Thursday, February 19, 2015

Obamaville Thursday, February 19 - The Deep Freeze

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Weather...

Here I sit, 65 miles from downtown Washington, D.C., waiting for the coldest temperature on this date in 40 years, maybe since records started in the 1800's, or maybe since the last Ice Age.  Ever since the weather stations went digital, the weather reports have made a shambles of the truth.


I do not know what a meteorologist has for breakfast, but lately the bizarre forecasts might indicate something comparable to LSD.  If they say we will get two feet of snow, we might get five inches.  When they say it will be around 20 degrees tonight, and then they revise it to a wind chill of 25 below, we know it is not just cream in their coffee.


Did I mention that the forecast for just 48 hours later is over 50 degrees?  The good news is no one really puts much faith in the weather reports, I mean it is still a government agency so accuracy and efficiency are distant dreams.


Politics...


Nothing has changed.  Obama trashes the Republicans and the Republicans trash the President and the Democrats watch and strategically trash both the President and Republicans.


On the presidential scene, the apparent front runners are a Bush for the Republicans and a Clinton for the Democrats.  My how things have changed since 1988 and 1992.


It has been 28 years since a Bush was first elected president, in 1988.  During the 28 years, from 1988 until the next election in 2016, a Bush will be president 12 years, a Clinton for 8 years, and everyone else in America the remaining 8 years.

Pot Smoking Ivy League Presidents - Harvard & Yale

What do you think about the dominance of the Ivy League?  A graduate of Yale will be president for 20 of the 28 years, and a graduate of Harvard for 16 of the 28 years.  I think the Ivy League invented the term "Fuzzy Math" which might explain why Yale's 20 years and Harvard's 16 years add up to 36 years, not to 28 years.


Do not worry there is an answer for all deviations and this time a legitimate one.  One president graduated from both Yale and Harvard.  In fact, he is the only president in history with that intellectual distinction, his name, George W. Bush, as in junior.


Is it not ironic that one candidate for president in 2016 with a legitimate chance to win is also the first person in 28 years to NOT graduate from Harvard or Yale.  It is not Hillary Clinton (Yale), or Mitt Romney (Harvard), or Ted Cruz (Harvard).


Yet another twist in logic and reason, one of the top picks to break the Ivy League stranglehold on the presidency is Jeb Bush, whose father and brother are Yale and Harvard alumni.


Other legitimate candidates like Rand Paul, Chris Christie, Paul Ryan, Marco Rubio, and Martin O'Malley are among others who are not Harvard or Yale graduates.


Health, Energy & Education...


Every month brings new super viruses, mutating bacteria, other drug resistant diseases, and fewer and fewer cures to an unsuspecting public.  UCLA Medical Center is the latest breakout of a dramatic new virus, which has already killed 2 and exposed about 180 people in the first reports.


America celebrated becoming energy independent with the third major derailment and explosion of train cars filled with crude oil.  Not even napalm bombing in Vietnam could match the spectacular explosions from the West Virginia fireworks this week.


The North Dakota crude oil apparently burns better than other production here in the west.  With thousands of oil tankers using train tracks through about every major city in America, look for Keystone Pipeline approval as a "safe" alternative to urban trains.


Terrorism...


ISIS terrorists seem to be popping up in country after country with their unique theology and evil ways.  With Obama still in a scolding mood, so far Jordan and Egypt are the only nations taking a lead in armed resistance and dedication to destroying the terrorists.


Our paper tiger approach to foreign affairs has also been a great aid to Vladimir Putin, who used American indecision to carve a land mass to connect Crimea to the Russian border, as predicted a long time ago by the Coltons Point Times.

Economy...


Stock Markets are pushing against their highest levels in history in the midst of a mediocre, at best, recovery that has left most Americans with less cash, less equity, less choices, and a lousy selection of cheap made consumer products.


In my opinion, the markets have nowhere to go but down and they will take all the 401K money with them since most 401K funds have stock based investments.  Market players should have the ability to sit on investments for 5-10 years before needing the funds, in order to come out ahead.  As for the rest of us, forget it.


Sports...

The Super Bowl was rocked by scandal, the deflate gate conspiracy, while the Patriots took home the money.


College football crowned the first playoff king, as Ohio State beat number one Alabama in the semi-finals, and number two Oregon in the finals.


In college basketball, the mighty University of Kentucky have five games left in the season in their historic effort to become the first undefeated national champion since Indiana in 1976.  It promises to be a magnificent March Madness if we survive the Arctic deep freeze.


More later...

Sunday, January 11, 2015

World comes together behind France - 3 million French march in unison - where is Obama?

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Only major ally leader missing - Obama
Only flag missing - USA

Israeli Prime Minister Benjamin Netanyahu marched with Palestinian President Mahmoud Abbas while Ukranian President Petro Poroshenko and Russian Foreign Minister Sergey Lavrov in a stunning show of world solidarity in Paris today.



For one moment in time, the world seemed to come together, racial, religious, ethnic and cultural differences seemed to melt into the background.  Paris and the French became the capital of the world as the top world leaders came to Paris to work toward a better world.


Missing, President Barack Obama, who returned from a Hawaiian vacation and spent the past three days promoting his manufacturing agenda and community college giveaway program in Tennessee and other states.


Okay, he really did become the only western ally to skip the most important gathering of leaders to support the needs of the people in modern world history.  Now that is a mouth full.  Why in the world was the leader of the only Super-power and most important ally of most European nations missing from the world stage?


To add insult to injury, while Putin sent his Prime Minister, the second in command, Obama seemed to think it was better to keep Vice President Joe Biden home with him touring manufacturing facilities, one of which was not even open.  Nor did Obama send a key cabinet official to represent him, or members of the House and Senate to give their support.


Fact is, only Attorney General Eric Holder was at the March and that was because he went to Paris to attend a meeting today, Sunday, on terrorism security, and just happened to be there for the March.  Holder had previously resigned and will not even be around for more than a few weeks at best.



Well three million people felt it was important to be there, and nearly 50 top leaders of the world.  So where was Obama, certainly never one to miss a media opportunity nor hesitate to do just about anything to distract people from thinking about his record of achievement?



There were no American flags seen and no top ranking government official to share the concern, solidarity, and prayers for the French victims and French people.



What a shame President Obama.  What a way to treat our oldest and most loyal ally and the wonderful French people.

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Thursday, January 08, 2015

No one can take away the love of freedom of the French - Viva La France

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France was the first ally of the American colonists who sent advisers and resources to help General Washington win the American Revolution.


The gift by France to the United States of the Statue of Liberty remains one of the most iconic symbols of the USA to this day.


Among our greatest allies in Europe including England, Germany, Spain, and Italy, France is our only major European ally who never fought a war against the USA.


Yesterday France came under terrorist attack because a French magazine made fun of Mohammed and Allah in cartoons just as the French have been doing since the days of Napoleon.  Napoleon once said a cartoonist in Paris did more damage to his reputation than all the armies he fought.


Ten French journalists and two French police were dead in the carnage while 11 more suffered injuries in this brazen assault by the radicalized terrorists in the heart of Paris.  It was the worst terrorist action in France since the Algerian war ended in the 1960's when the entire world seemed to be at war.


While newspapers like The New York Times declared, "The mood of failure and paralysis is widespread in France," the French people were far from intimated, far from intent on punishing all followers of Islam for the actions of radical extremists, and the people showed it.


Rather than cower in their homes and offices after the brutal attack thousands in France took to the streets to declare WE ARE NOT AFRAID and I AM CHARLIE in massive demonstrations that quickly spread throughout France, Europe and the rest of the world.


The Paris based magazine or newspaper, Charlie Hebdo published the cartoons and had already survived a firebombing that destroyed their headquarters in 2011 in retaliation for satirical cartoons they published.


No radical terrorist in this day and age will ever silence or intimidate the French people because freedom, liberty, equality, and brotherhood flows in their blood and molds their character.


Thank you the people of France for continuing to put democratic principles, freedom, and equality above all other secular concerns.

Spirits in the Sky - August 16, 1977 - The King is Dead!

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Born: January 8, 1935, Tupelo, MS
Died: August 16, 1977, Memphis, TN

Only in America could a country kid from Tupelo, Mississippi grow up to become King, sell over 600 million records, and become one of the greatest icons in American history.


While amassing 14 Grammy nominations and winning three, Elvis was awarded a Grammy lifetime achievement award at the ripe old age of just 36.


Single handed Elvis brought life and controversy to the fledgling rock and roll movement in the 1950's and by the end of the decade it was the dominate music genre in the world.  Every rock and roll success story since his time was because of what he did.




Elvis used television and movies like no other star at the time to make the public aware of him but it was probably the military that helped make Elvis.

Why do I say this?  Back in the mid-1950's when Elvis was starting out rock and roll did not exist. He was known locally and some of those early fans were in the military and would take copies of his records to Germany and other bases where they would share them with fellow soldiers from other parts of the country.



One of my closest friends had a brother in the army who was stationed in Germany and when he came home he brought his brother and thus me copies of the early Elvis records.  
  

The Elvis and Priscilla love story remains one of the greatest in rock history as he asked her father, an officer in Germany when Elvis was serving in the military, if he could take his 14 year old daughter under his protection until they were old enough to marry.  It was seven years before they were married.  


His one child, named Lisa-Marie, went on to become wife to Michael Jackson thus merging two families of the most revered singers in the world.

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Elvis was also friends with my favorite 20th century icon Marilyn Monroe thus insuring him a permanent place in my mind.



During his life he reinvented his career several times, had a manager whose love for money made Elvis a fortune but may have cost him a lifetime of unhappiness, and he became addicted to prescription drugs.



Both Elvis and Michael Jackson would die prematurely from an overdose of prescription drugs.  Still, he remains one of the greatest icons of the 20th century.  Happy birthday Elvis.
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Health Care in America - Obama and Big Pharma - Strange Bedfellows

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The Broken American Health Care System - CPT Reprint

When he ran for office Obama pledged to get control of health care costs and the first thing he did was have his then Chief of Staff Rahm Emanuel negotiate a multi billion dollar deal with big pharmaceutical companies to get their backing for his Obamacare health program.

Details of this deal have never been made public but he did get the support and money from big pharma to lobby and pass his health care program.  As profits continue to climb and costs continue to soar for prescription drugs in America let us look at how they have fared in selling their drugs under Obamacare.

Would you like to know what contributions you are making to drug companies in America? Here are the top 15 drug sales of prescription drugs for 2010 as reported by Bloomberg News.

As you will note, the drug is first, what it treats next, the annual sales in BILLIONS of dollars, and the percentage change over the previous year.  This does not include sales for livestock, fish and poultry use which can represent up to 70% of total antibody drug sales for big pharma, tens of billions more in revenues.
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Lipitor Topped Worldwide Drug Sales in 2010; Crestor Gains Most

1. Lipitor - High cholesterol - Pfizer - $10.7 - -6%

2. Plavix - Blood clot prevention - Bristol Myers - $9.43 - -4%

3. Remicade - Rheumatoid arthritis - J&J Merck & Co. - $7.99 - N/A

4. Advair - Asthma - GlaxoSmithKline - $7.94 - 2%

5. Enbrel - Rheumatoid arthritis - Amgen/Pfizer - $7.23 - N/A

6. Abilify- -Depression Bipolar Schizophrenia - Otsuka/Bristol-Myers - $6.78 - N/A

7. Humira - Rheumatoid arthritis - Abbott - $6.55 - 19%

8. Avastin - Cancer - Roche -  $6.22 - 8%

9. Rituxan - Lymphoma Leukemia - Roche/Biogen Idec - $6.11 - 9%

10. Diovan - High blood pressure - Novartis - $6.05 - 1%

11. Crestor - High cholesterol - AstraZeneca - $5.69 - 26%

12. Seroquel - Depression Bipolar Schizophrenia - AstraZeneca - $5.3 - 9%

13. Herceptin - Breast cancer - Roche - $5.22 - 7%

14. Zyprexa - Bipolar Schizophrenia - Eli Lilly - $5.03 - 2%

15. Singulair  - Asthma Allergies - Merck & Co. - $4.99 - 7%

*Estimated, Otsuka declined to provide 2010 sales. Some year-over-year sales comparisons are N/A because there isn’t comparable 2009 data.
To contact the editor responsible for this story: Reg Gale at rgale5@bloomberg.net.
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Health Care in America - "Corruption at the Core of the Collapse



The Broken American Health Care System - CPT Reprint

What is the driving force behind the failure of the most expensive heath care system in the world to provide a better quality of life?  A lot of us have opinions.  So do the media, politicians and academia, but none seem to be addressing the reason behind every failure of an institution like medical care in society.

There comes a point when the institutions no longer serve the purpose they were created to address.  They evolve to a position where they believe the survival of the institution is more important than the mission of the institution.

When that happens, and inevitably it will when all good causes become their own bureaucracy, we have the seeds of corruption planted.


In America we spend about 9.9% of our disposable income on food.  Thirty years ago we spent 15% of our disposable income, meaning we spend over 5% less today on food than thirty years ago.

Now compare that to our experience with health care costs.


An article  was written June 28, 2009 by George Will titled: "Americans Will Regret Health Care Fix".  It described the cost of health care in America as follows.

The Hudson Institute's Betsy McCaughey, writing in The American Spectator, says that in 1960 the average American household spent 53 percent of its disposable income on food, housing, energy and health care. Today the portion of income consumed by those four has barely changed -- 55 percent. But the health care component has increased while the other three combined have decreased. This is partly because as societies become richer, they spend more on health care -- and symphonies, universities, museums, etc.

It is also because health care is increasingly competent. When the first baby boomers, whose aging is driving health care spending, were born in 1946, many American hospitals' principal expense was clean linen. This was long before MRIs, CAT scans and the rest of the diagnostic and therapeutic arsenal that modern medicine deploys.

In a survey released in April by NPR, the Kaiser Family Foundation and Harvard, only 6 percent of Americans said they were willing to spend more than $200 a month on health care, and the price must fall to $100 a month before a majority are willing to pay it. But according to Grace-Marie Turner of the Galen Institute, Americans already are paying an average of $400 a month.

Most Americans do not know this because the cost of their care is hidden. Only 9 percent buy health coverage individually, and $84 of every $100 spent on health care is spent by someone (an employer, insurance company or government) other than recipients of the care. Those who get insurance as untaxed compensation from employers have no occasion to compute or confront the size of that benefit. But it is part of the price their employers pay for their work.



During the past thirty years health care as a percentage of our gross domestic product has grown by more than ten times.  That does not include your taxes paid for the government expenditures on health care.  The cost now is over $2.6 trillion a year and rising, both in terms of treatment and insurance.

Make no mistake, health care, long a public service through churches, non-profit organizations, government owned facilities and other resources, has now become BIG BUSINESS.

Pharmaceutical corporations led the way into making health care a profit center, not a public service, and now virtually every aspect of our health care system is privately owned, profit centered, and financed by Wall Street.


Wall Street may be reasonably good at financing new businesses like the Internet companies and health care industry but once Wall Street takes control of the industry through controlling the financing, that company serves a new master, Wall Street profitability.

Before you get out your protest banners and decide to occupy hospitals, I mean it is fashionable to protest against anyone we think is ripping off the public, look in the mirror because you are the one embracing a system now under the control of the financial institutions.

My point is this.  Health care is more about serving Wall Street interests than the people's interest.  Of course this is America and we encourage capitalism and these health care capitalists are operating within the framework of the law.  I guess if you owned stock in enough health care companies you would be profiting from the gouging of the American public with excessive health care costs, but most of us don't own health care stocks.


Our health care industry has evolved to the point where moral and financial corruption permeate the entire system, even corrupting those in the industry who really want to help people.

The medical industry is dependent on funneling millions in campaign funds to politicians who have to vote on their funding, in bribing doctors to prescribe drugs, in bribing universities to compete on a cut throat basis for grants from private corporations for survival, and for encouraging doctors to own testing equipment which in turn has to be justified to keep.

Conflicts of interest and ethics issues dominate the health care landscape.  It has become so financially competitive that excessive and unnecessary treatment is the order of the day as a simple and nearly undetectable way to pad the revenue stream.


Why X ray a single tooth if you can X ray the whole mouth?  Why take one or two spinal X rays when you can take multiple X rays of the spine?  Why not set up follow up doctor appointments for reasons of billing for the office visits rather than transmitting test results?

If a drug company pays a doctor to prescribe their drugs, and the more drugs prescribed the more the doctor makes, don't you think more prescriptions will be written?

How can FDA employees fairly evaluate a New Drug Application (NDA) worth potentially billions of dollars in new revenue if the same employees can quit their jobs and go to work for the same drug companies for far more money?

The top five drugs in terms of sales revenue in America all make between $3 and $5 billion a year for the owners, the pharmaceutical company.  If new health research or treatment does not generate profits first and foremost, it is of little value to a profit driven health care system.

If congress or the president eliminated conflicts of interest in the industry, both in terms of the relationship between government workers and the industry and between the industry and practitioners, it would be a great start to cost reduction.


The same conflict of interest exists when doctors are convinced to own expensive equipment like CAT scan and MRI machines, blood laboratories, pharmaceutical offices and others.  If Medicare or a health insurance company allows excessive CAT scans and MRI analysis for the purpose of making sure people are diagnosed and the doctors own the machines, don't you think more screens will be prescribed?

There are a thousand and one ways to get caught in a conflict in an industry that is barely regulated.  Usually there are industry watchdogs like the Securities and Exchange Commission assigned to keep an eye on the system.  However, even they are subject to the same conflicts because the SEC failed to see the housing and banking crisis coming.  More than likely they just turned their back to it.

A comprehensive and fair conflict of interest law could be proposed by the president and approved by congress and a thorough ethics law could be adopted by the medical and health care industries and that would start to unscramble the layers of conflicts and ethics violations we face today.


Unfortunately, such leadership by our politicians and health industries is nonexistent and will be as long as the industry finances the political campaigns in Washington and through the nation.  So we also need campaign financial reform, meaningful reform, to fix that inherent problem.

Fix the conflict of interest, draw up enforceable ethics laws, and clean up the campaign finance mess and it will lead directly to reduced health care costs.  Once again, nothing has been proposed by politicians to correct this mess.

Isn't it about time to REALLY start fixing things?

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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.

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