitfalls of Corporatized Medicine

By Michael Gorback, M.D.: “Professional bullying from administrators to run both a pill mill and a needle jockey business was tremendous. I resisted the entire time. But god, it wore me out."

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Sunday
Aug112013

Mind the (Expectations) Gap: Demographic Trends and GDP

By John Mauldin, Mauldin Economics: The past 60 years – our idea of “normal” – enjoyed a demographic tailwind worth 1% of economic growth per year. If 3% growth is "normal," it’s really 2% growth plus a demographic tailwind of 1%. But now demography – one of the three Ds of our hurricane of debt, deficits, and demographics – is hitting economic growth.

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Tuesday
Jul162013

Big Pharma’s Lurid Tactics Under Fire In China – And In The US

At first, it was just multinational drugmaker GlaxoSmithKline that allegedly paid bribes in China, including “sexual bribes,” to “government officials, medical associations, hospitals and doctors,” by using travel agencies as conduit. For a total of $489 million. Now more big drugmakers are on the hot seat for the same crimes in China – and in the US.

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Tuesday
Jan222013

Is The “Self-Promotion-And-Envy Spiral” Taking Down Facebook?

Facebook isn’t over the hill, exactly. Last October, it announced that 1 billion people a month used it, in a world of 7 billion. Leaping from one milestone to the next. But in key markets, such as the US where it derives most of its revenues, it is plateauing, and a shudder-inducing D-word has snuck into polite conversation: declining. Now we have a new reason.

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Monday
Jan212013

Exhibit A: Medicare, The Corporate Welfare Program

Congress excels at enriching corporate welfare programs—in this case, Medicare. Ironically, it happened while Congress is struggling to rein in Medicare’s gargantuan deficits with belt-tightening measures that would hit people who paid into the system throughout their working years. This time, the prime beneficiary was Big Pharma, particularly one company....

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Tuesday
Jan152013

Paradigm Shift For The Healthcare Expense Monster

A sadly familiar theme in the US—the growing ranks of the working poor—was fleshed out today. But the report did something else: it added graphic details to the conundrum of US healthcare spending: while it ballooned to $2.7 trillion, 17.9% of GDP, or $8,680 per capita, households have lowered their share. So have businesses. What gives?

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Friday
Jan112013

Deaths From All Causes: The Short (But Not Necessarily Happy) Life Of Americans

Americans under fifty are paying the price. We don’t know exactly why. Even the panel of experts that authored the massive report, "US Health in International Perspective: Shorter Lives, Poorer Health," admits that it can’t entirely pinpoint the reasons. But we do know how Americans under fifty, particularly males, are paying the price: with their lives.

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Thursday
Jan102013

How Americans Stack Up In Dying From Violence, War, Suicide, And Accidents

Now some new fodder for the gun-control debate that the horrid events in Connecticut suddenly stirred into a frenzy, though it had been snoozing through the daily drumbeat of murders in Oakland, CA, a few miles across the Bay from me, or in Richmond to the north, or really in any other city. The fodder is inconvenient, however. For both sides of the debate.

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Wednesday
Nov072012

The Inexplicable American Consumer Revolts Against Prescription Drugs

Anecdotal evidence has been coagulating into numbers, and these numbers are now beginning to weigh down corporate earnings calls. It appears the toughest creature out there, the one that no one has been able to subdue yet, the ever wily and inexplicable American consumer, is having second thoughts about prescription drugs. And is fighting back. A paradigm shift. Causing “unprecedented concerns” in the industry.

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Wednesday
Nov072012

Take a Break: Get Out Of your Chair, It's Killing You

Contributed by LearnStuff. Here it is, finally, the one thing we hard-working stiffs have been looking for all along, an infographic telling us just how bad sitting—and particularly sitting in front of a computer—all day is for us. A fun look at some serious data with big health implications. And tips on how to extend your life a little. Enjoy.

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Friday
Oct052012

Chinese Strawberries Sicken 11,200 German Children

It started on September 19. In several East German states, a lot of children and adolescents fell ill with vomiting and diarrhea. A week later, it was officially acknowledged as a foodborne illness. And now is has become the largest wave of food poisoning ever recorded in Germany.

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Tuesday
Sep182012

The Inexplicable American Consumer Is Putting The Screws To Health-Care Expenses

There has been anecdotal evidence. But now GE’s quandary confirms it: the toughest creature out there that no one has been able to subdue yet, the inexplicable American consumer, has apparently accomplished a miracle: putting the screws to runaway health-care costs that are taking over the economy and that are bankrupting the country. Motive? Profit.

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Sunday
Jul222012

“Why Your Health Care Is so Darn Expensive”…

Contributed by Alex Daley and Doug Hornig, Senior Editors, Casey Extraordinary Technology. The cellphone in your pocket is NASA-smart. Yet it costs just a couple hundred dollars. So why is it that rising technical capabilities are leading to drastically falling prices happening everywhere, except in your medical bill? The answer may surprise you…

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Saturday
Jan142012

Update: The Systemic Nature of Medicare Fraud

On January 9, I posted The Systemic Nature of Medicare Fraud—“the kind of Medicare fraud that makes your skin crawl.” On January 10, I received an email from the Chief of Staff at Alvarado Hospital. He strongly objected to this sentence: “Its Alvarado Hospital Medical Center in San Diego already appears to be under investigation.” And it kicked off a learning process.

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Monday
Jan092012

The Systemic Nature of Medicare Fraud

It’s the kind of Medicare fraud that makes your skin crawl. And it’s part of a vast scheme. After investigative reporters detailed the case, the FBI finally got serious. But no insurance company would have fallen prey to it. Only Medicare cannot defend itself. It doesn’t even know when it’s happening because, inexplicably, it doesn’t analyze the bills. And so an industry has sprung up.

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Friday
Nov182011

Cancer-Causing X-Ray Security Scanners Are Banned

But not in the US.
Just in time to make you feel better about holiday travels: airport security scanners that use X-ray technologies are acknowledged to cause cancer. No problem in the US; but now they’re banned in the EU.

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Monday
Oct032011

Prying Into the Brain

A dream—or nightmare—yields to scientific progress: quantitative models recreate thoughts, and brain signals control mechanical devices. Yet, the brain is an unreliable organ that makes up for shortcomings in data with profuse creativity. It's going to be a wild ride. And Google and Facebook will have a field day.

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