2000

This is post number 2000.

The only real significance is it is 150 posts more than where Tommywonk stopped exactly one year and fifteen days ago…

If some future historian looks back, I can only guess they may kindly make some note of the quality of thought that underlies these efforts, but my guess, is no one will ever notice…

Irregardless, as long as the urge to put thoughts down for others continues, we will go on. As usual, with no goal, no direction, and no ulterior motive. Probably upon reflection, my biggest surprise, right here, right now … is that I still enjoy it so much, and can’t wait to jot my thoughts down, click the button, and send them off to where ever cyberspace and the vast internet ocean, lets them drift….

For each of you who have become regular over the years, … thank you friend…

Delaware Footnote…

From Bloomberg….

On May 4, 2010, Geithner visited Kaufman in his Capitol Hill office. As president of the New York Fed in 2007 and 2008, Geithner helped design and run the central bank’s lending programs. The New York Fed supervised four of the six biggest U.S. banks and, during the credit crunch, put together a daily confidential report on Wall Street’s financial condition. Geithner was copied on these reports, based on a sampling of e- mails released by the Financial Crisis Inquiry Commission.

At the meeting with Kaufman, Geithner argued that the issue of limiting bank size was too complex for Congress and that people who know the markets should handle these decisions, Kaufman says. According to Kaufman, Geithner said he preferred that bank supervisors from around the world, meeting in Basel, Switzerland, make rules increasing the amount of money banks need to hold in reserve. Passing laws in the U.S. would undercut his efforts in Basel, Geithner said, according to Kaufman.

Anthony Coley, a spokesman for Geithner, declined to comment.

In A Perfect World….

Call it temporary insanity but let’s pretend, let’s just say, …that at one moment in time, if I chose to donate my youth out for my country, to be compensated back in the form of low pay; to completely and unjudgingly offer my fate up to the will of bureaucrats, all for the loss of my own self esteem, all for unending stretches of boredom, sparsed with interludes of a few intense seconds, that fortunately thorough my reactions and training, enabled me to continue living as I do today………….

I could reasonably be expected to be honored for that service to my nation, right?

In a perfect world, that is….

One would think, that in a perfect world, as needs were being debated across the universe of public funding, that a hierarchy resembling this, would sort of be the guideline, if not the rule?

National Heroes…..

over

We, The People…..

over

LLC corporations….

After all, if it weren’t for us, there’s a good chance those LLC. corporations wouldn’t be able to do business in a free and prosperous society, you would think?….

One would think, that if one of these heroes needed medical care, with the tremendous amounts of money being thrown away by our government daily, in the forms of corporate tax breaks enabling corporations to make “record breaking profits”…. that they would be put at the top of the list.. don’t you think?

Sorry, CEO… your operation will have to wait… We have a veteran who is in dire need ahead of you….

In a perfect world….

One would think, that a voucher system would be in place, or a blank check, where any veteran could walk into any hospital, and get immediate, necessary medical attention, have his prescriptions filled as a privilege for his service, and that the bill would be willing be paid by those with monetary resources more than adequate for their own needs?

One would think, (right?)… that it would be CEO’s, those who give pink slips so they can break profit records, those who cut benefits so they can break profit records, those who don’t invest in America so they can break record profits, ….who should be the ones finding themselves regulated to CEO hospitals, where they would then have to settle in on a waiting list for the next opening to occur, where they had to endure budget cutbacks and go without life-saving medicine because there was no money left in the CEO fund, perhaps because it had all gone to Veterans to pay THEIR expenses?

In a perfect world…..

In a perfect world, veterans would need no freebies…. They would not need welfare, or a pension, or a humble stipend to eke an existence… They would be working, contributing to society, in any way they could… If they had no legs, they would be outfitted at corporate’s expense, so that would not be an issue… If they had no arms, they could be outfitted at corporate’s expense so that was not an issue. If they had psychological damage, (and who wouldn’t?) they could be treated at corporate’s expense… so that was not an issue.

If they were so badly damaged that they create an efficiency drain on society, they could be honored for their sacrifice, and a useful voluntary capacity could be created to honor that commitment once made so long ago… Perhaps speaking about serving one’s country in every class, in every school, in every county? Can you think of any better civic’s lesson?

There’s a lot that can be done…

The problem is that veterans are deemed as just another expense…. Because to corporate America, that is just what they are… An expense, an obligation to be met that gets in the way of their making more money…

Unfortunately, our Congress is owned by Corporate America….

What should and does need to happen, is this relationship needs to be exposed. We need to call them out on it…

Republicans and Democrats are both complicit in allowing corporate raiders this unprecedented power. But Republicans are the symbol of Corporate America. Republicans are the ones who championed the Corporate Takeover. Republicans are the ones who dismanteled the safeguards that had been put in place to prevent that takeover from happening. That is why they need to go. Disappear… Whoever is left, the remainder, most likely after seeing the elimination of a large majority of their peers, will think twice before following their Dark Lord, now a soul less wanderer eking existence.. ……

In a perfect world…

Unfortunately, today we need to contend with obscene amounts of money saying Corporate is Good; Government Fairness is Bad….

But we have our lives telling us the opposite… It will take courage and strong will, to override all the overload of sensory data being pipelined into our soul, but we still have hearts, and those hearts are attuned to what makes America special. great, and the best place to live on this earth….

WE can still dream….

And those dreams should include a perfect world… one we CAN make happen, at least for those without whom we would not have the freedom, the resources, the nation, we have today….

Here’s to a perfect world?

Raining Fire In The City

London is ablaze. Rioting.

Why?

Cuts to their budget, just like the ones we are about to do to ours….

The only reason Americans haven’t rioted so far, is because of Obama and the Democrats insistence that Federal money is being spent as part of the stimulus plan…

In Greece, Israel, and now London, Liverpool, and Birmingham, people have been without…

Which as I said above, is exactly where we soon will be…

Not to sound callous, but perhaps one must consider the British deserve it? Likewise so will we if we too follow through with austerity cuts as did all these countries that have been rioting…

In every case, austerity cuts are the instigator….

Now austerity cuts, are really a stupid way out of a budget mess.

When you get to where your expenses are greater than your revenue stream, there are two ways to solve it… One, lower expenses so they match the revenue stream; two, raise the revenue stream so it matches the expenses… Best if you do both…

Where they failed in these nations, was to tax the wealthiest to pay for these necessary programs… Just in the numbers alone it makes so much more sense if you have to piss off someone to piss of the one percent at the top,…. than piss of the 99 percent on the bottom…..

“Hey, lets give whatever the “one-percenter” asks for.. just give it to him, and what ever it is he wants, we will take it out of the little the 99% have to fight over on the bottom…. ”

So Britain did that, and now they’ve got 99% of the population mad enough to riot, and there is only 1% with any resolve to stop them…

On the other hand, if they had taxed the wealthiest one percent (just for the sake of illustration) everything he had…. he’d be pissed. But 99% percent of the population would have jobs, would buy cars again, pay rent on time, would go out to eat, would shop to refurnish their house… 99% of the population would have jobs…..

So when the one wealthy per center, strode into the poor sections of town, and began throwing firebombs at the 5 And 10 Cent Store… 99% of the populations would descend on him, and nip his riot in the bud… “Uhh, no, you ain’t doing that here…”

So from hell it appears this notion came from, that we have to cater to the top 1% …. no, we don’t; we should be catering to the 99% of those on the bottom…. What they need, and therefore, what we need, … is to raise taxes just a tiny bit, up to 40% on the top marginal rate… and re tax capital gains, up to 40%…

Pretty soon, everyone will be too busy working to even think about throwing a firebomb through a store front window…..

Response to Duffy

Duffy is God’s answer to a prayer.. I miss the old days of blogging when we were debating principals instead of people… Duffy has stuck to the old line of debating principals with facts, and that is what makes him special in the eyes of bloggers everywhere…

Since the passing of Steve Newton, he has been the only one to challenge me in any argument, and usually some pretty good stuff comes out of both sides during the exchange… I have respected that.. Cause once again, opinions mean dick. Facts are what we steer by.. It is my hope that in responding to his challenge that an answer may make itself apparent.. Who knows? It may not come from me… But if I’m the catalyst for bringing it out in the open, then… none of this was in vain..

Why I like to debate Duffy is simple.. Neither side, he or I, is concretely set in their opinions… We accept it when the other side makes sense… I usually go into such debates having no idea where they’ll end up… I hope the rest of you enjoy the ride as welI….

That said..

Duffy leads: Wall Street’s problems were caused by Fannie and Freddie loaning money to people they knew couldn’t pay and moreover, forcing banks to lend money to people who couldn’t pay. That was not deregulation but misregulation

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate.

First off, the Community Reinvestment Act of 1977 was developed for, and locked in on, urban developmental areas and had no part of the subprime boom, which primarily occurred out in western desert regions where owning 4 to 5 investment homes was normal… Those homes were overwhelmingly funded by loan originators NOT SUBJECT to the act… We all know the crises was not because people couldn’t afford a payment on their house. It came about, because with no occupants, people could not afford the payments of 4 to 5 houses….. Instead of one loan per borrower turning up in default; four to five were.

Second off, The housing bubble reached its point of maximum inflation in 2005.

Courtesy of NYT

Third off, During those exact same years, Fannie and Freddie were sidelined by Congressional pressure, and saw a sharp drop in their share of loans secured by the Feds… Follow the dotted line on the very bottom of the graph…

Courtesy of NYT

Fourth off; During those exact same years, private secures, like Delaware’s own AIG, grabbed the lions share of the market.

Courtesy of NYT

Remember these graphs for later on when I discuss the results of deregulation, versus regulation… But like it or not, these graphs conclusively show that private insurers, who thanks to Marie Evans, we now know were deregulated by Phil Gramm in the 2000 Omnibus Bill, were the primary cause of the worlds financial collapse.. Probably put best by these words of AIG’s spokesperson, who when asked why they didn’t have sufficient funds to cover losses, said point blank, “We were deregulated. We were no laws requiring us to keep any funds, ..so we spent it…”

Duffy leads: The loosely regulated hedge funds escaped this mess largely unscathed. Why? They can’t count on a bailout like the big banks. The Too Big To Fail banks were counting on a bailout (not unlike the S&L bailouts which started on the Republican’s watch) and they got them.

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. I agree that the hedge funds did survive better than the banks. Not because of bailouts, but because they sold short during the crises and made billions while firms closed and people got thrown out of work. There is nothing wrong with that; I did the same. In fact close readers may remember my warnings that the crises was impending almost a year earlier. Very close readers may remember my telling them exactly when to sell, and at what point the stock market would rebound… I must say: I called it rather well. 🙂

“Hedge funds were not in my understanding, at fault in the credit crisis,” said David Ruder, former chairman of the Securities and Exchange Commission. “At the most what they did was to sell securities when some of their investments were declining and they needed to have liquid funds. They were not the architects of these problems.”

De regulated hedge funds are not the issue… De-regulated, excessively leveraged, mortgage securities, are a different story however… They, not the banks that held them, are the cause of the crises…Years from now, when academics search for causes of the stock market crash of 2008, they will focus on the pivotal role of mortgage-backed securities. These exotic financial instruments allowed a downturn in U.S. home prices to morph into a contagion that brought down Bear Stearns a year ago this month – and more recently have brought the global banking system to its knees.

Where you err is when you state that banks too big to fail, assumed they would be bailed out… By implication, you say imply they failed from squandering money, and wanted the bailouts.. But your tax dollars didn’t flow directly to the bottom line.

The roughly $200 billion the Treasury Department has handed out to battered banks was swapped for a special class of stock that pays a 5 percent dividend (rising to 9 percent after five years.) As of April 15, the Treasury had collected about $2.5 billion in dividend payments on its investment.

So in that sense, the bailout money represents an expense for banks. That’s one reason a number of banks have said they want to give the money back as soon as possible.

You say big banks were counting on a bailout, and they got them? That didn’t happen to these banks. New Mexico, Georgia, and Florida each lost a bank just last Friday. That brings to 8, the number of banks failed in June. Unfortunately if a bank is failing, it can’t bet on itself to fail, as can a hedge fund.

Duffy leads: Banks have successfully lobbied to get their losses absorbed by taxpayers and gains are kept private. How nice for them. They felt comfortable making insane gambles because they knew they’d be bailed out. Most of them were right. Also remember that it was Bill Clinton who tore down the wall between retail and investment banking. The idea was to give banks more stability as they typically perform as exact opposites in bull and bear markets. (FWIW, I think that was a good idea and I can tell you first hand that two of the Fortune 100 banks I worked for were carried by retail banking in bear years. They may not have had bonuses those years but they didn’t have layoffs either)

kavips rebutt’s:Uh… Mr. President. That’s not entirely accurate. The idea is that the banks made bad decisions knowing taxpayers would bail them out is the issue that is inaccurate. For the record, I have no qualms that it was the Clinton legacy who tore down the wall between banks and investment banking. Like you, I feel it was a good idea to do so… Again the problem was not primarily with banks making loans to people who could not pay.. Although, it was as late as October 2009, when I was made aware of one private Bank in Denver still exaggerating income to make loans look good enough on paper to get approval of securitization. What caused the collapse was the leveraging of those loans as securities, so that as the housing market became overextended, and the ARM jumped past the low cost opening years, the damage was 100 times worse because of leveraging. What made the collapse criminal, was that the insurance most financial institutions had bought from AIG, to cover such an improbable event, had already spent by that companies executives, out on bonuses to themselves. What made it doubly criminal, was that when they received government dollars through a taxpayer bailout, those same executives assumed it was to first go towards paying their bonuses again. However, very recent events may give some cover to the argument that some collusion was implicit in the bailing out of Goldman Sacs and AIG… Basically, once bailed out, AIG paid Goldman Sacs for shares twice as much as they were worth. The documents also indicate that regulators ignored recommendations from their own advisers to force the banks to accept losses on their A.I.G. deals and instead paid the banks in full for the contracts.

John Carney Fights Ghost

John Carney, former Lieutenant Governor, is campaigning for the Democratic spot on the ticket for U.S. Congress.

In a recent series of town halls, he has brought up questions from the audience on health care… He has found that the topic is contentious, although not in the way you would imagine after seeing crazy Eileen go after Mike Castle…

Instead his audiences are informed and angry that the public option is having such a difficult time in the Senate and House Bills as they come out of committee.. It just so happens that one of our own Senators sits on one of those committees, and after sitting in several of those town halls on health care, it would not be farfetched to say, that candidate John Carney was upstaged by someone who wasn’t there… Tom Carper..

The point blank question directed at Carney several times, was this one: Are you going to be another Tom Carper! Now I did not realise Tom Carper was disliked so much. But the meeting erupted into a discussion of Tom Carper. Poor John Carney was left to say “i can’t speak for Tom Carper. I can only speak for John Carney.”

Ironically, the audience didn’t care about John Carney. However, they were hot on Tom Carper. though. And they were quite wise.

The consensus in that room was that Tom Carper was scuttling the public option at the behest of Astra Zenica… Tom’s co-op’s plan is not a public option; but can give him cover to say he supported some type of public option when and if he goes up for another round…

Carper had no friends. He was not liked by anyone in the room. Carney was probably the only one trying to deflect the animosity by defending Tom Carper briefly at first… but being a political animal, he too relented and joined the crowd expressing disappointment over the fact that the public option would not get Tom Carper’s full fledged support..

It is rare when the invited guest speaker gets upstaged at his own engagement, by someone who wasn’t even present. But that is what happened when questions were opened about health care.

It appears that Americans will insist that the public option be an item in the Health Care Bill. By “must be”, it is the litmus test over whether change will come to the health care industry, or whether things will remain the same….

John Carney was put on the spot.

“I came here to join your campaign and support you. But if you’re not going to take the opposite tack from Tom Carper and not going to support the public option, then I simply can’t vote for you…

America knows their salvation lies in getting some form of public option legislated this year. It would be safe to say, that after this past week of town meetings, U.S Congressional Candidate John Carney, now knows it too….

Carney’s campaign will center around increasing the number of jobs. His theme will be simple: we need more jobs…period. He quoted Roosevelt in saying the best social program, is a job… Passing the public option will do just that… It will increase jobs and get Americans back to work faster than another mega bailout….

Listen for John Carney to say “we need more jobs… The public option is a tool to get more people working. I support it.”

Every Vote Against the Public Option is A Vote Against Jobs

It’s a no brainer.

We have a recession with many people not working. We have a health care industry that is cutting back because their rooms are empty simply because fewer Americans have health insurance.

The more people who get health insurance, the more who will show up to be treated….

The Public Option drops the cost of health insurance lower than any other option…. More people will then afford health insurance, especially if the mandates of uniform coverage take place… More people will go in for medical care…

We will need to hire more health care workers… The Public Option creates jobs… Today everyone needs a job.

But wait.

What about manufacturing plants. If the public option becomes law, those manufacturing plants have their benefit costs drop due to competition among insurance companies. As a result, manufacturers are able to drop their product’s prices to equal or undersell foreign competitors. Orders flow in, and more people are needed on the assembly line to achieve the numbers required to meet the new influx. The Public Option creates jobs…. Today everyone needs a job.

Whether in the manufacturing of power towers, cars, trucks, green energy, windmills, turbines, the public option creates jobs in the manufacturing sector. Today… everyone needs a job….

The private option, such as the state co-op plan, kills jobs.. it allows insurance costs to stay at their high rate forever…

Take a look at this coincidence….

Check the years underlying the insurance companies profits…..

graph courtesy EzraKlein Archive

What is the fallout of these high insurance prices that coincidently started in 2001?

Economic drag on American manufacturers… They need to make up for the extra cost somewhere…..

graph courtesy of Kruse Kronicle

So as insurance rates soared as private insurance companies made excessive profits, American jobs became hard to find.

Just having the private option kills jobs. We cannot afford to continue supplying health care. Either we eliminate health care entirely, or… we must charge high prices dictated by insurance companies and slap those prices into everything we make…

On the other hand, anything lowering the cost of health care will lower the cost of our products. The public option WILL lower the cost of health care…

Therefore those such as Tom Carper who do not wish to follow through with the public option, are costing us jobs during this Great Recession…

We need to pass the public option in order to put America back to work……….

A New Face In Town

I certainly don’t want to steal Nancy’s thunder… and I don’t know if she’ll publish this, but I’m about to go underground again and I thought this must be aired so all know that all is not well…..

You can see her words here… It is pulled from a comment section of this blog, and it gives her account of her ride down to Washington DC.

But I wanted to point out the involvement of one Jennifer Hill, the new face in town, and a very pretty face I might add. I encourage more people to use this performance as a model when dealing with this human being who WAS ELECTED TO REPRESENT OUR INTERESTS… without further ado…..

“Sorry, I am in a better head space today. Yesterday I was on the ACORN bus to the DC health care rally.

We went to chat with Sen. Kaufman’s aide first. Ted is fully on board with an affordable, universal access plan for the health and security of the American people. Carper..not so much.

Traveling down the hall, I strode right up to newest DEM Sen. Spector and took his hand in greeting. ” Hi there DEM Senator! Nancy Willling from Delaware here”. He gave me a huge grin in response.

And later, after meeting with Tom Carper’s staffers….(Carper ducked in the door to lecture us..his secretary interrupting after a few minutes..”your next appointment is here”

Carper “I’ll be right there” and continues to blab when Jennifer Hill, SEIU spokesperson, interrupted Carper and boy, then he jumped down her throat saying please don’t interrupt me.

She shot right back saying that since he was evidently going to leave without hearing a single direct word from any of the two dozen Delawareans crammed into his conference room that she wanted to be sure that we were able to say a few words to him directly.

And he did let her get a few sentences in.

After that meeting concluded (and the presentation from the DE coalition was submitted) we gathered in the atrium hallway in front of his office doors. An organizer from Health Care For America Now was telling us some good future actions would be to keep the pressure on Carper and that Jay Rockefeller had just presented A REALLY GOOD bill to focus on and promote.

Right then, Jay himself, on crutches with a knee brace and an entourage of interns squeezed around our crowd and we all hailed him with cheers!!!!

So, while the interview with Carper was VERY disappointing, the rally was great and the coalition intends to move ahead.

(of note: Carper’s staffers were polite but firm that the bill had to be bipartisan and when Jennifer said that we only would need 51 they fell out. A sore point. They said nooooooooooooo that most of the items under consideration would not be appropriate under the reconciliation rules.

Once again, Jennifer didn’t hesitate to say that the most important piece was the financial piece which certainly did fit under reconciliation rules. The staffers were none too pleased.”

The Games Continue …

Today’s News Journal was giving some flack back at Obama’s health care plan. Apparently Ted Kaufman, the only one of our national representatives who does not need corporate money to get elected, is the only one who has signed on to helping us with our health costs…

Mike Castle is against helping people get health care. Tom Carper is on the fence, but is leaning towards being against people getting health care. Why? They both need health care’s dollars and cannot afford a lot of medical professionals advising all to vote for their opponents… even if their opponents are more wrong than either of these two Delawareans.

Libertarians are up in arms over governmental involvement. Republicans are up in arms over governmental involvement. The profit motivated media is up in arms over governmental involvement. Even the most liberal minded people are worried they will be stranded out on a limb that may be cut off behind them and are shimming down branches of governmental involvement, they themselves proposed during election season. But you know? None of these know dick.

NONE OF THESE GROUPS KNOW DICK!

Dick receives a paycheck from the Brandywine School District. Dick is one of those responsible for making sure that every child in that school district gets to school on time and gets back home. Dick gets up at 4:30 am, every morning that school is in session. Dick handles all the problems of missed kids stranded on the side of the street because of some missed turn by some part-time driver…. Dick is the one who handles all transportation break downs, and sends drivers out out rescue those sitting in beat up buses on the side of the road. Dick is the one in charge of hiring and firing all personnel. Dick has worked for the Brandywine School District for 15 years. Dick worked his way up from secretary, administrative assistant, to administrator, and now, with the current hiring freeze, to being an administrator with NO secretary or administrative assistant… Dick is one of those getting his pay cut next year, while covering three positions to make sure our children get to school and back… Because of Dick, we can drive to work drinking coffee, and listen to WDEL in the morning…. Dick is one of our unsung heroes.. who still has to work 3 nights late into the evening at another job, just to keep up with his financial obligations……

Today Dick called me and asked for help. Dick’s daughter is going into surgery tomorrow. Dick’s daughter had just called to tell him that Delaware’s Blue Cross and Blue Shield plan, who had fully approved tomorrow’s surgery one and a half months ago, who had pre-approved this surgery 6 months ago….. had just called up and said they were not covering tomorrow morning’s operation..

BLUE CROSS/ BLUE SHIELD CALLED TODAY TO SAY THEY ARE NOT COVERING TOMORROW MORNING’S SCHEDULED OPERATION!

So all the bullshit about private companies offering more choices, about private health-care being more customer friendly, about private insurers better able to serve America than can our government, is dick….

They take our money and give us nothing back.. Question: how much money has Blue Cross been given by each insured and the state of Delaware, say going back 15 years?

And they change their mind at the last minute?

Obviously they will acquiesce tomorrow and allow the surgery to go through; we know this, it’s just a hardball negotiation strategy. But….. several items approved of before, will not be on the list of payment tomorrow. “I’m sorry” Dick will be told: “we will cover the surgery only if we can NOT pay for these items”… “If YOU agree to pick up their cost, we will pay for the rest”… And Dick will think… we’ll, we’re ready to go, we’ve planned this for months, and we can’t put it off any longer….. so….. “ok”

And Dick just got screwed.

So anyone worth their salt who knows Dick…. knows that private insurers are the last people in hell (or on earth) that we can trust with our well being…

Private insurers are the absolute last people who care one tiny bit about our welfare… Those Hannity- Limbaugh assholes who complain about big government? Well here you go… This scenario is exactly what their vision shits out.

That is why every single person who goes to a hospital, who goes to a doctors office, who buy prescriptions from Rite Aid (boycott Happy Harry’s), who waits a whole day on the phone for pre-approval from a private insurance, who gets a call from their private insurer that says, sorry we aren’t paying for your scheduled surgery tomorrow, needs to stand up and yell, right now, and shout at the top of their lungs at their monitor screen: I’m sick and tired of playing these fucking games!

Then get your phone, dial this number (302) 573-6291…. when the automated voice says Senator Carpers office, shout into to the phone… “I’m sick and tired of playing these fucking games:

Then dial this number (302) 428-1902…. when the recorder comes on after Congressman Castle’s office, vent into the phone…. “I’m sick and tired of playing these fucking games”

Their staff reads this. So they’ll know exactly what you’re talking about…

Even better, open your front door, quickly step outside and vent all that rage that has built up inside of you ever since the Health care Industry was “allowed” to start robbing you blind…. At the top of your lungs, make yourself a nuisance to all your neighbors whose eardrums still work: “I’m sick and tired of playing these fucking games!”

Because of every American’s intense hatred towards private insurers, the possibility exists that it could become a movement. As everyone finds out exactly what the yelling is all about, they too will want to join, perhaps even you… Their voices too can echo the iconic phrase: “I’m sick and tired of playing these fucking games..” Just think of what 1 million voices would do.. 5 million, 20 million, 100 million, possibly 200 million voices shouting at the top of their lungs…”I’m sick and tired of playing these fucking games.”

The possibilities grow with your imagination! Call up your insurer: vent: “I’m sick and tired of playing these fucking games..” Talk to you employer’s Human Resource Director: tell them: “I’m sick and tired of playing these fucking games.”

In fact, it wouldn’t be a bad idea, since we know how all America hates private health-care insurers, who have treated us like dirt ever since Dick Cheney ushered George W. Bush into to office, to pick a time, like Wednesday at noon, July 1st, when everyone can pause at that time on mid day, add their voices together, and we can hear a million people within hearing range, crying at the top of their lungs:

“I’m sick and tired of playing these fucking games.”

And anytime someone, anyone mentions private insurers: Just shut them down… Tell them flat out you’re sick and tired of playing their fucking games!”

The Banks Robbed Us

In tracing down a credit card fraud account, I uncovered a can of worms… The culprit in this case is the bank of J P Morgan.

A client discovered a fake charge account had been opened in their name.

Knowing someone on the inside, we were able to ascertain that no paperwork was ever filed for that credit card account which was maxed out immediately at $6,000.. back in 2005 and was never heard of again.. No attempt to alert the person on whose name the card was ever made by that bank.. Yet the bank carried that charge as a pending asset year after year.

No individual swipes or transactions were ever made at the time of opening. A lump sum of $ 6,000 appeared out of nowhere on J P Morgans books, and was attributed to my client…

So we got technical… We traced the path..

Let’s put it this way.. The most logical explanation appears that the bank needed to boost it’s assets so it simply added a charge to this person’s ID and counted it as an asset and someone most likely got their bonus.

Those massive breeches of security which we read about, seem conveniently to benefit the banks. (You can’t blame us: We had a security breech)…

Reading this the first time, you may speculate that someone set up a dummy account and stole the money… Here is the curious part. The money never went anywhere.. It was just put on the books. No one ever spent the money… It just showed up as a debt on the books.

I bring this up now because I just discovered it. Also it makes one wonder just who Tom Carper, Mike Castle, and Ted Kaufman are really helping when the vote to give more power to a bank, than can be given to protect a consumer..

There must be some lingering moral conscience hiding in these men.. Being from Delaware, there is no excuse which can be made in their favor that they don’t “really” know what is going on… Everyone knows you don’t listen to bank presidents… You listen to those working and questioining the unethical practices they see going on about them every day…

Should our representatives sell their soul to the evil enterprise of our financial giants? Or does their soul better belong to us?….

It’s time that some form of legislation originating from Delaware’s coalition, states that any bogus account, must be eradicated by the bank immediately A bogus account would be one for which there was no proof of any transaction, no paperwork trail…. It is fitting that since Delaware is the financial capital of the world, that our legislators should be the ones guarding the public’s trust…

After all banks are just banks. They can afford it.