Health Care in America - Big Pharma Fraud, Cover Ups & Corruption

The Broken American Health Care System - CPT Reprint

There are no short cuts to the truth, and especially when it comes to the cutthroat world of big pharma and big bucks.  In this article we take a story that appeared in The Hals Report by Erik Hals.  It is another example of the extent big pharma is willing to go to secure business in the ruthless legal drug addiction market in America.

The Hals Report

Fraud, Cover-Ups, and Corruption: Welcome to the Drug Industry

Erik Hals,  January 6, 2011

The United States health care industry is one of the largest in the world, with over 300 billion dollars spent on prescription drugs per year. (1) For many, these drugs have brought undeniable benefits, but in recent months the health care industry has fallen upon scandal after scandal.


Recently, two of the worlds largest pharmaceutical companies were fined billions of dollars after investigations into their secret working practices brought several fraudulent activities to light. Now, new revelations have emerged including pervasive fraud, corruption and huge kickbacks which were paid to doctors.


So, what do doctors receive kickbacks for and how do they work? We will begin with a man named David. A decade ago David was prescribed Risperdal for a psychiatric illness, a drug made by Johnson and Johnson. U.S. authorities never approved Risperdal for treating his disorder but the doctor prescribed it to him anyway, it had devastating consequences. He is now in a wheelchair with diabetes and Parkinson’s. In a current lawsuit against Johnson and Johnson, he blames Risperdal. (2)


The pharmaceutical companies didn’t trick the government though. U.S. regulators ruled Johnson and Johnson misled doctors about potential fatal risks associated with the drug, including diabetes. (3) There are more than 2,000 people bringing legal actions against Johnson and Johnson. The company claims the actions are without merit. (of course they do!) The U.S. government and several states are also suing the company in related cases.


Surprisingly, most of the leading pharmaceutical companies in the United States have been fined for fraud in the past. One of the most common types of fraud in the pharmaceutical world is known as off-label marketing. Off-label marketing is a technique in which pharmaceutical companies advise doctors to prescribe drugs for unapproved uses. This is known as fraud against the government because medicare ends up paying the expense for the drugs if they do not work.


Sharon Ornsby, a member of the FBI financial crimes unit, in an interview on Al Jazeera television said, “pharmaceutical fraud is one of our top three threats.”


The U.S. government is slowly beginning to show a fighting facade, but is that all it really is, a facade? In the last 2 years alone the U.S. government has fined six of Americas top ten pharmaceutical companies for fraud. Ongoing investigations continue against three of the four remaining companies. During this specific period in time the industry has paid out over five billion dollars in fines.

In September of 2009 Pfizer settled civil and criminal charges in the amount of 2.3 billion dollars with the federal government for illegally marketing four types of drugs. (4) The Pfizer corporation made over 180 billion dollars selling twelve twelve kinds of drugs and only paid 2.3 billion dollars in fines, talk about a phenomenal business plan!


Details of Pfizer’s behavior came to light when several insiders decided to become whistleblowers. Glen Demott was a top Pfizer representative selling the drug Bextra while earning 100,000 dollars per year. He claims he was trained to lie to physicians, “they were training us to say things to physicians that weren’t accurate. Bextra was not approved to be used for acute pain and we were out there trying to get standing orders for acute pain.” Eventually, Demott was forced out of his position with Pfizer. (5)


Demott is one of a growing number of whistleblowers exposing medical corruption across America. This is largely thanks to a U.S. law called Qui Tam. The law allows individuals with knowledge concerning fraud against the government to bring a legal case on its behalf and share in the proceeds.


Lewis Morris is chief lawyer for the U.S. health department and increasingly uses Qui Tam to expose drug industry corruption. Today there are over 1000 outstanding Qui Tam cases in the United States and they are slowly beginning to open up the secretive world of big pharma. For the first time, we can see millions of dollars in payments to doctors throughout the U.S.


Drug companies now publish physician payment figures online and in 2009 just a few companies paid doctors in the United States over 200 million dollars. (6) These giant sums of money pouring into the medical field will inevitably lead to corruption on every level of the pharmaceutical industry. (if it hasn’t already?)


We already know Risperdal can cause diabetes and Parkinson’s as we saw in Davids case, but now there is evidence the drug can cause serious complications in adolescent boys as well. (Gynecomastia: breast development.) (7) As we speak, federal investigators are still looking into claims concerning Johnson and Johnson. They believe the company illegally marketed Risperdal for use in children, including those with ADHD. But with so many drug scandals flooding the news, the countries regulators have begun to run low on resources.

Avandia used to be the worlds best selling diabetes drug for years. It earned its maker Glaxo Smith Kline billions of dollars, but now it is linked to over 100,000 heart attacks in the United States.


In July the U.S. food and drug administration held hearings related to the dangers of Avandia. (It’s license has already been suspended in Saudi Arabia) An investigation by the U.S. senate finance committee found the totality of evidence suggests Glaxo Smith Kline was aware of the possible cardiac risks associated with Avandia years before the evidence became public. (8) Glaxo Smith Kline also tried to prevent heart attack warnings from being printed on their products box.


Many of Americas leading pharmaceutical corporations appear distraught and amass in corruption. Will fines alone prevent this?


The U.S. government is continually reaching for stronger powers and controls over the industry. The department of health is even considering breaking up drug companies found guilty of corrupt and unethical practices. In the meantime, 1000′s of doctors continue to take cash payments from the drug industry and would argue they are doing nothing wrong. This deeply entrenched culture of corruption within the drug industry is a serious problem that will inevitably cripple our healthcare system beyond repair if something isn’t done about it . Say NO to big pharma.


Sources:


1. Reuters: prescription drug sales 300b$
2. Health Freedom Alliance
3. J&J Told to Pay $257.7 Million Over Risperdal Marketing Tactics
4. Pfizer pays a record $2.3 billion to settle criminal charges
5. Whistleblower Glen DeMott on False Claims Act Settlement Reached
6. PFIZER INC Officers & Directors
7. RISPERDAL
8. Avandia Maker Hid Risks for Years, Probe Finds

© The Hals Report 2012. All rights reserved.

http://www.thehalsreport.com/

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Health Care in America - Big Pharma Convictions in Civil and Criminal Courts

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The Broken American Health Care System

In this article we update you on the convictions of the pharmaceutical companies in various criminal and civil actions against them.  Are there the type of people we want dictating our health care needs and options?

By Dr. Joseph Mercola

A nearly decade-long civil investigation into the fraudulent marketing of Johnson & Johnson's antipsychotic drug Risperdal may soon be coming to a close, with the drug giant agreeing to pay more than $1 billion to the United States and individual states to resolve the matter.

Negotiations over a criminal plea are still ongoing, and individual states may choose to pursue their own cases rather than join in to the federal government's settlement.

This means J&J may be liable for far more money… considering the state of Texas alone is asking for more than $1 billion over Risperdal marketing.

In most cases, a billion-dollar (or more) fraud settlement would be a death-sentence for a business, but for the drug industry, it's just another cost of doing business.

J&J Markets Drug for Unapproved Uses to Boost Profits at the Expense of Patients' Health

At the heart of the latest settlement is J&J's, and particularly their Janssen unit's, attempt to market Risperdal for bipolar disorder, dementia, mood and anxiety disorders, when it had only been approved, initially, for psychotic disorders such as schizophrenia.

Of course, only so many people have schizophrenia, so marketing the drug for the slew of conditions noted above boosted their customer base tremendously. Never mind that it wasn't approved for those conditions …

J&J's Janssen sent out an army of salespeople to doctor's offices, nursing homes, Veteran's Administration facilities, and jails to tout Risperdal as a proverbial miracle drug for mental illness and dementia. The U.S. Food and Drug Administration (FDA) told the company to stop the false and misleading marketing claims not once, not twice, but three times from 1994-2004, but the company reportedly continued to include marketing the drug for unapproved uses right in their business plan. In the years to follow, the FDA did eventually approve Risperdal for bipolar disorder and autism symptoms, but it was never approved for dementia (even though it was heavily marketed as a dementia drug).

In 2006, research showed that up to two-thirds of prescriptions for Risperdal were for unapproved uses that had little or no scientific support. Worse yet, elderly dementia patients who were prescribed Risperdal for off-label uses were found to increase their chances of death by 54 percent within the first 12 weeks of taking it!

Other research published in the Journal of the American Medical Association (JAMA) found Risperdal is no more effective than a placebo, and is associated with a long list of potentially devastating side effects.

The study included 123 veterans with PTSD who received Risperdal, and another 124 who received a placebo. After six months of treatment, about 5 percent of the participants in both groups recovered, and between 10-20 percent in each group reported minor improvement. According to the lead author, Dr. John H. Krystal, who is also the director of the clinical neurosciences division of the Department of Veterans Affairs' National Center for PTSD:

"We didn't find any suggestion that the drug treatment was having an overall benefit on their lives."

So it appears in many cases the joke is on the patient -- who takes a drug for no benefit, and is exposed to serious risks of side effects, some of which may be permanent.

And all the while, Johnson & Johnson is laughing all the way to the bank. More serious side effects include:

·              Neuroleptic Malignant Syndrome, which can be fatal
·              Hormone disruption (including breasts producing milk and breast development in males)
·              High blood sugar and diabetes

Drug Companies are the Top Thugs of the Medical World

Johnson & Johnson is no stranger to being slapped with billion-dollar lawsuits. You probably don't need to be reminded of all the recalls this company has had over the years with its pain products, specifically Motrin, Tylenol and Fentanyl (pain killer patches). The fact that Johnson & Johnson has paid out over $1 billion in the last few years in fines and judgments alone probably comes as no surprise either.

But did you know that in May 2011 the company pleaded guilty to illegally promoting its epilepsy drug Topamax for psychiatric purposes, and in so doing, settled a civil lawsuit in the case for $75 million? You probably didn't realize, either, that last January the U.S. Department of Justice accused Johnson & Johnson of paying tens of millions of dollars in kickbacks to Omnicare Inc to buy and recommend Johnson & Johnson drugs.

This latest scheme is the subject of a federal lawsuit that has 18 states suing not just Omnicare, but 14 other major drug companies, alleging that they ran this scheme together.

The bottom line is this: pharmaceutical companies – the same ones you trust to safely manufacture medications that could alter your very life – are the top corporate criminals on the planet, and this is not unique to only Johnson & Johnson. A large number of pharmaceutical companies are guilty of fraud, cover-ups of fatal side effects, and huge kickbacks paid to doctors.

Charges run the gamut from international price-setting, illegal marketing, false claims, hiding serious problems with their drugs and, in one case (Ortho, a subsidiary of Johnson & Johnson), obstruction of justice and eight counts of persuading employees to destroy documents in a federal investigation.

Yet toxic drugs designed, manufactured, and peddled by these top criminals are what the medical industry and government health agencies try to pass off as the "best" route to good health … despite the fact that pharmaceutical drugs, taken as prescribed, are also directly responsible for the death of at least 125,000 people annually, on top of everything else.

What Common, Illegal Drug Company Practice Earned the Most Penalties from the U.S. Government in the Last 20 Years?

Off-label drug promotion! By scouring through comprehensive databases of all major criminal and civil settlements between federal and state governments and pharmaceutical companies occurring between 1990 and 2010, the Public Citizen's Health Research Group made some sobering discoveries.

For example, they revealed the illegal practice that has earned the largest amount of financial penalties levied by the U.S. government:

"Of the 165 settlements comprising $19.8 billion in penalties during this 20-year interval, 73 percent of the settlements (121) and 75 percent of the penalties ($14.8 billion) have occurred in just the past five years (2006-2010).

… The practice of illegal off-label promotion of pharmaceuticals has been responsible for the largest amount of financial penalties levied by the federal government over the past 20 years. This practice can be prosecuted as a criminal offense because of the potential for serious adverse health effects in patients from such activities.

Deliberately overcharging state health programs, mainly Medicaid fraud, has been the most common violation against state governments and is responsible for the largest amount of financial penalties levied by these governments. This type of violation is also the main factor in the considerable increase in state settlements with pharmaceutical companies over time."

 What We Can Learn From How Doctors Choose to Die

What is perhaps most poignant of all of this is not the fact that corporations could be engaged in so much fraud and deception – it is the fact that so many have embraced the products of these deceptions as veritable life lines.

In the face of illness, we are taught, often from a young age, that pharmaceuticals are the answer. In reality, your own body has healing potential that is, in many cases, far superior to that offered by synthetic drugs, provided it is given the proper tools to harness its healing potential. Yet, those who are at the front lines – the doctors themselves – will often choose to forgo these "solutions" because, quite simply, they've seen the cycle before. Oftentimes, drugs only serve to create more problems – new symptoms and serious, sometimes deadly, side effects with little or no measurable benefit.

In fact, in the face of death, many doctors will choose to skip drugs and medical interventions entirely, choosing, instead, to die naturally. Ken Murray, MD, a Clinical Assistant Professor of Family Medicine at USC, said it well in a recent essay:

"It's not a frequent topic of discussion, but doctors die, too. And they don't die like the rest of us. What's unusual about them is not how much treatment they get compared to most Americans, but how little. For all the time they spend fending off the deaths of others, they tend to be fairly serene when faced with death themselves. They know exactly what is going to happen, they know the choices, and they generally have access to any sort of medical care they could want. But they go gently.

… To administer medical care that makes people suffer is anguishing. Physicians are trained to gather information without revealing any of their own feelings, but in private, among fellow doctors, they'll vent. "How can anyone do that to their family members?" they'll ask. I suspect it's one reason physicians have higher rates of alcohol abuse and depression than professionals in most other fields. I know it's one reason I stopped participating in hospital care for the last 10 years of my practice.

How has it come to this—that doctors administer so much care that they wouldn't want for themselves? The simple, or not-so-simple, answer is this: patients, doctors, and the system."

The truth is, you cannot trust that the companies making your medications have your best interest at heart. Their behavior is among the most criminal on the planet! The only way to avoid all risk, including death, from prescription drugs is to not take them at all. It is your body, not your doctor's and not your pharmacist's, so it is up to you to make the decision of what drugs to take, if any. Be SURE you are aware of the risks of any medication prescribed to you, and weigh them against any possible benefit. Then you can make a well-informed decision of whether it's a risk you're willing to take.

Of course, of paramount importance is also taking control of your health so you can stay well naturally, without the use of drugs or even frequent conventional medical care. If you adhere to a healthy lifestyle, you most likely will significantly reduce your need for medications in the first place.

Source: Bloomberg January 6, 2012

Source: Of Two Minds January 11, 2012

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Campaign Financing in America, the Most Special of Special Interests

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Lobbying has been part of the government process ever since the fight for freedom and adoption of the US Constitution in America. No doubt as a result of the pressure put on colonists by special interests during the formation of America, great care was made to protect the fledgling Republic from these marauding manipulators of governments, wars and people.

During debate over the new treasury department there was an argument over the need to form a US National Bank, sought by the international bankers who were bankrolling the revolution and arms bought by the colonists. The fear of international bankers controlling the economy and printing the nation's money was debated extensively. Opposition was led by Thomas Jefferson.



In time the First National Bank was approved and chartered to a group representing the House of Rothschild. When Andrew Jackson was elected our 7th president and served from 1829-1837 he blocked the renewal of the First National Bank charter by vetoing the Congressional bill. It was a bitter battle with the banking interests and before it was through there was an assassination attempt on the president.

So we know special interests have a long and dubious stranglehold on our nation's capitol.

Today it is more prevalent than ever as witnessed by the accommodation of big banks in the TARP program, big labor in the stimulus and health care reforms, Wall Street and Goldman Sachs in the watered down version of Financial reform being considered, Goldman Sachs again in the cap and trade bill proposed, the unions again in the card check bill, and all sources of big bucks in the total lack of campaign reform not being considered by Congress nor advocated by the administration.



Campaign reform, the only hope for America if it goes far enough to break the stranglehold of special interests on our government, remains the elusive dream of justice and the only effective tool to wipe out corruption.

Obama directly spent nearly three quarters of a billion dollars getting elected. Hundreds of millions of additional dollars were spent on his behalf by other political and special interest groups. The same groups are pouring hundreds of millions of dollars into the campaign coffers of our elected officials yet the media gives no attention to this massive buy out of our politicians.



Paid political advertising must be stopped or our government will always be for sale to the highest bidder. There is no paid advertising in Great Britain yet their government seems to function. Most European nations control the licensing of media companies to a degree that prohibits massive television campaigns yet they seem to function.

Political advertising, which dominates the airways during primary and general election campaigns with often obnoxious and misleading ads should be banned and those media corporations getting federal licenses to use the airways must be required to make available limited time for all legitimate candidates through debates or other forums.



Estimates are that over $5.3 billion dollars were spent during 2008 alone for political television ads for congress and the presidency. That includes spending by candidates, campaign committees, political parties, political action groups, and special interest groups. A few million more was spent on the internet.

Over $5.5 billion was spent to elect 469 politicians. Hundreds of million more dollars have been spent since then by special interests on behalf of legislation they want approved.



No longer can our federal elected officials spend weekends in Washington working on the nation's business because they are running for re-election the day they take office. Of course billions of more dollars are being spent by the same groups to raise the money needed to bombard us with those political ads.



Unfortunately, many media outlet owners are now addicted to the political revenue to stay in business and that raises the most obvious conflict of interest possible for the news media. How could they possibly be advocates or even report fairly on the need for campaign finance reform when their jobs are dependent on that campaign revenue?



It is time Americans realize the campaign money is the root of all evil in Washington and in our media. It is time we realize that meaningful reform, missing from the agenda of our president and both political parties, is the only way to end corruption and special influence peddling in our nation's capitol. It is time we recognize that without such reform, our politicians are on a fast track to permanent slavery to special interests.



Yes, it is time the people demand their elected representatives stop the policy of selling out our government to the highest bidder and ban political advertising in America. European countries have proven that it can be done Constitutionally.



Just as important, if it was done there would be no need for never ending campaigns, for politicians to start raising money for the next campaign the minute they are elected, for them to be spending all their free time raising money rather than taking care of our nation's business, and most of all, for them to be owned by special interests.



Demand campaign finance reform from your politicians. Demand more than just empty promises or watered down actions to achieve these reforms. Do this and there is a chance the Republic may survive. Fail to do this and you will live forever with the corrupt system we now have in place.

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The World Economic Meltdown - The Hopi Purification of Mankind?

My Friend Grandfather Martin Gashweseoma, Hopi Elder, Spiritual Leader and Guardian of the Sacred Stone Tablets of the Fire Clan standing before the Sacred Hopi Prophecy Stone.

For a few thousand years the original inhabitants of America have had prophecies and oral histories talking about the future coming of the White man and the eventual destruction of America as the future rulers did not listen to the pleads of the natives to change our ways by honoring Father Creator, showing respect for Mother Earth and demonstrating love for fellow man.

These prophecies told how a lust for power, a hunger for possessions and an obsession for what others had would corrupt civilization, bankrupt our morality, and in the end, if mankind was incapable of correcting those flaws then divine intervention would be necessary to protect Mother Earth. For thousands of years Native American nations like the Hopi have patiently worked to protect Mother Earth and awaken humankind.

At the end of the present cycle of civilization there would come a quickening of time, everything would seem to be moving faster and faster as the frequency of Earth increased in order to achieve a lighter density in preparation for the planet Earth to separate into two worlds, with the New World moving to the next higher frequency or dimension.


Ancient Hopi Petroglyths:

The Old World would remain behind with all those who refused the opportunity to become enlightened and refuse to remember our original mission on Earth. Those who thrived on the control and misery of others, who sought material gratification, and forgot how to love all God's creatures, would remain.

The New World would return to the original mission of humankind on Earth living in service, peace, harmony and being free of evil or illness. The survivors would inherit the New World and begin a new cycle of civilization in a higher dimension. These are the people who recognized the quickening and took action to remain open and calm as the frequency storm hit Earth. Many signs are given to awaken the people. Not all people will notice them. Some will choose to ignore them as they are trapped in the dark side of humanity.

At the end of the quickening comes the purification as taught by ancient Hopi prophecy. Many believe this is another version of the Christian Rapture. Of course the Hopi prophecy pre-dated Christianity by many thousands of years but many indigenous peoples and cultures have similar prophecies of the time of the purification. If we were to judge a little less and listen a little more we could see the many common truths in all the Creation, Purification and End Times prophecies.

So what if we are in the time of the quickening that precedes the purification as many peoples believe? Some of the more common signs among cultures is that the institutions of the Old World, those that have controlled people, corrupted economies and marketed immorality with an astonishing degree of success, will suddenly fail. There will be signs to make people aware. Perhaps the potential collapse of the financial system throughout the world is one of these signs.

If you wanted to send a message and get the attention of the people of the world, all at once, then destroying the global economic system would be far more obvious than a remote war. The world is addicted to an economic system that epitomizes all that is bad from corruption to greed, possession to power, and lust to jealousy. The domino effect this would have on all the other corrupt institutions of the world would be amazing from religion to politics, government to banks, media to medical care, pharmaceuticals to entertainment. Things would rapidly ground to a halt.

If there is a silver lining in the dark clouds on the horizon they are this. Many people have studied the ancient prophecies or the more recent body of prophecies by the Holy Mother Mary. Very specific ways to prepare for the purification are provided if your intent is to raise your level of consciousness and move on to the New World. We are taught to visualize ourselves in the eye of the hurricane where there is peace and calm in the middle of the chaos and destruction.

When you open your eyes and see what is happening to our world today, you must seek out those who are here and can help you. Call them adepts or enlightened, they have heard the warnings, have studied the signs, and can help you if you choose the path to the New World. Seek them out among your neighbors and friends. They will be the ones not caught up in the hysteria of the moment, not shocked by the speed at which our institutions are failing, and not bound to any dogma except serving and helping people find their way.

If the prophecies are right we must be prepared to let go of everything we know and remember everything we forgot. We must remember the power of unconditional love and the strength of giving. We must not judge but embrace empathy and hope. Most of all, we must pray in whatever manner allows us to be comfortable, but pray with the right intentions.

Albert Einstein with the Hopi:



If the prophecies are wrong, well they might just be delayed a bit because some people are working to bring good to the world. And that would still give us time to try and heal our institutions and Earth before it is too late. The continued economic chaos and the blinding speed with which things change gives one cause to think that maybe the prophecies are right. Are you prepared for the quickening and purification?

The Big Bailout - Free Market Socialism or Government Regulated Capitalism?

Somewhere between the wildly vacillating stock market, the global economic response and the confusion in Congress there is a presidential campaign nearing a conclusion. As the market soars down 2,000 points one week then up 1,000 the next day and governments around the globe step in to fix crisis after crisis it is no wonder the American public has no clue what just happened. Well certain aspects of the market have been repaired and a lot of manipulation has been covered up. The American public will now be a major shareholder in banks and other companies and a whole lot of hidden losses by the greed mongers will be paid off by the feds.

What price did we just pay for stabilization of the stock market? Did we just take a giant leap into the abyss of Free Market Socialism or Government Regulated Capitalism, either of which has never been a part of the American capitalist system? Even more important, did it fix the problems? Since the raid on the US Treasury went so smoothly don't be surprised if more demons of past behavior don't surface in the near future that also have to be addressed to save the struggling economy.

What hasn't been done? For one, the Congress and other elected officials must be banned from taking campaign money from all special interests from the corporations of Wall Street to the labor unions. This bailout is the best evidence yet that campaign contributions from those with a conflict of interest have no place in America. Beyond that lobbying by any group or organization benefiting from any of the many packages to bailout Wall Street or Main Street must be prohibited. Blood money from lobbyists has contaminated our political process to a degree never seen before. Does anyone think Congress and the new president will have the guts and honesty to do this?

Second of all, why has there been no discussion of the hidden debt or losses already incurred by the Wall Street titans in terms of unregulated derivatives and swaps I have discussed in previous articles? I believe there are about $62 trillion more in hidden losses directly attributable to greed, a level of losses far greater than what we have already dealt with in this crisis. If I am right, the economy could go into a severe recession or even depression and if the losses are any larger the consequences could be unimaginable.

In an earlier article about the resilience of the American economy I said the rest of the world cannot afford to let us fail. Recent events demonstrated just what I meant as a problem in the American housing market nearly destroyed the world economy. Perhaps I need to rethink my conclusion as we just were witness to a world teetering on the brink of economic destruction because of a little greed in the way mortgages were approved. It just might be that the world no longer has the ability to help America if we collapse and the interdependence of world markets and speed of world communications will bring down everyone within days.

One thing is certain, our economic system and congress are permeated with people who hold greed to a higher standard than honesty, with people who believe taking is more important than giving, and with people who place far more faith in the almighty dollar than the Almighty God. The foundation of our nation's existence is that we are endowed by our Creator with certain unalienable Rights. We are a nation that puts "In God We Trust" on currency and "One nation under God" in our national anthem. Somehow the Christian values so important to the formation of this nation have been lost in Washington, in Wall Street, in the media and in the overwhelming desire for more power, wealth and control.

What could happen? Read Ayn Rand's book Atlas Shrugged and you will see as the mysterious John Galt led the disappearance of the little people who were the foundation for the wealth accumulated by the rich and greedy and all the puppets who served them. Fascism, socialism and communism were all targets of her failures of civilization and a couple of them could still be around today. Come to think of it, after the great nationalization efforts this dark October things may not be all that different.

Palin Stops Obama's Bridge to Nowhere

Chris Matthews & Keith Olbermann - Liberal Dobermans Protecting the Left

The NBC team of Dobermans self-appointed to protect the liberal left, Matthews and Olbermann from MSNBC, continue as stalking horses for the Obama campaign even after their network banned them from future campaign coverage because of their radical views.

Today, incensed by the Sarah Palin ability to power McCain into the lead, they have resorted to lies, innuendo and distortions on their cable programs to rally the socialists to the cause. Unable to find any facts to support their character assassination of Sarah Palin, they are trying to raise issues intended to upset the voters.

Under the guise of "character" they claim Palin lied regarding her views on the infamous "bridge to nowhere" in Alaska, as if a non-existence bridge is the final determinant in a persons career in public service.

According to the leftist propagandists Palin supported the pork barrel bridge project before she became governor and then opposed it after she became governor. Curiously Obama used the exact words the very same day to attack Palin.

Of course Palin never did support the $400 million bridge project to a very small island but did support a "link" to the island. The pork barrel advocates translated a link into a $400 million boondoggle when all Sarah Palin wanted was a ferry service to link the island to the mainland. Once she was made aware what they did she fought the wasteful project.

Two gross distortions from the liberal left including Obama. Palin never supported a $400 million bridge and the governor of any state does not create pork barrel projects. Only the US Congress, the House and the Senate, can create such projects.

So just who created the $400 million boondoggle? A senator from Alaska and it was approved by the US Senate. And who actually voted for the project, Senator Barack Obama, not Governor Sarah Palin. It was part of nearly $1 billion in pork barrel projects approved by the free spending liberal Barack Obama in Congress. Did I mention Congress is controlled by the Democrats?

The only question left in this campaign is who will win the hearts and minds of the American voters? Will it be the mud slingers from NBC and the leftist elite or the gun slinger from the Alaska backwoods?

Obama Conquers Europe - Is America Next?

Over 200,000 Germans watch as Obama walks along the podium on his way to address the world. It was the highlight of his whirlwind trip from Afganistan to Iraq, Israel to Germany to France and England.

Memo to John McCain: Stop whining and start giving us a reason to take you more seriously than Obama. Ever since Obama left for the war zones and Europe McCain has been complaining about the press coverage, complaining about the policies Obama has announced, complaining about being assigned the junior varsity of the news corps since all the media stars were with Obama in Europe and complaining about every word uttered by Obama on the trip.

His "good old boy" approach to the campaign does nothing to tell us why he should be elected as the most powerful person in the world, how he will improve the image of America around the world, or how he will end the wars and stop all the special interests who are running and funding his campaign. We need solutions to problems. We need a leader who can motivate us to do good. We need a president who will go after the crooks in our financial, oil, medical, pharmaceutical, entertainment and media industries.

I thought it was pretty amazing to see an American speaking to over 200,000 Germans in Berlin and being applauded. When I see polls that say two-thirds of Europeans want Obama to be the next president I think the fact the rest of the world is taking such an interest in our election is an indication of the power of the United States and the role they hope to see for America in leading the world.

Think about it, France, Germany, Italy, Spain and England have been around about a thousand years longer than the USA. Yet in all their amazing history they have never had a minority leader, whether president, prime minister, king or queen. Only the USA, the newest kid on the block, has taken such a quantum leap forward to be seriously considering electing the first minority president in world history in a Western democratic or capitalistic society.

The people of the world stand in awe of our political system that practices what it preaches, that all people are free and everyone has an equal opportunity to be president. I happen to think that is quite extraordinary and our founding fathers should be smiling down on the land of freedom and opportunity they helped create.

There are one hundred days until the election. Both candidates have plenty of time and money to make their case to be the next leader of our nation. Let us hope they use that time and money to give us positive reasons to elect them, not negative reasons to not elect their opponent.

The United States is the sole world super power because we can stand united behind a cause for good, be more creative and innovative than any other nation when we set our mind to it, and we are the most compassionate and caring people on Earth. As long as the world is watching with such interest, let us give them an election they will never forget.



Not to be outdone by Obama, McCain is shown here meeting with the Dali Lama while Obama was meeting with the Germans, French and English. He used the occasion with this man of peace to blast Obama for his trip and to challenge the images of the wonderful reception he received in Europe.

Letters to the Editor

I got a letter from Cathe the other day asking why no new articles have been published lately. Letters to the editor are rather rare here at the Coltons Point Times but are greatly appreciated as it is the only indication people are reading and finding the stories to be of value.

So I told her I broke my brain and had to take time for repairs but the break happened at a good time as everything in the news was predictable. Truth is I was taking a break while the world caught up with my previous articles.

We made a number of predictions and suggestions on a variety of issues and it seemed as if the government was never going to get around to doing their job but slowly, often grudgingly, they seem to be getting in gear.

I suspect some of the movement by the bureaucrats might be they realize in a few months they may have a new boss and they better do something to justify their existence. There is also the calls for change by the presidential candidates and the strange policy reversals of late by President Bush that have changed things.

The Race for President
In March we called the Democratic primary and even the general election naming Obama the winner of both. The first already happened and the second is well underway. Of course the news media says the race between Obama and McCain is only a 4 percent lead for Obama. We addressed that in an article on polling stating that polls will not be accurate until after September 1 at which time we expect Obama to surge to a 15% lead and never look back.

The Oil Price Rise
For nearly two years we urged investigation of price manipulation of the futures market and finally, this week, the federal government announced the first of what could be many indictments for illegal price fixing. An expansive investigation is already underway.

The Housing Crisis
Also long ago we pointed out the impending collapse of the housing market because of over priced real estate and the proliferation of Wall street, the banks and investment houses in scam sub-prime mortgages. Well the house of cards did collapse at a cost of well over $300 billion. We urged extensive prosecutions of the mortgage, banking and financial sectors and they have also begun.

The many articles covered a host of sins ranging from medical costs to environmental issues, prescription drugs to vaccines. We pointed out that new born children now receive 26 vaccinations by the time they are two years old. No wonder our immune systems have broken down. The average older American now takes six prescription drugs a day.

We are over regulated, over stimulated, over manipulated and over weight and still we listen to the maniacs every evening on the news singing the praises for the quality of life in America while their networks suck every last advertising dollar from the guilty parties.

Television programs on our 500 channels are the dumbest collective bunch of nonsense in history, video games are the most crass and destructive forces ever inflicted on mankind, violent crime is glorified on local news and corporate crime is covered up on network news.

The price of oil and food goes up every time anything in the world goes wrong even if it has no effect on oil and food prices. Still we send the same people back to congress and our state legislatures as if they have no responsibility for all the corruption and greed that dominates our world.

Well I don't know if President Obama can change things as he will still be stuck with the same congress but he certainly can't do any worse than the last few presidents. I presented a program to Take Back America which starts to address all the freedom, choices and morality we have given up but a positive approach to problem solving has no place in a world that dwells on the negative and glorifies greed.

Still the population of Coltons Point is a couple of hundred and there are over 7,000 readers of the Coltons Point Times, not to mention the many web sites that place my articles on them so at least several thousand people are starting to look for the truth.

In order to serve that purpose and make certain Cathe has something of value to read we are now rested and will not rest again until the crooks have been driven from the capitol, from Wall Street, from television and radio, and even from the pulpits.

We will not rest until you get medical help to heal you, not keep treating you until your insurance runs out. When owning a home means something. When education actually teaches. When speculation in oil and food is stopped because such greedy speculators are threatening our national security. When foreign aid goes to countries that help us lower the cost of oil. And all that other stuff.

THE HIJACKING OF AMERICA – THROW THEM OUT, THROW THEM ALL OUT!

Not since Al Capone stole Chicago has there been a theft of the grand portions we are now experiencing with the oil price crisis and this time there are no g-men or J Edgar Hoover to stop the insanity. Once upon a time the federal government could be counted on to protect the American public but that day has long since vanished in the corruption tolerant world we live in today.

It is said that mighty empires don’t collapse because of lost wars but suffocate on their own from the break down of morality and ethics as the seeds of evil grow and bring down the empire. Well America stands at the precipice of self-destruction because big business doesn’t care and big government turns a deaf ear to the cries for help from the people.

Once upon a time the Securities and Exchange Commission, the Federal Trade Commission, the Justice Department Anti-Trust group, the Treasury Department, the Internal Revenue Service and other government agencies would never tolerate the corruption and deceit running rampant today.

Today we give tax deductions to corporations guilty of multi-billion dollar crimes against humanity. We give tax breaks to oil companies that refuse to build refineries and develop new oil fields. We bail out banks and investment houses that violated the law and created the sub-prime mortgage scam. We make money available at cheaper interest rates to institutions that then refuse to lower mortgage rates. And worst of all we allow 535 Senators and Congressmen to employ 18,000 staff and receive $1.6 billion so far in campaign contributions from the very same companies bankrupting our economy and destroying lives.

The federal campaign finance laws are an invitation to corruption and the House and Senate refuse to change them. No wonder when they get $1.6 billion just for the primary elections. The media blindly ignores the truth about the extent of corruption because they get billions of dollars in advertising revenue from the same companies.

Investment houses, banks and pharmaceutical companies have paid well over twenty billion dollars in fines for illegal activities since 2000 and we reward them with tax deductions for the fines they pay. Then we watch as the Federal Reserve guarantees lines of credit to keep them in business and to bail each other out while reducing the cost of our tax dollars to them so they can continue with their market manipulations.

Many of the same companies that lost $400 billion on the sub-prime mortgages they created out of greed are now benefiting from the incredible oil price surge with record profits every month while the average American is watching their lives, standard of living and retirement funds disappear.

Congress calls hearings to question the oil executives on their salaries and bonuses while doing nothing to stop the oil price spiral. What in the world is the point unless the point is to distract the American public from the truth? Keep the eye of the public off the financial institutions that are pouring billions of dollars into the congressional and presidential campaigns while raiding the US treasury in every way humanly possible.

Through it all the people have patiently waited for their elected representatives to protect them and their federal agencies to stop the bad guys. Neither has happened nor are they likely to happen. Congress is still looking in the wrong places and the administration is still asking the oil producers to increase production and neither strategy has worked.

Why do we have to ask those that directly benefit from our defense spending in Iraq (over $500 billion) to help us with the oil supplies when they could care less? Perhaps all those Sheiks in training that came to our Ivy League Schools to learn the ways of the world learned a little more about price gouging and a little less about protecting their own market.

Of course the oil companies have not developed known reserves nor increased refinery capacity so they are contributing as well to the mess. The President blames Congress for not passing his energy bill during the last eight years. How long does a president have to wait to figure out his bill is no good? If the president wanted the bill so bad then during those eight years he might have acted like a leader and found a way to get it passed. I mean he does head the “executive” branch doesn’t he?

Then there are the car companies who have become so dependent on oil and the internal combustion engine and the massive after market repair revenue it generates they sat back and waited until the consumer was getting squeezed to death before addressing the need for an alternative fuel engine.

In the end there is us, the American consumer, who bought the cars, burned the oil, let the financial institutions invest our money, elected the president and the congress, and now are screaming about what went wrong. We could have elected responsible officials who warned us of the dire future but we didn’t. We could have thrown out the politicians who lied to us but we didn’t. We could demand our elected officials prosecute the financial institutions that own the futures market, manipulate the media to drive up the price of gas, and get the federal government to bail them out whenever their greed gets them in trouble. But we don’t.

We did reduce our driving and that is good. What we really need to do is clean house, both houses of congress that is along with the administration. What policies the president did implement over the part eight years required the approval of congress to budget so they are both guilty of complicity in the oil fiasco. Besides, when it comes to being bought off by campaign contributions from these powerful forces both were willing to do whatever it took for the money.

So we need look no further than the mirror for the real culprit in the oil debacle as we let all the players make the grand scam happen and if there is to be a solution it will be found when we wake up and use the ballot to fight back. Throw them all out of office and there is a chance the world might become a better place. After what the politicians have done to us how can we do anything less?

IS OIL BAILING OUT THE SUB-PRIME MORTGAGE MESS?

The Big Fix?

We all know how the investment banks, financial institutions and brokers tried to manipulate the American mortgage market and in their greed lost site of good business practices and created a stock scam called sub-prime mortgages which were then packaged and sold by Wall Street. With the feeding frenzy created by this illusion of housing prices raising ad infinitum the greed moguls and the greed mongers accepted millions of mortgages from people with no ability to pay them.

Stock was sold over and over again until the very citadels of our financial sector, the very banks and investment houses we rely on to protect our savings, protect our retirement and manage our economy were inundated with high risk holdings. Then a very unusual thing happened, truth prevailed. Housing prices stopped increasing because they were already way beyond the real value of the property.

Suddenly our trusted money managers were left holding billions and billions of dollars in inflated adjustable rate mortgages, and the home purchasers had no chance to make the escalating monthly payments. Mortgage defaults by the millions were set in motion and the money managers, also entrusted with our hard earned savings, retirement funds and stock holdings, lost billions and billions of real dollars, a total estimated at over $215 billion on mortgages alone.

Then the stock market prices collapsed as the backbone of our financial sector was swamped in losses and unable to explain how greed overshadowed laws and how they were willing to sacrifice the financial well-being of their clients to protect their own jobs, bonuses and buys out to the tune of hundreds of millions of dollars. So where do the pillars of finance stand today?

To avoid bankruptcy and avoid sending the world into economic crises they secured massive amounts of money from China, other Asian countries and the oil rich Arab world. So what is the price they paid to be bailed out by foreign money? Better still, what is the price we paid for our financial citadels to be bailed out by foreign money?

Today we see the same laundry list of financial powerhouses trying to regain their strength and stability in the market and lo and behold what happens to the market? First the oil prices defy every law and principle of accounting and keep skyrocketing at a pace never seen before. Second, virtually all other sectors of the market with the exception of gold collapse, almost as if being forced down so SOMEONE can step in and buy stock at depressed prices to salvage their balance sheets.

If this were a thoroughbred race, yet another industry being taken over by the Arab oil money, one would say the big fix is on. Something very crooked is being done to make someone an awful lot of money and they are playing with grey areas of the law to make it happen.

Well Congress and the presidential candidates should ask who is benefiting from the spiraling oil and gold prices and the collapse of the stock market. Then Congress and the candidates should do something we haven’t seen in many years. Do something about it! If the financial institutions that lost $200 billion of our dollars, not theirs, have decided to artificially maintain high oil and gold prices and low stock prices so they can regain their credibility and stave off any investigations by a gutless congress and the more gutless international group called the World Bank then maybe it is time to repopulate the jails with people who deserve to be there.

Every financial institution in the world should be investigated to determine if they are profiting from the rigged oil prices of today. Expose their layers of hidden equity to see if they are owners of oil related companies or markets responsible for setting the oil and gold prices. See if they invested in such companies for themselves or if they allowed their little investors to benefit by including them in the holdings.

See if there is collusion between the oil producers, futures markets and banks and investment houses to prop up the oil price in order to offset the billions in sub-prime mortgage losses. And when you find the evidence, then do something about it. Oh yes, and while you are at it you better stop taking the millions of dollars in campaign contributions being thrown at you by these blood-sucking profit rich companies or you are also part of the corruption that has cast a dark shadow over the lands.

Public enemy number one in the oil crisis are the energy analysts and while there used to be just a conflict of interest involved because some analysts work for companies with major oil holdings, recently the government analysts like the U.S. Department of Energy have further fueled the oil price spiral with dismal forecasts for summer prices.

These analysts cannot explain what is happening in economic terms, as there is no justification for the profit gouging. So why are they not probing into the financial collusion that may exist and may be driving the prices up? If an analyst cannot tell us what is going on in the market then they have no business speculating on the future prices.

If there is market manipulation to virtually guarantee excessive profits then why is the U.S. Justice Department silent? What about the Federal Trade Commission or the Securities and Exchange Commission or the Interstate Commerce Commission or all the committees in the House and Senate looking out for our interests? Don’t any of them see that their continued silence is allowing the worst-case scenario to happen?

In the end, no matter what government action does or does not take place, every member of the House and Senate that ignored the public during this time of crisis should be thrown out of office for benign neglect of the public interest and if they accepted campaign contributions from these industries and they are proven guilty of price manipulations then the members of Congress should be impeached.